Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$4.56B |
| 2 |
Broadcom
AVGO
|
+$441M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$281M |
| 4 |
NVIDIA
NVDA
|
+$278M |
| 5 |
Microsoft
MSFT
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$2.05B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$1.6B |
| 3 |
Lennox International
LII
|
+$284M |
| 4 |
Itaú Unibanco
ITUB
|
+$247M |
| 5 |
Intuit
INTU
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.35% |
| 2 | Financials | 19.13% |
| 3 | Healthcare | 9.52% |
| 4 | Industrials | 9.41% |
| 5 | Communication Services | 6.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
iShares International Select Dividend ETF
IDV
$8.48B
| $522K | ﹤0.01% |
+13,235
| New | +$502K |
|
777
Occidental Petroleum
OXY
$56B
| $519K | ﹤0.01% |
12,629
-1,152
| -8% | -$48.1K |
|
778
Semtech
SMTC
$12.6B
| $516K | ﹤0.01% |
7,001
-17,068
| -71% | -$1.21M |
|
779
iShares US Technology ETF
IYW
$24.8B
| $510K | ﹤0.01% |
2,555
+13
| +0.5% | +$2.6K |
|
780
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.96B
| $503K | ﹤0.01% |
+10,761
| New | +$498K |
|
|
EIPI
781
FT Energy Income Partners Enhanced Income ETF
EIPI
$1.09B
| $498K | ﹤0.01% |
+25,041
| New | +$497K |
|
782
Schwab US Large- Cap ETF
SCHX
$73.9B
| $497K | ﹤0.01% |
18,474
-23,572
| -56% | -$630K |
|
783
Simon Property Group
SPG
$71.9B
| $496K | ﹤0.01% |
2,680
+459
| +21% | +$83.4K |
|
784
Hartford Financial Services
HIG
$39.6B
| $485K | ﹤0.01% |
+3,519
| New | +$464K |
|
785
Royal Caribbean
RCL
$85.7B
| $480K | ﹤0.01% |
1,720
-1,721
| -50% | -$486K |
|
786
Cardinal Health
CAH
$55.7B
| $477K | ﹤0.01% |
2,319
+312
| +16% | +$58.7K |
|
787
Capital Group Dividend Value ETF
CGDV
$38.7B
| $476K | ﹤0.01% |
10,910
+1,908
| +21% | +$81.9K |
|
788
Alcon
ALC
$33.9B
| $474K | ﹤0.01% |
6,014
+132
| +2% | +$10.2K |
|
789
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.6B
| $467K | ﹤0.01% |
+10,897
| New | +$468K |
|
790
iShares Biotechnology ETF
IBB
$9.53B
| $466K | ﹤0.01% |
2,763
+563
| +26% | +$91.4K |
|
791
CME Group
CME
$95B
| $462K | ﹤0.01% |
1,690
+468
| +38% | +$127K |
|
792
iShares TIPS Bond ETF
TIP
$14.5B
| $461K | ﹤0.01% |
4,193
-3,002
| -42% | -$333K |
|
793
State Street SPDR S&P Dividend ETF
SDY
$23.7B
| $456K | ﹤0.01% |
+3,273
| New | +$455K |
|
|
SPYM
794
State Street SPDR Portfolio S&P 500 ETF
SPYM
$167B
| $456K | ﹤0.01% |
5,678
-2,416
| -30% | -$192K |
|
795
T-Mobile US
TMUS
$193B
| $453K | ﹤0.01% |
2,230
+779
| +54% | +$165K |
|
796
Elevance Health
ELV
$84.9B
| $452K | ﹤0.01% |
1,290
-82
| -6% | -$27.7K |
|
797
Teekay
TK
$981M
| $452K | ﹤0.01% |
50,000
-2,500
| -5% | -$23K |
|
798
Labcorp
LH
$25.7B
| $440K | ﹤0.01% |
1,754
+24
| +1% | +$6.37K |
|
799
iShares Core S&P US Value ETF
IUSV
$27.5B
| $437K | ﹤0.01% |
4,261
+1,881
| +79% | +$191K |
|
800
MetLife
MET
$63.7B
| $432K | ﹤0.01% |
5,472
-1,429
| -21% | -$113K |
|
Similar funds
Ken Fisher's Q4 2025 Portfolio in Review
As of Q4 2025, Ken Fisher held 1,126 positions worth $293B, up 6% from $276B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q4 2025 filing shows 112 new, 480 increased, 403 reduced and 109 closed positions. Its largest new stake was Belden: 369,776 shares worth $43.1M. The largest sale was iShares MBS ETF, an estimated $2.05B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2025 buy was Belden: 369,776 shares worth $43.1M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q4 2025, an estimated $4.56B increase.
- Ken Fisher's biggest Q4 2025 reduction was iShares MBS ETF, cutting an estimated $2.05B.
- Ken Fisher fully exited Infosys in Q4 2025, selling an estimated $146M.
- Ken Fisher's ten largest holdings make up 34% of its $293B portfolio in Q4 2025.
- Ken Fisher opened 112 new positions and closed 109 in Q4 2025.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $293B.
Based on Fisher Asset Management's 13F filing for Q4 2025, filed 9 Feb 2026.