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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Paychex
PAYX
$42.7B
| $401K | ﹤0.01% |
3,476
+449
| +15% | +$54.1K |
|
802
iShares US Treasury Bond ETF
GOVT
$43.5B
| $399K | ﹤0.01% |
18,095
-16,115
| -47% | -$363K |
|
803
American Electric Power
AEP
$68.2B
| $399K | ﹤0.01% |
5,298
+649
| +14% | +$52.8K |
|
|
SCHR
804
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $396K | ﹤0.01% |
16,506
+5,524
| +50% | +$134K |
|
805
Palo Alto Networks
PANW
$293B
| $395K | ﹤0.01% |
3,370
+104
| +3% | +$12.3K |
|
806
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $393K | ﹤0.01% |
9,219
+2,290
| +33% | +$103K |
|
807
Travere Therapeutics
TVTX
$5.89B
| $386K | ﹤0.01% |
43,182
| – | – |
|
808
Repay Holdings
RPAY
$330M
| $385K | ﹤0.01% |
50,762
| – | – |
|
809
Linde
LIN
$226B
| $384K | ﹤0.01% |
1,030
+95
| +10% | +$36.2K |
|
810
Cigna
CI
$72.7B
| $382K | ﹤0.01% |
1,336
+510
| +62% | +$145K |
|
|
CTRA
811
DELISTED
Coterra Energy
CTRA
| $382K | ﹤0.01% |
14,126
+144
| +1% | +$3.92K |
|
|
FIHD
812
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $380K | ﹤0.01% |
1,693
| – | – |
|
813
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $376K | ﹤0.01% |
8,598
-5,612
| -39% | -$253K |
|
814
Travelers Companies
TRV
$80.5B
| $374K | ﹤0.01% |
2,291
+109
| +5% | +$18.2K |
|
815
Fidelity MSCI Financials Index ETF
FNCL
$2.41B
| $373K | ﹤0.01% |
8,019
+2,250
| +39% | +$109K |
|
816
UBS Group
UBS
$173B
| $371K | ﹤0.01% |
15,063
+75
| +0.5% | +$1.75K |
|
|
MRSH
817
Marsh
MRSH
$92.2B
| $367K | ﹤0.01% |
1,929
-1,352
| -41% | -$259K |
|
818
Vanguard Extended Market ETF
VXF
$31.2B
| $362K | ﹤0.01% |
+2,525
| New | +$379K |
|
819
Aflac
AFL
$64.5B
| $361K | ﹤0.01% |
4,701
-1,100
| -19% | -$81.7K |
|
820
W.P. Carey
WPC
$16.4B
| $357K | ﹤0.01% |
6,741
-1,125
| -14% | -$72.1K |
|
821
Schwab Fundamental US Large Company Index ETF
FNDX
$27.2B
| $356K | ﹤0.01% |
19,056
+780
| +4% | +$15.1K |
|
822
Antero Resources
AR
$10.7B
| $355K | ﹤0.01% |
+14,000
| New | +$361K |
|
823
Vanguard FTSE All-World ex-US ETF
VEU
$67.8B
| $353K | ﹤0.01% |
+6,806
| New | +$368K |
|
824
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $350K | ﹤0.01% |
7,715
+1,175
| +18% | +$55.4K |
|
825
Sysco
SYY
$40.4B
| $350K | ﹤0.01% |
5,300
+2,241
| +73% | +$161K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.