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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
W.P. Carey
WPC
$16.4B
| $441K | ﹤0.01% |
6,811
+70
| +1% | +$4.03K |
|
802
Elevance Health
ELV
$85.5B
| $424K | ﹤0.01% |
899
+155
| +21% | +$71.7K |
|
803
Cardinal Health
CAH
$55.4B
| $423K | ﹤0.01% |
4,193
+1,183
| +39% | +$117K |
|
804
Aflac
AFL
$63.4B
| $419K | ﹤0.01% |
5,079
+378
| +8% | +$30.5K |
|
805
Invesco S&P 500 GARP ETF
SPGP
$2.3B
| $410K | ﹤0.01% |
+4,182
| New | +$387K |
|
806
Toro Company
TTC
$9.49B
| $409K | ﹤0.01% |
4,264
-1,319
| -24% | -$113K |
|
807
iShares MSCI South Korea ETF
EWY
$24.1B
| $408K | ﹤0.01% |
6,232
+927
| +17% | +$56.4K |
|
808
RPM International
RPM
$15B
| $401K | ﹤0.01% |
+3,592
| New | +$363K |
|
809
Check Point Software Technologies
CHKP
$13.1B
| $397K | ﹤0.01% |
2,600
+641
| +33% | +$90.6K |
|
810
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.9B
| $395K | ﹤0.01% |
1,798
+397
| +28% | +$79.4K |
|
811
Analog Devices
ADI
$190B
| $394K | ﹤0.01% |
1,985
-527
| -21% | -$94.1K |
|
|
NSA
812
DELISTED
National Storage Affiliates Trust
NSA
| $393K | ﹤0.01% |
9,478
+600
| +7% | +$20.1K |
|
|
SCHR
813
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $392K | ﹤0.01% |
15,766
-740
| -4% | -$17.9K |
|
814
O'Reilly Automotive
ORLY
$76.3B
| $392K | ﹤0.01% |
6,180
-1,470
| -19% | -$92.9K |
|
815
British American Tobacco
BTI
$128B
| $392K | ﹤0.01% |
13,367
-10,138
| -43% | -$308K |
|
816
Travere Therapeutics
TVTX
$5.78B
| $388K | ﹤0.01% |
43,182
| – | – |
|
817
State Street SPDR S&P Dividend ETF
SDY
$23.9B
| $385K | ﹤0.01% |
+3,083
| New | +$362K |
|
818
Equinix
EQIX
$103B
| $381K | ﹤0.01% |
+473
| New | +$363K |
|
819
Fabrinet
FN
$20.1B
| $381K | ﹤0.01% |
2,000
-14
| -0.7% | -$2.4K |
|
820
Brookfield
BN
$108B
| $379K | ﹤0.01% |
14,183
-1,342
| -9% | -$30.5K |
|
821
Zoetis
ZTS
$30.5B
| $378K | ﹤0.01% |
1,916
-499
| -21% | -$88.3K |
|
822
VanEck Oil Services ETF
OIH
$1.92B
| $377K | ﹤0.01% |
1,217
-246
| -17% | -$79K |
|
823
eBay
EBAY
$49.7B
| $377K | ﹤0.01% |
8,633
+2,629
| +44% | +$109K |
|
824
iShares Core S&P Total US Stock Market ETF
ITOT
$97.8B
| $376K | ﹤0.01% |
+3,568
| New | +$350K |
|
825
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $372K | ﹤0.01% |
8,338
-881
| -10% | -$37.7K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.