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 | |
|---|---|---|---|---|---|---|
826
National Grid
NGG
$80.8B
| $349K | ﹤0.01% |
6,108
+15
| +0.2% | +$907 |
|
827
Corteva
CTVA
$51.3B
| $345K | ﹤0.01% |
6,745
+60
| +0.9% | +$3.18K |
|
|
SNV
828
DELISTED
Synovus
SNV
| $345K | ﹤0.01% |
12,406
| – | – |
|
829
Airbnb
ABNB
$90B
| $342K | ﹤0.01% |
2,489
-139
| -5% | -$19.2K |
|
830
iShares Global Consumer Discretionary ETF
RXI
$274M
| $341K | ﹤0.01% |
2,327
| – | – |
|
831
Ares Capital
ARCC
$14.1B
| $340K | ﹤0.01% |
17,487
+6,485
| +59% | +$126K |
|
832
Exelon
EXC
$46.7B
| $339K | ﹤0.01% |
8,977
+2,850
| +47% | +$116K |
|
833
McKesson
MCK
$102B
| $338K | ﹤0.01% |
778
+102
| +15% | +$43K |
|
834
Live Nation Entertainment
LYV
$42.3B
| $338K | ﹤0.01% |
4,068
| – | – |
|
835
Fabrinet
FN
$19.5B
| $336K | ﹤0.01% |
2,014
-5
| -0.2% | -$693 |
|
836
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.77B
| $334K | ﹤0.01% |
11,879
-1,831
| -13% | -$53.5K |
|
837
DuPont de Nemours
DD
$19.5B
| $333K | ﹤0.01% |
3,558
+201
| +6% | +$18.9K |
|
|
VBTX
838
DELISTED
Veritex Holdings
VBTX
| $331K | ﹤0.01% |
18,459
+8,459
| +85% | +$163K |
|
839
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $328K | ﹤0.01% |
9,682
+664
| +7% | +$22.8K |
|
840
Hilton Worldwide
HLT
$72.5B
| $327K | ﹤0.01% |
2,176
-78,953
| -97% | -$11.9M |
|
841
Genuine Parts
GPC
$18.3B
| $325K | ﹤0.01% |
2,252
-126
| -5% | -$19.6K |
|
842
Elevance Health
ELV
$84.9B
| $324K | ﹤0.01% |
744
+152
| +26% | +$68.9K |
|
843
Brookfield
BN
$108B
| $324K | ﹤0.01% |
15,525
+1,429
| +10% | +$32.2K |
|
|
FIEE
844
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $319K | ﹤0.01% |
1,585
| – | – |
|
845
iShares MSCI USA Min Vol Factor ETF
USMV
$24.1B
| $319K | ﹤0.01% |
4,403
+757
| +21% | +$56.4K |
|
846
Weyerhaeuser
WY
$18.3B
| $318K | ﹤0.01% |
10,370
-15,418
| -60% | -$507K |
|
847
Corning
GLW
$135B
| $316K | ﹤0.01% |
10,371
-278
| -3% | -$9.09K |
|
848
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $314K | ﹤0.01% |
+4,808
| New | +$323K |
|
849
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.3B
| $313K | ﹤0.01% |
+935
| New | +$324K |
|
850
iShares MSCI South Korea ETF
EWY
$23.8B
| $313K | ﹤0.01% |
5,305
+1,544
| +41% | +$98K |
|
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.