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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Travelers Companies
TRV
$80.2B
| $271K | ﹤0.01% |
1,583
+328
| +26% | +$59.6K |
|
852
Paychex
PAYX
$42.7B
| $270K | ﹤0.01% |
2,352
-3,192
| -58% | -$363K |
|
853
Vanguard Total International Stock ETF
VXUS
$160B
| $269K | ﹤0.01% |
4,880
+757
| +18% | +$41.4K |
|
854
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $263K | ﹤0.01% |
5,640
+683
| +14% | +$31.7K |
|
855
iShares MSCI EAFE Value ETF
EFV
$29.4B
| $261K | ﹤0.01% |
5,370
+31
| +0.6% | +$1.5K |
|
856
JPMorgan Ultra-Short Income ETF
JPST
$40.3B
| $260K | ﹤0.01% |
+5,172
| New | +$260K |
|
857
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $255K | ﹤0.01% |
4,836
-2,200
| -31% | -$117K |
|
858
Constellation Energy
CEG
$96.4B
| $255K | ﹤0.01% |
3,249
-73
| -2% | -$5.9K |
|
859
DuPont de Nemours
DD
$19.2B
| $255K | ﹤0.01% |
+2,829
| New | +$258K |
|
860
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $250K | ﹤0.01% |
+1,339
| New | +$244K |
|
861
O'Reilly Automotive
ORLY
$76.3B
| $250K | ﹤0.01% |
4,410
-735
| -14% | -$40.3K |
|
862
Energy Transfer Partners
ET
$69.3B
| $249K | ﹤0.01% |
19,999
-6,369
| -24% | -$80.5K |
|
863
Hershey
HSY
$36.6B
| $248K | ﹤0.01% |
+975
| New | +$229K |
|
864
Becton Dickinson
BDX
$48.7B
| $243K | ﹤0.01% |
982
-517
| -34% | -$126K |
|
865
Palo Alto Networks
PANW
$297B
| $243K | ﹤0.01% |
2,430
-8,784
| -78% | -$744K |
|
866
Vanguard Consumer Staples ETF
VDC
$7.99B
| $241K | ﹤0.01% |
+1,243
| New | +$236K |
|
|
NVTA
867
DELISTED
Invitae Corporation
NVTA
| $239K | ﹤0.01% |
177,031
-300
| -0.2% | -$591 |
|
868
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $239K | ﹤0.01% |
+4,372
| New | +$237K |
|
869
Talos Energy
TALO
$2.4B
| $238K | ﹤0.01% |
16,068
| – | – |
|
870
Fabrinet
FN
$20.1B
| $238K | ﹤0.01% |
2,000
-4
| -0.2% | -$497 |
|
871
Schwab US Large- Cap ETF
SCHX
$74.5B
| $236K | ﹤0.01% |
14,646
-831
| -5% | -$13.1K |
|
872
WisdomTree US High Dividend Fund
DHS
$1.58B
| $236K | ﹤0.01% |
+2,863
| New | +$244K |
|
873
iShares Biotechnology ETF
IBB
$9.77B
| $235K | ﹤0.01% |
1,823
-5
| -0.3% | -$655 |
|
874
Neogen
NEOG
$2.5B
| $235K | ﹤0.01% |
12,667
-1,460
| -10% | -$27.4K |
|
875
Phillips Edison & Co
PECO
$5.24B
| $234K | ﹤0.01% |
7,161
| – | – |
|
Similar funds
Ken Fisher's Q1 2023 Portfolio in Review
As of Q1 2023, Ken Fisher held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Ken Fisher added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Ken Fisher's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Ken Fisher fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Ken Fisher's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Ken Fisher opened 183 new positions and closed 73 in Q1 2023.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.