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
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
T-Mobile US
TMUS
$190B
| $347K | ﹤0.01% |
1,451
-231
| -14% | -$55.9K |
|
852
iShares Russell Mid-Cap ETF
IWR
$57.3B
| $347K | ﹤0.01% |
+3,598
| New | +$341K |
|
853
Leidos
LDOS
$17.2B
| $347K | ﹤0.01% |
1,837
+174
| +10% | +$30.3K |
|
854
iShares MSCI EAFE Value ETF
EFV
$29.4B
| $346K | ﹤0.01% |
5,094
-4,855
| -49% | -$320K |
|
855
Vanguard Consumer Staples ETF
VDC
$7.97B
| $344K | ﹤0.01% |
1,608
-126
| -7% | -$27.6K |
|
856
GE HealthCare
GEHC
$32B
| $342K | ﹤0.01% |
4,554
+4
| +0.1% | +$298 |
|
|
XYZ
857
Block Inc
XYZ
$47B
| $342K | ﹤0.01% |
4,728
-1,290
| -21% | -$96.6K |
|
858
Revolution Medicines
RVMD
$42.5B
| $341K | ﹤0.01% |
+7,305
| New | +$286K |
|
859
Bank of Hawaii
BOH
$3.13B
| $340K | ﹤0.01% |
5,184
-97
| -2% | -$6.47K |
|
860
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $338K | ﹤0.01% |
3,687
-1,177
| -24% | -$108K |
|
861
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.8B
| $335K | ﹤0.01% |
+2,350
| New | +$325K |
|
862
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $334K | ﹤0.01% |
4,237
+1,419
| +50% | +$112K |
|
863
Microchip Technology
MCHP
$45.9B
| $333K | ﹤0.01% |
5,189
+1,211
| +30% | +$82.1K |
|
864
Paychex
PAYX
$42.7B
| $331K | ﹤0.01% |
2,611
-183
| -7% | -$25.4K |
|
865
CME Group
CME
$95.7B
| $331K | ﹤0.01% |
1,222
+246
| +25% | +$66.9K |
|
|
WCN
866
Waste Connections
WCN
$42.3B
| $327K | ﹤0.01% |
1,862
+126
| +7% | +$22.9K |
|
867
Quanta Services
PWR
$101B
| $327K | ﹤0.01% |
789
+200
| +34% | +$77.7K |
|
868
Super Micro Computer
SMCI
$19.7B
| $327K | ﹤0.01% |
6,817
+456
| +7% | +$21.8K |
|
869
Main Street Capital
MAIN
$5.49B
| $326K | ﹤0.01% |
5,122
+1,175
| +30% | +$75.9K |
|
|
CTRA
870
DELISTED
Coterra Energy
CTRA
| $325K | ﹤0.01% |
13,758
-1,854
| -12% | -$44.7K |
|
871
Anika Therapeutics
ANIK
$277M
| $324K | ﹤0.01% |
34,494
| – | – |
|
872
iShares California Muni Bond ETF
CMF
$4.62B
| $324K | ﹤0.01% |
5,680
+64
| +1% | +$3.58K |
|
|
MRSH
873
Marsh
MRSH
$91.4B
| $322K | ﹤0.01% |
1,597
-121
| -7% | -$24.9K |
|
874
Xcel Energy
XEL
$48.7B
| $321K | ﹤0.01% |
+3,983
| New | +$288K |
|
875
Vanguard Russell 1000 Growth ETF
VONG
$44.9B
| $321K | ﹤0.01% |
2,660
-2,874
| -52% | -$329K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.