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 | |
|---|---|---|---|---|---|---|
876
eBay
EBAY
$48.9B
| $265K | ﹤0.01% |
6,004
-2,238
| -27% | -$99.8K |
|
877
Humana
HUM
$44.1B
| $265K | ﹤0.01% |
543
+66
| +14% | +$31K |
|
878
Talos Energy
TALO
$2.35B
| $264K | ﹤0.01% |
16,068
| – | – |
|
879
Hershey
HSY
$36.8B
| $263K | ﹤0.01% |
1,316
-184
| -12% | -$41.2K |
|
880
Motorola Solutions
MSI
$78.5B
| $263K | ﹤0.01% |
967
-139
| -13% | -$39.6K |
|
881
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.6B
| $262K | ﹤0.01% |
+7,806
| New | +$270K |
|
882
Cardinal Health
CAH
$55.7B
| $261K | ﹤0.01% |
+3,010
| New | +$272K |
|
883
Check Point Software Technologies
CHKP
$12.8B
| $261K | ﹤0.01% |
+1,959
| New | +$257K |
|
884
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $260K | ﹤0.01% |
+12,516
| New | +$268K |
|
885
Energy Transfer Partners
ET
$71.2B
| $257K | ﹤0.01% |
18,334
+6,984
| +62% | +$92.6K |
|
886
T-Mobile US
TMUS
$193B
| $255K | ﹤0.01% |
+1,817
| New | +$252K |
|
|
IFX
887
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $254K | ﹤0.01% |
7,647
-2,610
| -25% | -$86.6K |
|
888
Ecolab
ECL
$79.5B
| $253K | ﹤0.01% |
1,492
+143
| +11% | +$26K |
|
889
FNB Corp
FNB
$6.75B
| $252K | ﹤0.01% |
23,358
+10,221
| +78% | +$120K |
|
890
Vanguard Morningstar Large-Cap ETF
VV
$54B
| $252K | ﹤0.01% |
1,286
+53
| +4% | +$10.8K |
|
891
PPG Industries
PPG
$26B
| $251K | ﹤0.01% |
+1,934
| New | +$271K |
|
892
Vanguard Health Care ETF
VHT
$18.4B
| $250K | ﹤0.01% |
1,061
-559
| -35% | -$136K |
|
893
First Trust Capital Strength ETF
FTCS
$7.93B
| $248K | ﹤0.01% |
+3,368
| New | +$255K |
|
894
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.6B
| $247K | ﹤0.01% |
+5,650
| New | +$260K |
|
895
iShares Core Dividend Growth ETF
DGRO
$43.4B
| $247K | ﹤0.01% |
+4,987
| New | +$258K |
|
896
Truist Financial
TFC
$64.2B
| $247K | ﹤0.01% |
8,627
-4,974
| -37% | -$153K |
|
897
Eagle Bancorp
EGBN
$849M
| $247K | ﹤0.01% |
11,493
| – | – |
|
898
Prudential Financial
PRU
$41.9B
| $245K | ﹤0.01% |
2,582
-828
| -24% | -$78.3K |
|
899
Labcorp
LH
$25.7B
| $245K | ﹤0.01% |
1,217
-202
| -14% | -$42.6K |
|
900
Gabelli Dividend & Income Trust
GDV
$2.64B
| $243K | ﹤0.01% |
+12,490
| New | +$261K |
|
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.