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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Super Micro Computer
SMCI
$20.3B
| $312K | ﹤0.01% |
6,361
-1,953
| -23% | -$75.3K |
|
877
Broadridge
BR
$18.7B
| $311K | ﹤0.01% |
1,280
-568
| -31% | -$135K |
|
878
Chipotle Mexican Grill
CMG
$44.2B
| $311K | ﹤0.01% |
5,534
+358
| +7% | +$18.2K |
|
879
FedEx
FDX
$73.7B
| $310K | ﹤0.01% |
1,361
+112
| +9% | +$24.5K |
|
880
Entergy
ETR
$50.1B
| $309K | ﹤0.01% |
3,723
+347
| +10% | +$28.7K |
|
881
EQT Corp
EQT
$32.3B
| $308K | ﹤0.01% |
5,288
+889
| +20% | +$48K |
|
882
Truist Financial
TFC
$64.7B
| $308K | ﹤0.01% |
7,172
-1,835
| -20% | -$71.8K |
|
883
Carlyle Secured Lending
CGBD
$714M
| $307K | ﹤0.01% |
22,461
+199
| +0.9% | +$2.83K |
|
884
Vanguard Health Care ETF
VHT
$18.3B
| $307K | ﹤0.01% |
1,235
-1,018
| -45% | -$252K |
|
885
Norwood Financial Corp
NWFL
$366M
| $305K | ﹤0.01% |
+11,815
| New | +$296K |
|
886
Fidelity National Information Services
FIS
$22.2B
| $302K | ﹤0.01% |
3,708
-3,323
| -47% | -$259K |
|
887
Brookfield Asset Management
BAM
$83.1B
| $296K | ﹤0.01% |
+5,363
| New | +$288K |
|
888
Rollins
ROL
$18B
| $295K | ﹤0.01% |
+5,225
| New | +$293K |
|
889
iShares Core MSCI International Developed Markets ETF
IDEV
$32.3B
| $294K | ﹤0.01% |
+3,862
| New | +$279K |
|
890
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $293K | ﹤0.01% |
3,015
+12
| +0.4% | +$1.15K |
|
891
Hershey
HSY
$35.9B
| $293K | ﹤0.01% |
1,766
+526
| +42% | +$86.7K |
|
892
iShares Biotechnology ETF
IBB
$9.48B
| $287K | ﹤0.01% |
2,267
-136
| -6% | -$16.7K |
|
893
Keurig Dr Pepper
KDP
$42B
| $285K | ﹤0.01% |
8,619
-129
| -1% | -$4.36K |
|
|
NSA
894
DELISTED
National Storage Affiliates Trust
NSA
| $284K | ﹤0.01% |
8,881
-2,584
| -23% | -$90.2K |
|
895
Dell
DELL
$306B
| $284K | ﹤0.01% |
+2,314
| New | +$237K |
|
896
KKR & Co
KKR
$94B
| $284K | ﹤0.01% |
2,132
+240
| +13% | +$28.1K |
|
897
NXP Semiconductors
NXPI
$58.8B
| $283K | ﹤0.01% |
1,293
+90
| +7% | +$17.6K |
|
898
Helen of Troy
HELE
$692M
| $281K | ﹤0.01% |
9,913
-954
| -9% | -$29.3K |
|
|
DFUS
899
Dimensional US Equity ETF
DFUS
$21.6B
| $280K | ﹤0.01% |
4,180
+709
| +20% | +$43.9K |
|
900
Microchip Technology
MCHP
$42.8B
| $280K | ﹤0.01% |
3,978
-1,737
| -30% | -$95.5K |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.