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 | |
|---|---|---|---|---|---|---|
876
Williams Companies
WMB
$86.6B
| $320K | ﹤0.01% |
5,047
-45
| -0.9% | -$2.64K |
|
877
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $320K | ﹤0.01% |
+2,289
| New | +$313K |
|
878
iShares MSCI USA Min Vol Factor ETF
USMV
$24.2B
| $319K | ﹤0.01% |
3,351
-477
| -12% | -$44.7K |
|
879
iShares Core S&P US Growth ETF
IUSG
$33.6B
| $318K | ﹤0.01% |
+1,933
| New | +$304K |
|
880
iShares Biotechnology ETF
IBB
$9.67B
| $318K | ﹤0.01% |
2,200
-67
| -3% | -$9.14K |
|
881
Prudential Financial
PRU
$41.9B
| $317K | ﹤0.01% |
3,051
-144
| -5% | -$15.2K |
|
882
Comfort Systems
FIX
$59.3B
| $316K | ﹤0.01% |
+383
| New | +$260K |
|
883
Cardinal Health
CAH
$55.8B
| $315K | ﹤0.01% |
+2,007
| New | +$310K |
|
884
Masco
MAS
$15.1B
| $314K | ﹤0.01% |
+4,464
| New | +$314K |
|
885
NXP Semiconductors
NXPI
$59.7B
| $311K | ﹤0.01% |
1,366
+73
| +6% | +$16.4K |
|
886
Franklin FTSE Japan ETF
FLJP
$4.07B
| $310K | ﹤0.01% |
+8,970
| New | +$299K |
|
887
Vulcan Materials
VMC
$37.1B
| $309K | ﹤0.01% |
1,004
-11
| -1% | -$3.12K |
|
888
Kinder Morgan
KMI
$68.8B
| $308K | ﹤0.01% |
10,863
+2,999
| +38% | +$82.1K |
|
889
BNY Mellon Core Bond ETF
BKAG
$2.23B
| $307K | ﹤0.01% |
+7,202
| New | +$304K |
|
890
Sutro Biopharma
STRO
$413M
| $307K | ﹤0.01% |
35,295
| – | – |
|
891
Delta Air Lines
DAL
$60.1B
| $305K | ﹤0.01% |
5,378
+250
| +5% | +$14.3K |
|
892
Live Nation Entertainment
LYV
$42.8B
| $301K | ﹤0.01% |
1,841
+174
| +10% | +$27.5K |
|
893
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.25B
| $301K | ﹤0.01% |
+17,670
| New | +$297K |
|
|
PR
894
Permian Resources
PR
$16.7B
| $299K | ﹤0.01% |
23,337
-333
| -1% | -$4.57K |
|
895
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $292K | ﹤0.01% |
629
-558
| -47% | -$251K |
|
896
Fidelity Enhanced Large Cap Core ETF
FELC
$8.25B
| $291K | ﹤0.01% |
+7,817
| New | +$279K |
|
897
Seagate
STX
$175B
| $290K | ﹤0.01% |
+1,227
| New | +$209K |
|
898
Sempra
SRE
$55.4B
| $289K | ﹤0.01% |
3,209
+475
| +17% | +$38.5K |
|
899
Arthur J. Gallagher & Co
AJG
$63.8B
| $289K | ﹤0.01% |
+931
| New | +$281K |
|
900
American International
AIG
$41.5B
| $288K | ﹤0.01% |
3,672
-207
| -5% | -$16.5K |
|
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.