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 | |
|---|---|---|---|---|---|---|
901
DuPont de Nemours
DD
$19.5B
| $288K | ﹤0.01% |
+2,948
| New | +$278K |
|
902
Northern Trust
NTRS
$33.8B
| $287K | ﹤0.01% |
2,128
+256
| +14% | +$32.9K |
|
903
Rollins
ROL
$18B
| $283K | ﹤0.01% |
4,824
-401
| -8% | -$22.8K |
|
904
Welltower
WELL
$170B
| $283K | ﹤0.01% |
+1,587
| New | +$261K |
|
905
Equinix
EQIX
$104B
| $281K | ﹤0.01% |
358
+20
| +6% | +$15.6K |
|
906
Carlyle Secured Lending
CGBD
$764M
| $281K | ﹤0.01% |
22,461
| – | – |
|
907
Aecom
ACM
$9.77B
| $279K | ﹤0.01% |
+2,135
| New | +$258K |
|
908
Applovin
APP
$115B
| $275K | ﹤0.01% |
+381
| New | +$176K |
|
909
Hershey
HSY
$36.7B
| $271K | ﹤0.01% |
1,450
-316
| -18% | -$57.4K |
|
910
EQT Corp
EQT
$32.4B
| $270K | ﹤0.01% |
4,958
-330
| -6% | -$17.4K |
|
911
Teleflex
TFX
$6.02B
| $269K | ﹤0.01% |
2,200
-22
| -1% | -$2.67K |
|
|
NSA
912
DELISTED
National Storage Affiliates Trust
NSA
| $268K | ﹤0.01% |
8,878
-3
| -0% | -$94 |
|
913
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.67B
| $264K | ﹤0.01% |
2,922
| – | – |
|
914
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.23B
| $264K | ﹤0.01% |
1,479
+252
| +21% | +$44.3K |
|
915
Dominion Energy
D
$59.3B
| $263K | ﹤0.01% |
+4,301
| New | +$256K |
|
916
Fortinet
FTNT
$117B
| $260K | ﹤0.01% |
3,091
-224
| -7% | -$20K |
|
917
VanEck Oil Services ETF
OIH
$1.95B
| $260K | ﹤0.01% |
1,000
-14
| -1% | -$3.48K |
|
918
iShares Gold Trust
IAU
$67.4B
| $259K | ﹤0.01% |
3,557
-6,530
| -65% | -$426K |
|
919
KKR & Co
KKR
$92.1B
| $259K | ﹤0.01% |
1,990
-142
| -7% | -$20.2K |
|
920
iShares MSCI EAFE Growth ETF
EFG
$17.2B
| $258K | ﹤0.01% |
2,268
-2,154
| -49% | -$240K |
|
921
iShares MSCI South Korea ETF
EWY
$23.9B
| $258K | ﹤0.01% |
3,218
-165
| -5% | -$12.3K |
|
922
Schwab US Broad Market ETF
SCHB
$44.8B
| $257K | ﹤0.01% |
9,978
-13,988
| -58% | -$346K |
|
923
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $256K | ﹤0.01% |
872
-508
| -37% | -$147K |
|
924
Vanguard Extended Market ETF
VXF
$31.6B
| $256K | ﹤0.01% |
1,221
-1,225
| -50% | -$248K |
|
925
Hilton Worldwide
HLT
$71.9B
| $255K | ﹤0.01% |
+981
| New | +$265K |
|
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.