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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
iShares Future Exponential Technologies ETF
XT
$3.95B
| $205K | ﹤0.01% |
3,426
-777
| -18% | -$41.9K |
|
952
Applied Finance Valuation Large Cap ETF
VSLU
$567M
| $205K | ﹤0.01% |
+6,894
| New | +$192K |
|
953
Vanguard Extended Market ETF
VXF
$31.7B
| $204K | ﹤0.01% |
1,241
-1,284
| -51% | -$189K |
|
954
J.M. Smucker
SJM
$12.9B
| $203K | ﹤0.01% |
+1,610
| New | +$187K |
|
955
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
| $203K | ﹤0.01% |
2,123
-1,568
| -42% | -$127K |
|
956
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.17B
| $202K | ﹤0.01% |
+7,499
| New | +$186K |
|
957
iShares Silver Trust
SLV
$30.7B
| $200K | ﹤0.01% |
+9,189
| New | +$196K |
|
958
Hercules Capital
HTGC
$3.25B
| $198K | ﹤0.01% |
+11,890
| New | +$188K |
|
959
BlackRock MuniYield Quality Fund III
MYI
$721M
| $191K | ﹤0.01% |
+16,426
| New | +$170K |
|
960
Invesco Preferred ETF
PGX
$3.79B
| $191K | ﹤0.01% |
+16,630
| New | +$182K |
|
961
FNB Corp
FNB
$6.76B
| $187K | ﹤0.01% |
13,568
-9,790
| -42% | -$116K |
|
962
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.7B
| $184K | ﹤0.01% |
+15,578
| New | +$169K |
|
963
Energy Transfer Partners
ET
$69.6B
| $179K | ﹤0.01% |
12,945
-5,389
| -29% | -$73.2K |
|
964
Transocean
RIG
$5.85B
| $176K | ﹤0.01% |
27,714
+2,743
| +11% | +$18.4K |
|
965
Plains All American Pipeline
PAA
$16.2B
| $165K | ﹤0.01% |
+10,919
| New | +$167K |
|
966
CION Investment
CION
$379M
| $143K | ﹤0.01% |
12,646
| – | – |
|
967
First Trust STOXX European Select Dividend Income Fund
FDD
$908M
| $134K | ﹤0.01% |
11,114
-6,546
| -37% | -$73K |
|
968
DNP Select Income Fund
DNP
$4.08B
| $124K | ﹤0.01% |
14,616
+4,189
| +40% | +$37.8K |
|
969
AGNC Investment
AGNC
$12.9B
| $123K | ﹤0.01% |
+12,549
| New | +$110K |
|
970
Applied Digital
APLD
$8.36B
| $108K | ﹤0.01% |
16,000
| – | – |
|
971
Nordic American Tanker
NAT
$1.36B
| $86.1K | ﹤0.01% |
+20,489
| New | +$87.2K |
|
972
Cemex
CX
$16.3B
| $84.7K | ﹤0.01% |
10,923
+10,590
| +3,180% | +$72K |
|
973
SiriusXM
SIRI
$10B
| $76.8K | ﹤0.01% |
1,405
-67
| -5% | -$3.22K |
|
974
Lloyds Banking Group
LYG
$91.3B
| $30.3K | ﹤0.01% |
12,690
-6,629
| -34% | -$14.2K |
|
975
Precigen
PGEN
$2.57B
| $29.2K | ﹤0.01% |
+21,800
| New | +$25.6K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.