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 | |
|---|---|---|---|---|---|---|
951
VanEck Bitcoin Trust
HODL
$1.07B
| $216K | ﹤0.01% |
7,088
-4,752
| -40% | -$133K |
|
952
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.23B
| $214K | ﹤0.01% |
1,227
| – | – |
|
953
Exelon
EXC
$47.1B
| $210K | ﹤0.01% |
+4,834
| New | +$215K |
|
954
iShares Core S&P Total US Stock Market ETF
ITOT
$98B
| $210K | ﹤0.01% |
1,552
-1,296
| -46% | -$162K |
|
955
Dow Inc
DOW
$21.2B
| $210K | ﹤0.01% |
7,912
+798
| +11% | +$23.2K |
|
956
iShares MSCI Germany ETF
EWG
$1.61B
| $209K | ﹤0.01% |
+4,939
| New | +$197K |
|
957
Targa Resources
TRGP
$56B
| $209K | ﹤0.01% |
1,199
-432
| -26% | -$72.6K |
|
958
Guggenheim Strategic Opportunities Fund
GOF
$2.23B
| $208K | ﹤0.01% |
+13,964
| New | +$204K |
|
959
Sempra
SRE
$56B
| $207K | ﹤0.01% |
+2,734
| New | +$203K |
|
960
Snowflake
SNOW
$112B
| $206K | ﹤0.01% |
+920
| New | +$166K |
|
961
Jacobs Solutions
J
$17.4B
| $205K | ﹤0.01% |
+1,562
| New | +$193K |
|
962
Fidelity National Financial
FNF
$13.8B
| $204K | ﹤0.01% |
3,633
+260
| +8% | +$15.2K |
|
963
Ingredion
INGR
$6.66B
| $203K | ﹤0.01% |
+1,494
| New | +$202K |
|
964
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $203K | ﹤0.01% |
+8,722
| New | +$200K |
|
|
FITB
965
Fifth Third Bancorp
FITB
$52.8B
| $201K | ﹤0.01% |
+4,894
| New | +$184K |
|
966
AGNC Investment
AGNC
$12.6B
| $191K | ﹤0.01% |
20,817
-19,721
| -49% | -$176K |
|
|
FAX
967
abrdn Asia-Pacific Income Fund
FAX
$597M
| $187K | ﹤0.01% |
+11,757
| New | +$182K |
|
968
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
| $148K | ﹤0.01% |
+13,575
| New | +$147K |
|
969
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $117K | ﹤0.01% |
14,574
+734
| +5% | +$5.69K |
|
970
Nokia
NOK
$54.5B
| $116K | ﹤0.01% |
+22,436
| New | +$116K |
|
971
Vera Bradley
VRA
$99.2M
| $109K | ﹤0.01% |
+49,378
| New | +$102K |
|
972
Kopin
KOPN
$756M
| $101K | ﹤0.01% |
65,875
+10,515
| +19% | +$13.7K |
|
|
CRF
973
Cornerstone Total Return Fund
CRF
$1.17B
| $96.9K | ﹤0.01% |
12,508
-76,472
| -86% | -$543K |
|
974
Viatris
VTRS
$20.7B
| $93.2K | ﹤0.01% |
10,435
-3,391
| -25% | -$28.7K |
|
|
ORC
975
Orchid Island Capital
ORC
$1.28B
| $77.1K | ﹤0.01% |
+11,000
| New | +$76.2K |
|
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.