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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$558M |
| 2 |
Apple
AAPL
|
+$265M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
Amazon
AMZN
|
+$197M |
| 5 |
Visa
V
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COHR
Coherent Inc
COHR
|
+$86.3M |
| 2 |
TSMC
TSM
|
+$77.2M |
| 3 |
iShares MBS ETF
MBB
|
+$44.5M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$43.8M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.97% |
| 2 | Financials | 12.67% |
| 3 | Consumer Discretionary | 11.32% |
| 4 | Healthcare | 10.27% |
| 5 | Communication Services | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
iShares National Muni Bond ETF
MUB
$45.1B
| $475M | 0.3% |
4,057,145
+384,026
| +10% | +$44.9M |
|
77
Pinduoduo
PDD
$126B
| $464M | 0.29% |
3,650,373
-124,673
| -3% | -$16.2M |
|
78
Banco Santander
SAN
$201B
| $463M | 0.29% |
118,540,234
+6,397,198
| +6% | +$24.8M |
|
79
Crown Castle
CCI
$33.3B
| $455M | 0.29% |
2,330,392
+93,174
| +4% | +$17.4M |
|
|
BBL
80
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $453M | 0.28% |
7,589,570
+442,631
| +6% | +$27.1M |
|
81
Alphabet (Google) Class C
GOOG
$4.36T
| $444M | 0.28% |
3,540,920
-74,320
| -2% | -$8.86M |
|
82
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $402M | 0.25% |
20,581,069
+117,906
| +0.6% | +$2.39M |
|
83
HDFC Bank
HDB
$123B
| $391M | 0.25% |
10,698,892
-290,172
| -3% | -$10.6M |
|
|
XYZ
84
Block Inc
XYZ
$48.4B
| $366M | 0.23% |
1,502,742
+54,205
| +4% | +$12.6M |
|
85
Infosys
INFY
$48.7B
| $363M | 0.23% |
17,126,385
-841,465
| -5% | -$16.1M |
|
|
SIVB
86
DELISTED
SVB Financial Group
SIVB
| $359M | 0.23% |
644,305
-24,485
| -4% | -$13.6M |
|
|
NBIS
87
Nebius Group N.V.
NBIS
$48.3B
| $356M | 0.22% |
5,033,537
-202,777
| -4% | -$13.3M |
|
88
Vanguard S&P 500 ETF
VOO
$979B
| $353M | 0.22% |
895,830
+41,473
| +5% | +$15.9M |
|
89
Mercado Libre
MELI
$95.2B
| $346M | 0.22% |
222,215
-3,353
| -1% | -$4.92M |
|
90
ConocoPhillips
COP
$147B
| $340M | 0.21% |
5,590,892
+254,436
| +5% | +$14.2M |
|
91
Applied Materials
AMAT
$403B
| $330M | 0.21% |
2,318,559
+162,171
| +8% | +$21.8M |
|
92
Trip.com Group
TCOM
$29.6B
| $329M | 0.21% |
9,286,399
-291,147
| -3% | -$11.1M |
|
93
BP
BP
$116B
| $317M | 0.2% |
12,015,908
+545,563
| +5% | +$14.3M |
|
|
HES
94
DELISTED
Hess
HES
| $308M | 0.19% |
3,530,383
+204,647
| +6% | +$16.5M |
|
95
Medtronic
MDT
$109B
| $283M | 0.18% |
2,283,425
+163,838
| +8% | +$20.6M |
|
96
Cleveland-Cliffs
CLF
$6.57B
| $276M | 0.17% |
12,796,812
-271,821
| -2% | -$5.36M |
|
97
Align Technology
ALGN
$12.1B
| $264M | 0.17% |
432,456
+18,392
| +4% | +$10.9M |
|
98
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| $264M | 0.17% |
42,493,473
+2,139,272
| +5% | +$12.7M |
|
99
Southern Copper
SCCO
$143B
| $245M | 0.15% |
4,115,606
-186,787
| -4% | -$12.1M |
|
100
Honda
HMC
$39.1B
| $243M | 0.15% |
7,546,955
+376,125
| +5% | +$11.7M |
|
Similar funds
Ken Fisher's Q2 2021 Portfolio in Review
As of Q2 2021, Ken Fisher held 1,100 positions worth $159B, up 12% from $142B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q2 2021, opening 101 new positions and adding to 388 existing holdings. Its largest new stake was Organon & Co: 967,460 shares worth $29.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was TSMC, an estimated $77.2M trimmed.
- Ken Fisher's largest Q2 2021 buy was Organon & Co: 967,460 shares worth $29.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2021, an estimated $558M increase.
- Ken Fisher's biggest Q2 2021 reduction was TSMC, cutting an estimated $77.2M.
- Ken Fisher fully exited Coherent Inc in Q2 2021, selling an estimated $86.3M.
- Ken Fisher's ten largest holdings make up 32% of its $159B portfolio in Q2 2021.
- Ken Fisher opened 101 new positions and closed 90 in Q2 2021.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $159B.
Based on Fisher Asset Management's 13F filing for Q2 2021, filed 27 Jul 2021.