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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
SLB Ltd
SLB
$75.4B
| $514M | 0.29% |
17,168,156
+1,038,016
| +6% | +$32.7M |
|
77
Verizon
VZ
$195B
| $508M | 0.28% |
9,778,922
+9,727,977
| +19,095% | +$508M |
|
|
BBL
78
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $502M | 0.28% |
8,398,187
+398,634
| +5% | +$21.7M |
|
79
AB InBev
BUD
$167B
| $502M | 0.28% |
8,289,006
+92,839
| +1% | +$5.4M |
|
80
Broadcom
AVGO
$1.99T
| $501M | 0.28% |
7,522,890
+7,489,030
| +22,118% | +$421M |
|
81
Alphabet (Google) Class C
GOOG
$4.59T
| $500M | 0.28% |
3,454,220
-17,840
| -0.5% | -$2.58M |
|
82
BHP
BHP
$222B
| $471M | 0.26% |
8,746,294
-627,610
| -7% | -$31.4M |
|
|
DOCU
83
DocuSign
DOCU
$11B
| $465M | 0.26% |
+3,052,026
| New | +$696M |
|
84
ConocoPhillips
COP
$144B
| $447M | 0.25% |
6,193,979
+239,270
| +4% | +$17.4M |
|
85
Vale
VALE
$63.1B
| $434M | 0.24% |
30,978,681
-3,885,489
| -11% | -$51.6M |
|
86
Banco Santander
SAN
$207B
| $427M | 0.24% |
129,760,624
+5,545,821
| +4% | +$19.5M |
|
87
iShares MSCI Europe Financials ETF
EUFN
$4.27B
| $420M | 0.24% |
20,952,197
+142,134
| +0.7% | +$2.88M |
|
88
Zoom
ZM
$29.9B
| $418M | 0.23% |
+2,273,544
| New | +$535M |
|
89
Vanguard S&P 500 ETF
VOO
$1.01T
| $415M | 0.23% |
949,784
+27,405
| +3% | +$11.6M |
|
|
SIVB
90
DELISTED
SVB Financial Group
SIVB
| $404M | 0.23% |
595,771
-45,820
| -7% | -$32.3M |
|
91
Infosys
INFY
$51B
| $397M | 0.22% |
15,678,433
-371,367
| -2% | -$8.63M |
|
92
Mercado Libre
MELI
$95.7B
| $385M | 0.22% |
285,590
+66,017
| +30% | +$92.7M |
|
93
Petrobras
PBR
$121B
| $385M | 0.22% |
35,064,040
-8,727,718
| -20% | -$92.1M |
|
94
Alcoa
AA
$12.4B
| $379M | 0.21% |
6,353,580
-78,480
| -1% | -$3.93M |
|
95
Starbucks
SBUX
$120B
| $378M | 0.21% |
3,228,342
-5,110,833
| -61% | -$576M |
|
96
BP
BP
$109B
| $367M | 0.21% |
13,786,877
+1,151,634
| +9% | +$31.9M |
|
97
Align Technology
ALGN
$12.4B
| $354M | 0.2% |
538,065
+104,617
| +24% | +$67.3M |
|
98
HDFC Bank
HDB
$123B
| $327M | 0.18% |
10,062,148
-97,406
| -1% | -$3.41M |
|
99
Synaptics
SYNA
$4.16B
| $311M | 0.17% |
1,074,745
-15,141
| -1% | -$3.62M |
|
100
Globant
GLOB
$1.65B
| $303M | 0.17% |
964,509
-1,483
| -0.2% | -$439K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.