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 Expanded Tech-Software Sector ETF
IGV
|
+$1.39B |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$1.07B |
| 3 |
Walmart Inc
WMT
|
+$1B |
| 4 |
Blackrock
BLK
|
+$996M |
| 5 |
Starbucks
SBUX
|
+$813M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.12B |
| 2 |
Visa
V
|
+$1.06B |
| 3 |
Apple
AAPL
|
+$1.02B |
| 4 |
Alibaba
BABA
|
+$983M |
| 5 |
Costco
COST
|
+$931M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Financials | 11.9% |
| 3 | Healthcare | 9.86% |
| 4 | Consumer Discretionary | 9.75% |
| 5 | Communication Services | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
AstraZeneca
AZN
$250B
| $490M | 0.37% |
4,471,461
-6,222,405
| -58% | -$789M |
|
77
Walt Disney
DIS
$177B
| $485M | 0.36% |
5,141,439
+4,650,159
| +947% | +$498M |
|
78
American Tower
AMT
$78.3B
| $462M | 0.35% |
2,153,114
+34,152
| +2% | +$8.77M |
|
79
BP
BP
$106B
| $457M | 0.34% |
16,021,938
+733,995
| +5% | +$21.8M |
|
80
ServiceNow
NOW
$121B
| $454M | 0.34% |
6,005,440
-1,290,400
| -18% | -$116M |
|
81
ING
ING
$103B
| $438M | 0.33% |
51,552,443
-4,526,382
| -8% | -$42M |
|
82
Applied Materials
AMAT
$424B
| $435M | 0.33% |
5,311,447
+1,316,029
| +33% | +$127M |
|
83
Crown Castle
CCI
$32.3B
| $434M | 0.33% |
3,003,084
+118,108
| +4% | +$20.2M |
|
84
AB InBev
BUD
$168B
| $419M | 0.31% |
9,273,506
+248,858
| +3% | +$12.9M |
|
85
Illinois Tool Works
ITW
$85.5B
| $383M | 0.29% |
2,120,637
+2,117,664
| +71,230% | +$418M |
|
86
Vanguard S&P 500 ETF
VOO
$1.01T
| $381M | 0.29% |
1,160,727
+83,939
| +8% | +$30.7M |
|
87
Zoom
ZM
$29.5B
| $364M | 0.27% |
4,940,357
+227,159
| +5% | +$21.6M |
|
88
GSK
GSK
$103B
| $358M | 0.27% |
12,171,851
-3,482,648
| -22% | -$132M |
|
|
89
Alibaba
BABA
$308B
| $333M | 0.25% |
4,162,268
-10,316,884
| -71% | -$983M |
|
90
Banco Santander
SAN
$209B
| $324M | 0.24% |
139,610,836
-10,516,160
| -7% | -$26.3M |
|
91
Alphabet (Google) Class C
GOOG
$4.4T
| $320M | 0.24% |
3,329,038
-56,622
| -2% | -$6.32M |
|
92
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.13B
| $312M | 0.23% |
7,085,434
+2,859,356
| +68% | +$131M |
|
93
Unilever
UL
$139B
| $306M | 0.23% |
6,194,419
+1,061,903
| +21% | +$55.5M |
|
94
Sony
SONY
$132B
| $304M | 0.23% |
23,717,065
+22,516,875
| +1,876% | +$361M |
|
|
DOCU
95
DocuSign
DOCU
$11B
| $295M | 0.22% |
5,509,930
+292,167
| +6% | +$18.3M |
|
96
Infosys
INFY
$50.5B
| $288M | 0.22% |
16,969,677
+2,504,660
| +17% | +$46.8M |
|
97
JD.com
JD
$43.9B
| $272M | 0.2% |
5,407,162
-2,031,301
| -27% | -$120M |
|
98
HDFC Bank
HDB
$123B
| $272M | 0.2% |
9,296,376
-171,850
| -2% | -$5.28M |
|
99
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $269M | 0.2% |
4,609,649
+4,538,552
| +6,384% | +$275M |
|
100
Vale
VALE
$63.6B
| $267M | 0.2% |
20,046,401
-2,135,750
| -10% | -$28.1M |
|
Similar funds
Ken Fisher's Q3 2022 Portfolio in Review
As of Q3 2022, Ken Fisher held 1,176 positions worth $133B, down 5.6% from $141B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ken Fisher's Q3 2022 filing shows 111 new, 332 increased, 452 reduced and 98 closed positions. Its largest new stake was Charles Schwab: 15,433,332 shares worth $1.11B. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.12B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2022 buy was Charles Schwab: 15,433,332 shares worth $1.11B.
- Ken Fisher added most to iShares Expanded Tech-Software Sector ETF in Q3 2022, an estimated $1.39B increase.
- Ken Fisher's biggest Q3 2022 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.12B.
- Ken Fisher fully exited Atlas Air Worldwide Holdings, Inc. in Q3 2022, selling an estimated $22.2M.
- Ken Fisher's ten largest holdings make up 29% of its $133B portfolio in Q3 2022.
- Ken Fisher opened 111 new positions and closed 98 in Q3 2022.
- Ken Fisher's portfolio value fell 5.6% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q3 2022, filed 8 Nov 2022.