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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
NextEra Energy
NEE
$180B
| $717M | 0.4% |
9,660,564
+146,499
| +2% | +$11.1M |
|
|
77
ExxonMobil
XOM
$641B
| $711M | 0.39% |
6,630,581
+5,312,432
| +403% | +$580M |
|
78
Sanofi
SNY
$103B
| $698M | 0.39% |
12,955,969
-394,643
| -3% | -$21.2M |
|
79
Illinois Tool Works
ITW
$82.9B
| $659M | 0.36% |
2,635,255
+257,959
| +11% | +$60.4M |
|
80
AstraZeneca
AZN
$240B
| $639M | 0.35% |
4,465,596
+90,563
| +2% | +$13.3M |
|
81
Carrier Global
CARR
$51.9B
| $624M | 0.34% |
12,549,566
+1,054,884
| +9% | +$46.4M |
|
82
BP
BP
$114B
| $622M | 0.34% |
17,632,788
+652,501
| +4% | +$24.1M |
|
83
Applied Materials
AMAT
$406B
| $618M | 0.34% |
4,278,079
+112,860
| +3% | +$14.1M |
|
84
Walt Disney
DIS
$170B
| $580M | 0.32% |
6,495,586
+690,734
| +12% | +$65.4M |
|
85
Cummins
CMI
$89.5B
| $579M | 0.32% |
2,360,889
+114,424
| +5% | +$25.9M |
|
86
Banco Santander
SAN
$205B
| $573M | 0.32% |
154,508,143
+5,295,041
| +4% | +$18.7M |
|
87
Vanguard S&P 500 ETF
VOO
$989B
| $567M | 0.31% |
1,391,186
+57,998
| +4% | +$22.4M |
|
88
VanEck Semiconductor ETF
SMH
$68.1B
| $565M | 0.31% |
3,711,774
+105,722
| +3% | +$14.3M |
|
89
AB InBev
BUD
$166B
| $555M | 0.31% |
9,791,463
+145,739
| +2% | +$8.82M |
|
90
Las Vegas Sands
LVS
$30.2B
| $555M | 0.31% |
9,565,133
+330,628
| +4% | +$19.6M |
|
91
Crown Castle
CCI
$34B
| $544M | 0.3% |
4,773,166
+108,193
| +2% | +$12.9M |
|
92
Sony
SONY
$133B
| $504M | 0.28% |
27,968,865
+1,484,850
| +6% | +$27.9M |
|
93
GSK
GSK
$103B
| $493M | 0.27% |
13,821,830
+547,165
| +4% | +$19.6M |
|
94
Unilever
UL
$137B
| $482M | 0.27% |
8,219,542
+707,279
| +9% | +$42M |
|
95
Deere & Co
DE
$166B
| $444M | 0.25% |
1,096,332
+128,793
| +13% | +$49.3M |
|
96
Trane Technologies
TT
$101B
| $434M | 0.24% |
2,267,133
+282,372
| +14% | +$50.1M |
|
|
HES
97
DELISTED
Hess
HES
| $429M | 0.24% |
3,157,274
-1,652,656
| -34% | -$226M |
|
98
iShares Global Tech ETF
IXN
$8.36B
| $408M | 0.23% |
6,564,656
+404,029
| +7% | +$22.9M |
|
99
Banco Bilbao Vizcaya Argentaria
BBVA
$156B
| $408M | 0.23% |
53,069,253
-572,240
| -1% | -$4.09M |
|
100
PACCAR
PCAR
$70.1B
| $406M | 0.22% |
4,847,614
+98,732
| +2% | +$7.3M |
|
Similar funds
Ken Fisher's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Fisher held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Ken Fisher added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Ken Fisher's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Ken Fisher fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Ken Fisher's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Ken Fisher opened 109 new positions and closed 81 in Q2 2023.
- Ken Fisher's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.