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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
Howmet Aerospace
HWM
$114B
| $203K | ﹤0.01% |
1,566
-652
| -29% | -$82.8K |
|
977
Xcel Energy
XEL
$48.6B
| $203K | ﹤0.01% |
+2,866
| New | +$195K |
|
978
Cheniere Energy
CQP
$31.2B
| $203K | ﹤0.01% |
+3,072
| New | +$191K |
|
979
Hartford Financial Services
HIG
$39.3B
| $203K | ﹤0.01% |
+1,638
| New | +$188K |
|
980
First Trust Capital Strength ETF
FTCS
$7.94B
| $202K | ﹤0.01% |
2,248
-1,501
| -40% | -$134K |
|
|
WCN
981
Waste Connections
WCN
$41.7B
| $200K | ﹤0.01% |
+1,026
| New | +$190K |
|
982
SP Funds Dow Jones Global Sukuk ETF
SPSK
$648M
| $199K | ﹤0.01% |
+11,029
| New | +$197K |
|
|
NCZ
983
Virtus Convertible & Income Fund II
NCZ
$301M
| $150K | ﹤0.01% |
+12,968
| New | +$162K |
|
984
Invesco Preferred ETF
PGX
$3.79B
| $141K | ﹤0.01% |
+12,527
| New | +$145K |
|
985
Transocean
RIG
$5.85B
| $131K | ﹤0.01% |
+41,216
| New | +$145K |
|
986
SoFi Technologies
SOFI
$23.6B
| $123K | ﹤0.01% |
+10,540
| New | +$152K |
|
987
Viatris
VTRS
$19.3B
| $120K | ﹤0.01% |
13,826
-2,896
| -17% | -$30.4K |
|
988
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $110K | ﹤0.01% |
+13,840
| New | +$110K |
|
|
LFT
989
Lument Finance Trust
LFT
$36.4M
| $89.9K | ﹤0.01% |
+34,447
| New | +$92.2K |
|
|
SAND
990
DELISTED
Sandstorm Gold
SAND
| $82.5K | ﹤0.01% |
+10,925
| New | +$68.3K |
|
|
CALY
991
Callaway Golf Company
CALY
$3.18B
| $74.2K | ﹤0.01% |
11,267
| – | – |
|
992
Kopin
KOPN
$795M
| $51.6K | ﹤0.01% |
55,360
| – | – |
|
993
Lucid Motors
LCID
$2.73B
| $33.9K | ﹤0.01% |
+1,400
| New | +$37.4K |
|
994
RAVE Restaurant Group
RAVE
$43.8M
| $27.6K | ﹤0.01% |
+10,033
| New | +$26.8K |
|
995
IceCure Medical
ICCM
$10.3M
| $13.3K | ﹤0.01% |
+377
| New | +$14.8K |
|
996
Blink Charging
BLNK
$87.9M
| $12.4K | ﹤0.01% |
13,462
+3,314
| +33% | +$3.83K |
|
997
Senseonics Holdings Inc
SENS
$354M
| $7.22K | ﹤0.01% |
550
+50
| +10% | +$826 |
|
|
VXRT
998
DELISTED
Vaxart
VXRT
| $4.07K | ﹤0.01% |
10,000
-25
| -0.2% | -$16 |
|
999
GEE Group
JOB
$22.6M
| $2.02K | ﹤0.01% |
+10,000
| New | +$2.29K |
|
1000
Alcoa
AA
$13.1B
| – | – |
-702,651
| Closed | -$26.5M |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.