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 |
GE Vernova
GEV
|
+$3.63B |
| 2 |
GE Aerospace
GE
|
+$3.62B |
| 3 |
Cisco
CSCO
|
+$1.68B |
| 4 |
UnitedHealth
UNH
|
+$1.42B |
| 5 |
Merck
MRK
|
+$1.41B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$1.97B |
| 2 |
ConocoPhillips
COP
|
+$1.69B |
| 3 |
ING
ING
|
+$1.3B |
| 4 |
Chevron
CVX
|
+$973M |
| 5 |
Johnson Controls International
JCI
|
+$954M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.63% |
| 2 | Financials | 16.68% |
| 3 | Industrials | 13.38% |
| 4 | Miscellaneous | 10.91% |
| 5 | Healthcare | 10.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Sanofi
SNY
$102B
| $453M | 0.14% |
10,627,088
-815,075
| -7% | -$36.4M |
|
102
Vanguard FTSE Europe ETF
VGK
$30.5B
| $453M | 0.14% |
5,119,205
+101,751
| +2% | +$8.91M |
|
|
PBOG
103
Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF
PBOG
$481M
| $448M | 0.13% |
15,253,645
-3,813,186
| -20% | -$124M |
|
104
iShares Global Tech ETF
IXN
$9.67B
| $433M | 0.13% |
2,999,200
-78,724
| -3% | -$10.2M |
|
|
NVO
105
Novo Nordisk
NVO
$190B
| $399M | 0.12% |
8,324,948
-696,155
| -8% | -$29.9M |
|
106
Invesco KBW Bank ETF
KBWB
$6.86B
| $386M | 0.11% |
4,149,096
+284,302
| +7% | +$24.9M |
|
107
Norfolk Southern
NSC
$71.9B
| $378M | 0.11% |
1,200,449
+45,035
| +4% | +$13.9M |
|
108
Dover
DOV
$25.5B
| $356M | 0.11% |
1,585,757
-9,163
| -0.6% | -$2M |
|
109
Advanced Micro Devices
AMD
$843B
| $343M | 0.1% |
590,783
-24,330
| -4% | -$9.98M |
|
110
Vale
VALE
$64.8B
| $341M | 0.1% |
22,697,641
+177,966
| +0.8% | +$2.9M |
|
111
Canadian Imperial Bank of Commerce
CM
$104B
| $323M | 0.1% |
2,810,100
+267,450
| +11% | +$29.3M |
|
112
Applied Materials
AMAT
$362B
| $318M | 0.09% |
440,384
+18,329
| +4% | +$8.46M |
|
113
Canadian Pacific Kansas City
CP
$78.4B
| $308M | 0.09% |
3,559,491
-2,643,357
| -43% | -$226M |
|
114
HDFC Bank
HDB
$120B
| $301M | 0.09% |
11,669,910
-559,368
| -5% | -$14M |
|
115
iShares MSCI Japan ETF
EWJ
$23.7B
| $297M | 0.09% |
3,179,506
+498,318
| +19% | +$45.2M |
|
116
Banco Bilbao Vizcaya Argentaria
BBVA
$163B
| $290M | 0.09% |
11,565,268
-18,149,841
| -61% | -$414M |
|
117
US Bancorp
USB
$97.9B
| $285M | 0.08% |
4,710,288
-167,916
| -3% | -$9.41M |
|
118
iShares US Pharmaceuticals ETF
IHE
$1.62B
| $271M | 0.08% |
2,732,837
-34,522
| -1% | -$3.11M |
|
119
MYR Group
MYRG
$4.53B
| $237M | 0.07% |
474,309
-46,837
| -9% | -$19.2M |
|
120
iShare MSCI Eurozone ETF
EZU
$9.79B
| $232M | 0.07% |
3,335,012
-78,706
| -2% | -$5.31M |
|
121
Itaú Unibanco
ITUB
$91.8B
| $226M | 0.07% |
27,631,620
-983,104
| -3% | -$8.15M |
|
122
Franklin FTSE Japan ETF
FLJP
$4.22B
| $219M | 0.07% |
5,504,027
+1,395,909
| +34% | +$54.2M |
|
123
iShares US Financials ETF
IYF
$4.3B
| $214M | 0.06% |
1,675,570
-42,025
| -2% | -$5.22M |
|
124
Honda
HMC
$42.2B
| $212M | 0.06% |
7,820,515
-2,272,950
| -23% | -$57.8M |
|
125
Powell Industries
POWL
$6.65B
| $210M | 0.06% |
731,619
-39,126
| -5% | -$10.6M |
|
Similar funds
Ken Fisher's Q2 2026 Portfolio in Review
As of Q2 2026, Ken Fisher held 1,138 positions worth $336B, up 14% from $295B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ken Fisher's Q2 2026 filing shows 122 new, 384 increased, 501 reduced and 101 closed positions. Its largest new stake was Honeywell Aerospace: 74,226 shares worth $16.4M. The largest sale was Canadian Natural Resources, an estimated $1.97B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 23% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2026 buy was Honeywell Aerospace: 74,226 shares worth $16.4M.
- Ken Fisher added most to GE Vernova in Q2 2026, an estimated $3.63B increase.
- Ken Fisher's biggest Q2 2026 reduction was Canadian Natural Resources, cutting an estimated $1.97B.
- Ken Fisher fully exited Arcosa in Q2 2026, selling an estimated $11.1M.
- Ken Fisher's ten largest holdings make up 36% of its $336B portfolio in Q2 2026.
- Ken Fisher opened 122 new positions and closed 101 in Q2 2026.
- Ken Fisher's portfolio value rose 14% quarter-over-quarter to $336B.
Based on Fisher Asset Management's 13F filing for Q2 2026, filed 4 Aug 2026.