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 | |
|---|---|---|---|---|---|---|
|
101
Uber
UBER
$145B
| $401M | 0.22% |
9,287,399
-11,516,756
| -55% | -$428M |
|
102
Wynn Resorts
WYNN
$10.1B
| $401M | 0.22% |
3,794,202
+254,042
| +7% | +$27.2M |
|
|
103
PayPal
PYPL
$49.2B
| $393M | 0.22% |
5,886,982
-8,125,417
| -58% | -$554M |
|
104
Ingersoll Rand
IR
$33.9B
| $388M | 0.21% |
5,942,737
+775,961
| +15% | +$45.9M |
|
105
iShares National Muni Bond ETF
MUB
$45.2B
| $386M | 0.21% |
3,619,798
+242,512
| +7% | +$25.9M |
|
|
106
SLB Ltd
SLB
$73.3B
| $380M | 0.21% |
7,738,383
-11,796,221
| -60% | -$562M |
|
107
Vanguard Information Technology ETF
VGT
$141B
| $366M | 0.2% |
6,621,592
-127,360
| -2% | -$6.4M |
|
108
Alphabet (Google) Class C
GOOG
$4.59T
| $342M | 0.19% |
2,830,187
-15,623
| -0.5% | -$1.81M |
|
109
Alibaba
BABA
$308B
| $321M | 0.18% |
3,851,763
-10,816
| -0.3% | -$947K |
|
110
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $301M | 0.17% |
2,806,071
-64,925
| -2% | -$6.54M |
|
111
HDFC Bank
HDB
$123B
| $297M | 0.16% |
8,529,386
-13,430
| -0.2% | -$453K |
|
112
Medtronic
MDT
$110B
| $287M | 0.16% |
3,262,509
-158,101
| -5% | -$13.6M |
|
|
113
Target
TGT
$67.8B
| $272M | 0.15% |
2,063,549
-3,206,529
| -61% | -$476M |
|
114
Honda
HMC
$38.5B
| $272M | 0.15% |
8,979,934
+123,013
| +1% | +$3.47M |
|
115
Dover
DOV
$27.6B
| $267M | 0.15% |
1,809,763
+269,368
| +17% | +$38.5M |
|
116
3M
MMM
$91.1B
| $266M | 0.15% |
3,184,228
-4,728,061
| -60% | -$402M |
|
117
iShares Global Healthcare ETF
IXJ
$4.07B
| $260M | 0.14% |
3,062,686
+68,173
| +2% | +$5.81M |
|
118
Mercado Libre
MELI
$95.9B
| $256M | 0.14% |
216,464
-311
| -0.1% | -$391K |
|
119
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $255M | 0.14% |
3,915,993
-47,207
| -1% | -$2.88M |
|
120
Infosys
INFY
$49.9B
| $254M | 0.14% |
15,802,620
+104,063
| +0.7% | +$1.63M |
|
121
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.5B
| $251M | 0.14% |
4,284,333
-62,145
| -1% | -$3.71M |
|
122
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $243M | 0.13% |
1,489,745
-20,855
| -1% | -$3.13M |
|
123
Vale
VALE
$61.9B
| $243M | 0.13% |
18,080,424
-27,781
| -0.2% | -$393K |
|
124
Petrobras
PBR
$123B
| $242M | 0.13% |
17,513,156
-59,455
| -0.3% | -$723K |
|
125
Southern Copper
SCCO
$145B
| $239M | 0.13% |
3,588,585
+10,058
| +0.3% | +$686K |
|
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.