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 7-10 Year Treasury Bond ETF
IEF
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $375M | 0.15% |
6,471,976
+74,175
| +1% | +$4.36M |
|
102
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $374M | 0.15% |
3,504,232
-569,883
| -14% | -$62.4M |
|
103
Lennox International
LII
$15B
| $327M | 0.13% |
537,476
+2,305
| +0.4% | +$1.44M |
|
104
American Tower
AMT
$80.6B
| $320M | 0.13% |
1,742,997
+11,427
| +0.7% | +$2.37M |
|
105
Infosys
INFY
$49.6B
| $318M | 0.13% |
14,517,359
+102,341
| +0.7% | +$2.29M |
|
106
Dover
DOV
$27.7B
| $302M | 0.12% |
1,610,209
-13,277
| -0.8% | -$2.6M |
|
107
Pfizer
PFE
$145B
| $296M | 0.12% |
11,148,116
+4,938,209
| +80% | +$134M |
|
108
Honda
HMC
$39.1B
| $289M | 0.12% |
10,138,916
-206,900
| -2% | -$5.85M |
|
109
Parker-Hannifin
PH
$126B
| $283M | 0.11% |
445,633
+13,832
| +3% | +$9.16M |
|
110
Mercado Libre
MELI
$96.3B
| $283M | 0.11% |
166,468
+75
| +0% | +$146K |
|
111
Southern Copper
SCCO
$155B
| $268M | 0.11% |
3,106,961
-40,603
| -1% | -$4.06M |
|
112
Qualcomm
QCOM
$159B
| $254M | 0.1% |
1,651,493
-40,164
| -2% | -$6.58M |
|
113
iShares Global Industrials ETF
EXI
$1.48B
| $253M | 0.1% |
1,790,393
+171,956
| +11% | +$25.4M |
|
|
114
Emerson Electric
EMR
$86.7B
| $252M | 0.1% |
2,035,934
+1,426,718
| +234% | +$173M |
|
115
Itaú Unibanco
ITUB
$93.6B
| $251M | 0.1% |
57,356,090
+40,302
| +0.1% | +$207K |
|
116
HDFC Bank
HDB
$124B
| $250M | 0.1% |
7,822,510
-89,454
| -1% | -$2.86M |
|
117
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $250M | 0.1% |
1,894,862
-97,061
| -5% | -$13.4M |
|
118
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $248M | 0.1% |
4,961,552
-244,431
| -5% | -$12M |
|
119
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $243M | 0.1% |
5,082,056
+113,912
| +2% | +$5.72M |
|
120
US Bancorp
USB
$100B
| $234M | 0.09% |
4,885,816
+398,959
| +9% | +$19.6M |
|
121
Norfolk Southern
NSC
$75.6B
| $229M | 0.09% |
974,264
+10,448
| +1% | +$2.66M |
|
122
iShares US Pharmaceuticals ETF
IHE
$1.62B
| $212M | 0.08% |
3,226,694
-125,550
| -4% | -$8.64M |
|
123
T. Rowe Price
TROW
$24.7B
| $212M | 0.08% |
1,870,446
+8,992
| +0.5% | +$1.04M |
|
124
iShares US Financials ETF
IYF
$4.62B
| $210M | 0.08% |
1,903,513
-83,898
| -4% | -$9.34M |
|
125
Trip.com Group
TCOM
$29.5B
| $206M | 0.08% |
2,995,595
+34,586
| +1% | +$2.29M |
|
Similar funds
Ken Fisher's Q4 2024 Portfolio in Review
As of Q4 2024, Ken Fisher held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Ken Fisher's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Ken Fisher's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Ken Fisher fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Ken Fisher's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Ken Fisher opened 105 new positions and closed 49 in Q4 2024.
- Ken Fisher's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.