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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$558M |
| 2 |
Apple
AAPL
|
+$265M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
Amazon
AMZN
|
+$197M |
| 5 |
Visa
V
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COHR
Coherent Inc
COHR
|
+$86.3M |
| 2 |
TSMC
TSM
|
+$77.2M |
| 3 |
iShares MBS ETF
MBB
|
+$44.5M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$43.8M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.97% |
| 2 | Financials | 12.67% |
| 3 | Consumer Discretionary | 11.32% |
| 4 | Healthcare | 10.27% |
| 5 | Communication Services | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HIT
126
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $130M | 0.08% |
1,134,167
+9,283
| +0.8% | +$1.06M |
|
127
Carrier Global
CARR
$52.1B
| $129M | 0.08% |
2,658,280
-172,626
| -6% | -$7.71M |
|
128
Global Payments
GPN
$23.6B
| $123M | 0.08% |
656,718
-7,243
| -1% | -$1.46M |
|
129
Blackrock
BLK
$175B
| $123M | 0.08% |
140,352
+4,803
| +4% | +$4.06M |
|
|
AZPN
130
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $122M | 0.08% |
889,901
-40,988
| -4% | -$5.64M |
|
131
Pool Corp
POOL
$7.11B
| $122M | 0.08% |
266,828
-6,518
| -2% | -$2.74M |
|
|
SF
132
Stifel
SF
$12.7B
| $120M | 0.08% |
2,778,864
-78,242
| -3% | -$3.51M |
|
133
Winnebago Industries
WGO
$885M
| $119M | 0.07% |
1,750,784
+41,524
| +2% | +$3.07M |
|
134
Meritage Homes
MTH
$4.71B
| $116M | 0.07% |
2,456,532
-123,544
| -5% | -$6.24M |
|
135
Darling Ingredients
DAR
$9.5B
| $113M | 0.07% |
1,677,845
-61,248
| -4% | -$4.31M |
|
136
Toro Company
TTC
$9.06B
| $112M | 0.07% |
1,018,875
-44,711
| -4% | -$4.92M |
|
137
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $111M | 0.07% |
1,087,590
+66,433
| +7% | +$6.81M |
|
|
STMP
138
DELISTED
Stamps.com, Inc.
STMP
| $111M | 0.07% |
554,577
-31,812
| -5% | -$6.24M |
|
139
Terex
TEX
$7.36B
| $111M | 0.07% |
2,326,936
-111,728
| -5% | -$5.43M |
|
|
CALY
140
Callaway Golf Company
CALY
$3.43B
| $110M | 0.07% |
3,264,252
-169,848
| -5% | -$5.46M |
|
141
Johnson & Johnson
JNJ
$613B
| $109M | 0.07% |
664,471
-3,431
| -0.5% | -$568K |
|
142
Steris
STE
$22.7B
| $107M | 0.07% |
517,991
-31,685
| -6% | -$6.38M |
|
|
MDRX
143
DELISTED
Veradigm Inc. Common Stock
MDRX
| $105M | 0.07% |
5,691,914
-248,458
| -4% | -$4.18M |
|
144
Otis Worldwide
OTIS
$27.5B
| $105M | 0.07% |
1,279,950
-72,956
| -5% | -$5.61M |
|
145
Helen of Troy
HELE
$676M
| $105M | 0.07% |
458,781
-21,597
| -4% | -$4.75M |
|
146
Boston Beer
SAM
$1.94B
| $104M | 0.07% |
102,058
-12,924
| -11% | -$14.5M |
|
147
iShare MSCI Eurozone ETF
EZU
$9.73B
| $104M | 0.07% |
2,105,495
+187,773
| +10% | +$9.3M |
|
148
MSCI
MSCI
$41.8B
| $104M | 0.07% |
194,368
+1,118
| +0.6% | +$533K |
|
149
West Pharmaceutical
WST
$24.5B
| $103M | 0.06% |
287,742
-21,086
| -7% | -$6.97M |
|
150
Raymond James Financial
RJF
$34.1B
| $102M | 0.06% |
1,183,248
-63,650
| -5% | -$5.54M |
|
Similar funds
Ken Fisher's Q2 2021 Portfolio in Review
As of Q2 2021, Ken Fisher held 1,100 positions worth $159B, up 12% from $142B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q2 2021, opening 101 new positions and adding to 388 existing holdings. Its largest new stake was Organon & Co: 967,460 shares worth $29.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was TSMC, an estimated $77.2M trimmed.
- Ken Fisher's largest Q2 2021 buy was Organon & Co: 967,460 shares worth $29.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2021, an estimated $558M increase.
- Ken Fisher's biggest Q2 2021 reduction was TSMC, cutting an estimated $77.2M.
- Ken Fisher fully exited Coherent Inc in Q2 2021, selling an estimated $86.3M.
- Ken Fisher's ten largest holdings make up 32% of its $159B portfolio in Q2 2021.
- Ken Fisher opened 101 new positions and closed 90 in Q2 2021.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $159B.
Based on Fisher Asset Management's 13F filing for Q2 2021, filed 27 Jul 2021.