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
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Vanguard FTSE Europe ETF
VGK
$31.1B
| $176M | 0.12% |
3,168,784
+248,297
| +9% | +$13.1M |
|
127
Boston Scientific
BSX
$69.2B
| $174M | 0.12% |
3,750,935
+50,033
| +1% | +$2.17M |
|
128
Pinduoduo
PDD
$129B
| $162M | 0.11% |
1,982,391
-415,105
| -17% | -$28.9M |
|
129
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $161M | 0.11% |
3,834,723
+229,360
| +6% | +$9.29M |
|
130
ExxonMobil
XOM
$628B
| $161M | 0.11% |
1,456,858
-221,162
| -13% | -$23.7M |
|
131
Trip.com Group
TCOM
$28.9B
| $159M | 0.11% |
4,626,161
-1,470,565
| -24% | -$42.2M |
|
132
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $159M | 0.11% |
2,109,900
-14,952
| -0.7% | -$1.12M |
|
133
DexCom
DXCM
$31.2B
| $156M | 0.11% |
1,379,668
-53,672
| -4% | -$5.89M |
|
134
Autodesk
ADSK
$50.7B
| $152M | 0.1% |
814,520
-43,188
| -5% | -$8.67M |
|
135
Haleon
HLN
$43.8B
| $142M | 0.1% |
17,775,614
-1,514,187
| -8% | -$10.3M |
|
136
Globant
GLOB
$1.66B
| $141M | 0.1% |
839,135
-81,254
| -9% | -$14.4M |
|
137
Alcoa
AA
$12.6B
| $140M | 0.09% |
3,084,104
-889,614
| -22% | -$38.7M |
|
138
Trane Technologies
TT
$106B
| $140M | 0.09% |
832,698
+67,106
| +9% | +$11.1M |
|
139
Woodside Energy
WDS
$41.9B
| $140M | 0.09% |
5,781,031
-200,156
| -3% | -$4.75M |
|
140
ASE Group
ASX
$80.9B
| $139M | 0.09% |
22,230,477
-2,228,246
| -9% | -$13.1M |
|
141
iShares Global Healthcare ETF
IXJ
$4.13B
| $137M | 0.09% |
1,618,297
-14,512
| -0.9% | -$1.2M |
|
142
Cleveland-Cliffs
CLF
$7.22B
| $137M | 0.09% |
8,502,413
-1,905,528
| -18% | -$28.7M |
|
143
Lowe's Companies
LOW
$123B
| $133M | 0.09% |
669,706
-13,328
| -2% | -$2.66M |
|
144
Lyft
LYFT
$6.35B
| $121M | 0.08% |
10,989,747
-735,426
| -6% | -$8.87M |
|
145
Align Technology
ALGN
$12.5B
| $121M | 0.08% |
571,727
-156
| -0% | -$31.2K |
|
146
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $118M | 0.08% |
869,182
+70,841
| +9% | +$9.39M |
|
147
iShares US Medical Devices ETF
IHI
$3.34B
| $118M | 0.08% |
2,235,217
+126,884
| +6% | +$6.44M |
|
|
HIT
148
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $117M | 0.08% |
1,151,921
-14,035
| -1% | -$1.42M |
|
149
NXP Semiconductors
NXPI
$58.3B
| $117M | 0.08% |
738,996
-186,072
| -20% | -$29.5M |
|
|
SIVB
150
DELISTED
SVB Financial Group
SIVB
| $114M | 0.08% |
497,132
-4,484
| -0.9% | -$1.11M |
|
Similar funds
Ken Fisher's Q4 2022 Portfolio in Review
As of Q4 2022, Ken Fisher held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Ken Fisher's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Ken Fisher fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Ken Fisher's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Ken Fisher opened 150 new positions and closed 203 in Q4 2022.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.