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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $223M | 0.14% |
1,510,600
-773,411
| -34% | -$107M |
|
127
Vanguard FTSE Europe ETF
VGK
$31.1B
| $205M | 0.12% |
3,370,233
+201,449
| +6% | +$12M |
|
128
JD.com
JD
$44.3B
| $203M | 0.12% |
4,616,437
-364,098
| -7% | -$18.8M |
|
129
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.13B
| $203M | 0.12% |
4,326,762
-141,761
| -3% | -$6.57M |
|
|
MRO
130
DELISTED
Marathon Oil Corporation
MRO
| $197M | 0.12% |
8,202,728
+21,084
| +0.3% | +$539K |
|
131
MGM Resorts International
MGM
$11.4B
| $194M | 0.12% |
+4,356,802
| New | +$181M |
|
132
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.31B
| $193M | 0.12% |
4,508,294
+36,014
| +0.8% | +$1.57M |
|
133
Boston Scientific
BSX
$71.4B
| $190M | 0.12% |
3,787,883
+36,948
| +1% | +$1.74M |
|
134
Petrobras
PBR
$119B
| $183M | 0.11% |
17,572,611
-42,852
| -0.2% | -$466K |
|
135
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $180M | 0.11% |
3,994,826
+160,103
| +4% | +$7.13M |
|
136
Align Technology
ALGN
$12.1B
| $180M | 0.11% |
539,324
-32,403
| -6% | -$9.56M |
|
137
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $178M | 0.11% |
5,723,190
-3,044,160
| -35% | -$89.3M |
|
138
ASE Group
ASX
$81.9B
| $174M | 0.11% |
21,815,442
-415,035
| -2% | -$3.03M |
|
139
Halliburton
HAL
$27.1B
| $174M | 0.11% |
5,493,225
+5,750
| +0.1% | +$213K |
|
140
Norfolk Southern
NSC
$76.9B
| $171M | 0.1% |
808,654
+14,713
| +2% | +$3.4M |
|
141
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $156M | 0.09% |
2,043,565
-66,335
| -3% | -$5.02M |
|
142
DexCom
DXCM
$31.3B
| $153M | 0.09% |
1,316,043
-63,625
| -5% | -$7.12M |
|
143
Cleveland-Cliffs
CLF
$6.98B
| $146M | 0.09% |
7,990,036
-512,377
| -6% | -$10.1M |
|
144
ExxonMobil
XOM
$642B
| $145M | 0.09% |
1,318,149
-138,709
| -10% | -$15.3M |
|
145
Trip.com Group
TCOM
$29.1B
| $144M | 0.09% |
3,817,957
-808,204
| -17% | -$30M |
|
146
Autodesk
ADSK
$51.2B
| $142M | 0.09% |
684,342
-130,178
| -16% | -$26.8M |
|
147
Haleon
HLN
$44.2B
| $141M | 0.09% |
17,297,994
-477,620
| -3% | -$3.81M |
|
148
Pinduoduo
PDD
$129B
| $140M | 0.09% |
1,844,111
-138,280
| -7% | -$12.5M |
|
149
iShare MSCI Eurozone ETF
EZU
$9.84B
| $137M | 0.08% |
3,048,699
+228,824
| +8% | +$9.98M |
|
150
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $135M | 0.08% |
1,810,770
+68,460
| +4% | +$4.91M |
|
Similar funds
Ken Fisher's Q1 2023 Portfolio in Review
As of Q1 2023, Ken Fisher held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Ken Fisher added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Ken Fisher's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Ken Fisher fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Ken Fisher's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Ken Fisher opened 183 new positions and closed 73 in Q1 2023.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.