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 | |
|---|---|---|---|---|---|---|
126
American Tower
AMT
$80.8B
| $236M | 0.13% |
1,219,363
+30,800
| +3% | +$6.02M |
|
127
Qualcomm
QCOM
$155B
| $221M | 0.12% |
1,852,708
+15,335
| +0.8% | +$1.76M |
|
128
Vanguard FTSE Europe ETF
VGK
$30.8B
| $220M | 0.12% |
3,571,518
+201,285
| +6% | +$12.5M |
|
129
Invesco S&P 500 Top 50 ETF
XLG
$10.8B
| $211M | 0.12% |
6,044,580
+321,390
| +6% | +$10.5M |
|
130
Boston Scientific
BSX
$69.5B
| $208M | 0.11% |
3,839,235
+51,352
| +1% | +$2.68M |
|
131
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.12B
| $197M | 0.11% |
4,258,349
-68,413
| -2% | -$3.17M |
|
132
MGM Resorts International
MGM
$11.4B
| $195M | 0.11% |
4,435,783
+78,981
| +2% | +$3.37M |
|
133
Vanguard FTSE Developed Markets ETF
VEA
$230B
| $192M | 0.11% |
4,162,661
+167,835
| +4% | +$7.72M |
|
134
Align Technology
ALGN
$12.1B
| $190M | 0.1% |
536,004
-3,320
| -0.6% | -$1.06M |
|
135
Norfolk Southern
NSC
$75.4B
| $189M | 0.1% |
833,564
+24,910
| +3% | +$5.29M |
|
136
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.2B
| $188M | 0.1% |
4,654,492
+146,198
| +3% | +$5.97M |
|
137
Rockwell Automation
ROK
$53.4B
| $180M | 0.1% |
547,503
+88,434
| +19% | +$25.5M |
|
138
ASE Group
ASX
$77.3B
| $167M | 0.09% |
21,383,032
-432,410
| -2% | -$3.33M |
|
139
DexCom
DXCM
$31.5B
| $163M | 0.09% |
1,271,910
-44,133
| -3% | -$5.34M |
|
140
Meritage Homes
MTH
$4.58B
| $155M | 0.09% |
2,173,946
+4,360
| +0.2% | +$274K |
|
141
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
| $152M | 0.08% |
2,002,934
-40,631
| -2% | -$3.09M |
|
142
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $151M | 0.08% |
1,781,056
-29,714
| -2% | -$2.28M |
|
143
iShare MSCI Eurozone ETF
EZU
$9.73B
| $150M | 0.08% |
3,273,710
+225,011
| +7% | +$10.3M |
|
144
Autodesk
ADSK
$49.5B
| $149M | 0.08% |
727,829
+43,487
| +6% | +$8.7M |
|
145
JD.com
JD
$44.6B
| $149M | 0.08% |
4,355,516
-260,921
| -6% | -$9.49M |
|
146
Lowe's Companies
LOW
$117B
| $144M | 0.08% |
639,200
-7,413
| -1% | -$1.54M |
|
147
Parker-Hannifin
PH
$123B
| $144M | 0.08% |
368,527
+115,535
| +46% | +$39.1M |
|
148
Haleon
HLN
$43.5B
| $142M | 0.08% |
16,899,943
-398,051
| -2% | -$3.4M |
|
|
HIT
149
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $141M | 0.08% |
1,142,934
-1,946
| -0.2% | -$240K |
|
150
KB Home
KBH
$3.37B
| $140M | 0.08% |
2,708,220
+14,884
| +0.6% | +$672K |
|
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.