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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Petrobras
PBR
$123B
| $203M | 0.09% |
13,984,350
-1,045,145
| -7% | -$16.3M |
|
127
iShares Global Industrials ETF
EXI
$1.45B
| $198M | 0.09% |
1,467,308
+180,925
| +14% | +$24.8M |
|
128
MGM Resorts International
MGM
$11.4B
| $198M | 0.09% |
4,457,238
+29,710
| +0.7% | +$1.24M |
|
129
Expedia Group
EXPE
$35.8B
| $195M | 0.08% |
1,544,906
+58,927
| +4% | +$7.27M |
|
130
iShares US Financials ETF
IYF
$4.58B
| $194M | 0.08% |
2,054,989
-86,706
| -4% | -$8.12M |
|
131
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.12B
| $183M | 0.08% |
4,007,853
-59,244
| -1% | -$2.71M |
|
132
A.O. Smith
AOS
$8.25B
| $181M | 0.08% |
2,215,201
+103,530
| +5% | +$8.76M |
|
133
Rockwell Automation
ROK
$53.5B
| $179M | 0.08% |
650,030
+46,086
| +8% | +$12.4M |
|
134
US Bancorp
USB
$99.6B
| $178M | 0.08% |
4,478,574
-22,036
| -0.5% | -$899K |
|
135
Vale
VALE
$62B
| $176M | 0.08% |
15,722,398
-533,576
| -3% | -$6.42M |
|
136
Onto Innovation
ONTO
$13.4B
| $169M | 0.07% |
768,421
-13,539
| -2% | -$2.8M |
|
|
137
iShares Expanded Tech-Software Sector ETF
IGV
$13.8B
| $168M | 0.07% |
1,933,855
-8,303,921
| -81% | -$682M |
|
138
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.2B
| $165M | 0.07% |
4,047,742
-94,943
| -2% | -$4.07M |
|
139
Novartis
NVS
$292B
| $157M | 0.07% |
1,474,158
+26,283
| +2% | +$2.64M |
|
140
ASE Group
ASX
$80.7B
| $156M | 0.07% |
13,686,191
-539,015
| -4% | -$5.84M |
|
141
Marvell Technology
MRVL
$174B
| $150M | 0.07% |
2,146,704
+34,254
| +2% | +$2.4M |
|
142
KB Home
KBH
$3.45B
| $150M | 0.07% |
2,133,121
+56,856
| +3% | +$3.87M |
|
143
iShare MSCI Eurozone ETF
EZU
$9.73B
| $144M | 0.06% |
2,949,221
-153,932
| -5% | -$7.78M |
|
144
Banco Bradesco
BBD
$39.4B
| $142M | 0.06% |
63,604,592
-1,946,194
| -3% | -$5.03M |
|
145
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
| $142M | 0.06% |
1,836,885
-65,811
| -3% | -$5.06M |
|
146
NXP Semiconductors
NXPI
$56.5B
| $139M | 0.06% |
518,363
-6,372
| -1% | -$1.64M |
|
147
iShares Global Consumer Staples ETF
KXI
$1.06B
| $135M | 0.06% |
2,249,082
+363,072
| +19% | +$22.1M |
|
148
Trip.com Group
TCOM
$29.8B
| $131M | 0.06% |
2,790,119
-282,057
| -9% | -$14.4M |
|
149
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $125M | 0.05% |
1,366,202
-224,496
| -14% | -$19.9M |
|
150
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $124M | 0.05% |
1,616,747
-80,263
| -5% | -$6.12M |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.