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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Semtech
SMTC
$12.1B
| $115M | 0.06% |
1,287,758
-3,459
| -0.3% | -$294K |
|
152
Johnson & Johnson
JNJ
$612B
| $111M | 0.06% |
648,009
-18,107
| -3% | -$2.96M |
|
153
Yelp
YELP
$1.46B
| $110M | 0.06% |
3,045,979
-527,187
| -15% | -$19.8M |
|
154
KB Home
KBH
$3.55B
| $109M | 0.06% |
2,443,541
-17,785
| -0.7% | -$744K |
|
155
Qorvo
QRVO
$8.31B
| $109M | 0.06% |
695,333
-16,439
| -2% | -$2.61M |
|
156
Texas Instruments
TXN
$259B
| $109M | 0.06% |
576,720
+90,673
| +19% | +$17.4M |
|
157
Halliburton
HAL
$27.1B
| $106M | 0.06% |
4,649,588
+234,868
| +5% | +$5.56M |
|
158
Helen of Troy
HELE
$664M
| $106M | 0.06% |
433,905
-10,865
| -2% | -$2.58M |
|
159
Bio-Rad Laboratories Class A
BIO
$8.94B
| $106M | 0.06% |
140,024
-5,791
| -4% | -$4.33M |
|
|
MDRX
160
DELISTED
Veradigm Inc. Common Stock
MDRX
| $104M | 0.06% |
5,640,456
+35,230
| +0.6% | +$559K |
|
161
Insulet
PODD
$11.5B
| $101M | 0.06% |
379,016
+43,989
| +13% | +$12.8M |
|
162
Toro Company
TTC
$9.43B
| $99.9M | 0.06% |
1,000,145
-6,245
| -0.6% | -$622K |
|
163
Terex
TEX
$7.63B
| $99.1M | 0.06% |
2,254,626
-33,493
| -1% | -$1.5M |
|
164
Otis Worldwide
OTIS
$27.9B
| $97.7M | 0.05% |
1,121,739
-82,573
| -7% | -$6.91M |
|
165
iShares Global Energy ETF
IXC
$2.81B
| $96.8M | 0.05% |
3,519,919
+172,518
| +5% | +$4.89M |
|
166
HEICO Corp
HEI
$51.4B
| $95.4M | 0.05% |
661,536
-65,867
| -9% | -$9.28M |
|
167
Lincoln Electric
LECO
$15.2B
| $95M | 0.05% |
681,250
-7,974
| -1% | -$1.11M |
|
168
Charles River Laboratories
CRL
$11.4B
| $94.8M | 0.05% |
251,662
+8,521
| +4% | +$3.31M |
|
169
Azenta
AZTA
$1.38B
| $91.8M | 0.05% |
890,119
+26,749
| +3% | +$2.9M |
|
170
Littelfuse
LFUS
$11.7B
| $91.4M | 0.05% |
290,448
+1,141
| +0.4% | +$345K |
|
171
East-West Bancorp
EWBC
$18.4B
| $90.3M | 0.05% |
1,147,159
-21,773
| -2% | -$1.75M |
|
172
MKS Inc
MKSI
$22.1B
| $90.1M | 0.05% |
517,308
-17,414
| -3% | -$2.72M |
|
173
Lennar Class A
LEN
$21B
| $89.5M | 0.05% |
795,929
+20,494
| +3% | +$2.09M |
|
174
Qualcomm
QCOM
$171B
| $88M | 0.05% |
481,154
+110,280
| +30% | +$17.7M |
|
|
CALY
175
Callaway Golf Company
CALY
$3.52B
| $87.1M | 0.05% |
3,174,884
-21,465
| -0.7% | -$596K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.