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 | |
|---|---|---|---|---|---|---|
151
iShares US Financials ETF
IYF
$4.63B
| $113M | 0.08% |
1,498,581
+187,220
| +14% | +$14M |
|
152
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23B
| $113M | 0.08% |
1,742,310
+346,512
| +25% | +$24.2M |
|
153
iShare MSCI Eurozone ETF
EZU
$9.84B
| $111M | 0.08% |
2,819,875
+287,530
| +11% | +$10.7M |
|
154
Insulet
PODD
$9.24B
| $109M | 0.07% |
368,999
+9,077
| +3% | +$2.5M |
|
|
SF
155
Stifel
SF
$12.8B
| $105M | 0.07% |
2,686,684
-94,322
| -3% | -$3.73M |
|
156
Meritage Homes
MTH
$4.88B
| $105M | 0.07% |
2,267,776
+17,896
| +0.8% | +$724K |
|
157
NetEase
NTES
$81.7B
| $102M | 0.07% |
1,399,030
-99,441
| -7% | -$6.77M |
|
158
Paycom
PAYC
$8.11B
| $100M | 0.07% |
322,952
+8,901
| +3% | +$2.87M |
|
159
Pfizer
PFE
$145B
| $100M | 0.07% |
1,955,743
-99,745
| -5% | -$4.78M |
|
160
Boeing
BA
$189B
| $99.5M | 0.07% |
522,318
+71,463
| +16% | +$11.7M |
|
161
Synaptics
SYNA
$3.96B
| $96.9M | 0.07% |
1,018,532
-18,176
| -2% | -$1.75M |
|
162
Terex
TEX
$7.6B
| $96.3M | 0.07% |
2,254,837
-25,889
| -1% | -$1.04M |
|
163
Shopify
SHOP
$187B
| $95.7M | 0.06% |
2,756,219
-383,717
| -12% | -$13.1M |
|
164
MSCI
MSCI
$41.5B
| $95.5M | 0.06% |
205,314
-8,875
| -4% | -$4.13M |
|
165
HubSpot
HUBS
$12.5B
| $94.1M | 0.06% |
325,613
-2,083
| -0.6% | -$590K |
|
166
Lincoln Electric
LECO
$15.2B
| $91.5M | 0.06% |
633,141
-3,810
| -0.6% | -$534K |
|
167
KB Home
KBH
$3.61B
| $90.3M | 0.06% |
2,833,760
+119,612
| +4% | +$3.56M |
|
168
Winnebago Industries
WGO
$903M
| $88.9M | 0.06% |
1,686,074
-18,053
| -1% | -$1.03M |
|
169
Procter & Gamble
PG
$340B
| $88.5M | 0.06% |
584,077
-8,186
| -1% | -$1.15M |
|
170
Haemonetics
HAE
$3.84B
| $87M | 0.06% |
1,106,697
-140,846
| -11% | -$11.3M |
|
171
Otis Worldwide
OTIS
$27.8B
| $86.3M | 0.06% |
1,102,344
+99,323
| +10% | +$7.33M |
|
172
T. Rowe Price
TROW
$24.7B
| $85.1M | 0.06% |
779,916
+148,240
| +23% | +$16.8M |
|
173
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $83.4M | 0.06% |
2,839,913
-178,194
| -6% | -$5.22M |
|
|
GTLS
174
DELISTED
Chart Industries
GTLS
| $83.4M | 0.06% |
723,803
-184,403
| -20% | -$29.6M |
|
175
Itaú Unibanco
ITUB
$92.6B
| $82.7M | 0.06% |
19,893,556
-1,846,202
| -8% | -$8.39M |
|
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.