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 | |
|---|---|---|---|---|---|---|
151
Lennox International
LII
$14.8B
| $140M | 0.08% |
428,479
+91,723
| +27% | +$25.9M |
|
152
NetEase
NTES
$84.3B
| $138M | 0.08% |
1,425,451
+19,173
| +1% | +$1.73M |
|
153
Cleveland-Cliffs
CLF
$6.4B
| $134M | 0.07% |
7,992,483
+2,447
| +0% | +$38.8K |
|
154
A.O. Smith
AOS
$8.22B
| $133M | 0.07% |
1,830,043
+387,171
| +27% | +$26.5M |
|
155
Trip.com Group
TCOM
$29.8B
| $133M | 0.07% |
3,797,757
-20,200
| -0.5% | -$702K |
|
156
iShares Global Energy ETF
IXC
$2.83B
| $132M | 0.07% |
3,535,706
+126,664
| +4% | +$4.77M |
|
157
iShares US Financials ETF
IYF
$4.56B
| $131M | 0.07% |
1,754,983
+132,623
| +8% | +$9.56M |
|
158
Expedia Group
EXPE
$35.9B
| $130M | 0.07% |
1,192,326
+42,169
| +4% | +$4.13M |
|
159
iShares US Medical Devices ETF
IHI
$3.35B
| $129M | 0.07% |
2,283,342
+27,088
| +1% | +$1.49M |
|
|
PC
160
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $129M | 0.07% |
10,613,168
+460,937
| +5% | +$5.59M |
|
161
Terex
TEX
$7.39B
| $128M | 0.07% |
2,146,195
+7,051
| +0.3% | +$350K |
|
162
NXP Semiconductors
NXPI
$56.2B
| $128M | 0.07% |
625,172
-19,808
| -3% | -$3.52M |
|
163
Pinduoduo
PDD
$128B
| $127M | 0.07% |
1,834,029
-10,082
| -0.5% | -$693K |
|
164
Woodside Energy
WDS
$43.2B
| $127M | 0.07% |
5,458,959
-138,114
| -2% | -$3.16M |
|
165
Onto Innovation
ONTO
$13.5B
| $125M | 0.07% |
1,075,917
+9,719
| +0.9% | +$927K |
|
166
Marvell Technology
MRVL
$172B
| $125M | 0.07% |
2,090,173
+274,218
| +15% | +$13.3M |
|
167
Lincoln Electric
LECO
$14.5B
| $121M | 0.07% |
609,995
+3,793
| +0.6% | +$661K |
|
168
Insulet
PODD
$11.8B
| $116M | 0.06% |
402,624
+33,904
| +9% | +$10.3M |
|
169
Itaú Unibanco
ITUB
$93.2B
| $115M | 0.06% |
21,998,457
+958,870
| +5% | +$4.53M |
|
|
GTLS
170
DELISTED
Chart Industries
GTLS
| $113M | 0.06% |
708,355
+4,195
| +0.6% | +$536K |
|
171
iShares US Transportation ETF
IYT
$2.25B
| $112M | 0.06% |
1,800,700
+112,200
| +7% | +$6.43M |
|
172
T. Rowe Price
TROW
$24B
| $108M | 0.06% |
966,690
+27,569
| +3% | +$3.02M |
|
173
Winnebago Industries
WGO
$881M
| $108M | 0.06% |
1,617,707
+5,212
| +0.3% | +$311K |
|
|
MRO
174
DELISTED
Marathon Oil Corporation
MRO
| $107M | 0.06% |
4,626,722
-3,576,006
| -44% | -$84.2M |
|
|
BECN
175
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $105M | 0.06% |
1,266,135
+3,576
| +0.3% | +$236K |
|
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.