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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
JD.com
JD
$43.9B
| $127M | 0.07% |
4,363,658
+8,142
| +0.2% | +$284K |
|
152
A.O. Smith
AOS
$8.59B
| $127M | 0.07% |
1,915,105
+85,062
| +5% | +$6.04M |
|
|
HIT
153
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $126M | 0.07% |
1,016,402
-126,532
| -11% | -$15.7M |
|
154
Haleon
HLN
$43.8B
| $126M | 0.07% |
15,164,391
-1,735,552
| -10% | -$14.5M |
|
|
PC
155
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $126M | 0.07% |
11,142,231
+529,063
| +5% | +$5.96M |
|
156
NXP Semiconductors
NXPI
$58.3B
| $124M | 0.07% |
621,496
-3,676
| -0.6% | -$761K |
|
157
KB Home
KBH
$3.61B
| $124M | 0.07% |
2,670,825
-37,395
| -1% | -$1.9M |
|
158
Lowe's Companies
LOW
$123B
| $122M | 0.07% |
587,100
-52,100
| -8% | -$11.7M |
|
159
Cleveland-Cliffs
CLF
$7.22B
| $121M | 0.07% |
7,743,452
-249,031
| -3% | -$3.89M |
|
160
Terex
TEX
$7.55B
| $120M | 0.07% |
2,087,754
-58,441
| -3% | -$3.48M |
|
161
Marvell Technology
MRVL
$189B
| $117M | 0.07% |
2,160,099
+69,926
| +3% | +$4.13M |
|
|
GTLS
162
DELISTED
Chart Industries
GTLS
| $117M | 0.07% |
689,432
-18,923
| -3% | -$3.18M |
|
163
Woodside Energy
WDS
$41.9B
| $114M | 0.06% |
4,893,115
-565,844
| -10% | -$13.8M |
|
164
Banco Bradesco
BBD
$37.9B
| $111M | 0.06% |
39,079,863
+14,221,433
| +57% | +$45M |
|
165
Lincoln Electric
LECO
$15.2B
| $107M | 0.06% |
589,402
-20,593
| -3% | -$3.93M |
|
166
iShares US Medical Devices ETF
IHI
$3.34B
| $106M | 0.06% |
2,185,993
-97,349
| -4% | -$5.18M |
|
|
SF
167
Stifel
SF
$12.8B
| $101M | 0.06% |
2,457,726
-70,242
| -3% | -$2.96M |
|
|
BECN
168
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $94.9M | 0.05% |
1,229,129
-37,006
| -3% | -$2.99M |
|
169
DexCom
DXCM
$31.2B
| $94.4M | 0.05% |
1,011,622
-260,288
| -20% | -$29.3M |
|
170
MSCI
MSCI
$41.6B
| $93.6M | 0.05% |
182,338
-20,929
| -10% | -$11M |
|
171
Winnebago Industries
WGO
$904M
| $93.3M | 0.05% |
1,569,212
-48,495
| -3% | -$3.14M |
|
172
iShares Global Industrials ETF
EXI
$1.48B
| $91.6M | 0.05% |
810,118
+716,218
| +763% | +$85.2M |
|
173
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.7B
| $91.2M | 0.05% |
3,109,111
+150,467
| +5% | +$4.42M |
|
174
Otis Worldwide
OTIS
$27.8B
| $88.6M | 0.05% |
1,102,834
-63,519
| -5% | -$5.43M |
|
175
Synaptics
SYNA
$4.16B
| $87.7M | 0.05% |
980,720
-16,162
| -2% | -$1.42M |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.