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 | |
|---|---|---|---|---|---|---|
151
IDEX
IEX
$17B
| $123M | 0.05% |
612,236
+48,351
| +9% | +$10.6M |
|
152
Autodesk
ADSK
$49.5B
| $122M | 0.05% |
491,286
+50,763
| +12% | +$11.4M |
|
153
Invesco KBW Bank ETF
KBWB
$6.84B
| $121M | 0.05% |
2,266,851
+319,240
| +16% | +$16.8M |
|
154
Lowe's Companies
LOW
$117B
| $119M | 0.05% |
541,184
-11,143
| -2% | -$2.54M |
|
155
Meritage Homes
MTH
$4.58B
| $118M | 0.05% |
1,463,348
-956
| -0.1% | -$80.4K |
|
|
SF
156
Stifel
SF
$12.6B
| $118M | 0.05% |
2,098,962
+21,099
| +1% | +$1.12M |
|
|
157
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $117M | 0.05% |
4,042,654
-44,076,885
| -92% | -$1.27B |
|
158
Haleon
HLN
$43.5B
| $115M | 0.05% |
13,967,315
-408,988
| -3% | -$3.42M |
|
159
iShares US Medical Devices ETF
IHI
$3.13B
| $108M | 0.05% |
1,921,718
-84,919
| -4% | -$4.75M |
|
160
Otis Worldwide
OTIS
$27.4B
| $106M | 0.05% |
1,099,499
+25,009
| +2% | +$2.41M |
|
161
NetEase
NTES
$85.3B
| $102M | 0.04% |
1,063,183
-95,524
| -8% | -$9.09M |
|
162
Terex
TEX
$7.18B
| $101M | 0.04% |
1,844,423
+25,293
| +1% | +$1.5M |
|
163
Abercrombie & Fitch
ANF
$4.42B
| $98.4M | 0.04% |
553,074
-190,699
| -26% | -$27.6M |
|
164
Canadian Pacific Kansas City
CP
$78.1B
| $96.6M | 0.04% |
1,227,167
+89,846
| +8% | +$7.31M |
|
165
JD.com
JD
$44.6B
| $96.5M | 0.04% |
3,735,859
+191,611
| +5% | +$5.62M |
|
166
Cleveland-Cliffs
CLF
$6.57B
| $94.3M | 0.04% |
6,128,423
-27,261
| -0.4% | -$488K |
|
167
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
| $93.9M | 0.04% |
803,457
-40,109
| -5% | -$4.62M |
|
168
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $93.9M | 0.04% |
3,160,886
+163,145
| +5% | +$4.83M |
|
169
Lincoln Electric
LECO
$14.2B
| $91M | 0.04% |
482,628
-411
| -0.1% | -$89.2K |
|
170
Northrop Grumman
NOC
$77.1B
| $90.3M | 0.04% |
207,180
+84,914
| +69% | +$38.8M |
|
171
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $89.9M | 0.04% |
1,049,644
-2,498,992
| -70% | -$206M |
|
|
BECN
172
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $89.7M | 0.04% |
991,108
+2,568
| +0.3% | +$248K |
|
173
Invesco NASDAQ Internet ETF
PNQI
$528M
| $89.6M | 0.04% |
2,181,824
-111,190
| -5% | -$4.42M |
|
174
DexCom
DXCM
$31.5B
| $87.7M | 0.04% |
773,874
-6,891
| -0.9% | -$871K |
|
175
Alcoa
AA
$11.9B
| $86.5M | 0.04% |
2,174,285
-10,968
| -0.5% | -$424K |
|
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.