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
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PC
176
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $77.9M | 0.06% |
6,755,279
+339,499
| +5% | +$3.91M |
|
177
Texas Instruments
TXN
$254B
| $73M | 0.05% |
444,732
+5,571
| +1% | +$866K |
|
178
iShares Semiconductor ETF
SOXX
$47.6B
| $71.8M | 0.05% |
568,314
-5,790
| -1% | -$665K |
|
|
HRC
179
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $71.1M | 0.05% |
725,286
-4,941
| -0.7% | -$462K |
|
180
Regal Rexnord
RRX
$12.2B
| $70.7M | 0.05% |
575,994
-5,305
| -0.9% | -$586K |
|
181
Azenta
AZTA
$1.47B
| $69.3M | 0.05% |
1,020,799
-12,277
| -1% | -$766K |
|
182
Halliburton
HAL
$26.5B
| $68.7M | 0.05% |
3,633,616
+260,128
| +8% | +$4.04M |
|
183
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23B
| $68.6M | 0.05% |
853,188
+76,766
| +10% | +$5.92M |
|
184
East-West Bancorp
EWBC
$18.3B
| $67.6M | 0.05% |
1,333,395
+5,534
| +0.4% | +$235K |
|
185
Fair Isaac
FICO
$23.6B
| $65.4M | 0.05% |
127,931
-4,721
| -4% | -$2.2M |
|
|
BECN
186
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $63.2M | 0.05% |
1,571,661
-18,882
| -1% | -$690K |
|
187
Lazard
LAZ
$4.26B
| $62.3M | 0.05% |
1,473,630
+80,334
| +6% | +$3.04M |
|
188
Charles River Laboratories
CRL
$12.6B
| $60.4M | 0.05% |
241,539
-8,586
| -3% | -$2.04M |
|
189
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $60.2M | 0.05% |
552,847
+15,611
| +3% | +$1.66M |
|
190
HUB Group
HUBG
$2.91B
| $58.5M | 0.04% |
2,052,524
-1,988
| -0.1% | -$53.8K |
|
191
iShares Core US Aggregate Bond ETF
AGG
$138B
| $58.1M | 0.04% |
491,338
+240,742
| +96% | +$28.4M |
|
192
Polaris
PII
$4.16B
| $57.8M | 0.04% |
606,155
-665
| -0.1% | -$63.6K |
|
|
193
iShares Global Energy ETF
IXC
$2.75B
| $57.5M | 0.04% |
2,830,522
-20,562,664
| -88% | -$384M |
|
194
Integer Holdings
ITGR
$4.25B
| $56.3M | 0.04% |
693,115
-11,762
| -2% | -$825K |
|
195
WIX.com
WIX
$2.7B
| $55.8M | 0.04% |
223,347
+210,706
| +1,667% | +$55.5M |
|
|
COHR
196
DELISTED
Coherent Inc
COHR
| $55.1M | 0.04% |
367,475
-4,910
| -1% | -$629K |
|
197
Invesco NASDAQ Internet ETF
PNQI
$542M
| $54.9M | 0.04% |
+1,201,865
| New | +$52.8M |
|
198
Onto Innovation
ONTO
$13.7B
| $54.2M | 0.04% |
1,140,663
-9,823
| -0.9% | -$394K |
|
|
MZTI
199
The Marzetti Company
MZTI
$3.05B
| $54.1M | 0.04% |
294,430
-1,427
| -0.5% | -$249K |
|
200
NETSCOUT
NTCT
$2.98B
| $53.2M | 0.04% |
1,941,395
-50,000
| -3% | -$1.19M |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.