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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Regal Rexnord
RRX
$14.6B
| $86.9M | 0.05% |
510,729
-2,850
| -0.6% | -$451K |
|
177
State Street Health Care Select Sector SPDR ETF
XLV
$41.8B
| $86.3M | 0.05% |
612,713
+37,912
| +7% | +$5.03M |
|
178
iShares Semiconductor ETF
SOXX
$48.6B
| $85.7M | 0.05% |
473,970
-45,300
| -9% | -$7.6M |
|
179
Deere & Co
DE
$167B
| $85.4M | 0.05% |
249,197
+90,368
| +57% | +$31.4M |
|
180
Global Payments
GPN
$24.1B
| $85M | 0.05% |
628,508
-22,579
| -3% | -$3.11M |
|
181
Banco Bradesco
BBD
$37.9B
| $83.1M | 0.05% |
26,723,160
-292,137
| -1% | -$966K |
|
182
Vishay Intertechnology
VSH
$5.96B
| $82.9M | 0.05% |
3,790,142
-22,821
| -0.6% | -$469K |
|
183
Lumentum
LITE
$66.1B
| $81.3M | 0.05% |
768,930
-89,758
| -10% | -$8.17M |
|
184
Boeing
BA
$187B
| $80.8M | 0.05% |
401,371
+167,233
| +71% | +$35.3M |
|
185
Pegasystems
PEGA
$5.22B
| $80.8M | 0.05% |
1,444,910
+65,004
| +5% | +$3.85M |
|
186
Teledyne Technologies
TDY
$31.7B
| $79.7M | 0.04% |
182,455
-1,606
| -0.9% | -$699K |
|
187
Chemed
CHE
$7.05B
| $79.5M | 0.04% |
150,244
-2,692
| -2% | -$1.29M |
|
|
BECN
188
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $77.8M | 0.04% |
1,356,558
-20,370
| -1% | -$1.1M |
|
189
HUB Group
HUBG
$2.92B
| $76.9M | 0.04% |
1,826,076
-18,672
| -1% | -$743K |
|
190
Itaú Unibanco
ITUB
$90.3B
| $75.3M | 0.04% |
22,756,657
-6,975,703
| -23% | -$25.1M |
|
191
HubSpot
HUBS
$12.7B
| $72.3M | 0.04% |
109,703
-9,579
| -8% | -$7.25M |
|
192
Invesco NASDAQ Internet ETF
PNQI
$539M
| $71.9M | 0.04% |
1,668,870
+112,460
| +7% | +$5.26M |
|
|
VRNT
193
DELISTED
Verint Systems
VRNT
| $71.4M | 0.04% |
1,360,044
+53,036
| +4% | +$2.54M |
|
194
Bilibili
BILI
$7.95B
| $71.2M | 0.04% |
1,534,211
+92,059
| +6% | +$6.15M |
|
|
PDCE
195
DELISTED
PDC Energy, Inc.
PDCE
| $70.7M | 0.04% |
1,449,511
-18,673
| -1% | -$958K |
|
|
PC
196
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $70.6M | 0.04% |
6,429,096
+353,240
| +6% | +$3.88M |
|
197
Lazard
LAZ
$4.26B
| $68.8M | 0.04% |
1,577,516
-67,072
| -4% | -$3.14M |
|
198
Medpace
MEDP
$16.1B
| $67.8M | 0.04% |
311,313
-16,993
| -5% | -$3.56M |
|
199
Sally Beauty Holdings
SBH
$1.58B
| $67M | 0.04% |
3,629,631
+1,789,399
| +97% | +$32.6M |
|
200
Artisan Partners
APAM
$3.03B
| $66M | 0.04% |
1,385,865
-10,082
| -0.7% | -$484K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.