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
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| 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
| $82.5M | 0.06% |
9,796,583
+889,078
| +10% | +$7.48M |
|
177
Novartis
NVS
$294B
| $79.9M | 0.05% |
880,317
-213,064
| -19% | -$17.9M |
|
178
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $79.4M | 0.05% |
1,938,351
+21,852
| +1% | +$933K |
|
|
MDRX
179
DELISTED
Veradigm Inc. Common Stock
MDRX
| $78.1M | 0.05% |
4,428,979
-958,766
| -18% | -$16.1M |
|
180
Lazard
LAZ
$4.26B
| $77.2M | 0.05% |
2,227,095
-51,808
| -2% | -$1.84M |
|
181
Onto Innovation
ONTO
$13.7B
| $75.7M | 0.05% |
1,111,670
-40,500
| -4% | -$2.91M |
|
182
Vishay Intertechnology
VSH
$5.09B
| $71.9M | 0.05% |
3,334,751
-104,164
| -3% | -$2.2M |
|
|
PDCE
183
DELISTED
PDC Energy, Inc.
PDCE
| $71.9M | 0.05% |
1,132,070
-40,645
| -3% | -$2.83M |
|
184
iShares Core US Aggregate Bond ETF
AGG
$138B
| $71.4M | 0.05% |
736,543
+306,433
| +71% | +$29.6M |
|
185
East-West Bancorp
EWBC
$18.3B
| $70.1M | 0.05% |
1,064,463
+10,646
| +1% | +$729K |
|
|
GAP
186
The Gap Inc
GAP
$7.4B
| $69.6M | 0.05% |
6,170,652
+1,272,749
| +26% | +$15.2M |
|
|
BECN
187
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $69.2M | 0.05% |
1,311,398
+8,103
| +0.6% | +$458K |
|
188
Cummins
CMI
$89.7B
| $68.5M | 0.05% |
282,817
+57,409
| +25% | +$13.7M |
|
189
Herc Holdings
HRI
$5.64B
| $68.1M | 0.05% |
517,636
+454,808
| +724% | +$55.9M |
|
190
HUB Group
HUBG
$2.91B
| $67.8M | 0.05% |
1,706,430
-5,696
| -0.3% | -$222K |
|
191
Azenta
AZTA
$1.47B
| $67.3M | 0.05% |
1,156,476
+239,211
| +26% | +$12.2M |
|
192
Banco Bradesco
BBD
$37.8B
| $66.1M | 0.04% |
22,941,669
-2,184,797
| -9% | -$7.08M |
|
193
Kennametal
KMT
$2.6B
| $65.5M | 0.04% |
2,722,363
+1,140,901
| +72% | +$28.3M |
|
194
Raymond James Financial
RJF
$34.7B
| $63.6M | 0.04% |
595,310
-401,455
| -40% | -$45.1M |
|
|
CALY
195
Callaway Golf Company
CALY
$3.44B
| $63.5M | 0.04% |
3,214,189
+58,307
| +2% | +$1.15M |
|
196
Parker-Hannifin
PH
$126B
| $63.3M | 0.04% |
217,584
+73,161
| +51% | +$20.9M |
|
197
iShares MSCI Taiwan ETF
EWT
$10.6B
| $62.3M | 0.04% |
1,551,721
-133,582
| -8% | -$5.95M |
|
198
Pool Corp
POOL
$7.51B
| $61.7M | 0.04% |
204,162
-2,605
| -1% | -$825K |
|
199
Atlassian
TEAM
$28.8B
| $61M | 0.04% |
473,768
-31,922
| -6% | -$5.08M |
|
200
Bio-Rad Laboratories Class A
BIO
$9.31B
| $60.8M | 0.04% |
144,522
-3,597
| -2% | -$1.45M |
|
Similar funds
Ken Fisher's Q4 2022 Portfolio in Review
As of Q4 2022, Ken Fisher held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Ken Fisher's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Ken Fisher fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Ken Fisher's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Ken Fisher opened 150 new positions and closed 203 in Q4 2022.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.