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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BECN
176
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $85.9M | 0.05% |
986,651
-242,478
| -20% | -$19M |
|
177
Invesco NASDAQ Internet ETF
PNQI
$541M
| $85.3M | 0.05% |
2,364,336
-77,923
| -3% | -$2.57M |
|
178
iShares Core US Aggregate Bond ETF
AGG
$138B
| $83.5M | 0.04% |
841,285
+28,132
| +3% | +$2.68M |
|
|
GTLS
179
DELISTED
Chart Industries
GTLS
| $80.6M | 0.04% |
591,013
-98,419
| -14% | -$13.3M |
|
180
Alcoa
AA
$12.6B
| $79.9M | 0.04% |
2,349,845
-464,170
| -16% | -$12.6M |
|
181
Invesco KBW Bank ETF
KBWB
$6.95B
| $78.4M | 0.04% |
1,593,175
+392,919
| +33% | +$16.6M |
|
182
State Street SPDR S&P Retail ETF
XRT
$329M
| $77M | 0.04% |
1,064,770
-27,513
| -3% | -$1.75M |
|
183
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $76.7M | 0.04% |
1,293,999
-96,884
| -7% | -$5.31M |
|
184
Insulet
PODD
$9.22B
| $74.7M | 0.04% |
344,159
-59,703
| -15% | -$10.2M |
|
185
XP
XP
$8.77B
| $74.1M | 0.04% |
2,844,255
+2,429,169
| +585% | +$55.4M |
|
186
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $73.1M | 0.04% |
1,014,418
+111,749
| +12% | +$7.74M |
|
187
iShares Global Consumer Staples ETF
KXI
$1.07B
| $70.4M | 0.04% |
1,186,560
+318,487
| +37% | +$18.3M |
|
188
Invesco
IVZ
$14.1B
| $70M | 0.04% |
3,921,248
+391,933
| +11% | +$5.65M |
|
189
Artisan Partners
APAM
$3.04B
| $69.5M | 0.04% |
1,572,360
-225,524
| -13% | -$8.51M |
|
190
Pool Corp
POOL
$7.51B
| $66.1M | 0.03% |
165,759
-22,045
| -12% | -$7.73M |
|
191
HUB Group
HUBG
$2.91B
| $66.1M | 0.03% |
1,437,584
-185,074
| -11% | -$7.27M |
|
192
SouthState Bank Corp
SSB
$10.6B
| $65.4M | 0.03% |
774,714
-126,512
| -14% | -$9.34M |
|
193
Urban Outfitters
URBN
$6.67B
| $65M | 0.03% |
1,821,657
-137,229
| -7% | -$4.78M |
|
194
iShares US Transportation ETF
IYT
$2.28B
| $64.2M | 0.03% |
978,752
-43,204
| -4% | -$2.59M |
|
195
iShares MSCI Japan ETF
EWJ
$22.5B
| $63.3M | 0.03% |
987,106
-38,141
| -4% | -$2.33M |
|
196
Herc Holdings
HRI
$5.64B
| $62.2M | 0.03% |
418,063
-115,220
| -22% | -$14.1M |
|
197
Haemonetics
HAE
$3.8B
| $60.9M | 0.03% |
711,667
-150,953
| -17% | -$13.1M |
|
198
Qorvo
QRVO
$8.4B
| $60.8M | 0.03% |
539,743
-84,327
| -14% | -$8.14M |
|
199
Vishay Intertechnology
VSH
$5.08B
| $59.9M | 0.03% |
2,499,745
-519,559
| -17% | -$12M |
|
200
Old National Bancorp
ONB
$10.3B
| $58.9M | 0.03% |
3,485,386
-701,744
| -17% | -$10.5M |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.