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 | |
|---|---|---|---|---|---|---|
|
176
Vanguard Information Technology ETF
VGT
$142B
| $86.1M | 0.04% |
1,194,096
-4,377,160
| -79% | -$291M |
|
177
Veralto
VLTO
$23.1B
| $85.4M | 0.04% |
894,483
-94,220
| -10% | -$9.01M |
|
|
GTLS
178
DELISTED
Chart Industries
GTLS
| $83.6M | 0.04% |
579,305
-6,975
| -1% | -$1.05M |
|
179
iShares Core US Aggregate Bond ETF
AGG
$137B
| $83M | 0.04% |
854,911
+16,264
| +2% | +$1.57M |
|
180
Urban Outfitters
URBN
$6.59B
| $82.6M | 0.04% |
2,011,397
+284,821
| +16% | +$11.7M |
|
181
Pinduoduo
PDD
$128B
| $81.5M | 0.04% |
612,966
-55,544
| -8% | -$7.52M |
|
|
MRO
182
DELISTED
Marathon Oil Corporation
MRO
| $77.8M | 0.03% |
2,712,701
+199,862
| +8% | +$5.54M |
|
183
Woodside Energy
WDS
$43.2B
| $75.3M | 0.03% |
4,001,933
-603,408
| -13% | -$11.2M |
|
184
State Street SPDR S&P Retail ETF
XRT
$329M
| $74.3M | 0.03% |
991,178
-45,137
| -4% | -$3.37M |
|
185
MSCI
MSCI
$41.8B
| $74M | 0.03% |
153,669
-28,039
| -15% | -$13.9M |
|
186
Mitsubishi UFJ Financial
MUFG
$255B
| $73.3M | 0.03% |
6,785,901
-29,231
| -0.4% | -$296K |
|
187
HEICO Corp
HEI
$50.1B
| $70.4M | 0.03% |
314,785
+33,720
| +12% | +$7.12M |
|
188
Insulet
PODD
$11.7B
| $70.2M | 0.03% |
347,987
+1,188
| +0.3% | +$214K |
|
189
Synaptics
SYNA
$4.18B
| $70.1M | 0.03% |
795,239
-9,397
| -1% | -$851K |
|
190
United Microelectronic
UMC
$46.7B
| $67.2M | 0.03% |
7,667,305
-243,561
| -3% | -$2.01M |
|
191
Invesco
IVZ
$13.4B
| $66.6M | 0.03% |
4,453,508
+280,717
| +7% | +$4.32M |
|
192
Lazard
LAZ
$4.17B
| $66.2M | 0.03% |
1,734,556
+85,544
| +5% | +$3.34M |
|
193
ZTO Express
ZTO
$18.7B
| $65.7M | 0.03% |
+3,166,868
| New | +$69.2M |
|
194
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.6B
| $65.6M | 0.03% |
938,624
-103,275
| -10% | -$6.76M |
|
195
Artisan Partners
APAM
$2.93B
| $64.1M | 0.03% |
1,552,961
-9,431
| -0.6% | -$407K |
|
196
iShares MSCI Japan ETF
EWJ
$22B
| $63.2M | 0.03% |
926,475
-37,583
| -4% | -$2.57M |
|
197
Evercore
EVR
$12.2B
| $62.9M | 0.03% |
301,853
-5,896
| -2% | -$1.15M |
|
|
TMHC
198
DELISTED
Taylor Morrison
TMHC
| $62.3M | 0.03% |
1,123,811
+84,981
| +8% | +$4.86M |
|
199
McDonald's
MCD
$191B
| $62.2M | 0.03% |
244,005
+213,155
| +691% | +$56.5M |
|
200
HUB Group
HUBG
$2.8B
| $61.7M | 0.03% |
1,433,050
-4,708
| -0.3% | -$199K |
|
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.