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 | |
|---|---|---|---|---|---|---|
201
First American
FAF
$7.76B
| $65.8M | 0.04% |
841,001
-7,218
| -0.9% | -$539K |
|
202
Bank of America
BAC
$440B
| $64.4M | 0.04% |
1,448,601
-37,342
| -3% | -$1.7M |
|
203
Haemonetics
HAE
$3.88B
| $63.4M | 0.04% |
1,194,645
+91,752
| +8% | +$5.59M |
|
204
iShares US Financials ETF
IYF
$4.62B
| $59.5M | 0.03% |
686,579
+43,401
| +7% | +$3.78M |
|
205
ON Semiconductor
ON
$31.4B
| $59.3M | 0.03% |
872,838
-57,690
| -6% | -$3.27M |
|
206
Boston Beer
SAM
$1.92B
| $59.2M | 0.03% |
117,287
+18,407
| +19% | +$9.19M |
|
207
WIX.com
WIX
$2.79B
| $58.4M | 0.03% |
370,038
+624
| +0.2% | +$108K |
|
208
Knowles
KN
$3.45B
| $58.2M | 0.03% |
2,492,491
-35,470
| -1% | -$749K |
|
209
iShares US Medical Devices ETF
IHI
$3.36B
| $56.9M | 0.03% |
863,615
+52,929
| +7% | +$3.39M |
|
210
NETSCOUT
NTCT
$3.07B
| $56.9M | 0.03% |
1,718,990
-14,362
| -0.8% | -$436K |
|
211
BioCryst Pharmaceuticals
BCRX
$2.29B
| $56.7M | 0.03% |
4,097,052
+1,091,430
| +36% | +$14.4M |
|
212
Polaris
PII
$4.2B
| $55.9M | 0.03% |
508,397
-10,127
| -2% | -$1.19M |
|
213
iShares MBS ETF
MBB
$39.1B
| $55.1M | 0.03% |
512,682
+46,881
| +10% | +$5.05M |
|
214
Fair Isaac
FICO
$22.6B
| $55.1M | 0.03% |
126,944
-7,047
| -5% | -$2.8M |
|
215
iShares MSCI Japan ETF
EWJ
$22.4B
| $55M | 0.03% |
821,996
+16,891
| +2% | +$1.15M |
|
216
Rockwell Automation
ROK
$49.5B
| $54.1M | 0.03% |
154,950
+5,453
| +4% | +$1.81M |
|
217
Diageo
DEO
$48.8B
| $52.7M | 0.03% |
239,372
-69
| -0% | -$14.1K |
|
|
JHG
218
DELISTED
Janus Henderson
JHG
| $51.5M | 0.03% |
1,227,393
-9,041
| -0.7% | -$399K |
|
219
Wintrust Financial
WTFC
$11B
| $51.4M | 0.03% |
566,419
-5,282
| -0.9% | -$471K |
|
|
BHVN
220
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $51.3M | 0.03% |
372,538
+104,562
| +39% | +$13.3M |
|
|
DVAX
221
DELISTED
Dynavax Technologies
DVAX
| $50.7M | 0.03% |
3,605,779
+282,002
| +8% | +$4.64M |
|
222
Revolve Group
RVLV
$1.89B
| $50M | 0.03% |
891,657
+811,812
| +1,017% | +$57.1M |
|
223
Cummins
CMI
$87.8B
| $49.6M | 0.03% |
227,306
+102,005
| +81% | +$23.2M |
|
224
Shopify
SHOP
$160B
| $48.9M | 0.03% |
355,070
+148,370
| +72% | +$21.7M |
|
225
Vericel Corp
VCEL
$2.37B
| $48.6M | 0.03% |
1,236,675
+196,635
| +19% | +$8.62M |
|
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.