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 | |
|---|---|---|---|---|---|---|
201
Qorvo
QRVO
$8.39B
| $60.7M | 0.04% |
670,104
+9,336
| +1% | +$843K |
|
|
PACW
202
DELISTED
PacWest Bancorp
PACW
| $59.5M | 0.04% |
2,593,934
+729,761
| +39% | +$17.7M |
|
203
Littelfuse
LFUS
$11.8B
| $58.9M | 0.04% |
267,594
-7,758
| -3% | -$1.73M |
|
204
Revolve Group
RVLV
$1.78B
| $58.7M | 0.04% |
2,637,604
+10,900
| +0.4% | +$262K |
|
205
Helen of Troy
HELE
$691M
| $58.2M | 0.04% |
525,165
+45,426
| +9% | +$4.42M |
|
|
ENV
206
DELISTED
ENVESTNET, INC.
ENV
| $58.2M | 0.04% |
942,948
+5,656
| +0.6% | +$301K |
|
207
Regal Rexnord
RRX
$12.5B
| $58M | 0.04% |
483,791
-16,308
| -3% | -$2.14M |
|
208
Wintrust Financial
WTFC
$11B
| $57.1M | 0.04% |
676,069
-23,923
| -3% | -$2.11M |
|
209
Rockwell Automation
ROK
$50.4B
| $57.1M | 0.04% |
221,778
+7,418
| +3% | +$1.86M |
|
|
JHG
210
DELISTED
Janus Henderson
JHG
| $56.3M | 0.04% |
2,395,747
+33,468
| +1% | +$785K |
|
|
AZPN
211
DELISTED
Aspen Technology Inc
AZPN
| $55.1M | 0.04% |
268,412
-123,169
| -31% | -$28.6M |
|
212
Artisan Partners
APAM
$3.03B
| $55M | 0.04% |
1,850,500
+25,877
| +1% | +$795K |
|
213
Charles River Laboratories
CRL
$12.5B
| $54.7M | 0.04% |
251,140
+10,381
| +4% | +$2.27M |
|
|
UMPQ
214
DELISTED
Umpqua Holdings Corp
UMPQ
| $53.6M | 0.04% |
3,005,307
-58,888
| -2% | -$1.11M |
|
215
iShares MBS ETF
MBB
$39.1B
| $52.4M | 0.04% |
565,093
+25,725
| +5% | +$2.37M |
|
216
iShares MSCI Japan ETF
EWJ
$22.6B
| $52.3M | 0.04% |
961,577
+27,894
| +3% | +$1.47M |
|
217
BioCryst Pharmaceuticals
BCRX
$2.28B
| $50.9M | 0.03% |
4,431,114
-732,731
| -14% | -$9.14M |
|
218
Veracyte
VCYT
$3.77B
| $49.5M | 0.03% |
2,085,604
+348,096
| +20% | +$8.09M |
|
219
Invesco NASDAQ Internet ETF
PNQI
$540M
| $48M | 0.03% |
2,138,700
+331,830
| +18% | +$7.65M |
|
|
TMHC
220
DELISTED
Taylor Morrison
TMHC
| $47.4M | 0.03% |
1,563,247
+1,439,201
| +1,160% | +$40.1M |
|
|
MZTI
221
The Marzetti Company
MZTI
$3.02B
| $47.1M | 0.03% |
238,930
+2,472
| +1% | +$470K |
|
222
iShares Core MSCI Europe ETF
IEUR
$9.1B
| $47M | 0.03% |
990,233
-60,940
| -6% | -$2.75M |
|
|
223
Marvell Technology
MRVL
$192B
| $46.9M | 0.03% |
1,266,330
-10,290,635
| -89% | -$420M |
|
224
Helmerich & Payne
HP
$3.38B
| $46.5M | 0.03% |
938,926
-73,763
| -7% | -$3.51M |
|
225
Vericel Corp
VCEL
$2.33B
| $46.4M | 0.03% |
1,760,522
+338,887
| +24% | +$8.07M |
|
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.