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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Vishay Intertechnology
VSH
$5.16B
| $69.4M | 0.04% |
3,069,052
-265,699
| -8% | -$5.84M |
|
202
HUB Group
HUBG
$2.8B
| $68.6M | 0.04% |
1,635,380
-71,050
| -4% | -$3.1M |
|
203
Littelfuse
LFUS
$11.8B
| $68.2M | 0.04% |
254,361
-13,233
| -5% | -$3.4M |
|
204
Pool Corp
POOL
$7.37B
| $67.2M | 0.04% |
196,166
-7,996
| -4% | -$2.84M |
|
|
CALY
205
Callaway Golf Company
CALY
$3.18B
| $66.3M | 0.04% |
3,065,054
-149,135
| -5% | -$3.38M |
|
206
Revolve Group
RVLV
$1.75B
| $65.9M | 0.04% |
2,507,449
-130,155
| -5% | -$3.36M |
|
207
Qorvo
QRVO
$8.42B
| $65.1M | 0.04% |
641,337
-28,767
| -4% | -$2.92M |
|
208
Regal Rexnord
RRX
$12B
| $64.6M | 0.04% |
457,744
-26,047
| -5% | -$3.77M |
|
209
Invesco NASDAQ Internet ETF
PNQI
$539M
| $64.5M | 0.04% |
2,290,215
+151,515
| +7% | +$3.97M |
|
210
Banco Bradesco
BBD
$37.5B
| $64.5M | 0.04% |
24,590,397
+1,648,728
| +7% | +$4.39M |
|
211
State Street SPDR S&P Retail ETF
XRT
$325M
| $62.7M | 0.04% |
+989,379
| New | +$65M |
|
|
GAP
212
The Gap Inc
GAP
$7.4B
| $60.7M | 0.04% |
6,041,708
-128,944
| -2% | -$1.57M |
|
|
JHG
213
DELISTED
Janus Henderson
JHG
| $60.1M | 0.04% |
2,256,317
-139,430
| -6% | -$3.71M |
|
214
iShares MSCI Japan ETF
EWJ
$22.6B
| $58.3M | 0.04% |
993,130
+31,553
| +3% | +$1.8M |
|
215
Herc Holdings
HRI
$5.57B
| $57.5M | 0.03% |
504,881
-12,755
| -2% | -$1.76M |
|
|
TMHC
216
DELISTED
Taylor Morrison
TMHC
| $57.2M | 0.03% |
1,495,692
-67,555
| -4% | -$2.37M |
|
217
East-West Bancorp
EWBC
$18.2B
| $56M | 0.03% |
1,009,136
-55,327
| -5% | -$3.82M |
|
218
Artisan Partners
APAM
$3.03B
| $55.7M | 0.03% |
1,742,299
-108,201
| -6% | -$3.63M |
|
219
United Microelectronic
UMC
$48.1B
| $54.4M | 0.03% |
6,214,114
+3,623,775
| +140% | +$29.4M |
|
|
ENV
220
DELISTED
ENVESTNET, INC.
ENV
| $52.6M | 0.03% |
897,169
-45,779
| -5% | -$2.84M |
|
221
Sally Beauty Holdings
SBH
$1.51B
| $51.7M | 0.03% |
3,321,022
-170,593
| -5% | -$2.65M |
|
222
Adient
ADNT
$1.53B
| $50.7M | 0.03% |
1,236,944
-14,987
| -1% | -$626K |
|
223
Invesco
IVZ
$14.1B
| $50.6M | 0.03% |
+3,085,457
| New | +$55.1M |
|
224
Vericel Corp
VCEL
$2.28B
| $50.3M | 0.03% |
1,714,567
-45,955
| -3% | -$1.33M |
|
225
Azenta
AZTA
$1.42B
| $49.2M | 0.03% |
1,102,630
-53,846
| -5% | -$2.67M |
|
Similar funds
Ken Fisher's Q1 2023 Portfolio in Review
As of Q1 2023, Ken Fisher held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Ken Fisher added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Ken Fisher's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Ken Fisher fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Ken Fisher's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Ken Fisher opened 183 new positions and closed 73 in Q1 2023.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.