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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
iShares MSCI Japan ETF
EWJ
$22.7B
| $61.8M | 0.04% |
1,025,247
-1,671
| -0.2% | -$103K |
|
202
Old National Bancorp
ONB
$10.3B
| $60.9M | 0.03% |
4,187,130
+928,643
| +28% | +$14.4M |
|
203
SouthState Bank Corp
SSB
$10.6B
| $60.7M | 0.03% |
901,226
+148,928
| +20% | +$10.7M |
|
204
iShares US Transportation ETF
IYT
$2.27B
| $59.7M | 0.03% |
1,021,956
-778,744
| -43% | -$48.7M |
|
205
Qorvo
QRVO
$8.44B
| $59.6M | 0.03% |
624,070
-2,997
| -0.5% | -$306K |
|
206
Abercrombie & Fitch
ANF
$4.93B
| $59.3M | 0.03% |
1,052,143
+29,447
| +3% | +$1.31M |
|
|
JHG
207
DELISTED
Janus Henderson
JHG
| $58.7M | 0.03% |
2,271,659
-60,153
| -3% | -$1.64M |
|
208
Delek US
DK
$3.66B
| $57.4M | 0.03% |
2,020,761
+714,010
| +55% | +$19.3M |
|
209
Helen of Troy
HELE
$680M
| $57.4M | 0.03% |
492,063
-16,679
| -3% | -$2.08M |
|
210
Paycom
PAYC
$9.99B
| $55.3M | 0.03% |
213,357
-4
| -0% | -$1.22K |
|
211
Azenta
AZTA
$1.42B
| $54.4M | 0.03% |
1,083,581
-28,288
| -3% | -$1.42M |
|
212
Yelp
YELP
$1.39B
| $53M | 0.03% |
1,274,662
+12,401
| +1% | +$522K |
|
213
East-West Bancorp
EWBC
$18.2B
| $52.6M | 0.03% |
997,942
-16,327
| -2% | -$918K |
|
214
Invesco
IVZ
$14.2B
| $51.2M | 0.03% |
3,529,315
+306,199
| +10% | +$4.93M |
|
215
Goodyear
GT
$1.96B
| $51.2M | 0.03% |
4,117,244
-143,574
| -3% | -$1.95M |
|
216
United Microelectronic
UMC
$48.5B
| $50M | 0.03% |
7,086,897
-113,475
| -2% | -$822K |
|
217
Evercore
EVR
$12.3B
| $49.8M | 0.03% |
361,266
-21,203
| -6% | -$2.88M |
|
218
iShares Global Consumer Staples ETF
KXI
$1.07B
| $49.5M | 0.03% |
868,073
+835,555
| +2,570% | +$50.4M |
|
|
MRO
219
DELISTED
Marathon Oil Corporation
MRO
| $49.5M | 0.03% |
1,848,733
-2,777,989
| -60% | -$71.8M |
|
220
Ovintiv
OVV
$16.4B
| $48.8M | 0.03% |
1,024,833
+690,741
| +207% | +$31.3M |
|
221
Range Resources
RRC
$8.95B
| $48.3M | 0.03% |
1,491,565
+157,479
| +12% | +$4.93M |
|
222
Wintrust Financial
WTFC
$10.8B
| $48.3M | 0.03% |
640,086
-13,390
| -2% | -$1.05M |
|
223
Invesco KBW Bank ETF
KBWB
$6.91B
| $48.1M | 0.03% |
1,200,256
+1,085,719
| +948% | +$46.3M |
|
224
Boston Beer
SAM
$1.92B
| $48M | 0.03% |
123,165
-5,982
| -5% | -$2.1M |
|
225
Raymond James Financial
RJF
$34.5B
| $47.8M | 0.03% |
476,383
-2,064
| -0.4% | -$218K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.