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 | |
|---|---|---|---|---|---|---|
201
Eaton
ETN
$161B
| $61.5M | 0.03% |
196,173
+14,402
| +8% | +$4.65M |
|
|
JHG
202
DELISTED
Janus Henderson
JHG
| $61.5M | 0.03% |
1,823,174
-8,001
| -0.4% | -$262K |
|
203
Qorvo
QRVO
$7.99B
| $60.8M | 0.03% |
523,733
-8,604
| -2% | -$916K |
|
204
Vanguard Long-Term Treasury ETF
VGLT
$10B
| $60.6M | 0.03% |
1,051,464
+1,031,108
| +5,065% | +$59M |
|
205
Vishay Intertechnology
VSH
$5.25B
| $58.1M | 0.03% |
2,606,820
+123,929
| +5% | +$2.8M |
|
206
iShares US Transportation ETF
IYT
$2.26B
| $57.6M | 0.03% |
879,745
-53,355
| -6% | -$3.5M |
|
207
Haemonetics
HAE
$3.89B
| $57.3M | 0.02% |
693,054
-4,986
| -0.7% | -$439K |
|
208
MKS Inc
MKSI
$20.1B
| $56.1M | 0.02% |
429,502
-5,863
| -1% | -$740K |
|
209
Littelfuse
LFUS
$11.2B
| $55.5M | 0.02% |
217,195
+3,188
| +1% | +$789K |
|
210
Texas Instruments
TXN
$252B
| $55.2M | 0.02% |
283,512
+74,978
| +36% | +$13.9M |
|
211
Herc Holdings
HRI
$5.02B
| $55M | 0.02% |
412,322
+745
| +0.2% | +$110K |
|
212
Patterson-UTI
PTEN
$3.98B
| $54.8M | 0.02% |
5,286,683
+339,896
| +7% | +$3.73M |
|
213
Regal Rexnord
RRX
$13.7B
| $54.5M | 0.02% |
402,783
+36,411
| +10% | +$5.66M |
|
214
Raymond James Financial
RJF
$33.8B
| $54.4M | 0.02% |
440,396
+20,554
| +5% | +$2.54M |
|
215
Murphy Oil
MUR
$5.7B
| $53.5M | 0.02% |
1,297,425
+158,808
| +14% | +$6.92M |
|
216
Old National Bancorp
ONB
$10.2B
| $53.2M | 0.02% |
3,095,385
+20,979
| +0.7% | +$349K |
|
217
Pfizer
PFE
$143B
| $53.2M | 0.02% |
1,900,831
-2,394
| -0.1% | -$65.9K |
|
218
Xylem
XYL
$27.3B
| $52.8M | 0.02% |
389,355
-8,362
| -2% | -$1.14M |
|
219
SouthState Bank Corp
SSB
$10.2B
| $52.5M | 0.02% |
686,358
-3,910
| -0.6% | -$303K |
|
220
KLA
KLAC
$239B
| $52.2M | 0.02% |
632,990
+209,000
| +49% | +$15.4M |
|
221
SLB Ltd
SLB
$73.6B
| $51.9M | 0.02% |
1,099,748
+345,311
| +46% | +$16.7M |
|
222
Helmerich & Payne
HP
$3.45B
| $50.6M | 0.02% |
1,399,392
+96,327
| +7% | +$3.7M |
|
223
Kennametal
KMT
$2.59B
| $50.4M | 0.02% |
2,139,987
+9,539
| +0.4% | +$234K |
|
224
Pool Corp
POOL
$6.75B
| $50.3M | 0.02% |
163,824
+2,551
| +2% | +$924K |
|
225
East-West Bancorp
EWBC
$17.9B
| $50.1M | 0.02% |
684,615
+2,674
| +0.4% | +$198K |
|
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.