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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Macerich
MAC
$6.66B
| $55.3M | 0.02% |
3,219,518
-76,035
| -2% | -$1.45M |
|
202
Medpace
MEDP
$16.3B
| $54.4M | 0.02% |
178,592
-4,761
| -3% | -$1.6M |
|
203
Columbia Banking Systems
COLB
$8.78B
| $54.3M | 0.02% |
2,178,001
+390,995
| +22% | +$10.4M |
|
204
Marvell Technology
MRVL
$189B
| $53.9M | 0.02% |
875,120
-743,821
| -46% | -$72.2M |
|
205
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $52.4M | 0.02% |
909,875
-113,748
| -11% | -$6.41M |
|
206
Wintrust Financial
WTFC
$10.7B
| $51.9M | 0.02% |
461,432
+54,740
| +13% | +$6.76M |
|
207
Regal Rexnord
RRX
$11.9B
| $51.4M | 0.02% |
451,789
+67,150
| +17% | +$9.33M |
|
208
ICICI Bank
IBN
$109B
| $51M | 0.02% |
1,618,395
-135,087
| -8% | -$3.92M |
|
209
Flowserve
FLS
$10B
| $50.8M | 0.02% |
1,039,415
+294,011
| +39% | +$16.7M |
|
210
Abercrombie & Fitch
ANF
$4.91B
| $50.4M | 0.02% |
660,212
-41,586
| -6% | -$4.48M |
|
211
Kennametal
KMT
$2.58B
| $49.6M | 0.02% |
2,330,394
+344,307
| +17% | +$7.82M |
|
212
Royal Bank of Canada
RY
$294B
| $48.9M | 0.02% |
434,251
+2,148
| +0.5% | +$253K |
|
213
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $48.9M | 0.02% |
+1,304,516
| New | +$47.2M |
|
|
CADE
214
DELISTED
Cadence Bank
CADE
| $48.6M | 0.02% |
1,599,321
-56,526
| -3% | -$1.87M |
|
215
Helmerich & Payne
HP
$3.7B
| $48.4M | 0.02% |
1,851,549
+437,800
| +31% | +$12.7M |
|
216
Nike
NKE
$62.3B
| $48.3M | 0.02% |
761,345
-9,513,444
| -93% | -$700M |
|
217
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $48.1M | 0.02% |
706,289
-103,120
| -13% | -$7.7M |
|
218
SLB Ltd
SLB
$76.5B
| $47.8M | 0.02% |
1,144,005
-24,045
| -2% | -$985K |
|
219
Haemonetics
HAE
$3.86B
| $46.7M | 0.02% |
734,543
+22,769
| +3% | +$1.55M |
|
220
MYR Group
MYRG
$5.16B
| $44.8M | 0.02% |
396,051
+352,051
| +800% | +$46.8M |
|
221
VanEck Semiconductor ETF
SMH
$71.8B
| $44.4M | 0.02% |
209,917
-423,186
| -67% | -$101M |
|
222
Nutanix
NTNX
$16.3B
| $44.4M | 0.02% |
635,425
+311
| +0% | +$21.5K |
|
223
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $43.8M | 0.02% |
1,453,994
+5,166
| +0.4% | +$155K |
|
224
Patterson-UTI
PTEN
$3.83B
| $43.6M | 0.02% |
5,302,142
+266,271
| +5% | +$2.23M |
|
225
Xylem
XYL
$28.2B
| $43.4M | 0.02% |
363,421
-50,567
| -12% | -$6.27M |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.