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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Home BancShares
HOMB
$6.27B
| $56.7M | 0.02% |
1,993,969
-131,820
| -6% | -$3.67M |
|
202
Huntington Bancshares
HBAN
$35.1B
| $56.2M | 0.02% |
3,351,087
+3,164,915
| +1,700% | +$47.8M |
|
203
APi Group
APG
$17.2B
| $55M | 0.02% |
1,617,381
-172,160
| -10% | -$4.93M |
|
204
Curtiss-Wright
CW
$27.6B
| $54.9M | 0.02% |
112,440
-718
| -0.6% | -$283K |
|
205
Pool Corp
POOL
$7.11B
| $54.6M | 0.02% |
187,442
-13,444
| -7% | -$4.07M |
|
206
Onto Innovation
ONTO
$13.4B
| $54.2M | 0.02% |
537,360
-46,092
| -8% | -$4.92M |
|
207
ATI
ATI
$26.4B
| $54.2M | 0.02% |
627,980
-23,512
| -4% | -$1.61M |
|
208
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $54.1M | 0.02% |
497,550
-395,736
| -44% | -$40.5M |
|
209
HUB Group
HUBG
$2.83B
| $53.8M | 0.02% |
1,610,461
-118,920
| -7% | -$3.99M |
|
210
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.6B
| $53.5M | 0.02% |
667,319
-38,970
| -6% | -$2.81M |
|
211
Applied Materials
AMAT
$411B
| $53.1M | 0.02% |
289,993
-132,220
| -31% | -$21M |
|
212
AbbVie
ABBV
$433B
| $52.6M | 0.02% |
283,580
-74,056
| -21% | -$13.8M |
|
213
ICICI Bank
IBN
$109B
| $51.6M | 0.02% |
1,534,110
-84,285
| -5% | -$2.79M |
|
214
Haemonetics
HAE
$3.94B
| $51.4M | 0.02% |
689,142
-45,401
| -6% | -$3.01M |
|
215
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $49.4M | 0.02% |
1,244,411
-60,105
| -5% | -$2.31M |
|
216
Xylem
XYL
$27.8B
| $49.2M | 0.02% |
380,261
+16,840
| +5% | +$2.04M |
|
217
VanEck Semiconductor ETF
SMH
$68.5B
| $48.3M | 0.02% |
173,139
-36,778
| -18% | -$8.53M |
|
218
ASE Group
ASX
$80.7B
| $48.2M | 0.02% |
4,662,068
-4,909,546
| -51% | -$45.8M |
|
219
Macerich
MAC
$7.34B
| $47.7M | 0.02% |
2,950,665
-268,853
| -8% | -$4.14M |
|
|
CADE
220
DELISTED
Cadence Bank
CADE
| $47.5M | 0.02% |
1,486,491
-112,830
| -7% | -$3.38M |
|
221
Columbia Banking Systems
COLB
$8.91B
| $46.8M | 0.02% |
2,002,014
-175,987
| -8% | -$4.08M |
|
222
Dick's Sporting Goods
DKS
$18B
| $46.5M | 0.02% |
235,158
+143,212
| +156% | +$26.5M |
|
223
KB Home
KBH
$3.45B
| $45.1M | 0.02% |
852,089
-1,401,209
| -62% | -$74.5M |
|
224
Nutanix
NTNX
$16.5B
| $45.1M | 0.02% |
589,781
-45,644
| -7% | -$3.29M |
|
225
Meritage Homes
MTH
$4.71B
| $45M | 0.02% |
671,307
-647,076
| -49% | -$42.9M |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.