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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$558M |
| 2 |
Apple
AAPL
|
+$265M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
Amazon
AMZN
|
+$197M |
| 5 |
Visa
V
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COHR
Coherent Inc
COHR
|
+$86.3M |
| 2 |
TSMC
TSM
|
+$77.2M |
| 3 |
iShares MBS ETF
MBB
|
+$44.5M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$43.8M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.97% |
| 2 | Financials | 12.67% |
| 3 | Consumer Discretionary | 11.32% |
| 4 | Healthcare | 10.27% |
| 5 | Communication Services | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.9T
| $8.88B | 5.58% |
64,859,659
+2,045,740
| +3% | +$265M |
|
|
2
Microsoft
MSFT
$3.35T
| $6.72B | 4.22% |
24,813,270
+823,402
| +3% | +$209M |
|
|
3
Amazon
AMZN
$2.53T
| $6.45B | 4.05% |
37,501,940
+1,182,480
| +3% | +$197M |
|
|
4
Visa
V
$673B
| $5.53B | 3.47% |
23,646,481
+786,166
| +3% | +$180M |
|
|
5
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $4.84B | 3.04% |
50,919,438
+5,932,132
| +13% | +$558M |
|
6
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.35B | 2.73% |
35,597,900
+1,229,480
| +4% | +$144M |
|
7
Adobe
ADBE
$98.5B
| $3.63B | 2.28% |
6,206,330
+208,730
| +3% | +$108M |
|
8
PayPal
PYPL
$49.3B
| $3.37B | 2.12% |
11,576,650
+511,878
| +5% | +$135M |
|
9
Salesforce
CRM
$148B
| $3.28B | 2.06% |
13,420,800
+467,815
| +4% | +$108M |
|
10
Alibaba
BABA
$279B
| $3.2B | 2.01% |
14,129,399
+227,867
| +2% | +$50.6M |
|
|
11
TSMC
TSM
$2.09T
| $3.12B | 1.96% |
25,981,273
-658,898
| -2% | -$77.2M |
|
12
ASML
ASML
$634B
| $2.8B | 1.76% |
4,053,363
+92,657
| +2% | +$61.1M |
|
13
American Express
AXP
$228B
| $2.54B | 1.59% |
15,370,083
+185,909
| +1% | +$29.1M |
|
14
Home Depot
HD
$332B
| $2.33B | 1.46% |
7,293,597
+260,413
| +4% | +$82.8M |
|
15
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $2.17B | 1.36% |
16,164,467
+567,505
| +4% | +$74.8M |
|
16
Netflix
NFLX
$305B
| $2.1B | 1.32% |
39,834,210
+1,502,240
| +4% | +$76.8M |
|
17
Walt Disney
DIS
$167B
| $1.89B | 1.18% |
10,725,272
+381,103
| +4% | +$68.5M |
|
18
Walmart Inc
WMT
$884B
| $1.78B | 1.12% |
37,878,321
+1,233,891
| +3% | +$57.5M |
|
19
Intel
INTC
$460B
| $1.76B | 1.11% |
31,416,835
+1,221,696
| +4% | +$71.7M |
|
20
Meta Platforms (Facebook)
META
$1.37T
| $1.72B | 1.08% |
4,951,148
+199,889
| +4% | +$64.1M |
|
21
Freeport-McMoran
FCX
$91.2B
| $1.69B | 1.06% |
45,599,712
+1,301,128
| +3% | +$50.7M |
|
22
Mastercard
MA
$510B
| $1.56B | 0.98% |
4,274,730
+154,564
| +4% | +$57.5M |
|
23
Costco
COST
$423B
| $1.48B | 0.93% |
3,749,518
+118,039
| +3% | +$44.6M |
|
24
Caterpillar
CAT
$373B
| $1.45B | 0.91% |
6,643,352
+228,718
| +4% | +$52.8M |
|
25
Eli Lilly
LLY
$1.03T
| $1.38B | 0.87% |
6,010,313
+502,005
| +9% | +$101M |
|
Similar funds
Ken Fisher's Q2 2021 Portfolio in Review
As of Q2 2021, Ken Fisher held 1,100 positions worth $159B, up 12% from $142B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q2 2021, opening 101 new positions and adding to 388 existing holdings. Its largest new stake was Organon & Co: 967,460 shares worth $29.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was TSMC, an estimated $77.2M trimmed.
- Ken Fisher's largest Q2 2021 buy was Organon & Co: 967,460 shares worth $29.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2021, an estimated $558M increase.
- Ken Fisher's biggest Q2 2021 reduction was TSMC, cutting an estimated $77.2M.
- Ken Fisher fully exited Coherent Inc in Q2 2021, selling an estimated $86.3M.
- Ken Fisher's ten largest holdings make up 32% of its $159B portfolio in Q2 2021.
- Ken Fisher opened 101 new positions and closed 90 in Q2 2021.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $159B.
Based on Fisher Asset Management's 13F filing for Q2 2021, filed 27 Jul 2021.