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 |
Meta Platforms (Facebook)
META
|
+$951M |
| 2 |
Advanced Micro Devices
AMD
|
+$589M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$418M |
| 4 |
Lam Research
LRCX
|
+$412M |
| 5 |
Microsoft
MSFT
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$1.24B |
| 2 |
Apple
AAPL
|
+$585M |
| 3 |
STMP
Stamps.com, Inc.
STMP
|
+$111M |
| 4 |
HRC
HILL-ROM HOLDINGS, INC.
HRC
|
+$87.8M |
| 5 |
TSMC
TSM
|
+$70.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.05% |
| 2 | Financials | 11.79% |
| 3 | Healthcare | 10.9% |
| 4 | Consumer Discretionary | 10.36% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.9T
| $8.62B | 5.35% |
60,885,408
-3,974,251
| -6% | -$585M |
|
|
2
Microsoft
MSFT
$3.35T
| $7.2B | 4.47% |
25,524,530
+711,260
| +3% | +$207M |
|
3
Amazon
AMZN
$2.53T
| $6.34B | 3.94% |
38,623,120
+1,121,180
| +3% | +$193M |
|
|
4
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $5.22B | 3.24% |
55,298,960
+4,379,522
| +9% | +$418M |
|
5
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.91B | 3.05% |
36,749,600
+1,151,700
| +3% | +$157M |
|
|
6
Visa
V
$673B
| $4.08B | 2.54% |
18,337,601
-5,308,880
| -22% | -$1.24B |
|
7
Salesforce
CRM
$148B
| $3.77B | 2.34% |
13,909,728
+488,928
| +4% | +$124M |
|
8
Adobe
ADBE
$98.5B
| $3.7B | 2.3% |
6,434,469
+228,139
| +4% | +$144M |
|
9
PayPal
PYPL
$49.3B
| $3.12B | 1.94% |
11,992,789
+416,139
| +4% | +$118M |
|
10
ASML
ASML
$634B
| $3.06B | 1.9% |
4,101,127
+47,764
| +1% | +$37.5M |
|
|
11
TSMC
TSM
$2.09T
| $2.83B | 1.76% |
25,379,575
-601,698
| -2% | -$70.6M |
|
12
American Express
AXP
$228B
| $2.62B | 1.63% |
15,624,335
+254,252
| +2% | +$42.5M |
|
|
13
Meta Platforms (Facebook)
META
$1.37T
| $2.58B | 1.6% |
7,590,677
+2,639,529
| +53% | +$951M |
|
14
Netflix
NFLX
$305B
| $2.54B | 1.58% |
41,605,850
+1,771,640
| +4% | +$97.5M |
|
15
Home Depot
HD
$332B
| $2.46B | 1.53% |
7,484,008
+190,411
| +3% | +$62.5M |
|
16
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $2.17B | 1.35% |
16,295,529
+131,062
| +0.8% | +$17.7M |
|
17
Alibaba
BABA
$279B
| $2.1B | 1.31% |
14,211,000
+81,601
| +0.6% | +$14.8M |
|
18
Walt Disney
DIS
$167B
| $1.88B | 1.17% |
11,105,472
+380,200
| +4% | +$67.8M |
|
19
Walmart Inc
WMT
$884B
| $1.82B | 1.13% |
39,073,341
+1,195,020
| +3% | +$57.6M |
|
20
Costco
COST
$423B
| $1.75B | 1.08% |
3,887,213
+137,695
| +4% | +$60.5M |
|
21
Intel
INTC
$460B
| $1.73B | 1.08% |
32,484,502
+1,067,667
| +3% | +$57.9M |
|
|
22
Advanced Micro Devices
AMD
$791B
| $1.62B | 1.01% |
15,779,331
+5,757,675
| +57% | +$589M |
|
|
NVO
23
Novo Nordisk
NVO
$228B
| $1.55B | 0.96% |
32,351,078
+187,104
| +0.6% | +$9.05M |
|
24
Mastercard
MA
$510B
| $1.53B | 0.95% |
4,406,951
+132,221
| +3% | +$48.1M |
|
25
Freeport-McMoran
FCX
$91.2B
| $1.53B | 0.95% |
46,988,924
+1,389,212
| +3% | +$48.9M |
|
Similar funds
Ken Fisher's Q3 2021 Portfolio in Review
As of Q3 2021, Ken Fisher held 1,103 positions worth $161B, up 1.1% from $159B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q3 2021 filing shows 93 new, 444 increased, 375 reduced and 75 closed positions. Its largest new stake was Biohaven Pharmaceutical Holding Company Ltd.: 267,976 shares worth $37.2M. The largest sale was Visa, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2021 buy was Biohaven Pharmaceutical Holding Company Ltd.: 267,976 shares worth $37.2M.
- Ken Fisher added most to Meta Platforms (Facebook) in Q3 2021, an estimated $951M increase.
- Ken Fisher's biggest Q3 2021 reduction was Visa, cutting an estimated $1.24B.
- Ken Fisher fully exited Stamps.com, Inc. in Q3 2021, selling an estimated $111M.
- Ken Fisher's ten largest holdings make up 31% of its $161B portfolio in Q3 2021.
- Ken Fisher opened 93 new positions and closed 75 in Q3 2021.
- Ken Fisher's portfolio value rose 1.1% quarter-over-quarter to $161B.
Based on Fisher Asset Management's 13F filing for Q3 2021, filed 26 Oct 2021.