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 |
Shell
SHEL
|
+$1.04B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$896M |
| 3 |
BHP
BHP
|
+$620M |
| 4 |
Amazon
AMZN
|
+$608M |
| 5 |
NVIDIA
NVDA
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$813M |
| 2 |
Walt Disney
DIS
|
+$667M |
| 3 |
Intel
INTC
|
+$658M |
| 4 |
UnitedHealth
UNH
|
+$649M |
| 5 |
Cisco
CSCO
|
+$646M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.43% |
| 2 | Healthcare | 10.84% |
| 3 | Financials | 9.96% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Communication Services | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.9T
| $11.2B | 6.59% |
63,949,808
-32,296
| -0.1% | -$5.43M |
|
2
Microsoft
MSFT
$3.35T
| $8.59B | 5.07% |
27,871,939
+1,027,207
| +4% | +$309M |
|
|
3
Amazon
AMZN
$2.53T
| $7.7B | 4.55% |
47,261,520
+3,935,160
| +9% | +$608M |
|
4
Alphabet (Google) Class A
GOOGL
$4.08T
| $5.63B | 3.32% |
40,519,800
+1,660,860
| +4% | +$226M |
|
5
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $4.95B | 2.92% |
57,555,088
-2,782,537
| -5% | -$247M |
|
6
Salesforce
CRM
$148B
| $3.23B | 1.91% |
15,234,715
+669,616
| +5% | +$144M |
|
7
Adobe
ADBE
$98.5B
| $2.98B | 1.76% |
6,542,550
-196,910
| -3% | -$94.7M |
|
8
ASML
ASML
$634B
| $2.97B | 1.75% |
4,445,713
+170,909
| +4% | +$114M |
|
9
Visa
V
$673B
| $2.94B | 1.74% |
13,279,462
-2,220,540
| -14% | -$480M |
|
10
American Express
AXP
$228B
| $2.93B | 1.73% |
15,686,552
-59,415
| -0.4% | -$10.7M |
|
11
TSMC
TSM
$2.09T
| $2.73B | 1.61% |
26,188,624
+251,551
| +1% | +$29.4M |
|
12
Advanced Micro Devices
AMD
$791B
| $2.67B | 1.57% |
24,387,801
+4,431,251
| +22% | +$529M |
|
13
Freeport-McMoran
FCX
$91.2B
| $2.52B | 1.49% |
50,750,501
+1,897,056
| +4% | +$84M |
|
14
Meta Platforms (Facebook)
META
$1.37T
| $2.49B | 1.47% |
11,198,313
+1,613,796
| +17% | +$403M |
|
15
Home Depot
HD
$332B
| $2.44B | 1.44% |
8,134,863
+303,885
| +4% | +$105M |
|
16
Costco
COST
$423B
| $2.43B | 1.43% |
4,221,255
+150,655
| +4% | +$79.1M |
|
17
Netflix
NFLX
$305B
| $2.38B | 1.4% |
63,560,940
+9,302,900
| +17% | +$387M |
|
18
Eli Lilly
LLY
$1.03T
| $2.15B | 1.27% |
7,504,205
+521,295
| +7% | +$134M |
|
|
19
NVIDIA
NVDA
$4.72T
| $2B | 1.18% |
73,283,720
+22,129,410
| +43% | +$555M |
|
20
PayPal
PYPL
$49.3B
| $1.94B | 1.14% |
16,777,545
+2,308,557
| +16% | +$307M |
|
21
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $1.92B | 1.13% |
15,902,257
-782,515
| -5% | -$97.6M |
|
|
NVO
22
Novo Nordisk
NVO
$228B
| $1.77B | 1.04% |
31,822,204
-55,658
| -0.2% | -$2.86M |
|
|
23
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.5B
| $1.71B | 1.01% |
45,346,314
+22,750,930
| +101% | +$896M |
|
24
Mastercard
MA
$510B
| $1.67B | 0.98% |
4,660,444
+165,070
| +4% | +$59.3M |
|
25
Caterpillar
CAT
$373B
| $1.62B | 0.96% |
7,272,322
+268,133
| +4% | +$56.2M |
|
Similar funds
Ken Fisher's Q1 2022 Portfolio in Review
As of Q1 2022, Ken Fisher held 1,181 positions worth $169B, down 5.1% from $179B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher deployed $5.41B of net new capital in Q1 2022, opening 114 new positions and adding to 450 existing holdings. Its largest new stake was Shell: 19,596,216 shares worth $1.08B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $667M trimmed.
- Ken Fisher's largest Q1 2022 buy was Shell: 19,596,216 shares worth $1.08B.
- Ken Fisher added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2022, an estimated $896M increase.
- Ken Fisher's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $667M.
- Ken Fisher fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $813M.
- Ken Fisher's ten largest holdings make up 31% of its $169B portfolio in Q1 2022.
- Ken Fisher opened 114 new positions and closed 95 in Q1 2022.
- Ken Fisher's portfolio value fell 5.1% quarter-over-quarter to $169B.
Based on Fisher Asset Management's 13F filing for Q1 2022, filed 5 May 2022.