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 |
Johnson & Johnson
JNJ
|
+$907M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Microsoft
MSFT
|
+$223M |
| 4 |
Amazon
AMZN
|
+$173M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$160M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$471M |
| 2 |
NVO
Novo Nordisk
NVO
|
+$177M |
| 3 |
AZPN
ASPEN TECHNOLOGY INC
AZPN
|
+$160M |
| 4 |
Petrobras
PBR
|
+$153M |
| 5 |
Adobe
ADBE
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.79% |
| 2 | Healthcare | 12.41% |
| 3 | Financials | 9.98% |
| 4 | Consumer Discretionary | 9.11% |
| 5 | Communication Services | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.9T
| $8.98B | 6.35% |
65,669,735
+1,719,927
| +3% | +$260M |
|
|
2
Microsoft
MSFT
$3.35T
| $7.37B | 5.22% |
28,694,382
+822,443
| +3% | +$223M |
|
|
3
Amazon
AMZN
$2.53T
| $5.17B | 3.66% |
48,642,501
+1,380,981
| +3% | +$173M |
|
4
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $4.75B | 3.36% |
59,382,884
+1,827,796
| +3% | +$149M |
|
|
5
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.56B | 3.23% |
41,875,380
+1,355,580
| +3% | +$160M |
|
6
Visa
V
$673B
| $2.68B | 1.9% |
13,632,880
+353,418
| +3% | +$73M |
|
7
Salesforce
CRM
$148B
| $2.59B | 1.83% |
15,674,961
+440,246
| +3% | +$77.8M |
|
8
Home Depot
HD
$332B
| $2.29B | 1.62% |
8,356,484
+221,621
| +3% | +$65.4M |
|
|
9
Adobe
ADBE
$98.5B
| $2.26B | 1.6% |
6,183,993
-358,557
| -5% | -$146M |
|
10
ASML
ASML
$634B
| $2.19B | 1.55% |
4,595,741
+150,028
| +3% | +$83.7M |
|
11
TSMC
TSM
$2.09T
| $2.15B | 1.52% |
26,323,153
+134,529
| +0.5% | +$12.4M |
|
12
American Express
AXP
$228B
| $2.13B | 1.51% |
15,355,219
-331,333
| -2% | -$54.7M |
|
13
Costco
COST
$423B
| $2.08B | 1.47% |
4,339,634
+118,379
| +3% | +$60.1M |
|
|
14
Eli Lilly
LLY
$1.03T
| $1.92B | 1.36% |
5,934,867
-1,569,338
| -21% | -$471M |
|
15
Advanced Micro Devices
AMD
$791B
| $1.92B | 1.36% |
25,143,103
+755,302
| +3% | +$70.7M |
|
16
Meta Platforms (Facebook)
META
$1.37T
| $1.87B | 1.32% |
11,581,740
+383,427
| +3% | +$74M |
|
17
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $1.72B | 1.22% |
15,603,176
-299,081
| -2% | -$33.8M |
|
18
Alibaba
BABA
$279B
| $1.65B | 1.16% |
14,479,152
+34,131
| +0.2% | +$3.35M |
|
|
NVO
19
Novo Nordisk
NVO
$228B
| $1.6B | 1.13% |
28,639,064
-3,183,140
| -10% | -$177M |
|
20
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.5B
| $1.57B | 1.11% |
47,521,330
+2,175,016
| +5% | +$73.7M |
|
21
Freeport-McMoran
FCX
$91.2B
| $1.52B | 1.08% |
52,067,916
+1,317,415
| +3% | +$52.7M |
|
22
Mastercard
MA
$510B
| $1.52B | 1.08% |
4,824,921
+164,477
| +4% | +$56.6M |
|
23
TotalEnergies
TTE
$193B
| $1.41B | 1% |
26,863,177
+812,418
| +3% | +$43.3M |
|
24
AstraZeneca
AZN
$266B
| $1.41B | 1% |
10,693,866
+272,443
| +3% | +$35.7M |
|
25
Caterpillar
CAT
$373B
| $1.34B | 0.95% |
7,503,268
+230,946
| +3% | +$48.7M |
|
Similar funds
Ken Fisher's Q2 2022 Portfolio in Review
As of Q2 2022, Ken Fisher held 1,196 positions worth $141B, down 17% from $169B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher's Q2 2022 filing shows 110 new, 483 increased, 318 reduced and 131 closed positions. Its largest new stake was Woodside Energy: 6,156,348 shares worth $133M. The largest sale was Eli Lilly, an estimated $471M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 29% a quarter earlier, followed by Healthcare and Financials.
- Ken Fisher's largest Q2 2022 buy was Woodside Energy: 6,156,348 shares worth $133M.
- Ken Fisher added most to Johnson & Johnson in Q2 2022, an estimated $907M increase.
- Ken Fisher's biggest Q2 2022 reduction was Eli Lilly, cutting an estimated $471M.
- Ken Fisher fully exited ASPEN TECHNOLOGY INC in Q2 2022, selling an estimated $160M.
- Ken Fisher's ten largest holdings make up 30% of its $141B portfolio in Q2 2022.
- Ken Fisher opened 110 new positions and closed 131 in Q2 2022.
- Ken Fisher's portfolio value fell 17% quarter-over-quarter to $141B.
Based on Fisher Asset Management's 13F filing for Q2 2022, filed 9 Aug 2022.