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 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$1.39B |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$1.07B |
| 3 |
Walmart Inc
WMT
|
+$1B |
| 4 |
Blackrock
BLK
|
+$996M |
| 5 |
Starbucks
SBUX
|
+$813M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.12B |
| 2 |
Visa
V
|
+$1.06B |
| 3 |
Apple
AAPL
|
+$1.02B |
| 4 |
Alibaba
BABA
|
+$983M |
| 5 |
Costco
COST
|
+$931M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Financials | 11.9% |
| 3 | Healthcare | 9.86% |
| 4 | Consumer Discretionary | 9.75% |
| 5 | Communication Services | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.9T
| $8.18B | 6.13% |
59,176,198
-6,493,537
| -10% | -$1.02B |
|
2
Microsoft
MSFT
$3.35T
| $6.76B | 5.07% |
29,016,805
+322,423
| +1% | +$85.1M |
|
3
Amazon
AMZN
$2.53T
| $5.64B | 4.23% |
49,895,319
+1,252,818
| +3% | +$158M |
|
4
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.06B | 3.05% |
42,474,883
+599,503
| +1% | +$66.5M |
|
|
5
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $3.44B | 2.58% |
45,430,608
-13,952,276
| -23% | -$1.12B |
|
6
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $2.26B | 1.69% |
22,050,661
+6,447,485
| +41% | +$711M |
|
7
Home Depot
HD
$332B
| $2.25B | 1.69% |
8,167,617
-188,867
| -2% | -$55.7M |
|
8
American Express
AXP
$228B
| $2.03B | 1.52% |
15,038,787
-316,432
| -2% | -$47.9M |
|
9
ASML
ASML
$634B
| $1.95B | 1.46% |
4,693,917
+98,176
| +2% | +$49.2M |
|
10
Salesforce
CRM
$148B
| $1.83B | 1.37% |
12,725,963
-2,948,998
| -19% | -$500M |
|
11
TSMC
TSM
$2.09T
| $1.72B | 1.29% |
25,126,168
-1,196,985
| -5% | -$98.9M |
|
12
Meta Platforms (Facebook)
META
$1.37T
| $1.6B | 1.2% |
11,826,476
+244,736
| +2% | +$39.7M |
|
13
Netflix
NFLX
$305B
| $1.57B | 1.18% |
66,862,750
+1,379,720
| +2% | +$30.6M |
|
14
PayPal
PYPL
$49.3B
| $1.52B | 1.14% |
17,668,310
+338,368
| +2% | +$30M |
|
|
15
Visa
V
$673B
| $1.5B | 1.12% |
8,433,282
-5,199,598
| -38% | -$1.06B |
|
16
NVIDIA
NVDA
$4.72T
| $1.47B | 1.1% |
121,071,300
+45,159,440
| +59% | +$714M |
|
17
Morgan Stanley
MS
$330B
| $1.46B | 1.09% |
18,416,436
+7,514,505
| +69% | +$633M |
|
18
Freeport-McMoran
FCX
$91.2B
| $1.45B | 1.09% |
53,167,066
+1,099,150
| +2% | +$32.2M |
|
19
Adobe
ADBE
$98.5B
| $1.42B | 1.06% |
5,142,337
-1,041,656
| -17% | -$394M |
|
20
Goldman Sachs
GS
$302B
| $1.39B | 1.04% |
4,743,628
+1,456,801
| +44% | +$472M |
|
21
Eli Lilly
LLY
$1.03T
| $1.26B | 0.95% |
3,903,437
-2,031,430
| -34% | -$644M |
|
22
Advanced Micro Devices
AMD
$791B
| $1.23B | 0.92% |
19,394,339
-5,748,764
| -23% | -$489M |
|
|
23
iShares Expanded Tech-Software Sector ETF
IGV
$12.5B
| $1.23B | 0.92% |
24,509,705
+24,370,205
| +17,470% | +$1.39B |
|
|
24
Costco
COST
$423B
| $1.2B | 0.9% |
2,549,014
-1,790,620
| -41% | -$931M |
|
25
Caterpillar
CAT
$373B
| $1.2B | 0.9% |
7,290,448
-212,820
| -3% | -$38.9M |
|
Similar funds
Ken Fisher's Q3 2022 Portfolio in Review
As of Q3 2022, Ken Fisher held 1,176 positions worth $133B, down 5.6% from $141B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ken Fisher's Q3 2022 filing shows 111 new, 332 increased, 452 reduced and 98 closed positions. Its largest new stake was Charles Schwab: 15,433,332 shares worth $1.11B. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.12B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2022 buy was Charles Schwab: 15,433,332 shares worth $1.11B.
- Ken Fisher added most to iShares Expanded Tech-Software Sector ETF in Q3 2022, an estimated $1.39B increase.
- Ken Fisher's biggest Q3 2022 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.12B.
- Ken Fisher fully exited Atlas Air Worldwide Holdings, Inc. in Q3 2022, selling an estimated $22.2M.
- Ken Fisher's ten largest holdings make up 29% of its $133B portfolio in Q3 2022.
- Ken Fisher opened 111 new positions and closed 98 in Q3 2022.
- Ken Fisher's portfolio value fell 5.6% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q3 2022, filed 8 Nov 2022.