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 7-10 Year Treasury Bond ETF
IEF
|
+$2.06B |
| 2 |
JPMorgan Chase
JPM
|
+$852M |
| 3 |
ConocoPhillips
COP
|
+$511M |
| 4 |
NVIDIA
NVDA
|
+$388M |
| 5 |
Microsoft
MSFT
|
+$272M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.32B |
| 2 |
Ford
F
|
+$765M |
| 3 |
Walt Disney
DIS
|
+$721M |
| 4 |
General Motors
GM
|
+$216M |
| 5 |
NXP Semiconductors
NXPI
|
+$130M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.7% |
| 2 | Financials | 12.38% |
| 3 | Healthcare | 9.97% |
| 4 | Consumer Discretionary | 8.89% |
| 5 | Industrials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.9T
| $13.7B | 5.6% |
58,615,053
+1,112,033
| +2% | +$248M |
|
|
2
Microsoft
MSFT
$3.35T
| $12B | 4.92% |
27,904,450
+636,713
| +2% | +$272M |
|
|
3
NVIDIA
NVDA
$4.72T
| $11.7B | 4.81% |
96,720,707
+3,283,380
| +4% | +$388M |
|
4
Amazon
AMZN
$2.53T
| $8.32B | 3.41% |
44,653,571
+873,174
| +2% | +$159M |
|
5
Alphabet (Google) Class A
GOOGL
$4.08T
| $8.27B | 3.39% |
49,857,900
+1,237,385
| +3% | +$208M |
|
6
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $7.41B | 3.04% |
88,494,611
-1,341,509
| -1% | -$110M |
|
7
TSMC
TSM
$2.09T
| $5B | 2.05% |
28,767,106
+359,854
| +1% | +$61.3M |
|
8
Eli Lilly
LLY
$1.03T
| $4.48B | 1.84% |
5,058,101
+169,391
| +3% | +$152M |
|
|
9
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $4.09B | 1.67% |
41,653,513
+21,282,662
| +104% | +$2.06B |
|
10
Broadcom
AVGO
$1.85T
| $4.04B | 1.66% |
23,422,781
+875,921
| +4% | +$140M |
|
11
Advanced Micro Devices
AMD
$791B
| $3.9B | 1.6% |
23,795,236
+644,039
| +3% | +$97.9M |
|
12
Walmart Inc
WMT
$884B
| $3.85B | 1.58% |
47,659,844
+2,107,197
| +5% | +$155M |
|
13
Home Depot
HD
$332B
| $3.82B | 1.57% |
9,426,649
+205,954
| +2% | +$75.1M |
|
14
Meta Platforms (Facebook)
META
$1.37T
| $3.76B | 1.54% |
6,565,134
+289,207
| +5% | +$149M |
|
|
15
JPMorgan Chase
JPM
$933B
| $3.54B | 1.45% |
16,784,272
+4,043,841
| +32% | +$852M |
|
16
Caterpillar
CAT
$373B
| $3.5B | 1.43% |
8,952,632
+205,012
| +2% | +$70.8M |
|
17
ExxonMobil
XOM
$651B
| $3.42B | 1.4% |
29,197,557
+949,875
| +3% | +$110M |
|
18
Salesforce
CRM
$148B
| $3.36B | 1.38% |
12,276,551
+314,530
| +3% | +$80.6M |
|
19
Procter & Gamble
PG
$335B
| $3.18B | 1.3% |
18,380,610
+830,476
| +5% | +$141M |
|
20
Netflix
NFLX
$305B
| $3.18B | 1.3% |
44,819,390
+1,239,870
| +3% | +$82.9M |
|
21
Oracle
ORCL
$367B
| $3.05B | 1.25% |
17,898,029
+310,709
| +2% | +$45M |
|
22
Goldman Sachs
GS
$302B
| $2.99B | 1.23% |
6,042,640
+161,133
| +3% | +$78.8M |
|
23
Freeport-McMoran
FCX
$91.2B
| $2.97B | 1.22% |
59,409,395
+1,392,494
| +2% | +$62.8M |
|
24
Chevron
CVX
$383B
| $2.87B | 1.18% |
19,482,388
+672,244
| +4% | +$100M |
|
25
Costco
COST
$423B
| $2.69B | 1.1% |
3,034,491
+78,590
| +3% | +$68.2M |
|
Similar funds
Ken Fisher's Q3 2024 Portfolio in Review
As of Q3 2024, Ken Fisher held 1,039 positions worth $244B, up 6.2% from $230B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2024 filing shows 53 new, 415 increased, 393 reduced and 120 closed positions. Its largest new stake was Nu Holdings: 7,231,070 shares worth $98.7M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.32B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 31% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2024 buy was Nu Holdings: 7,231,070 shares worth $98.7M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2024, an estimated $2.06B increase.
- Ken Fisher's biggest Q3 2024 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.32B.
- Ken Fisher fully exited ENVESTNET, INC. in Q3 2024, selling an estimated $49.4M.
- Ken Fisher's ten largest holdings make up 32% of its $244B portfolio in Q3 2024.
- Ken Fisher opened 53 new positions and closed 120 in Q3 2024.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $244B.
Based on Fisher Asset Management's 13F filing for Q3 2024, filed 12 Nov 2024.