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
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.9T
| $14.8B | 5.91% |
59,290,044
+674,991
| +1% | +$159M |
|
|
2
NVIDIA
NVDA
$4.72T
| $13.2B | 5.25% |
98,339,379
+1,618,672
| +2% | +$223M |
|
3
Microsoft
MSFT
$3.35T
| $11.9B | 4.73% |
28,228,502
+324,052
| +1% | +$138M |
|
4
Amazon
AMZN
$2.53T
| $9.91B | 3.94% |
45,159,737
+506,166
| +1% | +$104M |
|
5
Alphabet (Google) Class A
GOOGL
$4.08T
| $9.58B | 3.81% |
50,615,038
+757,138
| +2% | +$132M |
|
|
6
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $7.45B | 2.96% |
92,783,951
+4,289,340
| +5% | +$350M |
|
7
TSMC
TSM
$2.09T
| $5.6B | 2.23% |
28,351,950
-415,156
| -1% | -$80.3M |
|
8
Broadcom
AVGO
$1.85T
| $5.54B | 2.21% |
23,903,319
+480,538
| +2% | +$88.9M |
|
|
9
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $4.55B | 1.81% |
49,220,000
+7,566,487
| +18% | +$715M |
|
10
Walmart Inc
WMT
$884B
| $4.41B | 1.75% |
48,793,045
+1,133,201
| +2% | +$98.3M |
|
11
JPMorgan Chase
JPM
$933B
| $4.17B | 1.66% |
17,401,436
+617,164
| +4% | +$144M |
|
12
Salesforce
CRM
$148B
| $4.16B | 1.66% |
12,453,872
+177,321
| +1% | +$56.6M |
|
13
Eli Lilly
LLY
$1.03T
| $4.04B | 1.61% |
5,236,108
+178,007
| +4% | +$147M |
|
14
Netflix
NFLX
$305B
| $4.04B | 1.61% |
45,274,460
+455,070
| +1% | +$37.5M |
|
15
Meta Platforms (Facebook)
META
$1.37T
| $3.91B | 1.56% |
6,675,174
+110,040
| +2% | +$64.6M |
|
16
Home Depot
HD
$332B
| $3.72B | 1.48% |
9,552,090
+125,441
| +1% | +$51.2M |
|
17
Goldman Sachs
GS
$302B
| $3.52B | 1.4% |
6,155,336
+112,696
| +2% | +$62.9M |
|
18
Caterpillar
CAT
$373B
| $3.29B | 1.31% |
9,081,775
+129,143
| +1% | +$50.1M |
|
19
ExxonMobil
XOM
$651B
| $3.21B | 1.28% |
29,831,569
+634,012
| +2% | +$74.2M |
|
20
Procter & Gamble
PG
$335B
| $3.13B | 1.25% |
18,692,813
+312,203
| +2% | +$53.2M |
|
21
Visa
V
$673B
| $3.08B | 1.23% |
9,758,703
+173,990
| +2% | +$52.3M |
|
22
Oracle
ORCL
$367B
| $3B | 1.19% |
17,995,664
+97,635
| +0.5% | +$17.3M |
|
23
Advanced Micro Devices
AMD
$791B
| $2.91B | 1.16% |
24,086,020
+290,784
| +1% | +$41.8M |
|
24
Chevron
CVX
$383B
| $2.88B | 1.15% |
19,892,848
+410,460
| +2% | +$62.8M |
|
25
Morgan Stanley
MS
$330B
| $2.87B | 1.14% |
22,833,937
+428,956
| +2% | +$52.8M |
|
Similar funds
Ken Fisher's Q4 2024 Portfolio in Review
As of Q4 2024, Ken Fisher held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Ken Fisher's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Ken Fisher's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Ken Fisher fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Ken Fisher's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Ken Fisher opened 105 new positions and closed 49 in Q4 2024.
- Ken Fisher's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.