Great investors · Ken Fisher · Q4 2024
What Ken Fisher bought and sold in Q4 2024
Fisher Investments 13F portfolio as of Dec 31, 2024: 975 positions worth $251 bn. Largest: AAPL, NVDA, MSFT, AMZN. Filed with the SEC on Feb 5, 2025.
The 13F is filed by Fisher Investments, not by Ken Fisher personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q4 2024
No purchase of 0.5 points of the portfolio or more this quarter.
Sells in Q4 2024
- ReducedLam ResearchLRCX−0.6 pp
1 company with a material move, out of 1 position with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Fisher Investments's Q4 2024 13F lists 975 lines of US-listed securities worth $251 bn; the largest is AAPL at 5.91% of the portfolio. It was accepted by the SEC on Feb 5, 2025 at 2:05 PM ET.
Against the previous quarter, it opened 104 positions (MRCY and Solarwinds and 102 more), closed 46 (Aspen Technology, ALTR, Barnes Group and PII and 42 more), added to 222 (IEF, EMR, UBS and VCIT and 218 more) and trimmed 127 (LRCX, BLK, INTU and COF and 123 more). 48 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Apple AAPL | 59.3 M | $14.8 bn | 5.91% | +1.2% |
| 2 | NVIDIA NVDA | 98.3 M | $13.2 bn | 5.25% | +1.7% |
| 3 | Microsoft MSFT | 28.2 M | $11.9 bn | 4.73% | +1.2% |
| 4 | Amazon.com AMZN | 45.2 M | $9.9 bn | 3.94% | +1.1% |
| 5 | Alphabet GOOGL | 50.6 M | $9.6 bn | 3.81% | +1.5% |
| 6 | Vanguard Int-term Corporate ETF VCIT | 92.8 M | $7.4 bn | 2.96% | +4.8% |
| 7 | Taiwan Semiconductor Manufacturing TSM | 28.4 M | $5.6 bn | 2.23% | −1.4% |
| 8 | Broadcom AVGO | 23.9 M | $5.5 bn | 2.21% | +2.1% |
| 9 | iShares 7-10 Year Treasury B ETF IEF | 49.2 M | $4.6 bn | 1.81% | +18% |
| 10 | Walmart WMT | 48.8 M | $4.4 bn | 1.75% | +2.4% |
| 11 | JPMorgan Chase JPM | 17.4 M | $4.2 bn | 1.66% | +3.7% |
| 12 | Salesforce CRM | 12.5 M | $4.2 bn | 1.66% | +1.4% |
| 13 | Eli Lilly LLY | 5.2 M | $4.0 bn | 1.61% | +3.5% |
| 14 | Netflix NFLX | 4.5 M | $4.0 bn | 1.61% | +1% |
| 15 | Meta Platforms META | 6.7 M | $3.9 bn | 1.56% | +1.7% |
| 16 | Home Depot HD | 9.6 M | $3.7 bn | 1.48% | +1.3% |
| 17 | Goldman Sachs Group GS | 6.2 M | $3.5 bn | 1.40% | +1.9% |
| 18 | Caterpillar CAT | 9.1 M | $3.3 bn | 1.31% | +1.4% |
| 19 | Exxon Mobil XOM | 29.8 M | $3.2 bn | 1.28% | +2.2% |
| 20 | Procter & Gamble PG | 18.7 M | $3.1 bn | 1.25% | +1.7% |
| 21 | Visa V | 9.8 M | $3.1 bn | 1.23% | +1.8% |
| 22 | Oracle ORCL | 18.0 M | $3.0 bn | 1.19% | no change |
| 23 | Advanced Micro Devices AMD | 24.1 M | $2.9 bn | 1.16% | +1.2% |
| 24 | Chevron CVX | 19.9 M | $2.9 bn | 1.15% | +2.1% |
| 25 | Morgan Stanley MS | 22.8 M | $2.9 bn | 1.14% | +1.9% |
| 26 | Costco Wholesale COST | 3.1 M | $2.8 bn | 1.12% | +1.4% |
| 27 | American Express AXP | 8.8 M | $2.6 bn | 1.03% | +1.1% |
| 28 | Intuitive Surgical ISRG | 4.9 M | $2.5 bn | 1.01% | +1.8% |
| 29 | Intuit INTU | 3.6 M | $2.3 bn | 0.91% | −4.8% |
| 30 | Freeport-McMoRan FCX | 59.4 M | $2.3 bn | 0.90% | no change |
| 31 | RTX RTX | 19.0 M | $2.2 bn | 0.88% | +3.1% |
| 32 | Mastercard MA | 4.2 M | $2.2 bn | 0.87% | +1.4% |
| 33 | ASML Holding ASML | 3.2 M | $2.2 bn | 0.87% | no change |
| 34 | Adobe ADBE | 4.8 M | $2.2 bn | 0.86% | no change |
| 35 | Citigroup C | 30.0 M | $2.1 bn | 0.84% | +3.6% |
| 36 | BlackRock BLK | 2.1 M | $2.1 bn | 0.84% | −6% |
| 37 | Booking Holdings BKNG | 419,459 | $2.1 bn | 0.83% | no change |
| 38 | Bank of America BAC | 46.9 M | $2.1 bn | 0.82% | +3.7% |
| 39 | iShares MBS ETF MBB | 19.7 M | $1.8 bn | 0.72% | +7.9% |
| 40 | ServiceNow NOW | 1.7 M | $1.8 bn | 0.71% | +1.2% |
| 41 | UnitedHealth Group UNH | 3.4 M | $1.7 bn | 0.69% | +7.4% |
| 42 | Capital One Financial COF | 9.1 M | $1.6 bn | 0.64% | −6.3% |
| 43 | Merck MRK | 16.1 M | $1.6 bn | 0.64% | +10% |
| 44 | Shell SHEL | 24.9 M | $1.6 bn | 0.62% | +1.7% |
| 45 | Charles Schwab SCHW | 20.5 M | $1.5 bn | 0.60% | +1.3% |
| 46 | Stryker SYK | 4.1 M | $1.5 bn | 0.58% | −3.8% |
| 47 | Union Pacific UNP | 6.3 M | $1.4 bn | 0.57% | no change |
| 48 | Thermo Fisher Scientific TMO | 2.7 M | $1.4 bn | 0.55% | +1.1% |
| 49 | ConocoPhillips COP | 13.8 M | $1.4 bn | 0.54% | +11% |
| 50 | Canadian Natural Resources CNQ | 44.1 M | $1.4 bn | 0.54% | +1.3% |
| 51 | Lam Research LRCX | 18.6 M | $1.3 bn | 0.53% | −90% |
| 52 | Toyota Motor Corp/ TM | 6.9 M | $1.3 bn | 0.53% | +1.9% |
| 53 | State Street SPDR PF LNG TRM TSY E-usd ETF SPTL | 51.2 M | $1.3 bn | 0.53% | +6.8% |
| 54 | Abbott Laboratories ABT | 11.3 M | $1.3 bn | 0.51% | +1.6% |
| 55 | SAP SAP | 5.1 M | $1.3 bn | 0.50% | +8.6% |
| 56 | Johnson Controls International JCI | 15.7 M | $1.2 bn | 0.49% | +2.9% |
| 57 | Pepsico PEP | 8.1 M | $1.2 bn | 0.49% | +3.1% |
| 58 | TotalEnergies TTE | 22.0 M | $1.2 bn | 0.48% | −3.1% |
| 59 | Johnson & Johnson JNJ | 8.2 M | $1.2 bn | 0.47% | +8.4% |
| 60 | Starbucks SBUX | 11.9 M | $1.1 bn | 0.43% | +1.3% |
| 61 | Novo Nordisk A/s NVO | 12.6 M | $1.1 bn | 0.43% | −5% |
| 62 | BHP Group BHP | 22.2 M | $1.1 bn | 0.43% | +1.3% |
| 63 | Cummins CMI | 3.1 M | $1.1 bn | 0.43% | +2.2% |
| 64 | Danaher DHR | 4.6 M | $1.1 bn | 0.42% | no change |
| 65 | RIO Tinto RIO | 17.6 M | $1.0 bn | 0.41% | no change |
| 66 | ING Groep ING | 66.0 M | $1.0 bn | 0.41% | −3.5% |
| 67 | Unilever | 17.9 M | $1.0 bn | 0.40% | +7.3% |
| 68 | Carrier Global CARR | 14.3 M | $977M | 0.39% | no change |
| 69 | Sony Group SONY | 45.4 M | $961M | 0.38% | +5.2% |
| 70 | Vanguard S&P 500 ETF VOO | 1.7 M | $939M | 0.37% | +2.4% |
| 71 | Deere DE | 2.2 M | $913M | 0.36% | +8.1% |
| 72 | Boeing BA | 5.0 M | $890M | 0.35% | +3.4% |
| 73 | Invesco QQQ Trust Series 1 ETF QQQ | 1.7 M | $887M | 0.35% | −4.5% |
| 74 | Illinois Tool Works ITW | 3.4 M | $873M | 0.35% | +2.9% |
| 75 | CSX CSX | 25.0 M | $805M | 0.32% | +1.2% |
| 76 | Nike NKE | 10.3 M | $777M | 0.31% | no change |
| 77 | Trane Technologies TT | 2.0 M | $747M | 0.30% | no change |
| 78 | Edwards Lifesciences EW | 9.8 M | $724M | 0.29% | +7.7% |
| 79 | Astrazeneca AZN | 11.0 M | $718M | 0.29% | +4.6% |
| 80 | Las Vegas Sands LVS | 13.8 M | $709M | 0.28% | +1.2% |
| 81 | BP BP | 23.3 M | $690M | 0.27% | +1.8% |
| 82 | iShares Msci Europe Financia ETF EUFN | 28.3 M | $660M | 0.26% | −3.5% |
| 83 | GSK GSK | 18.8 M | $637M | 0.25% | +1.4% |
| 84 | Banco Santander SAN | 138.3 M | $631M | 0.25% | −3.7% |
| 85 | Ingersoll Rand IR | 6.8 M | $617M | 0.25% | +1.2% |
| 86 | iShares National Muni Bond E ETF MUB | 5.7 M | $612M | 0.24% | +8.9% |
| 87 | Sanofi SNY | 12.5 M | $603M | 0.24% | −6.3% |
| 88 | Paccar PCAR | 5.2 M | $540M | 0.21% | no change |
| 89 | Applied Materials AMAT | 3.3 M | $536M | 0.21% | +1.2% |
| 90 | Boston Scientific BSX | 5.8 M | $518M | 0.21% | +22% |
| 91 | Anheuser-Busch InBev BUD | 10.1 M | $505M | 0.20% | −2.2% |
| 92 | Medtronic MDT | 6.1 M | $485M | 0.19% | +3.1% |
| 93 | Alphabet GOOG | 2.5 M | $478M | 0.19% | −3.1% |
| 94 | Banco Bilbao Vizcaya Argentaria BBVA | 48.8 M | $474M | 0.19% | −4.2% |
| 95 | Crown Castle CCI | 5.2 M | $474M | 0.19% | +2.6% |
| 96 | iShares Global Healthcare ET ETF IXJ | 5.4 M | $463M | 0.18% | +3.8% |
| 97 | Alibaba Group Holding BABA | 5.1 M | $432M | 0.17% | +1.6% |
| 98 | Coca-Cola KO | 6.6 M | $412M | 0.16% | −2.2% |
| 99 | iShares Global Tech ETF IXN | 4.8 M | $406M | 0.16% | −2.7% |
| 100 | iShares Global Energy ETF IXC | 10.1 M | $387M | 0.15% | +3% |
The 100 largest lines are shown. The other 875 add up to 9.05% of the portfolio; full 13F of Fisher Investments →
Positions it closed (46)
- Aspen Technology was 0.02% · 187,109 shares
- Altair Engineering ALTRwas 0.02% · 401,612 shares
- Barnes Group was 0.01% · 448,991 shares
- Polaris PIIwas 0.00% · 100,089 shares
- Sage Therapeutics was 0.00% · 432,545 shares
- InterContinental Hotels Group IHGwas 0.00% · 17,164 shares
- Civitas Resources CIVIwas 0.00% · 36,913 shares
- Icon ICLRwas 0.00% · 5,505 shares
- Starwood Property Trust STWDwas 0.00% · 34,882 shares
- Coca Cola Femsa SAB De CV KOFwas 0.00% · 7,519 shares
- Check Point Software Technologies CHKPwas 0.00% · 3,329 shares
- Fabrinet FNwas 0.00% · 2,000 shares
- Global X Fds Fintech ETF FINXwas 0.00% · 16,249 shares
- J P Morgan Exchange Traded Fd JEPQwas 0.00% · 7,936 shares
- Moderna MRNAwas 0.00% · 6,265 shares
- Ishares Tr US Trsprtion IYTwas 0.00% · 5,964 shares
- Canadian National Railway CNIwas 0.00% · 3,135 shares
- Heico HEI/Awas 0.00% · 1,726 shares
- Constellation Brands STZwas 0.00% · 1,336 shares
- Hartford Finl Svcs Group HIGwas 0.00% · 2,889 shares
- Seagate Technology Holdings STXwas 0.00% · 2,922 shares
- Fastenal FASTwas 0.00% · 4,334 shares
- Vanguard World Fd ESG US STK E ESGVwas 0.00% · 2,801 shares
- Wyndham Hotels & Resorts WHwas 0.00% · 3,489 shares
- Sunoco SUNwas 0.00% · 4,987 shares
- First Tr Exchange Traded Fd VI FVwas 0.00% · 4,524 shares
- Ishares Tr 3 7 Yr Tr BD ETF IEIwas 0.00% · 2,203 shares
- Vaneck ETF Tr OIHwas 0.00% · 903 shares
- Schwab Strategic Tr US LRG Cap SCHXwas 0.00% · 11,184 shares
- Vanguard Whitehall Fds Intl DV VIGIwas 0.00% · 2,853 shares
- First Tr Exchange Traded Fd VI RDVYwas 0.00% · 4,183 shares
- Southwest Airlines LUVwas 0.00% · 7,852 shares
- Paramount Skydance was 0.00% · 21,723 shares
- Winnebago Industries WGOwas 0.00% · 3,943 shares
- Pultegroup PHMwas 0.00% · 1,550 shares
- Uscf ETF Tr Midstream Energy UMIwas 0.00% · 4,871 shares
- Essential Utilities WTRGwas 0.00% · 5,496 shares
- Ishares Tr Core Div Grwth DGROwas 0.00% · 3,319 shares
- Transocean RIGwas 0.00% · 41,218 shares
- Vodafone Group Public VODwas 0.00% · 17,064 shares
- Doubleline Income Solutions Fd DSLwas 0.00% · 10,258 shares
- Applied Digital APLDwas 0.00% · 16,000 shares
- Ready Capital RCwas 0.00% · 15,213 shares
- Energy Co of Minas Gerais CIGwas 0.00% · 21,999 shares
- Neuberger Berman Real Estate S XNROXwas 0.00% · 10,430 shares
- Allurion Technologies was 0.00% · 34,244 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Fisher Investments's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.