Ken Fisher Portfolio: 5 Biggest Positions

In this piece, we will take a look at the five latest stock picks in Ken Fisher’s investment portfolio. If you want to learn more about Mr. Fisher, his top stocks, and the ongoing investment climate, then check out Ken Fisher Portfolio: 12 Biggest Positions.

5. NVIDIA Corporation (NASDAQ:NVDA)

Fisher Investments’ Q3 2023 Investment: $3.6 billion

NVIDIA Corporation (NASDAQ:NVDA) is an American chip company that sells graphics processing units (GPUs). The firm was eager to sustain the hype around artificial intelligence in November 2023 when it launched a brand new chip for heavy duty AI workloads.

For their June quarter of 2023 shareholdings, 175 out of the 910 hedge funds profiled by Insider Monkey were NVIDIA Corporation (NASDAQ:NVDA)’s investors. Rajiv Jain’s GQG Partners was the biggest shareholder among these, owning 13.9 million shares that were worth $5.8 billion.

4. Amazon.com, Inc. (NASDAQ:AMZN)

Fisher Investments’ Q3 2023 Investment: $5.2 billion

Amazon.com, Inc. (NASDAQ:AMZN) is the biggest electronic commerce retailer in the world. Despite its heft, the firm is currently busy expanding its digital footprint in the U.S. as it has teamed up with Snapchat to allow users to directly buy Amazon listed products from the platform.

As of Q2 2023 end, 278 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned the firm’s shares. Amazon.com, Inc. (NASDAQ:AMZN)’s largest hedge fund shareholder was Ken Fisher’s Fisher Asset Management due to its $5.3 billion stake.

3. Alphabet Inc. (NASDAQ:GOOG)

Fisher Investments’ Q3 2023 Investment: $5.7 billion

Alphabet Inc. (NASDAQ:GOOG) is a global technology giant with a search engine, cloud computing, video streaming, and other products. Wall Street is quite bullish on the stock, as Alphabet Inc. (NASDAQ:GOOG)’s average share price rating is Strong Buy and analysts have set an average share price target of $146.

During this year’s second quarter, out of the 910 hedge funds surveyed by Insider Monkey, 152 were Alphabet Inc. (NASDAQ:GOOG)’s shareholders. Ken Fisher’s Fisher Asset Management owned the biggest stake among these courtesy of its $5.1 billion investment.

2. Microsoft Corporation (NASDAQ:MSFT)

Fisher Investments’ Q3 2023 Investment: $7.8 billion

Microsoft Corporation (NASDAQ:MSFT) is best known for its operating system for the consumer and its cloud computing division for businesses. These days, the firm should be closely watching rival Google’s legal troubles through a Justice Department lawsuit for Google’s parent Alphabet paying Apple to make the search engine the default option on Apple’s platforms. This is because Microsoft Corporation (NASDAQ:MSFT) might gain some market share for its fledgling Bing search engine if Google loses.

As of June 2023 end, 300 out of the 910 hedge funds profiled by Insider had held stakes in the technology company. Microsoft Corporation (NASDAQ:MSFT)’s largest hedge fund shareholder was Michael Larson’s Bill & Melinda Gates Foundation Trust as it owned $13.3 billion worth of shares.

1. Apple Inc. (NASDAQ:AAPL)

Fisher Investments’ Q3 2023 Investment: $9.1 billion

Apple Inc. (NASDAQ:AAPL) is the biggest technology company in the world. These days, its dealings with Google at in the spotlight, as a Justice Department lawsuit against Google revealed that Google pays Apple Inc. (NASDAQ:AAPL) up to 36% of its revenue from Safari advertising in return for Apple making Google the default platform.

For their Q2 2023 shareholdings, 135 out of the 910 hedge funds tracked by Insider Monkey had invested in Apple Inc. (NASDAQ:AAPL). Warren Buffett’s Berkshire Hathaway owns the biggest stake among these, which is worth $177 billion.

Disclosure: None. You can also take a look at Morgan Stanley’s 15 Stock Picks for 2023 and Top 20 Countries With the Most Handsome Men in Africa.

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