Ken Fisher Stock Portfolio: Top 10 Stock Picks

Published on November 15, 2022 at 6:43 pm by Hamna Asim in Hedge Funds, News

In this article, we discuss the top 10 stock picks from the Ken Fisher portfolio. If you want to see more stocks in this selection, check out Ken Fisher Stock Portfolio: Top 5 Stock Picks.

Fisher Asset Management founder Ken Fisher believes the Federal Reserve’s actions will not help control inflation but also stressed that the U.S. economy is unlikely to plunge into recession, given that loan growth is “robust.” He told Fox Business on November 3:

“I don’t believe what the Fed is doing right now actually kills inflation. I don’t believe, as I have said before, that the Fed can kneecap the economy by raising rates the way it is because right now the banks’ loan base cost them almost nothing. When the Fed raises short rates it increases the incentive for banks to make short-term loans because the spread gets bigger.”

Ken Fisher recently pointed out some positive fundamentals that investors might be missing due to the uncertainty and short-term headwinds blanketing the stock market currently. In addition to strong bank loan growth, unemployment remains low in the United States, and travel is exceptionally robust and increasing. Historically, these factors are inconsistent with the beginnings of recessions, as per Fisher. Some of the top holdings in the Ken Fisher portfolio include Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN).

Our Methodology

We selected the top 10 stocks from the Ken Fisher portfolio as of the end of the third quarter of 2022 for this analysis. The stocks are arranged according to the hedge fund’s stake value in each holding. Insider Monkey’s database of 895 elite hedge funds tracked as of the end of the second quarter of 2022 was used to assess the hedge fund sentiment around the securities.

Ken Fisher Stock Portfolio: Top Stock Picks

10. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 184

Fisher Asset Management’s Stake Value: $1,604,616,000

Securities filings for the third quarter of 2022 reveal that Fisher Asset Management held 11.8 million shares of Meta Platforms, Inc. (NASDAQ:META), worth $1.60 billion and representing 1.2% of the total 13F portfolio. Ken Fisher strengthened his hold on Meta Platforms, Inc. (NASDAQ:META) by 3% in the September quarter. The stock has been part of the Fisher portfolio since the first quarter of 2014.

On November 15, Meta Platforms, Inc. (NASDAQ:META) filed to exchange up to $2.75 billion of 3.500% senior notes due 2027. The filing also suggests an offering to exchange $3 billion of 3.850% senior notes due 2032, $2.75 billion of 4.450% senior notes due 2052, and $1.5 billion of 4.650% senior notes due 2062.

Canaccord analyst Maria Ripps on November 10 reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) but lowered the price target on the shares to $170 from $200. The analyst said she trimmed her price target to factor in the latest multiple compression and views the layoffs and hiring freeze announcements as incrementally optimistic, particularly due to the ongoing macro uncertainty and the industry-wide weakness in digital advertising.

According to Insider Monkey’s data, 184 hedge funds were long Meta Platforms, Inc. (NASDAQ:META) at the end of Q2 2022, compared to 200 funds in the prior quarter. Boykin Curry’s Eagle Capital Management is a prominent position holder in the company, with 7.3 million shares worth $1.17 billion.

Like Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN), Meta Platforms, Inc. (NASDAQ:META) is also backed by Ken Fisher.

ClearBridge Investments made the following comment about Meta Platforms, Inc. (NASDAQ:META) in its Q3 2022 investor letter:

“Meta Platforms, Inc. (NASDAQ:META), one of two overweights among the mega cap stocks, underperformed in the third quarter (-15.9%) and is the Strategy’s largest detractor year to date. Meta has also trailed mega cap advertising peer Alphabet, which we don’t own, as revenue growth has slowed due to tough comparables to a strong e-commerce environment in early 2021, negative impacts from Apple’s privacy changes and rising expenses.

While we have trimmed our position close to 20%, we remain invested as we do not think the stocks’ valuation at about 13x consensus 2023 earnings appropriately reflects its long-term earnings and free cash flow generation potential. Despite current revenue headwinds, we believe Meta is well-positioned to navigate industry wide changes to advertising targeting and its transition to the Reels short-form video format will monetize in the coming years, helping to re-accelerate revenue growth.

We also welcome Meta’s implementation of cost-cutting measures, which should help uncover the company’s high underlying profitability. Lastly, we see Meta’s investments in augmented reality as a call option for long-duration investors.”

9. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 72

Fisher Asset Management’s Stake Value: $1,722,650,000

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. Ken Fisher, as of Q3 2022, owns over 25 million shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) worth $1.7 billion, representing 1.29% of his total 13F portfolio.

On November 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares climbed approximately 5% as the company said its October sales rose 56% year-over-year. For the month ending October 2022, the company generated NT$210.3 billion in revenue, up from NT$134.5 billion in the same period a year ago.

Goldman Sachs analyst Bruce Lu downgraded Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on October 13 to Buy from Conviction Buy with a price target of $89, down from $126. The analyst noted that the company’s management has turned “more conservative”, given an impact from demand weakness, especially for its N7 nodes. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) management has also guided down 2022 capex to $36 billion from nearly $40 billion, partially due to uncertain demand, the analyst told investors.

According to Insider Monkey’s data, 72 hedge funds were long Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of Q2 2022, compared to 81 funds in the prior quarter. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the largest stakeholder of the company, with 14.6 million shares worth $1.19 billion.

Baron Funds made the following comment about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q3 2022 investor letter:

“Semiconductor giant Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) detracted from performance due to the global macroeconomic slowdown and softening demand for consumer electronics. We retain conviction that Taiwan Semi’s technological leadership, pricing power, and exposure to secular growth markets, including high-performance computing, automotive, and IoT, will allow the company to deliver strong revenue growth over the next several years.”

8. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Fisher Asset Management’s Stake Value: $1,830,503,000

Salesforce, Inc. (NYSE:CRM), a California-based customer relationship management technology company, is one of the top picks from the Ken Fisher stock portfolio. Fisher owns 12.7 million shares of Salesforce, Inc. (NYSE:CRM) worth $1.8 billion as of Q3 2022, representing 1.37% of the total 13F securities.

Mizuho analyst Gregg Moskowitz on November 15 maintained a Buy recommendation on Salesforce, Inc. (NYSE:CRM) but trimmed the price target on the shares to $225 from $235. Macro and geopolitical factors have continued to hammer the software sector, and many investors “understandably remain cautious about increasing their software exposure at this time,” the analyst told investors in a research note.

According to Insider Monkey’s Q2 data, 116 hedge funds were long Salesforce, Inc. (NYSE:CRM), compared to 114 funds in the prior quarter. Harris Associates held a prominent stake in the company, comprising more than 5 million shares worth $829 million.

ClearBridge Investments made the following comment about Salesforce, Inc. (NYSE:CRM) in its Q3 2022 investor letter:

“Software has been a solid long-term performer for the Strategy and a key point of differentiation versus the benchmark. But even recurring revenue businesses enabling digital transformation are not immune from the vagaries of the COVID-19 recovery. Salesforce, Inc. (NYSE:CRM) (-12.8%) has detracted from results due to slowing revenue growth driven by a combination of factors, including pull-forward of enterprise digitization demand during COVID-19, some operational missteps, and lengthening sales cycles.

We believe the company still has ample room for revenue growth across its various platforms and should benefit from budget consolidation as customers seek control over tech spending in a weakening economy. We also see significant room for margin expansion. While we have trimmed our Salesforce (CRM) exposure, we maintain confidence that the stock will re-rate to a level that reflects its growth potential.”

7. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 47

Fisher Asset Management’s Stake Value: $1,949,619,000

ASML Holding N.V. (NASDAQ:ASML) is a Netherlands-based company that develops, produces, markets, and services advanced semiconductor equipment systems for memory and logic chipmakers. In Q3 2022, Ken Fisher owned 4.7 million shares of ASML Holding N.V. (NASDAQ:ASML) worth approximately $2 billion, representing 1.46% of the total 13F securities. Ken Fisher boosted his stake in the company by 3% in the third quarter.

On November 10, ASML Holding N.V. (NASDAQ:ASML) stock gained 14% as the company reported that it would launch a $12 billion share repurchase program and lifted its revenue forecast for 2025, sparking a rally in other semiconductor equipment stocks as well. The company also paid a €1.37 per share interim dividend on November 14.

Credit Suisse analyst Adithya Metuku on November 14 raised the price target on ASML Holding N.V. (NASDAQ:ASML) to EUR 745 from EUR 732 and kept an Outperform rating on the shares.

According to the second quarter database of Insider Monkey, 47 hedge funds were long ASML Holding N.V. (NASDAQ:ASML), compared to 46 funds in the preceding quarter. Arrowstreet Capital held a significant position in the company, with 726,787 shares worth about $346 million.

Here is what Baron Opportunity Fund has to say about ASML Holding N.V. (NASDAQ:ASML) in its Q2 2022 investor letter:

“ASML Holding N.V. designs and manufactures semiconductor production equipment. It specializes in photolithography equipment, where light sources are used to photo-reactively create patterns on wafers that become printed circuits. ASML is the dominant leader across all types of lithography but, most importantly, is the only company selling equipment for extreme ultra-violet (EUV) lithography, the latest generation technology.

Indeed, because of the stalling out of Moore’s Law, advanced lithography of larger and multi-patterned silicon chips has been critical for leading-edge chip manufacturing and continued improvement in semiconductor chip performance over time. The company is well positioned to continue growing above industry rates as it rapidly adds capacity across its entire business to meet rising industry demand, especially from leading-edge customers continuing to invest to stay ahead of their competitors and drive chip performance forward.

Additionally, the introduction of high-NA EUV technology in the middle of the decade will add another leg to the growth opportunity.”

6. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders: 67

Fisher Asset Management’s Stake Value: $2,028,883,000

American Express Company (NYSE:AXP) is an American multinational firm that provides credit card products and travel-related services worldwide. As per the 13F filings for the third quarter of 2022, Ken Fisher owns over 15 million shares of American Express Company (NYSE:AXP) worth $2 billion, representing 1.52% of the total portfolio.

On October 21, American Express Company (NYSE:AXP) reported a Q3 GAAP EPS of $2.47, beating market estimates by $0.06. The revenue of $13.56 billion climbed 24.1% year-over-year, falling short of Wall Street consensus by $20 million. Based on the company’s performance to date, it still expects full-year 2022 revenue growth of 23% to 25%, compared to a 25.24% consensus. American Express Company (NYSE:AXP) now forecasts to clock in ahead of its original full-year EPS guidance range of $9.25 to $9.65, versus a $9.84 consensus.

Wells Fargo analyst Donald Fandetti on October 24 reiterated an Overweight rating on American Express Company (NYSE:AXP) but slashed the price target on the shares to $170 from $180 following the Q3 results. Increased funding costs have had a fairly neutral effect so far, though over time it will become a moderate headwind, the analyst contended.

According to Insider Monkey’s data, 67 hedge funds were bullish on American Express Company (NYSE:AXP) at the end of Q2 2022, compared to 69 funds in the preceding quarter. Warren Buffett’s Berkshire Hathaway is the biggest position holder in the company.

In addition to Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN), American Express Company (NYSE:AXP) is one of the top picks of Ken Fisher as of Q3 2022.

In its Q2 2022 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and American Express Company (NYSE:AXP) was one of them. Here is what the fund said:

“In financials, American Express Company (NYSE:AXP) has done an excellent job demonstrating the resiliency of its franchise in the midst of a global pandemic that drove a 60% decline in its core travel and entertainment business. The company’s spend-centric model has been helped by fiscal stimulus ensuring a flush consumer, while management continues to execute well by adding millions of new consumer and small and medium business accounts, which should benefit the franchise over the medium to long term. We remain optimistic regarding the company’s prospects as travel and entertainment activity rebounds, adding to our position in the quarter.”

Click to continue reading and see Ken Fisher Stock Portfolio: Top 5 Stock Picks.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

Ken Fisher Stock Portfolio: Top 10 Stock Picks

Published on November 15, 2022 at 6:43 pm by Hamna Asim in Hedge Funds, News

Ken Fisher Stock Portfolio: Top Stock Picks

10. Meta Platforms, Inc. (NASDAQ:META)

9. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

8. Salesforce, Inc. (NYSE:CRM)

7. ASML Holding N.V. (NASDAQ:ASML)

6. American Express Company (NYSE:AXP)

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

Ken Fisher Stock Portfolio: Top 10 Stock Picks

Published on November 15, 2022 at 6:43 pm by Hamna Asim in Hedge Funds, News

Share

Ken Fisher Stock Portfolio: Top Stock Picks

10. Meta Platforms, Inc. (NASDAQ:META)

9. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

8. Salesforce, Inc. (NYSE:CRM)

7. ASML Holding N.V. (NASDAQ:ASML)

6. American Express Company (NYSE:AXP)

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff