In the second quarter of 2025, Starinvestor Ken Fisher and his asset manager Fisher Asset Management adapted numerous investments. The changes at a glance.
Institutional investors, whose managed assets exceed the value of $ 100 million, are obliged to disclose their participations by means of the 13F form compared to the US stock exchange supervisory authority SEC. This requirement also includes the investments from Fisher Asset Management.
In the second quarter of 2025, the depot of Ken Fisher’s asset manager, who manages around $ 251.89 billion, had some changes in the second quarter of 2025. There was no position untouched under the top ten. Meanwhile, a few promoters also made it to the ten largest positions in Fisher’s depot.
In the following, the ten largest stock participations by the Starinvestor, which were in the portfolio in the second quarter of 2025, are listed. They are staggered in the depot according to percentage. Investments in other financial instruments, such as bonds or ETFs, were not taken into account. Status of the data is June 30, 2025.
Editor finance.net
Second quarter 2025: Ken Fisher had these shares in the depot
11th place: the ranking
In the past annual quarter, Starinvestor Ken Fisher and his asset manager Fisher Asset Management managed around $ 251.89 billion. Since its portfolio clearly exceeds the value of $ 100 million, Fisher is obliged to disclose his investments quarterly compared to the US stock exchange supervision SEC. In the following ranking, the top ten of the stock positions are listed in the second quarter of 2025, sorted according to the percentage share of the total depot. Investments in other financial instruments, such as bonds or ETFs, were not taken into account. Status of the data is June 30, 2025.
In the second quarter, the Taiwanese chip manufacturer Taiwan Semiconductor Manufacturing (TSMC) made it new among the top ten in the Fisher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asher Asset Management depot – even though the asset manager reduced its position by 340,387 shares. As of the cut -off date, 17,664,956 shares worth around 4.00 billion US dollars were still in the depot, which made a share of 1.59 percent – tenth place for TSMC.
Source: sec.gov, Image: Michael VI / Shutterstock.com
9th place: SAP
Also new among the largest ten positions is the German software giant SAP in the second quarter. Here the asset manager accessed vigorously in the past annual quarter: 1,163,616 shares found the way to the depot. This was on June 30, 14,157,321 SAP share worth around $ 4.31 billion in their portfolio. With a share of 1.71 percent at the total depot, SAP secures ninth place in the ranking.
The participation in JPMorgan reduced Fisher Asset Management in the past annual quarter by 16.3 percent, which now came to eighth – after sixth place in the previous quarter. After the sale of 2,993,722 shares, the bank was still 15,375,410 shares in the bank at the end of the quarter, which together were worth around $ 4.46 billion. This made them a share of 1.77 percent in the total depot.
With Goldman Sachs, another position can be found in the top ten. Fisher Asset Management expanded its position in the past quarter around 227,604 titles to 6,539,746 shares. With a value of around 4.63 billion US dollars, they made 1.84 percent on the total depot, which gave them seventh place in the ranking.
In the second quarter of 2025, Ken Fisher separated from 94,181 shares of Facebook mother Meta Platforms, so that he only held 6,356,667 shares in the time. As of June 30, 2025, the participation in the Mark Zuckerberg group was worth around $ 4.69 billion – this corresponded to a share of 1.86 percent in the total depot.
As in the first quarter, the A-shares of Google mother Alphabet were also fifth in the Fisher depot in the second quarter of 2025. However, the participation in the past annual quarter was reduced by 331,249 papers. As of the company, Ken Fisher kept a total of 36,685,062 A shares of the company, which had a value of around $ 6.47 billion. The participation thus accounted for 2.57 percent of the total portfolio.
The participation in Amazon ended up fourth with a deposit share of 2.83 percent in the second quarter of 2025 – as in the previous quarter. Fisher, however, reduced the position in the past annual quarter by 96,884 shares. On June 30, 32,482.019 Amazon shares were still in the portfolio of Fisher Asset Management. At that time, these were worth around $ 7.13 billion.
Source: sec.gov, Image: Jonathan Weiss / Shutterstock.com
3rd place: Apple
Apple had to hand in its top position in the depot in the past annual quarter – even though the asset manager opened his position by 267,208 titles. As of the cut-off date, a total of 53,555,986 shares of the icon in the depot, which were worth around $ 10.99 billion. This corresponded to a share of 4.36 percent in the overall portfolio of Fisher Asset Management and thus means third place in the ranking.
Source: sec.gov, Image: Marek Szandurski / Shutterstock.com
2nd place: Microsoft
Microsoft was able to make up a place compared to the previous quarter – even though Ken Fischer started the red pencil in the past annual quarter: he sold 900,270 shares and thus reduced the position to 24,297,369 papers. These came to a total value of around $ 12.09 billion at the end of the quarter. This corresponded to a share of 4.80 percent in the total depot and was enough for second place.
The top position in the Fisher Asset Management depot secured Ki-Platzhirsch Nvidia in the past annual quarter. However, the participation became significantly smaller: around 8229,696 shares to 82,511,422 papers has reduced the position of Fisher’s asset manager. As of the deadline, the value of the remaining Nvidia shares was around $ 13.04 billion, which corresponded to a 5.18 percent share of the portfolio.
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