Ken Fisher's 13F Filing Reveals New Buys, Significant Increase in Royal Bank of Canada

Ken Fisher, CEO and CIO of Fisher Investments, recently submitted his 13F filing for Q2 2025. Fisher added 94 stocks, including Canadian National Railway Co, Canadian Imperial Bank of Commerce, and Adtalem Global Education Inc. He also increased stakes in 332 stocks, including Royal Bank of Canada and Sony Group Corp. Fisher's investment philosophy focuses on identifying information not widely known or interpreting widely known information differently to add value.

Ken Fisher, CEO and CIO of Fisher Investments, recently submitted his 13F filing for the second quarter of 2025, offering valuable insights into his investment strategies. The filing reveals significant additions and increases in stakes across various sectors, highlighting Fisher's focus on identifying information not widely known or interpreting widely known information differently to add value.

Fisher added 94 stocks to his portfolio during the quarter, with notable inclusions being Canadian National Railway Co (CNI), Canadian Imperial Bank of Commerce (CM), and Adtalem Global Education Inc (ATGE). The most significant addition was CNI, with 1,823,800 shares, accounting for 0.08% of the portfolio and a total value of $189.75 million [1]. CM followed with 1,251,017 shares, representing approximately 0.04% of the portfolio and a total value of $88.61 million. ATGE contributed 335,605 shares, accounting for 0.02% of the portfolio and a total value of $42.70 million.

In addition to these new additions, Fisher increased stakes in 332 stocks. The most notable increase was in Royal Bank of Canada (RY), with an additional 5,289,330 shares, bringing the total to 5,723,581 shares. This adjustment represents a significant 1,218.04% increase in share count, a 0.28% impact on the current portfolio, with a total value of $752.94 million. Sony Group Corp (SONY) also saw a substantial increase, with an additional 16,280,542 shares, bringing the total to 101,878,066, representing a significant 19.02% increase in share count, with a total value of $2.65 billion [1].

Fisher's investment philosophy, rooted in the principles of supply and demand, emphasizes the importance of identifying information not widely known or interpreting widely known information differently to add value. This approach is reflected in his strategic moves, which often contradict Wall Street's consensus forecast [1].

The portfolio overview at the end of Q2 2025 included 986 stocks, with top holdings including 5.18% in NVIDIA Corp (NVDA), 4.8% in Microsoft Corp (MSFT), 4.36% in Apple Inc (AAPL), 3.37% in Vanguard Intermediate-Term Corporate Bond ETF (VCIT), and 2.83% in Amazon.com Inc (AMZN). The holdings are mainly concentrated in 10 out of 11 industries: Technology, Financial Services, Industrials, Healthcare, Communication Services, Consumer Cyclical, Energy, Consumer Defensive, Basic Materials, and Real Estate [1].

Fisher's strategic moves underscore his commitment to a disciplined, data-driven approach to investing, which has been a hallmark of his career. As investors and financial professionals continue to monitor his moves, they can gain valuable insights into the market's dynamics and potential opportunities.

References:
[1] https://finance.yahoo.com/news/ken-fishers-strategic-moves-oracle-190218225.html
[2] https://www.globenewswire.com/news-release/2025/08/12/3131585/0/en/Purpose-Investments-Announces-Filing-of-Preliminary-Prospectus-for-15-New-Canadian-Yield-Shares-ETFs.html