Ken Fisher is not betting on a recession. The billionaire founder of Fisher Asset Management has just revealed his latest portfolio, and the message is loud and clear: Buy the Winners.
With assets under management swelling to over $276 billion in late 2025, Fisher has doubled down on the technology sector while building a fortress in financials. If you want to invest like a billionaire, you need to look at the "Heavyweights" driving his returns.
Ken Fisher 12 stock picks: The "All-Weather" Blueprint
The core of the portfolio is not about finding obscure penny stocks; it is about aggressive sizing in the world's most dominant companies. The latest Ken Fisher 12 stock picks reveal a strategy focused on high-margin tech and deep-value banking.
Here is the breakdown of the top 12 convictions driving the fund:
NVIDIA (NVDA): The #1 holding (5.71%). Fisher is betting that the demand for AI chips is nowhere near its peak.
Apple (AAPL): A massive $13.8B position, signaling faith in the iPhone upgrade cycle.
Microsoft (MSFT): The enterprise AI play remains a top-3 anchor.
Alphabet (GOOGL): Despite regulatory noise, Fisher holds over $9B in Google.
Amazon (AMZN): A key play on both e-commerce resilience and AWS cloud dominance.
Meta Platforms (META): A bet on digital advertising efficiency and the metaverse pivot.
Taiwan Semiconductor (TSM): The "arms dealer" of the chip war, vital for the entire tech ecosystem.
Broadcom (AVGO): A critical infrastructure pick for the AI data center build-out.
ASML Holding (ASML): A unique European tech play controlling the lithography market.
Goldman Sachs (GS): A surprising "Overweight" position, betting on a revival in deal-making.
JPMorgan Chase (JPM): The "Fortress Balance Sheet" bank to hedge against volatility.
Salesforce (CRM): A continued bet on the digitization of the global workforce.
The "Barbell" Strategy: Chips and Banks
Investors analyzing the Ken Fisher 12 stock picks will notice a distinct "Barbell" approach.
On one side, Fisher is "All-In" on the AI Infrastructure Trade (NVIDIA, TSMC, ASML, Broadcom). He isn't just buying the software; he owns the hardware that powers it.
On the other side, he is protecting capital with Big Finance (Goldman Sachs, JPMorgan). By pairing high-growth semiconductors with undervalued banking giants, Fisher is positioning his fund to win regardless of whether interest rates stay high or fall in 2026.
The Takeaway: Fisher’s strategy for 2025 is simple—don't fight the trend. The biggest companies are getting bigger, and his portfolio is priced for a continued bull run.
mvkel•1mo ago
If following any of this worked, this website wouldn't exist.
EvansWilson•1mo ago
With assets under management swelling to over $276 billion in late 2025, Fisher has doubled down on the technology sector while building a fortress in financials. If you want to invest like a billionaire, you need to look at the "Heavyweights" driving his returns.
Ken Fisher 12 stock picks: The "All-Weather" Blueprint
The core of the portfolio is not about finding obscure penny stocks; it is about aggressive sizing in the world's most dominant companies. The latest Ken Fisher 12 stock picks reveal a strategy focused on high-margin tech and deep-value banking.
Here is the breakdown of the top 12 convictions driving the fund:
NVIDIA (NVDA): The #1 holding (5.71%). Fisher is betting that the demand for AI chips is nowhere near its peak. Apple (AAPL): A massive $13.8B position, signaling faith in the iPhone upgrade cycle. Microsoft (MSFT): The enterprise AI play remains a top-3 anchor. Alphabet (GOOGL): Despite regulatory noise, Fisher holds over $9B in Google. Amazon (AMZN): A key play on both e-commerce resilience and AWS cloud dominance. Meta Platforms (META): A bet on digital advertising efficiency and the metaverse pivot. Taiwan Semiconductor (TSM): The "arms dealer" of the chip war, vital for the entire tech ecosystem. Broadcom (AVGO): A critical infrastructure pick for the AI data center build-out. ASML Holding (ASML): A unique European tech play controlling the lithography market. Goldman Sachs (GS): A surprising "Overweight" position, betting on a revival in deal-making. JPMorgan Chase (JPM): The "Fortress Balance Sheet" bank to hedge against volatility. Salesforce (CRM): A continued bet on the digitization of the global workforce.
The "Barbell" Strategy: Chips and Banks
Investors analyzing the Ken Fisher 12 stock picks will notice a distinct "Barbell" approach.
On one side, Fisher is "All-In" on the AI Infrastructure Trade (NVIDIA, TSMC, ASML, Broadcom). He isn't just buying the software; he owns the hardware that powers it.
On the other side, he is protecting capital with Big Finance (Goldman Sachs, JPMorgan). By pairing high-growth semiconductors with undervalued banking giants, Fisher is positioning his fund to win regardless of whether interest rates stay high or fall in 2026.
The Takeaway: Fisher’s strategy for 2025 is simple—don't fight the trend. The biggest companies are getting bigger, and his portfolio is priced for a continued bull run.