United have been linked with several players, including the likes of Bayern Munich star Franck Ribery.
“We won’t be going for a lot of players ourselves this summer, that is a fact,” said the Scot.
“We have a big squad at the moment and I can honestly say there is no one we have actually identified that we want to bring here at the moment.
“We have had a look at quite a few players over the year, as we normally do, but we are not looking to add a lot of players to our squad.”
But Fergie expects much transfer activity at rivals Manchester City, who they will face in the Premier League on Sunday.
“It is going to be a busy summer for them,” said Ferguson.
“But it is all about availability. Some clubs don’t want to sell their players to anyone, which is admirable.
“It is a difficulty. You could have a check list of players but it is reduced by 50% because clubs don’t want to sell.
“Then a lot of clubs, knowing that City have that money there, will be adding noughts onto the value of every player they go for.
“Mark has to try and evaluate the players he wants at his values rather than their values. That is the difficult thing.”