Fisher Asset Management 13F, Q1 2026
Ken Fisher · quarter ending 31 March 2026 · filed 5 May 2026 · SEC CIK 850529
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 1,015 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| NVIDIA CORP COM | NVDA | $15.44B | 5.2% | +3% shares |
| APPLE INC | AAPL | $14.32B | 4.9% | +2% shares |
| ISHARES TR 7 10YR TR BD ETF | IEF | $14.03B | 4.8% | +9% shares |
| ALPHABET INC CLASS A | GOOGL | $11.23B | 3.8% | +3% shares |
| MICROSOFT CORP | MSFT | $9.60B | 3.3% | +3% shares |
| VANGUARD FDS INT TERM CORP | VCIT | $7.38B | 2.5% | +6% shares |
| AMAZON COM INC COM | AMZN | $7.12B | 2.4% | unchanged |
| CATERPILLAR INC | CAT | $6.93B | 2.4% | +3% shares |
| TAIWAN SEMICONDUCTOR MANUF ADR | TSM | $6.29B | 2.1% | +3% shares |
| ASML HLDG NV NYS | $6.08B | 2.1% | +3% shares | |
| GOLDMAN SACHS GROUP INC | GS | $5.78B | 2.0% | unchanged |
| EXXON MOBIL CORP | XOM | $5.48B | 1.9% | +3% shares |
| WALMART INC | WMT | $5.09B | 1.7% | unchanged |
| JPMORGAN CHASE CO | JPM | $5.01B | 1.7% | +6% shares |
| BROADCOM INC COM | AVGO | $4.55B | 1.5% | +6% shares |
| CHEVRON CORPORATION | CVX | $4.53B | 1.5% | unchanged |
| ELI LILLY CO | LLY | $4.45B | 1.5% | +5% shares |
| RTX CORPORATION COM | RTX | $4.29B | 1.5% | +2% shares |
| MORGAN STANLEY | MS | $4.21B | 1.4% | +2% shares |
| CITIGROUP INC | C | $3.99B | 1.4% | +4% shares |
| FREEPORT MCMORAN INC | FCX | $3.83B | 1.3% | unchanged |
| META PLATFORMS INC CL A | META | $3.82B | 1.3% | unchanged |
| HOME DEPOT INC | HD | $3.39B | 1.1% | unchanged |
| COSTCO WHOLESALE CORPORATION | COST | $3.21B | 1.1% | unchanged |
| MERCK CO INC | MRK | $3.18B | 1.1% | +6% shares |
What changed since Q4 2025
Against the Q4 2025 filing, Fisher Asset Management opened 118 new positions, added to 330, trimmed 372, left 195 unchanged and exited 119. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 110 more
Exited
- AZNNwas $1.99B
- TCOMwas $174.83M
- 62Cwas $54.56M
- WBSwas $45.15M
- CADEwas $29.61M
- HUBGwas $28.44M
- GOwas $25.72M
- ACLXGBXwas $21.05M
and 111 more
Added to
- NVDA+3%$15.44B
- AAPL+2%$14.32B
- IEF+9%$14.03B
- GOOGL+3%$11.23B
- MSFT+3%$9.60B
- VCIT+6%$7.38B
- CAT+3%$6.93B
- TSM+3%$6.29B
and 322 more
Trimmed
- BLK-2%$1.71B
- TOTALENERGIES SE ACT-7%$1.63B
- ING-7%$1.29B
- SPOTIFY TECHNOLOGY S A-3%$1.26B
- COF-5%$1.20B
- INTU-11%$879.95M
- NOW-4%$839.85M
- TRANE TECHNOLOGIES PLC-5%$775.74M
and 364 more
Other quarters
Source: SEC Form 13F-HR, accession 0000850529-26-000004, filed by Fisher Asset Management, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.