Fisher Asset Management, LLC · Q2 2026 13F · SEC CIK 850529

Ken Fisher portfolio

Wealth managerFisher Investments 13F holdings. Filed 2026-08-04 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $335.8B
Reported positions: 1,036
Top holdings a year, 3 yrs: +28.5%
Assets under management: $386.7B

Ken Fisher is the founder of Fisher Investments, which reported 1,036 positions worth $335.8B in its Q2 2026 13F, filed 2026-08-04. Its largest holdings were Nvidia Corporation Com (NVDA, 5.4%), Apple Inc (AAPL, 5.0%), iShs 7-10 ys Tsy (IEF, 4.5%). A portfolio copying its top holdings returned 28.5% a year over the last 3 years, against 21.8% for the S&P 500.

Ken Fisher holdings largest 50 of 1,036 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ken Fisher 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	5.4%	5.2%	90,935,947	+2.7%	$18.2B
AAPLApple Inc	5.0%	4.9%	57,610,104	+2.1%	$16.7B
IEFiShs 7-10 ys Tsy	4.5%	4.8%	160,964,153	+9.5%	$15.2B
GOOGLAlphabet Inc	4.3%	3.8%	39,989,840	+2.4%	$14.3B
CATCaterpillar Inc Com	3.2%	2.3%	9,942,521	+1.7%	$10.6B
MSFTMicrosoft Corp	3.0%	3.3%	26,611,728	+2.6%	$9.9B
ASMLAsml Hldg NV	2.8%	2.1%	4,737,614	+3.0%	$9.4B
TSMTaiwan Semiconductor Manufac	2.7%	2.1%	18,866,198	+1.3%	$9.0B
AMZNAmazon Com Inc Com	2.5%	2.4%	34,978,432	+2.3%	$8.3B
VCITVanguard Scottsdale Fds	2.4%	2.5%	95,703,099	+7.3%	$7.9B
GSGoldman Sachs Group Inc	2.1%	2.0%	6,964,113	+2.0%	$7.0B
LLYLilly Eli & Co	1.8%	1.5%	5,063,516	+4.6%	$6.1B
AVGOBroadcom Inc	1.7%	1.5%	15,131,673	+3.0%	$5.7B
JPMJpmorgan Chase & Co	1.7%	1.7%	17,427,412	+2.4%	$5.7B
MSMorgan Stanley Com New	1.6%	1.4%	26,172,995	+2.2%	$5.5B
CCitigroup Inc Com New	1.5%	1.4%	36,456,162	+3.5%	$5.1B
MRKMerck & Co. Inc	1.5%	1.1%	38,516,263	+45.7%	$4.9B
WMTWalmart Inc	1.4%	1.7%	41,493,173	+1.3%	$4.7B
RTXRtx Corporation Com	1.3%	1.5%	22,872,255	+2.8%	$4.3B
GEGe Aerospace	1.3%	—	11,588,047	—	$4.3B
XOMExxon Mobil Corp	1.3%	1.9%	31,468,114	-2.5%	$4.3B
FCXFreeport Mcmoran Inc Cl B	1.3%	1.3%	66,922,014	+2.8%	$4.2B
GEVGe Vernova Inc	1.2%	—	3,559,479	—	$4.2B
CSCOCisco Sys Inc	1.2%	—	33,412,725	—	$3.9B
METAMeta Platforms Inc Class A	1.1%	1.3%	6,794,023	+1.6%	$3.8B
UNHUnitedhealth Group Inc Com	1.1%	—	9,082,269	—	$3.8B
HDHome Depot Inc Com	1.1%	1.1%	10,360,718	+0.7%	$3.7B
JNJJohnson & Johnson	1.0%	0.8%	13,307,056	+43.6%	$3.4B
BACBank of Amer Corp	1.0%	0.9%	59,215,368	+3.3%	$3.4B
UBSUbs Group AG	1.0%	0.9%	64,920,294	-1.7%	$3.2B
AXPAmerican Express Co Com	0.9%	0.9%	9,426,671	+1.9%	$3.2B
COSTCostco Whsl Corp New	0.9%	1.1%	3,253,040	+1.0%	$3.0B
CVXChevron Corp New	0.8%	1.5%	16,657,865	-23.9%	$2.8B
PFEPfizer Inc	0.8%	1.0%	109,067,291	+3.9%	$2.6B
VVisa Inc Com Cl A	0.8%	0.8%	7,649,303	+0.8%	$2.6B
CMICummins Inc	0.8%	0.6%	3,595,361	+2.8%	$2.6B
BCSBarclays PLC	0.8%	0.7%	93,904,423	+2.7%	$2.5B
BPBp PLC Sponsored ADR ADR	0.7%	1.1%	66,310,416	-0.5%	$2.5B
NVSNovartis AG	0.7%	0.7%	15,523,378	+11.8%	$2.4B
ABBVAbbvie Inc	0.7%	0.7%	9,497,970	+4.5%	$2.4B
SAPGFSap SE	0.7%	0.8%	14,931,460	+2.7%	$2.3B
SONYSony Corporation ADR (jpn)	0.7%	0.8%	112,216,813	+1.4%	$2.3B
MAMastercard Inc.	0.7%	0.7%	4,357,285	-1.1%	$2.2B
SHELShell PLC	0.6%	0.9%	27,633,155	+0.6%	$2.1B
AZNAstrazeneca PLC Ord	0.6%	0.7%	11,146,292	+2.8%	$2.1B
BHPBhp Billiton Limited	0.6%	0.6%	24,341,120	+2.0%	$2.0B
SCHWSchwab Charles Corp	0.6%	0.7%	21,952,062	-1.2%	$2.0B
DEDeere & Co Com	0.6%	—	3,179,375	—	$2.0B
PANWPalo Alto Networks Inc	0.6%	—	5,755,989	—	$2.0B
RIORio Tinto PLC	0.6%	0.6%	20,675,995	+2.7%	$2.0B

What Ken Fisher bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +28.8% /yr; S&P 500 +20.1%
3 years: +28.5% /yr; S&P 500 +21.8%
5 years: +12.6% /yr; S&P 500 +11.8%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$335.8B	1,036
Q1 2026	$294.9B	1,015
Q4 2025	$293.0B	1,016
Q3 2025	$276.3B	1,014
Q2 2025	$251.9B	986
Q1 2025	$231.0B	999
Q4 2024	$251.3B	975
Q3 2024	$244.0B	918
Q2 2024	$229.9B	985
Q1 2024	$214.1B	963
Q4 2023	$189.1B	980
Q3 2023	$176.3B	1,167

Questions about Ken Fisher's portfolio

Who is Ken Fisher?

Ken Fisher is the founder of Fisher Investments, a wealth manager that files its US stock holdings with the SEC on Form 13F under the name Fisher Asset Management, LLC.

What stocks does Ken Fisher own?

Fisher Asset Management, LLC's latest 13F, for Q2 2026 and filed Aug 4, 2026, lists 1,036 positions worth $335.8B. The largest are Nvidia Corporation Com (NVDA) at 5.4%, Apple Inc (AAPL) at 5.0%, iShs 7-10 ys Tsy (IEF) at 4.5%, Alphabet Inc (GOOGL) at 4.3% and Caterpillar Inc Com (CAT) at 3.2%.

What did Ken Fisher buy last quarter?

In Q2 2026, Fisher Asset Management, LLC added Merck & Co. Inc (MRK) (+45.7% shares), Johnson & Johnson (JNJ) (+43.6% shares) and Novartis AG (NVS) (+11.8% shares), compared with its Q1 2026 filing.

What did Ken Fisher sell last quarter?

In Q2 2026, Fisher Asset Management, LLC cut from its top 50 Johnson Controls Internation (JCI), cut from its top 50 Canadian Nat Res Ltd Med Term Com (CNQ), cut from its top 50 Conocophillips (COP), cut from its top 50 Netflix Inc Total (NFLX), cut from its top 50 Gsk PLC (GSK) and Chevron Corp New (CVX) (-23.9% shares), compared with its Q1 2026 filing.

How has Ken Fisher's portfolio performed?

A portfolio copying Fisher Asset Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +28.5% a year over the last 3 years, against +21.8% for the S&P 500. Over 1 year: +28.8% against +20.1%. Over 5 years: +12.6% a year against +11.8%.

When is Fisher Asset Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Fisher Asset Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Fisher Asset Management, LLC manage?

Fisher Asset Management, LLC reported $386.7B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $335.8B.