Fisher Funds Management LTD

CIK

1435028

Location

AUCKLAND, Q2

Portfolio Value

Mid $3,481,698,170

Diversification

Diversified

Filing Date

Global Rank

#956 / 8,700 ▲ 65

Top Industry

Semiconductors 10.6%

Period ended 2 months ago

Filed Jul 14, 2026 · 2mo

7 quarters · since Dec 2024

Portfolio Concentration

171 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.1%

+0.3 pts

Top 5

21.7%

+2.1 pts

Top 10

32.3%

+1.6 pts

HHI

177

Diversified+7

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	27.4%	$955,032,304	33
Financial Services	16.6%	$578,231,038	27
Healthcare	15.2%	$529,520,588	27
Communication Services	10.2%	$353,761,972	10
Consumer Cyclical	9.7%	$336,211,877	15
Industrials	7.6%	$264,212,242	21
Utilities	4.3%	$151,216,892	8
Energy	3.0%	$104,580,868	4
Real Estate	2.2%	$77,666,114	5
Basic Materials	2.2%	$76,216,780	9
Consumer Defensive	1.5%	$53,476,816	11
Unclassified	0.0%	$1,570,679	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WMB	Williams Companies, Inc.	+290,831	624,065	$46,392,992
NVDA	Nvidia Corp	+254,032	823,841	$164,842,345
WBD	Warner Bros. Discovery, Inc.	+205,000	899,932	$23,992,187
BSX	Boston Scientific Corp	+146,900	1,007,864	$43,015,635
V	Visa Inc.	+92,715	118,511	$40,659,938
SPGI	S&P Global Inc.	+62,921	71,588	$27,582,713
AAPL	Apple Inc.	+57,815	318,286	$92,099,236
AWK	American Water Works Company, Inc.	+53,631	78,502	$10,329,293
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+40,667	65,978	$31,509,113
MSFT	Microsoft Corp	+37,608	564,767	$210,669,386
COF	Capital One Financial Corp	+28,871	130,192	$26,119,119
ASML	Asml Holding NV	+13,659	25,777	$51,281,792
AXP	American Express Co	+11,967	96,344	$32,588,358
VST	Vistra Corp.	+10,874	150,963	$23,947,260
KLAC	Kla Corp	+8,802	9,780	$2,950,723
WFC	Wells Fargo & Company/Mn	+8,317	23,712	$1,959,559
C	Citigroup Inc	+4,923	17,558	$2,457,417
LLY	ELI LILLY & Co	+4,000	14,451	$17,332,964
AMD	Advanced Micro Devices Inc	+3,642	10,161	$5,902,626
MS	Morgan Stanley	+3,151	11,285	$2,359,016
MCD	Mcdonalds Corp	+2,215	8,726	$2,358,725
MELI	Mercadolibre Inc	+519	35,990	$61,089,066
JPM	Jpmorgan Chase & Co	+1	151,953	$49,738,775
MLM	Martin Marietta Materials Inc	+1	31,644	$18,249,094
IBP	Installed Building Products, Inc.	+1	28,967	$6,657,775
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KMI	Kinder Morgan, Inc.	−400,954	896,697	$28,667,403
F	Ford Motor Co	−144,698	671,584	$9,335,017
NFLX	Netflix Inc	−131,335	694,523	$49,588,942
EW	Edwards Lifesciences Corp	−121,948	397,646	$35,971,057
ODFL	Old Dominion Freight Line, Inc.	−114,449	160,100	$34,677,660
WCN	Waste Connections, Inc.	−113,498	83,010	$13,836,936
INTC	Intel Corp	−110,742	193,971	$27,084,170
EPD	Enterprise Products Partners L.P.	−104,030	255,933	$9,408,097
CSCO	Cisco Systems, Inc.	−101,995	226,634	$26,620,429
KKR	KKR & Co. Inc.	−101,171	325,985	$29,918,903
UBER	Uber Technologies, Inc	−100,284	687,742	$49,627,462
CMS	Cms Energy Corp	−96,554	429,193	$32,833,264
AMZN	Amazon Com Inc	−96,315	597,393	$142,382,647
OMAB	Central North Airport Group	−88,480	60,071	$6,793,429
HCA	HCA Healthcare, Inc.	−74,755	23,224	$9,054,805
DXCM	Dexcom Inc	−69,634	840,950	$56,637,982
DHR	Danaher Corp /De/	−66,819	292,066	$55,632,731
GOOGL	Alphabet Inc.	−52,592	377,935	$135,062,630
ON	On Semiconductor Corp	−52,305	26,157	$2,472,882
AMT	American Tower Corp /Ma/	−44,572	164,898	$26,972,365
QCOM	Qualcomm Inc/De	−43,169	52,992	$9,792,391
T	At&T Inc.	−40,599	700,833	$14,507,243
AMAT	Applied Materials Inc /De	−40,346	40,717	$29,438,391
MCK	Mckesson Corp	−32,995	10,895	$8,232,262
STLD	Steel Dynamics Inc	−32,675	55,789	$12,801,343
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
TRGP	Targa Resources Corp.	75,007	$20,112,376
HDB	Hdfc Bank Ltd	665,937	$17,201,152
WMT	Walmart Inc.	44,882	$5,083,335
COST	Costco Wholesale Corp /New	2,959	$2,768,055
TXN	Texas Instruments Inc	7,000	$2,086,490
KO	Coca Cola Co	18,000	$1,462,860
VGNT	Versigent PLC	8,309	$349,061
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
DG	Dollar General Corp	105,665	$12,545,605
ADBE	Adobe Inc.	34,152	$8,301,668
DD	DuPont de Nemours, Inc.	58,733	$2,689,971
DRTS	Alpha Tau Medical Ltd.	166,836	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

171 tracked positions · $3,481,698,170 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 171 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	564,767	+37,608	$210,669,386	+8.0%	6.05%
NVDA	Nvidia Corp Technology	Added	823,841	+254,032	$164,842,345	+65.9%	4.73%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	597,393	-96,315	$142,382,647	−1.5%	4.09%
GOOGL	Alphabet Inc. Communication Services	Reduced	377,935	-52,592	$135,062,630	+9.1%	3.88%
META	Meta Platforms, Inc. Communication Services	Reduced	179,034	-2,753	$100,848,061	−3.0%	2.90%
AAPL	Apple Inc. Technology	Added	318,286	+57,815	$92,099,236	+39.3%	2.65%
MA	Mastercard Inc Financial Services	Reduced	175,563	-20,136	$90,169,156	−7.8%	2.59%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	1,069,475	-17,413	$63,484,036	+15.0%	1.82%
AVGO	Broadcom Inc. Technology	Reduced	166,610	-17,911	$62,936,927	+10.2%	1.81%
MELI	Mercadolibre Inc Consumer Cyclical	Added	35,990	+519	$61,089,066	−0.4%	1.75%
DXCM	Dexcom Inc Healthcare	Reduced	840,950	-69,634	$56,637,982	−1.0%	1.63%
DHR	Danaher Corp /De/ Healthcare	Reduced	292,066	-66,819	$55,632,731	−18.2%	1.60%
ASML	Asml Holding NV Technology	Added	25,777	+13,659	$51,281,792	+220.4%	1.47%
NEE	Nextera Energy Inc Utilities	Held	582,884	0	$51,159,728	−5.5%	1.47%
JPM	Jpmorgan Chase & Co Financial Services	Added	151,953	+1	$49,738,775	+11.3%	1.43%
UBER	Uber Technologies, Inc Technology	Reduced	687,742	-100,284	$49,627,462	−12.4%	1.43%
NFLX	Netflix Inc Communication Services	Reduced	694,523	-131,335	$49,588,942	−37.6%	1.42%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	118,359	-23,797	$47,069,007	−28.2%	1.35%
MU	Micron Technology Inc Technology	Reduced	40,629	-18,014	$46,897,648	+136.7%	1.35%
MSCI	MSCI Inc. Financial Services	Reduced	83,148	-26,012	$46,566,205	−20.9%	1.34%
WMB	Williams Companies, Inc. Energy	Added	624,065	+290,831	$46,392,992	+91.3%	1.33%
BSX	Boston Scientific Corp Healthcare	Added	1,007,864	+146,900	$43,015,635	−20.4%	1.24%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	181,006	-26,213	$41,553,547	−7.4%	1.19%
V	Visa Inc. Financial Services	Added	118,511	+92,715	$40,659,938	+421.5%	1.17%
EW	Edwards Lifesciences Corp Healthcare	Reduced	397,646	-121,948	$35,971,057	−13.5%	1.03%
ZTS	Zoetis Inc. Healthcare	Held	491,051	0	$35,286,924	−39.2%	1.01%
ODFL	Old Dominion Freight Line, Inc. Industrials	Reduced	160,100	-114,449	$34,677,660	−35.4%	1.00%
EFX	Equifax Inc Industrials	Reduced	214,436	-12,215	$34,035,281	−16.6%	0.98%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	153,654	-24,680	$33,565,716	−5.1%	0.96%
CMS	Cms Energy Corp Utilities	Reduced	429,193	-96,554	$32,833,264	−19.5%	0.94%
HUM	Humana Inc Healthcare	Reduced	82,603	-24,064	$32,811,563	+77.4%	0.94%
AXP	American Express Co Financial Services	Added	96,344	+11,967	$32,588,358	+27.7%	0.94%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Reduced	134,939	-12,077	$32,025,072	−6.6%	0.92%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	65,978	+40,667	$31,509,113	+268.4%	0.90%
TW	Tradeweb Markets Inc. Financial Services	Reduced	300,574	-3,225	$29,955,204	−16.2%	0.86%
KKR	KKR & Co. Inc. Financial Services	Reduced	325,985	-101,171	$29,918,903	−24.3%	0.86%
AMAT	Applied Materials Inc /De Technology	Reduced	40,717	-40,346	$29,438,391	+6.3%	0.85%
KMI	Kinder Morgan, Inc. Energy	Reduced	896,697	-400,954	$28,667,403	−34.1%	0.82%
JNJ	Johnson & Johnson Healthcare	Reduced	110,089	-13,254	$27,959,303	−7.3%	0.80%
SPGI	S&P Global Inc. Financial Services	Added	71,588	+62,921	$27,582,713	+648.2%	0.79%
INTC	Intel Corp Technology	Reduced	193,971	-110,742	$27,084,170	+101.4%	0.78%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	54,037	0	$27,039,574	+4.4%	0.78%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	164,898	-44,572	$26,972,365	−25.4%	0.77%
CSCO	Cisco Systems, Inc. Technology	Reduced	226,634	-101,995	$26,620,429	+4.4%	0.76%
COF	Capital One Financial Corp Financial Services	Added	130,192	+28,871	$26,119,119	+41.3%	0.75%
ICLR	Icon PLC Healthcare	Reduced	149,726	-24,565	$26,008,903	+34.9%	0.75%
ABBV	AbbVie Inc. Healthcare	Reduced	99,740	-5,778	$25,098,573	+9.4%	0.72%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Held	285,288	0	$24,720,205	+10.2%	0.71%
EQIX	Equinix Inc Real Estate	Held	23,071	0	$24,048,979	+6.3%	0.69%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	899,932	+205,000	$23,992,187	+25.7%	0.69%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.