Fisher Funds Management LTD
Filing Date
Global Rank
#132
/ 2,968
▲ 727
Top Industry
Semiconductors
10.6%
3Y Alpha vs SPY
-10.0%
Period ended 29 days ago
Filed Jul 14, 2026 · 15d
7 quarters · since Dec 2024
Clone Performance
Feb 2025–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+8.4%
SPY
+23.3%
Annualised alpha
-9.8%
Max drawdown
−16.6%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 6 quarters. Past performance does not predict future results.
Portfolio Concentration
171 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
6.1%
+0.3 pts
Top 5
21.7%
+2.5 pts
Top 10
32.3%
+2.0 pts
HHI
177
Diversified+9
Portfolio Trend
7 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 27.4% | $955,032,304 |
| Financial Services | 16.6% | $578,231,038 |
| Healthcare | 15.2% | $529,520,588 |
| Communication Services | 10.2% | $353,761,972 |
| Consumer Cyclical | 9.7% | $336,211,877 |
| Industrials | 7.6% | $264,212,242 |
| Utilities | 4.3% | $151,216,892 |
| Energy | 3.0% | $104,580,868 |
| Real Estate | 2.2% | $77,666,114 |
| Basic Materials | 2.2% | $76,216,780 |
| Consumer Defensive | 1.5% | $53,476,816 |
| Unclassified | 0.0% | $1,570,679 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | |
| GOOGL | Alphabet Inc. | +12,736 | 377,935 | $135,062,630 | |
| 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 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| AJG | Arthur J. Gallagher & Co. | −26,213 | 181,006 | $41,553,547 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| 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. | ||||
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 | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Added | 564,767 | $210,669,386 | 6.05% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 823,841 | $164,842,345 | 4.73% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 597,393 | $142,382,647 | 4.09% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 377,935 | $135,062,630 | 3.88% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 179,034 | $100,848,061 | 2.90% | |
| AAPL |
Apple Inc.
Technology
|
Added | 318,286 | $92,099,236 | 2.65% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 175,563 | $90,169,156 | 2.59% | |
| FND |
Floor & Decor Holdings, Inc.
Consumer Cyclical
|
Reduced | 1,069,475 | $63,484,036 | 1.82% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 166,610 | $62,936,927 | 1.81% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Added | 35,990 | $61,089,066 | 1.75% | |
| DXCM |
Dexcom Inc
Healthcare
|
Reduced | 840,950 | $56,637,982 | 1.63% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Reduced | 292,066 | $55,632,731 | 1.60% | |
| ASML |
Asml Holding NV
Technology
|
Added | 25,777 | $51,281,792 | 1.47% | |
| NEE |
Nextera Energy Inc
Utilities
|
Held | 582,884 | $51,159,728 | 1.47% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 151,953 | $49,738,775 | 1.43% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 687,742 | $49,627,462 | 1.43% | |
| NFLX |
Netflix Inc
Communication Services
|
Reduced | 694,523 | $49,588,942 | 1.42% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Reduced | 118,359 | $47,069,007 | 1.35% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 40,629 | $46,897,648 | 1.35% | |
| MSCI |
MSCI Inc.
Financial Services
|
Reduced | 83,148 | $46,566,205 | 1.34% | |
| WMB |
Williams Companies, Inc.
Energy
|
Added | 624,065 | $46,392,992 | 1.33% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 1,007,864 | $43,015,635 | 1.24% | |
| AJG |
Arthur J. Gallagher & Co.
Financial Services
|
Reduced | 181,006 | $41,553,547 | 1.19% | |
| V |
Visa Inc.
Financial Services
|
Added | 118,511 | $40,659,938 | 1.17% | |
| EW |
Edwards Lifesciences Corp
Healthcare
|
Reduced | 397,646 | $35,971,057 | 1.03% | |
| ZTS |
Zoetis Inc.
Healthcare
|
Held | 491,051 | $35,286,924 | 1.01% | |
| ODFL |
Old Dominion Freight Line, Inc.
Industrials
|
Reduced | 160,100 | $34,677,660 | 1.00% | |
| EFX |
Equifax Inc
Industrials
|
Reduced | 214,436 | $34,035,281 | 0.98% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
Reduced | 153,654 | $33,565,716 | 0.96% | |
| CMS |
Cms Energy Corp
Utilities
|
Reduced | 429,193 | $32,833,264 | 0.94% | |
| HUM |
Humana Inc
Healthcare
|
Reduced | 82,603 | $32,811,563 | 0.94% | |
| AXP |
American Express Co
Financial Services
|
Added | 96,344 | $32,588,358 | 0.94% | |
| FERG |
Ferguson Enterprises Inc. /DE/
Industrials
|
Reduced | 134,939 | $32,025,072 | 0.92% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 65,978 | $31,509,113 | 0.90% | |
| TW |
Tradeweb Markets Inc.
Financial Services
|
Reduced | 300,574 | $29,955,204 | 0.86% | |
| KKR |
KKR & Co. Inc.
Financial Services
|
Reduced | 325,985 | $29,918,903 | 0.86% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 40,717 | $29,438,391 | 0.85% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Reduced | 896,697 | $28,667,403 | 0.82% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 110,089 | $27,959,303 | 0.80% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Added | 71,588 | $27,582,713 | 0.79% | |
| INTC |
Intel Corp
Technology
|
Reduced | 193,971 | $27,084,170 | 0.78% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Held | 54,037 | $27,039,574 | 0.78% | |
| AMT |
American Tower Corp /Ma/
Real Estate
|
Reduced | 164,898 | $26,972,365 | 0.77% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 226,634 | $26,620,429 | 0.76% | |
| COF |
Capital One Financial Corp
Financial Services
|
Added | 130,192 | $26,119,119 | 0.75% | |
| ICLR |
Icon PLC
Healthcare
|
Reduced | 149,726 | $26,008,903 | 0.75% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 99,740 | $25,098,573 | 0.72% | |
| CP |
Canadian Pacific Kansas City Ltd/Cn
Industrials
|
Held | 285,288 | $24,720,205 | 0.71% | |
| EQIX |
Equinix Inc
Real Estate
|
Held | 23,071 | $24,048,979 | 0.69% | |
| WBD |
Warner Bros. Discovery, Inc.
Communication Services
|
Added | 899,932 | $23,992,187 | 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.