Fisher Funds Management LTD

CIK

1435028

Location

AUCKLAND, Q2

Portfolio Value

Mid $3,436,850,351

Diversification

Diversified

Filing Date

Global Rank

#1,134 / 8,827 ▼ 108 · as of Jun 2026

Top Industry

Semiconductors 12.6%

Period ended 38 days ago

Filed Oct 13, 2026 · 25d

8 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 32.7%, 55.5 effective positions, active share 50.5% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

36.7% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 6.5 quarters (4 to under 12)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 50.5%; sector active share 18.9% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

170 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

6.2%

+0.2 pts

Top 5

25.1%

+3.0 pts

Top 10

36.2%

+3.6 pts

HHI

204

Diversified+24

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	30.3%	$1,042,146,171	32
Financial Services	16.9%	$579,138,638	28
Healthcare	12.2%	$419,978,587	24
Communication Services	11.3%	$389,718,716	10
Consumer Cyclical	8.3%	$284,502,519	16
Industrials	6.2%	$211,890,962	21
Utilities	4.5%	$153,531,593	8
Energy	3.3%	$114,331,236	3
Basic Materials	3.2%	$108,852,271	11
Consumer Defensive	2.1%	$71,642,095	12
Real Estate	1.7%	$59,670,810	4
Unclassified	0.0%	$1,446,753	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		+480,200	1,380,132	$42,715,085
NEE	Nextera Energy Inc	+377,786	960,670	$72,761,145
WMB	Williams Companies, Inc.	+176,592	800,657	$54,420,656
KKR	KKR & Co. Inc.	+128,921	454,906	$41,532,917
AAPL	Apple Inc.	+127,128	445,414	$148,331,770
NVDA	Nvidia Corp	+92,556	916,397	$209,286,746
HDB	Hdfc Bank Ltd	+79,479	745,416	$16,652,593
TRGP	Targa Resources Corp.	+74,962	149,969	$40,538,120
AVGO	Broadcom Inc.	+70,635	237,245	$83,318,071
TYL	Tyler Technologies Inc	+64,690	90,468	$28,823,104
SPGI	S&P Global Inc.	+63,453	135,041	$53,269,623
PFE	Pfizer Inc	+62,000	386,451	$11,021,582
PAC	Pacific Airport Group	+57,322	141,734	$29,113,580
AXP	American Express Co	+56,428	152,772	$46,457,965
AJG	Arthur J. Gallagher & Co.	+55,531	236,537	$53,956,455
KDP	Keurig Dr Pepper Inc.	+52,000	145,252	$4,406,945
DOW	Dow Inc.	+52,000	167,112	$4,602,264
WFC	Wells Fargo & Company	+43,700	67,412	$5,396,330
KO	Coca Cola Co	+43,400	61,400	$5,285,312
IBP	Installed Building Products, Inc.	+42,153	71,120	$13,646,505
WMT	Walmart Inc.	+38,800	83,682	$8,696,233
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+38,481	104,459	$47,653,151
MLM	Martin Marietta Materials Inc	+37,619	69,263	$33,233,080
VZ	Verizon Communications Inc	+32,900	387,835	$17,789,991
JPM	Jpmorgan Chase & Co	+32,390	184,343	$60,986,194
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BSX	Boston Scientific Corp	−625,807	382,057	$16,676,788
FND	Floor & Decor Holdings, Inc.	−568,891	500,584	$22,931,753
DXCM	Dexcom Inc	−536,017	304,933	$26,312,668
KMI	Kinder Morgan, Inc.	−254,161	642,536	$19,372,460
NFLX	Netflix Inc	−233,475	461,048	$32,079,719
EW	Edwards Lifesciences Corp	−185,273	212,373	$18,332,037
UBER	Uber Technologies, Inc	−150,261	537,481	$36,822,823
ODFL	Old Dominion Freight Line, Inc.	−147,888	12,212	$2,122,934
MSFT	Microsoft Corp	−146,222	418,545	$214,671,730
TEAM	Atlassian Corp	−138,291	63,404	$11,367,703
DHR	Danaher Corp	−133,928	158,138	$35,035,473
EFX	Equifax Inc	−126,445	87,991	$12,075,884
COF	Capital One Financial Corp	−124,358	5,834	$1,126,370
MA	Mastercard Inc	−93,016	82,547	$45,522,194
CMS	Cms Energy Corp	−75,837	353,356	$22,289,696
AMZN	Amazon Com Inc	−64,471	532,922	$132,777,516
TW	Tradeweb Markets Inc.	−48,711	251,863	$25,397,864
CSCO	Cisco Systems, Inc.	−38,000	188,634	$20,302,677
PGR	Progressive Corp	−34,566	119,088	$24,688,133
VST	Vistra Corp.	−33,050	117,913	$16,313,263
ISRG	Intuitive Surgical Inc	−26,122	92,237	$37,506,331
META	Meta Platforms, Inc.	−25,747	153,287	$111,160,666
CRM	Salesforce, Inc.	−23,542	110,362	$25,335,804
AMT	American Tower Corp	−19,481	145,417	$23,803,308
MELI	Mercadolibre Inc	−15,674	20,316	$35,116,815
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
NU	Nu Holdings Ltd.	1,813,176	$22,954,808
CMG	Chipotle Mexican Grill Inc	534,263	$17,069,702
AMRZ	Amrize Ltd	172,300	$6,442,297
GE	General Electric Co	14,800	$4,621,892
PEP	Pepsico Inc	25,500	$3,231,360
SCHW	Schwab Charles Corp	15,200	$1,485,648
TJX	Tjx Companies Inc	10,000	$1,323,100
MBGL	Mobility Global Inc.	8,667	$148,639
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
MSCI	MSCI Inc.	83,148	$46,566,205
ZTS	Zoetis Inc.	491,051	$35,286,924
ICLR	Icon PLC	149,726	$26,008,903
CCI	Crown Castle Inc.	243,881	$18,469,108
EPD	Enterprise Products Partners L.P.	255,933	$9,408,097
CAT	Caterpillar Inc	6,023	$6,413,892
—		22,923	$4,700,131
Q	Qnity Electronics, Inc.	19,866	$3,244,316
ON	On Semiconductor Corp	26,157	$2,472,882
WAT	Waters Corp	2,239	$839,714
VGNT	Versigent PLC	8,309	$349,061
DRTSW	Alpha Tau Medical Ltd.	157,700	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

170 tracked positions · $3,436,850,351 total · filing declares 170 positions · $3,437,008,098 · as of Sep 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 170 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	418,545	-146,222	$214,671,730	+1.9%	6.25%
NVDA	Nvidia Corp Technology	Added	916,397	+92,556	$209,286,746	+27.0%	6.09%
AAPL	Apple Inc. Technology	Added	445,414	+127,128	$148,331,770	+61.1%	4.32%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	532,922	-64,471	$132,777,516	−6.7%	3.86%
GOOGL	Alphabet Inc. Communication Services	Reduced	377,131	-804	$129,763,234	−3.9%	3.78%
META	Meta Platforms, Inc. Communication Services	Reduced	153,287	-25,747	$111,160,666	+10.2%	3.23%
AVGO	Broadcom Inc. Technology	Added	237,245	+70,635	$83,318,071	+32.4%	2.42%
NEE	Nextera Energy Inc Utilities	Added	960,670	+377,786	$72,761,145	+42.2%	2.12%
JPM	Jpmorgan Chase & Co Financial Services	Added	184,343	+32,390	$60,986,194	+22.6%	1.77%
WMB	Williams Companies, Inc. Energy	Added	800,657	+176,592	$54,420,656	+17.3%	1.58%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	236,537	+55,531	$53,956,455	+29.8%	1.57%
SPGI	S&P Global Inc. Financial Services	Added	135,041	+63,453	$53,269,623	+82.7%	1.55%
V	Visa Inc. Financial Services	Added	141,297	+22,786	$50,772,251	+24.9%	1.48%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	104,459	+38,481	$47,653,151	+51.2%	1.39%
AXP	American Express Co Financial Services	Added	152,772	+56,428	$46,457,965	+42.6%	1.35%
MA	Mastercard Inc Financial Services	Reduced	82,547	-93,016	$45,522,194	−49.5%	1.32%
LLY	ELI LILLY & Co Healthcare	Added	37,181	+22,730	$43,021,391	+148.2%	1.25%
		Added	1,380,132	+480,200	$42,715,085	+78.0%	1.24%
KKR	KKR & Co. Inc. Financial Services	Added	454,906	+128,921	$41,532,917	+38.8%	1.21%
TRGP	Targa Resources Corp. Energy	Added	149,969	+74,962	$40,538,120	+101.6%	1.18%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	92,237	-26,122	$37,506,331	−20.3%	1.09%
MU	Micron Technology Inc Technology	Reduced	34,613	-6,016	$36,866,652	−21.4%	1.07%
UBER	Uber Technologies, Inc Technology	Reduced	537,481	-150,261	$36,822,823	−25.8%	1.07%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	20,316	-15,674	$35,116,815	−42.5%	1.02%
DHR	Danaher Corp Healthcare	Reduced	158,138	-133,928	$35,035,473	−37.0%	1.02%
HUM	Humana Inc Healthcare	Added	88,947	+6,344	$33,939,506	+3.4%	0.99%
MLM	Martin Marietta Materials Inc Basic Materials	Added	69,263	+37,619	$33,233,080	+82.1%	0.97%
NFLX	Netflix Inc Communication Services	Reduced	461,048	-233,475	$32,079,719	−35.3%	0.93%
JNJ	Johnson & Johnson Healthcare	Added	119,389	+9,300	$31,607,043	+13.0%	0.92%
ASML	Asml Holding NV Technology	Reduced	16,769	-9,008	$30,379,894	−40.8%	0.88%
FERG	Ferguson Enterprises Inc. Industrials	Reduced	133,042	-1,897	$29,617,810	−7.5%	0.86%
PAC	Pacific Airport Group Industrials	Added	141,734	+57,322	$29,113,580	+36.2%	0.85%
TYL	Tyler Technologies Inc Technology	Added	90,468	+64,690	$28,823,104	+282.3%	0.84%
ABBV	AbbVie Inc. Healthcare	Added	108,940	+9,200	$28,497,614	+13.5%	0.83%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	57,037	+3,000	$28,401,574	+5.0%	0.83%
EQIX	Equinix Inc Real Estate	Added	27,859	+4,788	$28,181,607	+17.2%	0.82%
GOOG	Alphabet Inc. Communication Services	Added	81,367	+16,039	$27,724,991	+20.1%	0.81%
DXCM	Dexcom Inc Healthcare	Reduced	304,933	-536,017	$26,312,668	−53.5%	0.77%
TW	Tradeweb Markets Inc. Financial Services	Reduced	251,863	-48,711	$25,397,864	−15.2%	0.74%
CRM	Salesforce, Inc. Technology	Reduced	110,362	-23,542	$25,335,804	+20.8%	0.74%
PGR	Progressive Corp Financial Services	Reduced	119,088	-34,566	$24,688,133	−26.4%	0.72%
CP	Canadian Pacific Kansas City Ltd Industrials	Held	285,288	0	$24,278,008	−1.8%	0.71%
MRK	Merck & Co., Inc. Healthcare	Added	165,132	+14,000	$23,995,330	+23.6%	0.70%
AMT	American Tower Corp Real Estate	Reduced	145,417	-19,481	$23,803,308	−11.7%	0.69%
NU	Nu Holdings Ltd. Financial Services	NEW	1,813,176	NEW	$22,954,808	NEW	0.67%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	500,584	-568,891	$22,931,753	−63.9%	0.67%
CMS	Cms Energy Corp Utilities	Reduced	353,356	-75,837	$22,289,696	−32.1%	0.65%
INTC	Intel Corp Technology	Reduced	183,971	-10,000	$22,118,833	−18.3%	0.64%
CSCO	Cisco Systems, Inc. Technology	Reduced	188,634	-38,000	$20,302,677	−23.7%	0.59%
KMI	Kinder Morgan, Inc. Energy	Reduced	642,536	-254,161	$19,372,460	−32.4%	0.56%

Showing the top 50 of 170 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.