1y return+2.6%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $106 against $127 in the S&P 500.2
Fisher Funds Management LTDS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MSFTMicrosoft Corp | $210.7M | 6.0% | +7.1% |
| NVDANvidia Corp | $164.8M | 4.7% | +44.6% |
| AMZNAmazon Com Inc | $142.4M | 4.0% | −13.9% |
| GOOGLAlphabet Inc | $135.1M | 3.8% | +3.5% |
| METAMeta Platforms Inc | $100.8M | 2.9% | −1.5% |
| AAPLApple Inc | $92.1M | 2.6% | +22.2% |
| MAMastercard Incorporated | $90.2M | 2.6% | −10.3% |
| FNDFloor & Decor Hldgs Inc | $63.5M | 1.8% | −1.6% |
| AVGOAvago Technologies Ltd | $62.9M | 1.8% | −9.7% |
| MELIMercadolibre Inc | $61.1M | 1.7% | +1.5% |
| DXCMDexcom Inc | $56.6M | 1.6% | −7.6% |
| DHRDanaher Corporation | $55.6M | 1.6% | −18.6% |
| Asml Holding N VCUSIP N07059210 | $51.3M | 1.5% | +112.7% |
| NEENextera Energy Inc | $51.2M | 1.5% | |
| JPMJpmorgan Chase & Co | $49.7M | 1.4% | |
| UBERUber Technologies Inc | $49.6M | 1.4% | −12.7% |
| NFLXNetflix Inc | $49.6M | 1.4% | −15.9% |
| ISRGIntuitive Surgical Inc | $47.1M | 1.3% | −16.7% |
| MUMicron Technology Inc | $46.9M | 1.3% | −30.7% |
| MSCIMsci Inc | $46.6M | 1.3% | −23.8% |
| WMBWilliams Cos Inc | $46.4M | 1.3% | +87.3% |
| BSXBoston Scientific Corp | $43.0M | 1.2% | +17.1% |
| AJGGallagher Arthur J & Co | $41.6M | 1.2% | −12.6% |
| VVisa Inc | $40.7M | 1.2% | +359.4% |
| EWEdward Lifesciences Corp | $36.0M | 1.0% | −23.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMATApplied Matls Inc | December 31, 2024 | +344.6% | $29.4M |
| Asml Holding N VCUSIP N07059210 | December 31, 2024 | +187.0% | $51.3M |
| GOOGLAlphabet Inc | December 31, 2024 | +88.8% | $135.1M |
| JNJJohnson & Johnson | December 31, 2024 | +75.6% | $28.0M |
| AVGOAvago Technologies Ltd | December 31, 2024 | +62.9% | $62.9M |
| HUMHumana Inc | December 31, 2024 | +56.6% | $32.8M |
| ODFLOld Dominion Freight Line In | September 30, 2025 | +53.9% | $34.7M |
| NVDANvidia Corp | December 31, 2024 | +49.0% | $164.8M |
| TSMTaiwan Semiconductor Manufac | March 31, 2026 | +41.3% | $31.5M |
| WMBWilliams Cos Inc | December 31, 2024 | +37.4% | $46.4M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.1% | +14.8% |
| March 31, 2026 | −7.0% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +1.9% | +7.8% |
| June 30, 2025 | +7.5% | +10.5% |
| March 31, 2025 | −3.6% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Fisher Funds Management LTD Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1435028&type=13F-HR&dateb=&owner=include&count=40CIK 1435028
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1435028/000143502826000004/Filed July 14, 2026 · accession 0001435028-26-000004