Fisher Asset Management

Ken Fisher

Period

Q1 2026

Portfolio Date

Mar 31, 2026

Stocks Held

1,015

Market Value

$294.9B

Portfolio Analysis

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I. Institutional Overview

Fisher Asset Management, led by the renowned investor Ken Fisher, represents one of the most significant pillars of institutional wealth management globally. As of the first quarter of 2026, the institution manages a staggering portfolio valued at approximately $294.89 billion. This scale places the firm in an elite tier of global asset managers, where...

A defining characteristic of the Fisher investment philosophy is its extreme diversification. With a total of 1,015 individual holdings, the portfolio is designed to capture broad market returns while mitigating the idiosyncratic risks associated with any single company. However, this diversification is not uniform. While the firm holds over a thousand...

The current state of the portfolio suggests an institution that is in a phase of strategic refinement rather than wholesale retreat. Despite the massive number of holdings, the firm continues to add to its largest positions, indicating that its "smart money" logic remains firmly rooted in the belief that "winners keep winning." The portfolio's expansion in...

Based on the latest available 13F filing.

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Holdings Value Trend

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Historical Positions

SymbolQ1 2026Q4 2025Q3 2025Q2 2025
NVDA5.2%5.5%5.7%5.2%
AAPL4.9%5.1%5.0%4.4%
ETF-IEF4.8%4.4%3.1%2.2%
GOOGL3.8%4.1%3.3%2.6%
MSFT3.3%4.2%4.7%4.8%
ETF-VCIT2.5%2.4%2.5%3.4%
AMZN2.4%2.6%2.6%2.8%
CAT2.4%1.9%--
TSM2.1%1.9%1.8%-
ASML2.1%---

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

NVDA+17.47%
GOOGL+24.42%
AAPL+16.49%
AMZN+15.96%
CAT+26.70%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

XOM-13.59%
CVX-10.19%
RTX-4.50%
HD-0.88%
PFE-6.80%

Sector Analysis

Energy9.2%
Others1.3%
Materials3.3%
Financials19.5%
Healthcare10.4%
Technology26.1%
Industrials11.8%
Consumer Staples5.4%