Fisher Asset Management released its 13F regulatory filing for the second quarter of 2026. The report shows significant movement within the firm's equity holdings. Total portfolio value grew from approximately $295 billion to $336 billion over the three-month period. The total number of positions held by the firm increased from 1016 to 1037 during the same timeframe.
The firm currently maintains 29 significant stakes, defined as positions exceeding 1% of the total 13F portfolio. The five largest holdings remain Nvidia, Apple, Alphabet, Caterpillar, and Microsoft. Collectively, these five companies represent roughly 21% of the total stock portfolio. Nvidia holds the top spot at 5.42%, followed by Apple at 4.96% and Alphabet at 4.26%.
New activity in Q2 2026 included notable stake increases in GE Aerospace, GE Vernova, Cisco Systems, UnitedHealth Group, and Johnson & Johnson. The firm also added to its positions in several major financial institutions, including Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. Conversely, the firm reduced its exposure to energy stocks like Chevron, which saw a 25% decrease in its stake.
Ken Fisher oversees approximately $400 billion in total assets for over 200,000 clients globally. Because each client portfolio receives personalized management, these 13F filings reflect the aggregate movement of securities rather than the specific strategy of any single account. The firm continues to emphasize long-term ownership in core positions, with some stakes in companies like Caterpillar, Microsoft, and Amazon dating back over a decade.