Fisher Asset Management, LLC

Fisher Asset Management's 13F book edged up to $294.9B in Q1 2026 from $293.0B, and unlike most peers it was a decisive net buyer — 38 positions increased against just 2 decreased. Nvidia (5.24%), Apple (4.86%), and Alphabet (3.81%) anchor the equity book, with intermediate Treasuries (IEF, 4.76%) a large fixed-income holding. The standout builds were Exxon Mobil (+$1.69B) and Caterpillar (+$1.49B), funded partly by trimming Microsoft (-$2.6B) and SAP (-$1.09B). New positions opened in RTX, Pfizer, Canadian Natural Resources, Novartis, and ConocoPhillips; BlackRock, Oracle, and AstraZeneca were sold.