13F filer · CIK 850529 ↗
Fisher Investments
You are looking at Q2 2016. See the latest, Q2 2026 →
Reported value
$53.89B
+2.4% on the quarter before
Positions
745
46 new · 45 sold out
Top 10
23.0%
of the value
Est. gain
+$460.9M
on stocks held all quarter
Est. return
+0.9%
on those stocks since Q1 2016
Positions as of Jun 30, 2016, from Fisher Investments's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 44% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2016. Striped tiles are options.
Largest buys
Since Q1 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Wal-Mart Stores Inc~$344.6MAdded · 0.0% → 0.7%+4,652,393 shares
- Jd Com Inc ADR~$127.3MAdded · 0.1% → 0.3%+5,851,457 shares
- Ishares Tr Iboxx Inv Cp ETF~$93.4MAdded · 3.0% → 3.2%+752,436 shares
- Fi Enhanced Glbl High Yld Ubs~$63.8MAdded · 0.1% → 0.2%+518,228 shares
- America Movil Sab De Cv ADR~$57.4MAdded · 0.2% → 0.3%+4,673,804 shares
- Integer Hldgs Corp~$43.4MNew · 0.0% → 0.1%+1,329,820 shares
- Fi Enhanced Lrg Cap Growth Cs~$38.5MAdded · 1.2% → 1.3%+290,149 shares
- SPDR Series Trust Barc Sht ETF~$35.0MAdded · 1.0% → 1.0%+1,137,699 shares
- Fi Enhanced Europe 50 Etn Ubs~$34.1MAdded · 0.0% → 0.1%+295,079 shares
- Bayerische Motoren Werke A G~$32.9MNew · 0.0% → 0.1%+1,279,826 shares
Largest sells
Since Q1 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Amazon~$390.8MCut · 3.0% → 2.8%−518,511 shares
- Embraer S A ADR~$103.7MSold out · 0.2% → 0.0%−4,129,003 shares
- Fei Co~$43.7MCut · 0.2% → 0.1%−409,048 shares
- Fiig Eu Smid Usd~$42.8MSold out · 0.1% → 0.0%−281,248 shares
- Fi Enhanced Glbl High Yld Bcs~$37.7MCut · 2.5% → 2.5%−294,998 shares
- Bayerische Motoren Werke A ADR~$36.9MSold out · 0.1% → 0.0%−1,249,744 shares
- Greatbatch Inc~$34.6MSold out · 0.1% → 0.0%−971,756 shares
- Fi Enhanced Lrg Cap Growth Ubs~$29.8MCut · 1.5% → 1.5%−225,596 shares
- Jarden Corp~$23.6MSold out · 0.0% → 0.0%−400,383 shares
- Fi Enhanced Glbl High Yld Db~$19.2MCut · 0.6% → 0.6%−149,235 shares
Holdings
As of Jun 30, 2016. Changes are in shares against Mar 31, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ishares Tr Iboxx Inv Cp ETFCOM · shares +5.7% · price +3.8% | 3.2% | $1.73B | +$59.5M | ||||||||
| AmazonCOM · shares −21% · price +20.4% | 2.8% | $1.50B | +$253.8M | ||||||||
| Fi Enhanced Glbl High Yld BcsCOM · shares −2.7% · price +4.3% | 2.5% | $1.36B | +$56.1M | ||||||||
| Johnson& JohnsonCOM · shares −0.08% · price +11.6% | 2.5% | $1.33B | +$138.3M | ||||||||
| Pfizer IncCOM · shares −0.07% · price +11.2% | 2.1% | $1.15B | +$115.8M | ||||||||
| Home Depot IncCOM · shares −0.2% · price +0.1% | 2.1% | $1.14B | +$1.2M | ||||||||
| Visa Inc.COM · shares +0.2% · price −4.4% | 2.1% | $1.13B | −$52.6M | ||||||||
| AppleCOM · shares −0.00% · price −11.7% | 2.0% | $1.10B | −$145.6M | ||||||||
| General Electric CoCOM · shares +0.5% · price +3.8% | 1.9% | $1.01B | +$36.8M | ||||||||
| MicrosoftCOM · shares +0.4% · price −5.5% | 1.8% | $962.4M | −$55.8M | ||||||||
| Fiig Eu EmFUND · shares +1.8% · price +0.3% | 1.8% | $947.4M | +$3.1M | ||||||||
| Wells Fargo& Co NewCOM · shares −0.8% · price −0.4% | 1.7% | $911.4M | −$3.2M | ||||||||
| Jpmorgan Chase& CoCOM · shares −0.03% · price +0.6% | 1.6% | $871.6M | +$5.6M | ||||||||
| United Technologies CorpCOM · shares −0.2% · price −0.6% | 1.6% | $869.3M | −$5.1M | ||||||||
| Walt Disney Company (The)COM · shares +0.3% · price +1.4% | 1.6% | $867.2M | +$12.0M | ||||||||
| Comcast Corp New Cl ACOM · shares +0.7% · price +8.8% | 1.6% | $841.5M | +$67.4M | ||||||||
| Fi Enhanced Lrg Cap Growth UbsCOM · shares −3.5% · price +3.7% | 1.5% | $814.4M | +$29.1M | ||||||||
| Berkshire Hathaway Inc Cl BCOM · shares +0.4% · price +0.3% | 1.5% | $807.1M | +$2.7M | ||||||||
| TSMCCOM · shares +4.1% · price +6.8% | 1.5% | $795.4M | +$48.9M | ||||||||
| American Express CoCOM · shares −0.8% · price +0.0% | 1.4% | $729.4M | +$234,195 | ||||||||
| AlphabetCOM · shares +2.3% · price −6.8% | 1.3% | $723.8M | −$51.4M | ||||||||
| Procter& Gamble CoCOM · shares +1.1% · price +4.2% | 1.3% | $694.1M | +$27.6M | ||||||||
| Anheuser Busch Inbev Sa/Nv ADRCOM · shares +1.9% · price +0.9% | 1.3% | $687.2M | +$6.1M | ||||||||
| Fi Enhanced Lrg Cap Growth CsCOM · shares +5.9% · price +4.0% | 1.3% | $686.2M | +$24.7M | ||||||||
| IntelCOM · shares +1.2% · price +9.3% | 1.3% | $682.7M | +$57.3M | ||||||||
| Total · 745 positions | 100% | $53.89B | +$460.9M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2016 to Q2 2016: 658 stocks held throughout, up $460.9M (+0.9%).
- Amazon+$253.8M+20%
- Johnson& Johnson+$138.3M+12%
- Pfizer Inc+$115.8M+11%
- Comcast Corp New Cl A+$67.4M+9%
- Ishares Tr Iboxx Inv Cp ETF+$59.5M+4%
- Ctrip Com Intl Ltd ADR−$58.5M−13%
- Bayer A G ADR−$82.0M−14%
- Lloyds Banking Group Plc ADR−$88.6M−27%
- Ubs Group Ag Nys−$104.8M−22%
- Apple−$145.6M−12%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 4, 2026 | $335.83B+14% | SEC ↗ |
| Q1 2026 | May 5, 2026 | $294.89B+1% | SEC ↗ |
| Q4 2025 | Feb 9, 2026 | $292.99B+6% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $276.29B+10% | SEC ↗ |
| Q2 2025 | Aug 13, 2025 | $251.89B+9% | SEC ↗ |
| Q1 2025 | May 14, 2025 | $231.00B−8% | SEC ↗ |
| Q4 2024 | Feb 5, 2025 | $251.33B+3% | SEC ↗ |
| Q3 2024 | Nov 12, 2024 | $244.02B+6% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $229.85B+7% | SEC ↗ |
| Q1 2024 | May 9, 2024 | $214.11B+13% | SEC ↗ |
| Q4 2023 | Mar 5, 2024 (amended) | $189.13B+7% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $176.32B−3% | SEC ↗ |
| Q2 2023 | Dec 12, 2023 (amended) | $180.88B+10% | SEC ↗ |
| Q1 2023 | Dec 12, 2023 (amended) | $164.66B+11% | SEC ↗ |
| Q4 2022 | Feb 3, 2023 | $147.93B+11% | SEC ↗ |
| Q3 2022 | Nov 8, 2022 | $133.41B−6% | SEC ↗ |
| Q2 2022 | Aug 9, 2022 | $141.30B−17% | SEC ↗ |
| Q1 2022 | May 5, 2022 | $169.49B−5% | SEC ↗ |
| Q4 2021 | Feb 2, 2022 | $178.57B+11% | SEC ↗ |
| Q3 2021 | Oct 26, 2021 | $161.00B+1% | SEC ↗ |
| Q2 2021 | Jul 27, 2021 | $159.27B+12% | SEC ↗ |
| Q1 2021 | Apr 27, 2021 | $141.96B+6% | SEC ↗ |
| Q4 2020 | Jan 29, 2021 | $133.48B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 (amended) | $114.26B+12% | SEC ↗ |
| Q2 2020 | Aug 7, 2020 | $102.46B+27% | SEC ↗ |
| Q1 2020 | Apr 28, 2020 | $80.64B−19% | SEC ↗ |
| Q4 2019 | Feb 12, 2020 | $98.96B+9% | SEC ↗ |
| Q3 2019 | Oct 29, 2019 | $91.13B+1% | SEC ↗ |
| Q2 2019 | Jul 30, 2019 | $90.45B+6% | SEC ↗ |
| Q1 2019 | Apr 22, 2019 (amended) | $85.30B+17% | SEC ↗ |
| Q4 2018 | Jan 25, 2019 | $73.22B−11% | SEC ↗ |
| Q3 2018 | Oct 23, 2018 | $82.37B+7% | SEC ↗ |
| Q2 2018 | Jul 9, 2018 | $77.02B+2% | SEC ↗ |
| Q1 2018 | May 10, 2018 (amended) | $75.40B−2% | SEC ↗ |
| Q4 2017 | Jan 24, 2018 | $76.56B+7% | SEC ↗ |
| Q3 2017 | Oct 17, 2017 | $71.30B+8% | SEC ↗ |
| Q2 2017 | Jul 12, 2017 | $66.32B+6% | SEC ↗ |
| Q1 2017 | Apr 24, 2017 | $62.44B+9% | SEC ↗ |
| Q4 2016 | Jan 10, 2017 | $57.43B+2% | SEC ↗ |
| Q3 2016 | Oct 11, 2016 | $56.32B+4% | SEC ↗ |
| Q2 2016 | Jul 12, 2016 | $53.89B+2% | SEC ↗ |
| Q1 2016 | Apr 15, 2016 | $52.63B | SEC ↗ |