Fisher Asset Management, LLC Q2 2025 Filing

Filed August 13, 2025

Portfolio Value

$251.9T

Holdings

986

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (986 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORP COM
82,511,422$13.0T5.18%
2
MSFTMICROSOFT CORP
24,297,369$12.1T4.80%
3
AAPLAPPLE INC
53,555,986$11.0T4.36%
4
VCITVANGUARD FDS INT-TERM CORP
102,253,864$8.5T3.37%
5
AMZNAMAZON COM INC COM
32,482,019$7.1T2.83%
6
GOOGLALPHABET INC CLASS A
36,685,062$6.5T2.57%
7
IEFISHARES TR 7 10YR TR BD ETF
57,650,891$5.5T2.19%
8
METAMETA PLATFORMS INC CL A
6,356,667$4.7T1.86%
9
GSGOLDMAN SACHS GROUP INC
6,539,746$4.6T1.84%
10
JPMJPMORGAN CHASE & CO.
15,375,410$4.5T1.77%
11
SAPSAP SE ADR
14,157,321$4.3T1.71%
12
TSMTAIWAN SEMICONDUCTOR MFG L ADR
17,664,956$4.0T1.59%
13
WMTWALMART INC
39,664,412$3.9T1.54%
14
CATCATERPILLAR INC
9,418,321$3.7T1.45%
15
HDHOME DEPOT INC
9,933,082$3.6T1.45%
16
AVGOBROADCOM INC COM
12,374,445$3.4T1.35%
17
ASMLASML HOLDING N V NYS
4,244,254$3.4T1.35%
18
DWDMORGAN STANLEY
24,045,186$3.4T1.34%
19
LLYELI LILLY & CO
4,302,467$3.4T1.33%
20
XOMEXXON MOBIL CORP
30,853,708$3.3T1.32%
21
COSTCOSTCO WHSL CORP NEW
3,110,415$3.1T1.22%
22
RTXRTX CORPORATION COM
20,599,190$3.0T1.19%
23
CVXCHEVRON CORP NEW
20,826,805$3.0T1.18%
24
AXPAMERICAN EXPRESS CO
8,734,960$2.8T1.11%
25
TRVCCITIGROUP INC
32,161,457$2.7T1.09%
26
NFLXNETFLIX INC COM
2,019,418$2.7T1.07%
27
FCXFREEPORT-MCMORAN INC
62,358,715$2.7T1.07%
28
SONYSONY GROUP CORP ADR
101,878,066$2.7T1.05%
29
VVISA INC
7,260,321$2.6T1.02%
30
BACBANK AMERICA CORP
51,405,673$2.4T0.97%
31
MAMASTERCARD INCORPORATED
4,249,922$2.4T0.95%
32
INTUINTUIT
2,772,454$2.2T0.87%
33
ISRGINTUITIVE SURGICAL INC
3,848,737$2.1T0.83%
34
BLKBLACKROCK INC COM
1,966,303$2.1T0.82%
35
MBBISHARES TR MBS ETF
21,297,627$2.0T0.79%
36
MRKMERCK & CO INC
25,013,697$2.0T0.79%
37
UBSUBS GROUP AG
58,424,089$2.0T0.78%
38
SCHWSCHWAB CHARLES CORP COM
21,376,690$2.0T0.77%
39
ORCLORACLE CORP
8,887,747$1.9T0.77%
40
BPBP PLC SPONSORED ADR ADR
64,436,996$1.9T0.77%
41
SPOTSPOTIFY TECHNOLOGY S A
2,489,013$1.9T0.76%
42
SHELSHELL PLC ADR
26,392,845$1.9T0.74%
43
ADBEADOBE INC
4,567,817$1.8T0.70%
44
JCIJOHNSON CTLS INTL PLC SHS
16,604,983$1.8T0.70%
45
PGPROCTER AND GAMBLE CO
10,967,513$1.7T0.69%
46
NOWSERVICENOW INC
1,636,288$1.7T0.67%
47
COFCAPITAL ONE FINL CORP
7,653,681$1.6T0.65%
48
UNHUNITEDHEALTH GROUP INC
5,213,472$1.6T0.65%
49
ABTABBOTT LABS
11,862,823$1.6T0.64%
50
BCSBARCLAYS PLC ADR
83,062,892$1.5T0.61%
51
SPTLSPDR BLOOMBERG BRCLYS LG TRS E
57,950,223$1.5T0.61%
52
CRCCANADIAN NAT RES LTD
47,939,585$1.5T0.60%
53
UNPUNION PAC CORP
6,398,715$1.5T0.58%
54
AZNASTRAZENECA PLC ADR
20,695,979$1.4T0.57%
55
SYKSTRYKER CORPORATION
3,450,236$1.4T0.54%
56
INGING GROEP N.V. ADR
60,893,207$1.3T0.53%
57
ULUNILEVER PLC ADR
21,578,648$1.3T0.52%
58
DEDEERE & CO
2,580,228$1.3T0.52%
59
COPCONOCOPHILLIPS
14,393,875$1.3T0.51%
60
JNJJOHNSON & JOHNSON
8,272,472$1.3T0.50%
61
TTENTOTALENERGIES SE ADR ADR
20,486,665$1.3T0.50%
62
MUFGMITSUBISHI UFJ FINL GROUP ADR
89,513,174$1.2T0.49%
63
GSKGSK PLC SPONSORED ADR ADR
31,338,405$1.2T0.48%
64
TMTOYOTA MOTOR CORP ADR
6,827,634$1.2T0.47%
65
PFEPFIZER INC
48,390,268$1.2T0.47%
66
CRMSALESFORCE INC
4,227,039$1.2T0.46%
67
EUFNISHARES MSCI EUROPE FN ETF
35,345,109$1.1T0.44%
68
BABOEING CO
5,327,443$1.1T0.44%
69
CARRCARRIER GLOBAL CORPORATION
15,048,555$1.1T0.44%
70
BHPBHP GROUP LTD SPONSORED AD ADR
22,842,252$1.1T0.44%
71
SBUXSTARBUCKS CORP
11,919,980$1.1T0.43%
72
TMOTHERMO FISHER SCIENTIFIC INC
2,689,803$1.1T0.43%
73
RIORIO TINTO PLC ADR
18,562,934$1.1T0.43%
74
CMICUMMINS INC
3,275,045$1.1T0.43%
75
PEPPEPSICO INC COM
7,956,402$1.1T0.42%
76
HBC2HSBC HLDGS PLC SPON ADR NE ADR
17,043,371$1.0T0.41%
77
SANBANCO SANTANDER S.A. ADR
117,592,077$976.0B0.39%
78
MUBISHARES NATIONAL MUNI BOND ETF
8,914,935$931.4B0.37%
79
ITWILLINOIS TOOL WKS INC
3,595,146$888.9B0.35%
80
TTTRANE TECHNOLOGIES PLC
1,998,440$874.1B0.35%
81
VOOVANGUARD S&P 500 ETF
1,521,821$864.4B0.34%
82
NVSNNOVARTIS A G SPONSORED ADR ADR
7,121,414$861.8B0.34%
83
DHRDANAHER CORP DEL COM
4,340,636$857.4B0.34%
84
BSXBOSTON SCIENTIFIC CORP
7,705,384$827.6B0.33%
85
CSXCSX CORP
25,272,260$824.6B0.33%
86
NDQINVESCO QQQ TRUST SERIES 1
1,448,522$799.1B0.32%
87
NVONOVO-NORDISK A S ADR
11,000,916$759.3B0.30%
88
RYROYAL BK CDA
5,723,581$752.9B0.30%
89
DBDEUTSCHE BANK A G GRS
25,471,401$745.8B0.30%
90
BUDANHEUSER BUSCH INBEV SA/NV ADR
10,663,933$732.8B0.29%
91
EMREMERSON ELEC CO
5,193,448$692.4B0.27%
92
BBVABANCO BILBAO VIZCAYA ARGEN ADR
41,422,112$636.7B0.25%
93
SNYSANOFI ADR
13,135,366$634.6B0.25%
94
LYGLLOYDS BANKING GROUP PLC ADR
148,828,623$632.5B0.25%
95
BABAALIBABA GROUP HLDG LTD ADR
5,267,441$597.4B0.24%
96
IXJISHARES GLOBAL HEALTH CARE ETF
6,903,794$594.3B0.24%
97
IRINGERSOLL RAND INC
6,913,924$575.1B0.23%
98
8CWCROWN CASTLE INC COM
5,349,349$549.5B0.22%
99
NWGNATWEST GROUP PLC ADR
37,531,392$531.1B0.21%
100
VEAVANGUARD FTSE DEVELOPED MKT
9,282,597$529.2B0.21%
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