13F HOLDINGS REPORT
Fulcrum Capital LLC
Quarter ended Q2 2025 · Filed July 24, 2025 · Accession 0001724090-25-000005
Total Value
$472.8M
Positions
99
Other Managers
0
Confidential Omitted
No
Holdings (99)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 78,598 | $39.1M | 8.27% |
| 2 | VANGUARD INDEX FDS | 922908629 | 134,930 | $37.8M | 7.99% |
| 3 | AMAZON COM INC | AMZN | 104,404 | $22.9M | 4.84% |
| 4 | NVIDIA CORPORATION | NVDA | 141,407 | $22.3M | 4.73% |
| 5 | APPLE INC | AAPL | 105,236 | $21.6M | 4.57% |
| 6 | ALPHABET INC | GOOG | 106,470 | $18.8M | 3.97% |
| 7 | TRANE TECHNOLOGIES PLC | TT | 41,516 | $18.2M | 3.84% |
| 8 | NETFLIX INC | NFLX | 11,445 | $15.3M | 3.24% |
| 9 | MASTERCARD INCORPORATED | MA | 26,864 | $15.1M | 3.19% |
| 10 | FORTINET INC | FTNT | 132,843 | $14.0M | 2.97% |
| 11 | JPMORGAN CHASE & CO. | VYLD | 46,858 | $13.6M | 2.87% |
| 12 | ADOBE INC | ADBE | 34,692 | $13.4M | 2.84% |
| 13 | CME GROUP INC | CME | 42,428 | $11.7M | 2.47% |
| 14 | S&P GLOBAL INC | SPGI | 20,979 | $11.1M | 2.34% |
| 15 | WASTE MGMT INC DEL | 94106L109 | 47,684 | $10.9M | 2.31% |
| 16 | EDWARDS LIFESCIENCES CORP | EW | 131,109 | $10.3M | 2.17% |
| 17 | INTUIT | INTU | 12,387 | $9.8M | 2.06% |
| 18 | ZOETIS INC | ZTS | 56,393 | $8.8M | 1.86% |
| 19 | ULTA BEAUTY INC | ULTA | 18,380 | $8.6M | 1.82% |
| 20 | UNITEDHEALTH GROUP INC | UNH | 25,219 | $7.9M | 1.66% |
| 21 | XYLEM INC | XYL | 58,999 | $7.6M | 1.61% |
| 22 | LAM RESEARCH CORP | LRCX | 77,988 | $7.6M | 1.61% |
| 23 | ELECTRONIC ARTS INC | EA | 46,043 | $7.4M | 1.56% |
| 24 | VERTEX PHARMACEUTICALS INC | VRTX | 15,798 | $7.0M | 1.49% |
| 25 | LINDE PLC | LIN | 14,417 | $6.8M | 1.43% |
| 26 | PEPSICO INC | PEP | 49,721 | $6.6M | 1.39% |
| 27 | FIRST SOLAR INC | FSLR | 39,526 | $6.5M | 1.38% |
| 28 | UBER TECHNOLOGIES INC | UBER | 68,305 | $6.4M | 1.35% |
| 29 | ABBOTT LABS | ABLZF | 46,638 | $6.3M | 1.34% |
| 30 | D R HORTON INC | 23331A109 | 45,702 | $5.9M | 1.25% |
| 31 | EOG RES INC | EOG | 45,778 | $5.5M | 1.16% |
| 32 | VANGUARD INDEX FDS | 922908736 | 11,626 | $5.1M | 1.08% |
| 33 | J P MORGAN EXCHANGE TRADED F | 46641Q761 | 80,942 | $4.9M | 1.03% |
| 34 | ISHARES TR | 464287200 | 7,773 | $4.8M | 1.02% |
| 35 | SPDR SERIES TRUST | 78464A870 | 54,960 | $4.6M | 0.96% |
| 36 | PAYPAL HLDGS INC | PYPL | 52,859 | $3.9M | 0.83% |
| 37 | DEXCOM INC | DXCM | 37,881 | $3.3M | 0.70% |
| 38 | AMGEN INC | AMGN | 10,038 | $2.8M | 0.59% |
| 39 | ALIGN TECHNOLOGY INC | ALGN | 10,966 | $2.1M | 0.44% |
| 40 | MORGAN STANLEY ETF TRUST | MS-PQ | 24,792 | $1.9M | 0.40% |
| 41 | SPDR SERIES TRUST | 78464A854 | 25,338 | $1.8M | 0.39% |
| 42 | ISHARES TR | 464287499 | 18,489 | $1.7M | 0.36% |
| 43 | ECOLAB INC | ECL | 6,250 | $1.7M | 0.36% |
| 44 | VISA INC | V | 4,652 | $1.7M | 0.35% |
| 45 | ALPHABET INC | GOOG | 9,259 | $1.6M | 0.35% |
| 46 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,028 | $1.5M | 0.31% |
| 47 | VANGUARD WHITEHALL FDS | 921946406 | 10,765 | $1.4M | 0.30% |
| 48 | COSTCO WHSL CORP NEW | 22160K105 | 1,406 | $1.4M | 0.29% |
| 49 | SELECT SECTOR SPDR TR | 81369Y209 | 8,700 | $1.2M | 0.25% |
| 50 | AMERICAN WTR WKS CO INC NEW | 030420103 | 6,784 | $943,722 | 0.20% |
| 51 | ISHARES TR | 46432F842 | 11,026 | $920,450 | 0.19% |
| 52 | WELLTOWER INC | WELL | 5,382 | $827,375 | 0.18% |
| 53 | BROADCOM INC | AVGO | 2,600 | $716,690 | 0.15% |
| 54 | JOHNSON & JOHNSON | JNJ | 4,573 | $698,526 | 0.15% |
| 55 | ATMOS ENERGY CORP | ATO | 4,100 | $631,851 | 0.13% |
| 56 | SCHWAB STRATEGIC TR | 808524797 | 22,885 | $606,453 | 0.13% |
| 57 | SPDR S&P 500 ETF TR | SPY | 930 | $574,601 | 0.12% |
| 58 | MARRIOTT INTL INC NEW | 571903202 | 2,040 | $557,348 | 0.12% |
| 59 | COCA COLA CO | KO | 7,839 | $554,609 | 0.12% |
| 60 | STARBUCKS CORP | SBUX | 6,022 | $551,784 | 0.12% |
| 61 | VANGUARD WORLD FD | 92204A207 | 2,420 | $529,980 | 0.11% |
| 62 | ISHARES TR | 46435G516 | 5,579 | $497,758 | 0.11% |
| 63 | PROCTER AND GAMBLE CO | 742718109 | 3,123 | $497,598 | 0.11% |
| 64 | ISHARES INC | 46434G103 | 8,030 | $482,041 | 0.10% |
| 65 | LAMAR ADVERTISING CO NEW | LAMR | 3,970 | $481,799 | 0.10% |
| 66 | ABBVIE INC | ABBV | 2,566 | $476,250 | 0.10% |
| 67 | SIMON PPTY GROUP INC NEW | 828806109 | 2,692 | $432,766 | 0.09% |
| 68 | MORGAN STANLEY | MS-PQ | 3,066 | $431,877 | 0.09% |
| 69 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 4,809 | $404,822 | 0.09% |
| 70 | TEXAS INSTRS INC | 882508104 | 1,933 | $401,329 | 0.08% |
| 71 | OLD REP INTL CORP | 680223104 | 10,228 | $393,164 | 0.08% |
| 72 | VANGUARD INDEX FDS | 922908769 | 1,291 | $392,374 | 0.08% |
| 73 | DARDEN RESTAURANTS INC | DRI | 1,789 | $389,948 | 0.08% |
| 74 | UNILEVER PLC | UNLYF | 6,258 | $382,802 | 0.08% |
| 75 | ENTERPRISE PRODS PARTNERS L | 293792107 | 11,703 | $362,910 | 0.08% |
| 76 | VANGUARD WORLD FD | 92204A876 | 2,050 | $361,846 | 0.08% |
| 77 | QUALCOMM INC | QCOM | 2,219 | $353,463 | 0.07% |
| 78 | PAYCHEX INC | PAYX | 2,428 | $353,177 | 0.07% |
| 79 | ARES MANAGEMENT CORPORATION | ARES-PB | 2,037 | $352,808 | 0.07% |
| 80 | ALLISON TRANSMISSION HLDGS I | ALSN | 3,600 | $341,964 | 0.07% |
| 81 | CUMMINS INC | CMI | 1,034 | $338,635 | 0.07% |
| 82 | ISHARES TR | 464287622 | 957 | $324,968 | 0.07% |
| 83 | META PLATFORMS INC | META | 431 | $318,117 | 0.07% |
| 84 | HOME DEPOT INC | HD | 848 | $310,911 | 0.07% |
| 85 | WATSCO INC | WSO-B | 671 | $296,327 | 0.06% |
| 86 | CONOCOPHILLIPS | COP | 3,097 | $277,925 | 0.06% |
| 87 | SNAP ON INC | SNA | 893 | $277,884 | 0.06% |
| 88 | KEURIG DR PEPPER INC | KDP | 8,318 | $274,993 | 0.06% |
| 89 | PACCAR INC | PCAR | 2,876 | $273,393 | 0.06% |
| 90 | WESCO INTL INC | 95082P105 | 1,429 | $264,651 | 0.06% |
| 91 | ISHARES TR | 464287614 | 597 | $253,474 | 0.05% |
| 92 | EXTRA SPACE STORAGE INC | EXR | 1,693 | $249,616 | 0.05% |
| 93 | ONEOK INC NEW | OKE | 3,000 | $244,890 | 0.05% |
| 94 | ESSENTIAL UTILS INC | 29670G102 | 6,250 | $232,125 | 0.05% |
| 95 | CISCO SYS INC | CSCO | 3,200 | $222,016 | 0.05% |
| 96 | BECTON DICKINSON & CO | BDX | 1,275 | $219,619 | 0.05% |
| 97 | MONDELEZ INTL INC | 609207105 | 3,204 | $216,078 | 0.05% |
| 98 | ISHARES TR | 464287465 | 2,305 | $206,044 | 0.04% |
| 99 | MEDICAL PPTYS TRUST INC | 58463J304 | 30,000 | $129,300 | 0.03% |