13F HOLDINGS REPORT
Fulcrum Capital LLC
Quarter ended Q4 2025 · Filed January 15, 2026 · Accession 0001724090-26-000001
Total Value
$498.0M
Positions
99
Other Managers
0
Confidential Omitted
No
Holdings (99)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908629 | 135,733 | $39.4M | 7.91% |
| 2 | MICROSOFT CORP | MSFT | 77,012 | $37.2M | 7.48% |
| 3 | ALPHABET INC | GOOG | 100,546 | $31.5M | 6.32% |
| 4 | APPLE INC | AAPL | 101,083 | $27.5M | 5.52% |
| 5 | AMAZON COM INC | AMZN | 107,962 | $24.9M | 5.00% |
| 6 | NVIDIA CORPORATION | NVDA | 128,971 | $24.1M | 4.83% |
| 7 | MASTERCARD INCORPORATED | MA | 27,982 | $16.0M | 3.21% |
| 8 | JPMORGAN CHASE & CO. | VYLD | 45,214 | $14.6M | 2.93% |
| 9 | TRANE TECHNOLOGIES PLC | TT | 37,043 | $14.4M | 2.90% |
| 10 | LAM RESEARCH CORP | LRCX | 78,023 | $13.4M | 2.68% |
| 11 | ADOBE INC | ADBE | 36,296 | $12.7M | 2.55% |
| 12 | CME GROUP INC | CME | 43,835 | $12.0M | 2.40% |
| 13 | EDWARDS LIFESCIENCES CORP | EW | 137,220 | $11.7M | 2.35% |
| 14 | FORTINET INC | FTNT | 144,106 | $11.4M | 2.30% |
| 15 | S&P GLOBAL INC | SPGI | 21,726 | $11.4M | 2.28% |
| 16 | NETFLIX INC | NFLX | 119,761 | $11.2M | 2.25% |
| 17 | WASTE MGMT INC DEL | 94106L109 | 49,149 | $10.8M | 2.17% |
| 18 | ULTA BEAUTY INC | ULTA | 17,234 | $10.4M | 2.09% |
| 19 | FIRST SOLAR INC | FSLR | 38,752 | $10.1M | 2.03% |
| 20 | INTUIT | INTU | 15,002 | $9.9M | 2.00% |
| 21 | UNITEDHEALTH GROUP INC | UNH | 25,427 | $8.4M | 1.69% |
| 22 | XYLEM INC | XYL | 58,777 | $8.0M | 1.61% |
| 23 | ZOETIS INC | ZTS | 63,113 | $7.9M | 1.59% |
| 24 | VERTEX PHARMACEUTICALS INC | VRTX | 16,616 | $7.5M | 1.51% |
| 25 | SPDR SERIES TRUST | 78464A870 | 56,979 | $6.9M | 1.40% |
| 26 | PEPSICO INC | PEP | 47,866 | $6.9M | 1.38% |
| 27 | D R HORTON INC | 23331A109 | 46,305 | $6.7M | 1.34% |
| 28 | UBER TECHNOLOGIES INC | UBER | 77,334 | $6.3M | 1.27% |
| 29 | LINDE PLC | LIN | 14,412 | $6.1M | 1.23% |
| 30 | ABBOTT LABS | ABLZF | 48,618 | $6.1M | 1.22% |
| 31 | VANGUARD INDEX FDS | 922908736 | 10,536 | $5.1M | 1.03% |
| 32 | EOG RES INC | EOG | 45,187 | $4.7M | 0.95% |
| 33 | J P MORGAN EXCHANGE TRADED F | 46641Q761 | 74,876 | $4.7M | 0.95% |
| 34 | ISHARES TR | 464287200 | 6,298 | $4.3M | 0.87% |
| 35 | ELI LILLY & CO | LLY | 3,818 | $4.1M | 0.82% |
| 36 | PINTEREST INC | PINS | 136,123 | $3.5M | 0.71% |
| 37 | AMGEN INC | AMGN | 10,049 | $3.3M | 0.66% |
| 38 | PAYPAL HLDGS INC | PYPL | 52,422 | $3.1M | 0.61% |
| 39 | DEXCOM INC | DXCM | 41,086 | $2.7M | 0.55% |
| 40 | THE TRADE DESK INC | 88339J105 | 68,591 | $2.6M | 0.52% |
| 41 | MORGAN STANLEY ETF TRUST | MS-PQ | 25,193 | $2.1M | 0.43% |
| 42 | SPDR SERIES TRUST | 78464A854 | 25,338 | $2.0M | 0.41% |
| 43 | ISHARES TR | 464287499 | 16,863 | $1.6M | 0.33% |
| 44 | VANGUARD WHITEHALL FDS | 921946406 | 10,765 | $1.5M | 0.31% |
| 45 | ECOLAB INC | ECL | 5,440 | $1.4M | 0.29% |
| 46 | ALPHABET INC | GOOG | 4,377 | $1.4M | 0.28% |
| 47 | COSTCO WHSL CORP NEW | 22160K105 | 1,353 | $1.2M | 0.23% |
| 48 | AMERICAN WTR WKS CO INC NEW | 030420103 | 7,656 | $999,108 | 0.20% |
| 49 | JOHNSON & JOHNSON | JNJ | 4,573 | $946,382 | 0.19% |
| 50 | WELLTOWER INC | WELL | 4,534 | $841,556 | 0.17% |
| 51 | ISHARES TR | 46432F842 | 8,551 | $764,972 | 0.15% |
| 52 | BROADCOM INC | AVGO | 2,124 | $735,116 | 0.15% |
| 53 | ATMOS ENERGY CORP | ATO | 4,100 | $687,283 | 0.14% |
| 54 | VISA INC | V | 1,879 | $658,956 | 0.13% |
| 55 | SPDR S&P 500 ETF TR | SPY | 930 | $634,186 | 0.13% |
| 56 | MARRIOTT INTL INC NEW | 571903202 | 2,040 | $632,890 | 0.13% |
| 57 | SCHWAB STRATEGIC TR | 808524797 | 22,885 | $627,736 | 0.13% |
| 58 | ABBVIE INC | ABBV | 2,566 | $586,243 | 0.12% |
| 59 | COCA COLA CO | KO | 7,839 | $548,024 | 0.11% |
| 60 | LAMAR ADVERTISING CO NEW | LAMR | 4,313 | $545,940 | 0.11% |
| 61 | MORGAN STANLEY | MS-PQ | 3,066 | $544,307 | 0.11% |
| 62 | SIMON PPTY GROUP INC NEW | 828806109 | 2,929 | $542,187 | 0.11% |
| 63 | CUMMINS INC | CMI | 1,034 | $527,805 | 0.11% |
| 64 | VANGUARD WORLD FD | 92204A207 | 2,420 | $511,201 | 0.10% |
| 65 | ISHARES TR | 46435G516 | 5,337 | $507,495 | 0.10% |
| 66 | SELECT SECTOR SPDR TR | 81369Y209 | 3,093 | $478,796 | 0.10% |
| 67 | OLD REP INTL CORP | 680223104 | 10,228 | $466,806 | 0.09% |
| 68 | STARBUCKS CORP | SBUX | 5,148 | $433,502 | 0.09% |
| 69 | VANGUARD INDEX FDS | 922908769 | 1,291 | $432,834 | 0.09% |
| 70 | PHILIP MORRIS INTL INC | 718172109 | 2,518 | $403,887 | 0.08% |
| 71 | PROCTER AND GAMBLE CO | 742718109 | 2,755 | $394,819 | 0.08% |
| 72 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 4,809 | $386,163 | 0.08% |
| 73 | CVS HEALTH CORP | CVS | 4,792 | $380,293 | 0.08% |
| 74 | VANGUARD WORLD FD | 92204A876 | 2,050 | $379,332 | 0.08% |
| 75 | QUALCOMM INC | QCOM | 2,216 | $379,098 | 0.08% |
| 76 | ENTERPRISE PRODS PARTNERS L | 293792107 | 11,703 | $375,198 | 0.08% |
| 77 | ISHARES INC | 46434G103 | 5,480 | $368,366 | 0.07% |
| 78 | ISHARES TR | 464287622 | 957 | $357,382 | 0.07% |
| 79 | ALLISON TRANSMISSION HLDGS I | ALSN | 3,600 | $352,440 | 0.07% |
| 80 | WESCO INTL INC | 95082P105 | 1,429 | $349,591 | 0.07% |
| 81 | DARDEN RESTAURANTS INC | DRI | 1,796 | $330,500 | 0.07% |
| 82 | ARES MANAGEMENT CORPORATION | ARES-PB | 2,037 | $329,240 | 0.07% |
| 83 | PACCAR INC | PCAR | 2,876 | $314,951 | 0.06% |
| 84 | ISHARES TR | 464287465 | 3,223 | $309,505 | 0.06% |
| 85 | PAYCHEX INC | PAYX | 2,745 | $307,934 | 0.06% |
| 86 | SNAP ON INC | SNA | 893 | $307,728 | 0.06% |
| 87 | UNILEVER PLC | UNLYF | 4,686 | $306,464 | 0.06% |
| 88 | DICKS SPORTING GOODS INC | 253393102 | 1,535 | $303,884 | 0.06% |
| 89 | CONOCOPHILLIPS | COP | 3,097 | $289,910 | 0.06% |
| 90 | HOME DEPOT INC | HD | 798 | $274,592 | 0.06% |
| 91 | PFIZER INC | PFE | 11,000 | $273,900 | 0.06% |
| 92 | META PLATFORMS INC | META | 396 | $261,396 | 0.05% |
| 93 | CISCO SYS INC | CSCO | 3,200 | $246,496 | 0.05% |
| 94 | ESSENTIAL UTILS INC | 29670G102 | 6,250 | $239,750 | 0.05% |
| 95 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 476 | $239,261 | 0.05% |
| 96 | WATSCO INC | WSO-B | 691 | $232,832 | 0.05% |
| 97 | ONEOK INC NEW | OKE | 3,000 | $220,500 | 0.04% |
| 98 | ISHARES TR | 464287614 | 442 | $209,199 | 0.04% |
| 99 | MEDICAL PPTYS TRUST INC | 58463J304 | 34,500 | $172,500 | 0.03% |