Institutional Manager · CIK 0001737888
Fulcrum Equity Management
PLANO, TX · File #028-19437
Latest AUM
$98.7M
Positions
94
Top-10 Concentration
58.3%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2025-03
2025-03
2025-06
2025-12
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SPDR S&P 500 ETF TR | SPY | +12,310 | +$8.2M | -$18,342 |
| REDUCE | SELECT SECTOR SPDR TR | 81369Y803 | -19,352 | -$5.5M | +$5.6M |
| REDUCE | NETFLIX INC | NFLX | -4,087 | -$4.9M | +$4.7M |
| REDUCE | SELECT SECTOR SPDR TR | 81369Y407 | -7,020 | -$1.7M | +$1.7M |
| REDUCE | NVIDIA CORPORATION | NVDA | -8,376 | -$1.6M | +$1,550 |
| REDUCE | MICROSOFT CORP | MSFT | -2,610 | -$1.4M | +$122,595 |
| REDUCE | APPLE INC | AAPL | -4,441 | -$1.1M | -$158,209 |
| REDUCE | SELECT SECTOR SPDR TR | 81369Y886 | -12,472 | -$1.1M | +$886,393 |
| NEW | SPDR SERIES TRUST | 78468R630 | +12,461 | +$950,004 | $0 |
| EXITED | TIDAL TRUST I | 886364231 | -37,968 | -$940,088 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202594 pos · $98.7M
- 13F HOLDINGS REPORTQ/E Dec 2025117 pos · $104.5M
- 13F HOLDINGS REPORTQ/E Jun 2025102 pos · $97.4M
- 13F HOLDINGS REPORTQ/E Mar 202596 pos · $91.6M
- 13F HOLDINGS REPORTQ/E Mar 2025110 pos · $101.1M
- 13F HOLDINGS REPORT (Amended)Q/E Sep 2024137 pos · $118.4M
- 13F HOLDINGS REPORTQ/E Sep 2024137 pos · $118.4M
- 13F HOLDINGS REPORTQ/E Jun 2024130 pos · $111.4M
- 13F HOLDINGS REPORTQ/E Mar 2024109 pos · $84.8M
- 13F HOLDINGS REPORTQ/E Dec 202395 pos · $85.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287150 | 79,152 | $11.5M | 13.46% |
| 2 | SPDR S&P 500 ETF TR | SPY | 13,469 | $9.0M | 10.48% |
| 3 | ISHARES INC | 464286392 | 46,192 | $8.4M | 9.80% |
| 4 | SELECT SECTOR SPDR TR | 81369Y803 | 21,113 | $6.0M | 6.95% |
| 5 | ONEOK INC NEW | OKE | 50,022 | $3.7M | 4.26% |
| 6 | ISHARES TR | 464287721 | 13,022 | $2.6M | 2.98% |
| 7 | NVIDIA CORPORATION | NVDA | 12,733 | $2.4M | 2.77% |
| 8 | SELECT SECTOR SPDR TR | 81369Y852 | 19,995 | $2.4M | 2.76% |
| 9 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,389 | $2.2M | 2.58% |
| 10 | SELECT SECTOR SPDR TR | 81369Y605 | 36,021 | $1.9M | 2.27% |
| 11 | SELECT SECTOR SPDR TR | 81369Y407 | 7,231 | $1.7M | 2.02% |
| 12 | INVESCO EXCH TRADED FD TR II | IVZ | 6,584 | $1.6M | 1.90% |
| 13 | WALMART INC | WMT | 15,727 | $1.6M | 1.89% |
| 14 | SELECT SECTOR SPDR TR | 81369Y704 | 9,914 | $1.5M | 1.79% |
| 15 | BLACKROCK ETF TRUST | BLK | 21,966 | $1.3M | 1.52% |
| 16 | APPLE INC | AAPL | 4,727 | $1.2M | 1.41% |
| 17 | SPDR SERIES TRUST | 78464A854 | 15,022 | $1.2M | 1.37% |
| 18 | SCHWAB STRATEGIC TR | 808524102 | 42,121 | $1.1M | 1.26% |
| 19 | SCHWAB STRATEGIC TR | 808524300 | 33,107 | $1.1M | 1.23% |
| 20 | INVESCO EXCHANGE TRADED FD T | IVZ | 10,862 | $1.0M | 1.21% |