Q2 2026 13F · SEC CIK 1724090

Fulcrum Capital LLC

Wealth managerFiled 2026-07-21 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $492.9M
Reported positions: 103
Top holdings a year, 3 yrs: +17.7%
Assets under management: $1.1B

Fulcrum Capital LLC is a wealth manager that reported 103 positions worth $492.9M in its Q2 2026 13F, filed 2026-07-21. Its largest holdings were Vanguard Index Fds (VO, 8.2%), Lam Research Corp (LRCX, 6.3%), Microsoft Corp (MSFT, 6.1%). A portfolio copying its top holdings returned 17.7% a year over the last 3 years, against 20.4% for the S&P 500.

Fulcrum Capital LLC holdings largest 50 of 103 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Fulcrum Capital LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VOVanguard Index Fds	8.2%	8.3%	500,094	+277.8%	$40.3M
LRCXLam Research Corp	6.3%	3.5%	71,266	-6.7%	$30.9M
MSFTMicrosoft Corp	6.1%	6.7%	80,597	-3.3%	$30.1M
AAPLApple Inc	5.6%	5.5%	96,103	-3.5%	$27.8M
GOOGLAlphabet Inc	5.5%	5.0%	75,937	-5.6%	$27.1M
FTNTFortinet Inc	5.1%	3.1%	165,206	-5.4%	$25.4M
AMZNAmazon Com Inc Com	5.0%	4.9%	103,117	-4.6%	$24.6M
NVDANvidia Corporation Com	4.8%	4.7%	119,069	-4.6%	$23.8M
TTTrane Technologies PLC	3.5%	3.3%	35,345	-4.2%	$17.4M
MAMastercard Inc.	2.9%	3.1%	27,611	-3.0%	$14.2M
JPMJpmorgan Chase & Co	2.5%	2.6%	38,230	-4.6%	$12.5M
EWEdwards Lifesciences Corp	2.4%	2.4%	131,371	-4.3%	$11.9M
WMWaste Mgmt Inc Del	2.2%	2.4%	47,571	-3.0%	$10.6M
SPGIS&P Global Inc.	2.0%	2.3%	24,600	-2.8%	$10.0M
UNHUnitedhealth Group Inc Com	2.0%	1.5%	23,494	-6.0%	$9.8M
NFLXNetflix Inc Total	2.0%	3.0%	134,950	-5.9%	$9.6M
CMECme Group Inc	1.8%	2.8%	40,893	-5.2%	$9.0M
XBISpdr Series Trust	1.7%	1.6%	52,163	-6.8%	$8.3M
VRTXVertex Pharmaceuticals Inc	1.6%	1.6%	15,958	-3.3%	$7.9M
FSLRFirst Solar Inc Com	1.6%	1.5%	33,104	-4.3%	$7.8M
LINLinde PLC	1.5%	1.6%	14,244	-4.8%	$7.4M
ADBEAdobe Inc	1.5%	1.9%	35,054	-2.7%	$7.2M
XYLXylem Inc Ny	1.4%	1.5%	58,714	-0.8%	$6.9M
UBERUber Technologies Inc	1.4%	1.5%	95,466	-3.5%	$6.9M
VUGVanguard Indx Fd	1.3%	1.2%	73,069	+488.0%	$6.3M
PEPPepsico Inc	1.3%	1.6%	45,590	-3.8%	$6.2M
JQUAJpmorgan U.s. Quality Factor ETF	1.1%	1.0%	78,266	+2.5%	$5.7M
ULTAUlta Beauty Inc	1.1%	1.4%	12,220	-1.3%	$5.5M
DHIDR Horton Inc	0.9%	1.4%	28,360	-39.4%	$4.6M
LLYLilly Eli & Co	0.9%	0.8%	3,758	-1.3%	$4.5M
IVVIshares Core S&p 500 ETF	0.9%	0.8%	5,678	-3.5%	$4.3M
EOGEog Res Inc	0.9%	1.2%	32,427	-17.5%	$4.2M
APHAmphenol Corp	0.7%	—	20,512	—	$3.6M
TMOThermo Fisher Scientific Inc	0.7%	—	7,086	—	$3.6M
INTUIntuit	0.7%	1.4%	13,243	-13.4%	$3.5M
NOWServicenow Inc Com	0.7%	—	34,251	—	$3.4M
ANETArista Networks Inc	0.7%	—	19,740	—	$3.4M
COINCoinbase Global Inc	0.6%	—	20,048	—	$2.9M
DXCMDexcom Inc	0.6%	0.6%	43,272	-3.3%	$2.9M
PINSPinterest Inc	0.6%	0.6%	132,858	-4.6%	$2.8M
CVLCMorgan Stanley ETF Trust	0.5%	0.5%	27,019	-1.3%	$2.6M
SPLGSpdr Series Trust	0.5%	0.4%	25,338	+0.0%	$2.2M
AMGNAmgen Inc Com	0.4%	0.8%	5,476	-45.0%	$2.0M
VYMVym	0.3%	0.3%	10,765	+0.0%	$1.7M
IWRIshares Russell Midcap ETF	0.3%	0.3%	14,713	-9.2%	$1.6M
ECLEcolab Inc	0.3%	0.3%	5,458	+0.7%	$1.5M
TTDThe Trade Desk Inc	0.3%	0.4%	75,291	+3.6%	$1.4M
COSTCostco Whsl Corp New	0.2%	0.3%	1,186	+0.0%	$1.1M
AWKAmerican Water Works Co. Inc.	0.2%	0.2%	8,203	+1.4%	$1.1M
JNJJohnson & Johnson	0.2%	0.2%	4,031	-7.9%	$1.0M

What Fulcrum Capital LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VUG Vanguard Indx Fd+488.0% shares
VO Vanguard Index Fds+277.8% shares

Reduced

AMGN Amgen Inc Com-45.0% shares
DHI DR Horton Inc-39.4% shares
EOG Eog Res Inc-17.5% shares
INTU Intuit-13.4% shares
IWR Ishares Russell Midcap ETF-9.2% shares
JNJ Johnson & Johnson-7.9% shares
XBI Spdr Series Trust-6.8% shares
LRCX Lam Research Corp-6.7% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.9% /yr; S&P 500 +20.1%
3 years: +17.7% /yr; S&P 500 +20.4%
5 years: +9.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$492.9M	103
Q1 2026	$460.6M	101
Q4 2025	$498.0M	99
Q3 2025	$487.7M	100
Q2 2025	$472.8M	99
Q1 2025	$451.1M	106
Q4 2024	$477.6M	113
Q3 2024	$459.1M	109
Q2 2024	$439.2M	108
Q1 2024	$421.4M	116
Q4 2023	$386.7M	119
Q3 2023	$344.5M	109

Questions about Fulcrum Capital LLC's portfolio

What stocks does Fulcrum Capital LLC own?

Fulcrum Capital LLC's latest 13F, for Q2 2026 and filed Jul 21, 2026, lists 103 positions worth $492.9M. The largest are Vanguard Index Fds (VO) at 8.2%, Lam Research Corp (LRCX) at 6.3%, Microsoft Corp (MSFT) at 6.1%, Apple Inc (AAPL) at 5.6% and Alphabet Inc (GOOGL) at 5.5%.

What did Fulcrum Capital LLC buy last quarter?

In Q2 2026, Fulcrum Capital LLC added Vanguard Indx Fd (VUG) (+488.0% shares) and Vanguard Index Fds (VO) (+277.8% shares), compared with its Q1 2026 filing.

What did Fulcrum Capital LLC sell last quarter?

In Q2 2026, Fulcrum Capital LLC cut from its top 50 Zoetis Inc (ZTS), cut from its top 50 Abbott Laboratories (ABT), cut from its top 50 Paypal Hldgs Inc (PYPL), cut from its top 50 Welltower Inc (WELL), cut from its top 50 Ishares Core Msci Eafe ETF (IEFA), Amgen Inc Com (AMGN) (-45.0% shares), DR Horton Inc (DHI) (-39.4% shares) and Eog Res Inc (EOG) (-17.5% shares), compared with its Q1 2026 filing.

How has Fulcrum Capital LLC's portfolio performed?

A portfolio copying Fulcrum Capital LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.9% against +20.1%. Over 5 years: +9.8% a year against +11.6%.

When is Fulcrum Capital LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Fulcrum Capital LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Fulcrum Capital LLC manage?

Fulcrum Capital LLC reported $1.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $492.9M.