Fulcrum Capital LLC

CIK

1724090

Location

SEATTLE, WA

Portfolio Value

Small $413,767,071

Diversification

Diversified

Filing Date

Global Rank

#3,154 / 8,633 ▼ 57

Top Industry

Software - Infrastructure 13.4%

3Y Alpha vs SPY

+23.0%

Period ended 51 days ago

Filed Jul 21, 2026 · 30d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+197.7%

SPY

+76.2%

Annualised alpha

+23.1%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

83 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.5%

−0.5 pts

Top 5

34.1%

+2.2 pts

Top 10

56.5%

+5.6 pts

HHI

410

Diversified+38

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	42.4%	$175,537,122	17
Financial Services	12.0%	$49,786,579	9
Healthcare	10.8%	$44,620,337	11
Communication Services	9.9%	$41,145,728	5
Industrials	9.0%	$37,178,638	10
Consumer Cyclical	9.0%	$37,095,402	9
Consumer Defensive	2.2%	$8,914,708	6
Basic Materials	2.2%	$8,912,434	2
Energy	1.2%	$5,069,804	4
Real Estate	0.6%	$2,490,090	5
Utilities	0.6%	$2,321,733	4
Unclassified	0.2%	$694,496	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
TTD	Trade Desk, Inc.	+2,632	75,291	$1,361,261
AWK	American Water Works Company, Inc.	+113	8,203	$1,079,350
ECL	Ecolab Inc.	+40	5,458	$1,520,653
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DHI	Horton D R Inc /De/	−18,447	28,360	$4,619,276
FTNT	Fortinet, Inc.	−9,386	165,206	$25,378,945
NFLX	Netflix Inc	−8,452	134,950	$9,635,430
GOOGL	Alphabet Inc.	−6,969	75,937	$27,137,605
EOG	Eog Resources Inc	−6,864	32,427	$4,206,754
PINS	Pinterest, Inc.	−6,337	132,858	$2,794,003
EW	Edwards Lifesciences Corp	−5,965	131,371	$11,883,820
NVDA	Nvidia Corp	−5,792	119,069	$23,824,516
LRCX	Lam Research Corp	−5,127	71,266	$30,881,695
AMZN	Amazon Com Inc	−4,962	103,117	$24,576,905
AMGN	Amgen Inc	−4,482	5,476	$1,982,969
UBER	Uber Technologies, Inc	−3,506	95,466	$6,888,826
AAPL	Apple Inc.	−3,503	96,103	$27,808,364
EPD	Enterprise Products Partners L.P.	−2,792	8,911	$327,568
MSFT	Microsoft Corp	−2,779	80,597	$30,064,292
ORI	Old Republic International Corp	−2,509	7,719	$315,861
CME	Cme Group Inc.	−2,228	40,893	$9,030,401
INTU	Intuit Inc.	−2,049	13,243	$3,456,423
JPM	Jpmorgan Chase & Co	−1,828	38,230	$12,513,825
PEP	Pepsico Inc	−1,793	45,590	$6,172,886
TT	Trane Technologies plc	−1,552	35,345	$17,360,050
UNH	Unitedhealth Group Inc	−1,500	23,494	$9,764,811
FSLR	First Solar, Inc.	−1,488	33,104	$7,811,219
WM	Waste Management Inc	−1,476	47,571	$10,602,624
DXCM	Dexcom Inc	−1,468	43,272	$2,914,369
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
APH	Amphenol Corp /De/	20,512	$3,616,675
TMO	Thermo Fisher Scientific Inc.	7,086	$3,552,636
NOW	ServiceNow, Inc.	34,251	$3,400,439
ANET	Arista Networks, Inc.	19,740	$3,353,431
COIN	Coinbase Global, Inc.	20,048	$2,930,817
GEV	GE Vernova Inc.	211	$247,895
MU	Micron Technology Inc	201	$232,012
RHP	Ryman Hospitality Properties, Inc.	1,628	$209,279
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
ZTS	Zoetis Inc.	61,932	$7,320,981
ABT	Abbott Laboratories	48,300	$4,958,961
PYPL	PayPal Holdings, Inc.	52,847	$2,390,269
PAYX	Paychex Inc	2,353	$216,758
ARES	Ares Management Corp	1,967	$214,599
WMT	Walmart Inc.	1,681	$208,914
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

83 tracked positions · $413,767,071 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 83 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LRCX	Lam Research Corp Technology	Reduced	71,266	-5,127	$30,881,695	+89.2%	7.46%
MSFT	Microsoft Corp Technology	Reduced	80,597	-2,779	$30,064,292	−2.6%	7.27%
AAPL	Apple Inc. Technology	Reduced	96,103	-3,503	$27,808,364	+10.0%	6.72%
GOOGL	Alphabet Inc. Communication Services	Reduced	75,937	-6,969	$27,137,605	+13.8%	6.56%
FTNT	Fortinet, Inc. Technology	Reduced	165,206	-9,386	$25,378,945	+77.9%	6.13%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	103,117	-4,962	$24,576,905	+9.2%	5.94%
NVDA	Nvidia Corp Technology	Reduced	119,069	-5,792	$23,824,516	+9.4%	5.76%
TT	Trane Technologies plc Industrials	Reduced	35,345	-1,552	$17,360,050	+12.9%	4.20%
MA	Mastercard Inc Financial Services	Reduced	27,611	-859	$14,181,009	−0.3%	3.43%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	38,230	-1,828	$12,513,825	+6.2%	3.02%
EW	Edwards Lifesciences Corp Healthcare	Reduced	131,371	-5,965	$11,883,820	+8.1%	2.87%
WM	Waste Management Inc Industrials	Reduced	47,571	-1,476	$10,602,624	−5.9%	2.56%
UNH	Unitedhealth Group Inc Healthcare	Reduced	23,494	-1,500	$9,764,811	+44.4%	2.36%
NFLX	Netflix Inc Communication Services	Reduced	134,950	-8,452	$9,635,430	−30.1%	2.33%
SPGI	S&P Global Inc. Financial Services	Reduced	24,600	-707	$9,478,330	−11.9%	2.29%
CME	Cme Group Inc. Financial Services	Reduced	40,893	-2,228	$9,030,401	−29.1%	2.18%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	15,958	-538	$7,926,817	+7.6%	1.92%
FSLR	First Solar, Inc. Technology	Reduced	33,104	-1,488	$7,811,219	+14.5%	1.89%
LIN	Linde PLC Basic Materials	Reduced	14,244	-716	$7,391,781	−0.3%	1.79%
ADBE	Adobe Inc. Technology	Reduced	35,054	-956	$7,186,771	−17.9%	1.74%
XYL	Xylem Inc. Industrials	Reduced	58,714	-463	$6,940,581	−1.9%	1.68%
UBER	Uber Technologies, Inc Technology	Reduced	95,466	-3,506	$6,888,826	−3.2%	1.66%
PEP	Pepsico Inc Consumer Defensive	Reduced	45,590	-1,793	$6,172,886	−16.1%	1.49%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Reduced	12,220	-156	$5,510,975	−14.8%	1.33%
DHI	Horton D R Inc /De/ Consumer Cyclical	Reduced	28,360	-18,447	$4,619,276	−28.1%	1.12%
LLY	ELI LILLY & Co Healthcare	Reduced	3,758	-49	$4,507,458	+28.7%	1.09%
EOG	Eog Resources Inc Energy	Reduced	32,427	-6,864	$4,206,754	−25.9%	1.02%
APH	Amphenol Corp /De/ Technology	NEW	20,512	NEW	$3,616,675	NEW	0.87%
TMO	Thermo Fisher Scientific Inc. Healthcare	NEW	7,086	NEW	$3,552,636	NEW	0.86%
INTU	Intuit Inc. Technology	Reduced	13,243	-2,049	$3,456,423	−47.7%	0.84%
NOW	ServiceNow, Inc. Technology	NEW	34,251	NEW	$3,400,439	NEW	0.82%
ANET	Arista Networks, Inc. Technology	NEW	19,740	NEW	$3,353,431	NEW	0.81%
COIN	Coinbase Global, Inc. Financial Services	NEW	20,048	NEW	$2,930,817	NEW	0.71%
DXCM	Dexcom Inc Healthcare	Reduced	43,272	-1,468	$2,914,369	+3.7%	0.70%
PINS	Pinterest, Inc. Communication Services	Reduced	132,858	-6,337	$2,794,003	+9.4%	0.68%
AMGN	Amgen Inc Healthcare	Reduced	5,476	-4,482	$1,982,969	−43.4%	0.48%
ECL	Ecolab Inc. Basic Materials	Added	5,458	+40	$1,520,653	+5.5%	0.37%
TTD	Trade Desk, Inc. Communication Services	Added	75,291	+2,632	$1,361,261	−17.4%	0.33%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	1,186	0	$1,109,467	−6.1%	0.27%
AWK	American Water Works Company, Inc. Utilities	Added	8,203	+113	$1,079,350	−2.0%	0.26%
JNJ	Johnson & Johnson Healthcare	Reduced	4,031	-345	$1,023,753	−4.3%	0.25%
WELL	Welltower Inc. Real Estate	Reduced	4,328	-155	$982,326	+10.8%	0.24%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Held	2,040	0	$756,003	+13.3%	0.18%
ATO	Atmos Energy Corp Utilities	Held	4,100	0	$706,307	−6.7%	0.17%
SPY	Spdr S&P 500 ETF Trust	Held	930	0	$694,496	+14.8%	0.17%
V	Visa Inc. Financial Services	Held	1,863	0	$639,176	+13.5%	0.15%
KO	Coca Cola Co Consumer Defensive	Reduced	7,680	-26	$624,153	+6.5%	0.15%
AVGO	Broadcom Inc. Technology	Reduced	1,594	-361	$602,133	−0.5%	0.15%
LAMR	Lamar Advertising Co/New Real Estate	Reduced	3,704	-609	$577,749	+5.8%	0.14%
SPG	Simon Property Group Inc. Real Estate	Reduced	2,512	-417	$561,808	+2.8%	0.14%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.