Fulcrum Capital LLC

CIK

1724090

Location

SEATTLE, WA

Portfolio Value

Micro $10,465,183

Diversification

Diversified

Filing Date

Global Rank

#3,014 / 8,586 ▼ 87

Top Industry

Software - Infrastructure 11.6%

3Y Alpha vs SPY

-8.0%

Period ended 3 months ago

Filed Apr 30, 2026 · 47d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+45.2%

SPY

+78.1%

Annualised alpha

-8.0%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

81 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.9%

−0.9 pts

Top 5

31.8%

−2.5 pts

Top 10

50.8%

−0.2 pts

HHI

371

Diversified−20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	35.9%	$139,396,107	14
Financial Services	13.8%	$53,801,823	10
Healthcare	12.7%	$49,383,758	12
Communication Services	10.6%	$41,341,738	5
Consumer Cyclical	9.7%	$37,794,269	9
Industrials	9.2%	$35,705,378	9
Consumer Defensive	2.7%	$10,465,183	7
Basic Materials	2.3%	$8,857,865	2
Energy	1.8%	$6,835,190	4
Utilities	0.6%	$2,499,295	4
Real Estate	0.5%	$2,138,235	4
Unclassified	0.2%	$604,816	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
FTNT	Fortinet, Inc.	+30,486	174,592	$14,267,658
NFLX	Netflix Inc	+23,641	143,402	$13,788,102
UBER	Uber Technologies, Inc	+21,638	98,972	$7,119,055
MSFT	Microsoft Corp	+6,364	83,376	$30,863,293
TTD	Trade Desk, Inc.	+4,068	72,659	$1,648,632
DXCM	Dexcom Inc	+3,654	44,740	$2,809,672
SPGI	S&P Global Inc.	+3,581	25,307	$10,764,079
PINS	Pinterest, Inc.	+3,072	139,195	$2,552,836
LIN	Linde PLC	+548	14,960	$7,416,569
DHI	Horton D R Inc /De/	+502	46,807	$6,422,856
MA	Mastercard Inc	+488	28,470	$14,225,320
AWK	American Water Works Company, Inc.	+434	8,090	$1,100,968
PYPL	PayPal Holdings, Inc.	+425	52,847	$2,390,269
XYL	Xylem Inc.	+400	59,177	$7,071,651
INTU	Intuit Inc.	+290	15,292	$6,611,954
COP	Conocophillips	+243	3,340	$440,880
PG	PROCTER & GAMBLE Co	+199	2,954	$426,675
AMZN	Amazon Com Inc	+117	108,079	$22,509,613
EW	Edwards Lifesciences Corp	+116	137,336	$10,997,866
HD	Home Depot, Inc.	+46	844	$277,583
BRK-B	Berkshire Hathaway Inc	+27	503	$241,037
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−20,106	80,440	$23,131,326
EOG	Eog Resources Inc	−5,896	39,291	$5,680,299
JPM	Jpmorgan Chase & Co	−5,156	40,058	$11,783,461
ULTA	Ulta Beauty, Inc.	−4,858	12,376	$6,469,058
FSLR	First Solar, Inc.	−4,160	34,592	$6,823,617
NVDA	Nvidia Corp	−4,110	124,861	$21,775,758
LRCX	Lam Research Corp	−1,630	76,393	$16,322,128
AAPL	Apple Inc.	−1,477	99,606	$25,279,006
ZTS	Zoetis Inc.	−1,181	61,932	$7,320,981
CVS	CVS HEALTH Corp	−955	3,837	$275,573
CME	Cme Group Inc.	−714	43,121	$12,735,787
SBUX	Starbucks Corp	−650	4,498	$402,975
PEP	Pepsico Inc	−483	47,383	$7,358,106
UNH	Unitedhealth Group Inc	−433	24,994	$6,763,126
PAYX	Paychex Inc	−392	2,353	$216,758
ABT	Abbott Laboratories	−318	48,300	$4,958,961
ADBE	Adobe Inc.	−286	36,010	$8,753,310
ABBV	AbbVie Inc.	−232	2,334	$507,621
JNJ	Johnson & Johnson	−197	4,376	$1,069,669
MS	Morgan Stanley	−173	2,893	$476,101
AVGO	Broadcom Inc.	−169	1,955	$605,092
COST	Costco Wholesale Corp /New	−167	1,186	$1,181,765
DKS	Dick's Sporting Goods, Inc.	−166	1,369	$271,459
TT	Trane Technologies plc	−146	36,897	$15,376,455
KO	Coca Cola Co	−133	7,706	$586,041
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
UL	Unilever PLC	5,044	$287,356
TXN	Texas Instruments Inc	1,158	$224,814
WMT	Walmart Inc.	1,681	$208,914
GSL	Global Ship Lease, Inc.	5,500	$204,765
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

7 positions · $10,465,183 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PEP	Pepsico Inc Consumer Defensive	Reduced	47,383	-483	$7,358,106	+7.1%	70.31%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,186	-167	$1,181,765	+1.3%	11.29%
KO	Coca Cola Co Consumer Defensive	Reduced	7,706	-133	$586,041	+6.9%	5.60%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	2,954	+199	$426,675	+8.1%	4.08%
PM	Philip Morris International Inc. Consumer Defensive	Held	2,518	0	$416,326	+3.1%	3.98%
UL	Unilever PLC Consumer Defensive	NEW	5,044	NEW	$287,356	NEW	2.75%
WMT	Walmart Inc. Consumer Defensive	NEW	1,681	NEW	$208,914	NEW	2.00%