Fulcrum Capital LLC — 13F Holdings & Portfolio

CIK 1724090 · latest 13F-HR filed 2026-04-30

Fulcrum Capital LLC manages $460.6M in 13F-reported U.S. long-equity assets across 101 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VO (8.25%), MSFT (6.70%), AAPL (5.49%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 2, added to 30, and trimmed 40.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$460.6M

Long-equity book

Holdings

101

Distinct positions

Period

2026-03-31

Filed 2026-04-30

Q/Q Activity

+4 / −2 / ↑30 / ↓40

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • LAM RESEARCH CORP$3.0M +22.2%
  • FORTINET INC$2.8M +24.7%
  • NETFLIX INC.$2.6M +22.8%
  • LINDE PLC$1.3M +20.7%
  • TRANE TECHNOLOGIES PLC$959.2K +6.7%
Show all 30

Top Trims

  • ALPHABET INC-$8.3M -26.5%
  • MICROSOFT CORP-$6.4M -17.1%
  • ULTA BEAUTY INC-$4.0M -38.0%
  • ADOBE INC-$3.9M -31.1%
  • INTUIT-$3.3M -33.5%
Show all 40

New Positions

  • UNILEVER PLC$287.4K
  • TEXAS INSTRS INC$224.8K
  • WALMART INC$208.9K
  • GLOBAL SHIP LEASE INC$204.8K
Show all 4

Exited Positions

  • UNILEVER PLC$306.5K
  • ISHARES TR$209.2K
Show all 2
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VO 922908629 $38.0M 8.25% 132,375 SH
2 MICROSOFT CORP MSFT 594918104 $30.9M 6.70% 83,376 SH
3 APPLE INC AAPL 037833100 $25.3M 5.49% 99,606 SH
4 ALPHABET INC GOOGL 02079K305 $23.1M 5.02% 80,440 SH
5 AMAZON COM INC AMZN 023135106 $22.5M 4.89% 108,079 SH
6 NVIDIA CORPORATION NVDA 67066G104 $21.8M 4.73% 124,861 SH
7 LAM RESEARCH CORP LRCX 512807306 $16.3M 3.54% 76,393 SH
8 TRANE TECHNOLOGIES PLC TT G8994E103 $15.4M 3.34% 36,897 SH
9 FORTINET INC FTNT 34959E109 $14.3M 3.10% 174,592 SH
10 MASTERCARD INCORPORATED MA 57636Q104 $14.2M 3.09% 28,470 SH
11 NETFLIX INC. NFLX 64110L106 $13.8M 2.99% 143,402 SH
12 CME GROUP INC CME 12572Q105 $12.7M 2.76% 43,121 SH
13 JPMORGAN CHASE & CO JPM 46625H100 $11.8M 2.56% 40,058 SH
14 WASTE MGMT INC DEL WM 94106L109 $11.3M 2.45% 49,047 SH
15 EDWARDS LIFESCIENCES CORP EW 28176E108 $11.0M 2.39% 137,336 SH
16 S&P GLOBAL INC SPGI 78409V104 $10.8M 2.34% 25,307 SH
17 ADOBE INC ADBE 00724F101 $8.8M 1.90% 36,010 SH
18 LINDE PLC LIN G54950103 $7.4M 1.61% 14,960 SH
19 VERTEX PHARMACEUTICALS INC VRTX 92532F100 $7.4M 1.60% 16,496 SH
20 PEPSICO INC PEP 713448108 $7.4M 1.60% 47,383 SH
21 ZOETIS INC ZTS 98978V103 $7.3M 1.59% 61,932 SH
22 SPDR SERIES TRUST XBI 78464A870 $7.1M 1.55% 55,973 SH
23 UBER TECHNOLOGIES INC UBER 90353T100 $7.1M 1.55% 98,972 SH
24 XYLEM INC XYL 98419M100 $7.1M 1.54% 59,177 SH
25 FIRST SOLAR INC FSLR 336433107 $6.8M 1.48% 34,592 SH
26 UNITEDHEALTH GROUP INC UNH 91324P102 $6.8M 1.47% 24,994 SH
27 INTUIT INTU 461202103 $6.6M 1.44% 15,292 SH
28 ULTA BEAUTY INC ULTA 90384S303 $6.5M 1.40% 12,376 SH
29 D R HORTON INC DHI 23331A109 $6.4M 1.39% 46,807 SH
30 EOG RES INC EOG 26875P101 $5.7M 1.23% 39,291 SH
31 VANGUARD INDEX FDS VUG 922908736 $5.4M 1.18% 12,427 SH
32 ABBOTT LABORATORIES ABT 002824100 $5.0M 1.08% 48,300 SH
33 J P MORGAN EXCHANGE TRADED F JQUA 46641Q761 $4.7M 1.02% 76,366 SH
34 ISHARES TR IVV 464287200 $3.8M 0.83% 5,885 SH
35 AMGEN INC AMGN 031162100 $3.5M 0.76% 9,958 SH
36 ELI LILLY & CO LLY 532457108 $3.5M 0.76% 3,807 SH
37 DEXCOM INC DXCM 252131107 $2.8M 0.61% 44,740 SH
38 PINTEREST INC PINS 72352L106 $2.6M 0.55% 139,195 SH
39 PAYPAL HLDGS INC PYPL 70450Y103 $2.4M 0.52% 52,847 SH
40 MORGAN STANLEY ETF TRUST CVLC 61774R205 $2.2M 0.48% 27,366 SH
41 SPDR SERIES TRUST SPYM 78464A854 $1.9M 0.42% 25,338 SH
42 THE TRADE DESK INC TTD 88339J105 $1.6M 0.36% 72,659 SH
43 VANGUARD WHITEHALL FDS VYM 921946406 $1.6M 0.35% 10,765 SH
44 ISHARES TR IWR 464287499 $1.6M 0.34% 16,200 SH
45 ECOLAB INC ECL 278865100 $1.4M 0.31% 5,418 SH
46 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.2M 0.26% 1,186 SH
47 AMERICAN WTR WKS CO INC NEW AWK 030420103 $1.1M 0.24% 8,090 SH
48 JOHNSON & JOHNSON JNJ 478160104 $1.1M 0.23% 4,376 SH
49 WELLTOWER INC WELL 95040Q104 $886.3K 0.19% 4,483 SH
50 ISHARES TR IEFA 46432F842 $774.1K 0.17% 8,551 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-30 $460.6M 101 0001724090-26-000003
2025-12-31 2026-01-15 $498.0M 99 0001724090-26-000001