Fulcrum Capital LLC — 13F Holdings & Portfolio

CIK 1724090 · latest 13F-HR filed 2026-07-21

Fulcrum Capital LLC manages $492.9M in 13F-reported U.S. long-equity assets across 103 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VO (8.17%), LRCX (6.26%), MSFT (6.10%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions, exited 6, added to 42, and trimmed 30.

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.

Filer Information
Address
800 FIFTH AVENUE
SUITE 3800
SEATTLE, WA 98104
Phone
(206) 223-9790
Filing Manager
Fulcrum Capital LLC
SEATTLE, WA
Signatory
Matthew Wilkins
Chief Compliance Officer
Loading holdings…
AUM

$492.9M

Long-equity book

Holdings

103

Distinct positions

Period

2026-06-30

Filed 2026-07-21

Q/Q Activity

+8 / −6 / ↑42 / ↓30

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • LAM RESEARCH CORP$14.6M +89.2%
  • FORTINET INC$11.1M +77.9%
  • ALPHABET INC$4.0M +17.3%
  • UNITEDHEALTH GROUP INC$3.0M +44.4%
  • APPLE INC$2.5M +10.0%
Show all 42

Top Trims

  • NETFLIX INC.-$4.2M -30.1%
  • CME GROUP INC-$3.7M -29.1%
  • INTUIT-$3.2M -47.7%
  • D R HORTON INC-$1.8M -28.1%
  • ADOBE INC-$1.6M -17.9%
Show all 30

New Positions

  • AMPHENOL CORP$3.6M
  • THERMO FISHER SCIENTIFIC INC$3.6M
  • SERVICENOW INC$3.4M
  • ARISTA NETWORKS INC$3.4M
  • COINBASE GLOBAL INC$2.9M
Show all 8

Exited Positions

  • ZOETIS INC$7.3M
  • ABBOTT LABORATORIES$5.0M
  • PAYPAL HLDGS INC$2.4M
  • PAYCHEX INC$216.8K
  • ARES MANAGEMENT CORPORATION$214.6K
Show all 6
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 $40.3M 8.17% 500,094 SH
2 LAM RESEARCH CORP LRCX 512807306 $30.9M 6.26% 71,266 SH
3 MICROSOFT CORP MSFT 594918104 $30.1M 6.10% 80,597 SH
4 APPLE INC AAPL 037833100 $27.8M 5.64% 96,103 SH
5 ALPHABET INC GOOGL 02079K305 $27.1M 5.51% 75,937 SH
6 FORTINET INC FTNT 34959E109 $25.4M 5.15% 165,206 SH
7 AMAZON COM INC AMZN 023135106 $24.6M 4.99% 103,117 SH
8 NVIDIA CORPORATION NVDA 67066G104 $23.8M 4.83% 119,069 SH
9 TRANE TECHNOLOGIES PLC TT G8994E103 $17.4M 3.52% 35,345 SH
10 MASTERCARD INCORPORATED MA 57636Q104 $14.2M 2.88% 27,611 SH
11 JPMORGAN CHASE & CO JPM 46625H100 $12.5M 2.54% 38,230 SH
12 EDWARDS LIFESCIENCES CORP EW 28176E108 $11.9M 2.41% 131,371 SH
13 WASTE MGMT INC DEL WM 94106L109 $10.6M 2.15% 47,571 SH
14 S&P GLOBAL INC SPGI 78409V104 $10.0M 2.03% 24,600 SH
15 UNITEDHEALTH GROUP INC UNH 91324P102 $9.8M 1.98% 23,494 SH
16 NETFLIX INC. NFLX 64110L106 $9.6M 1.95% 134,950 SH
17 CME GROUP INC CME 12572Q105 $9.0M 1.83% 40,893 SH
18 SPDR SERIES TRUST XBI 78464A870 $8.3M 1.67% 52,163 SH
19 VERTEX PHARMACEUTICALS INC VRTX 92532F100 $7.9M 1.61% 15,958 SH
20 FIRST SOLAR INC FSLR 336433107 $7.8M 1.58% 33,104 SH
21 LINDE PLC LIN G54950103 $7.4M 1.50% 14,244 SH
22 ADOBE INC ADBE 00724F101 $7.2M 1.46% 35,054 SH
23 XYLEM INC XYL 98419M100 $6.9M 1.41% 58,714 SH
24 UBER TECHNOLOGIES INC UBER 90353T100 $6.9M 1.40% 95,466 SH
25 VANGUARD INDEX FDS VUG 922908736 $6.3M 1.28% 73,069 SH
26 PEPSICO INC PEP 713448108 $6.2M 1.25% 45,590 SH
27 J P MORGAN EXCHANGE TRADED F JQUA 46641Q761 $5.7M 1.15% 78,266 SH
28 ULTA BEAUTY INC ULTA 90384S303 $5.5M 1.12% 12,220 SH
29 D R HORTON INC DHI 23331A109 $4.6M 0.94% 28,360 SH
30 ELI LILLY & CO LLY 532457108 $4.5M 0.91% 3,758 SH
31 ISHARES TR IVV 464287200 $4.3M 0.86% 5,678 SH
32 EOG RES INC EOG 26875P101 $4.2M 0.85% 32,427 SH
33 AMPHENOL CORP APH 032095101 $3.6M 0.73% 20,512 SH
34 THERMO FISHER SCIENTIFIC INC TMO 883556102 $3.6M 0.72% 7,086 SH
35 INTUIT INTU 461202103 $3.5M 0.70% 13,243 SH
36 SERVICENOW INC NOW 81762P102 $3.4M 0.69% 34,251 SH
37 ARISTA NETWORKS INC ANET 040413205 $3.4M 0.68% 19,740 SH
38 COINBASE GLOBAL INC COIN 19260Q107 $2.9M 0.59% 20,048 SH
39 DEXCOM INC DXCM 252131107 $2.9M 0.59% 43,272 SH
40 PINTEREST INC PINS 72352L106 $2.8M 0.57% 132,858 SH
41 MORGAN STANLEY ETF TRUST CVLC 61774R205 $2.6M 0.52% 27,019 SH
42 SPDR SERIES TRUST SPYM 78464A854 $2.2M 0.45% 25,338 SH
43 AMGEN INC AMGN 031162100 $2.0M 0.40% 5,476 SH
44 VANGUARD WHITEHALL FDS VYM 921946406 $1.7M 0.35% 10,765 SH
45 ISHARES TR IWR 464287499 $1.6M 0.33% 14,713 SH
46 ECOLAB INC ECL 278865100 $1.5M 0.31% 5,458 SH
47 THE TRADE DESK INC TTD 88339J105 $1.4M 0.28% 75,291 SH
48 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.1M 0.23% 1,186 SH
49 AMERICAN WTR WKS CO INC NEW AWK 030420103 $1.1M 0.22% 8,203 SH
50 JOHNSON & JOHNSON JNJ 478160104 $1.0M 0.21% 4,031 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-21 $492.9M 103 0001724090-26-000004
2026-03-31 2026-04-30 $460.6M 101 0001724090-26-000003
2025-12-31 2026-01-15 $498.0M 99 0001724090-26-000001