Fulcrum Capital LLC

13F filer · CIK 0001724090

Reported Jul 21, 2026

Net seller this quarter

13F portfolio value$493MU.S. long equity reported on 13F

Positions858 new · 6 closed

Net flow last quarter-$18.7MBuys minus sells

Top 10 positions weight47.4%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 21, 202685 positions
LRCXLam Research Corp	$30.9M	6.26%	0.01%	-6.7%	Q1 2025
MSFTMicrosoft Corp	$30.1M	6.10%	0.00%	-3.3%	Q4 2017
AAPLApple Inc.	$27.8M	5.64%	0.00%	-3.5%	Q4 2017
GOOGLAlphabet Inc.	$27.1M	5.51%	0.00%	-5.6%	Q4 2017
FTNTFortinet, Inc.	$25.4M	5.15%	0.02%	-5.4%	Q2 2024
AMZNAmazon Com Inc	$24.6M	4.99%	0.00%	-4.6%	Q4 2017
NVDANvidia Corp	$23.8M	4.83%	0.00%	-4.6%	Q4 2020
TTTrane Technologies plc	$17.4M	3.52%	0.02%	-4.2%	Q1 2020
MAMastercard Inc	$14.2M	2.88%	0.00%	-3.0%	Q4 2018
JPMJPMorgan Chase & Co	$12.5M	2.54%	0.00%	-4.6%	Q4 2017
EWEdwards Lifesciences Corp	$11.9M	2.41%	0.02%	-4.3%	Q2 2018
WMWaste Management Inc	$10.6M	2.15%	0.01%	-3.0%	Q4 2017
SPGIS&P Global Inc.	$10M	2.03%	0.01%	-2.8%	Q3 2019
UNHUnitedhealth Group Inc	$9.76M	1.98%	0.00%	-6.0%	Q4 2017
NFLXNetflix Inc	$9.64M	1.95%	0.00%	-5.9%	Q2 2022
CMECme Group Inc.	$9.03M	1.83%	0.01%	-5.2%	Q4 2017
VRTXVertex Pharmaceuticals Inc / Ma	$7.93M	1.61%	0.01%	-3.3%	Q2 2022
FSLRFirst Solar, Inc.	$7.81M	1.58%	0.03%	-4.3%	Q4 2017
LINLinde PLC	$7.39M	1.50%	0.00%	-4.8%	Q4 2018
ADBEAdobe Inc.	$7.19M	1.46%	0.01%	-2.7%	Q4 2018
XYLXylem Inc.	$6.94M	1.41%	0.02%	-0.8%	Q4 2017
UBERUber Technologies, Inc	$6.89M	1.40%	0.00%	-3.5%	Q2 2025
PEPPepsico Inc	$6.17M	1.25%	0.00%	-3.8%	Q4 2017
ULTAUlta Beauty, Inc.	$5.51M	1.12%	0.03%	-1.3%	Q3 2019
DHIHorton D R Inc	$4.62M	0.94%	0.01%	-39.4%	Q2 2021
LLYELI LILLY & Co	$4.51M	0.91%	0.00%	-1.3%	Q3 2020
EOGEog Resources Inc	$4.21M	0.85%	0.01%	-17.5%	Q1 2022
APHAmphenol Corp	$3.62M	0.73%	0.00%	New	Q2 2026
TMOThermo Fisher Scientific Inc.	$3.55M	0.72%	0.00%	Not reported	Q1 2023
INTUIntuit Inc.	$3.46M	0.70%	0.00%	-13.4%	Q2 2022
NOWServiceNow, Inc.	$3.4M	0.69%	0.00%	Not reported	Q1 2023
ANETArista Networks, Inc.	$3.35M	0.68%	0.00%	New	Q2 2026
COINCoinbase Global, Inc.	$2.93M	0.59%	0.01%	New	Q2 2026
DXCMDexcom Inc	$2.91M	0.59%	0.01%	-3.3%	Q1 2025
PINSPinterest, Inc.	$2.79M	0.57%	0.10%	-4.6%	Q4 2025
AMGNAmgen Inc	$1.98M	0.40%	0.00%	-45.0%	Q4 2017
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$1.7M	0.35%	Not reported	Not reported	Q4 2017
ECLEcolab Inc.	$1.52M	0.31%	0.00%	+0.7%	Q4 2017
TTDTrade Desk, Inc.	$1.36M	0.28%	Not reported	+3.6%	Q1 2023
COSTCostco Wholesale Corp	$1.11M	0.23%	0.00%	Not reported	Q4 2017
AWKAmerican Water Works Company, Inc.	$1.08M	0.22%	0.00%	+1.4%	Q2 2022
JNJJohnson & Johnson	$1.02M	0.21%	0.00%	-7.9%	Q4 2017
WELLWelltower Inc.	$982K	0.20%	0.00%	-3.5%	Q2 2022
GOOGAlphabet Inc.	$822K	0.17%	Not reported	-5.7%	Q4 2017
MARMarriott International Inc	$756K	0.15%	0.00%	Not reported	Q4 2022
ATOAtmos Energy Corp	$706K	0.14%	0.00%	Not reported	Q4 2022
SPYSPDR S&P 500 ETF Trust	$694K	0.14%	Not reported	Not reported	Q4 2017
VVisa Inc.	$639K	0.13%	0.00%	Not reported	Q4 2017
KOCoca Cola Co	$624K	0.13%	0.00%	-0.3%	Q1 2021
AVGOBroadcom Inc.	$602K	0.12%	0.00%	-18.5%	Q4 2020

Q1 2026Reported Apr 30, 202683 positions
MSFTMicrosoft Corp	$30.9M	6.70%	0.00%	+8.3%	Q4 2017
AAPLApple Inc.	$25.3M	5.49%	0.00%	-1.5%	Q4 2017
GOOGLAlphabet Inc.	$23.1M	5.02%	0.00%	-20.0%	Q4 2017
AMZNAmazon Com Inc	$22.5M	4.89%	0.00%	+0.1%	Q4 2017
NVDANvidia Corp	$21.8M	4.73%	0.00%	-3.2%	Q4 2020
LRCXLam Research Corp	$16.3M	3.54%	0.01%	-2.1%	Q1 2025
TTTrane Technologies plc	$15.4M	3.34%	0.02%	-0.4%	Q1 2020
FTNTFortinet, Inc.	$14.3M	3.10%	0.02%	+21.2%	Q2 2024
MAMastercard Inc	$14.2M	3.09%	0.00%	+1.7%	Q4 2018
NFLXNetflix Inc	$13.8M	2.99%	0.00%	+19.7%	Q2 2022
CMECme Group Inc.	$12.7M	2.76%	0.01%	-1.6%	Q4 2017
JPMJPMorgan Chase & Co	$11.8M	2.56%	0.00%	-11.4%	Q4 2017
WMWaste Management Inc	$11.3M	2.45%	0.01%	-0.2%	Q4 2017
EWEdwards Lifesciences Corp	$11M	2.39%	0.02%	+0.1%	Q2 2018
SPGIS&P Global Inc.	$10.8M	2.34%	0.01%	+16.5%	Q3 2019
ADBEAdobe Inc.	$8.75M	1.90%	0.01%	-0.8%	Q4 2018
LINLinde PLC	$7.42M	1.61%	0.00%	+3.8%	Q4 2018
VRTXVertex Pharmaceuticals Inc / Ma	$7.37M	1.60%	0.01%	-0.7%	Q2 2022
PEPPepsico Inc	$7.36M	1.60%	0.00%	-1.0%	Q4 2017
ZTSZoetis Inc.	$7.32M	1.59%	0.01%	-1.9%	Q2 2019
UBERUber Technologies, Inc	$7.12M	1.55%	0.00%	+28.0%	Q2 2025
XYLXylem Inc.	$7.07M	1.54%	0.02%	+0.7%	Q4 2017
FSLRFirst Solar, Inc.	$6.82M	1.48%	0.03%	-10.7%	Q4 2017
UNHUnitedhealth Group Inc	$6.76M	1.47%	0.00%	-1.7%	Q4 2017
INTUIntuit Inc.	$6.61M	1.44%	0.01%	+1.9%	Q2 2022
ULTAUlta Beauty, Inc.	$6.47M	1.40%	0.03%	-28.2%	Q3 2019
DHIHorton D R Inc	$6.42M	1.39%	0.02%	+1.1%	Q2 2021
EOGEog Resources Inc	$5.68M	1.23%	0.01%	-13.1%	Q1 2022
ABTAbbott Laboratories	$4.96M	1.08%	0.00%	-0.7%	Q4 2017
AMGNAmgen Inc	$3.5M	0.76%	0.00%	-0.9%	Q4 2017
LLYELI LILLY & Co	$3.5M	0.76%	0.00%	-0.3%	Q3 2020
DXCMDexcom Inc	$2.81M	0.61%	0.01%	+8.9%	Q1 2025
PINSPinterest, Inc.	$2.55M	0.55%	0.11%	+2.3%	Q4 2025
PYPLPayPal Holdings, Inc.	$2.39M	0.52%	0.01%	+0.8%	Q4 2017
TTDTrade Desk, Inc.	$1.65M	0.36%	Not reported	+5.9%	Q1 2023
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$1.59M	0.35%	Not reported	Not reported	Q4 2017
ECLEcolab Inc.	$1.44M	0.31%	0.00%	-0.4%	Q4 2017
COSTCostco Wholesale Corp	$1.18M	0.26%	0.00%	-12.3%	Q4 2017
AWKAmerican Water Works Company, Inc.	$1.1M	0.24%	0.00%	+5.7%	Q2 2022
JNJJohnson & Johnson	$1.07M	0.23%	0.00%	-4.3%	Q4 2017
WELLWelltower Inc.	$886K	0.19%	0.00%	-1.1%	Q2 2022
ATOAtmos Energy Corp	$757K	0.16%	0.00%	Not reported	Q4 2022
GOOGAlphabet Inc.	$707K	0.15%	Not reported	-43.7%	Q4 2017
MARMarriott International Inc	$667K	0.14%	0.00%	Not reported	Q4 2022
AVGOBroadcom Inc.	$605K	0.13%	0.00%	-8.0%	Q4 2020
SPYSPDR S&P 500 ETF Trust	$605K	0.13%	Not reported	Not reported	Q4 2017
KOCoca Cola Co	$586K	0.13%	0.00%	-1.7%	Q1 2021
VVisa Inc.	$563K	0.12%	0.00%	-0.9%	Q4 2017
SPGSimon Property Group Inc.	$546K	0.12%	36.61%	Not reported	Q4 2024
LAMRLamar Advertising Co	$546K	0.12%	Not reported	Not reported	Q4 2022

Q4 2025Reported Jan 15, 202680 positions
MSFTMicrosoft Corp	$37.2M	7.48%	0.00%	+1.2%	Q4 2017
GOOGLAlphabet Inc.	$31.5M	6.32%	0.00%	-4.2%	Q4 2017
AAPLApple Inc.	$27.5M	5.52%	0.00%	-1.5%	Q4 2017
AMZNAmazon Com Inc	$24.9M	5.00%	0.00%	+1.3%	Q4 2017
NVDANvidia Corp	$24.1M	4.83%	0.00%	-0.1%	Q4 2020
MAMastercard Inc	$16M	3.21%	0.00%	+3.6%	Q4 2018
JPMJPMorgan Chase & Co	$14.6M	2.93%	0.00%	-0.4%	Q4 2017
TTTrane Technologies plc	$14.4M	2.90%	0.02%	+2.8%	Q1 2020
LRCXLam Research Corp	$13.4M	2.68%	0.01%	+0.2%	Q1 2025
ADBEAdobe Inc.	$12.7M	2.55%	0.01%	Not reported	Q4 2018
CMECme Group Inc.	$12M	2.40%	0.01%	+2.4%	Q4 2017
EWEdwards Lifesciences Corp	$11.7M	2.35%	0.02%	+2.5%	Q2 2018
FTNTFortinet, Inc.	$11.4M	2.30%	0.02%	+4.7%	Q2 2024
SPGIS&P Global Inc.	$11.4M	2.28%	0.01%	+4.8%	Q3 2019
NFLXNetflix Inc	$11.2M	2.25%	0.00%	+5.3%	Q2 2022
WMWaste Management Inc	$10.8M	2.17%	0.01%	+3.7%	Q4 2017
ULTAUlta Beauty, Inc.	$10.4M	2.09%	0.04%	-2.0%	Q3 2019
FSLRFirst Solar, Inc.	$10.1M	2.03%	0.04%	-2.5%	Q4 2017
INTUIntuit Inc.	$9.94M	2.00%	0.01%	+4.5%	Q2 2022
UNHUnitedhealth Group Inc	$8.39M	1.69%	0.00%	+1.4%	Q4 2017
XYLXylem Inc.	$8M	1.61%	0.02%	+1.5%	Q4 2017
ZTSZoetis Inc.	$7.94M	1.59%	0.01%	+5.5%	Q2 2019
VRTXVertex Pharmaceuticals Inc / Ma	$7.53M	1.51%	0.01%	+2.2%	Q2 2022
PEPPepsico Inc	$6.87M	1.38%	0.00%	+2.1%	Q4 2017
DHIHorton D R Inc	$6.67M	1.34%	0.02%	+2.3%	Q2 2021
UBERUber Technologies, Inc	$6.32M	1.27%	0.00%	+5.6%	Q2 2025
LINLinde PLC	$6.15M	1.23%	0.00%	+3.9%	Q4 2018
ABTAbbott Laboratories	$6.09M	1.22%	0.00%	+3.1%	Q4 2017
EOGEog Resources Inc	$4.75M	0.95%	0.01%	-2.7%	Q1 2022
LLYELI LILLY & Co	$4.1M	0.82%	0.00%	Not reported	Q3 2020
PINSPinterest, Inc.	$3.52M	0.71%	0.11%	New	Q4 2025
AMGNAmgen Inc	$3.29M	0.66%	0.00%	-1.0%	Q4 2017
PYPLPayPal Holdings, Inc.	$3.06M	0.61%	0.01%	+1.1%	Q4 2017
DXCMDexcom Inc	$2.73M	0.55%	0.01%	+3.2%	Q1 2025
TTDTrade Desk, Inc.	$2.6M	0.52%	Not reported	Not reported	Q1 2023
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$1.54M	0.31%	Not reported	Not reported	Q4 2017
ECLEcolab Inc.	$1.43M	0.29%	0.00%	+0.6%	Q4 2017
GOOGAlphabet Inc.	$1.37M	0.28%	Not reported	-1.9%	Q4 2017
COSTCostco Wholesale Corp	$1.17M	0.23%	0.00%	Not reported	Q4 2017
AWKAmerican Water Works Company, Inc.	$999K	0.20%	0.00%	+4.2%	Q2 2022
JNJJohnson & Johnson	$946K	0.19%	0.00%	Not reported	Q4 2017
WELLWelltower Inc.	$842K	0.17%	0.00%	-14.0%	Q2 2022
AVGOBroadcom Inc.	$735K	0.15%	0.00%	-10.6%	Q4 2020
ATOAtmos Energy Corp	$687K	0.14%	0.00%	Not reported	Q4 2022
VVisa Inc.	$659K	0.13%	0.00%	Not reported	Q4 2017
SPYSPDR S&P 500 ETF Trust	$634K	0.13%	Not reported	Not reported	Q4 2017
MARMarriott International Inc	$633K	0.13%	0.00%	Not reported	Q4 2022
ABBVAbbVie Inc.	$586K	0.12%	0.00%	Not reported	Q1 2019
KOCoca Cola Co	$548K	0.11%	0.00%	Not reported	Q1 2021
LAMRLamar Advertising Co	$546K	0.11%	Not reported	+3.0%	Q4 2022

Q3 2025Reported Oct 28, 202581 positions
MSFTMicrosoft Corp	$39.4M	8.08%	0.00%	-3.1%	Q4 2017
AAPLApple Inc.	$26.1M	5.36%	0.00%	-2.5%	Q4 2017
GOOGLAlphabet Inc.	$25.5M	5.23%	0.00%	-1.4%	Q4 2017
NVDANvidia Corp	$24.1M	4.94%	0.00%	-8.7%	Q4 2020
AMZNAmazon Com Inc	$23.4M	4.80%	0.00%	+2.1%	Q4 2017
MAMastercard Inc	$15.4M	3.15%	0.00%	+0.5%	Q4 2018
TTTrane Technologies plc	$15.2M	3.12%	0.02%	-13.2%	Q1 2020
JPMJPMorgan Chase & Co	$14.3M	2.94%	0.00%	-3.1%	Q4 2017
NFLXNetflix Inc	$13.6M	2.80%	0.00%	-0.7%	Q2 2022
ADBEAdobe Inc.	$12.8M	2.63%	0.01%	+4.6%	Q4 2018
FTNTFortinet, Inc.	$11.6M	2.37%	0.02%	+3.6%	Q2 2024
CMECme Group Inc.	$11.6M	2.37%	0.01%	+0.9%	Q4 2017
WMWaste Management Inc	$10.5M	2.15%	0.01%	-0.6%	Q4 2017
LRCXLam Research Corp	$10.4M	2.14%	0.01%	-0.2%	Q1 2025
EWEdwards Lifesciences Corp	$10.4M	2.13%	0.02%	+2.1%	Q2 2018
SPGIS&P Global Inc.	$10.1M	2.07%	0.01%	-1.2%	Q3 2019
INTUIntuit Inc.	$9.81M	2.01%	0.01%	+15.9%	Q2 2022
ULTAUlta Beauty, Inc.	$9.62M	1.97%	0.04%	-4.3%	Q3 2019
EAElectronic Arts Inc.	$9M	1.85%	Not reported	-3.1%	Q4 2021
FSLRFirst Solar, Inc.	$8.76M	1.80%	0.04%	+0.5%	Q4 2017
ZTSZoetis Inc.	$8.76M	1.80%	0.01%	+6.1%	Q2 2019
UNHUnitedhealth Group Inc	$8.66M	1.78%	0.00%	-0.6%	Q4 2017
XYLXylem Inc.	$8.54M	1.75%	0.02%	-1.9%	Q4 2017
DHIHorton D R Inc	$7.67M	1.57%	0.02%	-1.0%	Q2 2021
UBERUber Technologies, Inc	$7.18M	1.47%	0.00%	+7.2%	Q2 2025
LINLinde PLC	$6.59M	1.35%	0.00%	-3.8%	Q4 2018
PEPPepsico Inc	$6.59M	1.35%	0.00%	-5.7%	Q4 2017
VRTXVertex Pharmaceuticals Inc / Ma	$6.37M	1.31%	0.01%	+2.9%	Q2 2022
ABTAbbott Laboratories	$6.32M	1.30%	0.00%	+1.2%	Q4 2017
EOGEog Resources Inc	$5.2M	1.07%	0.01%	+1.4%	Q1 2022
PYPLPayPal Holdings, Inc.	$3.48M	0.71%	0.01%	-1.9%	Q4 2017
AMGNAmgen Inc	$2.86M	0.59%	0.00%	+1.1%	Q4 2017
DXCMDexcom Inc	$2.68M	0.55%	0.01%	+5.1%	Q1 2025
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$1.52M	0.31%	Not reported	Not reported	Q4 2017
ALGNAlign Technology Inc	$1.49M	0.31%	0.02%	+8.3%	Q2 2022
ECLEcolab Inc.	$1.48M	0.30%	0.00%	-13.5%	Q4 2017
COSTCostco Wholesale Corp	$1.25M	0.26%	0.00%	-3.8%	Q4 2017
GOOGAlphabet Inc.	$1.09M	0.22%	Not reported	-51.8%	Q4 2017
AWKAmerican Water Works Company, Inc.	$1.02M	0.21%	0.00%	+8.3%	Q2 2022
WELLWelltower Inc.	$939K	0.19%	0.00%	-2.0%	Q2 2022
JNJJohnson & Johnson	$848K	0.17%	0.00%	Not reported	Q4 2017
AVGOBroadcom Inc.	$784K	0.16%	0.00%	-8.6%	Q4 2020
ATOAtmos Energy Corp	$700K	0.14%	0.00%	Not reported	Q4 2022
VVisa Inc.	$641K	0.13%	0.00%	-59.6%	Q4 2017
SPYSPDR S&P 500 ETF Trust	$620K	0.13%	Not reported	Not reported	Q4 2017
ABBVAbbVie Inc.	$594K	0.12%	0.00%	Not reported	Q1 2019
SPGSimon Property Group Inc.	$550K	0.11%	36.61%	+8.8%	Q4 2024
MARMarriott International Inc	$531K	0.11%	0.00%	Not reported	Q4 2022
KOCoca Cola Co	$520K	0.11%	0.00%	Not reported	Q1 2021
LAMRLamar Advertising Co	$513K	0.11%	Not reported	+5.5%	Q4 2022

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