SEC 13F Intelligence

Managers / Q2 2026

Fulcrum Equity Management

CIK 0001737888 · 5465 LEGACY DRIVE, SUITE 650, PLANO, TX, 75024 · 8883046942

Reported Value
$136M
Q2 2026
Positions
144
Filings on Record
36
2019–present window
Filed
Jul 9, 2026
original filing

Summary

Fulcrum Equity Management reported $136M in U.S.-listed holdings across 144 positions for Q2 2026.

Its largest position, Ishares Tr, represents 9.0% of the portfolio.

Compared with Q1 2026, the fund opened 37 new positions and exited 21.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+36.1%
share of reported value
Largest Position
+9.0%
Ishares Tr
New / Exited
37 / 21
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $291MQ1 ’19Q2 ’19: $210MQ3 ’19: $197MQ4 ’19: $191MQ1 ’20: $140MQ1 ’20Q2 ’20: $211MQ3 ’20: $216MQ4 ’20: $251MQ1 ’21: $253MQ1 ’21Q2 ’21: $268MQ4 ’21: $258MQ1 ’22: $169MQ2 ’22: $124MQ2 ’22Q3 ’22: $118MQ4 ’22: $122MQ1 ’23: $213MQ2 ’23: $122MQ2 ’23Q3 ’23: $85MQ4 ’23: $162MQ1 ’24: $85MQ2 ’24: $111MQ2 ’24Q3 ’24: $118MQ1 ’25: $92MQ2 ’25: $97MQ4 ’25: $104MQ4 ’25Q1 ’26: $103MQ2 ’26: $136Mfilingsflow.com

Portfolio Composition

By security type
ETP: 54.8%Common Stock: 40.8%Other: 2.5%ADR: 1.4%REIT: 0.4%
  • ETP · 54.8% · $75M
  • Common Stock · 40.8% · $56M
  • Other · 2.5% · $3M
  • ADR · 1.4% · $2M
  • REIT · 0.4% · $516,754

Quarter-over-Quarter Changes full breakdown →

vs Q1 2026 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ROUNDHILL ETF TRUSTNEW+16.3K16.3K+$1M$1M
SPDR SERIES TRUSTNEW+29.8K29.8K+$920,441$920,441
VANECK ETF TRUSTNEW+12.4K12.4K+$655,680$655,680
AAOIAPPLIED OPTOELECTRONICS INCNEW+4.2K4.2K+$623,161$623,161
MUMICRON TECHNOLOGY INCNEW+521521+$601,385$601,385
INVESCO EXCHANGE TRADED FD TNEW+3.7K3.7K+$500,394$500,394
FIRST TR EXCHANGE TRADED FDNEW+3.4K3.4K+$449,985$449,985
PANWPALO ALTO NETWORKS INCNEW+1.2K1.2K+$416,726$416,726

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2026

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLFSELECT SECTOR SPDR TRST STR TECHN ETF · ST STR FINL ETF · ST STR INDL ETF · ST STR DISCR ETF · ST STR SVC ETF · ST STR CARE ETF · ST STR ENERG ETF11.60%$16M139.7K
2ISHARES TRCORE S&P TTL STK · CORE UNIVRSL USD · S&P 500 GRWT ETF · S&P 500 VAL ETF · MSCI ACWI EX US11.49%$16M115.3K
3ISHARES INCMSCI WORLD ETF6.86%$9M46.2K
4OKEONEOK INC NEWhistory →COM3.31%$5M51.9K
5NVDANVIDIA CORPORATIONhistory →COM3.30%$5M22.5K
6SPDR SERIES TRUSTST STR P500ETF · ST STR BLO 1 ETF · ST STR RATE ETF3.29%$4M69.8K
7SCHWAB STRATEGIC TRUS DIVIDEND EQ · US BRD MKT ETF · US LCAP GR ETF2.40%$3M105.5K
8AAPLAPPLE INChistory →COM2.26%$3M10.6K
9INVESCO EXCH TRADED FD TR IIS&P 500 MOMNTM1.66%$2M14.0K
10GOOGLALPHABET INChistory →CAP STK CL A1.56%$2M6.0K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.48%$2M4.0K
12WMTWALMART INChistory →COM1.40%$2M16.9K
13AMZNAMAZON COM INChistory →COM1.13%$2M6.5K
14MSFTMICROSOFT CORPhistory →COM1.07%$1M3.9K
15ASML HLDG NVN Y REGISTRY SHS1.03%$1M708
16AVGOBROADCOM INChistory →COM1.02%$1M3.7K
17JPMJPMORGAN CHASE & COCOM0.90%$1M3.8K
18ROUNDHILL ETF TRUSTMEMORY ETF0.88%$1M16.3K
19GEVGE VERNOVA INCCOM0.87%$1M1.0K
20AMDADVANCED MICRO DEVICES INCCOM0.83%$1M1.9K
21TSLATESLA INCCOM0.80%$1M2.6K
22NEBIUS GROUP N.V.SHS CLASS A0.79%$1M3.9K
23LLYELI LILLY & COCOM0.74%$1M836
24INVESCO ACTIVELY MANAGED EXCULTRA SHRT DUR0.67%$919,65118.3K
25BLACKROCK ETF TRUSTISHARES US EQUIT0.67%$915,12913.5K
26AMATAPPLIED MATLS INCCOM0.64%$868,3321.2K
27TSMTAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS0.60%$820,9431.7K
28METAMETA PLATFORMS INCCL A0.58%$785,2861.4K
29LOWLOWES COS INCCOM0.58%$785,2053.6K
30LRCXLAM RESEARCH CORPCOM NEW0.53%$728,4521.7K
31GSGOLDMAN SACHS GROUP INCCOM0.51%$699,229691
32APHAMPHENOL CORPCL A0.50%$676,0743.8K
33VANECK ETF TRUSTCLO ETF0.48%$655,68012.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$136M144Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$103M128Apr 2, 202613F-HRchanges · EDGAR ↗
Q4 2025$104M117Jan 6, 202613F-HRchanges · EDGAR ↗
Q2 2025$97M102Aug 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$92M96May 1, 202513F-HRchanges · EDGAR ↗
Q3 2024$118M137Nov 22, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$111M130Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$85M109Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023REVEALED$162M182Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$85M95Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$122M70Jul 10, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023REVEALED$213M180Apr 6, 202313F-HRchanges · EDGAR ↗
Q4 2022$122M70Jan 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$118M64Oct 11, 202213F-HRchanges · EDGAR ↗
Q2 2022$124M73Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$169M105Apr 15, 202213F-HRchanges · EDGAR ↗
Q4 2021$258M177Jan 25, 202213F-HRchanges · EDGAR ↗
Q2 2021$268M179Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$253M172Apr 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$251M153Feb 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$216M144Oct 27, 202013F-HRchanges · EDGAR ↗
Q2 2020$211M138Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$140M49Apr 1, 202013F-HRchanges · EDGAR ↗
Q4 2019$191M89Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$197M238Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$210M81Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$291M97May 3, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.