SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Fulcrum Equity Management

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

Reported Value
$291M
Q1 2019
Positions
97
Filings on Record
36
2019–present window
Filed
May 3, 2019
original filing

Summary

Fulcrum Equity Management reported $291M in U.S.-listed holdings across 97 positions for Q1 2019.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 34.6% of reported value.

Portfolio Metrics

Top-10 Concentration
+86.9%
share of reported value
Largest Position
+34.6%
Ishares Tr

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: 90.5%Common Stock: 8.4%Closed-End Fund: 0.4%REIT: 0.3%Other: 0.2%Other: 0.3%
  • ETP · 90.5% · $263M
  • Common Stock · 8.4% · $24M
  • Closed-End Fund · 0.4% · $1M
  • REIT · 0.3% · $932,000
  • Other · 0.2% · $538,000
  • Other · 0.3% · $742,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+1.20M1.20M+$101M$101M
FIRST TR EXCHANGE TRADED FDNEW+628.5K628.5K+$25M$25M
FIRST TR EXCHANGE TRADED FDNEW+389.8K389.8K+$25M$25M
FIRST TR NASDAQ100 TECH INDENEW+301.7K301.7K+$25M$25M
FIRST TR EXCHANGE TRADED FDNEW+163.9K163.9K+$25M$25M
ISHARES TRNEW+102.2K102.2K+$16M$16M
ISHARES TRNEW+80.7K80.7K+$15M$15M
NDQINVESCO QQQ TRNEW+82.5K82.5K+$15M$15M

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

Holdings — Q1 2019

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TR1 3 YR TREAS BD · US INDUSTRIALS · U.S. TECH ETF · MSCI ACWI ETF · U.S. REAL ES ETF · IBOXX INV CP ETF · CORE MSCI EAFE · IBOXX HI YD ETF47.22%$137M1.46M
2FIRST TR EXCHANGE TRADED FDINDLS PROD DUR · TECH ALPHADEX · NY ARCA BIOTECH · UTILITIES ALPH25.96%$76M1.21M
3FIRST TR NASDAQ100 TECH INDESHS8.54%$25M301.7K
4NDQINVESCO QQQ TRhistory →UNIT SER 15.09%$15M82.5K
5OKEONEOK INC NEWhistory →COM1.06%$3M44.1K
6SELECT SECTOR SPDR TRSBI HEALTHCARE · SBI CONS DISCR · SBI CONS STPLS0.71%$2M25.7K
7JNJJOHNSON & JOHNSONCOM0.34%$991,0007.1K
8NEW AMER HIGH INCOME FD INCCOM NEW0.31%$892,000105.0K
9SPDR SERIES TRUSTBLMBRG BRC CNVRT0.31%$891,00017.1K
10BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.28%$824,0004.1K
11AMGNAMGEN INCCOM0.27%$789,0004.2K
12AAPLAPPLE INCCOM0.24%$711,0003.7K
13CSCOCISCO SYS INCCOM0.23%$684,00012.7K
14SPDR S&P 500 ETF TRTR UNIT0.23%$680,0002.4K
15VANECK VECTORS ETF TRAGRIBUSINESS ETF0.23%$666,00010.7K
16GQ9SPDR GOLD TRUSTGOLD SHS0.23%$656,0005.4K
17FIRST TR S&P REIT INDEX FDCOM0.22%$642,00025.8K
18ISHARES INCMSCI PAC JP ETF0.22%$638,00013.9K
19UNHUNITEDHEALTH GROUP INCCOM0.22%$632,0002.6K
20HEIHEICO CORP NEWCOM0.22%$631,0006.6K
21LOWLOWES COS INCCOM0.22%$628,0005.7K
22PFEPFIZER INCCOM0.20%$582,00013.7K
23PYPLPAYPAL HLDGS INCCOM0.19%$557,0005.4K
24VEEVVEEVA SYS INCCL A COM0.19%$547,0004.3K
25ANETEURARISTA NETWORKS INCCOM0.18%$518,0001.6K
26LULULULULEMON ATHLETICA INCCOM0.17%$502,0003.1K
27PAAPLAINS ALL AMERN PIPELINE LUNIT LTD PARTN0.17%$491,00020.0K
28VRSKVERISK ANALYTICS INCCOM0.16%$480,0003.6K
29PSXPHILLIPS 66COM0.16%$478,0005.0K
30KEYSKEYSIGHT TECHNOLOGIES INCCOM0.16%$468,0005.4K
31EPAMEPAM SYS INCCOM0.16%$467,0002.8K
32ZTSZOETIS INCCL A0.15%$450,0004.5K
33FTNTFORTINET INCCOM0.15%$445,0005.3K
34NKENIKE INCCL B0.15%$438,0005.2K
35WMTWALMART INCCOM0.15%$427,0004.4K
36ROSTROSS STORES INCCOM0.15%$423,0004.5K
37VVISA INCCOM CL A0.15%$423,0002.7K
38OLLIOLLIES BARGAIN OUTLT HLDGS ICOM0.14%$407,0004.8K

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 ↗.