SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Fulcrum Equity Management

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

Reported Value
$197M
Q3 2019
Positions
238
Filings on Record
36
2019–present window
Filed
Nov 5, 2019
original filing

Summary

Fulcrum Equity Management reported $197M in U.S.-listed holdings across 238 positions for Q3 2019.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 31.4% of reported value.

Compared with Q2 2019, the fund opened 165 new positions and exited 8.

Portfolio Metrics

Turnover
+38.8%
vs prior filed quarter
Top-10 Concentration
+75.1%
share of reported value
Largest Position
+31.4%
Ishares Tr
New / Exited
165 / 8
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: 85.0%Common Stock: 13.0%REIT: 0.8%Other: 0.8%MLP: 0.2%Other: 0.3%
  • ETP · 85.0% · $168M
  • Common Stock · 13.0% · $26M
  • REIT · 0.8% · $2M
  • Other · 0.8% · $1M
  • MLP · 0.2% · $441,000
  • Other · 0.3% · $553,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IYFISHARES TRNEW+29.2K29.2K+$4M$4M
ISHARES TRNEW+29.5K29.5K+$4M$4M
SLVISHARES SILVER TRUSTNEW+104.2K104.2K+$2M$2M
FIRST TR S&P REIT INDEX FDNEW+62.2K62.2K+$2M$2M
ISHARES TRNEW+14.3K14.3K+$2M$2M
SPDR S&P 500 ETF TRNEW+2.9K2.9K+$875,000$875,000
BFAMBRIGHT HORIZONS FAM SOL IN DNEW+5.6K5.6K+$859,000$859,000
CPRTCOPART INCNEW+10.7K10.7K+$857,000$857,000

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

Holdings — Q3 2019

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IYFISHARES TR1 3 YR TREAS BD · U.S. TECH ETF · US INDUSTRIALS · U.S. CNSM SV ETF · U.S. FINLS ETF · U.S. CNSM GD ETF · MSCI ACWI ETF · CORE US AGGBD ET · 20 YR TR BD ETF · IBOXX INV CP ETF · BARCLAYS 7 10 YR · IBOXX HI YD ETF45.85%$90M935.2K
2FIRST TR NASDAQ100 TECH INDESHS15.21%$30M342.8K
3FIRST TR EXCHANGE TRADED FDTECH ALPHADEX14.60%$29M442.3K
4NDQINVESCO QQQ TRhistory →UNIT SER 11.93%$4M20.1K
5OKEONEOK INC NEWhistory →COM1.74%$3M46.5K
6XLBSELECT SECTOR SPDR TRSBI CONS DISCR · SBI CONS STPLS · SBI HEALTHCARE · SBI MATERIALS1.68%$3M43.0K
7VANECK VECTORS ETF TRAGRIBUSINESS ETF0.86%$2M25.8K
8SLVISHARES SILVER TRUSTISHARES0.84%$2M104.2K
9FIRST TR S&P REIT INDEX FDCOM0.84%$2M62.2K
10GQ9SPDR GOLD TRUSTGOLD SHS0.81%$2M11.5K
11SPDR S&P 500 ETF TRTR UNIT0.44%$875,0002.9K
12BFAMBRIGHT HORIZONS FAM SOL IN DCOM0.44%$859,0005.6K
13CPRTCOPART INCCOM0.43%$857,00010.7K
14PAYCPAYCOM SOFTWARE INCCOM0.40%$790,0003.8K
15SNPSSYNOPSYS INCCOM0.39%$779,0005.7K
16VEEVVEEVA SYS INCCL A COM0.37%$725,0004.7K
17PYPLPAYPAL HLDGS INCCOM0.33%$643,0006.2K
18LOWLOWES COS INCCOM0.32%$637,0005.8K
19JNJJOHNSON & JOHNSONCOM0.32%$628,0004.9K
20ISHARES INCMSCI PAC JP ETF0.31%$609,00013.6K
21PFEPFIZER INCCOM0.31%$604,00016.8K
22VRSKVERISK ANALYTICS INCCOM0.30%$583,0003.7K
23ZTSZOETIS INCCL A0.29%$576,0004.6K
24INGERSOLL-RAND PLCSHS0.28%$555,0004.5K
25KEYSKEYSIGHT TECHNOLOGIES INCCOM0.28%$549,0005.6K
26LULULULULEMON ATHLETICA INCCOM0.27%$534,0002.8K
27PLOWDOUGLAS DYNAMICS INCCOM0.27%$533,00012.0K
28AMGNAMGEN INCCOM0.27%$531,0002.7K
29ROSTROSS STORES INCCOM0.27%$527,0004.8K
30EPAMEPAM SYS INCCOM0.27%$525,0002.9K
31MPTMEDICAL PPTYS TRUST INCCOM0.26%$516,00026.4K
32MPCMARATHON PETE CORPCOM0.26%$514,0008.5K
33TXNTEXAS INSTRS INCCOM0.26%$513,0004.0K
34VVISA INCCOM CL A0.24%$475,0002.8K
35LMTLOCKHEED MARTIN CORPCOM0.24%$464,0001.2K
36CSCOCISCO SYS INCCOM0.23%$455,0009.2K

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 ↗.