SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Fulcrum Equity Management

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

Reported Value
$118M
Q3 2022
Positions
64
Filings on Record
36
2019–present window
Filed
Oct 11, 2022
original filing

Summary

Fulcrum Equity Management reported $118M in U.S.-listed holdings across 64 positions for Q3 2022.

Its largest position, Spdr S P 500 Etf Tr, represents 14.2% of the portfolio.

Compared with Q2 2022, the fund opened 19 new positions and exited 28.

Portfolio Metrics

Turnover
+33.5%
vs prior filed quarter
Top-10 Concentration
+48.0%
share of reported value
Largest Position
+14.2%
Spdr S P 500 Etf Tr
New / Exited
19 / 28
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: 89.1%Common Stock: 7.9%Other: 3.0%
  • ETP · 89.1% · $105M
  • Common Stock · 7.9% · $9M
  • Other · 3.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+145.2K145.2K+$12M$12M
PIMCO ETF TRNEW+42.0K42.0K+$4M$4M
ISHARES TRNEW+42.7K42.7K+$4M$4M
SPDR SER TRNEW+37.1K37.1K+$3M$3M
ISHARES TRNEW+10.2K10.2K+$3M$3M
FIRST TR EXCHANGE-TRADED FDNEW+44.8K44.8K+$3M$3M
INVESCO EXCH TRADED FD TR IINEW+46.2K46.2K+$3M$3M
INVESCO EXCHANGE TRADED FD TNEW+23.2K23.2K+$2M$2M

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

Holdings — Q3 2022

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TR1 3 YR TREAS BD · 7-10 YR TRSY BD · US CONSM STAPLES · US HLTHCR PR ETF · SELECT DIVID ETF · SHORT TREAS BD · 20 YR TR BD ETF · MSCI ACWI ETF · TRS FLT RT BD25.06%$30M303.0K
2SPDR S&P 500 ETF TRTR UNIT14.24%$17M47.1K
3XLFSELECT SECTOR SPDR TRTECHNOLOGY · SBI HEALTHCARE · FINANCIAL · ENERGY · SBI CONS STPLS · SBI INT-INDS · SBI INT-UTILS · SBI CONS DISCR7.28%$9M122.4K
4ALPS ETF TRALERIAN MLP · ALERIAN ENERGY4.84%$6M221.4K
5INVESCO EXCHANGE TRADED FD TDYNMC FOOD BEV · S&P500 EQL UTL · DYNMC ENRG EXP4.73%$6M102.6K
6FIRST TR EXCHANGE-TRADED FDNAS CLNEDG GREEN · NAT GAS ETF4.25%$5M152.7K
7J P MORGAN EXCHANGE TRADED FULTRA SHRT INC4.21%$5M99.2K
8PIMCO ETF TRENHAN SHRT MA AC · 1-5 US TIP IDX4.16%$5M57.5K
9INVESCO EXCH TRADED FD TR IIKBW REGL BKG · S&P SMALLCAP 6003.65%$4M64.5K
10SPDR SER TRBLOOMBERG 1-3 MO2.87%$3M37.1K
11MANAGED PORTFOLIO SERIESTORTOISE NRAM PI2.46%$3M125.9K
12CAMBRIA ETF TRVALUE MOMENTUM2.41%$3M109.9K
13FIRST TR MORNINGSTAR DIVID LSHS2.24%$3M82.4K
14WISDOMTREE TRUS HIGH DIVIDEND2.18%$3M34.0K
15PACER FDS TRUS CASH COWS 1002.17%$3M62.4K
16OKEONEOK INC NEWhistory →COM1.81%$2M41.8K
17PROSHARES TRPSHS ULT S&P 5001.78%$2M52.8K
18UVXYNPROSHARES TR IIhistory →ULTRA VIX SHORT1.30%$2M119.9K
19BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.78%$919,0003.4K
20LOWLOWES COS INCCOM0.71%$835,0004.4K
21MSTBETF SER SOLUTIONSLHA MKT ST ALP · LHA MKT ST TACTL0.70%$824,00033.8K
22PGIM ETF TRPGIM ULTRA SH BD0.65%$768,00015.6K
23JNJJOHNSON & JOHNSONCOM0.58%$686,0004.2K
24VETVERMILION ENERGY INCCOM0.55%$648,00030.3K
25WMTWALMART INCCOM0.50%$585,0004.5K
26HALHALLIBURTON COCOM0.47%$557,00022.6K
27PFEPFIZER INCCOM0.39%$466,00010.6K
28DDOMINION ENERGY INCCOM0.35%$412,0006.0K

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 ↗.