Fulcrum Equity Management — Q2 2025 13F Holdings

Holdings as of June 30, 2025

Portfolio value

$97.37B

Holdings count

102

102 positions reported

Accession #

0001737888-25-000006

Form 13F-HR

Loading quarter-over-quarter changes...

All Reported Positions

102 positions sorted by value

102 positions

Issuer	CUSIP	Valuev	Weight	Shares/Prin.	Discretion	Voting (Sole/Shared/None)
ISHARES TRCORE S&P TTL STK	464287150	$10.86B	11.15%	80,410shares	SOLE	0 / 0 / 80,410
ISHARES INCMSCI WORLD ETF	464286392	$7.82B	8.04%	46,192shares	SOLE	0 / 0 / 46,192
SPDR S&P 500 ETF TRTR UNIT	78462F103	$6.91B	7.09%	11,177shares	SOLE	56 / 0 / 11,121
INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL	46138E354	$4.85B	4.98%	66,540shares	SOLE	0 / 0 / 66,540
SELECT SECTOR SPDR TRTECHNOLOGY	81369Y803	$4.69B	4.82%	18,539shares	SOLE	1,732 / 0 / 16,807
ONEOK INC NEWCOM	682680103	$4.02B	4.13%	49,213shares	SOLE	0 / 0 / 49,213
BERKSHIRE HATHAWAY INC DELCL B NEW	084670702	$2.15B	2.20%	4,418shares	SOLE	0 / 0 / 4,418
SELECT SECTOR SPDR TRFINANCIAL	81369Y605	$1.91B	1.96%	36,467shares	SOLE	3,424 / 0 / 33,043
SELECT SECTOR SPDR TRCOMMUNICATION	81369Y852	$1.78B	1.82%	16,357shares	SOLE	1,548 / 0 / 14,809
NVIDIA CORPORATIONCOM	67066G104	$1.74B	1.79%	11,013shares	SOLE	0 / 0 / 11,013
ISHARES TRU.S. TECH ETF	464287721	$1.55B	1.60%	8,965shares	SOLE	0 / 0 / 8,965
WALMART INCCOM	931142103	$1.53B	1.58%	15,693shares	SOLE	0 / 0 / 15,693
INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF	46138G649	$1.49B	1.53%	6,553shares	SOLE	0 / 0 / 6,553
SPDR SERIES TRUSTS&P INS ETF	78464A789	$1.47B	1.51%	24,649shares	SOLE	0 / 0 / 24,649
SPDR SERIES TRUSTBLOOMBERG 1-3 MO	78468R663	$1.33B	1.37%	14,519shares	SOLE	0 / 0 / 14,519
SELECT SECTOR SPDR TRSBI INT-UTILS	81369Y886	$1.27B	1.30%	15,544shares	SOLE	357 / 0 / 15,187
SELECT SECTOR SPDR TRSBI CONS STPLS	81369Y308	$1.25B	1.28%	15,432shares	SOLE	499 / 0 / 14,933
ALPS ETF TRALERIAN ENERGY	00162Q676	$1.08B	1.11%	33,442shares	SOLE	0 / 0 / 33,442
SCHWAB STRATEGIC TRUS BRD MKT ETF	808524102	$996.21M	1.02%	41,805shares	SOLE	0 / 0 / 41,805
VANECK ETF TRUSTENERGY INCME ET	92189H870	$974.19M	1.00%	9,871shares	SOLE	0 / 0 / 9,871
SELECT SECTOR SPDR TRINDL	81369Y704	$971.27M	1.00%	6,584shares	SOLE	626 / 0 / 5,958
FIRST TR EXCHANGE-TRADED FDNO AMER ENERGY	33738D101	$968.48M	0.99%	25,819shares	SOLE	0 / 0 / 25,819
SCHWAB STRATEGIC TRUS LCAP GR ETF	808524300	$958.68M	0.98%	32,820shares	SOLE	0 / 0 / 32,820
SPDR SERIES TRUSTPORTFOLIO S&P500	78464A854	$953.02M	0.98%	13,111shares	SOLE	0 / 0 / 13,111
ISHARES TRCORE S&P500 ETF	464287200	$938.91M	0.96%	1,512shares	SOLE	0 / 0 / 1,512
FIRST TR EXCHANGE TRADED FDUTILITIES ALPH	33734X184	$930.36M	0.96%	21,953shares	SOLE	0 / 0 / 21,953
APPLE INCCOM	037833100	$896.63M	0.92%	4,370shares	SOLE	0 / 0 / 4,370
GLOBAL X FDSGLB X MLP ENRG I	37954Y293	$875.49M	0.90%	13,972shares	SOLE	0 / 0 / 13,972
AMAZON COM INCCOM	023135106	$857.16M	0.88%	3,907shares	SOLE	0 / 0 / 3,907
SELECT SECTOR SPDR TRSBI HEALTHCARE	81369Y209	$854.84M	0.88%	6,342shares	SOLE	600 / 0 / 5,742
ISHARES TRU.S. INSRNCE ETF	464288786	$853.91M	0.88%	6,351shares	SOLE	0 / 0 / 6,351
SELECT SECTOR SPDR TRSBI CONS DISCR	81369Y407	$847.80M	0.87%	3,901shares	SOLE	370 / 0 / 3,531
ISHARES TRMSCI USA QLT FCT	46432F339	$815.68M	0.84%	4,462shares	SOLE	0 / 0 / 4,462
ISHARES TR1 3 YR TREAS BD	464287457	$785.10M	0.81%	9,475shares	SOLE	0 / 0 / 9,475
LOWES COS INCCOM	548661107	$763.18M	0.78%	3,440shares	SOLE	0 / 0 / 3,440
ISHARES TREAFE VALUE ETF	464288877	$759.60M	0.78%	11,966shares	SOLE	0 / 0 / 11,966
BROADCOM INCCOM	11135F101	$724.54M	0.74%	2,628shares	SOLE	0 / 0 / 2,628
SILA REALTY TRUST INCCOMMON STOCK	146280508	$720.25M	0.74%	30,429shares	SOLE	0 / 0 / 30,429
BLACKROCK ETF TRUSTISHARES US EQUIT	09290C103	$709.50M	0.73%	13,028shares	SOLE	0 / 0 / 13,028
META PLATFORMS INCCL A	30303M102	$677.64M	0.70%	918shares	SOLE	0 / 0 / 918
ISHARES TRS&P 500 GRWT ETF	464287309	$649.80M	0.67%	5,902shares	SOLE	0 / 0 / 5,902
ABBVIE INCCOM	00287Y109	$639.07M	0.66%	3,443shares	SOLE	0 / 0 / 3,443
ISHARES TRCORE TOTAL USD	46434V613	$615.37M	0.63%	13,311shares	SOLE	0 / 0 / 13,311
ISHARES TRS&P 500 VAL ETF	464287408	$577.48M	0.59%	2,955shares	SOLE	0 / 0 / 2,955
BONDBLOXX ETF TRUSTBLOOMBERG TEN YR	09789C812	$557.71M	0.57%	12,082shares	SOLE	0 / 0 / 12,082
ISHARES INCMSCI GBL MIN VOL	464286525	$511.04M	0.52%	4,310shares	SOLE	0 / 0 / 4,310
GE VERNOVA INCCOM	36828A101	$497.93M	0.51%	941shares	SOLE	0 / 0 / 941
ISHARES INCCORE MSCI EMKT	46434G103	$486.45M	0.50%	8,104shares	SOLE	0 / 0 / 8,104
TESLA INCCOM	88160R101	$486.34M	0.50%	1,531shares	SOLE	0 / 0 / 1,531
ISHARES TRIBOXX HI YD ETF	464288513	$465.30M	0.48%	5,769shares	SOLE	0 / 0 / 5,769
ALPHABET INCCAP STK CL A	02079K305	$463.94M	0.48%	2,633shares	SOLE	0 / 0 / 2,633
INVESCO EXCH TRADED FD TR IIS&P 500 MOMNTM	46138E339	$463.05M	0.48%	4,117shares	SOLE	0 / 0 / 4,117
DUKE ENERGY CORP NEWCOM NEW	26441C204	$459.35M	0.47%	3,893shares	SOLE	0 / 0 / 3,893
COSTCO WHSL CORP NEWCOM	22160K105	$444.55M	0.46%	449shares	SOLE	0 / 0 / 449
JPMORGAN CHASE & CO.COM	46625H100	$443.56M	0.46%	1,530shares	SOLE	0 / 0 / 1,530
BNY MELLON ETF TRUSTHIGH YIELD ETF	09661T800	$431.87M	0.44%	8,944shares	SOLE	0 / 0 / 8,944
MICROSOFT CORPCOM	594918104	$415.90M	0.43%	836shares	SOLE	0 / 0 / 836
EXXON MOBIL CORPCOM	30231G102	$411.36M	0.42%	3,816shares	SOLE	0 / 0 / 3,816
SCHWAB STRATEGIC TRUS AGGREGATE B	808524839	$379.78M	0.39%	16,342shares	SOLE	0 / 0 / 16,342
MANAGED PORTFOLIO SERIESKENSINGTON HEDGE	56167N183	$379.02M	0.39%	14,993shares	SOLE	0 / 0 / 14,993
FRANKLIN TEMPLETON ETF TRHIGH YIELD CORP	35473P629	$374.63M	0.38%	15,385shares	SOLE	0 / 0 / 15,385
VALERO ENERGY CORPCOM	91913Y100	$367.59M	0.38%	2,735shares	SOLE	0 / 0 / 2,735
AMERICAN HEALTHCARE REIT INCCOM SHS	398182303	$363.91M	0.37%	9,905shares	SOLE	0 / 0 / 9,905
FIDELITY COVINGTON TRUSTMSCI INFO TECH I	316092808	$359.81M	0.37%	1,824shares	SOLE	0 / 0 / 1,824
ISHARES TREAFE GRWTH ETF	464288885	$335.64M	0.34%	2,997shares	SOLE	0 / 0 / 2,997
STARBUCKS CORPCOM	855244109	$333.17M	0.34%	3,636shares	SOLE	0 / 0 / 3,636
SPDR SERIES TRUSTPRTFLO S&P500 GW	78464A409	$320.77M	0.33%	3,365shares	SOLE	0 / 0 / 3,365
INVESCO EXCHANGE TRADED FD TS&P 500 TOP 50	46137V233	$317.77M	0.33%	6,099shares	SOLE	0 / 0 / 6,099
BLACKROCK ETF TRUSTISHARES US THEMA	09290C806	$315.74M	0.32%	8,874shares	SOLE	0 / 0 / 8,874
CISCO SYS INCCOM	17275R102	$309.73M	0.32%	4,464shares	SOLE	0 / 0 / 4,464
VANGUARD SCOTTSDALE FDSVNG RUS1000GRW	92206C680	$307.85M	0.32%	2,819shares	SOLE	0 / 0 / 2,819
DOORDASH INCCL A	25809K105	$304.69M	0.31%	1,236shares	SOLE	0 / 0 / 1,236
THORNBURG ETF TRMULTI SECTOR BD	88521L207	$299.55M	0.31%	11,770shares	SOLE	0 / 0 / 11,770
GOLDMAN SACHS GROUP INCCOM	38141G104	$290.88M	0.30%	411shares	SOLE	0 / 0 / 411
TARGA RES CORPCOM	87612G101	$290.27M	0.30%	1,667shares	SOLE	0 / 0 / 1,667
AMPHENOL CORP NEWCL A	032095101	$283.51M	0.29%	2,871shares	SOLE	0 / 0 / 2,871
J P MORGAN EXCHANGE TRADED FINCOME ETF	46641Q159	$274.83M	0.28%	5,933shares	SOLE	0 / 0 / 5,933
ORACLE CORPCOM	68389X105	$270.66M	0.28%	1,238shares	SOLE	0 / 0 / 1,238
SELECT SECTOR SPDR TRENERGY	81369Y506	$267.07M	0.27%	3,149shares	SOLE	0 / 0 / 3,149
ISHARES TRMBS ETF	464288588	$264.21M	0.27%	2,814shares	SOLE	0 / 0 / 2,814
NETFLIX INCCOM	64110L106	$257.11M	0.26%	192shares	SOLE	0 / 0 / 192
CME GROUP INCCOM	12572Q105	$253.24M	0.26%	919shares	SOLE	0 / 0 / 919
CHUNGHWA TELECOM CO LTDSPON ADR NEW11	17133Q502	$250.48M	0.26%	5,374shares	SOLE	0 / 0 / 5,374
PROSHARES TRPSHS ULT S&P 500	74347R107	$244.19M	0.25%	2,499shares	SOLE	0 / 0 / 2,499
ISHARES TRCORE INTL AGGR	46435G672	$229.55M	0.24%	4,493shares	SOLE	0 / 0 / 4,493
ROYAL BK CDACOM	780087102	$227.84M	0.23%	1,732shares	SOLE	0 / 0 / 1,732
SPOTIFY TECHNOLOGY S ASHS	L8681T102	$227.13M	0.23%	296shares	SOLE	0 / 0 / 296
ISHARES TRMORNINGSTAR GRWT	464287119	$226.64M	0.23%	2,339shares	SOLE	0 / 0 / 2,339
RTX CORPORATIONCOM	75513E101	$225.60M	0.23%	1,545shares	SOLE	0 / 0 / 1,545
JOHNSON CTLS INTL PLCSHS	G51502105	$224.65M	0.23%	2,127shares	SOLE	0 / 0 / 2,127
J P MORGAN EXCHANGE TRADED FUS QUALTY FCTR	46641Q761	$222.19M	0.23%	3,700shares	SOLE	0 / 0 / 3,700
PACER FDS TRUS LRG CP CASH	69374H360	$221.65M	0.23%	6,313shares	SOLE	0 / 0 / 6,313
PHILIP MORRIS INTL INCCOM	718172109	$216.55M	0.22%	1,189shares	SOLE	0 / 0 / 1,189
KIMBERLY-CLARK CORPCOM	494368103	$214.20M	0.22%	1,662shares	SOLE	0 / 0 / 1,662
PHILLIPS 66COM	718546104	$213.24M	0.22%	1,787shares	SOLE	0 / 0 / 1,787
NOVARTIS AGSPONSORED ADR	66987V109	$211.65M	0.22%	1,749shares	SOLE	0 / 0 / 1,749
VERIZON COMMUNICATIONS INCCOM	92343V104	$208.13M	0.21%	4,810shares	SOLE	0 / 0 / 4,810
PARKER-HANNIFIN CORPCOM	701094104	$204.72M	0.21%	293shares	SOLE	0 / 0 / 293
AMGEN INCCOM	031162100	$204.47M	0.21%	732shares	SOLE	0 / 0 / 732
MANAGED PORTFOLIO SERIESLEUTHOLD SELECT	56167R705	$202.20M	0.21%	5,500shares	SOLE	0 / 0 / 5,500
INGREDION INCCOM	457187102	$200.29M	0.21%	1,477shares	SOLE	0 / 0 / 1,477
BANCO SANTANDER S.A.ADR	05964H105	$124.23M	0.13%	14,967shares	SOLE	0 / 0 / 14,967

Filing Metadata

Form type

13F-HR

Filing date

Aug 25, 2025

Holdings as of

June 30, 2025

Accession

0001737888-25-000006

CIK

0001737888

View on SEC

Portfolio Snapshot

Total Portfolio Value

$97.37B

Number of Positions

102

102 reported by filer

Top 10 Concentration

48.0%

Top 20 Concentration

61.3%

Unique Issuers

102

By CUSIP

Avg. Position Size

$954.58M

Across 102 holdings

Top 5 Holdings

ISHARES TR11.2%

ISHARES INC8.0%

SPDR S&P 500 ETF TR7.1%

INVESCO EXCH TRADED FD TR II5.0%

SELECT SECTOR SPDR TR4.8%