FULCRUM EQUITY MANAGEMENT

Filed: 8/25/2025ACC: 0001737888-25-000006

📋 What this filing means

FULCRUM EQUITY MANAGEMENT filed this quarterly 13F‑HR report disclosing 102 equity positions with a total reported market value of $97.37M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

102

Positions

$97.37M

Total AUM (reported)

1.02M

Total Shares

Allocation by class

COM$18.16M18.7%

CORE S&P TTL STK$10.86M11.2%

MSCI WORLD ETF$7.82M8.0%

TR UNIT$6.91M7.1%

S&P500 LOW VOL$4.85M5.0%

TECHNOLOGY$4.69M4.8%

CL B NEW$2.15M2.2%

Portfolio Concentration

Top 3$25.59M26.3%

4–10$21.13M21.7%

11–25$17.74M18.2%

Rest$32.91M33.8%

Top 3 weight

26.3%

Top 10 weight

48.0%

Voting Authority Distribution

Total shares with voting rights: 1.02M

Sole

Full voting authority

9.21K

% of voting shares0.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.01M

% of voting shares99.1%

Investment Discretion (by position count)

Sole102

Shared0

Other0

Dominant voting typeNone · 99.1% of voting shares

Institutional Holdings102

Rows:

ISHARES TR

SOLE

CORE S&P TTL STK

Shares80.41K

TypeSH

Market value$10.86M

11.15%

Sole

0.00

Shared

0.00

None

80.41K

ISHARES INC

SOLE

MSCI WORLD ETF

Shares46.19K

TypeSH

Market value$7.82M

8.04%

Sole

0.00

Shared

0.00

None

46.19K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares11.18K

TypeSH

Market value$6.91M

7.09%

Sole

56.00

Shared

0.00

None

11.12K

INVESCO EXCH TRADED FD TR II

SOLE

S&P500 LOW VOL

Shares66.54K

TypeSH

Market value$4.85M

4.98%

Sole

0.00

Shared

0.00

None

66.54K

SELECT SECTOR SPDR TR

SOLE

TECHNOLOGY

Shares18.54K

TypeSH

Market value$4.69M

4.82%

Sole

1.73K

Shared

0.00

None

16.81K

ONEOK INC NEW

SOLE

COM

Shares49.21K

TypeSH

Market value$4.02M

4.13%

Sole

0.00

Shared

0.00

None

49.21K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares4.42K

TypeSH

Market value$2.15M

2.20%

Sole

0.00

Shared

0.00

None

4.42K

SELECT SECTOR SPDR TR

SOLE

FINANCIAL

Shares36.47K

TypeSH

Market value$1.91M

1.96%

Sole

3.42K

Shared

0.00

None

33.04K

SELECT SECTOR SPDR TR

SOLE

COMMUNICATION

Shares16.36K

TypeSH

Market value$1.78M

1.82%

Sole

1.55K

Shared

0.00

None

14.81K

NVIDIA CORPORATION

SOLE

COM

Shares11.01K

TypeSH

Market value$1.74M

1.79%

Sole

0.00

Shared

0.00

None

11.01K

ISHARES TR

SOLE

U.S. TECH ETF

Shares8.96K

TypeSH

Market value$1.55M

1.60%

Sole

0.00

Shared

0.00

None

8.96K

WALMART INC

SOLE

COM

Shares15.69K

TypeSH

Market value$1.53M

1.58%

Sole

0.00

Shared

0.00

None

15.69K

INVESCO EXCH TRADED FD TR II

SOLE

NASDAQ 100 ETF

Shares6.55K

TypeSH

Market value$1.49M

1.53%

Sole

0.00

Shared

0.00

None

6.55K

SPDR SERIES TRUST

SOLE

S&P INS ETF

Shares24.65K

TypeSH

Market value$1.47M

1.51%

Sole

0.00

Shared

0.00

None

24.65K

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares14.52K

TypeSH

Market value$1.33M

1.37%

Sole

0.00

Shared

0.00

None

14.52K

SELECT SECTOR SPDR TR

SOLE

SBI INT-UTILS

Shares15.54K

TypeSH

Market value$1.27M

1.30%

Sole

357.00

Shared

0.00

None

15.19K

SELECT SECTOR SPDR TR

SOLE

SBI CONS STPLS

Shares15.43K

TypeSH

Market value$1.25M

1.28%

Sole

499.00

Shared

0.00

None

14.93K

ALPS ETF TR

SOLE

ALERIAN ENERGY

Shares33.44K

TypeSH

Market value$1.08M

1.11%

Sole

0.00

Shared

0.00

None

33.44K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares41.80K

TypeSH

Market value$996.2K

1.02%

Sole

0.00

Shared

0.00

None

41.80K

VANECK ETF TRUST

SOLE

ENERGY INCME ET

Shares9.87K

TypeSH

Market value$974.2K

1.00%

Sole

0.00

Shared

0.00

None

9.87K

SELECT SECTOR SPDR TR

SOLE

INDL

Shares6.58K

TypeSH

Market value$971.3K

1.00%

Sole

626.00

Shared

0.00

None

5.96K

FIRST TR EXCHANGE-TRADED FD

SOLE

NO AMER ENERGY

Shares25.82K

TypeSH

Market value$968.5K

0.99%

Sole

0.00

Shared

0.00

None

25.82K

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares32.82K

TypeSH

Market value$958.7K

0.98%

Sole

0.00

Shared

0.00

None

32.82K

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P500

Shares13.11K

TypeSH

Market value$953.0K

0.98%

Sole

0.00

Shared

0.00

None

13.11K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares1.51K

TypeSH

Market value$938.9K

0.96%

Sole

0.00

Shared

0.00

None

1.51K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P TTL STK	80.41K	SH	$10.86M 11.15%	0.00	80.41K
ISHARES INCSOLE	MSCI WORLD ETF	46.19K	SH	$7.82M 8.04%	0.00	46.19K
SPDR S&P 500 ETF TRSOLE	TR UNIT	11.18K	SH	$6.91M 7.09%	56.00	11.12K
INVESCO EXCH TRADED FD TR IISOLE	S&P500 LOW VOL	66.54K	SH	$4.85M 4.98%	0.00	66.54K
SELECT SECTOR SPDR TRSOLE	TECHNOLOGY	18.54K	SH	$4.69M 4.82%	1.73K	16.81K
ONEOK INC NEWSOLE	COM	49.21K	SH	$4.02M 4.13%	0.00	49.21K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	4.42K	SH	$2.15M 2.20%	0.00	4.42K
SELECT SECTOR SPDR TRSOLE	FINANCIAL	36.47K	SH	$1.91M 1.96%	3.42K	33.04K
SELECT SECTOR SPDR TRSOLE	COMMUNICATION	16.36K	SH	$1.78M 1.82%	1.55K	14.81K
NVIDIA CORPORATIONSOLE	COM	11.01K	SH	$1.74M 1.79%	0.00	11.01K
ISHARES TRSOLE	U.S. TECH ETF	8.96K	SH	$1.55M 1.60%	0.00	8.96K
WALMART INCSOLE	COM	15.69K	SH	$1.53M 1.58%	0.00	15.69K
INVESCO EXCH TRADED FD TR IISOLE	NASDAQ 100 ETF	6.55K	SH	$1.49M 1.53%	0.00	6.55K
SPDR SERIES TRUSTSOLE	S&P INS ETF	24.65K	SH	$1.47M 1.51%	0.00	24.65K
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	14.52K	SH	$1.33M 1.37%	0.00	14.52K
SELECT SECTOR SPDR TRSOLE	SBI INT-UTILS	15.54K	SH	$1.27M 1.30%	357.00	15.19K
SELECT SECTOR SPDR TRSOLE	SBI CONS STPLS	15.43K	SH	$1.25M 1.28%	499.00	14.93K
ALPS ETF TRSOLE	ALERIAN ENERGY	33.44K	SH	$1.08M 1.11%	0.00	33.44K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	41.80K	SH	$996.2K 1.02%	0.00	41.80K
VANECK ETF TRUSTSOLE	ENERGY INCME ET	9.87K	SH	$974.2K 1.00%	0.00	9.87K
SELECT SECTOR SPDR TRSOLE	INDL	6.58K	SH	$971.3K 1.00%	626.00	5.96K
FIRST TR EXCHANGE-TRADED FDSOLE	NO AMER ENERGY	25.82K	SH	$968.5K 0.99%	0.00	25.82K
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	32.82K	SH	$958.7K 0.98%	0.00	32.82K
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P500	13.11K	SH	$953.0K 0.98%	0.00	13.11K
ISHARES TRSOLE	CORE S&P500 ETF	1.51K	SH	$938.9K 0.96%	0.00	1.51K

Page 1 of 5

…