Fulcrum Equity Management

Portfolio Overview

Fulcrum Equity Management disclosed 144 positions worth $136.4M in its Form 13F-HR for Q2 2026 — $123.6M in common stock plus $12.8M of put/call option positions (reported at underlying notional value, not premium at risk), followed by $TSLA. During the quarter the fund opened 35 new positions and exited 20. The portfolio is most concentrated in Other (52.4% of disclosed assets). All figures are sourced directly from Fulcrum Equity Management’s Form 13F-HR filing with the SEC under CIK 1737888.

• ISHARES TR - CORE S&P TTL STK

  —

  Quality

  $12.3M74,778 sh
• 

  Tesla, Inc.

  $TSLA PUT

  50.1#1,478

  Quality

  $9.7M23,000 sh

• ISHARES INC - MSCI WORLD ETF

  —

  Quality

  $9.4M46,192 sh

• SELECT SECTOR SPDR TR - ST STR TECHN ETF

  —

  Quality

  $6.4M33,430 sh
• 

  ONEOK INC /NEW/

  $OKE

  72.0

  Quality

  $4.5M51,928 sh
• 

  NVIDIA CORP

  $NVDA

  90.2

  Quality

  $4.5M22,507 sh
• 

  Apple Inc.

  $AAPL

  76.1

  Quality

  $3.1M10,632 sh

• SPDR SERIES TRUST - ST STR P500ETF

  —

  Quality

  $2.5M28,313 sh

• SELECT SECTOR SPDR TR - ST STR FINL ETF

  —

  Quality

  $2.3M42,945 sh
• 

  Invesco Ltd.

  $IVZ

  —

  Quality

  $2.3M14,031 sh

Company	Quality	Value	Shares
ISHARES TR - CORE S&P TTL STK	—	$12.3M	74,778
Tesla, Inc.$TSLAPUT	50.1#1,478	$9.7M	23,000
ISHARES INC - MSCI WORLD ETF	—	$9.4M	46,192
SELECT SECTOR SPDR TR - ST STR TECHN ETF	—	$6.4M	33,430
ONEOK INC /NEW/$OKE	72.0	$4.5M	51,928
NVIDIA CORP$NVDA	90.2	$4.5M	22,507
Apple Inc.$AAPL	76.1	$3.1M	10,632
SPDR SERIES TRUST - ST STR P500ETF	—	$2.5M	28,313
SELECT SECTOR SPDR TR - ST STR FINL ETF	—	$2.3M	42,945
Invesco Ltd.$IVZ	—	$2.3M	14,031

Showing top 10 of 144 holdings.

Full Holdings — Fulcrum Equity Management (Q2 2026)

All 144 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR - CORE S&P TTL STK	$12.3M	9.9%	+0%	—
2	$TSLAPUT	Tesla, Inc.	$9.7M	—	+171%	50.1
3	—	ISHARES INC - MSCI WORLD ETF	$9.4M	7.6%	+0%	—
4	—	SELECT SECTOR SPDR TR - ST STR TECHN ETF	$6.4M	5.2%	-4%	—
5	$OKE	ONEOK INC /NEW/	$4.5M	3.6%	+1%	72
6	$NVDA	NVIDIA CORP	$4.5M	3.6%	-1%	90.2
7	$AAPL	Apple Inc.	$3.1M	2.5%	+2%	76.1
8	—	SPDR SERIES TRUST - ST STR P500ETF	$2.5M	2.0%	+51%	—
9	—	SELECT SECTOR SPDR TR - ST STR FINL ETF	$2.3M	1.9%	+52%	—
10	$IVZ	Invesco Ltd.	$2.3M	1.8%	+348%	—
11	$GOOG	Alphabet Inc.	$2.1M	1.7%	+2%	80.2
12	—	ISHARES TR - 20 YR TR BD ETF	$2.1M	—	+0%	—
13	$BRK.B	BERKSHIRE HATHAWAY INC	$2.0M	1.6%	+0%	64.5
14	—	SELECT SECTOR SPDR TR - ST STR INDL ETF	$1.9M	1.6%	+20%	—
15	$WMT	Walmart Inc.	$1.9M	1.6%	+0%	63.2
16	—	SELECT SECTOR SPDR TR - ST STR DISCR ETF	$1.6M	1.3%	+16%	—
17	$AMZN	AMAZON COM INC	$1.5M	1.3%	-5%	74.6
18	—	SCHWAB STRATEGIC TR - US DIVIDEND EQ	$1.5M	1.2%	-39%	—
19	$MSFT	MICROSOFT CORP	$1.5M	1.2%	+18%	83.7
20	—	SELECT SECTOR SPDR TR - ST STR SVC ETF	$1.4M	1.2%	-16%	—
21	$ASML	ASML HOLDING NV	$1.4M	1.1%	+5%	—
22	$AVGO	Broadcom Inc.	$1.4M	1.1%	+17%	86.4
23	—	SELECT SECTOR SPDR TR - ST STR CARE ETF	$1.2M	1.0%	-20%	—
24	$JPM	JPMORGAN CHASE & CO	$1.2M	1.0%	+0%	35.6
25	—	ROUNDHILL ETF TRUST - MEMORY ETF	$1.2M	1.0%	NEW	—
26	$GEV	GE Vernova Inc.	$1.2M	1.0%	+4%	70.1
27	—	SCHWAB STRATEGIC TR - US BRD MKT ETF	$1.1M	0.9%	+41%	—
28	$AMD	ADVANCED MICRO DEVICES INC	$1.1M	0.9%	+65%	78.8
29	$TSLA	Tesla, Inc.	$1.1M	0.9%	-0%	50.1
30	$NBIS	Nebius Group N.V.	$1.1M	0.9%	+43%	—
31	—	SPDR SERIES TRUST - ST STR BLO 1 ETF	$1.1M	0.9%	+38%	—
32	$LLY	ELI LILLY & Co	$1.0M	0.8%	-9%	89.3
33	—	SELECT SECTOR SPDR TR - ST STR ENERG ETF	$973,559	0.8%	-37%	—
34	—	ISHARES TR - CORE UNIVRSL USD	$966,740	0.8%	+79%	—
35	—	ISHARES TR - S&P 500 GRWT ETF	$936,126	0.8%	+9%	—
36	—	SPDR SERIES TRUST - ST STR RATE ETF	$920,441	0.7%	NEW	—
37	$IVZ	Invesco Ltd.	$919,651	0.7%	+34%	—
38	—	BLACKROCK ETF TRUST - ISHARES US EQUIT	$915,129	0.7%	+1%	—
39	$AMAT	APPLIED MATERIALS INC /DE	$868,332	0.7%	-0%	74.8
40	—	ARK ETF TR - GENOMIC REV ETF	$841,200	—	+0%	—
41	$TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$820,943	0.7%	+49%	—
42	$META	Meta Platforms, Inc.	$785,286	0.6%	-7%	80.9
43	$LOW	LOWES COMPANIES INC	$785,205	0.6%	+0%	63.5
44	—	ISHARES TR - S&P 500 VAL ETF	$775,415	0.6%	-16%	—
45	$LRCX	LAM RESEARCH CORP	$728,452	0.6%	-5%	82.4
46	—	ISHARES TR - MSCI ACWI EX US	$708,779	0.6%	+23%	—
47	$GS	GOLDMAN SACHS GROUP INC	$699,229	0.6%	-2%	—
48	$APH	AMPHENOL CORP /DE/	$676,074	0.6%	-17%	80.5
49	—	SCHWAB STRATEGIC TR - US LCAP GR ETF	$659,822	0.5%	+130%	—
50	—	VANECK ETF TRUST - CLO ETF	$655,680	0.5%	NEW	—
51	—	BLACKROCK ETF TRUST - ISHA IN CTRY ETF	$643,757	0.5%	+1%	—
52	$AAOI	APPLIED OPTOELECTRONICS, INC.	$623,161	0.5%	NEW	40.6
53	—	ISHARES TR - U.S. TECH ETF	$605,326	0.5%	+24%	—
54	$MU	MICRON TECHNOLOGY INC	$601,385	0.5%	NEW	88.4
55	—	SELECT SECTOR SPDR TR - ST STR UTIL ETF	$598,413	0.5%	-25%	—
56	$XOM	EXXON MOBIL CORP	$591,469	0.5%	-2%	61.8
57	—	VANECK ETF TRUST - RARE EAR STR ETF	$585,782	0.5%	-7%	—
58	$COST	COSTCO WHOLESALE CORP /NEW	$552,045	0.5%	-3%	67
59	—	MANAGED PORTFOLIO SER - KENS CR OPPO ETF	$543,880	0.4%	-6%	—
60	—	FIRST TR EXCHANGE TRADED FD - NASDQ SEMCNDTR	$542,309	0.4%	-18%	—
61	$AHR	American Healthcare REIT, Inc.	$516,754	0.4%	+0%	63.7
62	$DUK	Duke Energy CORP	$506,063	0.4%	+1%	64
63	$IVZ	Invesco Ltd.	$500,394	0.4%	NEW	—
64	$SLV	iShares Silver Trust	$495,400	0.4%	-1%	—
65	$IVZ	Invesco Ltd.	$494,126	0.4%	-17%	—
66	$SIVR	abrdn Silver ETF Trust	$489,114	0.4%	+0%	—
67	$ASTS	AST SpaceMobile, Inc.	$482,510	0.4%	+33%	29.6
68	—	TIDAL TRUST I - FUND GRAN US ETF	$482,465	0.4%	+47%	—
69	$PLTR	Palantir Technologies Inc.	$481,730	0.4%	+84%	85.8
70	—	SCHWAB STRATEGIC TR - US AGGREGATE B	$473,113	0.4%	+12%	—
71	—	BLACKROCK ETF TRUST - ISHA I IN TE ETF	$456,629	0.4%	-25%	—
72	—	FIRST TR EXCHANGE TRADED FD - RBA INDL ETF	$449,985	0.4%	NEW	—
73	$GLTR	abrdn Precious Metals Basket ETF Trust	$439,289	0.4%	+0%	—
74	—	INVESCO EXCHANGE TRADED FD T - NEXT GEN CON ETF	$435,102	0.3%	+8%	—
75	—	INVESCO EXCH TRADED FD TR II - S&P SMLCP INFO	$434,885	0.3%	+30%	—
76	$GE	GENERAL ELECTRIC CO	$432,059	0.3%	-6%	74.8
77	$PANW	Palo Alto Networks Inc	$416,726	0.3%	NEW	66.5
78	$MRVL	Marvell Technology, Inc.	$413,769	0.3%	-32%	77.3
79	—	ISHARES TR - US TREAS BD ETF	$409,897	0.3%	+12%	—
80	$LQDA	Liquidia Corp	$399,049	0.3%	NEW	37.4
81	—	MANAGED PORTFOLIO SER - KENS HE PREM ETF	$392,660	0.3%	-16%	—
82	$JCI	Johnson Controls International plc	$388,945	0.3%	-1%	—
83	$V	VISA INC.	$388,092	0.3%	+2%	83.5
84	$RY	ROYAL BANK OF CANADA	$383,929	0.3%	+0%	—
85	—	SPDR SERIES TRUST - SP KENSHO FINAL	$360,970	0.3%	+3%	—
86	—	BLACKROCK ETF TRUST - ISHA LA CORE ETF	$353,071	0.3%	+6%	—
87	—	INVESCO EXCHANGE TRADED FD T - S&P SPIN OFF	$348,558	0.3%	+13%	—
88	$DELL	Dell Technologies Inc.	$346,101	0.3%	NEW	76
89	$IAU	ISHARES GOLD TRUST	$344,326	0.3%	+0%	—
90	—	BONDBLOXX ETF TRUST - BLOOMBERG TEN YR	$344,163	0.3%	-35%	—
91	$GOOGL	Alphabet Inc.	$343,151	0.3%	NEW	80.2
92	—	ISHARES TR - MSCI USA VALUE	$342,275	0.3%	NEW	—
93	$ANET	Arista Networks, Inc.	$338,741	0.3%	+1%	86
94	—	NEOS ETF TRUST - NASDAQ 100 HIGH	$337,821	0.3%	NEW	—
95	—	SELECT SECTOR SPDR TR - ST STR MATER ETF	$330,039	0.3%	-42%	—
96	$GLD	SPDR GOLD TRUST	$329,700	0.3%	+0%	—
97	—	ISHARES TR - MBS ETF	$328,059	0.3%	+12%	—
98	—	FIDELITY COVINGTON TRUST - MSCI INFO TECH I	$327,579	0.3%	NEW	—
99	$ABBV	AbbVie Inc.	$322,799	0.3%	-5%	59.3
100	$INTC	INTEL CORP	$321,847	0.3%	NEW	41.5
101	$HSBC	HSBC HOLDINGS PLC	$318,742	0.3%	+0%	—
102	$IVZ	Invesco Ltd.	$317,526	0.3%	NEW	—
103	—	GLOBAL X FDS - DEFENSE TECH ETF	$317,394	0.3%	+28%	—
104	$TSEM	TOWER SEMICONDUCTOR LTD	$312,768	0.3%	NEW	—
105	$DASH	DoorDash, Inc.	$308,903	0.3%	+9%	70.6
106	$KO	COCA COLA CO	$306,941	0.3%	-3%	74
107	$ALKT	ALKAMI TECHNOLOGY, INC.	$305,322	0.3%	+0%	46.1
108	$ORCL	ORACLE CORP	$302,640	0.2%	+17%	67.2
109	—	TIDAL TRUST III - FUND GRA MID ETF	$302,233	0.2%	NEW	—
110	—	SPDR SERIES TRUST - ST STR SP TELCO	$300,877	0.2%	-2%	—
111	—	BLACKROCK ETF TRUST - ISHA SYST AL ETF	$299,345	0.2%	NEW	—
112	$SPY	SPDR S&P 500 ETF TRUST	$297,105	0.2%	NEW	—
113	—	NEOS ETF TRUST - NEOS S&P 500 HI	$292,992	0.2%	NEW	—
114	$SAN	Banco Santander, S.A.	$288,323	0.2%	+0%	—
115	$NVS	NOVARTIS AG	$282,880	0.2%	+0%	—
116	$PWR	QUANTA SERVICES, INC.	$275,778	0.2%	NEW	62.6
117	$RKLB	Rocket Lab Corp	$270,897	0.2%	NEW	37.2
118	$CSCO	CISCO SYSTEMS, INC.	$269,715	0.2%	NEW	72.3
119	$EME	EMCOR Group, Inc.	$265,569	0.2%	-3%	71.7
120	$ALPS	Alps Group Inc	$263,395	0.2%	NEW	—
121	$ENB	ENBRIDGE INC	$260,750	0.2%	+0%	—
122	$TTE	TotalEnergies SE	$259,952	0.2%	+0%	—
123	—	BLACKROCK ETF TRUST - ISHA US THEM ETF	$255,499	0.2%	-40%	—
124	—	AMERICAN CENTY ETF TR - AVANTIS EMGMKT	$254,556	0.2%	-45%	—
125	—	FIRST TR EXCHANGE-TRADED ALP - SML CP GRW ALP	$249,459	0.2%	NEW	—
126	—	FIRST TR EXCHANGE-TRADED ALP - COM SHS	$246,892	0.2%	NEW	—
127	—	VANGUARD WELLINGTON FD - US MOMENTUM	$244,520	0.2%	NEW	—
128	$NEM	NEWMONT Corp /DE/	$242,747	0.2%	+30%	88.3
129	$CM	CANADIAN IMPERIAL BANK OF COMMERCE /CAN/	$242,535	0.2%	NEW	—
130	$CHT	CHUNGHWA TELECOM CO LTD	$237,853	0.2%	+0%	—
131	$PM	Philip Morris International Inc.	$227,042	0.2%	+0%	80.5
132	$C	CITIGROUP INC	$225,476	0.2%	NEW	54.8
133	$TSLACALL	Tesla, Inc.	$210,300	—	-90%	50.1
134	$STT	STATE STREET CORP	$209,715	0.2%	NEW	61.5
135	$ENTG	ENTEGRIS INC	$208,098	0.2%	NEW	57.7
136	$VZ	VERIZON COMMUNICATIONS INC	$207,085	0.2%	-2%	71.6
137	$ADI	ANALOG DEVICES INC	$206,926	0.2%	NEW	76.2
138	$BN	BROOKFIELD Corp /ON/	$206,476	0.2%	NEW	—
139	$MA	Mastercard Inc	$203,411	0.2%	-7%	81.7
140	$KLAC	KLA CORP	$203,367	0.2%	NEW	84.4
141	$HWM	Howmet Aerospace Inc.	$203,264	0.2%	NEW	79.1
142	—	BLACKROCK ETF TRUST II - ISHA GLO USD ETF	$202,166	0.2%	NEW	—
143	$RTX	RTX Corp	$200,355	0.2%	+0%	70
144	—	ISHARES TR - 20 YR TR BD ETF	$18,932	0.0%	NEW	—