Fulcrum Equity Management

Q3 2025 13F-HR Holdings

Location
Plano, TX
Holdings as of
9/30/2025
Date filed
1/6/2026
Form type
13F-HR
Num holdings
94
Total value ($000)
$98,728
Net value change ($000)
+1,360 (1.4%)
New positions
25
Sold out positions
33
Turnover %
33.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/25/2025 Next filing: 1/6/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SPY 2,066 29.9%
XLK 1,256 26.8%
PKB 1,038 NEW
IYW 998 64.3%
ITA 953 NEW
PPA 952 NEW
ROKT 950 NEW
AIRR 937 NEW
XTL 933 NEW
XLY 885 104.4%
Top Reduces (Value $000, Stocks/ETFs)
SPLV -4,845 -100.0%
KIE -1,473 -100.0%
XLP -1,250 -100.0%
BIL -1,118 -83.9%
ENFR -1,078 -100.0%
EINC -974 -100.0%
EMLP -968 -100.0%
FXU -930 -100.0%
MLPX -875 -100.0%
IAK -854 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type