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Fulcrum Asset Management LLP: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1353395) · Explore on the interactive board

Fulcrum Asset Management LLP disclosed 1027 US equity positions worth $1.0bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 18, 2026). Its largest position is NVDA at 4.5% of the reported book, followed by AAPL, MU. The top ten holdings are 22.1% of the book, and the portfolio behaves like about 107 equal-weight positions. Versus the prior filing it opened 835 new positions, added to 56, reduced 91 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$1.0bnreported US equity book
1027positions
4.5%largest position
22.1%top 10 weight
107.25effective positions (1/HHI)
2quarters on file since Q1 2026

What does Fulcrum Asset Management LLP own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 835 new, 56 added, 91 reduced, 25 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 NVDA NVIDIA CORP Technology 4.5%$45.3m232,336 -22% reduced
2 AAPL APPLE INC Technology 3.3%$33.0m117,131 new
3 MU MICRON TECHNOLOGY INC COMP Technology 2.4%$23.7m20,696 -4% reduced
4 AMZN AMAZON.COM INC COMP Consumer Cyclical 2.0%$20.4m84,971 -20% reduced
5 MSFT MICROSOFT CORP COMP Technology 1.8%$17.9m48,559 -31% reduced
6 WMT WALMART INC Consumer Defensive 1.8%$17.8m155,672 new
7 CAH CARDINAL HEALTH INC COMP Healthcare 1.7%$16.6m70,116 new
8 AVGO BROADCOM INC COMP Technology 1.6%$15.9m42,754 -41% reduced
9 GOOG ALPHABET IN-CL C Communication Services 1.6%$15.7m44,571 -30% reduced
10 MCK MCKESSON CORP Healthcare 1.5%$15.5m20,716 new
11 META META PLATFORMS INC Communication Services 1.5%$15.3m27,270 new
12 COR CENCORA INC COMP Healthcare 1.5%$14.6m51,748 new
13 IMCR IMMUNOCORE HOLDINGS PLC-ADR COMP Healthcare 1.4%$14.3m470,025 new
14 GOOGL ALPHABET INC-CL A Communication Services 1.3%$13.3m37,652 -25% reduced
15 LLY ELI LILLY & CO COMP Healthcare 1.1%$10.7m8,675 new
16 COST COSTCO WHOLESALE CORP Consumer Defensive 1.0%$10.2m10,779 new
17 PWR QUANTA SERVICES INC COMP Industrials 1.0%$9.9m13,896 new
18 TSLA TESLA INC COMP Consumer Cyclical 1.0%$9.8m23,815 new
19 GEV GE VERNOVA INC COMP Industrials 0.9%$9.5m8,624 new
20 FTNT FORTINET INC COMP Technology 0.9%$8.8m56,540 new
21 APH AMPHENOL CORP-CL A COMP Technology 0.8%$7.5m45,241 -15% reduced
22 EXMOC EXXON MOBIL CORP COMP 0.7%$7.4m54,371 new
23 SLB SLB LTD Energy 0.7%$7.4m159,459 -53% reduced
24 CAT CATERPILLAR INC Industrials 0.7%$7.4m7,158 new
25 KR KROGER CO COMP Consumer Defensive 0.7%$7.2m128,703 new
26 HWM HOWMET AEROSPACE INC COMP Industrials 0.7%$7.1m26,546 new
27 WWD WOODWARD INC COMP Industrials 0.7%$6.9m16,194 new
28 ANET ARISTA NETWORKS INC COMP Technology 0.7%$6.9m41,760 new
29 MNST MONSTER BEVERAGE CORP COMP Consumer Defensive 0.7%$6.5m66,932 new
30 RSG REPUBLIC SERVICES INC Industrials 0.6%$6.4m29,873 -50% reduced
31 JPMORGAN CHASE & CO 0.6%$6.4m448,500,000 new
32 AXP AMERICAN EXPRESS CO Financial Services 0.6%$6.3m18,607 new
33 AMD ADVANCED MICRO DEVICES COMP Technology 0.6%$6.2m11,489 -15% reduced
34 BKR BAKER HUGHES CO COMP Energy 0.6%$6.0m106,609 21% added
35 ABT ABBOTT LABORATORIES COMP Healthcare 0.6%$5.9m63,409 new
36 TSM TAIWAN SEMICONDUCTOR-SP ADR COMP Technology 0.6%$5.9m12,902 new
37 MS MORGAN STANLEY COMP Financial Services 0.6%$5.7m27,158 53% added
38 CTVA CORTEVA INC COMP Basic Materials 0.6%$5.7m68,091 140% added
39 AJG ARTHUR J GALLAGHER & CO COMP Financial Services 0.6%$5.6m24,583 225% added
40 CVX CHEVRON CORP COMP Energy 0.6%$5.6m32,955 55% added
41 PLD PROLOGIS INC Real Estate 0.5%$5.4m38,983 585% added
42 NEE NEXTERA ENERGY INC COMP Utilities 0.5%$5.4m60,762 -58% reduced
43 JNJ JOHNSON & JOHNSON Healthcare 0.5%$5.4m20,815 -9% reduced
44 VRT VERTIV HOLDINGS CO COMP Industrials 0.5%$5.3m17,377 new
45 SHOP SHOPIFY INC - CLASS A COMP Technology 0.5%$5.3m46,316 new
46 TRV TRAVELERS COS INC/THE Financial Services 0.5%$5.1m15,488 new
47 IBKR INTERACTIVE BROKERS GRO-CL A COMP Financial Services 0.5%$5.1m58,186 -16% reduced
48 BAC BANK OF AMERICA CORP Financial Services 0.5%$5.1m87,717 57% added
49 OKTA OKTA INC COMP Technology 0.5%$5.0m37,982 1695% added
50 CMG CHIPOTLE MEXICAN GRILL INC COMP Consumer Cyclical 0.5%$5.0m150,823 132% added

What did Fulcrum Asset Management LLP sell? Positions exited since the previous filing

StockPrior weightPrior value
TRANE TECHNOLOGIES PLC COMP22.6%$11.3m
FTI TECHNIPFMC PLC COMP14.6%$7.3m
TRAVELERS COS INC/THE11.2%$5.6m
NBR NABORS INDUSTRIES LTD COMP8.7%$4.3m
RGLD ROYAL GOLD INC COMP8.4%$4.2m
OSK OSHKOSH CORP COMP8.4%$4.2m
AA ALCOA CORP COMP8.3%$4.2m
LHX L3HARRIS TECHNOLOGIES INC COMP3.0%$1.5m
AEP AMERICAN ELECTRIC POWER COMP2.0%$1.0m
EQX EQUINOX GOLD CORP COMP2.0%$1.0m
CRK COMSTOCK RESOURCES INC COMP2.0%$1.0m
AEE AMEREN CORPORATION COMP1.8%$875.2k
AVAV AEROVIRONMENT INC COMP1.5%$749.3k
CVI CVR ENERGY INC COMP1.2%$618.2k
OGE OGE ENERGY CORP COMP1.1%$569.3k
VALE SA-SP ADR COMP0.9%$437.6k
FORTINET INC COMP0.6%$296.4k
LIN LINDE PLC COMP0.5%$273.6k
EQNR EQUINOR ASA0.4%$215.6k
T86 TRI POINTE GROUP INC0.1%$61.1k
INSW INTERNATIONAL SEAWAYS INC COMP0.1%$58.3k
TNK TEEKAY TANKERS LTD-CLASS A COMP0.1%$51.9k
DHT DHT HOLDINGS INC COMP0.1%$48.8k
STNG SCORPIO TANKERS INC COMP0.1%$29.8k
TRMD TORM PLC0.1%$28.3k

Sector mix

SectorWeight
Technology25.5%
Industrials16.2%
Healthcare11.3%
Consumer Cyclical9.4%
Financial Services8.8%
Energy8.4%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 20261037$1.0bn
Q1 2026220$661.8m

How concentrated is Fulcrum Asset Management LLP's portfolio?

Across every quarter Fulcrum Asset Management LLP has filed, its median largest position is 6.0% of the book and its median top-ten weight is 28.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 27.0 completed holding spells, the median lasted 1.0 quarters; 1027.0 positions are still open and their final length is unknown.