Fund Holdings

Fulcrum Asset Management LLP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
DARLING INGREDIENTS INC(DAR)0365,718+365,718022,078,3963.34%+22,078,396
HALLIBURTON CO COMP(HAL)0511,950+511,950020,099,1573.04%+20,099,157
SLB LTD(SLB)76,845337,698+260,8532,962,37517,401,5782.63%+14,439,203
WASTE MANAGEMENT INC(WM)15,13971,009+55,8703,362,67516,329,2302.47%+12,966,555
LIBERTY ENERGY -A COMP(LBRT)0427,054+427,054012,324,7781.86%+12,324,778
PROPETRO HOLDING CORP COMP(PUMP)0827,700+827,700012,125,8051.83%+12,125,805
TRANE TECHNOLOGIES PLC COMP(TT)027,854+27,854011,251,0661.70%+11,251,066
PATTERSON-UTI ENERGY INC COMP(PTEN)0940,736+940,736010,395,1331.57%+10,395,133
CACTUS INC - A COMP(WHD)0222,480+222,480010,389,8161.57%+10,389,816
CF INDUSTRIES HOLDINGS INC(CF)073,201+73,201010,072,4581.52%+10,072,458
HELMERICH & PAYNE COMP(HP)0272,480+272,48009,765,6831.48%+9,765,683
DEVON ENERGY CORP COMP(DVN)0181,714+181,71409,361,9051.41%+9,361,905
GREEN PLAINS INC(GPRE)0544,756+544,75609,004,8171.36%+9,004,817
NEXTERA ENERGY INC COMP(NEE)63,517145,168+81,6515,115,02413,362,7142.02%+8,247,690
NVIDIA CORP(NVDA)218,004297,019+79,01540,884,47049,058,6287.41%+8,174,158
NOV INC COMP(NOV)0436,176+436,17608,095,4271.22%+8,095,427
PBF ENERGY INC-CLASS A COMP(PBF)0152,598+152,59807,674,1531.16%+7,674,153
TECHNIPFMC PLC COMP(FTI)0107,502+107,50207,266,0601.10%+7,266,060
REPUBLIC SERVICES INC(RSG)28,76359,921+31,1586,175,12913,283,2872.01%+7,108,158
NUTRIEN LTD(NTR)5,88091,990+86,110367,3827,041,8351.06%+6,674,453
HF SINCLAIR CORP COMP(DINO)095,270+95,27006,006,7740.91%+6,006,774
TRAVELERS COS INC/THE019,028+19,02805,552,7510.84%+5,552,751
PHILLIPS 66 COMP(PSX)027,667+27,66705,113,1380.77%+5,113,138
AGNICO EAGLE MINES LTD COMP(AEM)5,35028,512+23,162919,3445,470,3120.83%+4,550,968
CHEVRON CORP COMP(CVX)021,286+21,28604,485,1730.68%+4,485,173
AMPHENOL CORP-CL A COMP14,57453,150+38,5761,984,9796,332,8230.96%+4,347,844
NABORS INDUSTRIES LTD COMP(NBR)049,420+49,42004,320,7910.65%+4,320,791
KINROSS GOLD CORP COMP(KGC)26,970175,316+148,346771,6125,014,0380.76%+4,242,426
MARATHON PETROLEUM CORP COMP(MPC)017,110+17,11004,194,6880.63%+4,194,688
ROYAL GOLD INC COMP(RGLD)017,519+17,51904,182,8360.63%+4,182,836
OSHKOSH CORP COMP(OSK)030,326+30,32604,174,0710.63%+4,174,071
ALCOA CORP COMP(AA)065,662+65,66204,151,1520.63%+4,151,152
RPC INC COMP(RES)0552,228+552,22803,948,4300.60%+3,948,430
WASTE CONNECTIONS INC(WCN)23,43848,511+25,0734,110,7587,879,0581.19%+3,768,300
PEABODY ENERGY CORP COMP(BTU)0102,484+102,48403,656,6290.55%+3,656,629
ALPHABET IN-CL C(GOOG)43,86763,509+19,64213,798,36517,346,8482.62%+3,548,483
VALERO ENERGY CORP COMP(VLO)013,012+13,01203,256,5130.49%+3,256,513
CLEAN HARBORS INC(CLH)6,56915,555+8,9861,561,9774,351,6670.66%+2,789,690
BROADCOM INC COMP(AVGO)52,52671,950+19,42418,376,22121,110,8503.19%+2,734,629
NOW INC COMP(DNOW)0231,120+231,12002,685,6140.41%+2,685,614
ALAMOS GOLD INC-CLASS A COMP059,392+59,39202,641,4090.40%+2,641,409
IAMGOLD CORP COMP(IAG)20,066155,506+135,440336,1062,721,3550.41%+2,385,249
WARRIOR MET COAL INC COMP(HCC)022,510+22,51002,120,8920.32%+2,120,892
TIDEWATER INC COMP(TDW)34,74047,198+12,4581,763,0553,865,0440.58%+2,101,989
CORTEVA INC COMP(CTVA)7,25528,342+21,087488,7692,350,9690.36%+1,862,200
LAM RESEARCH CORP COMP(LRCX)6,99615,104+8,1081,215,7653,019,7430.46%+1,803,978
AMAZON.COM INC COMP(AMZN)84,275106,427+22,15219,596,46621,386,5063.23%+1,790,040
DELEK US HOLDINGS INC COMP(DK)033,720+33,72001,542,0160.23%+1,542,016
L3HARRIS TECHNOLOGIES INC COMP(LHX)04,362+4,36201,482,7750.22%+1,482,775
LOWE'S COS INC(LOW)2,9559,010+6,055718,5972,095,5460.32%+1,376,949
TALOS ENERGY INC COMP(TALO)075,274+75,27401,228,4720.19%+1,228,472
JOHNSON & JOHNSON(JNJ)21,17922,876+1,6974,382,1475,547,2010.84%+1,165,054
MOSAIC CO/THE COMP(MOS)3,52946,051+42,52285,2251,151,2750.17%+1,066,050
ALPHA METALLURGICAL RESOURCE COMP04,856+4,85601,040,3490.16%+1,040,349
EQUINOX GOLD CORP COMP(EQX)069,682+69,68201,005,9760.15%+1,005,976
COMSTOCK RESOURCES INC COMP(CRK)045,814+45,81401,002,4100.15%+1,002,410
NISOURCE INC COMP(NI)020,856+20,8560969,8040.15%+969,804
ATMOS ENERGY CORP COMP(ATO)04,914+4,9140909,1880.14%+909,188
APPLIED MATERIALS INC COMP12,62212,860+2383,281,3414,155,3230.63%+873,982
AEROVIRONMENT INC COMP04,234+4,2340749,2910.11%+749,291
CVR ENERGY INC COMP(CVI)017,692+17,6920618,1580.09%+618,158
OGE ENERGY CORP COMP(OGE)011,888+11,8880569,3160.09%+569,316
TARGA RESOURCES CORP COMP(TRGP)8,6738,67301,610,0562,151,6850.33%+541,629
XCEL ENERGY INC COMP(XEL)06,638+6,6380525,4970.08%+525,497
PLANET FITNESS INC - CL A COMP(PLNT)06,916+6,9160509,9170.08%+509,917
PULTEGROUP INC COMP(PHM)1,4165,523+4,107167,272628,0760.09%+460,804
VALE SA-SP ADR COMP028,982+28,9820437,6280.07%+437,628
DR HORTON INC(DHI)12,93217,218+4,2861,881,9942,281,9020.34%+399,908
MERCK & CO. INC. COMP(MRK)22,72623,792+1,0662,410,3202,809,8350.42%+399,515
PEPSICO INC(PEP)14,46615,817+1,3512,085,4192,480,4220.37%+395,003
OCEANEERING INTL INC COMP(OII)38,88238,817-65945,2211,337,6340.20%+392,413
CHIPOTLE MEXICAN GRILL INC COMP(CMG)44,06064,909+20,8491,631,9822,022,5640.31%+390,582
ONEOK INC COMP(OKE)19,32519,445+1201,426,5721,807,6070.27%+381,035
HOME DEPOT INC COMP(HD)0976+9760315,7360.05%+315,736
LENNAR CORP-A(LEN)11,79018,009+6,2191,224,8631,528,6040.23%+303,741
SEMPRA ENERGY COMP(SRE)22,52923,917+1,3882,007,1092,309,9040.35%+302,795
FORTINET INC COMP03,749+3,7490296,3580.04%+296,358
LINDE PLC COMP(LIN)0548+5480273,5940.04%+273,594
VERIZON COMMUNICATIONS INC COMP(VZ)22,58923,456+867919,3721,179,8370.18%+260,465
INTERACTIVE BROKERS GRO-CL A COMP(IBKR)64,13769,413+5,2764,168,9054,420,9140.67%+252,009
WILLIAMS COS INC COMP(WMB)18,63918,63901,121,3221,350,7680.20%+229,446
EVERSOURCE ENERGY COMP(ES)63,33665,726+2,3904,278,3474,496,3160.68%+217,969
EQUINOR ASA(EQNR)04,972+4,9720215,6090.03%+215,609
ANTERO MIDSTREAM CORP COMP(AM)40,11240,1120716,400927,3890.14%+210,989
AMETEK INC COMP20,70321,485+7824,286,1424,476,8290.68%+190,687
AMERICAN WATER WORKS CO INC COMP21,13121,265+1342,770,9082,952,0070.45%+181,099
KINDER MORGAN INC COMP(KMI)29,15129,1510803,985980,9310.15%+176,946
AT&T INC COMP(T)35,91136,586+675890,9521,052,9450.16%+161,993
CAMECO CORP COMP(CCJ)9,3799,3790858,8391,017,5670.15%+158,728
ENBRIDGE INC COMP(ENB)25,17425,17401,209,6111,367,7030.21%+158,092
WEX INC COMP(WEX)13,65814,305+6472,066,3192,194,1010.33%+127,782
ENTERPRISE PRODUCTS PARTNERS COMP(EPD)16,73316,859+126537,297658,8500.10%+121,553
BRISTOL-MYERS SQUIBB CO(BMY)11,01011,979+969596,852715,5060.11%+118,654
NEXGEN ENERGY LTD COMP(NXE)48,77148,7710448,091565,6560.09%+117,565
KLA CORP COMP(KLAC)711718+7884,235992,6920.15%+108,457
TJX COMPANIES INC(TJX)16,40917,023+6142,549,1382,652,0130.40%+102,875
PLAINS ALL AMER PIPELINE LP COMP(PAA)22,28222,2820398,179500,6770.08%+102,498
BAKER HUGHES CO COMP(BKR)113,78687,946-25,8405,244,3975,336,5630.81%+92,166
CME GROUP INC COMP(CME)1,7911,949+158494,012579,9830.09%+85,971
MPLX LP COMP(MPLX)16,05216,0520861,029925,7190.14%+64,690
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