Bulwark Capital Corp

CIK 2075899 · View on SEC EDGAR ↗

Portfolio value
$177.7M
#6,860 of 9,443 by 13F value · top 72.6%
Positions
105
As of
June 30, 2026

Portfolio value QoQ: +9.5% 13F does not disclose cash

Top 10 holdings weight
60.04%
Top 25 holdings weight
87.38%
Positions above 1%
24
Effective number of positions
20.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 5.79% Est. buys $20,565,471 · sells $9,839,792

Median holding: 5.0 quarters Tracked Q2 2025–Q2 2026 · 91.3% still held

New positions
8
Increased
26
Decreased
26
Closed
3
On this page

Sector breakdown

Technology
0.5%
Consumer Staples
0.1%
Real Estate
0.0%
Industrials
0.0%
Materials
0.0%
Consumer Discretionary
0.0%
Telecommunication
0.0%
Retail
0.0%
Communication Services
0.0%
Financials
0.0%
Healthcare
0.0%
Energy
0.0%
Other/Unmapped
99.3%

Full portfolio 105 positions

Type Streak 8Q trend
PULS $19,159,845 10.78% 386,677 $3,226,785 Up ×4
VTI $18,949,378 10.66% 51,209 $2,558,233 Up ×4
IVV $12,226,378 6.88% 16,326 $1,832,500 Up ×4
JPLD $10,275,533 5.78% 196,887 $-2,052,476 Down ×1
SCHR $8,894,344 5.01% 360,679 $-95,824 Down ×1
SCHP $8,857,837 4.99% 334,258 $1,033,273 Up ×4
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares $8,489,523 4.78% 169,013 $-152,127 Down ×2
VGT $6,978,056 3.93% 58,384 $1,886,095 Up ×1
UYLD Angel Oak UltraShort Income ETF $6,524,407 3.67% 127,917 $-1,703,711 Down ×1
SGOV iShares 0-3 Month Treasury Bond ETF $6,331,841 3.56% 62,897 $-711,843 Down ×1
CLOA iShares AAA CLO Active ETF $5,116,613 2.88% 98,567 $1,452,137 Up ×4
CGDV $4,926,916 2.77% 99,978 $640,671 Down ×2
JAAA $4,767,670 2.68% 94,428 $261,167 Up ×2
XHLF $4,761,448 2.68% 94,661 $-440,610 Down ×1
IUSG iShares Core S&P U.S. Growth ETF $3,920,736 2.21% 20,845 $750,443 Up ×2
XLG $3,914,863 2.20% 63,937 $1,267,279 Up ×1
ICSH $3,381,931 1.90% 66,863 $2,053,409 Up ×2
VMBS Vanguard Mortgage-Backed Securities ETF $2,961,809 1.67% 63,273 $-97,359 Down ×2
CGCV $2,753,073 1.55% 83,884 $372,148 Up ×1
QQQ Invesco QQQ Trust, Series 1 $2,608,329 1.47% 3,542 $598,011 Up ×1
TBLL $2,255,397 1.27% 21,364 $427
FNDX $1,989,187 1.12% 63,961 $192,556 Down ×4
JMBS $1,887,825 1.06% 41,961 $57,764 Up ×3
CGXU $1,789,196 1.01% 51,681 $423,603 Up ×4
VIG $1,534,481 0.86% 6,485 $-1,019,787 Down ×4
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $1,392,376 0.78% 26,567 Up ×1
XONE $1,324,301 0.75% 26,824 $73,822 Up ×1
SCHG $1,271,403 0.72% 37,571 $117,942 Down ×1
EMXC iShares MSCI Emerging Markets ex China ETF $1,119,264 0.63% 10,941 $299,705 Up ×4
FNDF $987,878 0.56% 18,724 $78,905 Up ×1
VCR $969,711 0.55% 2,445 $91,883
FLOT $957,545 0.54% 18,757
DGRW WisdomTree U.S. Quality Dividend Growth Fund $941,475 0.53% 9,846 $34,703 Down ×4
VYM $866,162 0.49% 5,481 $54,426
ACWV $863,492 0.49% 7,182 $282,912 Up ×1
VBIL Vanguard 0-3 Month Treasury Bill ETF $816,966 0.46% 10,795 Up ×1
QQQM Invesco NASDAQ 100 ETF $784,871 0.44% 2,591 $416,658 Up ×4
DEXC $736,980 0.41% 8,921 $148,181 Down ×1
XLF XLF $733,385 0.41% 13,680 $58,003
SPSB $687,169 0.39% 22,898 $189,300 Up ×1
AAPL Apple Inc. - Common Stock $607,656 0.34% 2,100 $74,697
VHT $603,103 0.34% 2,017 $12,419 Down ×1
FRDM $591,438 0.33% 8,113 $117,295 Down ×2
XLI XLI $520,496 0.29% 2,810 $66,035
VCSH Vanguard Short-Term Corporate Bond ETF $484,612 0.27% 6,132 $-1,630 Down ×4
SPY SPY $482,514 0.27% 646 $-25,489 Down ×2
IEFA $316,300 0.18% 3,275 $-755,575 Down ×2
ENFR $314,516 0.18% 8,255 $-2,321 Down ×2
VUSB $313,216 0.18% 6,292 $238,190 Up ×1
SCHD $291,859 0.16% 9,204 $8,713 Down ×4
IHAK $248,000 0.14% 4,085 $69,690
SPIB $223,479 0.13% 6,679 $-14,621 Down ×4
XLP XLP $205,266 0.12% 2,471 $2,693
GLDM $191,482 0.11% 2,411 $2,487 Up ×1
XLK XLK $184,804 0.10% 970 $55,891
CEF $160,397 0.09% 3,987 $-29,863
ITA ITA $147,149 0.08% 607 $-14,070 Down ×1
MSFT Microsoft Corporation - Common Stock $146,970 0.08% 394 $1,123
PHYS $144,273 0.08% 4,782 $93,133 Up ×1
IVW $143,581 0.08% 1,044 $25,494
JABS $140,090 0.08% 2,806 $63,114 Up ×1
VOO $134,615 0.08% 196 $17,495
SCHO $119,734 0.07% 4,960 $-645
VEA $114,356 0.06% 1,605 $-99,613 Down ×1
SCHM $98,939 0.06% 2,683 $15,860
FFSM $96,862 0.05% 2,535 $15,869
PCMM BondBloxx Private Credit CLO ETF $74,264 0.04% 1,489 $460 Down ×2
IVT InvenTrust Properties Corp. Common Stock $73,915 0.04% 2,088 $10,315
DGRO $61,845 0.03% 816 $4,017 Down ×2
MO Altria Group, Inc. $60,870 0.03% 846 $5,042
PM Philip Morris International Inc Common Stock $57,348 0.03% 317 $4,935
PSLV $55,289 0.03% 2,930 $-16,174
VWO $49,722 0.03% 833 $4,698
KTOS Kratos Defense & Security Solutions, Inc. - Common Stock $43,528 0.02% 873 Up ×1
IJR $40,340 0.02% 272 $6,528
SCHX $38,446 0.02% 1,306 $4,951
XLV XLV $34,905 0.02% 220 $2,651
WPM Wheaton Precious Metals Corp Common Shares (Canada) $33,696 0.02% 300 $-5,607
SMH SMH $28,445 0.02% 43 $11,817
VZ Verizon Communications Inc. Common Stock $24,938 0.01% 589 $-4,630
AMZN Amazon.com, Inc. - Common Stock $23,834 0.01% 100 $3,007
GE GE Aerospace Common Stock $23,545 0.01% 63 $5,667
COST Costco Wholesale Corporation - Common Stock $23,387 0.01% 25 $-1,524
TSM Taiwan Semiconductor Manufacturing Company Ltd. $22,923 0.01% 48 $6,701
GOOGL Alphabet Inc. - Class A Common Stock $21,085 0.01% 59 $4,119
SECU $20,193 0.01% 405 Up ×1
GEV GE Vernova Inc. Common Stock $17,623 0.01% 15 $4,529
PRU Prudential Financial, Inc. Common Stock $16,297 0.01% 151 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $15,916 0.01% 8 $5,349
SHV iShares 0-1 Year Treasury Bond ETF $13,132 0.01% 119 $-4
PFG Principal Financial Group Inc - Common Stock $10,778 0.01% 100 Up ×1
JA $10,010 0.01% 200 Up ×1
IBIT iShares Bitcoin Trust ETF $8,888 0.01% 267 $-1,370
CRM Salesforce, Inc. Common Stock $8,303 0.00% 53 $3,636 Up ×1
NVDA NVIDIA Corporation - Common Stock $8,004 0.00% 40 $1,028
VUG $6,202 0.00% 72 $961 Up ×1
NVAX Novavax, Inc. - Common Stock $5,746 0.00% 610 $781
IAK $5,482 0.00% 39 $-69,568 Down ×3
CVX Chevron Corporation Common Stock $4,072 0.00% 25 $-1,011
XSD $3,742 0.00% 6 $1,785

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
PULS $19,159,845 10.78% up ×4
VTI $18,949,378 10.66% up ×4
IVV $12,226,378 6.88% up ×4
SCHP $8,857,837 4.99% up ×4
CLOA $5,116,613 2.88% up ×4
JMBS $1,887,825 1.06% up ×3
CGXU $1,789,196 1.01% up ×4
EMXC $1,119,264 0.63% up ×4
QQQM $784,871 0.44% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
IGSB $1,392,376 26,567 0.78%
FLOT $957,545 18,757 0.54%
VBIL $816,966 10,795 0.46%
KTOS $43,528 873 0.02%
SECU $20,193 405 0.01%
PRU $16,297 151 0.01%
PFG $10,778 100 0.01%
JA $10,010 200 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
PULS Bought more +65K +$3.2M
VTI Bought more +116 +$2.6M
ICSH Bought more +41K +$2.1M
JPLD Trimmed -39K -$2.1M
VGT Bought more +51K +$1.9M
IVV Bought more +414 +$1.8M
UYLD Trimmed -33K -$1.7M
CLOA Bought more +28K +$1.5M
XLG Bought more +15K +$1.3M
SCHP Bought more +40K +$1.0M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
FLOT Dec. 31, 2025 51,151 $2,613,049 No longer tracked
JSI June 30, 2026 28,820 $1,485,671 No longer tracked
EELV June 30, 2026 15,151 $425,440 No longer tracked
IDHQ Dec. 31, 2025 6,908 $232,454 No longer tracked
XLE Dec. 31, 2025 2,002 $178,859 No longer tracked
XLRE Dec. 31, 2025 1,869 $78,741 No longer tracked
JIRE Dec. 31, 2025 720 $52,949 No longer tracked
IQDG Dec. 31, 2025 1,233 $49,172 No longer tracked
XEMD June 30, 2026 236 $10,372 No longer tracked
CAVA March 31, 2026 100 $5,869 -11.0%
VOX Dec. 31, 2025 17 $3,191 No longer tracked