FULTON BREAKEFIELD BROENNIMAN LLC
CIK 1119254 · View on SEC EDGAR ↗
- Portfolio value
- $1.7B
- Positions
- 208
- As of
- June 30, 2026
#1,693 of 9,443 by 13F value · top 17.9%
Portfolio value QoQ: +10.7% 13F does not disclose cash
- Top 10 holdings weight
- 48.79%
- Top 25 holdings weight
- 72.12%
- Positions above 1%
- 23
- Effective number of positions
- 30.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.57% Est. buys $89,899,811 · sells $193,210,262
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 80.6% still held
- New positions
- 19
- Increased
- 62
- Decreased
- 94
- Closed
- 11
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
21.6%
Communication Services
6.2%
Healthcare
5.9%
Industrials
5.9%
Retail
5.7%
Financial Services
3.4%
Financials
2.2%
Consumer Discretionary
1.7%
Materials
1.4%
Energy
1.1%
Utilities
1.0%
Consumer products
0.2%
Consumer Staples
0.2%
Communications
0.1%
Telecommunication
0.0%
Real Estate
0.0%
Logistics & Transportation
0.0%
Other/Unmapped
43.6%
Full portfolio 208 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $172,527,179 | 10.17% | 230,377 | $21,290,053 | Down ×1 | ||
| VEA | $96,595,754 | 5.69% | 1,355,730 | $20,165,803 | Up ×6 | ||
| AAPL Apple Inc. - Common Stock | $83,826,313 | 4.94% | 289,696 | $7,714,876 | Down ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $77,654,470 | 4.58% | 217,294 | $13,593,071 | Down ×6 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $75,230,503 | 4.43% | 157,528 | $20,889,190 | Down ×6 | ||
| IJR | $70,583,506 | 4.16% | 475,919 | $15,936,121 | Up ×4 | ||
| IJH | $68,513,338 | 4.04% | 888,514 | $8,141,692 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $65,509,941 | 3.86% | 175,620 | $-464,783 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $63,902,082 | 3.77% | 319,367 | $18,485,014 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $53,365,730 | 3.15% | 223,906 | $5,683,680 | Down ×2 | ||
| LLY Eli Lilly and Company Common Stock | $36,012,587 | 2.12% | 30,025 | $7,902,777 | Down ×6 | ||
| GLDM | $35,826,501 | 2.11% | 451,102 | $4,224,518 | Up ×4 | ||
| AGG | $33,667,026 | 1.98% | 340,140 | $-5,865,158 | Down ×1 | ||
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | $33,491,210 | 1.97% | 652,977 | $-5,073 | Down ×1 | ||
| HWM Howmet Aerospace Inc. Common Stock | $33,407,404 | 1.97% | 124,256 | $4,247,947 | Down ×6 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $30,929,028 | 1.82% | 15,547 | $11,666,043 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $27,680,381 | 1.63% | 73,277 | $10,056,711 | Up ×6 | ||
| V Visa Inc. | $25,915,191 | 1.53% | 75,535 | $568,732 | Down ×6 | ||
| BRKB | $24,900,790 | 1.47% | 49,763 | $-10,942,826 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $23,052,812 | 1.36% | 44,423 | $674,684 | Down ×6 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $20,860,198 | 1.23% | 137,691 | $-1,442,457 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $19,312,311 | 1.14% | 59,000 | $1,974,013 | Up ×6 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $17,210,534 | 1.01% | 41,408 | $5,667,175 | Down ×6 | ||
| LOW Lowe's Companies, Inc. Common Stock | $16,809,943 | 0.99% | 76,239 | $-1,796,263 | Down ×5 | ||
| SPY SPY | $16,794,671 | 0.99% | 22,490 | $1,839,614 | Down ×3 | ||
| PGR Progressive Corporation (The) Common Stock | $16,101,499 | 0.95% | 73,708 | $-5,700,986 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $15,533,184 | 0.92% | 61,728 | $-2,525,765 | Down ×4 | ||
| AXP American Express Company Common Stock | $15,531,107 | 0.92% | 45,916 | $1,540,395 | Down ×1 | ||
| VIG | $15,151,776 | 0.89% | 64,034 | $1,261,289 | Down ×1 | ||
| GD General Dynamics Corporation Common Stock | $14,318,494 | 0.84% | 40,420 | $61,765 | Down ×1 | ||
| APO Apollo Global Management, Inc. (New) Common Stock | $14,138,755 | 0.83% | 119,506 | $519,230 | Down ×5 | ||
| NEE NextEra Energy, Inc. Common Stock | $14,133,840 | 0.83% | 161,033 | $-6,854,004 | Down ×5 | ||
| SYK Stryker Corporation Common Stock | $13,427,582 | 0.79% | 42,649 | $-2,686,179 | Down ×2 | ||
| MCD McDonald's Corporation Common Stock | $12,714,709 | 0.75% | 47,038 | $-2,593,728 | Down ×4 | ||
| PFF iShares Preferred and Income Securities ETF | $12,369,391 | 0.73% | 405,687 | $-51,746 | Down ×1 | ||
| IWM | $11,995,899 | 0.71% | 39,926 | $2,008,895 | Down ×6 | ||
| NFLX Netflix, Inc. - Common Stock | $11,692,750 | 0.69% | 163,764 | $-4,308,437 | Down ×1 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $11,593,143 | 0.68% | 34,625 | $3,141,831 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $11,439,782 | 0.67% | 15,535 | $3,245,131 | Up ×6 | ||
| JCPI | $11,402,272 | 0.67% | 238,292 | Up ×1 | |||
| EOG EOG Resources, Inc. Common Stock | $11,398,311 | 0.67% | 87,862 | $-2,493,999 | Down ×3 | ||
| SPIP | $10,940,113 | 0.64% | 426,017 | $6,673,792 | Up ×6 | ||
| GWW W.W. Grainger, Inc. Common Stock | $9,933,641 | 0.59% | 7,302 | $1,827,832 | Down ×1 | ||
| SJNK | $9,776,489 | 0.58% | 390,591 | $-130,806 | Down ×6 | ||
| LQD | $9,475,931 | 0.56% | 86,879 | $-174,733 | Down ×6 | ||
| WCN Waste Connections, Inc. Common Shares | $8,896,153 | 0.52% | 53,369 | $-630,791 | Down ×4 | ||
| HLT Hilton Worldwide Holdings Inc. Common Stock | $8,141,873 | 0.48% | 24,638 | $642,348 | Down ×1 | ||
| MUB | $7,629,097 | 0.45% | 70,889 | $270,354 | Up ×4 | ||
| RSP | $7,623,059 | 0.45% | 35,828 | $2,003,336 | Up ×3 | ||
| XPO XPO, Inc. Common Stock | $7,350,408 | 0.43% | 35,805 | Up ×1 | |||
| META Meta Platforms, Inc. - Class A Common Stock | $6,424,219 | 0.38% | 11,405 | $-393,854 | Down ×1 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $6,234,590 | 0.37% | 15,677 | $5,524,111 | Up ×5 | ||
| IBDR | $6,165,810 | 0.36% | 254,470 | $138,699 | Up ×1 | ||
| IJK | $5,728,877 | 0.34% | 48,756 | $852,932 | Up ×1 | ||
| OEF | $5,678,326 | 0.33% | 15,520 | $607,951 | Down ×6 | ||
| JNJ Johnson & Johnson Common Stock | $5,115,455 | 0.30% | 20,142 | $50,358 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $4,788,036 | 0.28% | 13,551 | $736,953 | Down ×1 | ||
| IBDS | $4,761,653 | 0.28% | 196,600 | $158,775 | Up ×6 | ||
| SPOT Spotify Technology S.A. Ordinary Shares | $4,623,180 | 0.27% | 10,069 | $-839,331 | Down ×2 | ||
| SAP SAP SE ADS | $4,302,905 | 0.25% | 27,921 | $-1,174,617 | Down ×3 | ||
| TSLA Tesla, Inc. - Common Stock | $4,294,000 | 0.25% | 10,209 | $-324,622 | Down ×1 | ||
| IBDT | $4,215,262 | 0.25% | 166,941 | $152,497 | Up ×6 | ||
| DVY iShares Select Dividend ETF | $4,112,566 | 0.24% | 26,312 | $809,254 | Up ×4 | ||
| CVX Chevron Corporation Common Stock | $4,097,693 | 0.24% | 24,721 | $-1,211,907 | Down ×3 | ||
| IBDV | $3,861,096 | 0.23% | 177,115 | $235,633 | Up ×6 | ||
| SHYG | $3,781,606 | 0.22% | 89,168 | $107,278 | Up ×4 | ||
| IBDU | $3,500,503 | 0.21% | 151,144 | $127,690 | Up ×1 | ||
| VTI | $3,436,510 | 0.20% | 9,287 | $427,261 | Down ×1 | ||
| IBDW | $2,801,709 | 0.17% | 134,439 | $260,974 | Up ×6 | ||
| MAR Marriott International - Class A Common Stock | $2,790,913 | 0.16% | 7,531 | $303,219 | Down ×4 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $2,717,793 | 0.16% | 6,378 | $485,932 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $2,482,020 | 0.15% | 18,154 | $-541,747 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $2,470,813 | 0.15% | 2,641 | $-193,893 | Down ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $2,470,498 | 0.15% | 8,288 | $835,584 | Down ×2 | ||
| IBDX | $2,231,028 | 0.13% | 88,568 | $247,586 | Up ×6 | ||
| AMGN Amgen Inc. - Common Stock | $2,221,884 | 0.13% | 6,136 | $186,514 | Up ×1 | ||
| XLK XLK | $2,171,376 | 0.13% | 11,397 | $611,659 | Down ×1 | ||
| ITW Illinois Tool Works Inc. Common Stock | $2,162,981 | 0.13% | 7,997 | $41,586 | Down ×1 | ||
| DHR Danaher Corporation Common Stock | $1,970,942 | 0.12% | 10,347 | $-6,740,362 | Down ×6 | ||
| CAT Caterpillar, Inc. Common Stock | $1,968,607 | 0.12% | 1,849 | $677,346 | Up ×1 | ||
| SCHM | $1,817,770 | 0.11% | 49,302 | $236,789 | Down ×1 | ||
| IBDY | $1,717,578 | 0.10% | 66,715 | $197,520 | Up ×6 | ||
| SCHA | $1,602,088 | 0.09% | 44,342 | $290,135 | Down ×6 | ||
| AMAT Applied Materials, Inc. - Common Stock | $1,594,938 | 0.09% | 2,206 | $969,121 | Up ×1 | ||
| SCHP | $1,570,897 | 0.09% | 59,279 | $-12,226 | Down ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $1,281,512 | 0.08% | 8,739 | $4,680 | Down ×1 | ||
| RTX RTX Corporation Common Stock | $1,273,847 | 0.08% | 6,714 | $-24,563 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $1,264,592 | 0.07% | 1,096 | $902,428 | Up ×2 | ||
| CHD Church & Dwight Company, Inc. Common Stock | $1,192,151 | 0.07% | 12,305 | $-18,157 | Down ×6 | ||
| IBDZ | $1,181,394 | 0.07% | 45,351 | $225,930 | Up ×4 | ||
| UNP Union Pacific Corporation Common Stock | $1,163,230 | 0.07% | 4,277 | $98,959 | Down ×6 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,124,504 | 0.07% | 8,751 | $37,082 | Down ×1 | ||
| IBM International Business Machines Corporation Common Stock | $1,088,784 | 0.06% | 3,872 | $297,918 | Up ×4 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,029,711 | 0.06% | 2,920 | $81,628 | Up ×2 | ||
| IWF | $1,019,312 | 0.06% | 8,209 | $699,086 | Up ×1 | ||
| VOO | $1,016,009 | 0.06% | 1,479 | $160,204 | Up ×2 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $1,014,794 | 0.06% | 1,052 | $605,405 | Up ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $1,011,006 | 0.06% | 12,440 | $59,527 | Down ×1 | ||
| GLD | $979,891 | 0.06% | 2,660 | $-89,380 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $933,842 | 0.06% | 8,245 | $-88,703 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| VEA | $96,595,754 | 5.69% | up ×6 |
| IJR | $70,583,506 | 4.16% | up ×4 |
| GLDM | $35,826,501 | 2.11% | up ×4 |
| AVGO | $27,680,381 | 1.63% | up ×6 |
| JPM | $19,312,311 | 1.14% | up ×6 |
| QQQ | $11,439,782 | 0.67% | up ×6 |
| SPIP | $10,940,113 | 0.64% | up ×6 |
| MUB | $7,629,097 | 0.45% | up ×4 |
| RSP | $7,623,059 | 0.45% | up ×3 |
| ISRG | $6,234,590 | 0.37% | up ×5 |
| IBDS | $4,761,653 | 0.28% | up ×6 |
| IBDT | $4,215,262 | 0.25% | up ×6 |
| DVY | $4,112,566 | 0.24% | up ×4 |
| IBDV | $3,861,096 | 0.23% | up ×6 |
| SHYG | $3,781,606 | 0.22% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| JCPI | $11,402,272 | 238,292 | 0.67% |
| XPO | $7,350,408 | 35,805 | 0.43% |
| NULG | $591,270 | 5,051 | 0.03% |
| NULV | $585,633 | 11,715 | 0.03% |
| INTC | $436,055 | 3,123 | 0.03% |
| PANW | $424,229 | 1,244 | 0.03% |
| GLW | $362,966 | 1,421 | 0.02% |
| MELI | $339,478 | 200 | 0.02% |
| KLAC | $322,830 | 1,070 | 0.02% |
| IYW | $277,453 | 1,100 | 0.02% |
| CSX | $238,268 | 5,013 | 0.01% |
| IBCA | $237,533 | 9,275 | 0.01% |
| WST | $227,965 | 635 | 0.01% |
| VOE | $213,606 | 1,081 | 0.01% |
| SHW | $209,417 | 608 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Trimmed | -1K | +$21.3M |
| TSM | Trimmed | -3K | +$20.9M |
| VEA | Bought more | +163K | +$20.2M |
| NVDA | Bought more | +59K | +$18.5M |
| IJR | Bought more | +36K | +$15.9M |
| GOOGL | Trimmed | -5K | +$13.6M |
| ASML | Bought more | +963 | +$11.7M |
| BRKB | Trimmed | -217K | -$10.9M |
| AVGO | Bought more | +16K | +$10.1M |
| IJH | Trimmed | -5K | +$8.1M |
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPGI | June 30, 2026 | 21,786 | $9,266,457 | 12.5% |
| ADBE | Sept. 30, 2025 | 23,324 | $9,023,536 | -22.6% |
| TIP | June 30, 2026 | 75,812 | $8,366,609 | No longer tracked |
| DEO | March 31, 2025 | 49,009 | $6,230,492 | -11.0% |
| IBDQ | Dec. 31, 2025 | 231,251 | $5,825,216 | No longer tracked |
| AMD | June 30, 2025 | 55,901 | $5,743,269 | 231.8% |
| CMG | Dec. 31, 2025 | 130,567 | $5,116,921 | -3.0% |
| NOW | June 30, 2026 | 38,917 | $4,068,772 | 30.6% |
| IBMR | March 31, 2026 | 130,223 | $3,047,862 | No longer tracked |
| IBDU | Dec. 31, 2025 | 126,028 | $2,957,880 | No longer tracked |
| ACN | March 31, 2026 | 5,698 | $1,528,773 | -7.9% |
| ADP | March 31, 2026 | 4,891 | $1,258,112 | 37.3% |
| SMH | March 31, 2025 | 4,913 | $1,189,781 | 165.6% |
| EXR | March 31, 2026 | 7,188 | $936,022 | 12.4% |
| ANETXXXX | March 31, 2025 | 6,740 | $744,972 | No longer tracked |
| VEU | Sept. 30, 2025 | 9,153 | $615,255 | No longer tracked |
| KXI | March 31, 2025 | 7,680 | $463,027 | No longer tracked |
| SNPS | Dec. 31, 2025 | 924 | $455,892 | -15.2% |
| ANET | March 31, 2026 | 3,033 | $397,414 | 53.4% |
| WST | March 31, 2025 | 1,170 | $383,245 | 57.6% |
| VBIL | June 30, 2026 | 4,676 | $353,739 | |
| HRB | March 31, 2026 | 7,885 | $343,628 | 65.3% |
| VYM | Dec. 31, 2025 | 2,407 | $339,267 | No longer tracked |
| NTRS | March 31, 2026 | 2,300 | $314,157 | 33.0% |
| ODFL | Dec. 31, 2025 | 2,193 | $308,731 | 32.5% |
| SPYV | March 31, 2026 | 5,331 | $302,850 | No longer tracked |
| KMB | Dec. 31, 2025 | 2,319 | $288,344 | 7.5% |
| MNST | March 31, 2025 | 5,226 | $274,679 | -18.7% |
| PYPL | March 31, 2025 | 3,140 | $267,999 | -4.7% |
| HON | June 30, 2026 | 1,175 | $265,585 | -1.9% |
| NKE | March 31, 2026 | 3,975 | $253,247 | -23.2% |
| ATRO | March 31, 2026 | 4,604 | $249,537 | 13.8% |
| T | Dec. 31, 2025 | 8,793 | $248,301 | 2.1% |
| PANW | March 31, 2026 | 1,344 | $247,565 | 114.6% |
| MRSH | June 30, 2026 | 1,417 | $245,815 | 14.7% |
| BMY | March 31, 2025 | 4,297 | $243,049 | 8.3% |
| T | June 30, 2026 | 8,174 | $236,950 | 22.6% |
| IWD | March 31, 2025 | 1,267 | $234,560 | No longer tracked |
| ALB | June 30, 2025 | 3,231 | $232,697 | 126.9% |
| O | June 30, 2025 | 4,000 | $232,040 | 9.6% |
| D | March 31, 2025 | 4,297 | $231,456 | 20.5% |
| K | June 30, 2025 | 2,788 | $229,982 | No longer tracked |
| TECH | Sept. 30, 2025 | 4,435 | $228,181 | 30.0% |
| BSV | March 31, 2025 | 2,952 | $228,101 | No longer tracked |
| CI | Sept. 30, 2025 | 688 | $227,439 | -4.0% |
| BSX | June 30, 2026 | 3,603 | $226,102 | 15.8% |
| VDC | Sept. 30, 2025 | 1,027 | $224,913 | No longer tracked |
| PYPL | Dec. 31, 2025 | 3,350 | $224,651 | 6.6% |
| SHW | Dec. 31, 2025 | 635 | $219,858 | 7.4% |
| QCOM | March 31, 2025 | 1,430 | $219,678 | 4.8% |
| IYW | March 31, 2026 | 1,100 | $219,648 | No longer tracked |
| NET | Dec. 31, 2025 | 1,005 | $215,663 | 39.7% |
| VAW | June 30, 2025 | 1,125 | $212,411 | No longer tracked |
| DTE | June 30, 2026 | 1,444 | $211,142 | -9.5% |
| INTU | March 31, 2026 | 315 | $208,662 | -16.6% |
| O | Dec. 31, 2025 | 3,412 | $207,415 | 12.0% |
| PAVE | March 31, 2025 | 5,092 | $205,768 | No longer tracked |
| CALF | March 31, 2025 | 4,663 | $205,219 | No longer tracked |
| CL | Sept. 30, 2025 | 2,255 | $204,980 | 12.9% |
| NVR | March 31, 2026 | 28 | $204,198 | -3.9% |
| SLV | June 30, 2026 | 2,975 | $202,717 | No longer tracked |
| VTEB | March 31, 2026 | 4,026 | $202,468 | No longer tracked |
| IWF | March 31, 2025 | 501 | $201,192 | No longer tracked |
| HCA | Sept. 30, 2025 | 525 | $201,128 | -2.4% |
| APD | Sept. 30, 2025 | 713 | $201,017 | 11.3% |
| PFE | June 30, 2026 | 7,123 | $200,014 | 16.5% |
| FSK | Dec. 31, 2025 | 10,800 | $161,244 | -19.6% |
| HONDW | Dec. 31, 2025 | 18,405 | $110,430 | No longer tracked |