Fusion Capital, LLC

Other Low signal CIK 1802955
League rank
#483
in Other · #1736 overall
Long book
$370.6M
Q1 2026
Positions
104
Top-10 weight
51%
concentration
Last quarter
+14.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Fusion Capital, LLC is an institutional manager, running a $370.6M US long book across 104 positions.

The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANECK IG FLOATING RATE ETF, VANGUARD DIVIDEND APPREC ETF, APPLE INC, JANUS HENDERSON AAA CLO ETF, LAM RESEARCH CORP.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.8%
Q2 2024
+5.0%
Q3 2024
-1.1%
Q4 2024
-1.6%
Q1 2025
+6.6%
Q2 2025
+9.5%
Q3 2025
+4.7%
Q4 2025
+1.7%
Q1 2026
+14.7%

Sector allocation

Technology
27%
Industrials
23%
Financials
14%
Energy
13%
Healthcare
11%
Consumer discretionary
8%
Services media
3%
Utilities
1%

Long book by quarter

$218.6M
Q1 2024
$219.2M
Q2 2024
$233.1M
Q3 2024
$248.1M
Q4 2024
$262.5M
Q1 2025
$292.5M
Q2 2025
$343.7M
Q3 2025
$355.5M
Q4 2025
$370.6M
Q1 2026

What does Fusion Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology80.7K$20.5M5.5%-1.1%
LRCX LAM RESEARCH CORPIndustrials84.8K$18.1M4.9%-10.7%
CAT CATERPILLAR INCIndustrials21.8K$15.4M4.2%-6.2%
XOM EXXON MOBIL CORPEnergy76.9K$13.1M3.5%-0.8%
JPM JPMORGAN CHASE & COFinancials38.0K$11.2M3.0%-1.4%
VLO VALERO ENERGY CORPEnergy44.9K$11.1M3.0%-1.7%
JNJ JOHNSON & JOHNSONHealthcare40.9K$10.0M2.7%-1.5%
CSCO CISCO SYSTEMS INCTechnology118.8K$9.2M2.5%-0.9%
AMGN AMGEN INCHealthcare26.0K$9.1M2.5%-0.3%
BAC BANK OF AMERICA CORPFinancials185.5K$9.0M2.4%-0.3%
MSFT MICROSOFT CORPTechnology23.6K$8.7M2.4%+6.3%
HD HOME DEPOT INCConsumer discretionary22.2K$7.3M2.0%+3.7%
CRH CRH PLCIndustrials48.5K$5.1M1.4%+5.5%
ALLE ALLEGION PLCServices media30.7K$4.5M1.2%+9.9%
QCOM QUALCOMM INCTechnology31.9K$4.1M1.1%+23.5%
AMZN AMAZON.COM INCConsumer discretionary17.6K$3.7M1.0%-1.7%
NVDA NVIDIA CORPTechnology21.0K$3.7M1.0%+8.0%
GOOGL ALPHABET INC-CL ATechnology9.5K$2.7M0.7%+3.7%
RTX RTX CORPIndustrials13.6K$2.6M0.7%+0.8%
CVX CHEVRON CORPEnergy10.4K$2.2M0.6%+7.0%
C CITIGROUP INCFinancials18.4K$2.1M0.6%+0.8%
META META PLATFORMS INC-CLASS ATechnology2.7K$1.5M0.4%+24.0%
SCHW SCHWAB (CHARLES) CORPFinancials15.3K$1.4M0.4%-1.3%
COST COSTCO WHOLESALE CORPConsumer discretionary1.1K$1.1M0.3%+0.1%
CAH CARDINAL HEALTH INCConsumer discretionary5.3K$1.1M0.3%+0.2%
LLY ELI LILLY & COHealthcare1.2K$1.1M0.3%+0.4%
BA BOEING CO/THEIndustrials5.2K$1.0M0.3%-1.3%
WMT WALMART INCConsumer discretionary8.1K$1.0M0.3%+1.2%
USB US BANCORPFinancials15.8K$821K0.2%+0.9%
NFLX NETFLIX INCServices media8.4K$809K0.2%+15.4%
KKR KKR & CO INCFinancials7.6K$702K0.2%+8.7%
ABBV ABBVIE INCHealthcare3.2K$690K0.2%-0.5%
AVGO BROADCOM INCTechnology2.1K$650K0.2%+90.2%
TSLA TESLA INCIndustrials1.6K$598K0.2%+5.2%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.1K$547K0.1%-0.3%
GE GENERAL ELECTRICIndustrials1.8K$514K0.1%+0.1%
SO SOUTHERN CO/THEUtilities4.9K$474K0.1%+0.2%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology1.1K$447K0.1%+6.4%
WFC WELLS FARGO & COFinancials5.1K$405K0.1%+82.3%
GEV GE VERNOVA INCIndustrials442$386K0.1%Held
AMD ADVANCED MICRO DEVICESTechnology1.9K$379K0.1%+1.1%
GOOG ALPHABET INC-CL CTechnology1.3K$362K0.1%+4.1%
LOW LOWE'S COS INCConsumer discretionary1.4K$335K0.1%+0.3%
MS MORGAN STANLEYFinancials1.9K$316K0.1%+26.5%
GS GOLDMAN SACHS GROUP INCFinancials370$313K0.1%+0.5%
UBER UBER TECHNOLOGIES INCServices media4.2K$305K0.1%+12.0%
CRWV COREWEAVE INC-CL ATechnology3.6K$281K0.1%+19.5%
VZ VERIZON COMMUNICATIONS INCCommunications5.5K$274K0.1%+1.1%
NEE NEXTERA ENERGY INCUtilities2.9K$273K0.1%+0.2%
CSX CSX CORPIndustrials6.4K$264K0.1%+0.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026104$370.6M canonicalSEC ↗
Q4 202513F-HRFeb 4, 2026101$355.5M canonicalSEC ↗
Q3 202513F-HRNov 5, 202598$343.7M canonicalSEC ↗
Q2 202513F-HRAug 8, 202592$292.5M canonicalSEC ↗
Q1 202513F-HRMay 15, 202578$262.5M canonicalSEC ↗
Q4 202413F-HRFeb 5, 202583$248.1M canonicalSEC ↗
Q3 202413F-HRNov 12, 202476$233.1M canonicalSEC ↗
Q2 202413F-HRAug 6, 202473$219.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 202473$218.6M canonicalSEC ↗