FCG Investment Co
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), FCG Investment Co reported 92 stock positions worth $191.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.0% of the portfolio, followed by Microsoft (MSFT, 7.9%) and Nvidia (NVDA, 7.2%). Compared with Q1 2025, it opened 34 new positions, sold out of 25, added to 20 and reduced 37. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +4926%) and the biggest sale Apple (AAPL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Germantown, TN
- CIK
- 0002011697
- Portfolio Value
- $191.7M (Q2 2025)
- SEC Filing
- 0001667731-25-000847 ↗ filed Jul 16, 2025
Holdings Value
Holdings 92 stocks · $191.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 10.99% | 34,078 | $21.1M | Add +4926.3% |
| MSFT Microsoft Corp. | 7.89% | 30,397 | $15.1M | Reduce -3.1% |
| NVDA Nvidia Corp. | 7.15% | 86,779 | $13.7M | Add +5.4% |
| AAPL Apple Inc. | 5.90% | 55,074 | $11.3M | Reduce -6.2% |
| AMZN Amazon.com Inc. | 3.95% | 34,476 | $7.6M | Add +0.8% |
| META Meta Platforms Inc. Class A | 3.57% | 9,281 | $6.9M | Reduce -3.7% |
| GOOGL Alphabet Inc. Class A | 3.42% | 37,212 | $6.6M | Add +3.3% |
| AVGO Broadcom Inc. | 3.01% | 20,956 | $5.8M | Reduce -7.8% |
| JPM JPMorgan Chase & Co. | 2.93% | 19,398 | $5.6M | Add +1.3% |
| CADE Cadence Bank | 2.54% | 152,525 | $4.9M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.00% | 40,145 | $3.8M | Add +1.9% |
| NFLX Netflix Inc. | 1.85% | 2,641 | $3.5M | Add +1.5% |
| WMT Walmart Inc. | 1.78% | 34,905 | $3.4M | Reduce -8.5% |
| COST Costco Wholesale Corp. | 1.69% | 3,277 | $3.2M | Reduce -8.9% |
| V Visa Inc. Class A | 1.48% | 7,992 | $2.8M | Reduce -22.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.44% | 9,341 | $2.8M | Add +75.5% |
| XOM Exxon Mobil Corp. | 1.38% | 24,554 | $2.6M | Reduce -20.5% |
| GILD Gilead Sciences Inc. | 1.27% | 21,931 | $2.4M | Add +6.6% |
| NRG NRG Energy Inc. | 1.17% | 13,912 | $2.2M | Reduce -27.8% |
| ABBV Abbvie Inc. | 1.15% | 11,881 | $2.2M | Reduce -6.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.08% | 39,584 | $2.1M | Add +5.8% |
| MA Mastercard Inc. Class A | 1.07% | 3,636 | $2.0M | Reduce -17.3% |
| GD General Dynamics Corp. | 1.05% | 6,914 | $2.0M | Add +19.4% |
| LLY Eli Lilly & Co. | 1.04% | 2,555 | $2.0M | Add +1.9% |
| JNJ Johnson & Johnson | 1.00% | 12,535 | $1.9M | Reduce -21.9% |
| VZ Verizon Communications Inc. | 0.90% | 39,692 | $1.7M | Add +400.7% |
| LMT Lockheed Martin Corp. | 0.83% | 3,430 | $1.6M | Add +98.3% |
| GS Goldman Sachs Group Inc. | 0.81% | 2,195 | $1.6M | Reduce -18.5% |
| TSLA Tesla Inc. | 0.80% | 4,830 | $1.5M | Reduce -42.1% |
| FTNT Fortinet Inc. | 0.77% | 14,044 | $1.5M | Reduce -45.1% |
| LRCX Lam Research Corp. | 0.71% | 13,924 | $1.4M | Add +54.4% |
| BKNG Booking Holdings Inc. | 0.69% | 228 | $1.3M | Reduce -23.2% |
| DRI Darden Restaurants Inc. | 0.68% | 5,999 | $1.3M | New |
| PLTR Palantir Technologies Inc. Class A | 0.68% | 9,554 | $1.3M | New |
| ISRG Intuitive Surgical Inc. | 0.65% | 2,276 | $1.2M | Reduce -19.0% |
| MO Altria Group Inc. | 0.65% | 21,091 | $1.2M | New |
| NOC Northrop Grumman Corp. | 0.62% | 2,388 | $1.2M | Reduce -13.9% |
| CMI Cummins Inc. | 0.61% | 3,597 | $1.2M | New |
| DTE DTE Energy Company | 0.60% | 8,747 | $1.2M | New |
| CRM Salesforce Inc. | 0.56% | 3,961 | $1.1M | Reduce -48.3% |
| LPG Dorian LPG Ltd. | 0.56% | 43,700 | $1.1M | New |
| SYF Synchrony Financial | 0.55% | 15,835 | $1.1M | Reduce -28.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.54% | 11,356 | $1.0M | Reduce -30.9% |
| AFG American Financial Group Inc. | 0.54% | 8,141 | $1.0M | Reduce -9.6% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.53% | 10,471 | $1.0M | New |
| BLK BlackRock Inc. | 0.52% | 950 | $997K | Reduce -30.7% |
| ASR Grupo Aeroportuario Sur-ADR | 0.50% | 3,019 | $963K | New |
| ACMR Acm Research Inc. Class A | 0.48% | 35,877 | $929K | Add +1.6% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.48% | 21,856 | $928K | New |
| PYPL PayPal Holdings Inc. | 0.48% | 12,410 | $922K | Reduce -34.6% |
| EXC Exelon Corp. | 0.47% | 20,624 | $895K | New |
| CEG Constellation Energy | 0.46% | 2,702 | $872K | New |
| EXEL Exelixis Inc. | 0.45% | 19,694 | $868K | New |
| SU Suncor Energy Inc. | 0.45% | 23,121 | $866K | Reduce -38.5% |
| SHOP Shopify Inc. Class A | 0.45% | 7,487 | $864K | New |
| DB Deutsche Bank AG-Registered | 0.45% | 29,380 | $860K | New |
| MTG Mgic Investment Corp. | 0.44% | 30,375 | $846K | New |
| FFIV F5 Inc. | 0.43% | 2,807 | $826K | New |
| RTX RTX Corp. | 0.42% | 5,579 | $815K | New |
| OC Owens Corning | 0.42% | 5,884 | $809K | Reduce -21.2% |
| IDCC Interdigital Inc. | 0.42% | 3,605 | $808K | New |
| PAY Paymentus Holdings Inc. Class A | 0.41% | 24,154 | $791K | New |
| EBAY eBay Inc. | 0.41% | 10,622 | $791K | New |
| EQIX Equinix Inc. | 0.41% | 977 | $777K | Reduce -26.9% |
| APP AppLovin Corp. Class A | 0.40% | 2,173 | $761K | New |
| HD Home Depot Inc. | 0.37% | 1,926 | $706K | Reduce -3.0% |
| MDY State Street SPDR S&P Midcap | 0.35% | 1,190 | $674K | Add +2.7% |
| BWXT BWX Technologies Inc. | 0.33% | 4,408 | $635K | Reduce -20.7% |
| IIPR Innovative Industrial Proper | 0.30% | 10,494 | $579K | New |
| CSCO Cisco Systems Inc. | 0.30% | 8,207 | $569K | Add +144.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.29% | 51,185 | $555K | New |
| C Citigroup Inc. | 0.27% | 6,171 | $525K | New |
| AZO AutoZone Inc. | 0.26% | 135 | $501K | No change |
| CI The Cigna Group | 0.25% | 1,468 | $485K | Add +1.4% |
| DFAU Dimensional US Core Equity M | 0.24% | 10,992 | $466K | New |
| BMY Bristol-Myers Squibb Co. | 0.24% | 10,022 | $464K | Reduce -5.0% |
| PBR Petroleo Brasileiro-Spon ADR | 0.24% | 36,176 | $453K | New |
| FSK FS KKR Capital Corp. | 0.24% | 21,723 | $451K | New |
| CNQ Canadian Natural Resources | 0.21% | 13,010 | $409K | New |
| AB Alliancebernstein Holding LP | 0.19% | 8,873 | $362K | New |
| HBAN Huntington Bancshares Inc. | 0.19% | 21,443 | $359K | Reduce -12.7% |
| PFE Pfizer Inc. | 0.19% | 14,681 | $356K | New |
| ED Consolidated Edison Inc. | 0.18% | 3,511 | $352K | New |
| XLK SS Technology Select Sector | 0.18% | 1,367 | $346K | Reduce -25.0% |
| T AT&T Inc. | 0.18% | 11,812 | $342K | Reduce -43.5% |
| DELL Dell Technologies -C | 0.18% | 2,751 | $337K | Reduce -79.3% |
| NUE Nucor Corp. | 0.17% | 2,578 | $334K | Reduce -75.6% |
| SO The Southern Co. | 0.16% | 3,292 | $302K | Reduce -59.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.12% | 3,950 | $230K | Reduce -72.2% |
| MS Morgan Stanley | 0.12% | 1,594 | $225K | New |
| XLC SS Comm Select Sector SPDR | 0.11% | 1,970 | $214K | New |
| OGE Oge Energy Corp. | 0.10% | 4,512 | $200K | Add +1.0% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -6.2% | 5.90% | −2.30 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −1.65 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.13 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −1.09 |
| GM General Motors Co. | Sold out | 0.00% | −1.06 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.99 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.99 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −0.97 |
| XOM Exxon Mobil Corp. | Reduce -20.5% | 1.38% | −0.93 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.88 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.87 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.85 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.81 |
| V Visa Inc. Class A | Reduce -22.0% | 1.48% | −0.77 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.77 |
| FTNT Fortinet Inc. | Reduce -45.1% | 0.77% | −0.77 |
| CRM Salesforce Inc. | Reduce -48.3% | 0.56% | −0.73 |
| ATEN A10 Networks Inc. | Sold out | 0.00% | −0.72 |
| JNJ Johnson & Johnson | Reduce -21.9% | 1.00% | −0.67 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.64 |
| NUE Nucor Corp. | Reduce -75.6% | 0.17% | −0.62 |
| DELL Dell Technologies -C | Reduce -79.3% | 0.18% | −0.59 |
| TSLA Tesla Inc. | Reduce -42.1% | 0.80% | −0.56 |
| ABBV Abbvie Inc. | Reduce -6.6% | 1.15% | −0.52 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.52 |
| SU Suncor Energy Inc. | Reduce -38.5% | 0.45% | −0.46 |
| MA Mastercard Inc. Class A | Reduce -17.3% | 1.07% | −0.45 |
| COST Costco Wholesale Corp. | Reduce -8.9% | 1.69% | −0.44 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -72.2% | 0.12% | −0.42 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.38 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.35 |
| HPQ HP Inc. | Sold out | 0.00% | −0.34 |
| BNY Bank of New York Mellon Corp. | Reduce -30.9% | 0.54% | −0.33 |
| WMT Walmart Inc. | Reduce -8.5% | 1.78% | −0.32 |
| SO The Southern Co. | Reduce -59.9% | 0.16% | −0.32 |
| USLM United States Lime & Mineral | Sold out | 0.00% | −0.31 |
| PYPL PayPal Holdings Inc. | Reduce -34.6% | 0.48% | −0.30 |
| BLK BlackRock Inc. | Reduce -30.7% | 0.52% | −0.30 |
| EQIX Equinix Inc. | Reduce -26.9% | 0.41% | −0.28 |
| NOC Northrop Grumman Corp. | Reduce -13.9% | 0.62% | −0.27 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.25 |
| OC Owens Corning | Reduce -21.2% | 0.42% | −0.25 |
| GNTY Guaranty Bancshares Inc. | Sold out | 0.00% | −0.24 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.23 |
| ISRG Intuitive Surgical Inc. | Reduce -19.0% | 0.65% | −0.23 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.23 |
| AFG American Financial Group Inc. | Reduce -9.6% | 0.54% | −0.21 |
| T AT&T Inc. | Reduce -43.5% | 0.18% | −0.19 |
| SYF Synchrony Financial | Reduce -28.1% | 0.55% | −0.18 |
| BKNG Booking Holdings Inc. | Reduce -23.2% | 0.69% | −0.17 |
Portfolio Buys Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4926.3% | 10.99% | +10.75 |
| CADE Cadence Bank | New | 2.54% | +2.54 |
| NVDA Nvidia Corp. | Add +5.4% | 7.15% | +1.55 |
| DRI Darden Restaurants Inc. | New | 0.68% | +0.68 |
| PLTR Palantir Technologies Inc. Class A | New | 0.68% | +0.68 |
| VZ Verizon Communications Inc. | Add +400.7% | 0.90% | +0.67 |
| MO Altria Group Inc. | New | 0.65% | +0.65 |
| CMI Cummins Inc. | New | 0.61% | +0.61 |
| IBM Intl Business Machines Corp. | Add +75.5% | 1.44% | +0.60 |
| DTE DTE Energy Company | New | 0.60% | +0.60 |
| LPG Dorian LPG Ltd. | New | 0.56% | +0.56 |
| KOF Coca-Cola Femsa Sab-SP ADR | New | 0.53% | +0.53 |
| ASR Grupo Aeroportuario Sur-ADR | New | 0.50% | +0.50 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 0.48% | +0.48 |
| EXC Exelon Corp. | New | 0.47% | +0.47 |
| CEG Constellation Energy | New | 0.46% | +0.46 |
| EXEL Exelixis Inc. | New | 0.45% | +0.45 |
| SHOP Shopify Inc. Class A | New | 0.45% | +0.45 |
| DB Deutsche Bank AG-Registered | New | 0.45% | +0.45 |
| MTG Mgic Investment Corp. | New | 0.44% | +0.44 |
| FFIV F5 Inc. | New | 0.43% | +0.43 |
| RTX RTX Corp. | New | 0.42% | +0.42 |
| IDCC Interdigital Inc. | New | 0.42% | +0.42 |
| PAY Paymentus Holdings Inc. Class A | New | 0.41% | +0.41 |
| EBAY eBay Inc. | New | 0.41% | +0.41 |
| APP AppLovin Corp. Class A | New | 0.40% | +0.40 |
| LMT Lockheed Martin Corp. | Add +98.3% | 0.83% | +0.34 |
| NFLX Netflix Inc. | Add +1.5% | 1.85% | +0.32 |
| IIPR Innovative Industrial Proper | New | 0.30% | +0.30 |
| LRCX Lam Research Corp. | Add +54.4% | 0.71% | +0.30 |
| F Ford Motor Co. | New | 0.29% | +0.29 |
| C Citigroup Inc. | New | 0.27% | +0.27 |
| DFAU Dimensional US Core Equity M | New | 0.24% | +0.24 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.24% | +0.24 |
| FSK FS KKR Capital Corp. | New | 0.24% | +0.24 |
| CNQ Canadian Natural Resources | New | 0.21% | +0.21 |
| AB Alliancebernstein Holding LP | New | 0.19% | +0.19 |
| PFE Pfizer Inc. | New | 0.19% | +0.19 |
| ED Consolidated Edison Inc. | New | 0.18% | +0.18 |
| CSCO Cisco Systems Inc. | Add +144.3% | 0.30% | +0.17 |
| MS Morgan Stanley | New | 0.12% | +0.12 |
| XLC SS Comm Select Sector SPDR | New | 0.11% | +0.11 |
| GD General Dynamics Corp. | Add +19.4% | 1.05% | +0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.9% | 2.00% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 2.93% | −0.02 |
| OGE Oge Energy Corp. | Add +1.0% | 0.10% | −0.02 |
| ACMR Acm Research Inc. Class A | Add +1.6% | 0.48% | −0.03 |
| MDY State Street SPDR S&P Midcap | Add +2.7% | 0.35% | −0.04 |
| CI The Cigna Group | Add +1.4% | 0.25% | −0.05 |
| GOOGL Alphabet Inc. Class A | Add +3.3% | 3.42% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 118 | $289.2M | NVDA, SPY, AAPL, GOOGL, QQQM |
| Q1 2026 | 100 | $228.1M | SPY, NVDA, MSFT, DYNF, AAPL |
| Q3 2025 | 88 | $213.6M | SPY, NVDA, MSFT, AAPL, GOOGL |
| Q2 2025 | 92 | $191.7M | SPY, MSFT, NVDA, AAPL, AMZN |
| Q1 2025 | 83 | $159.2M | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q4 2024 | 85 | $164.4M | AAPL, MSFT, SPY, NVDA, AMZN |
| Q3 2024 | 93 | $152.5M | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 93 | $131.9M | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q1 2024 | 100 | $125.0M | MSFT, AAPL, GOOGL, NVDA, AMZN |