FCG Investment Co
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 8, 2025), FCG Investment Co reported 88 stock positions worth $213.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.5% of the portfolio, followed by Nvidia (NVDA, 8.1%) and Microsoft (MSFT, 8.0%). Compared with Q2 2025, it opened 6 new positions, sold out of 10, added to 55 and reduced 23. The biggest buy was a new position in Bloom Energy Class A (BE) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- Germantown, TN
- CIK
- 0002011697
- Portfolio Value
- $213.6M (Q3 2025)
- SEC Filing
- 0002085853-25-000033 ↗ filed Oct 8, 2025
Holdings Value
Holdings 88 stocks · $213.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.55% | 30,610 | $20.4M | Reduce -10.2% |
| NVDA Nvidia Corp. | 8.09% | 92,595 | $17.3M | Add +6.7% |
| MSFT Microsoft Corp. | 7.95% | 32,788 | $17.0M | Add +7.9% |
| AAPL Apple Inc. | 6.60% | 55,382 | $14.1M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 4.32% | 37,926 | $9.2M | Add +1.9% |
| AMZN Amazon.com Inc. | 3.78% | 36,747 | $8.1M | Add +6.6% |
| AVGO Broadcom Inc. | 3.29% | 21,309 | $7.0M | Add +1.7% |
| META Meta Platforms Inc. Class A | 3.12% | 9,062 | $6.7M | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 2.89% | 19,539 | $6.2M | Add +0.7% |
| CADE Cadence Bank | 2.68% | 152,525 | $5.7M | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.09% | 42,626 | $4.5M | Add +6.2% |
| NFLX Netflix Inc. | 1.61% | 2,866 | $3.4M | Add +8.5% |
| BE Bloom Energy Corp. Class A | 1.46% | 36,849 | $3.1M | New |
| V Visa Inc. Class A | 1.39% | 8,713 | $3.0M | Add +9.0% |
| WMT Walmart Inc. | 1.39% | 28,717 | $3.0M | Reduce -17.7% |
| APP AppLovin Corp. Class A | 1.31% | 3,886 | $2.8M | Add +78.8% |
| COST Costco Wholesale Corp. | 1.24% | 2,867 | $2.7M | Reduce -12.5% |
| ABBV Abbvie Inc. | 1.22% | 11,296 | $2.6M | Reduce -4.9% |
| PLTR Palantir Technologies Inc. Class A | 1.22% | 14,233 | $2.6M | Add +49.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.12% | 43,111 | $2.4M | Add +8.9% |
| GILD Gilead Sciences Inc. | 1.11% | 21,285 | $2.4M | Reduce -3.0% |
| IDCC Interdigital Inc. | 1.00% | 6,197 | $2.1M | Add +71.9% |
| LRCX Lam Research Corp. | 0.99% | 15,737 | $2.1M | Add +13.0% |
| XOM Exxon Mobil Corp. | 0.99% | 18,665 | $2.1M | Reduce -24.0% |
| GD General Dynamics Corp. | 0.96% | 5,984 | $2.0M | Reduce -13.4% |
| LLY Eli Lilly & Co. | 0.94% | 2,645 | $2.0M | Add +3.5% |
| VZ Verizon Communications Inc. | 0.94% | 45,539 | $2.0M | Add +14.7% |
| SYF Synchrony Financial | 0.92% | 27,768 | $2.0M | Add +75.4% |
| LMT Lockheed Martin Corp. | 0.92% | 3,949 | $2.0M | Add +15.1% |
| GS Goldman Sachs Group Inc. | 0.88% | 2,348 | $1.9M | Add +7.0% |
| DB Deutsche Bank AG-Registered | 0.86% | 51,626 | $1.8M | Add +75.7% |
| JNJ Johnson & Johnson | 0.85% | 9,780 | $1.8M | Reduce -22.0% |
| NRG NRG Energy Inc. | 0.82% | 10,818 | $1.8M | Reduce -22.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.82% | 16,059 | $1.7M | Add +41.4% |
| MO Altria Group Inc. | 0.78% | 25,202 | $1.7M | Add +19.5% |
| CMI Cummins Inc. | 0.78% | 3,920 | $1.7M | Add +9.0% |
| MA Mastercard Inc. Class A | 0.75% | 2,816 | $1.6M | Reduce -22.6% |
| HD Home Depot Inc. | 0.74% | 3,882 | $1.6M | Add +101.6% |
| FFIV F5 Inc. | 0.71% | 4,693 | $1.5M | Add +67.2% |
| DTE DTE Energy Company | 0.67% | 10,156 | $1.4M | Add +16.1% |
| LPG Dorian LPG Ltd. | 0.65% | 46,416 | $1.4M | Add +6.2% |
| NUE Nucor Corp. | 0.63% | 9,921 | $1.3M | Add +284.8% |
| NOC Northrop Grumman Corp. | 0.63% | 2,198 | $1.3M | Reduce -8.0% |
| AFG American Financial Group Inc. | 0.62% | 9,108 | $1.3M | Add +11.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.61% | 4,580 | $1.3M | Reduce -51.0% |
| ISRG Intuitive Surgical Inc. | 0.56% | 2,657 | $1.2M | Add +16.7% |
| DRI Darden Restaurants Inc. | 0.55% | 6,200 | $1.2M | Add +3.4% |
| EXC Exelon Corp. | 0.54% | 25,714 | $1.2M | Add +24.7% |
| ASR Grupo Aeroportuario Sur-ADR | 0.54% | 3,555 | $1.1M | Add +17.8% |
| EBAY eBay Inc. | 0.54% | 12,637 | $1.1M | Add +19.0% |
| RTX RTX Corp. | 0.53% | 6,708 | $1.1M | Add +20.2% |
| CEG Constellation Energy | 0.52% | 3,405 | $1.1M | Add +26.0% |
| ACMR Acm Research Inc. Class A | 0.51% | 27,700 | $1.1M | Reduce -22.8% |
| MTG Mgic Investment Corp. | 0.49% | 36,889 | $1.0M | Add +21.4% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.45% | 21,856 | $962K | No change |
| PAY Paymentus Holdings Inc. Class A | 0.44% | 30,947 | $947K | Add +28.1% |
| OC Owens Corning | 0.44% | 6,677 | $945K | Add +13.5% |
| EXEL Exelixis Inc. | 0.39% | 20,302 | $838K | Add +3.1% |
| IIPR Innovative Industrial Proper | 0.37% | 14,880 | $797K | Add +41.8% |
| MDY State Street SPDR S&P Midcap | 0.34% | 1,226 | $731K | Add +3.0% |
| SU Suncor Energy Inc. | 0.34% | 17,460 | $730K | Reduce -24.5% |
| XLV SS Health Care Select Sector | 0.34% | 5,237 | $729K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.32% | 57,165 | $684K | Add +11.7% |
| C Citigroup Inc. | 0.30% | 6,405 | $650K | Add +3.8% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 13,493 | $609K | Add +34.6% |
| AZO AutoZone Inc. | 0.27% | 135 | $579K | No change |
| CSCO Cisco Systems Inc. | 0.26% | 8,209 | $562K | Add +0.0% |
| CALM Cal-Maine Foods Inc. | 0.26% | 5,932 | $558K | New |
| BWXT BWX Technologies Inc. | 0.25% | 2,845 | $525K | Reduce -35.5% |
| XLK SS Technology Select Sector | 0.25% | 1,859 | $524K | Add +36.0% |
| DFAU Dimensional US Core Equity M | 0.24% | 10,992 | $503K | No change |
| SMR Nuscale Power Corp. | 0.23% | 13,656 | $492K | New |
| AB Alliancebernstein Holding LP | 0.22% | 12,455 | $476K | Add +40.4% |
| CNQ Canadian Natural Resources | 0.22% | 14,672 | $469K | Add +12.8% |
| CSWC Capital Southwest Corp. | 0.20% | 19,314 | $422K | New |
| CI The Cigna Group | 0.20% | 1,461 | $421K | Reduce -0.5% |
| HBAN Huntington Bancshares Inc. | 0.20% | 24,254 | $419K | Add +13.1% |
| DELL Dell Technologies -C | 0.18% | 2,642 | $375K | Reduce -4.0% |
| ED Consolidated Edison Inc. | 0.17% | 3,681 | $370K | Add +4.8% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.17% | 4,297 | $357K | Reduce -59.0% |
| XLC SS Comm Select Sector SPDR | 0.16% | 2,909 | $344K | Add +47.7% |
| FSK FS KKR Capital Corp. | 0.16% | 22,316 | $333K | Add +2.7% |
| SO The Southern Co. | 0.15% | 3,393 | $322K | Add +3.1% |
| PFE Pfizer Inc. | 0.14% | 11,889 | $303K | Reduce -19.0% |
| MS Morgan Stanley | 0.11% | 1,527 | $243K | Reduce -4.2% |
| T AT&T Inc. | 0.11% | 8,580 | $242K | Reduce -27.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.10% | 3,397 | $224K | Reduce -14.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.10% | 2,469 | $215K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.2% | 9.55% | −1.44 |
| IBM Intl Business Machines Corp. | Reduce -51.0% | 0.61% | −0.83 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.80 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.77 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.69 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.56 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.52 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.48 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 3.12% | −0.46 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.45 |
| COST Costco Wholesale Corp. | Reduce -12.5% | 1.24% | −0.45 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.41 |
| XOM Exxon Mobil Corp. | Reduce -24.0% | 0.99% | −0.40 |
| WMT Walmart Inc. | Reduce -17.7% | 1.39% | −0.39 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -59.0% | 0.17% | −0.36 |
| NRG NRG Energy Inc. | Reduce -22.2% | 0.82% | −0.35 |
| MA Mastercard Inc. Class A | Reduce -22.6% | 0.75% | −0.32 |
| PBR Petroleo Brasileiro-Spon ADR | Sold out | 0.00% | −0.24 |
| GILD Gilead Sciences Inc. | Reduce -3.0% | 1.11% | −0.16 |
| JNJ Johnson & Johnson | Reduce -22.0% | 0.85% | −0.15 |
| SU Suncor Energy Inc. | Reduce -24.5% | 0.34% | −0.11 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.10 |
| GD General Dynamics Corp. | Reduce -13.4% | 0.96% | −0.10 |
| BWXT BWX Technologies Inc. | Reduce -35.5% | 0.25% | −0.09 |
| T AT&T Inc. | Reduce -27.4% | 0.11% | −0.06 |
| CI The Cigna Group | Reduce -0.5% | 0.20% | −0.06 |
| PFE Pfizer Inc. | Reduce -19.0% | 0.14% | −0.04 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -14.0% | 0.10% | −0.02 |
| MS Morgan Stanley | Reduce -4.2% | 0.11% | −0.00 |
| DELL Dell Technologies -C | Reduce -4.0% | 0.18% | −0.00 |
| NOC Northrop Grumman Corp. | Reduce -8.0% | 0.63% | +0.00 |
| ACMR Acm Research Inc. Class A | Reduce -22.8% | 0.51% | +0.02 |
| ABBV Abbvie Inc. | Reduce -4.9% | 1.22% | +0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| BE Bloom Energy Corp. Class A | New | 1.46% | +1.46 |
| NVDA Nvidia Corp. | Add +6.7% | 8.09% | +0.94 |
| APP AppLovin Corp. Class A | Add +78.8% | 1.31% | +0.91 |
| GOOGL Alphabet Inc. Class A | Add +1.9% | 4.32% | +0.90 |
| AAPL Apple Inc. | Add +0.6% | 6.60% | +0.71 |
| IDCC Interdigital Inc. | Add +71.9% | 1.00% | +0.58 |
| PLTR Palantir Technologies Inc. Class A | Add +49.0% | 1.22% | +0.54 |
| NUE Nucor Corp. | Add +284.8% | 0.63% | +0.45 |
| DB Deutsche Bank AG-Registered | Add +75.7% | 0.86% | +0.41 |
| SYF Synchrony Financial | Add +75.4% | 0.92% | +0.37 |
| HD Home Depot Inc. | Add +101.6% | 0.74% | +0.37 |
| XLV SS Health Care Select Sector | New | 0.34% | +0.34 |
| BNY Bank of New York Mellon Corp. | Add +41.4% | 0.82% | +0.28 |
| LRCX Lam Research Corp. | Add +13.0% | 0.99% | +0.28 |
| FFIV F5 Inc. | Add +67.2% | 0.71% | +0.28 |
| AVGO Broadcom Inc. | Add +1.7% | 3.29% | +0.28 |
| CALM Cal-Maine Foods Inc. | New | 0.26% | +0.26 |
| SMR Nuscale Power Corp. | New | 0.23% | +0.23 |
| CSWC Capital Southwest Corp. | New | 0.20% | +0.20 |
| CMI Cummins Inc. | Add +9.0% | 0.78% | +0.16 |
| MO Altria Group Inc. | Add +19.5% | 0.78% | +0.13 |
| EBAY eBay Inc. | Add +19.0% | 0.54% | +0.13 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.10% | +0.10 |
| RTX RTX Corp. | Add +20.2% | 0.53% | +0.10 |
| LMT Lockheed Martin Corp. | Add +15.1% | 0.92% | +0.09 |
| LPG Dorian LPG Ltd. | Add +6.2% | 0.65% | +0.09 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +6.2% | 2.09% | +0.09 |
| AFG American Financial Group Inc. | Add +11.9% | 0.62% | +0.09 |
| EXC Exelon Corp. | Add +24.7% | 0.54% | +0.07 |
| IIPR Innovative Industrial Proper | Add +41.8% | 0.37% | +0.07 |
| CEG Constellation Energy | Add +26.0% | 0.52% | +0.07 |
| DTE DTE Energy Company | Add +16.1% | 0.67% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +7.0% | 0.88% | +0.07 |
| XLK SS Technology Select Sector | Add +36.0% | 0.25% | +0.06 |
| MSFT Microsoft Corp. | Add +7.9% | 7.95% | +0.06 |
| XLC SS Comm Select Sector SPDR | Add +47.7% | 0.16% | +0.05 |
| MTG Mgic Investment Corp. | Add +21.4% | 0.49% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +34.6% | 0.28% | +0.04 |
| VZ Verizon Communications Inc. | Add +14.7% | 0.94% | +0.04 |
| ASR Grupo Aeroportuario Sur-ADR | Add +17.8% | 0.54% | +0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +8.9% | 1.12% | +0.04 |
| AB Alliancebernstein Holding LP | Add +40.4% | 0.22% | +0.03 |
| PAY Paymentus Holdings Inc. Class A | Add +28.1% | 0.44% | +0.03 |
| C Citigroup Inc. | Add +3.8% | 0.30% | +0.03 |
| F Ford Motor Co. | Add +11.7% | 0.32% | +0.03 |
| OC Owens Corning | Add +13.5% | 0.44% | +0.02 |
| HBAN Huntington Bancshares Inc. | Add +13.1% | 0.20% | +0.01 |
| CNQ Canadian Natural Resources | Add +12.8% | 0.22% | +0.01 |
| SO The Southern Co. | Add +3.1% | 0.15% | −0.01 |
| MDY State Street SPDR S&P Midcap | Add +3.0% | 0.34% | −0.01 |
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 |