FCG Investment Co

Germantown, TN · CIK 2011697 · 13F filing filed 2025-07-16

SEC-registered investment adviser since 2020 · partnership

Assets managed$568.2m
Staff11 · 10 in investment roles
Main clients (by assets)Pension plans 49%, High net worth individuals 34%, Individuals 17%
Websitefcgtn.com
Form ADV · 2026-09-23SEC adviser record

$191.7m reported value +20.4% vs Q1 2025

92positions

51.4%in top 10

34 new 20 added 37 reduced 25 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	34,078	$21.1m10.99%	10.99%	Added +33.4k	+33,400 4926.2%
2	MICROSOFT CORP COM MSFT	MSFT	30,397	$15.1m7.89%	7.89%	Reduced -985	-985 -3.1%
3	NVIDIA CORPORATION COM NVDA	NVDA	86,779	$13.7m7.15%	7.15%	Added +4.4k	+4,424 5.4%
4	APPLE INC COM AAPL	AAPL	55,074	$11.3m5.90%	5.90%	Reduced -3.7k	-3,656 -6.2%
5	AMAZON COM INC COM AMZN	AMZN	34,476	$7.6m3.95%	3.95%	Added +278	+278 0.8%
6	META PLATFORMS INC CL A META	META	9,281	$6.9m3.57%	3.57%	Reduced -359	-359 -3.7%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	37,212	$6.6m3.42%	3.42%	Added +1.2k	+1,177 3.3%
8	BROADCOM INC COM AVGO	AVGO	20,956	$5.8m3.01%	3.01%	Reduced -1.8k	-1,761 -7.8%
9	JPMORGAN CHASE & CO COM JPM	JPM	19,398	$5.6m2.93%	2.93%	Added +253	+253 1.3%
10	CADENCE BANK COM BXS	BXS	152,525	$4.9m2.54%	2.54%	New
11	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	40,145	$3.8m2.00%	2.00%	Added +755	+755 1.9%
12	NETFLIX INC COM NFLX	NFLX	2,641	$3.5m1.85%	1.85%	Added +39	+39 1.5%
13	WALMART INC COM WMT	WMT	34,905	$3.4m1.78%	1.78%	Reduced -3.3k	-3,261 -8.5%
14	COSTCO WHSL CORP NEW COM COST	COST	3,277	$3.2m1.69%	1.69%	Reduced -320	-320 -8.9%
15	VISA INC COM CL A V	V	7,992	$2.8m1.48%	1.48%	Reduced -2.2k	-2,249 -22.0%
16	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	9,341	$2.8m1.44%	1.44%	Added +4.0k	+4,017 75.5%
17	EXXON MOBIL CORP COM XOM	XOM	24,554	$2.6m1.38%	1.38%	Reduced -6.3k	-6,323 -20.5%
18	GILEAD SCIENCES INC COM GILD	GILD	21,931	$2.4m1.27%	1.27%	Added +1.4k	+1,365 6.6%
19	NRG ENERGY INC COM NEW NRG	NRG	13,912	$2.2m1.17%	1.17%	Reduced -5.4k	-5,360 -27.8%
20	ABBVIE INC COM ABBV	ABBV	11,881	$2.2m1.15%	1.15%	Reduced -845	-845 -6.6%
21	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	39,584	$2.1m1.08%	1.08%	Added +2.2k	+2,188 5.8%
22	MASTERCARD INCORPORATED CL A MA	MA	3,636	$2.0m1.07%	1.07%	Reduced -763	-763 -17.3%
23	GENERAL DYNAMICS CORP COM GD	GD	6,914	$2.0m1.05%	1.05%	Added +1.1k	+1,122 19.4%
24	ELI LILLY & CO COM LLY	LLY	2,555	$2.0m1.04%	1.04%	Added +48	+48 1.9%
25	JOHNSON & JOHNSON COM JNJ	JNJ	12,535	$1.9m1.00%	1.00%	Reduced -3.5k	-3,508 -21.9%
26	VERIZON COMMUNICATIONS INC COM VZ	VZ	39,692	$1.7m0.90%	0.90%	Added +31.8k	+31,765 400.7%
27	LOCKHEED MARTIN CORP COM LMT	LMT	3,430	$1.6m0.83%	0.83%	Added +1.7k	+1,700 98.3%
28	GOLDMAN SACHS GROUP INC COM GS	GS	2,195	$1.6m0.81%	0.81%	Reduced -499	-499 -18.5%
29	TESLA INC COM TSLA	TSLA	4,830	$1.5m0.80%	0.80%	Reduced -3.5k	-3,509 -42.1%
30	FORTINET INC COM FTNT	FTNT	14,044	$1.5m0.77%	0.77%	Reduced -11.5k	-11,528 -45.1%
31	LAM RESEARCH CORP COM NEW LRCX	LRCX	13,924	$1.4m0.71%	0.71%	Added +4.9k	+4,908 54.4%
32	BOOKING HOLDINGS INC COM BKNG	BKNG	228	$1.3m0.69%	0.69%	Reduced -69	-69 -23.2%
33	DARDEN RESTAURANTS INC COM DRI	DRI	5,999	$1.3m0.68%	0.68%	New
34	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	9,554	$1.3m0.68%	0.68%	New
35	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	2,276	$1.2m0.65%	0.65%	Reduced -535	-535 -19.0%
36	ALTRIA GROUP INC COM MO	MO	21,091	$1.2m0.65%	0.65%	New
37	NORTHROP GRUMMAN CORP COM NOC	NOC	2,388	$1.2m0.62%	0.62%	Reduced -387	-387 -13.9%
38	CUMMINS INC COM CMI	CMI	3,597	$1.2m0.61%	0.61%	New
39	DTE ENERGY CO COM DTE	DTE	8,747	$1.2m0.60%	0.60%	New
40	SALESFORCE INC COM CRM	CRM	3,961	$1.1m0.56%	0.56%	Reduced -3.7k	-3,693 -48.2%
41	DORIAN LPG LTD SHS USD LPG	LPG	43,700	$1.1m0.56%	0.56%	New
42	SYNCHRONY FINANCIAL COM SYF	SYF	15,835	$1.1m0.55%	0.55%	Reduced -6.2k	-6,176 -28.1%
43	BANK NEW YORK MELLON CORP COM BNY	BNY	11,356	$1.0m0.54%	0.54%	Reduced -5.1k	-5,075 -30.9%
44	AMERICAN FINL GROUP INC OHIO COM AFG	AFG	8,141	$1.0m0.54%	0.54%	Reduced -862	-862 -9.6%
45	COCA-COLA FEMSA SAB DE CV SPONS ADS REP KOF	KOF	10,471	$1.0m0.53%	0.53%	New
46	BLACKROCK INC COM BLK	BLK	950	$996.8k0.52%	0.52%	Reduced -421	-421 -30.7%
47	GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B ASR	ASR	3,019	$962.7k0.50%	0.50%	New
48	ACM RESH INC COM CL A ACMR	ACMR	35,877	$929.2k0.48%	0.48%	Added +577	+577 1.6%
49	SPDR SER TR PRTFLO S&P500 HI SPYD	SPYD	21,856	$927.6k0.48%	0.48%	New
50	PAYPAL HLDGS INC COM PYPL	PYPL	12,410	$922.3k0.48%	0.48%	Reduced -6.6k	-6,577 -34.6%
51	EXELON CORP COM EXC	EXC	20,624	$895.5k0.47%	0.47%	New
52	CONSTELLATION ENERGY CORP COM CEG	CEG	2,702	$872.1k0.46%	0.46%	New
53	EXELIXIS INC COM EXEL	EXEL	19,694	$868.0k0.45%	0.45%	New
54	SUNCOR ENERGY INC NEW COM SU	SU	23,121	$865.9k0.45%	0.45%	Reduced -14.5k	-14,507 -38.5%
55	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	7,487	$863.6k0.45%	0.45%	New
56	DEUTSCHE BANK A G NAMEN AKT DB	DB	29,380	$860.2k0.45%	0.45%	New
57	MGIC INVT CORP WIS COM MTG	MTG	30,375	$845.6k0.44%	0.44%	New
58	F5 INC COM FFIV	FFIV	2,807	$826.2k0.43%	0.43%	New
59	RTX CORPORATION COM RTX	RTX	5,579	$814.6k0.43%	0.43%	New
60	OWENS CORNING NEW COM OC	OC	5,884	$809.2k0.42%	0.42%	Reduced -1.6k	-1,581 -21.2%
61	INTERDIGITAL INC COM IDCC	IDCC	3,605	$808.3k0.42%	0.42%	New
62	PAYMENTUS HOLDINGS INC COM CL A PAY	PAY	24,154	$791.0k0.41%	0.41%	New
63	EBAY INC. COM EBAY	EBAY	10,622	$790.9k0.41%	0.41%	New
64	EQUINIX INC COM EQIX	EQIX	977	$777.2k0.41%	0.41%	Reduced -359	-359 -26.9%
65	APPLOVIN CORP COM CL A APP	APP	2,173	$760.7k0.40%	0.40%	New
66	HOME DEPOT INC COM HD	HD	1,926	$706.1k0.37%	0.37%	Reduced -59	-59 -3.0%
67	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	1,190	$674.1k0.35%	0.35%	Added +31	+31 2.7%
68	BWX TECHNOLOGIES INC COM BWXT	BWXT	4,408	$635.0k0.33%	0.33%	Reduced -1.1k	-1,149 -20.7%
69	INNOVATIVE INDL PPTYS INC COM IIPR	IIPR	10,494	$579.5k0.30%	0.30%	New
70	CISCO SYS INC COM CSCO	CSCO	8,207	$569.4k0.30%	0.30%	Added +4.8k	+4,847 144.3%
71	FORD MTR CO COM F	F	51,185	$555.4k0.29%	0.29%	New
72	CITIGROUP INC COM NEW C	C	6,171	$525.3k0.27%	0.27%	New
73	AUTOZONE INC COM AZO	AZO	135	$501.2k0.26%	0.26%	Unchanged
74	THE CIGNA GROUP COM CI	CI	1,468	$485.3k0.25%	0.25%	Added +20	+20 1.4%
75	DIMENSIONAL ETF TRUST US CORE EQT MKT DFAU	DFAU	10,992	$465.6k0.24%	0.24%	New
76	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	10,022	$463.9k0.24%	0.24%	Reduced -530	-530 -5.0%
77	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	36,176	$452.6k0.24%	0.24%	New
78	FS KKR CAP CORP COM FSK	FSK	21,723	$450.8k0.24%	0.24%	New
79	CANADIAN NAT RES LTD COM CNQ	CNQ	13,010	$408.5k0.21%	0.21%	New
80	ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN AB	AB	8,873	$362.3k0.19%	0.19%	New
81	HUNTINGTON BANCSHARES INC COM HBAN	HBAN	21,443	$359.4k0.19%	0.19%	Reduced -3.1k	-3,111 -12.7%
82	PFIZER INC COM PFE	PFE	14,681	$355.9k0.19%	0.19%	New
83	CONSOLIDATED EDISON INC COM ED	ED	3,511	$352.3k0.18%	0.18%	New
84	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	1,367	$346.2k0.18%	0.18%	Reduced -456	-456 -25.0%
85	AT&T INC COM T	T	11,812	$341.8k0.18%	0.18%	Reduced -9.1k	-9,106 -43.5%
86	DELL TECHNOLOGIES INC CL C DELL	DELL	2,751	$337.3k0.18%	0.18%	Reduced -10.6k	-10,560 -79.3%
87	NUCOR CORP COM NUE	NUE	2,578	$334.0k0.17%	0.17%	Reduced -8.0k	-7,973 -75.6%
88	SOUTHERN CO COM SO	SO	3,292	$302.3k0.16%	0.16%	Reduced -4.9k	-4,914 -59.9%
89	RIO TINTO PLC SPONSORED ADR RIO	RIO	3,950	$230.4k0.12%	0.12%	Reduced -10.3k	-10,254 -72.2%
90	MORGAN STANLEY COM NEW MS	MS	1,594	$224.5k0.12%	0.12%	New
91	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	1,970	$213.8k0.11%	0.11%	New
92	OGE ENERGY CORP COM OGE	OGE	4,512	$200.2k0.10%	0.10%	Added +45	+45 1.0%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
TJX COS INC NEW TJX	TJX	21,510	$2.6m21.5k shares
QUALCOMM INC QCOM	QCOM	11,659	$1.8m11.7k shares
GSK PLC GSK	GSK	44,626	$1.7m44.6k shares
GENERAL MTRS CO GM	GM	36,026	$1.7m36.0k shares
T-MOBILE US INC TMUS	TMUS	5,938	$1.6m5.9k shares
FLOWSERVE CORP FLS	FLS	32,378	$1.6m32.4k shares
UNITED THERAPEUTICS CORP DEL UTHR	UTHR	5,026	$1.5m5.0k shares
STRYKER CORPORATION SYK	SYK	3,769	$1.4m3.8k shares
ARISTA NETWORKS INC ANET	ANET	17,885	$1.4m17.9k shares
CF INDS HLDGS INC CF	CF	17,413	$1.4m17.4k shares
ONEOK INC NEW OKE	OKE	12,940	$1.3m12.9k shares
AUTODESK INC ADSK	ADSK	4,704	$1.2m4.7k shares
A10 NETWORKS INC ATEN	ATEN	70,357	$1.1m70.4k shares
APPLIED MATLS INC AMAT	AMAT	7,072	$1.0m7.1k shares
PULTE GROUP INC PHM	PHM	8,083	$830.9k8.1k shares
VICI PPTYS INC VICI	VICI	18,469	$602.5k18.5k shares
SEALED AIR CORP NEW		19,060	$550.8k19.1k shares
HP INC HPQ	HPQ	19,621	$543.3k19.6k shares
UNITED STS LIME & MINERALS I USLM	USLM	5,624	$497.0k5.6k shares
TEXAS ROADHOUSE INC TXRH	TXRH	2,381	$396.7k2.4k shares
GUARANTY BANCSHARES INC TEX GNTY	GNTY	9,487	$379.8k9.5k shares
MEDTRONIC PLC MDT	MDT	4,152	$373.1k4.2k shares
LENNAR CORP LEN	LEN	3,126	$358.8k3.1k shares
INTERNATIONAL PAPER CO IP	IP	3,985	$212.6k4.0k shares
REGIONS FINANCIAL CORP NEW RF	RF	9,459	$205.5k9.5k shares