SHELTON CAPITAL MANAGEMENT

CIK

1002784

Location

Denver, CO

Portfolio Value

Mid $4,383,502,560

Diversification

Diversified

Filing Date

Global Rank

#734 / 8,603 ▼ 39 · as of Mar 2026

Top Industry

Semiconductors 15.6%

3Y Alpha vs SPY

-1.6%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+69.9%

SPY

+76.0%

Annualised alpha

-1.4%

Max drawdown

−21.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

667 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.6%

+0.1 pts

Top 5

28.8%

+0.4 pts

Top 10

40.0%

+1.0 pts

HHI

251

Diversified+8

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	44.4%	$1,944,213,209	119
Consumer Cyclical	10.9%	$476,740,123	64
Communication Services	10.7%	$470,491,379	22
Industrials	7.3%	$318,772,492	125
Healthcare	7.0%	$304,859,231	64
Financial Services	6.5%	$284,089,647	104
Consumer Defensive	6.3%	$275,244,894	36
Utilities	2.2%	$96,463,637	28
Energy	2.1%	$93,565,022	38
Basic Materials	1.7%	$76,613,607	29
Real Estate	0.9%	$37,890,134	36
Unclassified	0.1%	$4,559,185	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WMT	Walmart Inc.	+371,011	779,702	$96,901,364
COP	Conocophillips	+195,610	275,653	$36,386,196
FCX	Freeport-Mcmoran Inc	+195,055	203,006	$11,932,692
MSFT	Microsoft Corp	+108,680	671,201	$248,458,474
CNP	Centerpoint Energy Inc	+85,902	342,103	$14,765,165
NFLX	Netflix Inc	+57,051	831,964	$79,993,338
DUK	Duke Energy CORP	+53,058	87,830	$11,500,460
ABNB	Airbnb, Inc.	+46,390	96,083	$12,133,361
NTAP	NetApp, Inc.	+44,694	349,483	$35,783,564
AKAM	Akamai Technologies Inc	+36,500	235,631	$27,062,220
WFC	Wells Fargo & Company/Mn	+33,343	65,572	$5,220,186
BAC	Bank Of America Corp /De/	+33,077	490,613	$23,917,383
ANET	Arista Networks, Inc.	+30,489	318,970	$39,163,136
UPS	United Parcel Service Inc	+27,109	34,268	$3,371,285
SYF	Synchrony Financial	+27,019	145,709	$9,911,126
MNST	Monster Beverage Corp	+25,625	279,954	$20,285,466
RTX	RTX Corp	+22,158	138,001	$26,620,392
PNC	Pnc Financial Services Group, Inc.	+20,434	22,577	$4,698,047
TSLA	Tesla, Inc.	+18,811	270,635	$100,608,561
INFY	Infosys Ltd	+16,179	78,741	$1,063,790
PLTR	Palantir Technologies Inc.	+13,453	307,405	$44,967,203
ORLY	O Reilly Automotive Inc	+12,226	252,772	$23,333,383
GD	General Dynamics Corp	+10,960	12,343	$4,236,364
LDOS	Leidos Holdings, Inc.	+10,600	27,097	$4,214,125
AXP	American Express Co	+9,847	48,534	$14,680,564
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LUV	Southwest Airlines Co	−439,168	472,087	$17,736,308
VICI	Vici Properties Inc.	−342,393	399,450	$10,912,974
VZ	Verizon Communications Inc	−271,040	423,189	$21,244,087
NEM	NEWMONT Corp /DE/	−245,535	8,081	$874,768
LRCX	Lam Research Corp	−234,704	264,254	$56,460,509
KO	Coca Cola Co	−230,447	227,088	$17,270,042
AFL	Aflac Inc	−207,950	206,419	$22,646,228
EBAY	Ebay Inc	−199,732	246,948	$22,477,206
CTSH	Cognizant Technology Solutions Corp	−182,999	377,199	$23,141,158
DIS	Walt Disney Co	−148,122	413,104	$39,814,963
T	At&T Inc.	−125,439	205,662	$5,962,141
CSCO	Cisco Systems, Inc.	−124,339	901,284	$69,930,625
CVS	CVS HEALTH Corp	−118,561	325,336	$23,365,631
BSX	Boston Scientific Corp	−107,641	232,453	$14,586,425
SO	Southern Co	−94,469	19,014	$1,835,231
MS	Morgan Stanley	−88,142	75,237	$12,381,753
BMY	Bristol Myers Squibb Co	−85,567	147,026	$8,917,126
NUE	Nucor Corp	−71,900	17,950	$3,035,345
JNJ	Johnson & Johnson	−64,093	62,062	$15,170,435
WIT	Wipro Ltd	−51,600	49,300	$104,516
C	Citigroup Inc	−46,069	105,353	$11,948,083
GLW	Corning Inc /Ny	−42,087	5,277	$717,513
NVDA	Nvidia Corp	−41,971	2,114,490	$368,767,056
AAPL	Apple Inc.	−36,282	1,489,689	$378,068,171
CL	Colgate Palmolive Co	−35,467	54,717	$4,663,529
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HAL	Halliburton Co	128,458	$5,008,577
VSNT	Versant Media Group, Inc.	22,649	$838,465
ETOR	eToro Group Ltd.	21,200	$636,636
PNFP	Pinnacle Financial Partners, Inc.	4,933	$424,928
BWA	Borgwarner Inc	7,054	$382,750
SPXC	SPX Technologies, Inc.	1,710	$341,897
MIR	Mirion Technologies, Inc.	18,164	$337,668
BAH	Booz Allen Hamilton Holding Corp	4,018	$313,524
GLBE	Global-E Online Ltd.	9,900	$305,415
O	Realty Income Corp	4,878	$298,436
VNOM	Viper Energy, Inc.	6,126	$287,860
OXY	Occidental Petroleum Corp /De/	4,419	$287,235
AHR	American Healthcare REIT, Inc.	5,885	$277,536
CHRD	Chord Energy Corp	1,910	$271,563
FIX	Comfort Systems USA Inc	193	$266,145
ESI	Element Solutions Inc	7,711	$263,253
UGI	Ugi Corp /Pa/	7,208	$262,515
VIAV	Viavi Solutions Inc.	7,865	$261,747
KEYS	Keysight Technologies, Inc.	910	$256,956
MTDR	Matador Resources Co	3,983	$251,645
ARW	Arrow Electronics, Inc.	1,717	$246,234
TER	Teradyne, Inc	829	$245,765
SM	SM Energy Co	7,843	$244,544
FORM	Formfactor Inc	2,516	$244,026
MOH	Molina Healthcare, Inc.	1,800	$239,940
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TXN	Texas Instruments Inc	136,133	$23,617,714
WLDN	Willdan Group, Inc.	100,000	$10,366,000
DVA	Davita Inc.	24,154	$2,744,135
IRM	Iron Mountain Inc	25,663	$2,128,745
SHW	Sherwin Williams Co	5,446	$1,764,667
COIN	Coinbase Global, Inc.	7,130	$1,612,378
TPL	Texas Pacific Land Corp	4,818	$1,383,825
CP	Canadian Pacific Kansas City Ltd/Cn	13,450	$990,323
RYZ	Ryerson Holding Corp	26,624	$669,859
FIZZ	National Beverage Corp	19,083	$608,556
CNI	Canadian National Railway Co	4,980	$492,273
ECHO	EchoStar CORP	4,384	$476,540
KKR	KKR & Co. Inc.	3,668	$467,596
HL	Hecla Mining Co/De/	22,948	$440,372
ENSG	Ensign Group, Inc	1,911	$332,896
ASAN	Asana, Inc.	22,925	$314,301
ROIV	Roivant Sciences Ltd.	13,285	$288,284
MRNA	Moderna, Inc.	9,493	$279,948
LAD	Lithia Motors Inc	800	$265,864
PHIN	Phinia Inc.	4,160	$260,790
JKHY	Jack Henry & Associates Inc	1,412	$257,661
AVAV	AeroVironment Inc	1,061	$256,645
CELH	Celsius Holdings, Inc.	5,523	$252,622
LNC	Lincoln National Corp	5,506	$245,182
FBIN	Fortune Brands Innovations, Inc.	4,853	$242,747
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

667 positions · $4,383,502,560 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 667 positions by value · page 1 of 14

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	1,489,689	-36,282	$378,068,171	−8.9%	8.62%
NVDA	Nvidia Corp Technology	Reduced	2,114,490	-41,971	$368,767,056	−8.3%	8.41%
MSFT	Microsoft Corp Technology	Added	671,201	+108,680	$248,458,474	−8.7%	5.67%
AMZN	Amazon Com Inc Consumer Cyclical	Added	720,131	+2,754	$149,981,683	−9.4%	3.42%
GOOGL	Alphabet Inc. Communication Services	Reduced	405,358	-15,551	$116,564,746	−11.5%	2.66%
META	Meta Platforms, Inc. Communication Services	Added	201,566	+6,968	$115,321,955	−10.2%	2.63%
TSLA	Tesla, Inc. Consumer Cyclical	Added	270,635	+18,811	$100,608,561	−11.2%	2.30%
WMT	Walmart Inc. Consumer Defensive	Added	779,702	+371,011	$96,901,364	+112.8%	2.21%
AVGO	Broadcom Inc. Technology	Reduced	312,990	-10,400	$96,873,534	−13.4%	2.21%
NFLX	Netflix Inc Communication Services	Added	831,964	+57,051	$79,993,338	+10.1%	1.82%
CSCO	Cisco Systems, Inc. Technology	Reduced	901,284	-124,339	$69,930,625	−11.5%	1.60%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	59,387	-3,548	$59,174,988	+9.0%	1.35%
MU	Micron Technology Inc Technology	Reduced	172,685	-1,057	$58,339,900	+17.6%	1.33%
LRCX	Lam Research Corp Technology	Reduced	264,254	-234,704	$56,460,509	−33.9%	1.29%
AMD	Advanced Micro Devices Inc Technology	Added	260,747	+1,639	$53,043,762	−4.4%	1.21%
PLTR	Palantir Technologies Inc. Technology	Added	307,405	+13,453	$44,967,203	−13.9%	1.03%
DIS	Walt Disney Co Communication Services	Reduced	413,104	-148,122	$39,814,963	−37.6%	0.91%
ANET	Arista Networks, Inc. Technology	Added	318,970	+30,489	$39,163,136	+3.6%	0.89%
COP	Conocophillips Energy	Added	275,653	+195,610	$36,386,196	+385.6%	0.83%
NTAP	NetApp, Inc. Technology	Added	349,483	+44,694	$35,783,564	+9.6%	0.82%
LIN	Linde PLC Basic Materials	Reduced	71,253	-5,144	$35,324,387	+8.4%	0.81%
AMAT	Applied Materials Inc /De Technology	Reduced	99,064	-5,155	$33,859,084	+26.4%	0.77%
MRK	Merck & Co., Inc. Healthcare	Reduced	255,813	-23,873	$30,771,745	+4.5%	0.70%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	63,362	-1,319	$29,209,248	−20.3%	0.67%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	132,102	-29,130	$27,745,383	−15.2%	0.63%
AKAM	Akamai Technologies Inc Technology	Added	235,631	+36,500	$27,062,220	+55.8%	0.62%
RTX	RTX Corp Industrials	Added	138,001	+22,158	$26,620,392	+25.3%	0.61%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	55,306	-8,553	$26,502,635	−17.4%	0.60%
INTC	Intel Corp Technology	Added	593,008	+3,795	$26,169,443	+20.4%	0.60%
AMGN	Amgen Inc Healthcare	Reduced	74,052	-6,470	$26,055,196	−1.1%	0.59%
PEP	Pepsico Inc Consumer Defensive	Reduced	161,424	-3,086	$25,067,532	+6.2%	0.57%
APH	Amphenol Corp /De/ Technology	Reduced	195,055	-22,502	$24,645,199	−16.2%	0.56%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	153,512	-30,578	$24,515,866	−13.3%	0.56%
CMCSA	Comcast Corp Communication Services	Reduced	851,522	-26,064	$24,447,196	−0.6%	0.56%
JCI	Johnson Controls International plc Industrials	Added	183,632	+3,766	$24,046,610	+11.6%	0.55%
BAC	Bank Of America Corp /De/ Financial Services	Added	490,613	+33,077	$23,917,383	−5.0%	0.55%
CVS	CVS HEALTH Corp Healthcare	Reduced	325,336	-118,561	$23,365,631	−33.7%	0.53%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	252,772	+12,226	$23,333,383	+6.3%	0.53%
PANW	Palo Alto Networks Inc Technology	Reduced	145,272	-12,195	$23,290,007	−19.7%	0.53%
CTSH	Cognizant Technology Solutions Corp Technology	Reduced	377,199	-182,999	$23,141,158	−50.2%	0.53%
AFL	Aflac Inc Financial Services	Reduced	206,419	-207,950	$22,646,228	−50.4%	0.52%
EBAY	Ebay Inc Consumer Cyclical	Reduced	246,948	-199,732	$22,477,206	−42.2%	0.51%
CEG	Constellation Energy Corp Utilities	Added	78,485	+4,177	$21,916,936	−16.5%	0.50%
CAT	Caterpillar Inc Industrials	Added	30,879	+2,527	$21,876,536	+34.7%	0.50%
GM	General Motors Co Consumer Cyclical	Reduced	291,048	-17,844	$21,683,076	−13.7%	0.49%
VZ	Verizon Communications Inc Communication Services	Reduced	423,189	-271,040	$21,244,087	−24.9%	0.48%
MNST	Monster Beverage Corp Consumer Defensive	Added	279,954	+25,625	$20,285,466	+4.0%	0.46%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	143,875	-4,344	$20,051,858	+10.2%	0.46%
MA	Mastercard Inc Financial Services	Reduced	39,563	-52	$19,768,048	−12.6%	0.45%
LLY	ELI LILLY & Co Healthcare	Added	20,929	+2,143	$19,249,866	−4.7%	0.44%