Nelson Capital Management, LLC

CIK

1512611

Location

MENLO PARK, CA

Portfolio Value

Small $535,912,838

Diversification

Highly concentrated

Filing Date

Global Rank

#2,519 / 8,586 ▼ 74

Top Industry

Semiconductors 55.1%

3Y Alpha vs SPY

-1.8%

Period ended 3 months ago

Filed May 7, 2026 · 40d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+70.5%

SPY

+78.1%

Annualised alpha

-1.8%

Max drawdown

−21.4%

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

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

Top Position

53.1%

+1.8 pts

Top 5

66.9%

+0.7 pts

Top 10

76.3%

+1.6 pts

HHI

2,902

Highly concentrated+178

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	67.3%	$360,816,091	17
Financial Services	7.0%	$37,402,436	8
Healthcare	5.7%	$30,443,802	12
Consumer Cyclical	4.9%	$26,040,402	7
Consumer Defensive	3.8%	$20,246,075	6
Basic Materials	3.1%	$16,459,990	4
Unclassified	2.6%	$13,815,357	3
Energy	2.4%	$13,060,567	4
Communication Services	1.7%	$9,061,762	5
Industrials	1.6%	$8,566,356	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+29,904	1,630,355	$284,333,912
DIS	Walt Disney Co	+1,344	38,171	$3,678,920
MSFT	Microsoft Corp	+1,014	69,641	$25,779,008
P	Everpure, Inc.	+779	7,065	$417,117
SHEL	Shell plc	+779	36,049	$3,352,557
PANW	Palo Alto Networks Inc	+343	2,671	$428,214
BSX	Boston Scientific Corp	+303	26,319	$1,651,517
ISRG	Intuitive Surgical Inc	+215	7,333	$3,380,439
TJX	Tjx Companies Inc /De/	+208	46,117	$7,364,884
CRM	Salesforce, Inc.	+142	8,723	$1,628,322
TEL	TE Connectivity plc	+91	15,849	$3,312,757
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
QCOM	Qualcomm Inc/De	−24,521	24,323	$3,132,315
XOM	Exxon Mobil Corp	−21,957	27,328	$4,636,468
CVX	Chevron Corp	−9,734	18,771	$3,883,719
SPGI	S&P Global Inc.	−3,245	6,629	$2,819,578
AAPL	Apple Inc.	−1,770	94,170	$23,899,404
VZ	Verizon Communications Inc	−1,500	5,157	$258,881
TPL	Texas Pacific Land Corp	−1,400	2,503	$1,187,823
CSCO	Cisco Systems, Inc.	−1,136	134,407	$10,428,639
MAS	Masco Corp /De/	−1,135	36,637	$2,211,775
ROP	Roper Technologies Inc	−1,063	8,526	$3,017,010
AMZN	Amazon Com Inc	−1,062	58,721	$12,229,822
PM	Philip Morris International Inc.	−1,004	1,384	$228,830
AEM	Agnico Eagle Mines Ltd	−967	55,552	$11,275,944
JPM	Jpmorgan Chase & Co	−946	42,574	$12,523,567
KO	Coca Cola Co	−854	36,178	$2,751,336
ABNB	Airbnb, Inc.	−750	3,513	$443,621
EMR	Emerson Electric Co	−537	24,726	$3,239,600
NFLX	Netflix Inc	−501	25,541	$2,455,767
SCHW	Schwab Charles Corp	−436	37,933	$3,564,943
CB	Chubb Ltd	−403	9,696	$3,160,217
PG	PROCTER & GAMBLE Co	−329	47,480	$6,858,011
V	Visa Inc.	−304	30,218	$9,133,088
AMGN	Amgen Inc	−302	14,224	$5,004,714
INTU	Intuit Inc.	−300	1,365	$590,198
SPY	Spdr S&P 500 ETF Trust	−288	14,760	$9,599,018
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
RCL	Royal Caribbean Cruises Ltd	8,759	$2,410,301
GILD	Gilead Sciences, Inc.	2,931	$408,493
PEP	Pepsico Inc	1,299	$201,721
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
BKNG	Booking Holdings Inc.	1,099	$5,885,507
DHR	Danaher Corp /De/	959	$219,534
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

72 positions · $535,912,838 total · as of Mar 31, 2026

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

Showing 1–50 of 72 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	1,630,355	+29,904	$284,333,912	−4.7%	53.06%
MSFT	Microsoft Corp Technology	Added	69,641	+1,014	$25,779,008	−22.3%	4.81%
AAPL	Apple Inc. Technology	Reduced	94,170	-1,770	$23,899,404	−8.4%	4.46%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	42,574	-946	$12,523,567	−10.7%	2.34%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	58,721	-1,062	$12,229,822	−11.4%	2.28%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	55,552	-967	$11,275,944	+17.7%	2.10%
CSCO	Cisco Systems, Inc. Technology	Reduced	134,407	-1,136	$10,428,639	−0.1%	1.95%
SPY	Spdr S&P 500 ETF Trust	Reduced	14,760	-288	$9,599,018	−6.5%	1.79%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	9,616	-168	$9,581,670	+13.6%	1.79%
V	Visa Inc. Financial Services	Reduced	30,218	-304	$9,133,088	−14.7%	1.70%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	46,117	+208	$7,364,884	+4.4%	1.37%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	47,480	-329	$6,858,011	+0.1%	1.28%
SYK	Stryker Corp Healthcare	Reduced	15,809	-220	$5,194,679	−7.8%	0.97%
AMGN	Amgen Inc Healthcare	Reduced	14,224	-302	$5,004,714	+5.3%	0.93%
ABBV	AbbVie Inc. Healthcare	Reduced	22,850	-142	$4,969,646	−5.4%	0.93%
XOM	Exxon Mobil Corp Energy	Reduced	27,328	-21,957	$4,636,468	−21.8%	0.87%
LIN	Linde PLC Basic Materials	Reduced	8,574	-275	$4,250,646	+12.7%	0.79%
LLY	ELI LILLY & Co Healthcare	Reduced	4,431	-219	$4,075,500	−18.4%	0.76%
CVX	Chevron Corp Energy	Reduced	18,771	-9,734	$3,883,719	−10.6%	0.72%
DIS	Walt Disney Co Communication Services	Added	38,171	+1,344	$3,678,920	−12.2%	0.69%
SCHW	Schwab Charles Corp Financial Services	Reduced	37,933	-436	$3,564,943	−7.0%	0.67%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	7,130	-9	$3,504,608	−15.3%	0.65%
ISRG	Intuitive Surgical Inc Healthcare	Added	7,333	+215	$3,380,439	−16.1%	0.63%
SHEL	Shell plc Energy	Added	36,049	+779	$3,352,557	+29.4%	0.63%
TEL	TE Connectivity plc Technology	Added	15,849	+91	$3,312,757	−7.6%	0.62%
GLD	Spdr Gold Trust	Held	7,658	0	$3,295,160	+8.6%	0.61%
EMR	Emerson Electric Co Industrials	Reduced	24,726	-537	$3,239,600	−3.4%	0.60%
CB	Chubb Ltd Financial Services	Reduced	9,696	-403	$3,160,217	+0.3%	0.59%
QCOM	Qualcomm Inc/De Technology	Reduced	24,323	-24,521	$3,132,315	−62.5%	0.58%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	6,335	-30	$3,035,732	−5.1%	0.57%
ROP	Roper Technologies Inc Technology	Reduced	8,526	-1,063	$3,017,010	−29.3%	0.56%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	9,056	-49	$2,978,427	−4.9%	0.56%
SPGI	S&P Global Inc. Financial Services	Reduced	6,629	-3,245	$2,819,578	−45.4%	0.53%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	12,908	-179	$2,795,614	−17.5%	0.52%
KO	Coca Cola Co Consumer Defensive	Reduced	36,178	-854	$2,751,336	+6.3%	0.51%
NFLX	Netflix Inc Communication Services	Reduced	25,541	-501	$2,455,767	+0.6%	0.46%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	NEW	8,759	NEW	$2,410,301	NEW	0.45%
XYL	Xylem Inc. Industrials	Reduced	19,993	-185	$2,389,163	−13.1%	0.45%
MAS	Masco Corp /De/ Industrials	Reduced	36,637	-1,135	$2,211,775	−7.7%	0.41%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,785	-123	$1,663,534	−10.0%	0.31%
BSX	Boston Scientific Corp Healthcare	Added	26,319	+303	$1,651,517	−33.4%	0.31%
CRM	Salesforce, Inc. Technology	Added	8,723	+142	$1,628,322	−28.4%	0.30%
ORCL	Oracle Corp Technology	Reduced	10,222	-64	$1,503,758	−25.0%	0.28%
JNJ	Johnson & Johnson Healthcare	Reduced	5,080	-76	$1,241,755	+16.4%	0.23%
TPL	Texas Pacific Land Corp Energy	Reduced	2,503	-1,400	$1,187,823	+6.0%	0.22%
META	Meta Platforms, Inc. Communication Services	Reduced	1,756	-13	$1,004,660	−14.0%	0.19%
QQQ	Invesco Qqq Trust, Series 1	Reduced	1,596	-31	$921,179	−7.8%	0.17%
ADBE	Adobe Inc. Technology	Reduced	2,597	-245	$631,278	−36.5%	0.12%
WMT	Walmart Inc. Consumer Defensive	Reduced	5,025	-68	$624,507	+10.1%	0.12%
LRCX	Lam Research Corp Technology	Held	2,885	0	$616,409	+24.8%	0.12%