Nelson Capital Management, LLC

Registered adviser

CIK

1512611

Location

MENLO PARK, CA

Portfolio Value

Small $911,581,983

Diversification

Diversified

Filing Date

Global Rank

#2,677 / 8,827 ▼ 49

Top Industry

Semiconductors 54.2%

Period ended 4 months ago

Filed Jul 24, 2026 · 4mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 129776

Roster of Nov 1, 2026

Regulatory AUM

$810,783,772

Main clients

Individuals and high net worth (87% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Nov 2026	$810,783,772	Individuals and high net worth (87%)
Apr 2025 to Feb 2026	$711,678,397	Individuals and high net worth (86%)
Apr 2024 to Mar 2025	$637,647,197	Individuals and high net worth (86%)
May 2023 to Mar 2024	$511,391,449	Individuals and high net worth (87%)
Apr 2023	$511,391,449	Individuals and high net worth (87%)
Apr 2022 to Mar 2023	$626,079,810	Individuals and high net worth (88%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 71.6% of the book (60%+)

Turnover

Low turnover

7.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.1 quarters (12+), a floor since 46.5% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 66.0%; sector active share 37.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

120 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

35.3%

+0.5 pts

Top 5

59.1%

+1.6 pts

Top 10

71.6%

+1.5 pts

HHI

1,456

Diversified+52

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	45.0%	$410,158,312	23
Unclassified	33.7%	$307,171,992	40
Financial Services	5.0%	$45,931,397	10
Communication Services	3.9%	$35,567,723	5
Healthcare	3.2%	$29,092,580	13
Consumer Cyclical	3.1%	$28,340,888	7
Consumer Defensive	2.1%	$19,498,292	5
Basic Materials	1.6%	$14,502,071	5
Energy	1.2%	$10,745,315	5
Industrials	1.2%	$10,573,413	7

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+51,547	776,458	$40,694,163
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+13,604	210,736	$12,578,831
VEA	Vanguard FTSE Developed Markets ETF	+8,469	694,445	$49,479,206
VUG	VANGUARD GROWTH INDEX FUND	+7,665	9,198	$792,315
XCEM	Columbia EM Core ex-China ETF	+4,760	186,368	$9,855,139
XLF	State Street Corp	+4,423	107,249	$5,749,618
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+3,122	200,639	$38,225,742
SCHO	Schwab Short-Term U.S. Treasury ETF	+3,089	24,449	$590,198
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	+1,843	35,162	$3,766,905
NEM	NEWMONT Corp	+1,754	4,703	$439,260
LLY	ELI LILLY & Co	+1,596	6,027	$7,228,965
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	+1,433	31,794	$3,728,800
—		+1,270	33,949	$1,725,627
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	+1,157	27,406	$4,348,235
—		+1,081	30,436	$2,528,318
IVV	iShares Core S&P 500 ETF	+918	13,877	$10,392,346
MAS	Masco Corp	+682	37,319	$3,036,647
SCHW	Schwab Charles Corp	+517	38,450	$3,547,781
TSLA	Tesla, Inc.	+500	1,145	$481,587
ABBV	AbbVie Inc.	+495	23,345	$5,874,535
AMZN	Amazon Com Inc	+462	59,183	$14,105,676
TJX	Tjx Companies Inc	+364	46,481	$7,041,871
DIS	Walt Disney Co	+314	38,485	$3,704,181
ORCL	Oracle Corp	+250	10,472	$1,534,671
KO	Coca Cola Co	+242	36,420	$2,959,853
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−24,342	1,606,013	$321,347,141
NVRI	Enviri Corp	−19,551	9,274	$203,564
—		−15,662	864,508	$25,079,377
AMGN	Amgen Inc	−12,070	2,154	$780,006
JEPI	JPMorgan Equity Premium Income ETF	−11,203	13,383	$755,871
PFFD	Global X U.S. Preferred ETF	−10,670	11,549	$215,850
XLRE	State Street(R) Real Estate Select Sector SPDR(R) ETF	−5,251	97,351	$4,286,364
EMXC	iShares MSCI Emerging Markets ex China ETF	−2,691	122,916	$12,574,306
SCHF	Schwab International Equity ETF	−2,502	118,460	$3,281,342
GOOG	Alphabet Inc.	−1,335	76,367	$26,982,752
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	−1,179	124,403	$23,043,167
AAPL	Apple Inc.	−1,135	93,035	$26,920,607
JPM	Jpmorgan Chase & Co	−1,046	41,528	$13,593,360
XOM	ExxonMobil Holdings Corp	−948	26,380	$3,606,673
GILD	Gilead Sciences, Inc.	−760	2,171	$274,284
VB	Vanguard Index Funds	−734	61,952	$18,778,890
PG	PROCTER & GAMBLE Co	−702	46,778	$6,859,525
ABNB	Airbnb, Inc.	−513	3,000	$429,300
EMR	Emerson Electric Co	−431	24,295	$3,477,829
VPU	VANGUARD UTILITIES INDEX FUND	−409	61,096	$11,958,320
PANW	Palo Alto Networks Inc	−403	2,268	$773,433
INTU	Intuit Inc.	−383	982	$256,302
DELL	Dell Technologies Inc.	−354	1,689	$728,735
CVX	Chevron Corp	−349	18,422	$3,053,630
SYK	Stryker Corp	−343	15,466	$4,869,315
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
PEN	Penumbra Inc	3,484	$1,100,073
INTC	Intel Corp	2,955	$412,606
ETN	Eaton Corp plc	885	$377,116
AMD	Advanced Micro Devices Inc	637	$370,039
QQQM	Invesco Ltd.	1,074	$325,389
B	Barrick Mining Corp	8,010	$294,207
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	2,357	$281,708
MU	Micron Technology Inc	221	$255,098
KLAC	Kla Corp	810	$244,385
TXN	Texas Instruments Inc	818	$243,821
HIMS	Hims & Hers Health, Inc.	7,000	$242,690
SOXX	iShares Semiconductor ETF	375	$240,285
GLW	Corning Inc	865	$220,946
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	556	$205,742
BP	Bp PLC	5,449	$201,340
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
BSX	Boston Scientific Corp	26,319	$1,651,517
VZ	Verizon Communications Inc	5,157	$258,881
PEP	Pepsico Inc	1,299	$201,721
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

120 tracked positions · $911,581,983 total · filing declares 120 positions · $911,581,979 · as of Jun 30, 2026

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

Showing 1–50 of 120 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,606,013	-24,342	$321,347,141	+13.0%	16	$71.31	35.25%
VEA	Vanguard FTSE Developed Markets ETF	Added	694,445	+8,469	$49,479,206	+12.6%	26+	before history	5.43%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Added	776,458	+51,547	$40,694,163	+6.8%	14	unpriced	4.46%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	200,639	+3,122	$38,225,742	+45.6%	26+	before history	4.19%
GOOG	Alphabet Inc. Communication Services	Reduced	76,367	-1,335	$26,982,752	+21.1%	26+	before history	2.96%
AAPL	Apple Inc. Technology	Reduced	93,035	-1,135	$26,920,607	+12.6%	26+	before history	2.95%
MSFT	Microsoft Corp Technology	Added	69,664	+23	$25,986,065	+0.8%	26+	before history	2.85%
		Reduced	864,508	-15,662	$25,079,377	−2.4%	26+	before history	2.75%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Reduced	124,403	-1,179	$23,043,167	+13.5%	26+	before history	2.53%
VB	Vanguard Index Funds	Reduced	61,952	-734	$18,778,890	+14.4%	26+	before history	2.06%
CSCO	Cisco Systems, Inc. Technology	Added	134,419	+12	$15,788,855	+51.4%	26+	before history	1.73%
AMZN	Amazon Com Inc Consumer Cyclical	Added	59,183	+462	$14,105,676	+15.3%	26+	before history	1.55%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	41,528	-1,046	$13,593,360	+8.5%	26+	before history	1.49%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	210,736	+13,604	$12,578,831	+18.1%	26+	before history	1.38%
EMXC	iShares MSCI Emerging Markets ex China ETF	Reduced	122,916	-2,691	$12,574,306	+27.3%	12	$54.12	1.38%
VPU	VANGUARD UTILITIES INDEX FUND	Reduced	61,096	-409	$11,958,320	−1.9%	26+	before history	1.31%
SPY	Spdr S&P 500 ETF Trust	Reduced	14,592	-168	$10,896,867	+13.5%	26+	before history	1.20%
IVV	iShares Core S&P 500 ETF	Added	13,877	+918	$10,392,346	+22.8%	26+	before history	1.14%
V	Visa Inc. Financial Services	Added	30,226	+8	$10,370,238	+13.5%	26+	before history	1.14%
XCEM	Columbia EM Core ex-China ETF	Added	186,368	+4,760	$9,855,139	+33.0%	5	$33.37	1.08%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	9,464	-152	$8,853,288	−7.6%	26+	before history	0.97%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	55,494	-58	$8,608,784	−23.7%	18	$52.76	0.94%
LLY	ELI LILLY & Co Healthcare	Added	6,027	+1,596	$7,228,965	+77.4%	10	$860.11	0.79%
TJX	Tjx Companies Inc Consumer Cyclical	Added	46,481	+364	$7,041,871	−4.4%	21	$68.55	0.77%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	46,778	-702	$6,859,525	+0.0%	26+	before history	0.75%
ABBV	AbbVie Inc. Healthcare	Added	23,345	+495	$5,874,535	+18.2%	26+	before history	0.64%
XLF	State Street Corp Financial Services	Added	107,249	+4,423	$5,749,618	+13.3%	26+	before history	0.63%
IHAK	iShares Cybersecurity and Tech ETF	Added	93,976	+77	$5,705,282	+39.2%	10	unpriced	0.63%
SYK	Stryker Corp Healthcare	Reduced	15,466	-343	$4,869,315	−6.3%	21	$272.05	0.53%
QCOM	Qualcomm Inc Technology	Reduced	24,017	-306	$4,438,101	+41.7%	26+	before history	0.49%
LIN	Linde PLC Basic Materials	Reduced	8,384	-190	$4,350,792	+2.4%	14	$337.00	0.48%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Added	27,406	+1,157	$4,348,235	+13.0%	26+	before history	0.48%
XLRE	State Street(R) Real Estate Select Sector SPDR(R) ETF	Reduced	97,351	-5,251	$4,286,364	+2.3%	26+	before history	0.47%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Added	35,162	+1,843	$3,766,905	+2.0%	26+	before history	0.41%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Added	31,794	+1,433	$3,728,800	+12.7%	26+	before history	0.41%
DIS	Walt Disney Co Communication Services	Added	38,485	+314	$3,704,181	+0.7%	26+	before history	0.41%
XOM	ExxonMobil Holdings Corp Energy	Reduced	26,380	-948	$3,606,673	−22.2%	26+	before history	0.40%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	7,095	-35	$3,557,149	+1.5%	25	$350.19	0.39%
SCHW	Schwab Charles Corp Financial Services	Added	38,450	+517	$3,547,781	−0.5%	26+	before history	0.39%
EMR	Emerson Electric Co Industrials	Reduced	24,295	-431	$3,477,829	+7.4%	13	$86.13	0.38%
SCHF	Schwab International Equity ETF	Reduced	118,460	-2,502	$3,281,342	+9.6%	25	unpriced	0.36%
CB	Chubb Ltd Financial Services	Reduced	9,530	-166	$3,247,252	+2.8%	12	$210.06	0.36%
TEL	TE Connectivity plc Technology	Reduced	15,810	-39	$3,187,454	−3.8%	7	$150.72	0.35%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	6,306	-29	$3,155,459	+3.9%	24	$437.17	0.35%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	8,809	-247	$3,106,758	+4.3%	26+	before history	0.34%
CVX	Chevron Corp Energy	Reduced	18,422	-349	$3,053,630	−21.4%	26+	before history	0.33%
MAS	Masco Corp Industrials	Added	37,319	+682	$3,036,647	+37.3%	26+	before history	0.33%
KO	Coca Cola Co Consumer Defensive	Added	36,420	+242	$2,959,853	+7.6%	13	$62.56	0.32%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	12,636	-272	$2,900,846	+3.8%	11	$242.07	0.32%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	Added	8,978	+219	$2,850,784	+18.3%	2	$297.34	0.31%

Showing the top 50 of 120 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.