Nelson Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Nelson Capital Management, LLC reported 105 stock positions worth $563.5 million. Its top holding was Nvidia (NVDA) at 21.8% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Vanguard Ftse Developed ETF (VEA, 3.9%). Compared with Q1 2024, it opened 7 new positions, sold out of 5, added to 38 and reduced 47. The biggest buy was Apple (AAPL, shares +7%) and the biggest sale Shell PLC-ADR (SHEL, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001512611
- Portfolio Value
- $563.5M (Q2 2024)
- SEC Filing
- 0001085146-24-003553 ↗ filed Aug 8, 2024
Holdings Value
Holdings 105 stocks · $563.5M
| NVDA Nvidia Corp. | 21.84% | 996,220 | $123.1M | Reduce -3.6% |
| MSFT Microsoft Corp. | 5.90% | 74,438 | $33.3M | Reduce -0.9% |
| VEA Vanguard Ftse Developed ETF | 3.91% | 445,919 | $22.0M | Add +1.4% |
| SPTS SS SPDR P St Term TSY ETF | 3.72% | 725,651 | $20.9M | Add +7.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 3.65% | 401,350 | $20.6M | Add +3.1% |
| AAPL Apple Inc. | 3.63% | 97,003 | $20.4M | Add +7.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.19% | 82,423 | $18.0M | Add +0.5% |
| GOOG Alphabet Inc. Class C | 2.90% | 89,083 | $16.3M | Reduce -1.8% |
| XLI SS Industrial Select Sector | 2.69% | 124,282 | $15.1M | Add +0.2% |
| AMZN Amazon.com Inc. | 2.12% | 61,864 | $12.0M | Reduce -0.9% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.02% | 192,675 | $11.4M | Add +0.1% |
| QCOM Qualcomm Inc. | 1.73% | 48,850 | $9.7M | Reduce -4.2% |
| XLK SS Technology Select Sector | 1.71% | 42,653 | $9.6M | Add +1.8% |
| COST Costco Wholesale Corp. | 1.61% | 10,708 | $9.1M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 1.59% | 44,390 | $9.0M | Reduce -0.6% |
| PG The Procter & Gamble Co. | 1.50% | 51,159 | $8.4M | Add +2.8% |
| VPU Vanguard Utilities ETF | 1.45% | 55,199 | $8.2M | Add +41.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 14,055 | $7.6M | Add +6.4% |
| V Visa Inc. Class A | 1.35% | 29,087 | $7.6M | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 1.20% | 12,370 | $6.8M | Add +11.4% |
| VWO Vanguard Ftse Emerging Marke | 1.15% | 148,521 | $6.5M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 1.05% | 51,528 | $5.9M | Reduce -5.7% |
| LIN Linde PLC | 1.02% | 13,158 | $5.8M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 1.01% | 120,292 | $5.7M | Add +0.1% |
| AMGN Amgen Inc. | 1.01% | 18,150 | $5.7M | Reduce -2.7% |
| CVX Chevron Corp. | 0.97% | 35,003 | $5.5M | Reduce -6.2% |
| ROP Roper Technologies Inc. | 0.96% | 9,602 | $5.4M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.89% | 9,849 | $5.0M | Reduce -23.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.88% | 45,202 | $5.0M | Reduce -0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.80% | 8,176 | $4.5M | Reduce -2.9% |
| BKNG Booking Holdings Inc. | 0.79% | 1,130 | $4.5M | Reduce -1.5% |
| MRK Merck & Co. Inc. | 0.77% | 35,222 | $4.4M | Add +4.9% |
| ADBE Adobe Inc. | 0.77% | 7,809 | $4.3M | Reduce -3.8% |
| ABBV Abbvie Inc. | 0.77% | 25,268 | $4.3M | Reduce -2.8% |
| AEM Agnico Eagle Mines Ltd. | 0.76% | 65,805 | $4.3M | Reduce -2.1% |
| SYK Stryker Corp. | 0.72% | 11,903 | $4.0M | Reduce -1.0% |
| XLRE SS Real Estate Select Sector | 0.66% | 96,425 | $3.7M | Add +0.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.62% | 13,543 | $3.5M | Add +2.0% |
| IHAK iShares Cybersecurity & Tech | 0.59% | 71,831 | $3.3M | Add +10.2% |
| HD Home Depot Inc. | 0.57% | 9,291 | $3.2M | Reduce -2.1% |
| MDT Medtronic PLC | 0.54% | 38,738 | $3.0M | Reduce -1.7% |
| XLV SS Health Care Select Sector | 0.52% | 20,044 | $2.9M | Add +0.7% |
| XYL Xylem Inc. | 0.50% | 20,775 | $2.8M | Reduce -2.9% |
| CMCSA Comcast Corp. Class A | 0.49% | 70,812 | $2.8M | Add +0.7% |
| EMR Emerson Electric Co. | 0.48% | 24,733 | $2.7M | Reduce -1.3% |
| SCHW Schwab (charles) Corp. | 0.48% | 36,967 | $2.7M | Reduce -2.0% |
| PFE Pfizer Inc. | 0.47% | 95,543 | $2.7M | Add +8.9% |
| SHEL Shell PLC-ADR | 0.46% | 36,235 | $2.6M | Reduce -53.5% |
| MAS Masco Corp. | 0.46% | 38,787 | $2.6M | Reduce -1.8% |
| SCHF Schwab Intl Equity ETF | 0.45% | 66,682 | $2.6M | Reduce -4.4% |
| CB Chubb Ltd. | 0.45% | 9,844 | $2.5M | Add +1.8% |
| VZ Verizon Communications Inc. | 0.44% | 59,513 | $2.5M | Add +2.1% |
| GIS General Mills Inc. | 0.42% | 37,804 | $2.4M | Reduce -4.0% |
| TEL Te Connectivity Ltd. | 0.40% | 14,889 | $2.2M | Add +0.1% |
| KO The Coca-Cola Co. | 0.40% | 34,991 | $2.2M | Add +0.7% |
| XLF SS Financial Select Sector | 0.39% | 53,698 | $2.2M | Add +4.1% |
| XLC SS Comm Select Sector SPDR | 0.38% | 25,274 | $2.2M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 21,596 | $2.1M | Reduce -1.9% |
| DEO Diageo PLC-Sponsored ADR | 0.36% | 16,198 | $2.0M | Reduce -1.0% |
| JEPI JPMorgan Equity Premium Inco | 0.35% | 34,344 | $1.9M | Add +1.7% |
| XLY SS Consumer Disc Select Sect | 0.35% | 10,661 | $1.9M | Add +1.4% |
| XLP SS Consumer Staples Sel Sect | 0.33% | 24,209 | $1.9M | Reduce -0.4% |
| CRM Salesforce Inc. | 0.33% | 7,193 | $1.8M | Add +3.8% |
| GLD SPDR Gold Shares | 0.28% | 7,447 | $1.6M | Add +6.5% |
| INTC Intel Corp. | 0.28% | 50,433 | $1.6M | Add +1.5% |
| XLE SS Energy Select Sector | 0.24% | 15,008 | $1.4M | Reduce -4.5% |
| JPST JPMorgan Ultra-Short Income | 0.23% | 25,994 | $1.3M | Reduce -0.4% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 12,267 | $1.3M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.23% | 9,217 | $1.3M | Reduce -2.1% |
| INTU Intuit Inc. | 0.23% | 1,965 | $1.3M | No change |
| ABNB Airbnb Inc. Class A | 0.21% | 7,770 | $1.2M | Reduce -10.3% |
| XLB SS Materials Select Sector | 0.17% | 10,862 | $959K | Add +0.9% |
| JNJ Johnson & Johnson | 0.14% | 5,523 | $807K | Add +30.0% |
| SCHO Schwab Short-Term US Treas | 0.13% | 15,488 | $745K | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.13% | 4,024 | $733K | Reduce -1.7% |
| ABT Abbott Laboratories | 0.10% | 5,681 | $590K | Reduce -2.6% |
| PFFD Global X US Preferred ETF | 0.10% | 29,368 | $578K | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.09% | 1,055 | $532K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 1,251 | $509K | No change |
| NUE Nucor Corp. | 0.09% | 3,132 | $495K | No change |
| PEP Pepsico Inc. | 0.09% | 2,975 | $491K | Reduce -3.9% |
| LRCX Lam Research Corp. | 0.09% | 450 | $479K | No change |
| DHS Wisdomtree US High Dividend | 0.08% | 5,275 | $446K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 859 | $412K | Add +0.2% |
| WMT Walmart Inc. | 0.07% | 5,616 | $380K | Reduce -5.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 1,390 | $372K | Add +24.8% |
| IWO iShares Russell 2000 Growth | 0.06% | 1,275 | $335K | No change |
| NVRI Enviri Corp. | 0.06% | 37,650 | $325K | No change |
| ADP Automatic Data Processing | 0.06% | 1,347 | $322K | No change |
| WFC Wells Fargo & Co. | 0.06% | 5,370 | $319K | New |
| GS Goldman Sachs Group Inc. | 0.06% | 700 | $317K | Reduce -5.4% |
| LLY Eli Lilly & Co. | 0.05% | 326 | $295K | No change |
| VOO Vanguard S&P 500 ETF | 0.05% | 577 | $289K | Add +22.5% |
| ENB Enbridge Inc. | 0.05% | 7,987 | $284K | No change |
| PANW Palo Alto Networks Inc. | 0.05% | 767 | $260K | Reduce -5.8% |
| TGT Target Corp. | 0.05% | 1,750 | $259K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.04% | 1,380 | $239K | Reduce -1.1% |
| ICLN iShares Global Clean Energy | 0.04% | 16,490 | $220K | New |
| TSLA Tesla Inc. | 0.04% | 1,065 | $211K | New |
| MCD McDonald's Corp. | 0.04% | 815 | $208K | Reduce -8.4% |
| CSX CSX Corp. | 0.04% | 6,200 | $207K | No change |
| KMB Kimberly-Clark Corp. | 0.04% | 1,480 | $205K | New |
| MDLZ Mondelez International Inc. Class A | 0.04% | 3,110 | $204K | New |
| UPS United Parcel Service Class B | 0.04% | 1,469 | $201K | New |
| CRBU Caribou Biosciences Inc. | 0.02% | 85,020 | $139K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| SHEL Shell PLC-ADR | Reduce -53.5% | 0.46% | −0.53 |
| UNH Unitedhealth Group Inc. | Reduce -23.3% | 0.89% | −0.32 |
| XOM Exxon Mobil Corp. | Reduce -5.7% | 1.05% | −0.16 |
| CVX Chevron Corp. | Reduce -6.2% | 0.97% | −0.15 |
| LIN Linde PLC | Reduce -0.8% | 1.02% | −0.15 |
| MAS Masco Corp. | Reduce -1.8% | 0.46% | −0.14 |
| ABBV Abbvie Inc. | Reduce -2.8% | 0.77% | −0.14 |
| MSFT Microsoft Corp. | Reduce -0.9% | 5.90% | −0.14 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.38% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.9% | 0.80% | −0.13 |
| HD Home Depot Inc. | Reduce -2.1% | 0.57% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 1.59% | −0.12 |
| MDT Medtronic PLC | Reduce -1.7% | 0.54% | −0.12 |
| SYK Stryker Corp. | Reduce -1.0% | 0.72% | −0.10 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.0% | 0.36% | −0.10 |
| GIS General Mills Inc. | Reduce -4.0% | 0.42% | −0.10 |
| ROP Roper Technologies Inc. | Reduce -0.3% | 0.96% | −0.07 |
| SCHF Schwab Intl Equity ETF | Reduce -4.4% | 0.45% | −0.07 |
| ABNB Airbnb Inc. Class A | Reduce -10.3% | 0.21% | −0.06 |
| EMR Emerson Electric Co. | Reduce -1.3% | 0.48% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.7% | 1.15% | −0.05 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.04 |
| XLE SS Energy Select Sector | Reduce -4.5% | 0.24% | −0.04 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.04 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.04 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -2.0% | 0.48% | −0.04 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 2.12% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.1% | 0.23% | −0.03 |
| XYL Xylem Inc. | Reduce -2.9% | 0.50% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.4% | 0.33% | −0.03 |
| ABT Abbott Laboratories | Reduce -2.6% | 0.10% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.4% | 0.23% | −0.02 |
| PEP Pepsico Inc. | Reduce -3.9% | 0.09% | −0.02 |
| SCHO Schwab Short-Term US Treas | Reduce -3.4% | 0.13% | −0.02 |
| ADBE Adobe Inc. | Reduce -3.8% | 0.77% | −0.01 |
| MCD McDonald's Corp. | Reduce -8.4% | 0.04% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -1.1% | 0.04% | −0.01 |
| AMGN Amgen Inc. | Reduce -2.7% | 1.01% | −0.01 |
| AEM Agnico Eagle Mines Ltd. | Reduce -2.1% | 0.76% | −0.00 |
| GS Goldman Sachs Group Inc. | Reduce -5.4% | 0.06% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -1.5% | 0.79% | −0.00 |
| WMT Walmart Inc. | Reduce -5.2% | 0.07% | −0.00 |
| TJX TJX Companies Inc. | Reduce -0.8% | 0.88% | −0.00 |
| PANW Palo Alto Networks Inc. | Reduce -5.8% | 0.05% | +0.00 |
| ORCL Oracle Corp. | Reduce -2.1% | 0.23% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 0.13% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -4.2% | 1.73% | +0.08 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 1.61% | +0.10 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +7.1% | 3.63% | +0.66 |
| VPU Vanguard Utilities ETF | Add +41.7% | 1.45% | +0.39 |
| IVV iShares Core S&P 500 ETF | Add +11.4% | 1.20% | +0.09 |
| DHS Wisdomtree US High Dividend | New | 0.08% | +0.08 |
| WFC Wells Fargo & Co. | New | 0.06% | +0.06 |
| XLK SS Technology Select Sector | Add +1.8% | 1.71% | +0.04 |
| ICLN iShares Global Clean Energy | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| KMB Kimberly-Clark Corp. | New | 0.04% | +0.04 |
| MDLZ Mondelez International Inc. Class A | New | 0.04% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.4% | 1.36% | +0.04 |
| UPS United Parcel Service Class B | New | 0.04% | +0.04 |
| JNJ Johnson & Johnson | Add +30.0% | 0.14% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +24.8% | 0.07% | +0.01 |
| PFE Pfizer Inc. | Add +8.9% | 0.47% | +0.01 |
| GLD SPDR Gold Shares | Add +6.5% | 0.28% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +22.5% | 0.05% | +0.01 |
| IHAK iShares Cybersecurity & Tech | Add +10.2% | 0.59% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.07% | +0.00 |
| XLC SS Comm Select Sector SPDR | Add +0.5% | 0.38% | −0.01 |
| PFFD Global X US Preferred ETF | Add +1.5% | 0.10% | −0.01 |
| KO The Coca-Cola Co. | Add +0.7% | 0.40% | −0.01 |
| AJG Arthur J Gallagher & Co. | Add +2.0% | 0.62% | −0.01 |
| TEL Te Connectivity Ltd. | Add +0.1% | 0.40% | −0.02 |
| SPTS SS SPDR P St Term TSY ETF | Add +7.5% | 3.72% | −0.02 |
| XLB SS Materials Select Sector | Add +0.9% | 0.17% | −0.02 |
| XLF SS Financial Select Sector | Add +4.1% | 0.39% | −0.02 |
| XLY SS Consumer Disc Select Sect | Add +1.4% | 0.35% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +1.7% | 0.35% | −0.03 |
| VZ Verizon Communications Inc. | Add +2.1% | 0.44% | −0.03 |
| CB Chubb Ltd. | Add +1.8% | 0.45% | −0.03 |
| XLV SS Health Care Select Sector | Add +0.7% | 0.52% | −0.04 |
| PG The Procter & Gamble Co. | Add +2.8% | 1.50% | −0.05 |
| XLRE SS Real Estate Select Sector | Add +0.1% | 0.66% | −0.07 |
| CRM Salesforce Inc. | Add +3.8% | 0.33% | −0.07 |
| MRK Merck & Co. Inc. | Add +4.9% | 0.77% | −0.07 |
| CMCSA Comcast Corp. Class A | Add +0.7% | 0.49% | −0.09 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +0.1% | 2.02% | −0.10 |
| CSCO Cisco Systems Inc. | Add +0.1% | 1.01% | −0.13 |
| INTC Intel Corp. | Add +1.5% | 0.28% | −0.14 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +3.1% | 3.65% | −0.17 |
| V Visa Inc. Class A | Add +0.9% | 1.35% | −0.18 |
| XLI SS Industrial Select Sector | Add +0.2% | 2.69% | −0.30 |
| VEA Vanguard Ftse Developed ETF | Add +1.4% | 3.91% | −0.31 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.5% | 3.19% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 120 | $911.6M | NVDA, VEA, IGSB, XLK, GOOG |
| Q1 2026 | 108 | $819.2M | NVDA, VEA, IGSB, XLK, MSFT |
| Q4 2025 | 107 | $854.6M | NVDA, VEA, IGSB, MSFT, AAPL |
| Q3 2025 | 108 | $839.7M | NVDA, VEA, MSFT, IGSB, AAPL |
| Q2 2025 | 101 | $756.5M | NVDA, MSFT, VEA, IGSB, SPTS |
| Q1 2025 | 101 | $579.0M | NVDA, MSFT, IGSB, VEA, SPTS |
| Q4 2024 | 107 | $602.7M | NVDA, MSFT, AAPL, IGSB, SPTS |
| Q3 2024 | 108 | $593.3M | NVDA, MSFT, VEA, SPTS, AAPL |
| Q2 2024 | 105 | $563.5M | NVDA, MSFT, VEA, SPTS, IGSB |
| Q1 2024 | 103 | $523.1M | NVDA, MSFT, VEA, IGSB, SPTS |