Shelton Capital Management
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Shelton Capital Management reported 713 stock positions worth $4.6 billion. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Nvidia (NVDA, 7.4%) and Microsoft (MSFT, 5.4%). Compared with Q4 2025, it opened 90 new positions, sold out of 77, added to 103 and reduced 309. The biggest buy was Walmart (WMT, shares +91%) and the biggest sale Newmont (NEM, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001002784
- Portfolio Value
- $4.6B (Q1 2026)
- SEC Filing
- 0001999371-26-010847 ↗ filed May 15, 2026
Holdings Value
Holdings 713 stocks · $4.6B
| AAPL Apple Inc. | 7.79% | 1,403,189 | $356.1M | Reduce -3.0% |
| NVDA Nvidia Corp. | 7.40% | 1,940,290 | $338.4M | Reduce -1.1% |
| MSFT Microsoft Corp. | 5.38% | 664,301 | $245.9M | Add +18.1% |
| AMZN Amazon.com Inc. | 3.28% | 720,131 | $150.0M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 2.55% | 405,358 | $116.6M | Reduce -3.7% |
| META Meta Platforms Inc. Class A | 2.52% | 201,566 | $115.3M | Add +3.6% |
| TSLA Tesla Inc. | 2.20% | 270,635 | $100.6M | Add +7.5% |
| WMT Walmart Inc. | 2.12% | 779,702 | $96.9M | Add +90.8% |
| AVGO Broadcom Inc. | 2.12% | 312,990 | $96.9M | Reduce -3.2% |
| NFLX Netflix Inc. | 1.75% | 831,964 | $80.0M | Add +7.4% |
| GOOG Alphabet Inc. Class C | 1.73% | 276,380 | $79.3M | Reduce -2.5% |
| CSCO Cisco Systems Inc. | 1.53% | 901,284 | $69.9M | Reduce -12.1% |
| COST Costco Wholesale Corp. | 1.29% | 59,387 | $59.2M | Reduce -5.6% |
| MU Micron Technology Inc. | 1.28% | 172,685 | $58.3M | Reduce -0.6% |
| LRCX Lam Research Corp. | 1.24% | 264,254 | $56.5M | Reduce -47.0% |
| AMD Advanced Micro Devices | 1.16% | 260,747 | $53.0M | Add +0.6% |
| SEPI Shelton Eqty Premium Inc. ETF | 1.04% | 1,899,025 | $47.6M | Add +30.7% |
| PLTR Palantir Technologies Inc. Class A | 0.98% | 307,405 | $45.0M | Add +4.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.87% | 413,104 | $39.8M | Reduce -26.4% |
| ANET Arista Networks Inc. | 0.86% | 318,970 | $39.2M | Add +10.6% |
| COP Conocophillips | 0.80% | 275,653 | $36.4M | Add +244.4% |
| NTAP Netapp Inc. | 0.78% | 349,483 | $35.8M | Add +14.7% |
| LIN Linde PLC | 0.77% | 71,253 | $35.3M | Reduce -6.7% |
| AMAT Applied Materials Inc. | 0.74% | 99,064 | $33.9M | Reduce -5.0% |
| MRK Merck & Co. Inc. | 0.67% | 255,813 | $30.8M | Reduce -8.5% |
| ISRG Intuitive Surgical Inc. | 0.64% | 63,362 | $29.2M | Reduce -2.0% |
| TMUS T-Mobile US Inc. | 0.61% | 132,102 | $27.7M | Reduce -18.1% |
| AKAM Akamai Technologies Inc. | 0.59% | 235,631 | $27.1M | Add +18.3% |
| RTX RTX Corp. | 0.58% | 138,001 | $26.6M | Add +19.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 55,306 | $26.5M | Reduce -13.4% |
| INTC Intel Corp. | 0.57% | 593,008 | $26.2M | Add +0.6% |
| AMGN Amgen Inc. | 0.57% | 74,052 | $26.1M | Reduce -8.0% |
| PEP Pepsico Inc. | 0.55% | 161,424 | $25.1M | Reduce -1.9% |
| APH Amphenol Corp. Class A | 0.54% | 195,055 | $24.6M | Reduce -10.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.54% | 153,512 | $24.5M | Reduce -16.6% |
| CMCSA Comcast Corp. Class A | 0.53% | 851,522 | $24.4M | Reduce -3.0% |
| JCI Johnson Controls Internation | 0.53% | 183,632 | $24.0M | Add +2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.52% | 490,613 | $23.9M | Add +7.2% |
| CVS CVS Health Corp. | 0.51% | 325,336 | $23.4M | Reduce -26.7% |
| ORLY O'reilly Automotive Inc. | 0.51% | 252,772 | $23.3M | Add +5.1% |
| PANW Palo Alto Networks Inc. | 0.51% | 145,272 | $23.3M | Reduce -7.7% |
| CTSH Cognizant Tech Solutions-A | 0.51% | 377,199 | $23.1M | Reduce -32.7% |
| KLAC KLA Corp. | 0.50% | 15,478 | $22.8M | Reduce -2.6% |
| AFL Aflac Inc. | 0.50% | 206,419 | $22.6M | Reduce -50.2% |
| EBAY eBay Inc. | 0.49% | 246,948 | $22.5M | Reduce -44.7% |
| XOM Exxon Mobil Corp. | 0.49% | 131,751 | $22.4M | Reduce -59.6% |
| BKNG Booking Holdings Inc. | 0.49% | 5,285 | $22.3M | Reduce -3.0% |
| CEG Constellation Energy | 0.48% | 78,485 | $21.9M | Add +5.6% |
| CAT Caterpillar Inc. | 0.48% | 30,879 | $21.9M | Add +8.9% |
| GM General Motors Co. | 0.47% | 291,048 | $21.7M | Reduce -5.8% |
| VZ Verizon Communications Inc. | 0.46% | 423,189 | $21.2M | Reduce -39.0% |
| MNST Monster Beverage Corp. | 0.44% | 279,954 | $20.3M | Add +10.1% |
| GILD Gilead Sciences Inc. | 0.44% | 143,875 | $20.1M | Reduce -2.9% |
| MA Mastercard Inc. Class A | 0.43% | 39,563 | $19.8M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.42% | 20,929 | $19.2M | Add +11.4% |
| INTU Intuit Inc. | 0.42% | 43,896 | $19.0M | Reduce -3.2% |
| CVX Chevron Corp. | 0.41% | 90,347 | $18.7M | Reduce -17.1% |
| ADI Analog Devices Inc. | 0.40% | 57,657 | $18.3M | Reduce -3.1% |
| CDNS Cadence Design SYS Inc. | 0.40% | 65,658 | $18.2M | Reduce -0.8% |
| LUV Southwest Airlines Co. | 0.39% | 472,087 | $17.7M | Reduce -48.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.38% | 145,726 | $17.3M | Add +6.7% |
| KO The Coca-Cola Co. | 0.38% | 227,088 | $17.3M | Reduce -50.4% |
| QCOM Qualcomm Inc. | 0.38% | 133,195 | $17.2M | Reduce -19.8% |
| TT Trane Technologies PLC | 0.37% | 40,879 | $17.0M | Reduce -21.3% |
| HON Honeywell International Inc. | 0.37% | 73,894 | $16.7M | Reduce -3.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.36% | 36,379 | $16.2M | Reduce -2.3% |
| SHOP Shopify Inc. Class A | 0.35% | 136,158 | $16.2M | Reduce -2.3% |
| NXPI NXP Semiconductors NV | 0.35% | 81,915 | $16.1M | Add +0.1% |
| HD Home Depot Inc. | 0.35% | 48,450 | $15.9M | Reduce -10.9% |
| JNJ Johnson & Johnson | 0.33% | 62,062 | $15.2M | Reduce -50.8% |
| ADBE Adobe Inc. | 0.33% | 62,090 | $15.1M | Reduce -4.7% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.33% | 11,326 | $15.0M | Reduce -1.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.32% | 37,846 | $14.8M | Reduce -1.6% |
| CNP Centerpoint Energy Inc. | 0.32% | 342,103 | $14.8M | Add +33.5% |
| AXP American Express Co. | 0.32% | 48,534 | $14.7M | Add +25.4% |
| BA The Boeing Co. | 0.32% | 73,680 | $14.7M | Reduce -4.8% |
| BSX Boston Scientific Corp. | 0.32% | 232,453 | $14.6M | Reduce -31.6% |
| APP AppLovin Corp. Class A | 0.31% | 35,428 | $14.1M | Reduce -3.0% |
| CF CF Industries Holdings Inc. | 0.30% | 105,749 | $13.7M | Add +7.5% |
| REGN Regeneron Pharmaceuticals | 0.30% | 17,487 | $13.5M | Reduce -2.0% |
| GS Goldman Sachs Group Inc. | 0.29% | 15,488 | $13.1M | Add +13.4% |
| SBUX Starbucks Corp. | 0.28% | 142,803 | $12.8M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 0.28% | 43,187 | $12.7M | Reduce -1.1% |
| MS Morgan Stanley | 0.27% | 75,237 | $12.4M | Reduce -54.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 50,908 | $12.3M | Add +0.2% |
| CBRE CBRE Group Inc. Class A | 0.27% | 89,852 | $12.2M | Reduce -6.7% |
| CRM Salesforce Inc. | 0.26% | 64,743 | $12.1M | Add +15.2% |
| EMR Emerson Electric Co. | 0.26% | 91,383 | $12.0M | No change |
| C Citigroup Inc. | 0.26% | 105,353 | $11.9M | Reduce -30.4% |
| FCX Freeport-McMoran Inc. | 0.26% | 203,006 | $11.9M | Add +2453.2% |
| TRV The Travelers Cos Inc. | 0.26% | 40,137 | $11.7M | Reduce -27.3% |
| DUK Duke Energy Corp. | 0.25% | 87,830 | $11.5M | Add +152.6% |
| WDC Western Digital Corp. | 0.25% | 42,349 | $11.5M | Reduce -3.5% |
| MAR Marriott International Class A | 0.24% | 34,235 | $11.2M | Reduce -3.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.24% | 399,450 | $10.9M | Reduce -46.1% |
| ADP Automatic Data Processing | 0.24% | 53,416 | $10.9M | Reduce -8.0% |
| ABBV Abbvie Inc. | 0.23% | 49,244 | $10.7M | Add +3.8% |
| PYPL PayPal Holdings Inc. | 0.23% | 228,684 | $10.3M | Reduce -4.8% |
| V Visa Inc. Class A | 0.22% | 33,897 | $10.2M | Add +0.7% |
| SYF Synchrony Financial | 0.22% | 145,709 | $9.9M | Add +22.8% |
Options reported separately and not counted above: AAPL puts ($491K), NVDA puts ($348K), MSFT puts ($293K), ABNB puts ($212K).
Portfolio Sells Q4 2025 → Q1 2026
| NEM Newmont Corp. | Reduce -96.8% | 0.02% | −0.48 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.47 |
| LRCX Lam Research Corp. | Reduce -47.0% | 1.24% | −0.45 |
| CTSH Cognizant Tech Solutions-A | Reduce -32.7% | 0.51% | −0.41 |
| AFL Aflac Inc. | Reduce -50.2% | 0.50% | −0.41 |
| DIS The Walt Disney Co. | Reduce -26.4% | 0.87% | −0.39 |
| LUV Southwest Airlines Co. | Reduce -48.2% | 0.39% | −0.36 |
| BSX Boston Scientific Corp. | Reduce -31.6% | 0.32% | −0.32 |
| MS Morgan Stanley | Reduce -54.0% | 0.27% | −0.30 |
| XOM Exxon Mobil Corp. | Reduce -59.6% | 0.49% | −0.29 |
| EBAY eBay Inc. | Reduce -44.7% | 0.49% | −0.28 |
| KO The Coca-Cola Co. | Reduce -50.4% | 0.38% | −0.25 |
| DASH DoorDash Inc. Class A | Reduce -42.2% | 0.16% | −0.21 |
| QCOM Qualcomm Inc. | Reduce -19.8% | 0.38% | −0.19 |
| CVS CVS Health Corp. | Reduce -26.7% | 0.51% | −0.18 |
| JNJ Johnson & Johnson | Reduce -50.8% | 0.33% | −0.18 |
| INTU Intuit Inc. | Reduce -3.2% | 0.42% | −0.18 |
| APP AppLovin Corp. Class A | Reduce -3.0% | 0.31% | −0.18 |
| VICI Vici Properties Inc. | Reduce -46.1% | 0.24% | −0.17 |
| SO The Southern Co. | Reduce -83.3% | 0.04% | −0.16 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.12 |
| ADBE Adobe Inc. | Reduce -4.7% | 0.33% | −0.12 |
| NUE Nucor Corp. | Reduce -68.4% | 0.07% | −0.12 |
| WLDN Willdan Group Inc. | Sold out | 0.00% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -39.0% | 0.46% | −0.09 |
| AVGO Broadcom Inc. | Reduce -3.2% | 2.12% | −0.09 |
| SHOP Shopify Inc. Class A | Reduce -2.3% | 0.35% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -3.0% | 0.49% | −0.09 |
| C Citigroup Inc. | Reduce -30.4% | 0.26% | −0.09 |
| ISRG Intuitive Surgical Inc. | Reduce -2.0% | 0.64% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -64.9% | 0.04% | −0.07 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -56.5% | 0.07% | −0.07 |
| GLW Corning Inc. | Reduce -88.9% | 0.02% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -7.7% | 0.51% | −0.06 |
| YUM Yum! Brands Inc. | Reduce -93.2% | 0.01% | −0.06 |
| TRV The Travelers Cos Inc. | Reduce -27.3% | 0.26% | −0.06 |
| ADP Automatic Data Processing | Reduce -8.0% | 0.24% | −0.06 |
| DVA Davita Inc. | Sold out | 0.00% | −0.05 |
| TEAM Atlassian Corp. Class A | Reduce -12.6% | 0.04% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.4% | 0.58% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -29.3% | 0.20% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -36.8% | 0.20% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -3.7% | 2.55% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -4.8% | 0.23% | −0.05 |
| DE Deere & Co. | Reduce -39.6% | 0.21% | −0.05 |
| MTZ Mastec Inc. | Reduce -86.3% | 0.01% | −0.05 |
| SCHW Schwab (charles) Corp. | Reduce -20.8% | 0.22% | −0.05 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.04 |
| APH Amphenol Corp. Class A | Reduce -10.3% | 0.54% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -54.4% | 0.06% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| WMT Walmart Inc. | Add +90.8% | 2.12% | +1.22 |
| COP Conocophillips | Add +244.4% | 0.80% | +0.65 |
| NFLX Netflix Inc. | Add +7.4% | 1.75% | +0.32 |
| SEPI Shelton Eqty Premium Inc. ETF | Add +30.7% | 1.04% | +0.29 |
| FCX Freeport-McMoran Inc. | Add +2453.2% | 0.26% | +0.25 |
| AKAM Akamai Technologies Inc. | Add +18.3% | 0.59% | +0.25 |
| DUK Duke Energy Corp. | Add +152.6% | 0.25% | +0.17 |
| RTX RTX Corp. | Add +19.1% | 0.58% | +0.16 |
| CAT Caterpillar Inc. | Add +8.9% | 0.48% | +0.16 |
| CF CF Industries Holdings Inc. | Add +7.5% | 0.30% | +0.15 |
| INTC Intel Corp. | Add +0.6% | 0.57% | +0.14 |
| NTAP Netapp Inc. | Add +14.7% | 0.78% | +0.14 |
| CNP Centerpoint Energy Inc. | Add +33.5% | 0.32% | +0.13 |
| ANET Arista Networks Inc. | Add +10.6% | 0.86% | +0.11 |
| HAL Halliburton Co. | New | 0.11% | +0.11 |
| JCI Johnson Controls Internation | Add +2.1% | 0.53% | +0.10 |
| PNC PNC Financial Services Group | Add +953.5% | 0.10% | +0.09 |
| GD General Dynamics Corp. | Add +792.5% | 0.09% | +0.08 |
| ORLY O'reilly Automotive Inc. | Add +5.1% | 0.51% | +0.08 |
| CMI Cummins Inc. | Add +817.7% | 0.08% | +0.07 |
| ABNB Airbnb Inc. Class A | Add +45.1% | 0.20% | +0.07 |
| BNY Bank of New York Mellon Corp. | Add +6.7% | 0.38% | +0.07 |
| AMD Advanced Micro Devices | Add +0.6% | 1.16% | +0.07 |
| VONG Vanguard Russell 1000 Growth | New | 0.06% | +0.06 |
| UPS United Parcel Service Class B | Add +378.7% | 0.07% | +0.06 |
| MNST Monster Beverage Corp. | Add +10.1% | 0.44% | +0.06 |
| WFC Wells Fargo & Co. | Add +103.5% | 0.11% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +13.4% | 0.29% | +0.05 |
| BILS SS Spdrb B 3-12M T-Bill ETF | New | 0.05% | +0.05 |
| AXP American Express Co. | Add +25.4% | 0.32% | +0.04 |
| CAH Cardinal Health Inc. | Add +24.5% | 0.13% | +0.04 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.04% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.04% | +0.04 |
| VRT Vertiv Holdings Co. Class A | Add +20.1% | 0.07% | +0.03 |
| VLU SS SPDR S&P 1500 Value Tilt | New | 0.03% | +0.03 |
| LDOS Leidos Holdings Inc. | Add +64.3% | 0.09% | +0.03 |
| TOTL SS Doubleline TR Tact ETF | New | 0.03% | +0.03 |
| VONE Vanguard Russell 1000 | New | 0.03% | +0.03 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.03% | +0.03 |
| OVL Overlay Shares Large Cap Eq | New | 0.03% | +0.03 |
| GSIE Goldman Sachs Activebeta Int | New | 0.03% | +0.03 |
| BAC Bank of America Corp. | Add +7.2% | 0.52% | +0.03 |
| BSCW Invesco Bulletshares 2032 CB | New | 0.03% | +0.03 |
| IBTL iShares Ibonds Dec 2031 Term | New | 0.03% | +0.03 |
| ITW Illinois Tool Works | Add +3.0% | 0.15% | +0.03 |
| XEL Xcel Energy Inc. | Add +1.6% | 0.14% | +0.02 |
| DBEF Xtrackers MSCI Eafe Hedged E | New | 0.02% | +0.02 |
| RLY SS Multi-Asset Real Ret ETF | New | 0.02% | +0.02 |
| VTHR Vanguard Russell 3000 | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | Add +5.3% | 0.07% | +0.02 |
Options Activity Q4 2025 → Q1 2026
| AAPL Apple Inc. | put | Add +9.1% | 86,500 | $491K |
| NVDA Nvidia Corp. | put | Reduce -10.4% | 174,200 | $348K |
| MSFT Microsoft Corp. | put | New | 6,900 | $293K |
| ABNB Airbnb Inc. Class A | put | New | 24,000 | $212K |
| WLDN Willdan Group Inc. | put | Sold out | 50,000 | $97Kbefore exit |
| NUE Nucor Corp. | put | Sold out | 33,100 | $18Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 744 | $5.4B | AAPL, NVDA, MSFT, MU, AMZN |
| Q1 2026 | 713 | $4.6B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q4 2025 | 699 | $5.1B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2025 | 720 | $4.7B | AAPL, NVDA, MSFT, AMZN, AVGO |
| Q2 2025 | 711 | $4.3B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q1 2025 | 693 | $4.2B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 723 | $4.0B | AAPL, NVDA, MSFT, AMZN, AVGO |
| Q3 2024 | 745 | $3.9B | AAPL, NVDA, MSFT, AMZN, META |
| Q2 2024 | 706 | $3.7B | AAPL, MSFT, NVDA, AMZN, META |
| Q1 2024 | 730 | $3.5B | AAPL, MSFT, NVDA, AMZN, META |