# SHELTON CAPITAL MANAGEMENT

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1002784. Source: https://holderbook.com/funds/1002784-shelton-capital-management/

- Reported value: $5.4B
- Positions: 744
- Weight of the ten largest: 36.8%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $386.7M | 1,336,116 | 7.2% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $364.1M | 1,818,990 | 6.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $246.9M | 661,962 | 4.6% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $187.3M | 162,257 | 3.5% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $168.1M | 705,498 | 3.1% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $145.1M | 249,821 | 2.7% | 30 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $139.1M | 389,263 | 2.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $118.9M | 211,030 | 2.2% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $117.4M | 270,819 | 2.2% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $109.6M | 260,546 | 2.0% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $108.4M | 287,021 | 2.0% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $97.2M | 275,124 | 1.8% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $88.6M | 754,715 | 1.6% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $86.7M | 765,210 | 1.6% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $80.4M | 575,527 | 1.5% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $73.9M | 102,149 | 1.4% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $60.9M | 853,146 | 1.1% | 31 |
| SCM TRUST | [SEPI](https://holderbook.com/stocks/SEPI/) | $54.9M | 1,972,250 | 1.0% | 4 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $51.1M | 301,071 | 0.9% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $49.3M | 52,745 | 0.9% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $44.7M | 148,291 | 0.8% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $44.7M | 253,302 | 0.8% | 25 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $44.3M | 286,478 | 0.8% | 30 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $41.9M | 434,834 | 0.8% | 31 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $39.6M | 257,480 | 0.7% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $39.0M | 75,108 | 0.7% | 14 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $37.6M | 16,533 | 0.7% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $36.3M | 282,635 | 0.7% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $34.8M | 298,343 | 0.6% | 21 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $33.1M | 111,114 | 0.6% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $31.5M | 92,495 | 0.6% | 19 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $31.4M | 165,589 | 0.6% | 25 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $31.3M | 549,932 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $31.1M | 62,082 | 0.6% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $30.4M | 292,087 | 0.6% | 31 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $30.0M | 584,323 | 0.6% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $29.1M | 97,769 | 0.5% | 21 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $28.9M | 113,733 | 0.5% | 31 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $28.6M | 255,781 | 0.5% | 8 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $27.2M | 68,408 | 0.5% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $27.0M | 25,395 | 0.5% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $26.4M | 21,997 | 0.5% | 31 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $26.1M | 338,966 | 0.5% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $26.1M | 40,825 | 0.5% | 4 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $25.8M | 268,858 | 0.5% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $25.7M | 316,182 | 0.5% | 31 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $25.6M | 216,931 | 0.5% | 3 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $25.6M | 218,628 | 0.5% | 22 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $25.4M | 275,610 | 0.5% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $25.0M | 591,302 | 0.5% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $25.0M | 164,935 | 0.5% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $24.6M | 24,334 | 0.5% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $24.4M | 514,115 | 0.5% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $24.2M | 130,914 | 0.4% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $23.9M | 24,760 | 0.4% | 4 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $23.1M | 46,954 | 0.4% | 16 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $23.0M | 63,607 | 0.4% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $22.7M | 29,757 | 0.4% | 19 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $22.6M | 126,980 | 0.4% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $22.0M | 55,502 | 0.4% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $22.0M | 11,077 | 0.4% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $21.3M | 369,878 | 0.4% | 31 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $21.1M | 125,556 | 0.4% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $21.0M | 155,347 | 0.4% | 31 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $20.5M | 834,167 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $20.3M | 39,520 | 0.4% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $20.2M | 159,685 | 0.4% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $18.6M | 56,480 | 0.3% | 31 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $18.3M | 48,818 | 0.3% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $17.6M | 105,940 | 0.3% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $17.5M | 138,734 | 0.3% | 31 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $17.5M | 33,998 | 0.3% | 15 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $16.8M | 47,502 | 0.3% | 31 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $16.6M | 377,829 | 0.3% | 4 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $16.2M | 252,530 | 0.3% | 26 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $16.2M | 156,347 | 0.3% | 31 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $16.1M | 212,354 | 0.3% | 3 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $15.5M | 43,722 | 0.3% | 9 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $14.8M | 129,890 | 0.3% | 5 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $14.8M | 20,718 | 0.3% | 15 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $14.6M | 29,423 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $14.3M | 50,822 | 0.3% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $14.2M | 98,532 | 0.3% | 15 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $14.2M | 225,119 | 0.3% | 23 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $14.0M | 136,732 | 0.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $13.9M | 94,538 | 0.3% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $13.7M | 40,373 | 0.3% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $13.5M | 98,761 | 0.3% | 31 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $13.1M | 97,452 | 0.2% | 21 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $13.1M | 91,258 | 0.2% | 31 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $12.8M | 40,568 | 0.2% | 31 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $12.7M | 328,632 | 0.2% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.6M | 38,456 | 0.2% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $12.6M | 58,109 | 0.2% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $12.3M | 60,054 | 0.2% | 31 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $12.2M | 32,983 | 0.2% | 31 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $12.0M | 453,145 | 0.2% | 8 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $12.0M | 85,779 | 0.2% | 31 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $11.1M | 42,496 | 0.2% | 31 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $11.0M | 101,251 | 0.2% | 17 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +19.2% | +14.8% | +4.4% | 100% |
| Q1 2026 | -4.4% | -4.6% | +0.2% | 100% |
| Q4 2025 | +2.6% | +2.4% | +0.3% | 100% |
| Q3 2025 | +8.5% | +7.8% | +0.7% | 100% |
| Q2 2025 | +12.8% | +10.5% | +2.3% | 100% |
| Q1 2025 | -6.2% | -4.6% | -1.6% | 100% |
| Q4 2024 | +3.0% | +2.1% | +0.9% | 100% |
| Q3 2024 | +4.9% | +5.4% | -0.6% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.4B | 744 |
| Q1 2026 | $4.6B | 713 |
| Q4 2025 | $5.1B | 699 |
| Q3 2025 | $4.7B | 720 |
| Q2 2025 | $4.3B | 711 |
| Q1 2025 | $4.2B | 693 |
| Q4 2024 | $4.0B | 723 |
| Q3 2024 | $3.9B | 745 |
| Q2 2024 | $3.7B | 706 |
| Q1 2024 | $3.5B | 730 |
| Q4 2023 | $3.2B | 718 |
| Q3 2023 | $2.7B | 692 |