# Nelson Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1512611. Source: https://holderbook.com/funds/1512611-nelson-capital-management-llc/

- Reported value: $911.6M
- Positions: 120
- Weight of the ten largest: 65.4%
- Filed: 2026-07-24

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $321.3M | 1,606,013 | 35.3% | 16 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $49.5M | 694,445 | 5.4% | 31 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $40.7M | 776,458 | 4.5% | 14 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $38.2M | 200,639 | 4.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $27.0M | 76,367 | 3.0% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $26.9M | 93,035 | 3.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $26.0M | 69,664 | 2.9% | 31 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $25.1M | 864,508 | 2.8% | 27 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $23.0M | 124,403 | 2.5% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $18.8M | 61,952 | 2.1% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $15.8M | 134,419 | 1.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.1M | 59,183 | 1.5% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $13.6M | 41,528 | 1.5% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $12.6M | 210,736 | 1.4% | 31 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $12.6M | 122,916 | 1.4% | 12 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $12.0M | 61,096 | 1.3% | 29 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $10.9M | 14,592 | 1.2% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $10.4M | 13,877 | 1.1% | 29 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $10.4M | 30,226 | 1.1% | 31 |
| COLUMBIA ETF TR II | [XCEM](https://holderbook.com/stocks/XCEM/) | $9.9M | 186,368 | 1.1% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $8.9M | 9,464 | 1.0% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $8.6M | 55,494 | 0.9% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $7.2M | 6,027 | 0.8% | 10 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $7.0M | 46,481 | 0.8% | 21 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $6.9M | 46,778 | 0.8% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.9M | 23,345 | 0.6% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $5.7M | 107,249 | 0.6% | 31 |
| ISHARES TR | [IHAK](https://holderbook.com/stocks/IHAK/) | $5.7M | 93,976 | 0.6% | 10 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $4.9M | 15,466 | 0.5% | 21 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $4.4M | 24,017 | 0.5% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $4.4M | 8,384 | 0.5% | 14 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $4.3M | 27,406 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $4.3M | 97,351 | 0.5% | 29 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $3.8M | 35,162 | 0.4% | 31 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $3.7M | 31,794 | 0.4% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $3.7M | 38,485 | 0.4% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.6M | 26,380 | 0.4% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $3.6M | 7,095 | 0.4% | 25 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $3.5M | 38,450 | 0.4% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $3.5M | 24,295 | 0.4% | 13 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $3.3M | 118,460 | 0.4% | 25 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $3.2M | 9,530 | 0.4% | 12 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $3.2M | 15,810 | 0.3% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.2M | 6,306 | 0.3% | 24 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.1M | 8,809 | 0.3% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.1M | 18,422 | 0.3% | 31 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $3.0M | 37,319 | 0.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.0M | 36,420 | 0.3% | 13 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $2.9M | 12,636 | 0.3% | 11 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $2.9M | 8,978 | 0.3% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $2.9M | 7,167 | 0.3% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.8M | 7,658 | 0.3% | 27 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $2.8M | 8,271 | 0.3% | 31 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.8M | 35,959 | 0.3% | 18 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $2.6M | 6,363 | 0.3% | 8 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.5M | 30,436 | 0.3% | 31 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $2.4M | 20,176 | 0.3% | 22 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 5,779 | 0.2% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.8M | 25,580 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.8M | 34,359 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $1.7M | 33,949 | 0.2% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.5M | 10,472 | 0.2% | 31 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.4M | 8,884 | 0.2% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.3M | 5,224 | 0.1% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.3M | 8,652 | 0.1% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.3M | 2,885 | 0.1% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.2M | 1,596 | 0.1% | 10 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $1.1M | 3,484 | 0.1% | 1 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $1.1M | 2,503 | 0.1% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $989.1K | 1,756 | 0.1% | 14 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $933.1K | 18,451 | 0.1% | 27 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $809.0K | 3,632 | 0.1% | 23 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $792.3K | 9,198 | 0.1% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $780.0K | 2,154 | 0.1% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $773.4K | 2,268 | 0.1% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $755.9K | 13,383 | 0.1% | 22 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $728.7K | 1,689 | 0.1% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $716.7K | 673 | 0.1% | 4 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $590.2K | 24,449 | 0.1% | 27 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $575.2K | 5,079 | 0.1% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $569.1K | 1,507 | 0.1% | 8 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $556.7K | 7,065 | 0.1% | 4 |
| WISDOMTREE TR | [DHS](https://holderbook.com/stocks/DHS/) | $534.3K | 4,700 | 0.1% | 9 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $532.4K | 2,597 | 0.1% | 26 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $528.2K | 769 | 0.1% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $516.1K | 4,016 | 0.1% | 31 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $492.4K | 1,250 | 0.1% | 23 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $481.6K | 1,145 | 0.1% | 9 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $450.1K | 445 | 0.0% | 22 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $439.3K | 4,703 | 0.0% | 5 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $429.3K | 3,000 | 0.0% | 12 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $412.6K | 2,955 | 0.0% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $385.9K | 5,005 | 0.0% | 5 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $377.2K | 2,951 | 0.0% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $377.0K | 885 | 0.0% | 1 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $376.6K | 385 | 0.0% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $370.0K | 637 | 0.0% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $369.3K | 4,070 | 0.0% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $351.0K | 1,248 | 0.0% | 10 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $349.9K | 17,075 | 0.0% | 9 |

## 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 | +11.5% | +14.8% | -3.3% | 100% |
| Q1 2026 | -4.3% | -4.6% | +0.3% | 100% |
| Q4 2025 | +1.5% | +2.4% | -0.9% | 100% |
| Q3 2025 | +10.1% | +7.8% | +2.2% | 100% |
| Q2 2025 | +13.9% | +10.5% | +3.5% | 100% |
| Q1 2025 | -5.0% | -4.6% | -0.4% | 100% |
| Q4 2024 | +1.3% | +2.1% | -0.8% | 100% |
| Q3 2024 | +2.9% | +5.4% | -2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $911.6M | 120 |
| Q1 2026 | $819.2M | 108 |
| Q4 2025 | $854.6M | 107 |
| Q3 2025 | $839.7M | 108 |
| Q2 2025 | $756.5M | 101 |
| Q1 2025 | $579.0M | 101 |
| Q4 2024 | $604.8M | 107 |
| Q3 2024 | $594.1M | 109 |
| Q2 2024 | $563.5M | 105 |
| Q1 2024 | $523.1M | 103 |
| Q4 2023 | $447.0M | 94 |
| Q3 2023 | $407.8M | 91 |