Institutional Manager · CIK 0001512611
Nelson Capital Management, LLC
MENLO PARK, CA · File #028-14154
Latest AUM
$854.6M
Positions
107
Top-10 Concentration
68.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SELECT SECTOR SPDR TR | 81369Y803 | +94,571 | +$13.6M | -$9.4M |
| ADD | ISHARES TR | 464288646 | +86,242 | +$4.6M | -$86,143 |
| NEW | NETFLIX INC | NFLX | +26,042 | +$2.4M | $0 |
| REDUCE | VERIZON COMMUNICATIONS INC | VZ | -54,829 | -$2.2M | -$197,961 |
| EXITED | COMCAST CORP NEW | 20030N101 | -70,091 | -$2.2M | $0 |
| ADD | SELECT SECTOR SPDR TR | 81369Y407 | +15,179 | +$1.8M | -$1.7M |
| REDUCE | ADOBE INC | ADBE | -4,111 | -$1.4M | -$19,190 |
| ADD | SPDR SERIES TRUST | 78468R101 | +31,724 | +$928,879 | -$33,319 |
| REDUCE | ALPHABET INC | GOOG | -2,936 | -$921,317 | +$5.8M |
| ADD | SELECT SECTOR SPDR TR | 81369Y506 | +17,712 | +$791,904 | -$833,510 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025107 pos · $854.6M
- 13F HOLDINGS REPORTQ/E Sep 2025108 pos · $839.7M
- 13F HOLDINGS REPORTQ/E Jun 2025101 pos · $756.5M
- 13F HOLDINGS REPORTQ/E Mar 2025101 pos · $579.0M
- 13F HOLDINGS REPORTQ/E Dec 2024108 pos · $604.8M
- 13F HOLDINGS REPORTQ/E Sep 2024110 pos · $594.1M
- 13F HOLDINGS REPORTQ/E Jun 2024105 pos · $563.5M
- 13F HOLDINGS REPORTQ/E Mar 2024103 pos · $523.1M
- 13F HOLDINGS REPORTQ/E Dec 202391 pos · $407.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 1,600,451 | $298.5M | 37.54% |
| 2 | VANGUARD TAX-MANAGED FDS | 921943858 | 643,177 | $40.2M | 5.05% |
| 3 | ISHARES TR | 464288646 | 660,602 | $34.9M | 4.39% |
| 4 | MICROSOFT CORP | MSFT | 68,627 | $33.2M | 4.17% |
| 5 | APPLE INC | AAPL | 95,940 | $26.1M | 3.28% |
| 6 | SPDR SERIES TRUST | 78468R101 | 865,293 | $25.3M | 3.19% |
| 7 | ALPHABET INC | GOOG | 79,214 | $24.9M | 3.13% |
| 8 | SELECT SECTOR SPDR TR | 81369Y803 | 163,088 | $23.5M | 2.95% |
| 9 | SELECT SECTOR SPDR TR | 81369Y704 | 129,065 | $20.0M | 2.52% |
| 10 | VANGUARD INDEX FDS | 922908751 | 62,859 | $16.2M | 2.04% |
| 11 | JPMORGAN CHASE & CO. | VYLD | 43,520 | $14.0M | 1.76% |
| 12 | AMAZON COM INC | AMZN | 59,783 | $13.8M | 1.74% |
| 13 | VANGUARD WORLD FD | 92204A876 | 61,406 | $11.4M | 1.43% |
| 14 | VISA INC | V | 30,522 | $10.7M | 1.35% |
| 15 | CISCO SYS INC | CSCO | 135,543 | $10.4M | 1.31% |
| 16 | SPDR S&P 500 ETF TR | SPY | 15,048 | $10.3M | 1.29% |
| 17 | AGNICO EAGLE MINES LTD | AEM | 56,519 | $9.6M | 1.21% |
| 18 | ISHARES INC | 46434G764 | 129,229 | $9.4M | 1.18% |
| 19 | ISHARES TR | 464287200 | 13,674 | $9.4M | 1.18% |
| 20 | VANGUARD INTL EQUITY INDEX F | 922042858 | 157,399 | $8.5M | 1.06% |