Institution

Shelton Capital Management

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1002784

Reported value: $5.4bn
Positions we cover: 661
Copy, a year: +16.5%
Copy Sharpe ratio: 0.79

How copying its 13F would have done

CopyS&P 500 $10,000 copying Shelton Capital Management's filed holdings in companies we cover from February 5, 2016, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.1% (S&P 500 −31.8%); beta 1.04; alpha +0.3% a year (t = 0.26); last 12 months +11.5% against +12.1%.

Reported value by quarter

Shelton Capital Management: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2015-12-31	$1B
2016-03-31	$1.1B
2016-06-30	$1.1B
2016-09-30	$1.2B
2016-12-31	$1.3B
2017-03-31	$1.3B
2017-06-30	$1.4B
2017-09-30	$1.5B
2017-12-31	$1.5B
2018-03-31	$1.5B
2018-06-30	$1.6B
2018-09-30	$1.7B
2018-12-31	$1.4B
2019-03-31	$25.3B
2019-06-30	$1.7B
2019-09-30	$1.7B
2019-12-31	$1.8B
2020-03-31	$1.2B
2020-06-30	$1.7B
2020-09-30	$2.4B
2020-12-31	$2.2B
2021-03-31	$2.9B
2021-06-30	$2.6B
2021-09-30	$2.5B
2021-12-31	$2.8B
2022-03-31	$2.7B
2022-06-30	$2.2B
2022-09-30	$2.1B
2022-12-31	$949.4B
2023-03-31	$2.4B
2023-06-30	$2.8B
2023-09-30	$2.7B
2023-12-31	$3.1B
2024-03-31	$3.5B
2024-06-30	$3.7B
2024-09-30	$3.9B
2024-12-31	$4B
2025-03-31	$4.2B
2025-06-30	$4.3B
2025-09-30	$4.7B
2025-12-31	$5.1B
2026-03-31	$4.6B
2026-06-30	$5.4B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	7.17%	$386.6m	1.34M	−4.8% Reduced
NVDANVIDIA Corporation	6.75%	$364.0m	1.82M	−6.3% Reduced
MSFTMicrosoft Corporation	4.58%	$246.9m	662.0K	−0.4%
MUMicron Technology	3.47%	$187.3m	162.3K	−6.0% Reduced
AMZNAmazon	3.12%	$168.1m	705.5K	−2.0% Reduced
AMDAdvanced Micro Devices	2.69%	$145.1m	249.8K	−4.2% Reduced
GOOGLAlphabet Inc. (Class A)	2.58%	$139.1m	389.3K	−4.0% Reduced
METAMeta Platforms	2.20%	$118.9m	211.0K	+4.7% Added
LRCXLam Research	2.18%	$117.4m	270.8K	+2.5% Added
TSLATesla, Inc.	2.03%	$109.6m	260.5K	−3.7% Reduced
AVGOBroadcom	2.01%	$108.4m	287.0K	−8.3% Reduced
CSCOCisco	1.64%	$88.6m	754.7K	−16.3% Reduced
WMTWalmart	1.61%	$86.7m	765.2K	−1.9% Reduced
INTCIntel	1.49%	$80.4m	575.5K	−2.9% Reduced
AMATApplied Materials	1.37%	$73.9m	102.1K	+3.1% Added
NFLXNetflix	1.13%	$60.9m	853.1K	+2.5% Added
ANETArista Networks	0.95%	$51.1m	301.1K	−5.6% Reduced
COSTCostco	0.92%	$49.3m	52.7K	−11.2% Reduced
KLACKLA Corporation	0.83%	$44.7m	148.3K	+858.1% Added
APHAmphenol	0.83%	$44.7m	253.3K	+29.9% Added
NTAPNetApp	0.82%	$44.3m	286.5K	−18.0% Reduced
DISThe Walt Disney Company	0.78%	$41.9m	434.8K	+5.3% Added
FTNTFortinet	0.73%	$39.6m	257.5K	+200.5% Added
LINLinde plc	0.72%	$39.0m	75.1K	+5.4% Added
SNDKSandisk	0.70%	$37.6m	16.5K	+849.1% Added
MRKMerck & Co.	0.67%	$36.3m	282.6K	+10.5% Added
PLTRPalantir Technologies Inc.	0.65%	$34.8m	298.3K	−2.9% Reduced
TXNTexas Instruments	0.61%	$33.1m	111.1K	New
PANWPalo Alto Networks	0.58%	$31.5m	92.5K	−36.3% Reduced
RTXRTX Corporation	0.58%	$31.4m	165.6K	+20.0% Added
BACBank of America	0.58%	$31.3m	549.9K	+12.1% Added
COPConocoPhillips	0.56%	$30.4m	292.1K	+6.0% Added
LUVSouthwest Airlines	0.56%	$30.0m	584.3K	+23.8% Added
MRVLMarvell Technology	0.54%	$29.1m	97.8K	+1.7% Added
JNJJohnson & Johnson	0.54%	$28.9m	113.7K	+83.3% Added
EBAYeBay Inc.	0.53%	$28.6m	255.8K	+3.6% Added
ISRGIntuitive Surgical	0.50%	$27.2m	68.4K	+8.0% Added
CATCaterpillar Inc.	0.50%	$27.0m	25.4K	−17.8% Reduced
LLYLilly (Eli)	0.49%	$26.4m	22.0K	+5.1% Added
GMGeneral Motors	0.48%	$26.1m	339.0K	+16.5% Added
WDCWestern Digital	0.48%	$26.1m	40.8K	−3.6% Reduced
MNSTMonster Beverage	0.48%	$25.8m	268.9K	−4.0% Reduced
KOThe Coca-Cola Company	0.48%	$25.7m	316.2K	+39.2% Added
AKAMAkamai Technologies	0.48%	$25.6m	216.9K	−7.9% Reduced
AFLAflac	0.47%	$25.6m	218.6K	+5.9% Added
ORLYO'Reilly Automotive	0.47%	$25.4m	275.6K	+9.0% Added
VZVerizon	0.46%	$25.0m	591.3K	+39.7% Added
TJXTJX Companies	0.46%	$25.0m	164.9K	+7.4% Added
GSGoldman Sachs	0.46%	$24.6m	24.3K	+57.1% Added
CSXCSX Corporation	0.45%	$24.4m	514.1K	+136.5% Added
QCOMQualcomm	0.45%	$24.2m	130.9K	−1.7% Reduced
STXSeagate Technology	0.44%	$23.9m	24.8K	−1.6% Reduced
TTTrane Technologies	0.43%	$23.1m	47.0K	+14.9% Added
AMGNAmgen	0.43%	$23.0m	63.6K	−14.1% Reduced
CRWDCrowdStrike	0.42%	$22.7m	29.8K	−21.4% Reduced
BKNGBooking Holdings	0.42%	$22.6m	127.0K	+2302.6% Added
ADIAnalog Devices	0.41%	$22.0m	55.5K	−3.7% Reduced
ASMLAsml Holding NV	0.41%	$22.0m	11.1K	−2.2% Reduced
BMYBristol Myers Squibb	0.40%	$21.3m	369.9K	+151.6% Added
TMUST-Mobile US	0.39%	$21.1m	125.6K	−5.0% Reduced
PEPPepsiCo	0.39%	$21.0m	155.3K	−3.8% Reduced
CMCSAComcast	0.38%	$20.5m	834.2K	−2.0% Reduced
MAMastercard	0.38%	$20.3m	39.5K	−0.1%
DUKDuke Energy	0.38%	$20.2m	159.7K	+81.8% Added
TRVThe Travelers Companies	0.35%	$18.6m	56.5K	+40.7% Added
CDNSCadence Design Systems Inc	0.34%	$18.3m	48.8K	−25.6% Reduced
CVXChevron Corporation	0.33%	$17.6m	105.9K	+17.3% Added
GILDGilead Sciences	0.33%	$17.5m	138.7K	−3.6% Reduced
APPApplovin Corp	0.33%	$17.5m	34.0K	−4.0% Reduced
HDThe Home Depot	0.31%	$16.8m	47.5K	−2.0% Reduced
CNPCenterPoint Energy	0.31%	$16.6m	377.8K	+10.4% Added
CNCCentene Corporation	0.30%	$16.2m	252.5K	+454.5% Added
CVSCVS Health	0.30%	$16.2m	156.3K	−51.9% Reduced
SYFSynchrony Financial	0.30%	$16.1m	212.4K	+45.7% Added
ARMARM Holdings PLC	0.29%	$15.5m	43.7K	+179.0% Added
SHOPShopify Inc.	0.28%	$14.8m	129.9K	−4.6% Reduced
CMICummins	0.27%	$14.8m	20.7K	+202.6% Added
VRTXVertex Pharmaceuticals	0.27%	$14.6m	29.4K	−19.1% Reduced
IBMIBM	0.27%	$14.3m	50.8K	−0.2%
BNYBNY Mellon	0.26%	$14.2m	98.5K	−32.4% Reduced
FCXFreeport-McMoRan	0.26%	$14.2m	225.1K	+10.9% Added
SBUXStarbucks	0.26%	$14.0m	136.7K	−4.3% Reduced
PGProcter & Gamble	0.26%	$13.9m	94.5K	+50.8% Added
AXPAmerican Express	0.25%	$13.7m	40.4K	−16.8% Reduced
CBRECBRE Group	0.24%	$13.1m	97.5K	+8.5% Added
EMREmerson Electric	0.24%	$13.1m	91.3K	−0.1%
NSCNorfolk Southern	0.24%	$12.8m	40.6K	+552.1% Added
CTSHCognizant	0.24%	$12.7m	328.6K	−12.9% Reduced
JPMJPMorgan Chase	0.23%	$12.6m	38.5K	−11.0% Reduced
BABoeing	0.23%	$12.6m	58.1K	−21.1% Reduced
ADBEAdobe Inc.	0.23%	$12.3m	60.1K	−3.3% Reduced
MARMarriott International	0.23%	$12.2m	33.0K	−3.7% Reduced
VICIVici Properties	0.22%	$12.0m	453.1K	+13.4% Added
CCitigroup	0.22%	$12.0m	85.8K	−18.6% Reduced
INTUIntuit	0.21%	$11.1m	42.5K	−3.2% Reduced
CFCF Industries	0.20%	$11.0m	101.3K	−4.3% Reduced
VVisa Inc.	0.20%	$10.8m	31.5K	−7.1% Reduced
ABBVAbbVie	0.20%	$10.6m	42.2K	−14.3% Reduced
CEGConstellation Energy	0.20%	$10.6m	42.7K	−45.6% Reduced
UNHUnitedHealth Group	0.19%	$10.3m	24.8K	−27.3% Reduced
ADPAutomatic Data Processing	0.19%	$10.1m	44.9K	−15.9% Reduced
CRMSalesforce	0.19%	$10.0m	64.0K	−1.2% Reduced
ABNBAirbnb	0.18%	$10.0m	69.8K	−3.2% Reduced
BSXBoston Scientific	0.18%	$9.9m	232.1K	−0.2%
DDOGDatadog, Inc.	0.18%	$9.7m	37.3K	−1.3% Reduced
SNPSSynopsys Inc	0.18%	$9.5m	21.4K	−7.8% Reduced
PYPLPayPal	0.18%	$9.5m	220.5K	−3.6% Reduced
DELLDell Technologies	0.17%	$9.4m	21.7K	+1011.2% Added
FASTFastenal	0.17%	$9.2m	191.9K	−1.6% Reduced
MELIMercadolibre Inc	0.17%	$9.2m	5.4K	−3.7% Reduced
VSTVistra Corp.	0.17%	$8.9m	56.4K	+180.7% Added
TGTTarget Corporation	0.16%	$8.6m	65.8K	+240.8% Added
HLTHilton Worldwide	0.16%	$8.6m	25.9K	+148.1% Added
DASHDoorDash	0.16%	$8.5m	45.9K	−3.1% Reduced
AEPAmerican Electric Power	0.16%	$8.4m	61.7K	−1.6% Reduced
ALABAstera Labs, Inc.	0.16%	$8.4m	17.4K	New
MDLZMondelez International	0.15%	$8.3m	143.4K	−3.5% Reduced
TERTeradyne	0.15%	$8.1m	16.7K	+1914.7% Added
CTASCintas	0.15%	$8.0m	47.1K	−3.4% Reduced
HONHoneywell Technologies	0.15%	$8.0m	35.5K	New
NXPINXP Semiconductors	0.15%	$7.9m	28.2K	−65.6% Reduced
HONAHoneywell Aerospace	0.15%	$7.9m	35.5K	New
MSMorgan Stanley	0.14%	$7.7m	36.9K	−51.0% Reduced
ROSTRoss Stores	0.14%	$7.7m	36.1K	−3.9% Reduced
MPWRMonolithic Power Systems, Inc.	0.14%	$7.6m	5.5K	−2.6% Reduced
GDGeneral Dynamics	0.14%	$7.4m	20.9K	+69.7% Added
REGNRegeneron Pharmaceuticals	0.13%	$7.1m	11.5K	−34.5% Reduced
ITWIllinois Tool Works	0.13%	$7.1m	26.2K	0.0%
PCARPaccar	0.13%	$7.1m	58.7K	−4.1% Reduced
LITELumentum	0.13%	$6.8m	7.9K	+1999.2% Added
IRMIron Mountain	0.12%	$6.7m	52.8K	New
XELXcel Energy	0.12%	$6.5m	81.1K	−1.7% Reduced
BKRBaker Hughes	0.12%	$6.3m	112.8K	−2.1% Reduced
NBISNebius Group N.V.	0.11%	$6.2m	22.3K	New
RKLBRocket Lab Corp	0.11%	$6.0m	58.6K	New
ULTAUlta Beauty	0.11%	$5.9m	13.1K	−13.8% Reduced
EXCExelon	0.11%	$5.9m	126.6K	−2.1% Reduced
ORCLOracle Corporation	0.11%	$5.8m	39.3K	−25.7% Reduced
DHID. R. Horton	0.10%	$5.6m	34.4K	−0.3%
MCHPMicrochip Technology Inc	0.10%	$5.6m	60.9K	−2.2% Reduced
CMGChipotle Mexican Grill	0.10%	$5.5m	161.0K	0.0%
FANGDiamondback Energy	0.10%	$5.5m	31.0K	−3.8% Reduced
PDDPDD Holdings Inc.	0.10%	$5.4m	70.8K	−4.4% Reduced
FERFerrovial N.V.	0.10%	$5.4m	78.1K	−2.1% Reduced
TTWOTake TWO Interactive Software Inc	0.10%	$5.2m	20.8K	−3.2% Reduced
AXONAxon Enterprise	0.10%	$5.2m	9.2K	−0.1%
ODFLOld Dominion	0.09%	$5.1m	23.5K	−1.9% Reduced
MSCIMSCI	0.09%	$4.9m	8.8K	+137.9% Added
KDPKeurig Dr Pepper	0.09%	$4.9m	150.5K	−3.4% Reduced
ACNAccenture	0.09%	$4.8m	38.5K	−0.2%

Company	Bought (value)	Shares
KLACKLA Corporation	$40.1m	132.8K
SNDKSandisk	$33.6m	14.8K
TXNTexas Instruments	$33.1m	111.1K
FTNTFortinet	$26.4m	171.8K
BKNGBooking Holdings	$21.7m	121.7K
CSXCSX Corporation	$14.1m	296.8K
CNCCentene Corporation	$13.3m	207.0K
JNJJohnson & Johnson	$13.1m	51.7K
BMYBristol Myers Squibb	$12.8m	222.9K
NSCNorfolk Southern	$10.8m	34.3K
APHAmphenol	$10.3m	58.2K
ARMARM Holdings PLC	$9.9m	28.1K
CMICummins	$9.9m	13.9K
DUKDuke Energy	$9.1m	71.9K
GSGoldman Sachs	$8.9m	8.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
NVDANVIDIA Corporation	−$24.3m	−121.3K
JCIJohnson Controls	−$23.6m	−161.6K
AAPLApple Inc.	−$19.4m	−67.1K
PANWPalo Alto Networks	−$18.0m	−52.8K
CVSCVS Health	−$17.5m	−169.0K
CSCOCisco	−$17.2m	−146.6K
NXPINXP Semiconductors	−$15.1m	−53.7K
MUMicron Technology	−$12.0m	−10.4K
HPEHewlett Packard Enterprise	−$11.0m	−244.4K
AVGOBroadcom	−$9.8m	−26.0K
NTAPNetApp	−$9.8m	−63.0K
CEGConstellation Energy	−$8.9m	−35.8K
SCHWCharles Schwab Corporation	−$8.6m	−93.7K
MSMorgan Stanley	−$8.0m	−38.4K
BNYBNY Mellon	−$6.8m	−47.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
IRIngersoll Rand	$5.3m	66.1K
INSMInsmed Inc	$4.0m	24.2K
CHTRCharter Communications	$3.2m	14.6K
ZSZscaler, Inc.	$2.5m	18.1K
AWKAmerican Water Works	$2.4m	17.8K
STZConstellation Brands	$2.4m	15.8K
NRGNRG Energy	$2.3m	15.6K
CSGPCoStar Group	$2.0m	48.7K
TAPMolson Coors Beverage Co	$1.5m	35.1K
XYZBlock, Inc.	$1.5m	24.5K
FISFidelity National Information Services	$977,135	20.8K
SWKSSkyworks Solutions, Inc.	$949,120	17.7K
CASYCasey's	$876,343	1.2K
VSNTVersant Media Group, Inc.	$838,466	22.6K
ERICEricsson LM Telephone Co	$775,455	68.8K
DPZDomino's	$750,230	2.1K
NDAQNasdaq, Inc.	$699,494	8.2K
ERIIEnergy Recovery, Inc.	$467,097	46.4K
ZTSZoetis	$285,123	2.4K
PRIMPrimoris Services Corp	$262,908	1.8K
MTDRMatador Resources Co	$251,646	4.0K
RDWRRadware LTD	$248,540	9.4K
SMSM Energy Co	$244,545	7.8K
KRKroger	$243,488	3.4K
JXNJackson Financial Inc.	$240,302	2.3K
INGRIngredion Inc	$236,248	2.1K
CECelanese Corp	$234,996	3.6K
AWIArmstrong World Industries Inc	$232,533	1.4K
WFRDWeatherford International plc	$229,829	2.4K
CHWYChewy, Inc.	$216,540	8.0K

Technology51.5%
Consumer Discretionary10.3%
Communication Services8.6%
Industrials7.4%
Health Care6.0%
Consumer Staples5.2%
Financials5.1%
Utilities1.8%
Materials1.6%
Energy1.5%
Real Estate0.8%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 5, 2016 to November 2, 2026	+16.5%	+15.7%	0.79	0.79	−32.1%	1.04
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.6%	+13.9%	0.56	0.66	−32.1%	1.07
Last three yearsNovember 3, 2023 to November 2, 2026	+20.6%	+21.8%	0.98	1.16	−19.4%	1.12
Last yearNovember 7, 2025 to November 2, 2026	+14.4%	+14.2%	0.74	0.84	−8.8%	1.13

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.