SHELTON CAPITAL MANAGEMENT

Denver, CO · CIK 1002784 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 1985 · limited partnership

Assets managed$6.5bn
Staff48 · 23 in investment roles
Main clients (by assets)Mutual funds and ETFs 72%, High net worth individuals 12%, Individuals 8%
Form ADV · 2026-08-03SEC adviser record

Legal entityCCM Partners, LP (US)

Kindmutual funds, futures
Others nearbyDenver, CO, Chesterfield, MO, Menlo Park, CA, Memphis, TN

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Denver, CO (main office)United States	United States	about 19
Chesterfield, MOUnited States	United States	2
Memphis, TNUnited States	United States	1
Menlo Park, CAUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$5.4bn reported value +18.0% vs Q1 2026

744positions

36.8%in top 10

91 new 106 added 389 reduced 60 sold out vs Q1 2026

Options: 0 call positions (— notional), 5 put positions ($261.3k notional) – listed below, not included above.

Also in the report of:

Vident Advisory, LLC – $154.2m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	1,336,116	$386.6m7.17%	7.17%	Reduced -67.1k	-67,073 -4.8%
2	NVIDIA CORPORATION COM NVDA	NVDA	1,818,990	$364.0m6.75%	6.75%	Reduced -121.3k	-121,300 -6.2%
3	MICROSOFT CORP COM MSFT	MSFT	661,962	$246.9m4.58%	4.58%	Reduced -2.3k	-2,339 -0.3%
4	MICRON TECHNOLOGY INC COM MU	MU	162,257	$187.3m3.47%	3.47%	Reduced -10.4k	-10,428 -6.0%
5	AMAZON COM INC COM AMZN	AMZN	705,498	$168.1m3.12%	3.12%	Reduced -14.6k	-14,633 -2.0%
6	ADVANCED MICRO DEVICES INC COM AMD	AMD	249,821	$145.1m2.69%	2.69%	Reduced -10.9k	-10,926 -4.2%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	389,263	$139.1m2.58%	2.58%	Reduced -16.1k	-16,095 -4.0%
8	META PLATFORMS INC CL A META	META	211,030	$118.9m2.20%	2.20%	Added +9.5k	+9,464 4.7%
9	LAM RESEARCH CORP COM NEW LRCX	LRCX	270,819	$117.4m2.18%	2.18%	Added +6.6k	+6,565 2.5%
10	TESLA INC COM TSLA	TSLA	260,546	$109.6m2.03%	2.03%	Reduced -10.1k	-10,089 -3.7%
11	BROADCOM INC COM AVGO	AVGO	287,021	$108.4m2.01%	2.01%	Reduced -26.0k	-25,969 -8.3%
12	ALPHABET INC CAP STK CL C GOOG	GOOG	275,124	$97.2m1.80%	1.80%	Reduced -1.3k	-1,256 -0.5%
13	CISCO SYS INC COM CSCO	CSCO	754,715	$88.6m1.64%	1.64%	Reduced -146.6k	-146,569 -16.3%
14	WALMART INC COM WMT	WMT	765,210	$86.7m1.61%	1.61%	Reduced -14.5k	-14,492 -1.9%
15	INTEL CORP COM INTC	INTC	575,527	$80.4m1.49%	1.49%	Reduced -17.5k	-17,481 -3.0%
16	APPLIED MATLS INC COM AMAT	AMAT	102,149	$73.9m1.37%	1.37%	Added +3.1k	+3,085 3.1%
17	NETFLIX INC COM NFLX	NFLX	853,146	$60.9m1.13%	1.13%	Added +21.2k	+21,182 2.5%
18	SCM TRUST SHELTON EQT PRE SEPI	SEPI	1,972,250	$54.9m1.02%	1.02%	Added +73.2k	+73,225 3.9%
19	ARISTA NETWORKS INC COM SHS ANET	ANET	301,071	$51.1m0.95%	0.95%	Reduced -17.9k	-17,899 -5.6%
20	COSTCO WHSL CORP NEW COM COST	COST	52,745	$49.3m0.92%	0.92%	Reduced -6.6k	-6,642 -11.2%
21	KLA CORP COM NEW KLAC	KLAC	148,291	$44.7m0.83%	0.83%	Reduced -6.5k	-6,489 -4.2%
22	AMPHENOL CORP CL A APH	APH	253,302	$44.7m0.83%	0.83%	Added +58.2k	+58,247 29.9%
23	NETAPP INC COM NTAP	NTAP	286,478	$44.3m0.82%	0.82%	Reduced -63.0k	-63,005 -18.0%
24	DISNEY WALT CO COM DIS	DIS	434,834	$41.9m0.78%	0.78%	Added +21.7k	+21,730 5.3%
25	FORTINET INC COM FTNT	FTNT	257,480	$39.6m0.73%	0.73%	Added +171.8k	+171,785 200.5%
26	LINDE PLC SHS LIN	LIN	75,108	$39.0m0.72%	0.72%	Added +3.9k	+3,855 5.4%
27	SANDISK CORP COM SNDK	SNDK	16,533	$37.6m0.70%	0.70%	Added +14.8k	+14,791 849.1%
28	MERCK & CO INC COM MRK	MRK	282,635	$36.3m0.67%	0.67%	Added +26.8k	+26,822 10.5%
29	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	298,343	$34.8m0.65%	0.65%	Reduced -9.1k	-9,062 -3.0%
30	TEXAS INSTRS INC COM TXN	TXN	111,114	$33.1m0.61%	0.61%	New
31	PALO ALTO NETWORKS INC COM PANW	PANW	92,495	$31.5m0.58%	0.58%	Reduced -52.8k	-52,777 -36.3%
32	RTX CORPORATION COM RTX	RTX	165,589	$31.4m0.58%	0.58%	Added +27.6k	+27,588 20.0%
33	BANK AMERICA CORP COM BAC	BAC	549,932	$31.3m0.58%	0.58%	Added +59.3k	+59,319 12.1%
34	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	62,082	$31.1m0.58%	0.58%	Added +6.8k	+6,776 12.2%
35	CONOCOPHILLIPS COM COP	COP	292,087	$30.4m0.56%	0.56%	Added +16.4k	+16,434 6.0%
36	SOUTHWEST AIRLS CO COM LUV	LUV	584,323	$30.0m0.56%	0.56%	Added +112.2k	+112,236 23.8%
37	MARVELL TECHNOLOGY INC COM MRVL	MRVL	97,769	$29.1m0.54%	0.54%	Added +1.6k	+1,633 1.7%
38	JOHNSON & JOHNSON COM JNJ	JNJ	113,733	$28.9m0.54%	0.54%	Added +51.7k	+51,671 83.3%
39	EBAY INC. COM EBAY	EBAY	255,781	$28.6m0.53%	0.53%	Added +8.8k	+8,833 3.6%
40	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	68,408	$27.2m0.50%	0.50%	Added +5.0k	+5,046 8.0%
41	CATERPILLAR INC COM CAT	CAT	25,395	$27.0m0.50%	0.50%	Reduced -5.5k	-5,484 -17.8%
42	ELI LILLY & CO COM LLY	LLY	21,997	$26.4m0.49%	0.49%	Added +1.1k	+1,068 5.1%
43	GENERAL MTRS CO COM GM	GM	338,966	$26.1m0.48%	0.48%	Added +47.9k	+47,918 16.5%
44	WESTERN DIGITAL CORP COM WDC	WDC	40,825	$26.1m0.48%	0.48%	Reduced -1.5k	-1,524 -3.6%
45	MONSTER BEVERAGE CORP NEW COM MNST	MNST	268,858	$25.8m0.48%	0.48%	Reduced -11.1k	-11,096 -4.0%
46	COCA COLA CO COM KO	KO	316,182	$25.7m0.48%	0.48%	Added +89.1k	+89,094 39.2%
47	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	216,931	$25.6m0.48%	0.48%	Reduced -18.7k	-18,700 -7.9%
48	AFLAC INC COM AFL	AFL	218,628	$25.6m0.48%	0.48%	Added +12.2k	+12,209 5.9%
49	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	275,610	$25.4m0.47%	0.47%	Added +22.8k	+22,838 9.0%
50	VERIZON COMMUNICATIONS INC COM VZ	VZ	591,302	$25.0m0.46%	0.46%	Added +168.1k	+168,113 39.7%
51	TJX COS INC NEW COM TJX	TJX	164,935	$25.0m0.46%	0.46%	Added +11.4k	+11,423 7.4%
52	GOLDMAN SACHS GROUP INC COM GS	GS	24,334	$24.6m0.46%	0.46%	Added +8.8k	+8,846 57.1%
53	CSX CORP COM CSX	CSX	514,115	$24.4m0.45%	0.45%	Added +296.8k	+296,759 136.5%
54	QUALCOMM INC COM QCOM	QCOM	130,914	$24.2m0.45%	0.45%	Reduced -2.3k	-2,281 -1.7%
55	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	24,760	$23.9m0.44%	0.44%	Reduced -395	-395 -1.6%
56	TRANE TECHNOLOGIES PLC SHS TT	TT	46,954	$23.1m0.43%	0.43%	Added +6.1k	+6,075 14.9%
57	AMGEN INC COM AMGN	AMGN	63,607	$23.0m0.43%	0.43%	Reduced -10.4k	-10,445 -14.1%
58	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	29,757	$22.7m0.42%	0.42%	Reduced -8.1k	-8,089 -21.4%
59	BOOKING HOLDINGS INC COM BKNG	BKNG	126,980	$22.6m0.42%	0.42%	Reduced -5.1k	-5,145 -3.9%
60	ANALOG DEVICES INC COM ADI	ADI	55,502	$22.0m0.41%	0.41%	Reduced -2.2k	-2,155 -3.7%
61	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	11,077	$22.0m0.41%	0.41%	Reduced -249	-249 -2.2%
62	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	369,878	$21.3m0.40%	0.40%	Added +222.9k	+222,852 151.6%
63	T-MOBILE US INC COM TMUS	TMUS	125,556	$21.1m0.39%	0.39%	Reduced -6.5k	-6,546 -5.0%
64	PEPSICO INC COM PEP	PEP	155,347	$21.0m0.39%	0.39%	Reduced -6.1k	-6,077 -3.8%
65	COMCAST CORP NEW CL A CMCSA	CMCSA	834,167	$20.5m0.38%	0.38%	Reduced -17.4k	-17,355 -2.0%
66	MASTERCARD INCORPORATED CL A MA	MA	39,520	$20.3m0.38%	0.38%	Reduced -43	-43 -0.1%
67	DUKE ENERGY CORP NEW COM NEW DUK	DUK	159,685	$20.2m0.37%	0.37%	Added +71.9k	+71,855 81.8%
68	TRAVELERS COMPANIES INC COM TRV	TRV	56,480	$18.6m0.35%	0.35%	Added +16.3k	+16,343 40.7%
69	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	48,818	$18.3m0.34%	0.34%	Reduced -16.8k	-16,840 -25.6%
70	CHEVRON CORP NEW COM CVX	CVX	105,940	$17.6m0.33%	0.33%	Added +15.6k	+15,593 17.3%
71	GILEAD SCIENCES INC COM GILD	GILD	138,734	$17.5m0.33%	0.33%	Reduced -5.1k	-5,141 -3.6%
72	APPLOVIN CORP COM CL A APP	APP	33,998	$17.5m0.32%	0.32%	Reduced -1.4k	-1,430 -4.0%
73	HOME DEPOT INC COM HD	HD	47,502	$16.8m0.31%	0.31%	Reduced -948	-948 -2.0%
74	CENTERPOINT ENERGY INC COM CNP	CNP	377,829	$16.6m0.31%	0.31%	Added +35.7k	+35,726 10.4%
75	CENTENE CORP DEL COM CNC	CNC	252,530	$16.2m0.30%	0.30%	Added +207.0k	+206,987 454.5%
76	CVS HEALTH CORP COM CVS	CVS	156,347	$16.2m0.30%	0.30%	Reduced -169.0k	-168,989 -51.9%
77	SYNCHRONY FINANCIAL COM SYF	SYF	212,354	$16.1m0.30%	0.30%	Added +66.6k	+66,645 45.7%
78	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	43,722	$15.5m0.29%	0.29%	Added +28.1k	+28,052 179.0%
79	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	129,890	$14.8m0.28%	0.28%	Reduced -6.3k	-6,268 -4.6%
80	CUMMINS INC COM CMI	CMI	20,718	$14.8m0.27%	0.27%	Added +13.9k	+13,872 202.6%
81	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	29,423	$14.6m0.27%	0.27%	Reduced -7.0k	-6,956 -19.1%
82	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	50,822	$14.3m0.27%	0.27%	Reduced -86	-86 -0.2%
83	BANK NEW YORK MELLON CORP COM BNY	BNY	98,532	$14.2m0.26%	0.26%	Reduced -47.2k	-47,194 -32.4%
84	FREEPORT-MCMORAN INC CL B FCX	FCX	225,119	$14.2m0.26%	0.26%	Added +22.1k	+22,113 10.9%
85	STARBUCKS CORP COM SBUX	SBUX	136,732	$14.0m0.26%	0.26%	Reduced -6.1k	-6,071 -4.2%
86	PROCTER AND GAMBLE CO COM PG	PG	94,538	$13.9m0.26%	0.26%	Added +31.8k	+31,844 50.8%
87	AMERICAN EXPRESS CO COM AXP	AXP	40,373	$13.7m0.25%	0.25%	Reduced -8.2k	-8,161 -16.8%
88	EXXON MOBIL CORP COM XOM	XOM	98,761	$13.5m0.25%	0.25%	Reduced -33.0k	-32,990 -25.0%
89	CBRE GROUP INC CL A CBRE	CBRE	97,452	$13.1m0.24%	0.24%	Added +7.6k	+7,600 8.5%
90	EMERSON ELEC CO COM EMR	EMR	91,258	$13.1m0.24%	0.24%	Reduced -125	-125 -0.1%
91	NORFOLK SOUTHN CORP COM NSC	NSC	40,568	$12.8m0.24%	0.24%	Added +34.3k	+34,347 552.1%
92	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	328,632	$12.7m0.24%	0.24%	Reduced -48.6k	-48,567 -12.9%
93	JPMORGAN CHASE & CO COM JPM	JPM	38,456	$12.6m0.23%	0.23%	Reduced -4.7k	-4,731 -10.9%
94	BOEING CO COM BA	BA	58,109	$12.6m0.23%	0.23%	Reduced -15.6k	-15,571 -21.1%
95	ADOBE INC COM ADBE	ADBE	60,054	$12.3m0.23%	0.23%	Reduced -2.0k	-2,036 -3.3%
96	MARRIOTT INTL INC NEW CL A MAR	MAR	32,983	$12.2m0.23%	0.23%	Reduced -1.3k	-1,252 -3.7%
97	VICI PPTYS INC COM VICI	VICI	453,145	$12.0m0.22%	0.22%	Added +53.7k	+53,695 13.4%
98	CITIGROUP INC COM NEW C	C	85,779	$12.0m0.22%	0.22%	Reduced -19.6k	-19,574 -18.6%
99	INTUIT COM INTU	INTU	42,496	$11.1m0.21%	0.21%	Reduced -1.4k	-1,400 -3.2%
100	CF INDS HLDGS INC COM CF	CF	101,251	$11.0m0.20%	0.20%	Reduced -4.5k	-4,498 -4.2%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		36,947	$16.7m36.9k shares
INGERSOLL RAND INC IR	IR	66,104	$5.3m66.1k shares
THOMSON REUTERS CORP		49,006	$4.4m49.0k shares
INSMED INC INSM	INSM	24,217	$4.0m24.2k shares
CHARTER COMMUNICATIONS INC N CHTR	CHTR	14,616	$3.2m14.6k shares
ZSCALER INC ZS	ZS	18,113	$2.5m18.1k shares
AMERICAN WTR WKS CO INC NEW AWK	AWK	17,801	$2.4m17.8k shares
CONSTELLATION BRANDS INC STZ	STZ	15,846	$2.4m15.8k shares
NRG ENERGY INC NRG	NRG	15,580	$2.3m15.6k shares
COSTAR GROUP INC CSGP	CSGP	48,672	$2.0m48.7k shares
MOLSON COORS BEVERAGE CO TAP	TAP	35,092	$1.5m35.1k shares
BLOCK INC XYZ	XYZ	24,505	$1.5m24.5k shares
FIDELITY NATL INFORMATION SV FIS	FIS	20,830	$977.1k20.8k shares
SKYWORKS SOLUTIONS INC SWKS	SWKS	17,724	$949.1k17.7k shares
CASEYS GEN STORES INC CASY	CASY	1,204	$876.3k1.2k shares
VERSANT MEDIA GROUP INC VSNT	VSNT	22,649	$838.5k22.6k shares
TELEFONAKTIEBOLAGET LM ERICS ERIC	ERIC	68,807	$775.5k68.8k shares
DOMINOS PIZZA INC DPZ	DPZ	2,091	$750.2k2.1k shares
NASDAQ INC NDAQ	NDAQ	8,240	$699.5k8.2k shares
SPDR INDEX SHS FDS SPEM	SPEM	14,771	$692.9k14.8k shares
SELECT SECTOR SPDR TR XLV	XLV	4,452	$652.7k4.5k shares
ENERGY RECOVERY INC ERII	ERII	46,385	$467.1k46.4k shares
DR REDDYS LABS LTD RDY	RDY	28,500	$394.7k28.5k shares
INTERCORP FINL SVCS INC IFS	IFS	6,917	$347.2k6.9k shares
ZOETIS INC ZTS	ZTS	2,412	$285.1k2.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
NVIDIA CORPORATION NVDA · Put	NVDA	Put	544,945	$153.2k544.9k shares	Added
APPLE INC AAPL · Put	AAPL	Put	223,088	$59.5k223.1k shares	Added
AIRBNB INC ABNB · Put	ABNB	Put	87,780	$24.0k87.8k shares	Added
ALPHABET INC GOOG · Put	GOOG	Put	116,440	$13.2k116.4k shares	New
VANGUARD INDEX FDS VUG · Put	VUG	Put	4,902	$11.4k4.9k shares	New