Shelton Wealth Management 13F annual report
Shelton Wealth Management is an investment fund managing more than $167 billion ran by Justin Fulmer. There are currently 99 companies in Mr. Fulmer’s portfolio. The largest investments include First Tr Exchange-traded Fd and Ishares Tr, together worth $72.9 billion.
$167 billion Assets Under Management (AUM)
As of 16th July 2024, Shelton Wealth Management’s top holding is 374,904 shares of First Tr Exchange-traded Fd currently worth over $23.8 billion and making up 14.2% of the portfolio value.
In addition, the fund holds 1,221,884 shares of Ishares Tr worth $49.2 billion.
The third-largest holding is Schwab Strategic Tr worth $5.46 billion and the next is First Tr Exchange Trad Fd Vi worth $4.79 billion, with 200,498 shares owned.
Currently, Shelton Wealth Management's portfolio is worth at least $167 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Shelton Wealth Management
The Shelton Wealth Management office and employees reside in Fort Worth, Texas. According to the last 13-F report filed with the SEC, Justin Fulmer serves as the Vice President - Operations at Shelton Wealth Management.
Recent trades
In the most recent 13F filing, Shelton Wealth Management revealed that it had opened a new position in
Nu Hldgs Ltd and bought 87,674 shares worth $1.13 billion.
The investment fund also strengthened its position in Ishares Tr by buying
264,054 additional shares.
This makes their stake in Ishares Tr total 1,221,884 shares worth $49.2 billion.
On the other hand, there are companies that Shelton Wealth Management is getting rid of from its portfolio.
Shelton Wealth Management closed its position in Bristol-Myers Squibb Co on 23rd July 2024.
It sold the previously owned 24,928 shares for $1.35 billion.
Justin Fulmer also disclosed a decreased stake in First Tr Exchange-traded Fd by 0.1%.
This leaves the value of the investment at $23.8 billion and 374,904 shares.
One of the smallest hedge funds
The two most similar investment funds to Shelton Wealth Management are Sterneck Capital Management and Travelers Companies, Inc. They manage $167 billion and $167 billion respectively.
Justin Fulmer investment strategy
Shelton Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 11.5% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $176 billion.
The complete list of Shelton Wealth Management trades based on 13F SEC filings
These positions were updated on July 23rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| First Tr Exchange-traded Fd |
11.52%
374,904
|
$23,792,023,000 | 14.23% |
| Ishares Tr |
27.57%
1,221,884
|
$49,152,160,000 | 29.40% |
| Schwab Strategic Tr |
16.43%
84,940
|
$5,457,364,000 | 3.26% |
| First Tr Exchange Trad Fd Vi |
11.46%
200,498
|
$4,793,898,000 | 2.87% |
| Ishares Inc |
11.52%
69,100
|
$4,090,697,000 | 2.45% |
| First Tr Exch Traded Fd Iii |
7.59%
180,177
|
$3,309,847,000 | 1.98% |
| Vanguard Index Fds |
5.35%
10,355
|
$2,590,097,000 | 1.55% |
| Spdr Ser Tr |
11.00%
21,693
|
$2,948,397,000 | 1.76% |
| Amazon.com Inc. |
5.39%
10,808
|
$2,088,646,000 | 1.25% |
| NVIDIA Corp |
520.58%
15,558
|
$1,922,066,000 | 1.15% |
| Wells Fargo Co New |
0.07%
29,589
|
$1,757,310,000 | 1.05% |
| VanEck ETF Trust |
10.38%
5,352
|
$1,692,178,000 | 1.01% |
| Alphabet Inc |
8.00%
9,143
|
$1,665,392,000 | 1.00% |
| Berkshire Hathaway Inc. |
13.74%
3,717
|
$1,512,076,000 | 0.90% |
| Advanced Micro Devices Inc. |
14.43%
9,271
|
$1,503,849,000 | 0.90% |
| Diamondback Energy Inc |
7.26%
7,195
|
$1,440,318,000 | 0.86% |
| Apple Inc |
10.78%
6,821
|
$1,436,737,000 | 0.86% |
| Microsoft Corporation |
6.53%
3,133
|
$1,400,422,000 | 0.84% |
| Bristol-Myers Squibb Co. |
Closed
24,928
|
$1,351,845,000 | |
| MercadoLibre Inc |
51.69%
810
|
$1,331,154,000 | 0.80% |
| Airbnb, Inc. |
26.26%
8,250
|
$1,250,948,000 | 0.75% |
| Trade Desk Inc |
207.13%
12,491
|
$1,219,996,000 | 0.73% |
| Fedex Corp |
35.24%
3,995
|
$1,197,861,000 | 0.72% |
| Nu Hldgs Ltd |
Opened
87,674
|
$1,130,118,000 | 0.68% |
| Applovin Corp |
Opened
13,509
|
$1,124,219,000 | 0.67% |
| Carpenter Technology Corp. |
Opened
10,132
|
$1,110,265,000 | 0.66% |
| Saia Inc. |
Opened
2,327
|
$1,103,673,000 | 0.66% |
| CSX Corp. |
Opened
31,919
|
$1,067,691,000 | 0.64% |
| Arista Networks Inc |
6.66%
3,028
|
$1,061,253,000 | 0.63% |
| ServiceNow Inc |
Opened
1,349
|
$1,061,218,000 | 0.63% |
| Booking Holdings Inc |
45.11%
267
|
$1,057,721,000 | 0.63% |
| Zscaler Inc |
33.92%
5,370
|
$1,032,060,000 | 0.62% |
| Okta Inc |
Opened
10,922
|
$1,022,408,000 | 0.61% |
| Arm Holdings Plc |
Opened
6,099
|
$997,918,000 | 0.60% |
| Exxon Mobil Corp. |
106.61%
8,663
|
$997,238,000 | 0.60% |
| Visa Inc |
19.72%
3,776
|
$991,143,000 | 0.59% |
| JPMorgan Chase & Co. |
13.51%
4,802
|
$971,205,000 | 0.58% |
| Occidental Pete Corp |
38.96%
15,069
|
$949,799,000 | 0.57% |
| Asml Holding N V |
2.44%
924
|
$945,003,000 | 0.57% |
| Block Inc |
Opened
14,645
|
$944,456,000 | 0.56% |
| On Hldg Ag |
Opened
23,886
|
$926,777,000 | 0.55% |
| Cameco Corp. |
43.86%
18,762
|
$923,090,000 | 0.55% |
| Halozyme Therapeutics Inc. |
2.81%
17,533
|
$918,028,000 | 0.55% |
| Canadian Pacific Kansas City |
49.20%
11,490
|
$904,608,000 | 0.54% |
| Halliburton Co. |
64.00%
26,575
|
$897,704,000 | 0.54% |
| Parker-Hannifin Corp. |
37.36%
1,772
|
$896,295,000 | 0.54% |
| Pinterest Inc |
38.98%
20,190
|
$889,773,000 | 0.53% |
| T-Mobile US Inc |
51.24%
5,018
|
$884,071,000 | 0.53% |
| Jefferies Finl Group Inc |
35.48%
17,718
|
$881,653,000 | 0.53% |
| Citigroup Inc |
Opened
13,614
|
$863,944,000 | 0.52% |
| Super Micro Computer Inc |
Opened
1,048
|
$858,679,000 | 0.51% |
| Netflix Inc. |
35.19%
1,264
|
$853,048,000 | 0.51% |
| Fiserv, Inc. |
Closed
5,228
|
$835,539,000 | |
| Broadcom Inc |
30.20%
513
|
$824,067,000 | 0.49% |
| Meta Platforms Inc |
28.97%
1,625
|
$819,358,000 | 0.49% |
| Vertiv Holdings Co |
Opened
9,323
|
$807,092,000 | 0.48% |
| Leidos Holdings Inc |
12.73%
5,481
|
$799,568,000 | 0.48% |
| Adobe Inc |
Opened
1,428
|
$793,311,000 | 0.47% |
| Applied Matls Inc |
11.62%
3,315
|
$782,226,000 | 0.47% |
| Progressive Corp. |
42.36%
3,569
|
$741,317,000 | 0.44% |
| Freeport-McMoRan Inc |
17.87%
15,225
|
$739,935,000 | 0.44% |
| Sap SE |
Closed
3,775
|
$736,238,000 | |
| Goldman Sachs Group, Inc. |
22.22%
1,573
|
$711,499,000 | 0.43% |
| Cadence Design System Inc |
Closed
2,285
|
$711,275,000 | |
| Eaton Corp Plc |
Closed
2,269
|
$709,471,000 | |
| Johnson & Johnson |
Opened
4,819
|
$704,354,000 | 0.42% |
| Mcdonalds Corp |
Closed
2,446
|
$689,650,000 | |
| Constellation Brands, Inc. |
24.46%
2,661
|
$684,552,000 | 0.41% |
| Louisiana Pac Corp |
Closed
8,144
|
$683,363,000 | |
| ON Semiconductor Corp. |
Closed
9,257
|
$680,852,000 | |
| Rambus Inc. |
Closed
10,969
|
$677,994,000 | |
| Vanguard World Fd |
7.36%
2,530
|
$672,883,000 | 0.40% |
| Caci International Inc. |
Closed
1,642
|
$622,039,000 | |
| Boston Scientific Corp. |
9.13%
7,829
|
$602,911,000 | 0.36% |
| Alcon Ag |
31.91%
6,705
|
$597,281,000 | 0.36% |
| Eli Lilly & Co |
12.78%
644
|
$583,065,000 | 0.35% |
| Lantheus Holdings Inc |
Opened
7,229
|
$580,416,000 | 0.35% |
| Constellation Energy Corp |
3.09%
2,761
|
$552,851,000 | 0.33% |
| CBRE Group Inc |
42.77%
5,962
|
$531,274,000 | 0.32% |
| Cummins Inc. |
2.86%
1,834
|
$507,841,000 | 0.30% |
| Pioneer Nat Res Co |
Closed
1,926
|
$505,623,000 | |
| Eog Res Inc |
27.49%
3,914
|
$492,665,000 | 0.29% |
| e.l.f. Beauty Inc |
Opened
2,300
|
$484,656,000 | 0.29% |
| Corteva Inc |
Opened
8,725
|
$470,627,000 | 0.28% |
| Pacer Fds Tr |
31.46%
10,744
|
$468,010,000 | 0.28% |
| Everest Group Ltd |
Closed
1,159
|
$460,703,000 | |
| Target Corp |
Opened
3,074
|
$455,075,000 | 0.27% |
| Newmont Corp |
22.04%
10,261
|
$429,628,000 | 0.26% |
| KLA Corp. |
7.32%
519
|
$428,207,000 | 0.26% |
| Exelixis Inc |
Closed
17,938
|
$425,669,000 | |
| Lockheed Martin Corp. |
1.97%
897
|
$418,783,000 | 0.25% |
| Jones Lang Lasalle Inc. |
23.78%
2,004
|
$411,381,000 | 0.25% |
| Prosperity Bancshares Inc. |
No change
6,319
|
$386,344,000 | 0.23% |
| Dominion Energy Inc |
Opened
7,634
|
$374,066,000 | 0.22% |
| Unitedhealth Group Inc |
Closed
736
|
$364,099,000 | |
| Monster Beverage Corp. |
Closed
5,792
|
$343,350,000 | |
| Zimmer Biomet Holdings Inc |
Closed
2,492
|
$328,894,000 | |
| Cf Inds Hldgs Inc |
Closed
3,785
|
$314,950,000 | |
| Oracle Corp. |
0.37%
2,192
|
$309,526,000 | 0.19% |
| Atmos Energy Corp. |
Closed
2,535
|
$301,335,000 | |
| Caterpillar Inc. |
64.49%
892
|
$297,086,000 | 0.18% |
| Costco Whsl Corp New |
Closed
402
|
$294,517,000 | |
| Lowes Cos Inc |
12.97%
1,308
|
$288,272,000 | 0.17% |
| Global X Fds |
6.77%
9,803
|
$283,797,000 | 0.17% |
| Abrdn Healthcare Opportuniti |
Closed
12,901
|
$259,313,000 | |
| Home Depot, Inc. |
4.61%
724
|
$249,230,000 | 0.15% |
| Microchip Technology, Inc. |
11.04%
2,642
|
$241,743,000 | 0.14% |
| Valero Energy Corp. |
4.22%
1,451
|
$227,404,000 | 0.14% |
| Bank America Corp |
24.52%
5,648
|
$224,617,000 | 0.13% |
| Welltower Inc. |
Opened
2,141
|
$223,175,000 | 0.13% |
| Ovintiv Inc |
20.61%
4,710
|
$220,758,000 | 0.13% |
| Crowdstrike Holdings Inc |
9.73%
575
|
$220,334,000 | 0.13% |
| Nucor Corp. |
12.50%
1,337
|
$211,325,000 | 0.13% |
| StoneCo Ltd |
66.07%
17,507
|
$209,909,000 | 0.13% |
| Abbott Labs |
0.20%
1,979
|
$205,684,000 | 0.12% |
| Tesla Inc |
Opened
252
|
$49,866,000 | 0.03% |
| Take-two Interactive Softwar |
96.25%
122
|
$18,970,000 | 0.01% |
| Pfizer Inc. |
Opened
200
|
$5,596,000 | 0.00% |
| Deere & Co. |
99.89%
1
|
$374,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 119 holdings | |||
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