Nelson Capital Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Nelson Capital Management, LLC is a prominent investment management firm that provides comprehensive financial services to its clients. As an investment manager, Nelson Capital Management is required to file a Form 13F with the Securities and Exchange Commission (SEC) on a quarterly basis. These filings provide valuable insights into the holdings of the firm's investment portfolio, allowing investors to analyze their investment strategy and make informed decisions.

In the third quarter of 2023, Nelson Capital Management made several notable changes to its holdings, which were reflected in the fourth-quarter 13F filing. Let's take a closer look at the comparison between the two filings and explore the implications of these changes.

NVIDIA CORPORATION (NVDA):

- In Q3 2023, Nelson Capital Management held 108,677 shares of NVIDIA Corporation.

- In Q4 2023, the number of shares held by the firm increased slightly to 108,737.

- The value of the holdings also experienced a significant increase, rising from $47,273,000 in Q3 to $53,848,000 in Q4, representing a 13.9% change.

MICROSOFT CORP (MSFT):

- Nelson Capital Management held 81,040 shares of Microsoft Corp in Q3 2023.

- The number of shares decreased to 78,013 in Q4 2023.

- Despite the decrease in shares held, the value of the holdings increased from $25,588,000 in Q3 to $29,336,000 in Q4, indicating a 14.6% change.

ISHARES TR (IGSB):

- The firm's holdings of iShares TR experienced a minor decrease.

- In Q3 2023, Nelson Capital Management held 406,525 shares, which declined to 400,377 shares in Q4 2023.

- However, the value of the holdings showed a minimal change, increasing from $20,257,000 in Q3 to $20,529,000 in Q4, representing a 1.3% change.

VANGUARD TAX-MANAGED FDS (VEA):

- Nelson Capital Management's holdings in Vanguard Tax-Managed FDS also experienced a slight decrease.

- The number of shares held declined from 427,895 in Q3 to 423,371 in Q4.

- Nevertheless, the value of the holdings increased from $18,707,000 in Q3 to $20,279,000 in Q4, indicating an 8.4% change.

The changes in holdings of these companies indicate Nelson Capital Management's active management approach, with a focus on optimizing the portfolio for higher returns. Despite the fluctuations in the number of shares held, the value of the holdings generally increased, suggesting the firm's confidence in the long-term prospects of these companies.

It's important to note that the 13F filings provide a snapshot of Nelson Capital Management's holdings at a specific point in time. The investment landscape is dynamic, and these holdings are subject to change as market conditions and investment strategies evolve. Investors should conduct thorough research and consider multiple factors before making any investment decisions based on this information.

In conclusion, the Q3 2023 vs. Q4 2023 13F Holdings Comparison of Nelson Capital Management, LLC highlights the firm's tactical adjustments in its investment portfolio. The changes in holdings reflect the firm's strategic approach to maximize returns amidst evolving market conditions. As investors, it is crucial to closely monitor such filings and consider them as part of a comprehensive investment strategy.