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.

Limited to 30 biggest holdings

$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
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