# EDGAR Filing Document

**Accession Number:** 0001512611
**File Stem:** 0001085146-23-000604
**Filing Date:** 2023-2
**Character Count:** 13803
**Document Hash:** b7cfd4a82f81663c5c1b143dab14177c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000604.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001085146-23-000604

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230202

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nelson Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001512611
- **IRS NUMBER:** 200745262
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14154
- **FILM NUMBER:** 23583500

**BUSINESS ADDRESS:**
- **STREET 1:** 545 MIDDLEFIELD ROAD
- **STREET 2:** SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
- **BUSINESS PHONE:** (650) 322- 4000

**MAIL ADDRESS:**
- **STREET 1:** 545 MIDDLEFIELD ROAD
- **STREET 2:** SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nelson Roberts Investment Advisors, LLC
- **DATE OF NAME CHANGE:** 20110209

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Nelson Capital Management LLC<br>**Address:** 545 MIDDLEFIELD ROAD<br>SUITE 200<br>MENLO PARK, CA 94025

**Form 13F File Number:** 028-14154

**CRD Number (if applicable):** 000129776

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Stephen P. Philpott<br>**Title:** Chief Compliance Officer<br>**Phone:** 650-322-4000

**Signature, Place, and Date of Signing:**

/s/ Stephen P. Philpott  Menlo Park, CA  02-02-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 90

**Form 13F Information Table Value Total:** $340773552

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 400843 | 3651 | SH |  | SOLE |  | 3651 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 814676 | 5041 | SH |  | SOLE |  | 5041 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 1633180 | 4853 | SH |  | SOLE |  | 4853 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 3836134 | 73786 | SH |  | SOLE |  | 73786 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 528498 | 5990 | SH |  | SOLE |  | 5990 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 9020735 | 101665 | SH |  | SOLE |  | 101665 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 6293028 | 74917 | SH |  | SOLE |  | 74917 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 4647940 | 17697 | SH |  | SOLE |  | 17697 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 12994230 | 100009 | SH |  | SOLE |  | 100009 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 286632 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 258402 | 7802 | SH |  | SOLE |  | 7802 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 385198 | 1247 | SH |  | SOLE |  | 1247 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 3099501 | 1538 | SH |  | SOLE |  | 1538 | 0 | 0 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 | BBG008G28LH7 | 533926 | 85020 | SH |  | SOLE |  | 85020 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 7485092 | 41702 | SH |  | SOLE |  | 41702 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 6172043 | 129556 | SH |  | SOLE |  | 129556 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 3585544 | 102532 | SH |  | SOLE |  | 102532 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 5689675 | 12464 | SH |  | SOLE |  | 12464 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 3548668 | 19915 | SH |  | SOLE |  | 19915 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 2267217 | 22611 | SH |  | SOLE |  | 22611 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 1859232 | 21400 | SH |  | SOLE |  | 21400 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 312292 | 7987 | SH |  | SOLE |  | 7987 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | BBG001S723L9 | 1642254 | 27831 | SH |  | SOLE |  | 27831 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 6648962 | 60281 | SH |  | SOLE |  | 60281 | 0 | 0 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 | BBG001TG3G38 | 4080636 | 33478 | SH |  | SOLE |  | 33478 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 7366893 | 87858 | SH |  | SOLE |  | 87858 | 0 | 0 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 | BBG00HPF2LX6 | 631617 | 32608 | SH |  | SOLE |  | 32608 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 254101 | 740 | SH |  | SOLE |  | 740 | 0 | 0 |
| HARSCO CORP | COM | 415864107 | BBG001S5S0V0 | 125800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 3900674 | 12349 | SH |  | SOLE |  | 12349 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 1284498 | 48600 | SH |  | SOLE |  | 48600 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 237813 | 611 | SH |  | SOLE |  | 611 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 1155838 | 12213 | SH |  | SOLE |  | 12147 | 0 | 66 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 5121519 | 13330 | SH |  | SOLE |  | 13330 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 246698 | 1150 | SH |  | SOLE |  | 1150 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 | BBG00TSG0SK6 | 2045555 | 37540 | SH |  | SOLE |  | 37540 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | SHORT DURA CORE | 46641Q274 | BBG00Z6Q0T95 | 307150 | 6721 | SH |  | SOLE |  | 6721 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 | BBG00GP26NW0 | 8713276 | 173807 | SH |  | SOLE |  | 173282 | 0 | 525 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 809587 | 4583 | SH |  | SOLE |  | 4583 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 5458391 | 40704 | SH |  | SOLE |  | 40704 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 5283464 | 16198 | SH |  | SOLE |  | 16198 | 0 | 0 |
| MASCO CORP | COM | 574599106 | BBG001S5SZ70 | 4593589 | 98427 | SH |  | SOLE |  | 98427 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 234542 | 890 | SH |  | SOLE |  | 890 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 3232661 | 41590 | SH |  | SOLE |  | 41590 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 4205056 | 37898 | SH |  | SOLE |  | 37898 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 20986657 | 87510 | SH |  | SOLE |  | 87510 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 472143 | 3582 | SH |  | SOLE |  | 3582 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 5414971 | 37053 | SH |  | SOLE |  | 37053 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 714244 | 8738 | SH |  | SOLE |  | 8738 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 211372 | 1170 | SH |  | SOLE |  | 1170 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 3479298 | 67902 | SH |  | SOLE |  | 67902 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 7672910 | 50626 | SH |  | SOLE |  | 50626 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 5831426 | 53042 | SH |  | SOLE |  | 53042 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 4775131 | 11051 | SH |  | SOLE |  | 11051 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 8085222 | 97108 | SH |  | SOLE |  | 97108 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 | BBG001T6L7D9 | 3618859 | 152888 | SH |  | SOLE |  | 152888 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 | BBG001T5XQY3 | 1851914 | 57495 | SH |  | SOLE |  | 57495 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 | BBG001T9F795 | 747045 | 15486 | SH |  | SOLE |  | 15486 | 0 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 | BBG00L5F9FV7 | 1108761 | 23104 | SH |  | SOLE |  | 22843 | 0 | 261 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 1619245 | 18512 | SH |  | SOLE |  | 18401 | 0 | 111 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 | BBG001S7T223 | 1413691 | 41336 | SH |  | SOLE |  | 41005 | 0 | 331 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 | BBG00B597137 | 433447 | 11737 | SH |  | SOLE |  | 11653 | 0 | 84 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 | BBG001S7T1Q9 | 1148620 | 8893 | SH |  | SOLE |  | 8813 | 0 | 80 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 | BBG001S7T107 | 1468784 | 19702 | SH |  | SOLE |  | 19503 | 0 | 199 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 1787378 | 13157 | SH |  | SOLE |  | 13036 | 0 | 121 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 1093765 | 11137 | SH |  | SOLE |  | 11050 | 0 | 87 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 | BBG001S7R733 | 1049146 | 13506 | SH |  | SOLE |  | 13397 | 0 | 109 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 3157541 | 25374 | SH |  | SOLE |  | 25122 | 0 | 252 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 5281444 | 92738 | SH |  | SOLE |  | 92738 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 1287907 | 7592 | SH |  | SOLE |  | 7592 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 2738990 | 7162 | SH |  | SOLE |  | 6542 | 0 | 620 |
| SPDR SER TR | PORTFOLIO SH TSR | 78468R101 | BBG0029J2KF1 | 9125622 | 315875 | SH |  | SOLE |  | 315875 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 3333621 | 13635 | SH |  | SOLE |  | 13635 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 1405000 | 9427 | SH |  | SOLE |  | 9427 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 4860965 | 8827 | SH |  | SOLE |  | 8827 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 3852481 | 48398 | SH |  | SOLE |  | 48398 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 7144497 | 42504 | SH |  | SOLE |  | 42504 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 6823947 | 12871 | SH |  | SOLE |  | 12871 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 2927318 | 67125 | SH |  | SOLE |  | 67125 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 | BBG00ZXBYMT4 | 8615180 | 175820 | SH |  | SOLE |  | 175820 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 15420482 | 84017 | SH |  | SOLE |  | 83964 | 0 | 53 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 11015731 | 282600 | SH |  | SOLE |  | 282327 | 0 | 273 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 504871 | 6715 | SH |  | SOLE |  | 6388 | 0 | 327 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 12917458 | 307778 | SH |  | SOLE |  | 307555 | 0 | 223 |
| VANGUARD WORLD FDS | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 5535455 | 36095 | SH |  | SOLE |  | 36072 | 0 | 23 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 3759805 | 95427 | SH |  | SOLE |  | 95427 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 5775966 | 27801 | SH |  | SOLE |  | 27801 | 0 | 0 |
| VMWARE INC | CL A COM | 928563402 | BBG001S6TFZ0 | 232139 | 1891 | SH |  | SOLE |  | 1891 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 2733512 | 24722 | SH |  | SOLE |  | 24722 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 4106331 | 28020 | SH |  | SOLE |  | 28020 | 0 | 0 |

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