# EDGAR Filing Document

**Accession Number:** 0001512611
**File Stem:** 0001512611-26-000001
**Filing Date:** 2026-2
**Character Count:** 15784
**Document Hash:** fdcfa96b40ccca2974548efe9fe5d850
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001512611-26-000001.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001512611-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nelson Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001512611

**ORGANIZATION NAME:**
- **EIN:** 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:** 26614278

**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:** 12-31-2025

**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

**SEC File Number (if applicable):** 801-62601

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  02-10-2026<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:** 107

**Form 13F Information Table Value Total:** $854591473

      (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 | 509931 | 4070 | SH |  | SOLE |  | 4070 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 5253443 | 22992 | SH |  | SOLE |  | 22946 | 0 | 46 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 994672 | 2842 | SH |  | SOLE |  | 2842 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 9581667 | 56519 | SH |  | SOLE |  | 56395 | 0 | 124 |
| AIRBNB INC | COM CL A | 009066101 | BBG001Y2XS16 | 578575 | 4263 | SH |  | SOLE |  | 4263 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 1849204 | 5908 | SH |  | SOLE |  | 5908 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 24857354 | 79214 | SH |  | SOLE |  | 79033 | 0 | 181 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 13799113 | 59783 | SH |  | SOLE |  | 59637 | 0 | 146 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 4754506 | 14526 | SH |  | SOLE |  | 14493 | 0 | 33 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 26082376 | 95940 | SH |  | SOLE |  | 95765 | 0 | 175 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 3199369 | 6365 | SH |  | SOLE |  | 6349 | 0 | 16 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 5885508 | 1099 | SH |  | SOLE |  | 1096 | 0 | 3 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 2480626 | 26016 | SH |  | SOLE |  | 25947 | 0 | 69 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 521227 | 1506 | SH |  | SOLE |  | 1506 | 0 | 0 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 | BBG008G28LH7 | 93310 | 58685 | SH |  | SOLE |  | 58685 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 308205 | 538 | SH |  | SOLE |  | 538 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 4344448 | 28505 | SH |  | SOLE |  | 28433 | 0 | 72 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 3152319 | 10099 | SH |  | SOLE |  | 10099 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 10440871 | 135543 | SH |  | SOLE |  | 135275 | 0 | 268 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 2588908 | 37032 | SH |  | SOLE |  | 37032 | 0 | 0 |
| COLUMBIA ETF TR II | EM CORE EX ETF | 19762B202 | BBG009XW7GY3 | 6133496 | 159893 | SH |  | SOLE |  | 159468 | 0 | 425 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 8436869 | 9784 | SH |  | SOLE |  | 9776 | 0 | 8 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 219663 | 959 | SH |  | SOLE |  | 959 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | BBG00DW3SZT0 | 257173 | 2043 | SH |  | SOLE |  | 2043 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 4189865 | 36827 | SH |  | SOLE |  | 36782 | 0 | 45 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 4997262 | 4650 | SH |  | SOLE |  | 4639 | 0 | 11 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 3352906 | 25263 | SH |  | SOLE |  | 25197 | 0 | 66 |
| ENVIRI CORP | COM | 415864107 | BBG001S5S0V0 | 516544 | 28825 | SH |  | SOLE |  | 28825 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 5930922 | 49285 | SH |  | SOLE |  | 49147 | 0 | 138 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 3386785 | 13087 | SH |  | SOLE |  | 13053 | 0 | 34 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 | BBG00HPF2LX6 | 537839 | 28442 | SH |  | SOLE |  | 28442 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 384123 | 437 | SH |  | SOLE |  | 437 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 3133161 | 9105 | SH |  | SOLE |  | 9085 | 0 | 20 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 391590 | 1322 | SH |  | SOLE |  | 1322 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 1102930 | 1665 | SH |  | SOLE |  | 1665 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 4031351 | 7118 | SH |  | SOLE |  | 7097 | 0 | 21 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 999483 | 1627 | SH |  | SOLE |  | 1627 | 0 | 0 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 | BBG00H5VLN77 | 9392364 | 129229 | SH |  | SOLE |  | 129088 | 0 | 141 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 330330 | 5005 | SH |  | SOLE |  | 5005 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 1103974 | 9186 | SH |  | SOLE |  | 9186 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 9366207 | 13674 | SH |  | SOLE |  | 13674 | 0 | 0 |
| ISHARES TR | CYBERSECURITY | 46435U135 | BBG00PC1B2X5 | 4536080 | 94266 | SH |  | SOLE |  | 94163 | 0 | 103 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 | BBG001S7XDQ8 | 280543 | 17075 | SH |  | SOLE |  | 17075 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 34932643 | 660602 | SH |  | SOLE |  | 659478 | 0 | 1124 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 403763 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 204313 | 830 | SH |  | SOLE |  | 830 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 | BBG00TSG0SK6 | 1792185 | 31310 | SH |  | SOLE |  | 31310 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 | BBG00GP26NW0 | 1066685 | 21085 | SH |  | SOLE |  | 21085 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1066944 | 5156 | SH |  | SOLE |  | 5155 | 0 | 1 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 14022978 | 43520 | SH |  | SOLE |  | 43424 | 0 | 96 |
| LAM RESEARCH CORP | COM NEW | 512807306 | BBG001S5SW40 | 493855 | 2885 | SH |  | SOLE |  | 2885 | 0 | 0 |
| LINDE PLC | SHS | G54950103 | BBG01FND0CH6 | 3773126 | 8849 | SH |  | SOLE |  | 8824 | 0 | 25 |
| MASCO CORP | COM | 574599106 | BBG001S5SZ70 | 2397013 | 37772 | SH |  | SOLE |  | 37663 | 0 | 109 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 367368 | 1202 | SH |  | SOLE |  | 1202 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 425777 | 4045 | SH |  | SOLE |  | 4045 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 1167700 | 1769 | SH |  | SOLE |  | 1769 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 33189164 | 68627 | SH |  | SOLE |  | 68504 | 0 | 123 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 2441698 | 26042 | SH |  | SOLE |  | 25932 | 0 | 110 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 294458 | 2949 | SH |  | SOLE |  | 2949 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 592416 | 3632 | SH |  | SOLE |  | 3632 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 298484144 | 1600451 | SH |  | SOLE |  | 1600350 | 0 | 101 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 2004845 | 10286 | SH |  | SOLE |  | 10286 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 428818 | 2328 | SH |  | SOLE |  | 2328 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 338400 | 385 | SH |  | SOLE |  | 385 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 383036 | 2388 | SH |  | SOLE |  | 2388 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 6851540 | 47809 | SH |  | SOLE |  | 47709 | 0 | 100 |
| PURE STORAGE INC | CL A | 74624M102 | BBG00212PW10 | 421225 | 6286 | SH |  | SOLE |  | 6286 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 8354749 | 48844 | SH |  | SOLE |  | 48710 | 0 | 134 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 4268460 | 9589 | SH |  | SOLE |  | 9563 | 0 | 26 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 5160054 | 9874 | SH |  | SOLE |  | 9846 | 0 | 28 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 2273220 | 8581 | SH |  | SOLE |  | 8556 | 0 | 25 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 3833459 | 38369 | SH |  | SOLE |  | 38267 | 0 | 102 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 | BBG001T5XQY3 | 2981730 | 124032 | SH |  | SOLE |  | 122952 | 0 | 1080 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 | BBG001T9F795 | 557391 | 22872 | SH |  | SOLE |  | 22872 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 | BBG00L5F9FV7 | 3855801 | 32754 | SH |  | SOLE |  | 32445 | 0 | 309 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 | BBG001S7T107 | 2280996 | 29364 | SH |  | SOLE |  | 29035 | 0 | 329 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 | BBG001S7T1Q9 | 3486653 | 29199 | SH |  | SOLE |  | 28889 | 0 | 310 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 | BBG001S7T1S7 | 1626908 | 36388 | SH |  | SOLE |  | 36044 | 0 | 344 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 | BBG001S7T223 | 5092570 | 92981 | SH |  | SOLE |  | 91935 | 0 | 1046 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 | BBG001S7SCQ6 | 4077897 | 26343 | SH |  | SOLE |  | 26068 | 0 | 275 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 | BBG001S7T232 | 20020563 | 129065 | SH |  | SOLE |  | 128581 | 0 | 484 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 | BBG001S7R733 | 1399955 | 30870 | SH |  | SOLE |  | 30606 | 0 | 264 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 | BBG00B597137 | 4106380 | 101769 | SH |  | SOLE |  | 101441 | 0 | 328 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 23479780 | 163088 | SH |  | SOLE |  | 161932 | 0 | 1156 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 2591659 | 35270 | SH |  | SOLE |  | 35178 | 0 | 92 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 3034942 | 7658 | SH |  | SOLE |  | 7658 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 10261861 | 15048 | SH |  | SOLE |  | 15048 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R101 | BBG0029J2KF1 | 25335789 | 865293 | SH |  | SOLE |  | 854848 | 0 | 10445 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 | BBG001SMH2W0 | 203387 | 1963 | SH |  | SOLE |  | 1963 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 5633832 | 16029 | SH |  | SOLE |  | 15985 | 0 | 44 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 | BBG01Q08MMX4 | 3585103 | 15758 | SH |  | SOLE |  | 15750 | 0 | 8 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 362475 | 806 | SH |  | SOLE |  | 806 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 | BBG00YRJXKC0 | 1121020 | 3903 | SH |  | SOLE |  | 3903 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 4136728 | 7139 | SH |  | SOLE |  | 7123 | 0 | 16 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 7052082 | 45909 | SH |  | SOLE |  | 45787 | 0 | 122 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 747890 | 1533 | SH |  | SOLE |  | 1533 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 490416 | 782 | SH |  | SOLE |  | 782 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 16214482 | 62859 | SH |  | SOLE |  | 62627 | 0 | 232 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 8461747 | 157399 | SH |  | SOLE |  | 156801 | 0 | 598 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 | BBG001TCH518 | 359285 | 2951 | SH |  | SOLE |  | 2951 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 40179243 | 643177 | SH |  | SOLE |  | 641007 | 0 | 2170 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 11362478 | 61406 | SH |  | SOLE |  | 61176 | 0 | 230 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 271140 | 6657 | SH |  | SOLE |  | 6657 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 10704355 | 30522 | SH |  | SOLE |  | 30441 | 0 | 81 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 567412 | 5093 | SH |  | SOLE |  | 5093 | 0 | 0 |
| WISDOMTREE TR | US HIGH DIVIDEND | 97717W208 | BBG001SHKNX0 | 478554 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 2747841 | 20178 | SH |  | SOLE |  | 20129 | 0 | 49 |

---