<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
	<headerData>
		<submissionType>NPORT-P</submissionType>
		<isConfidential>false</isConfidential>
		<filerInfo>

			<filer>
				<issuerCredentials>
					<cik>0000778206</cik>
					<ccc>XXXXXXXX</ccc>
				</issuerCredentials>
			</filer>

			<seriesClassInfo>
				<seriesId>S000039758</seriesId>
				<classId>C000123237</classId>
			</seriesClassInfo>


		</filerInfo>
	</headerData>
	<formData>
		<genInfo>
			<regName>SHELTON FUNDS</regName>
			<regFileNumber>811-04417</regFileNumber>
			<regCik>0000778206</regCik>
			<regLei>254900S73SCF59AAL583</regLei>
			<regStreet1>1875 Lawrence Street, Suite 300</regStreet1>
			<regCity>Denver</regCity>
			<regStateConditional regCountry="US" regState="US-CO"/>
			<regZipOrPostalCode>80202-1805</regZipOrPostalCode>
			<regPhone>800-955-9888</regPhone>
			<seriesName>Shelton Green Alpha Fund</seriesName>
			<seriesId>S000039758</seriesId>
			<seriesLei>254900PZH514P2M57196</seriesLei>
			<repPdEnd>2020-08-31</repPdEnd>
			<repPdDate>2020-02-29</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
		<fundInfo>
			<totAssets>69590374.47</totAssets>
			<totLiabs>799271.49</totLiabs>
			<netAssets>68791102.98</netAssets>
			<assetsAttrMiscSec>0</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
			<amtPayOneYrOther>0</amtPayOneYrOther>
			<amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
			<amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
			<amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
			<amtPayAftOneYrOther>0</amtPayAftOneYrOther>
			<delayDeliv>0</delayDeliv>
			<standByCommit>0</standByCommit>
			<liquidPref>0</liquidPref>
			<cshNotRptdInCorD>4537235.78</cshNotRptdInCorD>
			<isNonCashCollateral>N</isNonCashCollateral>
			<returnInfo>
				<monthlyTotReturns>
					<monthlyTotReturn classId="C000123237" rtn1="-0.24" rtn2="0.79" rtn3="4.77"/>
				</monthlyTotReturns>
				<monthlyReturnCats/>
				<othMon1 netRealizedGain="220331.06" netUnrealizedAppr="-568615.78"/>
				<othMon2 netRealizedGain="0.000000000407" netUnrealizedAppr="380595.34"/>
				<othMon3 netRealizedGain="287643.64" netUnrealizedAppr="2393275.56"/>
			</returnInfo>
			<mon1Flow redemption="1434993.09" reinvestment="0" sales="5148762.1"/>
			<mon2Flow redemption="979251.5" reinvestment="50887.25" sales="5607186.65"/>
			<mon3Flow redemption="570097.94" reinvestment="0" sales="1481511.07"/>
		</fundInfo>
		<invstOrSecs>
			<invstOrSec>
				<name>ABB Limited</name>
				<lei>5493000LKVGOO9PELI61</lei>
				<title>ABB Limited ADR EACH REPR 1 ORD CHF1.03</title>
				<cusip>000375204</cusip>
				<identifiers>
					<isin value="US0003752047"/>
					<ticker value="ABB"/>
					<other otherDesc="SEDOL Number" value="2748472"/>
				</identifiers>
				<balance>41600</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>900224</valUSD>
				<pctVal>1.3086343451</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Advanced Energy Industries, Inc.</name>
				<lei>549300756XI3QLFT2U27</lei>
				<title>Advanced Energy Industries, Inc. COM</title>
				<cusip>007973100</cusip>
				<identifiers>
					<isin value="US0079731008"/>
					<ticker value="AEIS"/>
					<other otherDesc="SEDOL Number" value="2049175"/>
				</identifiers>
				<balance>14400</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>856440</valUSD>
				<pctVal>1.2449865795</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Alexandria Real Estate Equities, Inc.</name>
				<lei>MGCJBT4MKTQBVLNUIS88</lei>
				<title>Alexandria Real Estate Equities, Inc. COM</title>
				<cusip>015271109</cusip>
				<identifiers>
					<isin value="US0152711091"/>
					<ticker value="ARE"/>
					<other otherDesc="SEDOL Number" value="2009210"/>
				</identifiers>
				<balance>4900</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>744212</valUSD>
				<pctVal>1.0818433893</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Alphabet Inc.</name>
				<lei>5493006MHB84DD0ZWV18</lei>
				<title>Alphabet Inc. CAP STK CL C</title>
				<cusip>02079K107</cusip>
				<identifiers>
					<isin value="US02079K1079"/>
					<ticker value="GOOG"/>
					<other otherDesc="SEDOL Number" value="BYY88Y7"/>
				</identifiers>
				<balance>1400</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1875062</valUSD>
				<pctVal>2.725733298</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Analog Devices Inc.</name>
				<lei>GYVOE5EZ4GDAVTU4CQ61</lei>
				<title>Analog Devices Inc. COM</title>
				<cusip>032654105</cusip>
				<identifiers>
					<isin value="US0326541051"/>
					<ticker value="ADI"/>
					<other otherDesc="SEDOL Number" value="2032067"/>
				</identifiers>
				<balance>7700</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>839685</valUSD>
				<pctVal>1.2206302321</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Applied Materials Inc.</name>
				<lei>41BNNE1AFPNAZELZ6K07</lei>
				<title>Applied Materials Inc. COM</title>
				<cusip>038222105</cusip>
				<identifiers>
					<isin value="US0382221051"/>
					<ticker value="AMAT"/>
					<other otherDesc="SEDOL Number" value="2046552"/>
				</identifiers>
				<balance>48500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2818820</valUSD>
				<pctVal>4.0976519897</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Arista Networks Inc</name>
				<lei>635400H1WKBLOQERUU95</lei>
				<title>Arista Networks Inc COM</title>
				<cusip>040413106</cusip>
				<identifiers>
					<isin value="US0404131064"/>
					<ticker value="ANET"/>
					<other otherDesc="SEDOL Number" value="BN33VM5"/>
				</identifiers>
				<balance>3500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>675920</valUSD>
				<pctVal>0.9825689235</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Bluebird Bio Inc</name>
				<lei>N/A</lei>
				<title>Bluebird Bio Inc COM</title>
				<cusip>09609G100</cusip>
				<identifiers>
					<isin value="US09609G1004"/>
					<ticker value="BLUE"/>
					<other otherDesc="SEDOL Number" value="BBFL7S1"/>
				</identifiers>
				<balance>7900</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>571407</valUSD>
				<pctVal>0.8306408463</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Cadence Design Systems, Inc.</name>
				<lei>GCT7RXJOGLXPV0NXZY22</lei>
				<title>Cadence Design Systems, Inc. COM</title>
				<cusip>127387108</cusip>
				<identifiers>
					<isin value="US1273871087"/>
					<ticker value="CDNS"/>
					<other otherDesc="SEDOL Number" value="2302232"/>
				</identifiers>
				<balance>5100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>337314</valUSD>
				<pctVal>0.4903453868</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Canadian Solar Inc</name>
				<lei>5493001XSC6TKMBVOM15</lei>
				<title>Canadian Solar Inc COM</title>
				<cusip>136635109</cusip>
				<identifiers>
					<isin value="CA1366351098"/>
					<ticker value="CSIQ"/>
					<other otherDesc="SEDOL Number" value="B1GKCH1"/>
				</identifiers>
				<balance>55000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1122000</valUSD>
				<pctVal>1.631024873</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CA</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Consd Water Co</name>
				<lei>5299001BMEW8X9VIJA73</lei>
				<title>Consd Water Co COM USD0.60</title>
				<cusip>G23773107</cusip>
				<identifiers>
					<isin value="KYG237731073"/>
					<ticker value="CWCO"/>
					<other otherDesc="SEDOL Number" value="2099095"/>
				</identifiers>
				<balance>88000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1422080</valUSD>
				<pctVal>2.0672440743</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>KY</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Crispr Therapeutics Ag</name>
				<lei>506700O6IRRIQLT3W370</lei>
				<title>Crispr Therapeutics Ag COM CHF0.03</title>
				<cusip>H17182108</cusip>
				<identifiers>
					<isin value="CH0334081137"/>
					<ticker value="CRSP"/>
					<other otherDesc="SEDOL Number" value="BDHF4K6"/>
				</identifiers>
				<balance>32000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1710400</valUSD>
				<pctVal>2.4863680417</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Danone SA</name>
				<lei>969500KMUQ2B6CBAF162</lei>
				<title>Danone SA ADR-EA CNV INTO 1/5 EUR0.25(CBK)</title>
				<cusip>23636T100</cusip>
				<identifiers>
					<isin value="US23636T1007"/>
					<ticker value="DANOY"/>
					<other otherDesc="SEDOL Number" value="2068932"/>
				</identifiers>
				<balance>60000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>841200</valUSD>
				<pctVal>1.2228325518</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>FR</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>N/A</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Daqo New Energy Co</name>
				<lei>529900711JBZ5O7VA827</lei>
				<title>Daqo New Energy Co ADR EACH REPR 25 ORD SHS (POST R/S)</title>
				<cusip>23703Q203</cusip>
				<identifiers>
					<isin value="US23703Q2030"/>
					<ticker value="DQ"/>
					<other otherDesc="SEDOL Number" value="B953PM3"/>
				</identifiers>
				<balance>18000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1180260</valUSD>
				<pctVal>1.7157160576</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>KY</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Editas Medicine Inc</name>
				<lei>5299000AON4Q9NT2JE42</lei>
				<title>Editas Medicine Inc COM</title>
				<cusip>28106W103</cusip>
				<identifiers>
					<isin value="US28106W1036"/>
					<ticker value="EDIT"/>
					<other otherDesc="SEDOL Number" value="BZ8FPH3"/>
				</identifiers>
				<balance>35000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>776300</valUSD>
				<pctVal>1.1284889562</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Enphase Energy Inc</name>
				<lei>5493008U7KIGMI59Z314</lei>
				<title>Enphase Energy Inc COM</title>
				<cusip>29355A107</cusip>
				<identifiers>
					<isin value="US29355A1079"/>
					<ticker value="ENPH"/>
					<other otherDesc="SEDOL Number" value="B65SQW4"/>
				</identifiers>
				<balance>10300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>504391</valUSD>
				<pctVal>0.7332212716</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>First Solar Inc</name>
				<lei>549300NPYMLM4NHTOF27</lei>
				<title>First Solar Inc COM</title>
				<cusip>336433107</cusip>
				<identifiers>
					<isin value="US3364331070"/>
					<ticker value="FSLR"/>
					<other otherDesc="SEDOL Number" value="B1HMF22"/>
				</identifiers>
				<balance>47200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2160344</valUSD>
				<pctVal>3.1404409966</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Fortinet Inc</name>
				<lei>549300O0QJWDBAS0QX03</lei>
				<title>Fortinet Inc COM</title>
				<cusip>34959E109</cusip>
				<identifiers>
					<isin value="US34959E1091"/>
					<ticker value="FTNT"/>
					<other otherDesc="SEDOL Number" value="B5B2106"/>
				</identifiers>
				<balance>6500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>663390</valUSD>
				<pctVal>0.9643543587</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Garmin Ltd</name>
				<lei>2549001E0HIPIJQ0W046</lei>
				<title>Garmin Ltd COM CHF10.00</title>
				<cusip>H2906T109</cusip>
				<identifiers>
					<isin value="CH0114405324"/>
					<ticker value="GRMN"/>
					<other otherDesc="SEDOL Number" value="B3Z5T14"/>
				</identifiers>
				<balance>8000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>707120</valUSD>
				<pctVal>1.0279236258</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Hannon Armstrong Sustainable Infrastructure Capital, Inc.</name>
				<lei>N/A</lei>
				<title>Hannon Armstrong Sustainable Infrastructure Capital, Inc. COM</title>
				<cusip>41068X100</cusip>
				<identifiers>
					<isin value="US41068X1000"/>
					<ticker value="HASI"/>
					<other otherDesc="SEDOL Number" value="B9HHD96"/>
				</identifiers>
				<balance>64000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2172800</valUSD>
				<pctVal>3.1585479893</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Horizon Tech Fin C</name>
				<lei>N/A</lei>
				<title>Horizon Tech Fin C COM</title>
				<cusip>44045A102</cusip>
				<identifiers>
					<isin value="US44045A1025"/>
					<ticker value="HRZN"/>
					<other otherDesc="SEDOL Number" value="B5BD5P2"/>
				</identifiers>
				<balance>93000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1008120</valUSD>
				<pctVal>1.4654802094</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Ichor Holdings Ltd</name>
				<lei>529900PS8R2JVLJ2H892</lei>
				<title>Ichor Holdings Ltd COM USD0.0001</title>
				<cusip>G4740B105</cusip>
				<identifiers>
					<isin value="KYG4740B1059"/>
					<ticker value="ICHR"/>
					<other otherDesc="SEDOL Number" value="BD2B5Y0"/>
				</identifiers>
				<balance>34100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>986172</valUSD>
				<pctVal>1.4335749207</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>KY</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Illumina Inc</name>
				<lei>SQ95QG8SR5Q56LSNF682</lei>
				<title>Illumina Inc COM</title>
				<cusip>452327109</cusip>
				<identifiers>
					<isin value="US4523271090"/>
					<ticker value="ILMN"/>
					<other otherDesc="SEDOL Number" value="2613990"/>
				</identifiers>
				<balance>1800</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>478206</valUSD>
				<pctVal>0.6951567562</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Infineon Technologies AG</name>
				<lei>TSI2PJM6EPETEQ4X1U25</lei>
				<title>Infineon Technologies AG SPON ADR EACH REP 1 ORD SHS</title>
				<cusip>45662N103</cusip>
				<identifiers>
					<isin value="US45662N1037"/>
					<ticker value="IFNNY"/>
					<other otherDesc="SEDOL Number" value="2559975"/>
				</identifiers>
				<balance>40000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>829600</valUSD>
				<pctVal>1.2059699061</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>DE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>N/A</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INTELLIA THERAPEUTICS INC</name>
				<lei>5493002T5BCPE5DZC723</lei>
				<title>INTELLIA THERAPEUTICS INC COM</title>
				<cusip>45826J105</cusip>
				<identifiers>
					<isin value="US45826J1051"/>
					<ticker value="NTLA"/>
					<other otherDesc="SEDOL Number" value="BYZM6C2"/>
				</identifiers>
				<balance>68300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>911805</valUSD>
				<pctVal>1.325469371</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Interface, Inc.</name>
				<lei>549300VXZWQOIDFPU355</lei>
				<title>Interface, Inc. COM</title>
				<cusip>458665304</cusip>
				<identifiers>
					<isin value="US4586653044"/>
					<ticker value="TILE"/>
					<other otherDesc="SEDOL Number" value="B86V808"/>
				</identifiers>
				<balance>40000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>583600</valUSD>
				<pctVal>0.8483655222</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>International Business Machines Corporation</name>
				<lei>VGRQXHF3J8VDLUA7XE92</lei>
				<title>International Business Machines Corporation COM</title>
				<cusip>459200101</cusip>
				<identifiers>
					<isin value="US4592001014"/>
					<ticker value="IBM"/>
					<other otherDesc="SEDOL Number" value="2005973"/>
				</identifiers>
				<balance>15000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1952250</valUSD>
				<pctVal>2.8379396687</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Invitae Corporation</name>
				<lei>549300MYI59DZW1WIX92</lei>
				<title>Invitae Corporation COM</title>
				<cusip>46185L103</cusip>
				<identifiers>
					<isin value="US46185L1035"/>
					<ticker value="NVTA"/>
					<other otherDesc="SEDOL Number" value="BVVCNT1"/>
				</identifiers>
				<balance>73000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1487740</valUSD>
				<pctVal>2.1626924639</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Itron, Inc.</name>
				<lei>24F6LSZD18II6ICG6S41</lei>
				<title>Itron, Inc. COM</title>
				<cusip>465741106</cusip>
				<identifiers>
					<isin value="US4657411066"/>
					<ticker value="ITRI"/>
					<other otherDesc="SEDOL Number" value="2471949"/>
				</identifiers>
				<balance>6200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>470208</valUSD>
				<pctVal>0.6835302527</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JinkoSolar Holding Co., Ltd.</name>
				<lei>529900Y93WNCS05FG852</lei>
				<title>JinkoSolar Holding Co., Ltd. SPON ADS EACH REPR 4 ORD SHS</title>
				<cusip>47759T100</cusip>
				<identifiers>
					<isin value="US47759T1007"/>
					<ticker value="JKS"/>
					<other otherDesc="SEDOL Number" value="B64H9N4"/>
				</identifiers>
				<balance>90000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2055600</valUSD>
				<pctVal>2.9881771202</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>KY</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Kandi Technologies Group Inc</name>
				<lei>529900TXUELWMVI79005</lei>
				<title>Kandi Technologies Group Inc COM</title>
				<cusip>483709101</cusip>
				<identifiers>
					<isin value="US4837091010"/>
					<ticker value="KNDI"/>
					<other otherDesc="SEDOL Number" value="B1KHKJ6"/>
				</identifiers>
				<balance>117500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>441800</valUSD>
				<pctVal>0.6422342147</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Lam Research Corporation</name>
				<lei>549300I4GMO6D34U1T02</lei>
				<title>Lam Research Corporation COM</title>
				<cusip>512807108</cusip>
				<identifiers>
					<isin value="US5128071082"/>
					<ticker value="LRCX"/>
					<other otherDesc="SEDOL Number" value="2502247"/>
				</identifiers>
				<balance>2100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>616203</valUSD>
				<pctVal>0.8957597324</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Moderna Inc</name>
				<lei>549300EI6OKH5K5Q2G38</lei>
				<title>Moderna Inc COM</title>
				<cusip>60770K107</cusip>
				<identifiers>
					<isin value="US60770K1079"/>
					<ticker value="MRNA"/>
					<other otherDesc="SEDOL Number" value="BGSXTS3"/>
				</identifiers>
				<balance>60000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1555800</valUSD>
				<pctVal>2.2616296768</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Nvidia Corp</name>
				<lei>549300S4KLFTLO7GSQ80</lei>
				<title>Nvidia Corp COM</title>
				<cusip>67066G104</cusip>
				<identifiers>
					<isin value="US67066G1040"/>
					<ticker value="NVDA"/>
					<other otherDesc="SEDOL Number" value="2379504"/>
				</identifiers>
				<balance>3100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>837217</valUSD>
				<pctVal>1.2170425589</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Palo Alto Networks Inc</name>
				<lei>549300QXR2YVZV231H43</lei>
				<title>Palo Alto Networks Inc COM</title>
				<cusip>697435105</cusip>
				<identifiers>
					<isin value="US6974351057"/>
					<ticker value="PANW"/>
					<other otherDesc="SEDOL Number" value="B87ZMX0"/>
				</identifiers>
				<balance>2000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>369240</valUSD>
				<pctVal>0.5367554582</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Pattern Energy Group Inc</name>
				<lei>549300YTEUCT3H1Y2T51</lei>
				<title>Pattern Energy Group Inc CL A</title>
				<cusip>70338P100</cusip>
				<identifiers>
					<isin value="US70338P1003"/>
					<ticker value="PEGI"/>
					<other otherDesc="SEDOL Number" value="BD4R4G1"/>
				</identifiers>
				<balance>65000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1758250</valUSD>
				<pctVal>2.5559264554</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>QUALCOMM Incorporated</name>
				<lei>H1J8DDZKZP6H7RWC0H53</lei>
				<title>QUALCOMM Incorporated COM</title>
				<cusip>747525103</cusip>
				<identifiers>
					<isin value="US7475251036"/>
					<ticker value="QCOM"/>
					<other otherDesc="SEDOL Number" value="2714923"/>
				</identifiers>
				<balance>13500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1057050</valUSD>
				<pctVal>1.5366085936</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Schnitzer Steel</name>
				<lei>549300F62TK8VRDSM285</lei>
				<title>Schnitzer Steel CL A</title>
				<cusip>806882106</cusip>
				<identifiers>
					<isin value="US8068821060"/>
					<ticker value="SCHN"/>
					<other otherDesc="SEDOL Number" value="2821298"/>
				</identifiers>
				<balance>22000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>362560</valUSD>
				<pctVal>0.5270449001</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Skyworks Solutions, Inc.</name>
				<lei>549300WZ3ORQ2BVKBD96</lei>
				<title>Skyworks Solutions, Inc. COM</title>
				<cusip>83088M102</cusip>
				<identifiers>
					<isin value="US83088M1027"/>
					<ticker value="SWKS"/>
					<other otherDesc="SEDOL Number" value="2961053"/>
				</identifiers>
				<balance>12500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1252250</valUSD>
				<pctVal>1.8203662185</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Softbank Group Corp</name>
				<lei>5493003BZYYYCDIO0R13</lei>
				<title>Softbank Group Corp UNSP ADR EACH REPR 0.50 ORD</title>
				<cusip>83404D109</cusip>
				<identifiers>
					<isin value="US83404D1090"/>
					<ticker value="SFTBY"/>
					<other otherDesc="SEDOL Number" value="B3DTRW5"/>
				</identifiers>
				<balance>35200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>809600</valUSD>
				<pctVal>1.1768963789</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>JP</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>N/A</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Solaredge Technologies Inc</name>
				<lei>5493000K6Y58XXPDF853</lei>
				<title>Solaredge Technologies Inc COM</title>
				<cusip>83417M104</cusip>
				<identifiers>
					<isin value="US83417M1045"/>
					<ticker value="SEDG"/>
					<other otherDesc="SEDOL Number" value="BWC52Q6"/>
				</identifiers>
				<balance>8500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1060120</valUSD>
				<pctVal>1.54107138</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Steelcase Inc</name>
				<lei>GIE4CCPBJDI8SMV1OX95</lei>
				<title>Steelcase Inc CL A</title>
				<cusip>858155203</cusip>
				<identifiers>
					<isin value="US8581552036"/>
					<ticker value="SCS"/>
					<other otherDesc="SEDOL Number" value="2150420"/>
				</identifiers>
				<balance>55000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>892100</valUSD>
				<pctVal>1.2968246784</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STMicroelectronics N.V.</name>
				<lei>213800Z8NOHIKRI42W10</lei>
				<title>STMicroelectronics N.V. NY SHS-EACH REPR 1 ORD EUR1.04</title>
				<cusip>861012102</cusip>
				<identifiers>
					<isin value="US8610121027"/>
					<ticker value="STM"/>
					<other otherDesc="SEDOL Number" value="2430025"/>
				</identifiers>
				<balance>46500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1274100</valUSD>
				<pctVal>1.8521290469</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>NL</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Sunpower Corporation</name>
				<lei>549300TXO070764WUH65</lei>
				<title>Sunpower Corporation COM</title>
				<cusip>867652406</cusip>
				<identifiers>
					<isin value="US8676524064"/>
					<ticker value="SPWR"/>
					<other otherDesc="SEDOL Number" value="B59DK93"/>
				</identifiers>
				<balance>167000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1431190</valUSD>
				<pctVal>2.0804870659</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Sunrun Incorporation</name>
				<lei>54930007SJ77CI66U531</lei>
				<title>Sunrun Incorporation COM</title>
				<cusip>86771W105</cusip>
				<identifiers>
					<isin value="US86771W1053"/>
					<ticker value="RUN"/>
					<other otherDesc="SEDOL Number" value="BYXB1Y8"/>
				</identifiers>
				<balance>105000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2030700</valUSD>
				<pctVal>2.9519805789</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Taiwan Semiconductor Manufacturing Co.</name>
				<lei>549300KB6NK5SBD14S87</lei>
				<title>Taiwan Semiconductor Manufacturing Co. SPON ADS EACH REP 5 ORD TWD10</title>
				<cusip>874039100</cusip>
				<identifiers>
					<isin value="US8740391003"/>
					<ticker value="TSM"/>
					<other otherDesc="SEDOL Number" value="2113382"/>
				</identifiers>
				<balance>21000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1130640</valUSD>
				<pctVal>1.6435846367</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>TW</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Terraform Power Inc</name>
				<lei>549300V0USOOV31S6Z05</lei>
				<title>Terraform Power Inc COM CL A</title>
				<cusip>88104R209</cusip>
				<identifiers>
					<isin value="US88104R2094"/>
					<ticker value="TERP"/>
					<other otherDesc="SEDOL Number" value="BYZ1PN3"/>
				</identifiers>
				<balance>158000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2968820</valUSD>
				<pctVal>4.3157034433</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Tesla Inc</name>
				<lei>54930043XZGB27CTOV49</lei>
				<title>Tesla Inc COM</title>
				<cusip>88160R101</cusip>
				<identifiers>
					<isin value="US88160R1014"/>
					<ticker value="TSLA"/>
					<other otherDesc="SEDOL Number" value="B616C79"/>
				</identifiers>
				<balance>4100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2738759</valUSD>
				<pctVal>3.9812692069</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Tpi Composites Inc</name>
				<lei>549300TI9H56OIY0QE39</lei>
				<title>Tpi Composites Inc COM</title>
				<cusip>87266J104</cusip>
				<identifiers>
					<isin value="US87266J1043"/>
					<ticker value="TPIC"/>
					<other otherDesc="SEDOL Number" value="BYYGK12"/>
				</identifiers>
				<balance>82000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1946680</valUSD>
				<pctVal>2.8298426914</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Trex Company, Inc.</name>
				<lei>549300ER482WJT9UUX16</lei>
				<title>Trex Company, Inc. COM</title>
				<cusip>89531P105</cusip>
				<identifiers>
					<isin value="US89531P1057"/>
					<ticker value="TREX"/>
					<other otherDesc="SEDOL Number" value="2483074"/>
				</identifiers>
				<balance>7000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>669550</valUSD>
				<pctVal>0.9733090051</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Ultra Clean Holdings Inc</name>
				<lei>5493007L6LS7QX18PE75</lei>
				<title>Ultra Clean Holdings Inc COM</title>
				<cusip>90385V107</cusip>
				<identifiers>
					<isin value="US90385V1070"/>
					<ticker value="UCTT"/>
					<other otherDesc="SEDOL Number" value="B00G0F2"/>
				</identifiers>
				<balance>32500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>679575</valUSD>
				<pctVal>0.9878821106</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Universal Display</name>
				<lei>N/A</lei>
				<title>Universal Display COM</title>
				<cusip>91347P105</cusip>
				<identifiers>
					<isin value="US91347P1057"/>
					<ticker value="OLED"/>
					<other otherDesc="SEDOL Number" value="2277880"/>
				</identifiers>
				<balance>9000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1429110</valUSD>
				<pctVal>2.0774634191</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Vestas Wind System</name>
				<lei>549300DYMC8BGZZC8844</lei>
				<title>Vestas Wind System ADR EACH REPR 0.33333 SHS</title>
				<cusip>925458101</cusip>
				<identifiers>
					<isin value="US9254581013"/>
					<ticker value="VWDRY"/>
					<other otherDesc="SEDOL Number" value="B1P16F1"/>
				</identifiers>
				<balance>125000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4025000</valUSD>
				<pctVal>5.8510473384</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>DK</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>N/A</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<signature>
			<ncom:dateSigned>2020-04-24</ncom:dateSigned>
			<ncom:nameOfApplicant>SHELTON FUNDS</ncom:nameOfApplicant>
			<ncom:signature>/s/ Gregory Pusch</ncom:signature>
			<ncom:signerName>Gregory Pusch</ncom:signerName>
			<ncom:title>General Counsel and CCO</ncom:title>
		</signature>
	</formData>
</edgarSubmission>
