Telos Capital Management
SAN DIEGO, CAfiles as Telos Capital Management, Inc.
$1.1bn in 201 US stocks at the end of 30 June 2026. The top 10 are 28.2% of the money. It changed about 7.5% of the portfolio this quarter.
Value
$1.1bn
Stocks
201
Top 10 share
28.2%
Turnover
7.5%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell InternationalHON0.5% of the fund
- Honeywell AerospaceHONA0.5% of the fund
- Select Sector Spdr TRXLV0.4% of the fund
- Ishares TRIGV<0.1% of the fund
- IntelINTC<0.1% of the fund
- EA Series TrustFRDM<0.1% of the fund
- CorningGLW<0.1% of the fund
- FortinetFTNT<0.1% of the fund
- Vanguard Index FDSVB<0.1% of the fund
- Novo Nordisk A SNVO<0.1% of the fund
- Global X FDSBUG<0.1% of the fund
- Bank of AmericaBAC<0.1% of the fund
- Ishares TRIWB<0.1% of the fund
- Ishares TRIMCG<0.1% of the fund
- LennarLEN<0.1% of the fund
- Valero EnergyVLO<0.1% of the fund
Added
Bought more of a stock they already held.
- Costco WholesaleCOST1.5% of the fund+20%
- MicrosoftMSFT1.1% of the fund+3%
- Vertex PharmaceuticalsVRTX1.1% of the fund+5%
- Northrop GrummanNOC1.0% of the fund+4%
- Republic ServicesRSG0.8% of the fund+3%
- Vanguard Scottsdale FDSVCSH0.8% of the fund+7%
- TE ConnectivityTEL0.8% of the fund+3%
- Vanguard Scottsdale FDSVCIT0.6% of the fund+7%
- RTXRTX0.6% of the fund+7%
- Southern CompanySO0.6% of the fund+2%
- McDonald'sMCD0.5% of the fund+3%
- Invesco Exchange Traded FD TRSP0.4% of the fund+2%
- Waste ManagementWM0.4% of the fund+4%
- State STR Spdr S&P 500 ETF TSPY0.3% of the fund+9%
- General ElectricGE<0.1% of the fund+3%
- Advanced Micro DevicesAMD<0.1% of the fund+17%
- Palantir TechnologiesPLTR<0.1% of the fund+4%
- Vanguard Intl Equity Index FVWO<0.1% of the fund+3%
- Regeneron PharmaceuticalsREGN<0.1% of the fund+3%
- Select Sector Spdr TRXLI<0.1% of the fund+2%
- EcolabECL<0.1% of the fund+3%
- ComcastCMCSA<0.1% of the fund+7%
Cut
Sold some of their stake.
- Vanguard Index FDSVTI3.6% of the fund-9%
- QualcommQCOM2.8% of the fund-9%
- Morgan StanleyMS2.3% of the fund-3%
- Amazon.comAMZN1.9% of the fund-6%
- ASML Holding NVASML1.5% of the fund-3%
- Invesco QQQ TRQQQ1.3% of the fund-6%
- Cisco SystemsCSCO1.2% of the fund-4%
- NXP SemiconductorsNXPI0.9% of the fund-21%
- Phillips 66PSX0.8% of the fund-2%
- Jacobs SolutionsJ0.8% of the fund-5%
- Goldman Sachs GroupGS0.7% of the fund-27%
- Air Products & ChemicalsAPD0.7% of the fund-2%
- NetflixNFLX0.6% of the fund-3%
- Vanguard Whitehall FDSVYM0.6% of the fund-3%
- Walt DisneyDIS0.6% of the fund-4%
- Lockheed MartinLMT0.6% of the fund-4%
- Bristol-Myers SquibbBMY0.6% of the fund-4%
- NvidiaNVDA0.5% of the fund-27%
- Genuine PartsGPC0.4% of the fund-9%
- Ishares TREFV0.4% of the fund-3%
- Vaneck ETF TrustSMH0.4% of the fund-41%
- Amentum HoldingsAMTM0.3% of the fund-2%
- CrowdStrike HoldingsCRWD0.3% of the fund-6%
- Ishares TRIWS0.3% of the fund-4%
- Vanguard Index FDSVBR0.2% of the fund-4%
Sold out
Sold their entire stake.
Holdings
- Vanguard Index FDSVTI
- Share
- 3.6%
- Value
- $41m
- Shares
- 109,957
-9%
- Vanguard Intl Equity Index FVEU
- Share
- 2.7%
- Value
- $30m
- Shares
- 359,801
Held
- Vanguard Tax-Managed FDSVEA
- Share
- 2.0%
- Value
- $23m
- Shares
- 316,442
Held
- Ishares TRIVV
- Share
- 1.3%
- Value
- $15m
- Shares
- 20,277
Held
- Ishares TRIJH
- Share
- 1.3%
- Value
- $15m
- Shares
- 193,305
Held
- Invesco QQQ TRQQQ
- Share
- 1.3%
- Value
- $14m
- Shares
- 19,627
-6%
- American Centy ETF TRAVDV
- Share
- 1.1%
- Value
- $13m
- Shares
- 126,197
Held
- Vanguard Scottsdale FDSVCSH
- Share
- 0.8%
- Value
- $9m
- Shares
- 115,170
+7%
- Ishares TRIJR
- Share
- 0.8%
- Value
- $9m
- Shares
- 58,620
Held
- American Centy ETF TRAVEM
- Share
- 0.7%
- Value
- $8m
- Shares
- 80,020
Held
- Vanguard Scottsdale FDSVCIT
- Share
- 0.6%
- Value
- $7m
- Shares
- 87,276
+7%
- Vanguard Whitehall FDSVYM
- Share
- 0.6%
- Value
- $7m
- Shares
- 44,412
-3%
- Ishares TRIEFA
- Share
- 0.6%
- Value
- $7m
- Shares
- 69,877
Held
- American Centy ETF TRAVUV
- Share
- 0.5%
- Value
- $6m
- Shares
- 46,767
Held
- Honeywell AerospaceHONA
- Share
- 0.5%
- Value
- $6m
- Shares
- 25,856
New
- American Centy ETF TRAVIV
- Share
- 0.5%
- Value
- $6m
- Shares
- 72,680
Held
- Select Sector Spdr TRXLE
- Share
- 0.5%
- Value
- $5m
- Shares
- 98,251
Held
- Invesco Exchange Traded FD TRSP
- Share
- 0.4%
- Value
- $5m
- Shares
- 21,643
+2%
- Ishares TREFV
- Share
- 0.4%
- Value
- $5m
- Shares
- 59,823
-3%
- Vaneck ETF TrustSMH
- Share
- 0.4%
- Value
- $4m
- Shares
- 6,388
-41%
- Select Sector Spdr TRXLV
- Share
- 0.4%
- Value
- $4m
- Shares
- 25,108
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.3%
- Value
- $3m
- Shares
- 4,110
+9%
- Ishares TRIWS
- Share
- 0.3%
- Value
- $3m
- Shares
- 17,820
-4%
- Vanguard Index FDSVBR
- Share
- 0.2%
- Value
- $3m
- Shares
- 11,255
-4%
- Ishares TRSOXX
- Share
- 0.2%
- Value
- $3m
- Shares
- 4,211
-8%
- Vanguard Index FDSVXF
- Share
- 0.2%
- Value
- $2m
- Shares
- 8,228
-33%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 5.7% | $64m | 222,437 | Held |
| Vanguard Index FDSVTI | 3.6% | $41m | 109,957 | -9% |
| QualcommQCOM | 2.8% | $32m | 173,332 | -9% |
| AlphabetGOOGL | 2.7% | $31m | 87,229 | Held |
| Vanguard Intl Equity Index FVEU | 2.7% | $30m | 359,801 | Held |
| Palo Alto NetworksPANW | 2.6% | $29m | 84,926 | Held |
| Morgan StanleyMS | 2.3% | $26m | 126,507 | -3% |
| Vanguard Tax-Managed FDSVEA | 2.0% | $23m | 316,442 | Held |
| Home DepotHD | 2.0% | $22m | 63,419 | Held |
| Amazon.comAMZN | 1.9% | $22m | 90,252 | -6% |
| VisaV | 1.9% | $21m | 62,524 | Held |
| JPMorgan ChaseJPM | 1.9% | $21m | 65,314 | Held |
| PepsiCoPEP | 1.8% | $20m | 148,515 | Held |
| AlphabetGOOG | 1.7% | $19m | 54,038 | Held |
| EOG ResourcesEOG | 1.6% | $18m | 141,067 | Held |
| ChevronCVX | 1.5% | $17m | 102,892 | Held |
| ASML Holding NVASML | 1.5% | $17m | 8,511 | -3% |
| Costco WholesaleCOST | 1.5% | $17m | 17,695 | +20% |
| Procter & GamblePG | 1.4% | $16m | 112,178 | Held |
| Travelers CompaniesTRV | 1.4% | $16m | 49,145 | Held |
| Ishares TRIVV | 1.3% | $15m | 20,277 | Held |
| Ishares TRIJH | 1.3% | $15m | 193,305 | Held |
| Invesco QQQ TRQQQ | 1.3% | $14m | 19,627 | -6% |
| Berkshire HathawayBRK-B | 1.3% | $14m | 28,718 | Held |
| Cisco SystemsCSCO | 1.2% | $14m | 119,153 | -4% |
| Carrier GlobalCARR | 1.2% | $14m | 187,523 | Held |
| American Centy ETF TRAVDV | 1.1% | $13m | 126,197 | Held |
| MicrosoftMSFT | 1.1% | $13m | 33,964 | +3% |
| MastercardMA | 1.1% | $12m | 23,657 | Held |
| Vertex PharmaceuticalsVRTX | 1.1% | $12m | 24,289 | +5% |
| Northrop GrummanNOC | 1.0% | $12m | 23,027 | +4% |
| Johnson & JohnsonJNJ | 1.0% | $12m | 46,049 | Held |
| NXP SemiconductorsNXPI | 0.9% | $11m | 38,062 | -21% |
| Rockwell AutomationROK | 0.9% | $10m | 20,361 | Held |
| Republic ServicesRSG | 0.8% | $10m | 44,998 | +3% |
| ServiceNowNOW | 0.8% | $10m | 96,183 | Held |
| AmgenAMGN | 0.8% | $9m | 25,990 | Held |
| Phillips 66PSX | 0.8% | $9m | 55,644 | -2% |
| Williams SonomaWSM | 0.8% | $9m | 39,605 | Held |
| Vanguard Scottsdale FDSVCSH | 0.8% | $9m | 115,170 | +7% |
| DanaherDHR | 0.8% | $9m | 47,552 | Held |
| Iqvia HoldingsIQV | 0.8% | $9m | 46,755 | Held |
| PNC Financial Services GroupPNC | 0.8% | $9m | 35,571 | Held |
| Ishares TRIJR | 0.8% | $9m | 58,620 | Held |
| Jacobs SolutionsJ | 0.8% | $9m | 68,539 | -5% |
| TE ConnectivityTEL | 0.8% | $9m | 42,514 | +3% |
| Goldman Sachs GroupGS | 0.7% | $8m | 8,374 | -27% |
| American Electric PowerAEP | 0.7% | $8m | 58,400 | Held |
| American Centy ETF TRAVEM | 0.7% | $8m | 80,020 | Held |
| NextEra EnergyNEE | 0.7% | $8m | 87,769 | Held |
| Edwards LifesciencesEW | 0.7% | $7m | 82,811 | Held |
| Air Products & ChemicalsAPD | 0.7% | $7m | 25,162 | -2% |
| NetflixNFLX | 0.6% | $7m | 103,138 | -3% |
| Vanguard Scottsdale FDSVCIT | 0.6% | $7m | 87,276 | +7% |
| Cbre GroupCBRE | 0.6% | $7m | 52,929 | Held |
| RTXRTX | 0.6% | $7m | 36,996 | +7% |
| Vanguard Whitehall FDSVYM | 0.6% | $7m | 44,412 | -3% |
| ResmedRMD | 0.6% | $7m | 35,801 | Held |
| Southern CompanySO | 0.6% | $7m | 72,511 | +2% |
| Walt DisneyDIS | 0.6% | $7m | 71,190 | -4% |
| Ishares TRIEFA | 0.6% | $7m | 69,877 | Held |
| EnbridgeENB | 0.6% | $7m | 124,447 | Held |
| Lockheed MartinLMT | 0.6% | $7m | 13,131 | -4% |
| Realty IncomeO | 0.6% | $7m | 105,000 | Held |
| Bristol-Myers SquibbBMY | 0.6% | $6m | 111,780 | -4% |
| Meta PlatformsMETA | 0.6% | $6m | 11,221 | Held |
| WalmartWMT | 0.5% | $6m | 53,601 | Held |
| McDonald'sMCD | 0.5% | $6m | 21,681 | +3% |
| American Centy ETF TRAVUV | 0.5% | $6m | 46,767 | Held |
| Honeywell InternationalHON | 0.5% | $6m | 25,856 | New |
| Honeywell AerospaceHONA | 0.5% | $6m | 25,856 | New |
| NvidiaNVDA | 0.5% | $6m | 28,140 | -27% |
| American Centy ETF TRAVIV | 0.5% | $6m | 72,680 | Held |
| MedtronicMDT | 0.5% | $5m | 68,927 | Held |
| Select Sector Spdr TRXLE | 0.5% | $5m | 98,251 | Held |
| AbbVieABBV | 0.4% | $5m | 18,380 | Held |
| Invesco Exchange Traded FD TRSP | 0.4% | $5m | 21,643 | +2% |
| Genuine PartsGPC | 0.4% | $5m | 38,859 | -9% |
| Ishares TREFV | 0.4% | $5m | 59,823 | -3% |
| Waste ManagementWM | 0.4% | $4m | 19,882 | +4% |
| Vaneck ETF TrustSMH | 0.4% | $4m | 6,388 | -41% |
| Novartis AGNVS | 0.4% | $4m | 25,483 | Held |
| Select Sector Spdr TRXLV | 0.4% | $4m | 25,108 | New |
| Amentum HoldingsAMTM | 0.3% | $4m | 185,611 | -2% |
| ExxonMobil HoldingsXOM | 0.3% | $3m | 23,561 | Held |
| CaterpillarCAT | 0.3% | $3m | 2,967 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.3% | $3m | 4,110 | +9% |
| CrowdStrike HoldingsCRWD | 0.3% | $3m | 3,891 | -6% |
| Ishares TRIWS | 0.3% | $3m | 17,820 | -4% |
| Eli LillyLLY | 0.2% | $3m | 2,302 | Held |
| Vanguard Index FDSVBR | 0.2% | $3m | 11,255 | -4% |
| Ishares TRSOXX | 0.2% | $3m | 4,211 | -8% |
| Abbott LaboratoriesABT | 0.2% | $3m | 28,959 | Held |
| Union PacificUNP | 0.2% | $2m | 8,094 | Held |
| Lam ResearchLRCX | 0.2% | $2m | 4,954 | -3% |
| DeereDE | 0.2% | $2m | 3,289 | Held |
| Vanguard Index FDSVXF | 0.2% | $2m | 8,228 | -33% |
| PrologisPLD | 0.2% | $2m | 14,642 | -3% |
| AflacAFL | 0.2% | $2m | 16,427 | Held |
| International Business MachinesIBM | 0.2% | $2m | 6,765 | -2% |
Showing the largest 100 of 201.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 15.5% since 30 June 2025.
Where the money is
Technology18.4%
Financial services11.8%
Industrials10.1%
Health care8.4%
Media & telecom6.4%
Retail & consumer5.9%
Everyday goods5.5%
Energy4.8%
Real estate2.3%
Utilities2.1%
Materials0.7%
Other23.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.