Telos Capital Management, Inc.

13F filer · CIK 0001567889

Reported Jul 22, 2026

Net seller this quarter

13F portfolio value$1.13BU.S. long equity reported on 13F

Positions1538 new · 5 closed

Net flow last quarter-$20.9MBuys minus sells

Top 10 positions weight25.5%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 22, 2026153 positions
AAPLApple Inc.	$64.4M	5.67%	0.00%	-1.2%	Q2 2013
QCOMQualcomm Inc	$32M	2.82%	0.02%	-9.2%	Q2 2013
GOOGLAlphabet Inc.	$31.2M	2.75%	0.00%	-1.6%	Q4 2015
PANWPalo Alto Networks Inc	$29M	2.55%	0.01%	-1.3%	Q4 2023
MSMorgan Stanley	$26.4M	2.33%	0.01%	-3.3%	Q4 2014
HDHome Depot, Inc.	$22.4M	1.97%	0.01%	+0.5%	Q2 2013
AMZNAmazon Com Inc	$21.5M	1.90%	0.00%	-5.5%	Q3 2014
VVisa Inc.	$21.5M	1.89%	0.00%	-0.4%	Q2 2013
JPMJPMorgan Chase & Co	$21.4M	1.88%	0.00%	-0.4%	Q2 2013
PEPPepsico Inc	$20.1M	1.77%	0.01%	+1.1%	Q2 2013
GOOGAlphabet Inc.	$19.1M	1.68%	Not reported	-0.8%	Q4 2015
EOGEog Resources Inc	$18.3M	1.61%	0.03%	+1.4%	Q2 2013
CVXChevron Corp	$17.1M	1.50%	0.01%	-0.2%	Q2 2013
ASMLAsml Holding NV	$16.9M	1.49%	0.00%	-3.4%	Q2 2022
COSTCostco Wholesale Corp	$16.6M	1.46%	0.00%	+19.9%	Q3 2017
PGPROCTER & GAMBLE Co	$16.4M	1.45%	0.00%	-0.1%	Q2 2013
TRVTravelers Companies, Inc.	$16.2M	1.43%	0.02%	+0.2%	Q2 2013
QQQInvesco QQQ Trust, Series 1	$14.5M	1.27%	Not reported	-6.3%	Q2 2018
BRK.BBerkshire Hathaway Inc	$14.4M	1.27%	Not reported	+0.3%	Q2 2013
CSCOCisco Systems, Inc.	$14M	1.23%	0.00%	-3.9%	Q2 2013
CARRCARRIER GLOBAL Corp	$13.8M	1.21%	0.02%	-0.1%	Q2 2020
MSFTMicrosoft Corp	$12.7M	1.12%	0.00%	+2.6%	Q2 2013
MAMastercard Inc	$12.2M	1.07%	0.00%	0.0%	Q3 2019
VRTXVertex Pharmaceuticals Inc / Ma	$12.1M	1.06%	0.01%	+4.5%	Q2 2021
NOCNorthrop Grumman Corp	$11.7M	1.03%	0.02%	+4.2%	Q1 2021
JNJJohnson & Johnson	$11.7M	1.03%	0.00%	-0.9%	Q2 2013
NXPINXP Semiconductors N.V.	$10.7M	0.94%	0.02%	-21.0%	Q3 2019
ROKRockwell Automation, Inc	$10.1M	0.89%	0.02%	-0.8%	Q1 2016
RSGRepublic Services, Inc.	$9.59M	0.84%	0.01%	+2.9%	Q2 2020
NOWServiceNow, Inc.	$9.55M	0.84%	0.01%	-0.4%	Q1 2023
AMGNAmgen Inc	$9.41M	0.83%	0.00%	-0.1%	Q1 2014
PSXPhillips 66	$9.41M	0.83%	0.01%	-2.0%	Q1 2019
WSMWilliams Sonoma Inc	$9.23M	0.81%	0.03%	-0.3%	Q3 2019
DHRDanaher Corp	$9.06M	0.80%	0.01%	+0.5%	Q3 2019
IQVIqvia Holdings Inc.	$9.03M	0.80%	0.03%	+0.4%	Q2 2018
PNCPNC Financial Services Group, Inc.	$8.76M	0.77%	0.01%	-2.0%	Q2 2013
JJacobs Solutions Inc.	$8.64M	0.76%	0.06%	-5.2%	Q3 2022
TELTE Connectivity plc	$8.57M	0.76%	0.01%	+2.5%	Q4 2019
GSGoldman Sachs Group Inc	$8.47M	0.75%	0.00%	-27.1%	Q2 2013
AEPAmerican Electric Power Co Inc	$7.99M	0.70%	0.01%	-1.8%	Q2 2013
NEENextera Energy Inc	$7.7M	0.68%	0.00%	+1.0%	Q2 2013
EWEdwards Lifesciences Corp	$7.49M	0.66%	0.01%	+0.5%	Q2 2023
APDAir Products & Chemicals, Inc.	$7.38M	0.65%	0.01%	-2.5%	Q4 2023
NFLXNetflix Inc	$7.36M	0.65%	0.00%	-3.4%	Q1 2017
CBRECbre Group, Inc.	$7.13M	0.63%	0.02%	+0.5%	Q2 2013
RTXRTX Corp	$7.02M	0.62%	0.00%	+7.0%	Q2 2020
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$7.02M	0.62%	Not reported	-3.0%	Q2 2013
RMDResmed Inc	$6.98M	0.61%	0.02%	0.0%	Q2 2015
SOSouthern Co	$6.94M	0.61%	0.01%	+2.3%	Q1 2014
DISWalt Disney Co	$6.85M	0.60%	0.00%	-4.4%	Q2 2013

Q1 2026Reported Apr 17, 2026149 positions
AAPLApple Inc.	$57.1M	5.47%	0.00%	-0.3%	Q2 2013
GOOGLAlphabet Inc.	$25.5M	2.44%	0.00%	-15.8%	Q4 2015
QCOMQualcomm Inc	$24.6M	2.35%	0.02%	+0.9%	Q2 2013
PEPPepsico Inc	$22.8M	2.19%	0.01%	+0.5%	Q2 2013
MSMorgan Stanley	$21.5M	2.06%	0.01%	-1.7%	Q4 2014
CVXChevron Corp	$21.3M	2.04%	0.01%	-4.6%	Q2 2013
HDHome Depot, Inc.	$20.8M	1.99%	0.01%	+2.2%	Q2 2013
EOGEog Resources Inc	$20.1M	1.93%	0.03%	+1.7%	Q2 2013
AMZNAmazon Com Inc	$19.9M	1.91%	0.00%	+0.8%	Q3 2014
JPMJPMorgan Chase & Co	$19.3M	1.85%	0.00%	+1.4%	Q2 2013
VVisa Inc.	$19M	1.82%	0.00%	+3.1%	Q2 2013
PGPROCTER & GAMBLE Co	$16.2M	1.55%	0.00%	-0.9%	Q2 2013
GOOGAlphabet Inc.	$15.6M	1.50%	Not reported	-5.3%	Q4 2015
NOCNorthrop Grumman Corp	$15.1M	1.44%	0.02%	-25.3%	Q1 2021
COSTCostco Wholesale Corp	$14.7M	1.41%	0.00%	+10.6%	Q3 2017
TRVTravelers Companies, Inc.	$14.3M	1.37%	0.02%	-5.0%	Q2 2013
PANWPalo Alto Networks Inc	$13.8M	1.32%	0.01%	+8.0%	Q4 2023
BRK.BBerkshire Hathaway Inc	$13.7M	1.31%	Not reported	+2.7%	Q2 2013
MSFTMicrosoft Corp	$12.3M	1.17%	0.00%	+10.6%	Q2 2013
QQQInvesco QQQ Trust, Series 1	$12.1M	1.16%	Not reported	-1.2%	Q2 2018
MAMastercard Inc	$11.8M	1.13%	0.00%	-0.4%	Q3 2019
ASMLAsml Holding NV	$11.6M	1.12%	0.00%	-3.8%	Q2 2022
JNJJohnson & Johnson	$11.4M	1.09%	0.00%	-3.1%	Q2 2013
HONHoneywell International Inc	$10.9M	1.05%	0.01%	+10.7%	Q4 2015
CARRCARRIER GLOBAL Corp	$10.6M	1.01%	0.02%	+1.0%	Q2 2020
VRTXVertex Pharmaceuticals Inc / Ma	$10.4M	0.99%	0.01%	+3.8%	Q2 2021
PSXPhillips 66	$10.3M	0.99%	0.01%	-1.8%	Q1 2019
NFLXNetflix Inc	$10.3M	0.98%	0.00%	+125.0%	Q1 2017
NOWServiceNow, Inc.	$10.1M	0.97%	0.01%	+89.6%	Q1 2023
GSGoldman Sachs Group Inc	$9.72M	0.93%	0.00%	-1.8%	Q2 2013
CSCOCisco Systems, Inc.	$9.62M	0.92%	0.00%	-0.6%	Q2 2013
RSGRepublic Services, Inc.	$9.57M	0.92%	0.01%	+5.5%	Q2 2020
NXPINXP Semiconductors N.V.	$9.48M	0.91%	0.02%	-5.8%	Q3 2019
JJacobs Solutions Inc.	$9.21M	0.88%	0.06%	-5.1%	Q3 2022
AMGNAmgen Inc	$9.15M	0.88%	0.00%	-3.6%	Q1 2014
DHRDanaher Corp	$8.97M	0.86%	0.01%	-0.7%	Q3 2019
TELTE Connectivity plc	$8.67M	0.83%	0.01%	+3.0%	Q4 2019
LMTLockheed Martin Corp	$8.27M	0.79%	0.01%	-3.1%	Q3 2018
NEENextera Energy Inc	$8.07M	0.77%	0.00%	-2.2%	Q2 2013
RMDResmed Inc	$8.04M	0.77%	0.02%	+8.3%	Q2 2015
IQVIqvia Holdings Inc.	$7.94M	0.76%	0.03%	+5.3%	Q2 2018
AEPAmerican Electric Power Co Inc	$7.8M	0.75%	0.01%	-2.2%	Q2 2013
PNCPNC Financial Services Group, Inc.	$7.55M	0.72%	0.01%	+0.2%	Q2 2013
APDAir Products & Chemicals, Inc.	$7.5M	0.72%	0.01%	-0.4%	Q4 2023
ROKRockwell Automation, Inc	$7.37M	0.71%	0.02%	+2.6%	Q1 2016
WSMWilliams Sonoma Inc	$7.24M	0.69%	0.03%	-0.8%	Q3 2019
DISWalt Disney Co	$7.18M	0.69%	0.00%	-5.1%	Q2 2013
CBRECbre Group, Inc.	$7.14M	0.68%	0.02%	+9.1%	Q2 2013
BMYBristol Myers Squibb Co	$7.04M	0.67%	0.01%	+0.1%	Q2 2015
SOSouthern Co	$6.84M	0.66%	0.01%	-1.2%	Q1 2014

Q4 2025Reported Jan 22, 2026151 positions
AAPLApple Inc.	$61.4M	5.72%	0.00%	-1.8%	Q2 2013
GOOGLAlphabet Inc.	$33M	3.07%	0.00%	-5.7%	Q4 2015
QCOMQualcomm Inc	$32.3M	3.02%	0.02%	-0.1%	Q2 2013
MSMorgan Stanley	$23.6M	2.20%	0.01%	-5.7%	Q4 2014
AMZNAmazon Com Inc	$21.9M	2.04%	0.00%	+0.4%	Q3 2014
VVisa Inc.	$21.3M	1.99%	0.00%	+1.1%	Q2 2013
HDHome Depot, Inc.	$21.2M	1.98%	0.01%	+3.8%	Q2 2013
PEPPepsico Inc	$21M	1.96%	0.01%	+2.9%	Q2 2013
JPMJPMorgan Chase & Co	$20.9M	1.94%	0.00%	-2.4%	Q2 2013
GOOGAlphabet Inc.	$18.1M	1.68%	Not reported	-4.0%	Q4 2015
NOCNorthrop Grumman Corp	$16.9M	1.57%	0.02%	-1.2%	Q1 2021
CVXChevron Corp	$16.5M	1.54%	0.01%	+0.4%	Q2 2013
PGPROCTER & GAMBLE Co	$16.2M	1.51%	0.00%	-0.6%	Q2 2013
TRVTravelers Companies, Inc.	$15M	1.40%	0.02%	-0.4%	Q2 2013
PANWPalo Alto Networks Inc	$14.7M	1.37%	0.01%	+1.1%	Q4 2023
MSFTMicrosoft Corp	$14.5M	1.35%	0.00%	0.0%	Q2 2013
EOGEog Resources Inc	$14.4M	1.34%	0.03%	+100.3%	Q2 2013
BRK.BBerkshire Hathaway Inc	$14M	1.31%	Not reported	+0.9%	Q2 2013
MAMastercard Inc	$13.6M	1.26%	0.00%	-1.6%	Q3 2019
QQQInvesco QQQ Trust, Series 1	$13M	1.21%	Not reported	-5.0%	Q2 2018
COSTCostco Wholesale Corp	$11.5M	1.07%	0.00%	+13.9%	Q3 2017
NXPINXP Semiconductors N.V.	$11.1M	1.03%	0.02%	-0.7%	Q3 2019
DHRDanaher Corp	$10.9M	1.02%	0.01%	-2.0%	Q3 2019
GSGoldman Sachs Group Inc	$10.3M	0.96%	0.00%	-3.5%	Q2 2013
VRTXVertex Pharmaceuticals Inc / Ma	$10.1M	0.95%	0.01%	+5.6%	Q2 2021
JJacobs Solutions Inc.	$10.1M	0.94%	0.06%	-17.1%	Q3 2022
IQVIqvia Holdings Inc.	$9.97M	0.93%	0.03%	+0.3%	Q2 2018
JNJJohnson & Johnson	$9.92M	0.92%	0.00%	-2.4%	Q2 2013
CARRCARRIER GLOBAL Corp	$9.83M	0.92%	0.02%	+2.2%	Q2 2020
ASMLAsml Holding NV	$9.8M	0.91%	0.00%	-15.6%	Q2 2022
CSCOCisco Systems, Inc.	$9.61M	0.90%	0.00%	-0.7%	Q2 2013
RTXRTX Corp	$9.37M	0.87%	0.00%	-4.7%	Q2 2020
TELTE Connectivity plc	$9.16M	0.85%	0.01%	-14.0%	Q4 2019
DISWalt Disney Co	$8.92M	0.83%	0.00%	+4.5%	Q2 2013
AMGNAmgen Inc	$8.83M	0.82%	0.01%	-3.0%	Q1 2014
RSGRepublic Services, Inc.	$8.78M	0.82%	0.01%	+8.7%	Q2 2020
HONHoneywell International Inc	$8.53M	0.79%	0.01%	-0.1%	Q4 2015
ORCLOracle Corp	$8.41M	0.78%	0.00%	+3.4%	Q4 2015
RMDResmed Inc	$7.97M	0.74%	0.02%	+5.4%	Q2 2015
NOWServiceNow, Inc.	$7.8M	0.73%	0.00%	+61.2%	Q1 2023
ROKRockwell Automation, Inc	$7.78M	0.73%	0.02%	-1.1%	Q1 2016
CBRECbre Group, Inc.	$7.76M	0.72%	0.02%	+0.2%	Q2 2013
PNCPNC Financial Services Group, Inc.	$7.56M	0.70%	0.01%	0.0%	Q2 2013
PSXPhillips 66	$7.46M	0.70%	0.01%	+2.6%	Q1 2019
METAMeta Platforms, Inc.	$7.41M	0.69%	Not reported	-0.3%	Q1 2016
NVDANvidia Corp	$7.15M	0.67%	0.00%	0.0%	Q4 2021
WSMWilliams Sonoma Inc	$7.15M	0.67%	0.03%	-1.5%	Q3 2019
NEENextera Energy Inc	$7.13M	0.66%	0.00%	-3.1%	Q2 2013
AEPAmerican Electric Power Co Inc	$7.01M	0.65%	0.01%	+0.1%	Q2 2013
ENBEnbridge Inc	$6.92M	0.65%	0.01%	+1.0%	Q1 2017

Q3 2025Reported Nov 4, 2025151 positions
AAPLApple Inc.	$58.5M	5.61%	0.00%	0.0%	Q2 2013
QCOMQualcomm Inc	$31.5M	3.02%	0.02%	-1.1%	Q2 2013
GOOGLAlphabet Inc.	$27.2M	2.60%	0.00%	-0.6%	Q4 2015
HDHome Depot, Inc.	$24.1M	2.31%	0.01%	+3.2%	Q2 2013
MSMorgan Stanley	$22.5M	2.15%	0.01%	-1.5%	Q4 2014
JPMJPMorgan Chase & Co	$20.9M	2.00%	0.00%	-0.1%	Q2 2013
AMZNAmazon Com Inc	$20.7M	1.99%	0.00%	+0.7%	Q3 2014
VVisa Inc.	$20.6M	1.97%	0.00%	+1.8%	Q2 2013
PEPPepsico Inc	$20M	1.91%	0.01%	+4.8%	Q2 2013
NOCNorthrop Grumman Corp	$18.2M	1.75%	0.02%	-0.5%	Q1 2021
PGPROCTER & GAMBLE Co	$17.5M	1.68%	0.00%	+2.2%	Q2 2013
CVXChevron Corp	$16.7M	1.60%	0.01%	-0.3%	Q2 2013
PANWPalo Alto Networks Inc	$16M	1.54%	0.01%	+4.9%	Q4 2023
MSFTMicrosoft Corp	$15.5M	1.49%	0.00%	+0.2%	Q2 2013
GOOGAlphabet Inc.	$14.6M	1.40%	Not reported	+1.9%	Q4 2015
TRVTravelers Companies, Inc.	$14.5M	1.39%	0.02%	+1.5%	Q2 2013
BRK.BBerkshire Hathaway Inc	$13.9M	1.33%	Not reported	+4.3%	Q2 2013
JJacobs Solutions Inc.	$13.8M	1.32%	0.08%	-0.5%	Q3 2022
MAMastercard Inc	$13.7M	1.31%	0.00%	-0.7%	Q3 2019
QQQInvesco QQQ Trust, Series 1	$13.4M	1.28%	Not reported	-2.1%	Q2 2018
ORCLOracle Corp	$11.7M	1.12%	0.00%	-20.5%	Q4 2015
NXPINXP Semiconductors N.V.	$11.7M	1.12%	0.02%	+0.7%	Q3 2019
CARRCARRIER GLOBAL Corp	$10.9M	1.04%	0.02%	+5.8%	Q2 2020
COSTCostco Wholesale Corp	$10.8M	1.04%	0.00%	+8.7%	Q3 2017
ASMLAsml Holding NV	$10.5M	1.01%	0.00%	+4.5%	Q2 2022
TELTE Connectivity plc	$10.3M	0.98%	0.02%	-2.2%	Q4 2019
GSGoldman Sachs Group Inc	$9.66M	0.93%	0.00%	-1.7%	Q2 2013
DHRDanaher Corp	$9.64M	0.92%	0.01%	+3.1%	Q3 2019
HONHoneywell International Inc	$9.21M	0.88%	0.01%	+3.8%	Q4 2015
JNJJohnson & Johnson	$9.11M	0.87%	0.00%	+0.4%	Q2 2013
RTXRTX Corp	$8.97M	0.86%	0.00%	-2.1%	Q2 2020
RSGRepublic Services, Inc.	$8.75M	0.84%	0.01%	+13.2%	Q2 2020
DISWalt Disney Co	$8.6M	0.82%	0.00%	+1.5%	Q2 2013
CSCOCisco Systems, Inc.	$8.59M	0.82%	0.00%	-0.5%	Q2 2013
RMDResmed Inc	$8.59M	0.82%	0.02%	+2.2%	Q2 2015
IQVIqvia Holdings Inc.	$8.37M	0.80%	0.03%	+7.5%	Q2 2018
VRTXVertex Pharmaceuticals Inc / Ma	$8.3M	0.80%	0.01%	+10.1%	Q2 2021
METAMeta Platforms, Inc.	$8.27M	0.79%	Not reported	-0.7%	Q1 2016
WSMWilliams Sonoma Inc	$7.94M	0.76%	0.03%	Not reported	Q3 2019
AMGNAmgen Inc	$7.85M	0.75%	0.01%	+0.5%	Q1 2014
PSXPhillips 66	$7.67M	0.73%	0.01%	+5.2%	Q1 2019
EOGEog Resources Inc	$7.66M	0.73%	0.01%	+5.0%	Q2 2013
CBRECbre Group, Inc.	$7.59M	0.73%	0.02%	+0.6%	Q2 2013
PNCPNC Financial Services Group, Inc.	$7.28M	0.70%	0.01%	+0.4%	Q2 2013
ENBEnbridge Inc	$7.23M	0.69%	0.01%	+0.6%	Q1 2017
NVDANvidia Corp	$7.16M	0.69%	0.00%	+0.3%	Q4 2021
APDAir Products & Chemicals, Inc.	$7.13M	0.68%	0.01%	+0.1%	Q4 2023
ROKRockwell Automation, Inc	$7.07M	0.68%	0.02%	+0.9%	Q1 2016
LMTLockheed Martin Corp	$7.05M	0.68%	0.01%	+0.1%	Q3 2018
PYPLPayPal Holdings, Inc.	$7.01M	0.67%	0.01%	+3.8%	Q3 2015

Premium opens every quarter this fund has filed