Telos Capital Management, Inc. — 13F Holdings & Portfolio

CIK 1567889 · latest 13F-HR filed 2026-07-22

Telos Capital Management, Inc. manages $1.13B in 13F-reported U.S. long-equity assets across 201 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (5.67%), VTI (3.59%), QCOM (2.82%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 16 new positions, exited 6, added to 92, and trimmed 40.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
13480 EVENING CREEK DRIVE NORTH
SUITE 250
SAN DIEGO, CA 92128
Phone
(858) 271-6350
Filing Manager
Telos Capital Management, Inc.
SAN DIEGO, CA
Signatory
Andrew Weld
Portfolio Manager
Loading holdings…
AUM

$1.13B

Long-equity book

Holdings

201

Distinct positions

Period

2026-06-30

Filed 2026-07-22

Q/Q Activity

+16 / −6 / ↑92 / ↓40

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • PALO ALTO NETWORKS INC$15.2M +110.0%
  • QUALCOMM INC$7.5M +30.3%
  • APPLE INC$7.2M +12.7%
  • ALPHABET INC$5.7M +22.2%
  • ASML HLDG NV$5.3M +45.4%
Show all 92

Top Trims

  • CHEVRON CORPORATION-$4.3M -20.0%
  • NORTHROP GRUMMAN CORP-$3.3M -22.2%
  • NETFLIX INC.-$2.9M -28.3%
  • PEPSICO INC-$2.7M -11.9%
  • EOG RES INC-$1.8M -9.0%
Show all 40

New Positions

  • HONEYWELL INTL INC$5.8M
  • HONEYWELL AEROSPACE INC$5.7M
  • SELECT SECTOR SPDR TR$4.0M
  • ISHARES TR$691.6K
  • INTEL CORP$333.8K
Show all 16

Exited Positions

  • HONEYWELL INTL INC$10.9M
  • LINCOLN ELEC HLDGS INC$248.3K
  • INTUIT$242.1K
  • AUTOMATIC DATA PROCESSING IN$209.3K
  • VIATRIS INC$207.8K
Show all 6
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 APPLE INC AAPL 037833100 $64.4M 5.67% 222,437 SH
2 VANGUARD INDEX FDS VTI 922908769 $40.7M 3.59% 109,957 SH
3 QUALCOMM INC QCOM 747525103 $32.0M 2.82% 173,332 SH
4 ALPHABET INC GOOGL 02079K305 $31.2M 2.75% 87,229 SH
5 VANGUARD INTL EQUITY INDEX F VEU 922042775 $30.1M 2.66% 359,801 SH
6 PALO ALTO NETWORKS INC PANW 697435105 $29.0M 2.55% 84,926 SH
7 MORGAN STANLEY MS 617446448 $26.4M 2.33% 126,507 SH
8 VANGUARD TAX-MANAGED FDS VEA 921943858 $22.5M 1.99% 316,442 SH
9 HOME DEPOT INC HD 437076102 $22.4M 1.97% 63,419 SH
10 AMAZON COM INC AMZN 023135106 $21.5M 1.90% 90,252 SH
11 VISA INC V 92826C839 $21.5M 1.89% 62,524 SH
12 JPMORGAN CHASE & CO JPM 46625H100 $21.4M 1.88% 65,314 SH
13 PEPSICO INC PEP 713448108 $20.1M 1.77% 148,515 SH
14 ALPHABET INC GOOG 02079K107 $19.1M 1.68% 54,038 SH
15 EOG RES INC EOG 26875P101 $18.3M 1.61% 141,067 SH
16 CHEVRON CORPORATION CVX 166764100 $17.1M 1.50% 102,892 SH
17 ASML HLDG NV ASML N07059210 $16.9M 1.49% 8,511 SH
18 COSTCO WHOLESALE CORPORATION COST 22160K105 $16.6M 1.46% 17,695 SH
19 PROCTER & GAMBLE CO PG 742718109 $16.4M 1.45% 112,178 SH
20 TRAVELERS COMPANIES INC TRV 89417E109 $16.2M 1.43% 49,145 SH
21 ISHARES TR IVV 464287200 $15.2M 1.34% 20,277 SH
22 ISHARES TR IJH 464287507 $14.9M 1.31% 193,305 SH
23 INVESCO QQQ TR QQQ 46090E103 $14.5M 1.27% 19,627 SH
24 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $14.4M 1.27% 28,718 SH
25 CISCO SYS INC CSCO 17275R102 $14.0M 1.23% 119,153 SH
26 CARRIER GLOBAL CORPORATION CARR 14448C104 $13.8M 1.21% 187,523 SH
27 AMERICAN CENTY ETF TR AVDV 025072802 $13.0M 1.15% 126,197 SH
28 MICROSOFT CORP MSFT 594918104 $12.7M 1.12% 33,964 SH
29 MASTERCARD INCORPORATED MA 57636Q104 $12.2M 1.07% 23,657 SH
30 VERTEX PHARMACEUTICALS INC VRTX 92532F100 $12.1M 1.06% 24,289 SH
31 NORTHROP GRUMMAN CORP NOC 666807102 $11.7M 1.03% 23,027 SH
32 JOHNSON & JOHNSON JNJ 478160104 $11.7M 1.03% 46,049 SH
33 NXP SEMICONDUCTORS N V NXPI N6596X109 $10.7M 0.94% 38,062 SH
34 ROCKWELL AUTOMATION INC ROK 773903109 $10.1M 0.89% 20,361 SH
35 REPUBLIC SVCS INC RSG 760759100 $9.6M 0.84% 44,998 SH
36 SERVICENOW INC NOW 81762P102 $9.5M 0.84% 96,183 SH
37 AMGEN INC AMGN 031162100 $9.4M 0.83% 25,990 SH
38 PHILLIPS 66 PSX 718546104 $9.4M 0.83% 55,644 SH
39 WILLIAMS SONOMA INC WSM 969904101 $9.2M 0.81% 39,605 SH
40 VANGUARD SCOTTSDALE FDS VCSH 92206C409 $9.1M 0.80% 115,170 SH
41 DANAHER CORP DEL DHR 235851102 $9.1M 0.80% 47,552 SH
42 IQVIA HLDGS INC IQV 46266C105 $9.0M 0.80% 46,755 SH
43 PNC FINL SVCS GROUP INC PNC 693475105 $8.8M 0.77% 35,571 SH
44 ISHARES TR IJR 464287804 $8.7M 0.77% 58,620 SH
45 JACOBS SOLUTIONS INC J 46982L108 $8.6M 0.76% 68,539 SH
46 TE CONNECTIVITY PLC TEL G87052109 $8.6M 0.76% 42,514 SH
47 GOLDMAN SACHS GROUP INC GS 38141G104 $8.5M 0.75% 8,374 SH
48 AMERICAN ELEC PWR CO INC AEP 025537101 $8.0M 0.70% 58,400 SH
49 AMERICAN CENTY ETF TR AVEM 025072604 $7.7M 0.68% 80,020 SH
50 NEXTERA ENERGY INC NEE 65339F101 $7.7M 0.68% 87,769 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-22 $1.13B 201 0001567889-26-000004
2026-03-31 2026-04-17 $1.04B 191 0001567889-26-000002
2025-12-31 2026-01-22 $1.07B 196 0001567889-26-000001