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Portfolio (Quarterly) Guide ↗

Telos Capital Management, Inc.

· CIK 0001567889
13F Portfolio $1.1B AUM 201 positions Filed Jul 22, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 16 New 47 Added 89 Reduced 6 Exited
Page 2 of 11  ·  201 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 IVV ISHARES TR 20,277.0 $15.2M 1.34% +194.0 +1.0% $748.90 +3.2%
22 IJH ISHARES TR 193,305.0 $14.9M 1.31% +3K +1.7% $77.11 -0.1%
23 QQQ INVESCO QQQ TR Financial Services 19,627.0 $14.5M 1.27% -1K -6.3% $736.39 -2.8%
24 BERKSHIRE HATHAWAY INC DEL 28,718.0 $14.4M 1.27% $500.39
25 CSCO CISCO SYS INC Technology 119,153.0 $14.0M 1.23% -5K -3.9% $117.46 -5.9%
26 CARR CARRIER GLOBAL CORPORATION Industrials 187,523.0 $13.8M 1.21% $73.35 -16.6%
27 AVDV AMERICAN CENTY ETF TR 126,197.0 $13.0M 1.15% -1K -0.9% $103.05 +7.4%
28 MSFT MICROSOFT CORP Technology 33,964.0 $12.7M 1.12% +844.0 +2.5% $373.02 +29.8%
29 MA MASTERCARD INCORPORATED Financial Services 23,657.0 $12.2M 1.07% $513.60 +11.7%
30 VRTX VERTEX PHARMACEUTICALS INC Healthcare 24,289.0 $12.1M 1.06% +1K +4.5% $496.73 +11.1%
31 NOC NORTHROP GRUMMAN CORP Industrials 23,027.0 $11.7M 1.03% +933.0 +4.2% $509.31 +14.4%
32 JNJ JOHNSON & JOHNSON Healthcare 46,049.0 $11.7M 1.03% -417.0 -0.9% $253.97 +7.7%
33 NXPI NXP SEMICONDUCTORS N V Technology 38,062.0 $10.7M 0.94% -10K -21.0% $281.03 -19.6%
34 ROK ROCKWELL AUTOMATION INC Industrials 20,361.0 $10.1M 0.89% -168.0 -0.8% $495.08 -12.5%
35 RSG REPUBLIC SVCS INC Industrials 44,998.0 $9.6M 0.84% +1K +2.9% $213.08 +3.7%
36 NOW SERVICENOW INC Technology 96,183.0 $9.5M 0.84% $99.28 +28.1%
37 AMGN AMGEN INC Healthcare 25,990.0 $9.4M 0.83% $362.12 +22.2%
38 PSX PHILLIPS 66 Energy 55,644.0 $9.4M 0.83% -1K -2.0% $169.05 +43.3%
39 WSM WILLIAMS SONOMA INC Consumer Cyclical 39,605.0 $9.2M 0.81% $233.10 +4.0%
40 VCSH VANGUARD SCOTTSDALE FDS 115,170.0 $9.1M 0.80% +8K +7.3% $79.03 -0.4%
Page 2 of 11  ·  201 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.1%
Financial Services 16.3%
Industrials 10.5%
Healthcare 10.2%
Communication Services 8.5%
Consumer Cyclical 7.9%
Consumer Defensive 7.3%
Energy 6.5%
Real Estate 3.0%
Utilities 2.8%