13F HOLDINGS REPORT
Telos Capital Management, Inc.
Quarter ended Q2 2025 · Filed August 5, 2025 · Accession 0001567889-25-000004
Total Value
$982.2M
Positions
196
Other Managers
0
Confidential Omitted
No
Holdings (196)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 229,806 | $47.1M | 4.80% |
| 2 | VANGUARD INDEX FDS | 922908769 | 131,309 | $39.9M | 4.06% |
| 3 | QUALCOMM INC | QCOM | 191,248 | $30.5M | 3.10% |
| 4 | VANGUARD INTL EQUITY INDEX F | 922042775 | 338,827 | $22.8M | 2.32% |
| 5 | HOME DEPOT INC | HD | 57,609 | $21.1M | 2.15% |
| 6 | VISA INC | V | 59,134 | $21.0M | 2.14% |
| 7 | AMAZON COM INC | AMZN | 93,764 | $20.6M | 2.09% |
| 8 | MORGAN STANLEY | MS-PQ | 143,372 | $20.2M | 2.06% |
| 9 | ALPHABET INC | GOOG | 112,477 | $19.8M | 2.02% |
| 10 | JPMORGAN CHASE & CO. | VYLD | 66,323 | $19.2M | 1.96% |
| 11 | PEPSICO INC | PEP | 135,676 | $17.9M | 1.82% |
| 12 | PROCTER AND GAMBLE CO | 742718109 | 111,510 | $17.8M | 1.81% |
| 13 | VANGUARD TAX-MANAGED FDS | 921943858 | 311,466 | $17.8M | 1.81% |
| 14 | CHEVRON CORP NEW | CVX | 107,940 | $15.5M | 1.57% |
| 15 | PALO ALTO NETWORKS INC | PANW | 75,086 | $15.4M | 1.56% |
| 16 | NORTHROP GRUMMAN CORP | NOC | 30,056 | $15.0M | 1.53% |
| 17 | MICROSOFT CORP | MSFT | 29,884 | $14.9M | 1.51% |
| 18 | TRAVELERS COMPANIES INC | TRV | 51,126 | $13.7M | 1.39% |
| 19 | MASTERCARD INCORPORATED | MA | 24,293 | $13.7M | 1.39% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 26,508 | $12.9M | 1.31% |
| 21 | CARRIER GLOBAL CORPORATION | CARR | 172,026 | $12.6M | 1.28% |
| 22 | INVESCO QQQ TR | IVZ | 22,797 | $12.6M | 1.28% |
| 23 | ISHARES TR | 464287200 | 19,891 | $12.4M | 1.26% |
| 24 | JACOBS SOLUTIONS INC | J | 92,342 | $12.1M | 1.24% |
| 25 | ORACLE CORP | ORCL-PD | 52,490 | $11.5M | 1.17% |
| 26 | NXP SEMICONDUCTORS N V | NXPI | 51,102 | $11.2M | 1.14% |
| 27 | ISHARES TR | 464287507 | 177,116 | $11.0M | 1.12% |
| 28 | COSTCO WHSL CORP NEW | 22160K105 | 10,776 | $10.7M | 1.09% |
| 29 | ALPHABET INC | GOOG | 58,831 | $10.4M | 1.06% |
| 30 | HONEYWELL INTL INC | 438516106 | 42,160 | $9.8M | 1.00% |
| 31 | UNITED PARCEL SERVICE INC | UPS | 93,666 | $9.5M | 0.96% |
| 32 | DANAHER CORPORATION | 235851102 | 47,160 | $9.3M | 0.95% |
| 33 | DISNEY WALT CO | 254687106 | 74,005 | $9.2M | 0.93% |
| 34 | CISCO SYS INC | CSCO | 126,155 | $8.8M | 0.89% |
| 35 | GOLDMAN SACHS GROUP INC | GSCE | 12,348 | $8.7M | 0.89% |
| 36 | VERTEX PHARMACEUTICALS INC | VRTX | 19,242 | $8.6M | 0.87% |
| 37 | META PLATFORMS INC | META | 11,335 | $8.4M | 0.85% |
| 38 | ASML HOLDING N V | ASMLF | 10,387 | $8.3M | 0.85% |
| 39 | REPUBLIC SVCS INC | 760759100 | 33,693 | $8.3M | 0.85% |
| 40 | TE CONNECTIVITY PLC | TEL | 47,841 | $8.1M | 0.82% |
| 41 | RTX CORPORATION | RTX | 54,757 | $8.0M | 0.81% |
| 42 | VANGUARD SCOTTSDALE FDS | 92206C409 | 100,042 | $8.0M | 0.81% |
| 43 | RESMED INC | RSMDF | 30,721 | $7.9M | 0.81% |
| 44 | EOG RES INC | EOG | 65,034 | $7.8M | 0.79% |
| 45 | AMGEN INC | AMGN | 27,672 | $7.7M | 0.79% |
| 46 | PAYPAL HLDGS INC | PYPL | 100,725 | $7.5M | 0.76% |
| 47 | JOHNSON & JOHNSON | JNJ | 48,926 | $7.5M | 0.76% |
| 48 | AIR PRODS & CHEMS INC | AIIR | 26,132 | $7.4M | 0.75% |
| 49 | PRICE T ROWE GROUP INC | TROW | 74,832 | $7.2M | 0.74% |
| 50 | PNC FINL SVCS GROUP INC | 693475105 | 36,070 | $6.7M | 0.68% |
| 51 | CBRE GROUP INC | CBRE | 47,927 | $6.7M | 0.68% |
| 52 | ROCKWELL AUTOMATION INC | ROK | 20,042 | $6.7M | 0.68% |
| 53 | WILLIAMS SONOMA INC | WSM | 40,630 | $6.6M | 0.68% |
| 54 | LOCKHEED MARTIN CORP | LMT | 14,121 | $6.5M | 0.67% |
| 55 | IQVIA HLDGS INC | IQV | 41,006 | $6.5M | 0.66% |
| 56 | ENBRIDGE INC | ENNPF | 142,382 | $6.5M | 0.66% |
| 57 | PHILLIPS 66 | PSX | 53,565 | $6.4M | 0.65% |
| 58 | SOUTHERN CO | SOMN | 69,521 | $6.4M | 0.65% |
| 59 | NEXTERA ENERGY INC | NEE-PW | 91,115 | $6.3M | 0.64% |
| 60 | VANGUARD SCOTTSDALE FDS | 92206C870 | 75,808 | $6.3M | 0.64% |
| 61 | WISDOMTREE TR | WT | 82,581 | $6.2M | 0.63% |
| 62 | AMERICAN ELEC PWR CO INC | 025537101 | 59,753 | $6.2M | 0.63% |
| 63 | ISHARES TR | 46432F842 | 72,896 | $6.1M | 0.62% |
| 64 | SERVICENOW INC | NOW | 5,895 | $6.1M | 0.62% |
| 65 | NVIDIA CORPORATION | NVDA | 38,262 | $6.0M | 0.62% |
| 66 | WALMART INC | WMT | 61,707 | $6.0M | 0.61% |
| 67 | MCDONALDS CORP | MCD | 20,523 | $6.0M | 0.61% |
| 68 | VANGUARD WHITEHALL FDS | 921946406 | 44,779 | $6.0M | 0.61% |
| 69 | MEDTRONIC PLC | MDT | 68,019 | $5.9M | 0.60% |
| 70 | ISHARES TR | 464287804 | 53,835 | $5.9M | 0.60% |
| 71 | REALTY INCOME CORP | O | 99,467 | $5.7M | 0.58% |
| 72 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 113,451 | $5.3M | 0.53% |
| 73 | AMENTUM HOLDINGS INC | AMTM | 220,718 | $5.2M | 0.53% |
| 74 | NETFLIX INC | NFLX | 3,787 | $5.1M | 0.52% |
| 75 | GENUINE PARTS CO | GPC | 41,521 | $5.0M | 0.51% |
| 76 | EDWARDS LIFESCIENCES CORP | EW | 62,415 | $4.9M | 0.50% |
| 77 | AMERICAN CENTY ETF TR | 025072802 | 53,355 | $4.2M | 0.43% |
| 78 | ABBOTT LABS | ABLZF | 30,600 | $4.2M | 0.42% |
| 79 | AMERICAN CENTY ETF TR | 025072877 | 42,992 | $3.9M | 0.40% |
| 80 | ISHARES TR | 464288877 | 61,569 | $3.9M | 0.40% |
| 81 | ABBVIE INC | ABBV | 19,876 | $3.7M | 0.38% |
| 82 | ISHARES TR | 464287408 | 18,491 | $3.6M | 0.37% |
| 83 | ADOBE INC | ADBE | 9,171 | $3.5M | 0.36% |
| 84 | INVESCO EXCHANGE TRADED FD T | IVZ | 19,502 | $3.5M | 0.36% |
| 85 | WASTE MGMT INC DEL | 94106L109 | 15,449 | $3.5M | 0.36% |
| 86 | NOVARTIS AG | NVSEF | 26,690 | $3.2M | 0.33% |
| 87 | SELECT SECTOR SPDR TR | 81369Y605 | 59,562 | $3.1M | 0.32% |
| 88 | EXXON MOBIL CORP | XOM | 28,696 | $3.1M | 0.31% |
| 89 | VANECK ETF TRUST | 92189F676 | 10,813 | $3.0M | 0.31% |
| 90 | VANGUARD INDEX FDS | 922908652 | 15,066 | $2.9M | 0.30% |
| 91 | ELI LILLY & CO | LLY | 3,280 | $2.6M | 0.26% |
| 92 | ACCENTURE PLC IRELAND | ACN | 8,546 | $2.6M | 0.26% |
| 93 | ISHARES TR | 464287473 | 18,906 | $2.5M | 0.25% |
| 94 | VANGUARD INDEX FDS | 922908611 | 11,831 | $2.3M | 0.23% |
| 95 | INTERNATIONAL BUSINESS MACHS | INTR | 7,794 | $2.3M | 0.23% |
| 96 | ZOETIS INC | ZTS | 12,867 | $2.0M | 0.20% |
| 97 | UNION PAC CORP | UNP | 8,389 | $1.9M | 0.20% |
| 98 | DEERE & CO | DE | 3,416 | $1.7M | 0.18% |
| 99 | PROLOGIS INC. | PLDGP | 14,653 | $1.5M | 0.16% |
| 100 | TESLA INC | TSLA | 4,778 | $1.5M | 0.15% |
| 101 | MID-AMER APT CMNTYS INC | 59522J103 | 10,215 | $1.5M | 0.15% |
| 102 | CROWDSTRIKE HLDGS INC | CRWD | 2,961 | $1.5M | 0.15% |
| 103 | AFLAC INC | AFL | 14,186 | $1.5M | 0.15% |
| 104 | UDR INC | UDR | 35,544 | $1.5M | 0.15% |
| 105 | CAMDEN PPTY TR | 133131102 | 12,830 | $1.4M | 0.15% |
| 106 | ISHARES TR | 464287556 | 11,336 | $1.4M | 0.15% |
| 107 | SPDR SERIES TRUST | 78464A805 | 19,064 | $1.4M | 0.15% |
| 108 | DIGITAL RLTY TR INC | 253868103 | 8,089 | $1.4M | 0.14% |
| 109 | CATERPILLAR INC | CAT | 3,451 | $1.3M | 0.14% |
| 110 | VANGUARD INDEX FDS | 922908553 | 14,891 | $1.3M | 0.14% |
| 111 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 17,841 | $1.3M | 0.13% |
| 112 | SPDR S&P 500 ETF TR | SPY | 2,051 | $1.3M | 0.13% |
| 113 | MERCK & CO INC | MRK | 15,848 | $1.3M | 0.13% |
| 114 | ISHARES TR | 464287523 | 5,211 | $1.2M | 0.13% |
| 115 | BROADCOM INC | AVGO | 4,384 | $1.2M | 0.12% |
| 116 | SPDR GOLD TR | GLD | 3,751 | $1.1M | 0.12% |
| 117 | WELLS FARGO CO NEW | 949746101 | 14,105 | $1.1M | 0.12% |
| 118 | EMERSON ELEC CO | EMR | 8,442 | $1.1M | 0.11% |
| 119 | SELECT SECTOR SPDR TR | 81369Y886 | 13,330 | $1.1M | 0.11% |
| 120 | ISHARES TR | 464288513 | 12,637 | $1.0M | 0.10% |
| 121 | VANGUARD SPECIALIZED FUNDS | 921908844 | 4,844 | $991,459 | 0.10% |
| 122 | ISHARES TR | 464288687 | 32,034 | $982,809 | 0.10% |
| 123 | COCA COLA CO | KO | 13,502 | $955,237 | 0.10% |
| 124 | ARISTA NETWORKS INC | ANET | 9,260 | $947,391 | 0.10% |
| 125 | SPDR SERIES TRUST | 78464A359 | 10,794 | $892,259 | 0.09% |
| 126 | MICROCHIP TECHNOLOGY INC. | MCHPP | 12,521 | $881,103 | 0.09% |
| 127 | AMERICAN CENTY ETF TR | 025072604 | 12,605 | $863,947 | 0.09% |
| 128 | VANGUARD WORLD FD | 92204A702 | 1,269 | $841,703 | 0.09% |
| 129 | ISHARES TR | 464287614 | 1,924 | $816,892 | 0.08% |
| 130 | KIMBERLY-CLARK CORP | KMB | 6,294 | $811,484 | 0.08% |
| 131 | SELECT SECTOR SPDR TR | 81369Y506 | 9,263 | $785,596 | 0.08% |
| 132 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $728,800 | 0.07% |
| 133 | COLUMBIA ETF TR II | 19762B202 | 21,058 | $719,763 | 0.07% |
| 134 | ISHARES INC | 464286772 | 9,897 | $710,408 | 0.07% |
| 135 | GE AEROSPACE | 369604301 | 2,732 | $703,240 | 0.07% |
| 136 | ISHARES INC | 46434G764 | 10,665 | $673,389 | 0.07% |
| 137 | PFIZER INC | PFE | 27,400 | $664,169 | 0.07% |
| 138 | VERIZON COMMUNICATIONS INC | VZ | 15,183 | $656,951 | 0.07% |
| 139 | SL GREEN RLTY CORP | 78440X887 | 10,434 | $645,868 | 0.07% |
| 140 | CONSTELLATION ENERGY CORP | CEG | 1,956 | $631,319 | 0.06% |
| 141 | KIMCO RLTY CORP | 49446R109 | 29,767 | $625,698 | 0.06% |
| 142 | PALANTIR TECHNOLOGIES INC | PLTR | 4,387 | $598,036 | 0.06% |
| 143 | SYSCO CORP | SYY | 7,894 | $597,862 | 0.06% |
| 144 | PHILIP MORRIS INTL INC | 718172109 | 3,224 | $587,188 | 0.06% |
| 145 | KLA CORP | KLAC | 629 | $563,421 | 0.06% |
| 146 | LAM RESEARCH CORP | LRCX | 5,662 | $551,140 | 0.06% |
| 147 | SALESFORCE INC | CRM | 1,936 | $528,027 | 0.05% |
| 148 | AT&T INC | T-PC | 18,043 | $522,158 | 0.05% |
| 149 | VANGUARD INDEX FDS | 922908363 | 907 | $515,274 | 0.05% |
| 150 | XYLEM INC | XYL | 3,901 | $504,583 | 0.05% |
| 151 | SCHWAB CHARLES CORP | SCHW-PJ | 5,431 | $495,529 | 0.05% |
| 152 | ISHARES TR | 464287465 | 5,204 | $465,200 | 0.05% |
| 153 | INTUIT | INTU | 585 | $460,764 | 0.05% |
| 154 | STARBUCKS CORP | SBUX | 4,993 | $457,554 | 0.05% |
| 155 | D R HORTON INC | 23331A109 | 3,354 | $432,350 | 0.04% |
| 156 | APPLIED MATLS INC | 038222105 | 2,306 | $422,160 | 0.04% |
| 157 | GRAINGER W W INC | 384802104 | 404 | $420,257 | 0.04% |
| 158 | SCHWAB STRATEGIC TR | 808524102 | 17,303 | $412,338 | 0.04% |
| 159 | VANECK ETF TRUST | 92189F692 | 4,516 | $397,228 | 0.04% |
| 160 | VANGUARD INTL EQUITY INDEX F | 922042858 | 8,002 | $395,803 | 0.04% |
| 161 | AUTOMATIC DATA PROCESSING IN | ADP | 1,276 | $393,519 | 0.04% |
| 162 | COMCAST CORP NEW | CCZ | 10,324 | $368,479 | 0.04% |
| 163 | REGENCY CTRS CORP | 758849103 | 5,039 | $358,897 | 0.04% |
| 164 | L3HARRIS TECHNOLOGIES INC | LHX | 1,423 | $356,946 | 0.04% |
| 165 | FLAGSTAR FINANCIAL INC | FLG-PU | 9,200 | $353,832 | 0.04% |
| 166 | LINCOLN ELEC HLDGS INC | 533900106 | 1,686 | $349,521 | 0.04% |
| 167 | 3M CO | MMM | 2,175 | $331,084 | 0.03% |
| 168 | ILLUMINA INC | ILMN | 3,298 | $314,663 | 0.03% |
| 169 | MARRIOTT INTL INC NEW | 571903202 | 1,125 | $307,362 | 0.03% |
| 170 | MONDELEZ INTL INC | 609207105 | 4,329 | $291,948 | 0.03% |
| 171 | HUBBELL INC | HUBB | 699 | $285,479 | 0.03% |
| 172 | RELIANCE INC | RS | 900 | $282,510 | 0.03% |
| 173 | TARGET CORP | TGT | 2,841 | $280,265 | 0.03% |
| 174 | BOEING CO | BA-PA | 1,309 | $274,297 | 0.03% |
| 175 | BLACKROCK INC | BLK | 258 | $270,707 | 0.03% |
| 176 | ECOLAB INC | ECL | 994 | $267,750 | 0.03% |
| 177 | SCHWAB STRATEGIC TR | 808524300 | 9,054 | $264,468 | 0.03% |
| 178 | CAMPING WORLD HLDGS INC | CWH | 15,000 | $257,850 | 0.03% |
| 179 | LENNAR CORP | LEN-B | 2,310 | $255,459 | 0.03% |
| 180 | VANGUARD INDEX FDS | 922908744 | 1,439 | $254,362 | 0.03% |
| 181 | SPDR INDEX SHS FDS | 78463X889 | 6,274 | $254,054 | 0.03% |
| 182 | REGENERON PHARMACEUTICALS | REGN | 482 | $253,050 | 0.03% |
| 183 | SELECT SECTOR SPDR TR | 81369Y704 | 1,697 | $250,342 | 0.03% |
| 184 | AGILENT TECHNOLOGIES INC | A | 2,117 | $249,809 | 0.03% |
| 185 | EXELON CORP | EXC | 5,687 | $246,930 | 0.03% |
| 186 | WEYERHAEUSER CO MTN BE | WY | 9,551 | $245,378 | 0.02% |
| 187 | ALEXANDER & BALDWIN INC NEW | 014491104 | 13,664 | $243,623 | 0.02% |
| 188 | AMERICAN HOMES 4 RENT | AMH-PG | 6,529 | $235,510 | 0.02% |
| 189 | ISHARES GOLD TR | IAU | 3,751 | $233,913 | 0.02% |
| 190 | TEXAS INSTRS INC | 882508104 | 1,076 | $223,400 | 0.02% |
| 191 | VERALTO CORP | VLTO | 2,200 | $222,090 | 0.02% |
| 192 | BRANDYWINE RLTY TR | 105368203 | 49,664 | $213,057 | 0.02% |
| 193 | SELECT SECTOR SPDR TR | 81369Y803 | 829 | $209,928 | 0.02% |
| 194 | ISHARES TR | 464287622 | 612 | $207,817 | 0.02% |
| 195 | MICRON TECHNOLOGY INC | MU | 1,684 | $207,553 | 0.02% |
| 196 | STRYKER CORPORATION | SYK | 508 | $200,981 | 0.02% |