13F HOLDINGS REPORT
Telos Capital Management, Inc.
Quarter ended Q3 2025 · Filed November 4, 2025 · Accession 0001567889-25-000005
Total Value
$1.04B
Positions
194
Other Managers
0
Confidential Omitted
No
Holdings (194)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 229,786 | $58.5M | 5.61% |
| 2 | VANGUARD INDEX FDS | 922908769 | 125,530 | $41.2M | 3.95% |
| 3 | QUALCOMM INC | QCOM | 189,192 | $31.5M | 3.02% |
| 4 | ALPHABET INC | GOOG | 111,771 | $27.2M | 2.60% |
| 5 | VANGUARD INTL EQUITY INDEX F | 922042775 | 347,085 | $24.8M | 2.37% |
| 6 | HOME DEPOT INC | HD | 59,446 | $24.1M | 2.31% |
| 7 | MORGAN STANLEY | MS-PQ | 141,233 | $22.5M | 2.15% |
| 8 | JPMORGAN CHASE & CO. | VYLD | 66,288 | $20.9M | 2.00% |
| 9 | AMAZON COM INC | AMZN | 94,442 | $20.7M | 1.99% |
| 10 | VISA INC | V | 60,210 | $20.6M | 1.97% |
| 11 | PEPSICO INC | PEP | 142,128 | $20.0M | 1.91% |
| 12 | VANGUARD TAX-MANAGED FDS | 921943858 | 315,089 | $18.9M | 1.81% |
| 13 | NORTHROP GRUMMAN CORP | NOC | 29,913 | $18.2M | 1.75% |
| 14 | PROCTER AND GAMBLE CO | 742718109 | 113,942 | $17.5M | 1.68% |
| 15 | CHEVRON CORP NEW | CVX | 107,568 | $16.7M | 1.60% |
| 16 | PALO ALTO NETWORKS INC | PANW | 78,760 | $16.0M | 1.54% |
| 17 | MICROSOFT CORP | MSFT | 29,946 | $15.5M | 1.49% |
| 18 | ALPHABET INC | GOOG | 59,928 | $14.6M | 1.40% |
| 19 | TRAVELERS COMPANIES INC | TRV | 51,870 | $14.5M | 1.39% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 27,641 | $13.9M | 1.33% |
| 21 | JACOBS SOLUTIONS INC | J | 91,848 | $13.8M | 1.32% |
| 22 | MASTERCARD INCORPORATED | MA | 24,127 | $13.7M | 1.31% |
| 23 | INVESCO QQQ TR | IVZ | 22,316 | $13.4M | 1.28% |
| 24 | ISHARES TR | 464287200 | 19,880 | $13.3M | 1.27% |
| 25 | ISHARES TR | 464287507 | 180,097 | $11.8M | 1.13% |
| 26 | ORACLE CORP | ORCL-PD | 41,722 | $11.7M | 1.12% |
| 27 | NXP SEMICONDUCTORS N V | NXPI | 51,464 | $11.7M | 1.12% |
| 28 | AMERICAN CENTY ETF TR | 025072802 | 126,677 | $11.3M | 1.08% |
| 29 | CARRIER GLOBAL CORPORATION | CARR | 181,931 | $10.9M | 1.04% |
| 30 | COSTCO WHSL CORP NEW | 22160K105 | 11,708 | $10.8M | 1.04% |
| 31 | ASML HOLDING N V | ASMLF | 10,850 | $10.5M | 1.01% |
| 32 | TE CONNECTIVITY PLC | TEL | 46,804 | $10.3M | 0.98% |
| 33 | GOLDMAN SACHS GROUP INC | GSCE | 12,135 | $9.7M | 0.93% |
| 34 | DANAHER CORPORATION | 235851102 | 48,632 | $9.6M | 0.92% |
| 35 | HONEYWELL INTL INC | 438516106 | 43,758 | $9.2M | 0.88% |
| 36 | JOHNSON & JOHNSON | JNJ | 49,129 | $9.1M | 0.87% |
| 37 | RTX CORPORATION | RTX | 53,584 | $9.0M | 0.86% |
| 38 | REPUBLIC SVCS INC | 760759100 | 38,123 | $8.7M | 0.84% |
| 39 | DISNEY WALT CO | 254687106 | 75,098 | $8.6M | 0.82% |
| 40 | CISCO SYS INC | CSCO | 125,593 | $8.6M | 0.82% |
| 41 | RESMED INC | RSMDF | 31,382 | $8.6M | 0.82% |
| 42 | IQVIA HLDGS INC | IQV | 44,091 | $8.4M | 0.80% |
| 43 | VERTEX PHARMACEUTICALS INC | VRTX | 21,188 | $8.3M | 0.80% |
| 44 | META PLATFORMS INC | META | 11,261 | $8.3M | 0.79% |
| 45 | VANGUARD SCOTTSDALE FDS | 92206C409 | 100,445 | $8.0M | 0.77% |
| 46 | WILLIAMS SONOMA INC | WSM | 40,630 | $7.9M | 0.76% |
| 47 | AMGEN INC | AMGN | 27,822 | $7.9M | 0.75% |
| 48 | PHILLIPS 66 | PSX | 56,368 | $7.7M | 0.73% |
| 49 | EOG RES INC | EOG | 68,304 | $7.7M | 0.73% |
| 50 | CBRE GROUP INC | CBRE | 48,195 | $7.6M | 0.73% |
| 51 | PNC FINL SVCS GROUP INC | 693475105 | 36,219 | $7.3M | 0.70% |
| 52 | ENBRIDGE INC | ENNPF | 143,262 | $7.2M | 0.69% |
| 53 | NVIDIA CORPORATION | NVDA | 38,358 | $7.2M | 0.69% |
| 54 | AIR PRODS & CHEMS INC | AIIR | 26,148 | $7.1M | 0.68% |
| 55 | ROCKWELL AUTOMATION INC | ROK | 20,230 | $7.1M | 0.68% |
| 56 | LOCKHEED MARTIN CORP | LMT | 14,128 | $7.1M | 0.68% |
| 57 | PAYPAL HLDGS INC | PYPL | 104,573 | $7.0M | 0.67% |
| 58 | NEXTERA ENERGY INC | NEE-PW | 91,623 | $6.9M | 0.66% |
| 59 | AMERICAN ELEC PWR CO INC | 025537101 | 60,758 | $6.8M | 0.65% |
| 60 | PRICE T ROWE GROUP INC | TROW | 66,475 | $6.8M | 0.65% |
| 61 | SOUTHERN CO | SOMN | 70,341 | $6.7M | 0.64% |
| 62 | ISHARES TR | 464287804 | 55,878 | $6.6M | 0.64% |
| 63 | MEDTRONIC PLC | MDT | 67,728 | $6.5M | 0.62% |
| 64 | WALMART INC | WMT | 62,429 | $6.4M | 0.62% |
| 65 | VANGUARD SCOTTSDALE FDS | 92206C870 | 76,470 | $6.4M | 0.62% |
| 66 | ISHARES TR | 46432F842 | 72,881 | $6.4M | 0.61% |
| 67 | VANGUARD WHITEHALL FDS | 921946406 | 45,076 | $6.4M | 0.61% |
| 68 | MCDONALDS CORP | MCD | 20,727 | $6.3M | 0.60% |
| 69 | REALTY INCOME CORP | O | 101,673 | $6.2M | 0.59% |
| 70 | SERVICENOW INC | NOW | 6,320 | $5.8M | 0.56% |
| 71 | GENUINE PARTS CO | GPC | 41,909 | $5.8M | 0.56% |
| 72 | EDWARDS LIFESCIENCES CORP | EW | 72,085 | $5.6M | 0.54% |
| 73 | NETFLIX INC | NFLX | 4,460 | $5.3M | 0.51% |
| 74 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 115,720 | $5.2M | 0.50% |
| 75 | AMENTUM HOLDINGS INC | AMTM | 189,859 | $4.5M | 0.44% |
| 76 | ABBVIE INC | ABBV | 19,340 | $4.5M | 0.43% |
| 77 | AMERICAN CENTY ETF TR | 025072877 | 43,978 | $4.4M | 0.42% |
| 78 | ISHARES TR | 464288877 | 61,989 | $4.2M | 0.40% |
| 79 | ABBOTT LABS | ABLZF | 30,475 | $4.1M | 0.39% |
| 80 | ISHARES TR | 464287408 | 18,742 | $3.9M | 0.37% |
| 81 | INVESCO EXCHANGE TRADED FD T | IVZ | 20,177 | $3.8M | 0.37% |
| 82 | WASTE MGMT INC DEL | 94106L109 | 17,007 | $3.8M | 0.36% |
| 83 | VANECK ETF TRUST | 92189F676 | 10,733 | $3.5M | 0.34% |
| 84 | NOVARTIS AG | NVSEF | 26,672 | $3.4M | 0.33% |
| 85 | SELECT SECTOR SPDR TR | 81369Y605 | 59,757 | $3.2M | 0.31% |
| 86 | EXXON MOBIL CORP | XOM | 27,267 | $3.1M | 0.29% |
| 87 | VANGUARD INDEX FDS | 922908652 | 14,434 | $3.0M | 0.29% |
| 88 | ISHARES TR | 464287473 | 18,557 | $2.6M | 0.25% |
| 89 | TESLA INC | TSLA | 5,660 | $2.5M | 0.24% |
| 90 | VANGUARD INDEX FDS | 922908611 | 11,617 | $2.4M | 0.23% |
| 91 | INTERNATIONAL BUSINESS MACHS | INTR | 8,223 | $2.3M | 0.22% |
| 92 | SPDR S&P 500 ETF TR | SPY | 3,091 | $2.1M | 0.20% |
| 93 | UNION PAC CORP | UNP | 8,399 | $2.0M | 0.19% |
| 94 | UNITED PARCEL SERVICE INC | UPS | 22,765 | $1.9M | 0.18% |
| 95 | ELI LILLY & CO | LLY | 2,485 | $1.9M | 0.18% |
| 96 | PROLOGIS INC. | PLDGP | 15,480 | $1.8M | 0.17% |
| 97 | AFLAC INC | AFL | 15,537 | $1.7M | 0.17% |
| 98 | MID-AMER APT CMNTYS INC | 59522J103 | 12,085 | $1.7M | 0.16% |
| 99 | CROWDSTRIKE HLDGS INC | CRWD | 3,337 | $1.6M | 0.16% |
| 100 | ISHARES TR | 464287556 | 10,801 | $1.6M | 0.15% |
| 101 | DEERE & CO | DE | 3,403 | $1.6M | 0.15% |
| 102 | CATERPILLAR INC | CAT | 3,250 | $1.6M | 0.15% |
| 103 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 18,600 | $1.6M | 0.15% |
| 104 | CAMDEN PPTY TR | 133131102 | 13,589 | $1.5M | 0.14% |
| 105 | DIGITAL RLTY TR INC | 253868103 | 8,389 | $1.5M | 0.14% |
| 106 | SPDR SERIES TRUST | 78464A805 | 17,970 | $1.4M | 0.14% |
| 107 | UDR INC | UDR | 38,102 | $1.4M | 0.14% |
| 108 | BROADCOM INC | AVGO | 4,047 | $1.3M | 0.13% |
| 109 | VANGUARD SPECIALIZED FUNDS | 921908844 | 6,140 | $1.3M | 0.13% |
| 110 | ARISTA NETWORKS INC | ANET | 9,040 | $1.3M | 0.13% |
| 111 | MERCK & CO INC | MRK | 15,683 | $1.3M | 0.13% |
| 112 | VANGUARD INDEX FDS | 922908553 | 14,265 | $1.3M | 0.12% |
| 113 | ISHARES TR | 464287523 | 4,779 | $1.3M | 0.12% |
| 114 | VANGUARD WORLD FD | 92204A702 | 1,614 | $1.2M | 0.12% |
| 115 | WELLS FARGO CO NEW | 949746101 | 14,056 | $1.2M | 0.11% |
| 116 | SELECT SECTOR SPDR TR | 81369Y886 | 13,245 | $1.2M | 0.11% |
| 117 | EMERSON ELEC CO | EMR | 8,446 | $1.1M | 0.11% |
| 118 | SPDR GOLD TR | GLD | 2,859 | $1.0M | 0.10% |
| 119 | ISHARES TR | 464288513 | 12,458 | $1.0M | 0.10% |
| 120 | ISHARES TR | 464288687 | 31,541 | $997,330 | 0.10% |
| 121 | AMERICAN CENTY ETF TR | 025072604 | 12,815 | $962,535 | 0.09% |
| 122 | SPDR SERIES TRUST | 78464A359 | 10,250 | $927,654 | 0.09% |
| 123 | GE AEROSPACE | 369604301 | 3,069 | $923,304 | 0.09% |
| 124 | ISHARES TR | 464287614 | 1,870 | $875,927 | 0.08% |
| 125 | SELECT SECTOR SPDR TR | 81369Y506 | 9,273 | $828,450 | 0.08% |
| 126 | COCA COLA CO | KO | 12,106 | $802,868 | 0.08% |
| 127 | MICROCHIP TECHNOLOGY INC. | MCHPP | 12,336 | $792,218 | 0.08% |
| 128 | KIMBERLY-CLARK CORP | KMB | 6,238 | $775,615 | 0.07% |
| 129 | PALANTIR TECHNOLOGIES INC | PLTR | 4,196 | $765,435 | 0.07% |
| 130 | COLUMBIA ETF TR II | 19762B202 | 20,822 | $756,464 | 0.07% |
| 131 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $754,200 | 0.07% |
| 132 | LAM RESEARCH CORP | LRCX | 5,236 | $701,101 | 0.07% |
| 133 | KIMCO RLTY CORP | 49446R109 | 31,010 | $677,564 | 0.06% |
| 134 | KLA CORP | KLAC | 628 | $677,361 | 0.06% |
| 135 | VERIZON COMMUNICATIONS INC | VZ | 15,276 | $671,373 | 0.06% |
| 136 | PFIZER INC | PFE | 26,279 | $669,584 | 0.06% |
| 137 | SL GREEN RLTY CORP | 78440X887 | 10,881 | $650,796 | 0.06% |
| 138 | ISHARES INC | 46434G764 | 9,456 | $638,375 | 0.06% |
| 139 | CONSTELLATION ENERGY CORP | CEG | 1,934 | $636,422 | 0.06% |
| 140 | SYSCO CORP | SYY | 7,585 | $624,549 | 0.06% |
| 141 | XYLEM INC | XYL | 3,833 | $565,310 | 0.05% |
| 142 | VANECK ETF TRUST | 92189F692 | 6,242 | $564,028 | 0.05% |
| 143 | D R HORTON INC | 23331A109 | 3,322 | $562,917 | 0.05% |
| 144 | VANGUARD INDEX FDS | 922908363 | 887 | $543,267 | 0.05% |
| 145 | AT&T INC | T-PC | 18,152 | $512,614 | 0.05% |
| 146 | PHILIP MORRIS INTL INC | 718172109 | 3,104 | $503,469 | 0.05% |
| 147 | STARBUCKS CORP | SBUX | 5,708 | $482,939 | 0.05% |
| 148 | ISHARES TR | 464287465 | 5,148 | $480,698 | 0.05% |
| 149 | APPLIED MATLS INC | 038222105 | 2,294 | $469,674 | 0.04% |
| 150 | SCHWAB CHARLES CORP | SCHW-PJ | 4,743 | $452,799 | 0.04% |
| 151 | L3HARRIS TECHNOLOGIES INC | LHX | 1,407 | $429,712 | 0.04% |
| 152 | VANGUARD INTL EQUITY INDEX F | 922042858 | 7,868 | $426,314 | 0.04% |
| 153 | INTUIT | INTU | 560 | $382,430 | 0.04% |
| 154 | GRAINGER W W INC | 384802104 | 400 | $381,184 | 0.04% |
| 155 | REGENCY CTRS CORP | 758849103 | 5,225 | $380,871 | 0.04% |
| 156 | SALESFORCE INC | CRM | 1,555 | $368,450 | 0.04% |
| 157 | FLAGSTAR FINANCIAL INC | FLG-PU | 9,200 | $366,712 | 0.04% |
| 158 | AUTOMATIC DATA PROCESSING IN | ADP | 1,164 | $341,634 | 0.03% |
| 159 | COMCAST CORP NEW | CCZ | 10,677 | $335,469 | 0.03% |
| 160 | LINCOLN ELEC HLDGS INC | 533900106 | 1,330 | $313,654 | 0.03% |
| 161 | BOEING CO | BA-PA | 1,452 | $313,434 | 0.03% |
| 162 | ILLUMINA INC | ILMN | 3,229 | $306,659 | 0.03% |
| 163 | HUBBELL INC | HUBB | 699 | $300,787 | 0.03% |
| 164 | BLACKROCK INC | BLK | 253 | $294,966 | 0.03% |
| 165 | MARRIOTT INTL INC NEW | 571903202 | 1,125 | $292,995 | 0.03% |
| 166 | LENNAR CORP | LEN-B | 2,298 | $289,582 | 0.03% |
| 167 | SCHWAB STRATEGIC TR | 808524300 | 8,745 | $279,064 | 0.03% |
| 168 | REGENERON PHARMACEUTICALS | REGN | 488 | $274,388 | 0.03% |
| 169 | 3M CO | MMM | 1,757 | $272,613 | 0.03% |
| 170 | MONDELEZ INTL INC | 609207105 | 4,356 | $272,120 | 0.03% |
| 171 | ISHARES GOLD TR | IAU | 3,722 | $270,850 | 0.03% |
| 172 | ECOLAB INC | ECL | 987 | $270,228 | 0.03% |
| 173 | AGILENT TECHNOLOGIES INC | A | 2,094 | $268,745 | 0.03% |
| 174 | GE VERNOVA INC | GEV | 427 | $262,563 | 0.03% |
| 175 | MICRON TECHNOLOGY INC | MU | 1,554 | $260,016 | 0.02% |
| 176 | EXELON CORP | EXC | 5,687 | $255,972 | 0.02% |
| 177 | SELECT SECTOR SPDR TR | 81369Y704 | 1,618 | $249,545 | 0.02% |
| 178 | WISDOMTREE TR | WT | 3,095 | $246,084 | 0.02% |
| 179 | SPDR INDEX SHS FDS | 78463X889 | 5,720 | $244,779 | 0.02% |
| 180 | NOVO-NORDISK A S | NONOF | 4,402 | $244,267 | 0.02% |
| 181 | VANGUARD INDEX FDS | 922908744 | 1,308 | $243,901 | 0.02% |
| 182 | ALEXANDER & BALDWIN INC NEW | 014491104 | 13,258 | $241,157 | 0.02% |
| 183 | SELECT SECTOR SPDR TR | 81369Y803 | 851 | $239,863 | 0.02% |
| 184 | WEYERHAEUSER CO MTN BE | WY | 9,624 | $238,592 | 0.02% |
| 185 | CAMPING WORLD HLDGS INC | CWH | 15,000 | $236,850 | 0.02% |
| 186 | VERALTO CORP | VLTO | 2,200 | $234,542 | 0.02% |
| 187 | SEMPRA | SREA | 2,470 | $222,251 | 0.02% |
| 188 | ALNYLAM PHARMACEUTICALS INC | ALNY | 483 | $220,248 | 0.02% |
| 189 | AMERICAN HOMES 4 RENT | AMH-PG | 6,582 | $218,860 | 0.02% |
| 190 | ADVANCED MICRO DEVICES INC | AMD | 1,310 | $211,945 | 0.02% |
| 191 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 6,563 | $209,163 | 0.02% |
| 192 | BRANDYWINE RLTY TR | 105368203 | 49,484 | $206,347 | 0.02% |
| 193 | SCHWAB STRATEGIC TR | 808524797 | 7,500 | $204,750 | 0.02% |
| 194 | CONAGRA BRANDS INC | CAG | 10,001 | $183,110 | 0.02% |