Latest Telos Capital Management, Inc. Stock Portfolio

Telos Capital Management, Inc. Performance:

2025 Q4: -2.89%YTD: 7.36%2024: 8.27%

Performance for 2025 Q4 is -2.89%, and YTD is 7.36%, and 2024 is 8.27%.

About Telos Capital Management, Inc. and 13F Hedge Fund Stock Holdings

Telos Capital Management, Inc. is a hedge fund based in SAN DIEGO, CA. On 22-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.1 Billions. In it's latest 13F Holdings report, Telos Capital Management, Inc. reported an equity portfolio of $1.1 Billions as of 31 Dec, 2025.

The top stock holdings of Telos Capital Management, Inc. are AAPL, VB, GOOG. The fund has invested 5.7% of it's portfolio in APPLE INC and 3.9% of portfolio in VANGUARD INDEX FDS.

The fund managers got completely rid off BERKSHIRE HATHAWAY INC DEL, ALNYLAM PHARMACEUTICALS INC (ALNY) and CONAGRA BRANDS INC (CAG) stocks. They significantly reduced their stock positions in VANGUARD SPECIALIZED FUNDS (VIG), UNITED PARCEL SERVICE INC (UPS) and MARRIOTT INTL INC NEW (MAR). Telos Capital Management, Inc. opened new stock positions in NIKE INC (NKE), SELECT SECTOR SPDR TR (XLB) and SCHWAB STRATEGIC TR (FNDA). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), SERVICENOW INC (NOW) and AMERICAN CENTY ETF TR (AEMB).

Telos Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Telos Capital Management, Inc. made a return of -2.89% in the last quarter. In trailing 12 months, it's portfolio return was 7.36%.

Performance
S&P 500

New Buys

Ticker	$ Bought
nike inc	2,242,460
select sector spdr tr	824,574
schwab strategic tr	268,444
bank america corp	236,940
stryker corporation	231,268
texas instrs inc	224,497
consolidated edison inc	218,504
vanguard index fds	201,975

New stocks bought by Telos Capital Management, Inc.

Additions

Ticker	% Inc.
netflix inc	964
servicenow inc	706
american centy etf tr	480
schwab strategic tr	190
select sector spdr tr	154
eog res inc	100
select sector spdr tr	91.59
select sector spdr tr	89.81

Additions to existing portfolio by Telos Capital Management, Inc.

Reductions

Ticker	% Reduced
vanguard specialized funds	-41.61
united parcel service inc	-25.77
marriott intl inc new	-25.07
jacobs solutions inc	-17.06
asml holding n v	-15.59
automatic data processing in	-14.6
te connectivity plc	-14.01
exxon mobil corp	-12.4

Telos Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
conagra brands inc	-183,110
flagstar financial inc	-366,712
veralto corp	-234,542
alnylam pharmaceuticals inc	-220,248
ge vernova inc	-262,563
berkshire hathaway inc del	-754,200

Telos Capital Management, Inc. got rid off the above stocks

Sector Distribution

Telos Capital Management, Inc. has about 25.9% of it's holdings in Others sector.

Sector	%
Others	25.9
Technology	16.7
Financial Services	12
Industrials	8.8
Healthcare	8.5
Communication Services	6.8
Consumer Cyclical	6.4
Consumer Defensive	5.4
Energy	4.5
Real Estate	2.4
Utilities	2

Market Cap. Distribution

Telos Capital Management, Inc. has about 73.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	40.5
MEGA-CAP	32.8
UNALLOCATED	25.9

Stocks belong to which Index?

About 72.4% of the stocks held by Telos Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	72.4
Others	27.4

Top 5 Winners (%)		%
MU	micron technology inc	70.6 %
LLY	eli lilly & co	39.6 %
ILMN	illumina inc	37.3 %
REGN	regeneron pharmaceuticals	37.2 %
AMD	advanced micro devices inc	31.9 %

Top 5 Winners ($)		$
GOOG	alphabet inc	7.6 M
GOOG	alphabet inc	4.1 M
AAPL	apple inc	3.9 M
MS	morgan stanley	2.5 M
IQV	iqvia hldgs inc	1.6 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
NOW	servicenow inc	-73.8 %
XLB	select sector spdr tr	-44.3 %
XLB	select sector spdr tr	-43.2 %
ARE	alexandria real estate eq in	-40.7 %

Top 5 Losers ($)		$
NFLX	netflix inc	-28.7 M
NOW	servicenow inc	-22.0 M
HD	home depot inc	-3.7 M
ORCL	oracle corp	-3.7 M
PANW	palo alto networks inc	-1.5 M

Telos Capital Management, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Telos Capital Management, Inc.

Telos Capital Management, Inc. has 195 stocks in it's portfolio. About 28.3% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Telos Capital Management, Inc. last quarter.

Last Reported on: 22 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.03	2,053	279,330	reduced	-1.96

AAPL	apple inc	5.72	225,706	61,360,600	reduced	-1.78

AAXJ	ishares tr	0.40	59,752	4,266,880	reduced	-3.61

AAXJ	ishares tr	0.09	12,373	997,609	reduced	-0.68

AAXJ	ishares tr	0.09	31,915	988,099	added	1.19

ABBV	abbvie inc	0.41	19,090	4,361,880	reduced	-1.29

ABT	abbott labs	0.35	29,868	3,742,160	reduced	-1.99

ADP	automatic data processing in	0.02	994	255,687	reduced	-14.6

AEMB	american centy etf tr	1.11	126,410	11,878,700	reduced	-0.21

AEMB	american centy etf tr	0.53	74,335	5,725,280	added	480

AEMB	american centy etf tr	0.43	45,528	4,642,950	added	3.52

AEP	american elec pwr co inc	0.65	60,807	7,011,690	added	0.08

AFK	vaneck etf trust	0.36	10,834	3,901,650	added	0.94

AFK	vaneck etf trust	0.06	6,257	645,535	added	0.24

AFL	aflac inc	0.17	16,477	1,816,920	added	6.05

AGZD	wisdomtree tr	0.02	3,015	244,246	reduced	-2.58

ALEX	alexander & baldwin inc new	0.03	13,259	273,658	added	0.01

ALNY	alnylam pharmaceuticals inc	0.00	0.00	0.00	sold off	-100

AMAT	applied matls inc	0.05	2,029	521,433	reduced	-11.55

AMD	advanced micro devices inc	0.03	1,270	271,984	reduced	-3.05