Telos Capital Management, Inc.
SEC Form 13F institutional filer · CIK 0001567889
13F-HR · 144 reported holdings · 2026-03-31
Telos Capital Management, Inc. is a registered investment advisor.
Reported long-US-equity value
$0.90B
Top-10 concentration
32.5%
Telos Capital Management, Inc. — $899M AUM allocation strategy
Telos Capital Management, Inc. files SEC Form 13F and reports $899M of long US equity value across 144 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 10.6%, followed by Financials 9.8% and Consumer Staples 6.0%.
The top 10 holdings account for 33% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Telos Capital Management, Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$899M
total across 144 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
33% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$XLE +78.9K sh · +$5.13M+$NFLX +59.3K sh · +$5.82M+$NOW +45.6K sh · +$2.29M
Biggest trims (shares)
−$TROW −43.1K sh · −$4.67M−$ORCL −39.7K sh · −$7.9M−$SPGI −18.6K sh · −$3.94M
Exited to nil (held last quarter, gone now)
$PYPL ($5.89M last qtr)$XLF ($3.37M last qtr)$ADBE ($274K last qtr)$BAC ($237K last qtr)$LEN ($233K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Technology Hardware, Storage & Peripherals6.4%—
- Interactive Media & Services4.6%—
- Semiconductors2.7%—
- Soft Drinks & Non-alcoholic Beverages2.5%—
- Investment Banking & Brokerage2.4%—
- Integrated Oil & Gas2.4%—
- Home Improvement Retail2.3%—
- Oil & Gas Exploration & Production2.2%—
- Other holdings74.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 225K | $57.1M | -633 | 6.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 88.7K | $25.5M | -16.7K | 2.8% |
| $QCOM | QUALCOMM Incorporated | 191K | $24.6M | +1.73K | 2.7% |
| $PEP | PepsiCo Inc | 147K | $22.8M | +669 | 2.5% |
| $MS | Morgan Stanley | 131K | $21.5M | -2.27K | 2.4% |
| $CVX | Chevron Corporation | 103K | $21.3M | -4.95K | 2.4% |
| $HD | Home Depot Inc | 63.1K | $20.8M | +1.38K | 2.3% |
| $EOG | EOG Resources Inc | 139K | $20.1M | +2.35K | 2.2% |
…and 136 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.