Telos Capital Management Inc's Q3 2024 13F: 9 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Oct 21, 2024 · 196 reported positions · accession 0001567889-24-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | PAYPAL HLDGS INC (PYPL) | — | 0.6% | +0.6 pts | +77,880 sh | new |
| Reduced | CISCO SYS INC (CSCO) | 1.3% | 0.7% | −0.5 pts | −108K sh | −45% |
| New |
AMENTUM HOLDINGS INC (AMTM)
new — newly listed security (e.g. spin-off)
|
— | 0.3% | +0.3 pts | +88,292 sh | new |
| New | ACCENTURE PLC IRELAND (ACN) | — | 0.3% | +0.3 pts | +7,381 sh | new |
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 1.4% | 1.3% | −0.1 pts | −3,460 sh | −11% |
| Reduced | HOME DEPOT INC (HD) | 2.3% | 2.5% | +0.2 pts | −2,081 sh | −3% |
| Reduced | FEDEX CORP (FDX) | 0.7% | 0.5% | −0.2 pts | −2,899 sh | −13% |
| Reduced | SOUTHERN CO (SO) | 0.6% | 0.6% | 0.0 pts | −8,426 sh | −11% |
| Reduced | QUALCOMM INC (QCOM) | 4.8% | 3.8% | −1.0 pts | −3,684 sh | −2% |
| Increased | VISA INC (V) | 1.8% | 1.8% | +0.1 pts | +2,234 sh | +4% |
| Increased | ASML HOLDING N V (ASML) | 1.0% | 0.8% | −0.2 pts | +685 sh | +8% |
| Increased | SPDR S&P 500 ETF TR (SPY) | 0.0% | 0.1% | +0.1 pts | +961 sh | +128% |
| Reduced | ISHARES TR (IVV) | 1.1% | 1.1% | −0.1 pts | −918 sh | −5% |
| Reduced | SCHWAB CHARLES CORP (SCHW) | 0.1% | 0.1% | −0.1 pts | −8,126 sh | −47% |
| New | CROWDSTRIKE HLDGS INC (CRWD) | — | 0.1% | +0.1 pts | +1,800 sh | new |
| New | PHILIP MORRIS INTL INC (PM) | — | 0.1% | +0.1 pts | +3,944 sh | new |
| Reduced | MASTERCARD INCORPORATED (MA) | 1.3% | 1.3% | 0.0 pts | −895 sh | −3% |
| Reduced | REALTY INCOME CORP (O) | 0.6% | 0.6% | 0.0 pts | −6,827 sh | −7% |
| Exited | DOCUSIGN INC (DOCU) | 0.0% | — | 0.0 pts | −7,622 sh | −100% |
| Increased | VANGUARD TAX-MANAGED FDS (VEA) | 1.7% | 1.7% | +0.1 pts | +7,491 sh | +2% |
| Increased | EOG RES INC (EOG) | 0.8% | 0.8% | 0.0 pts | +3,214 sh | +6% |
| Increased | APPLE INC (AAPL) | 5.4% | 5.7% | +0.3 pts | +1,678 sh | +1% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 2.1% | 2.0% | −0.1 pts | −2,250 sh | −2% |
| Reduced | ENBRIDGE INC (ENB) | 0.6% | 0.6% | 0.0 pts | −9,494 sh | −6% |
| Increased | PHILLIPS 66 (PSX) | 0.7% | 0.7% | 0.0 pts | +2,810 sh | +6% |
| Reduced | CARRIER GLOBAL CORPORATION (CARR) | 0.8% | 0.9% | +0.1 pts | −4,365 sh | −4% |
| Reduced | CHEVRON CORP NEW (CVX) | 1.8% | 1.5% | −0.2 pts | −2,385 sh | −2% |
| New | ISHARES TR (IWB) | — | 0.0% | 0.0 pts | +1,059 sh | new |
| Increased | NXP SEMICONDUCTORS N V (NXPI) | 1.6% | 1.3% | −0.2 pts | +1,237 sh | +2% |
| Increased | VANGUARD INDEX FDS (VTI) | 3.7% | 3.7% | 0.0 pts | +1,008 sh | +1% |
| Increased | ISHARES TR (IWF) | 0.0% | 0.1% | 0.0 pts | +750 sh | +68% |
| Increased | TRAVELERS COMPANIES INC (TRV) | 1.2% | 1.3% | +0.1 pts | +1,194 sh | +2% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 0.9% | 0.9% | 0.0 pts | −1,721 sh | −3% |
| Exited | INTEL CORP (INTC) | 0.0% | — | 0.0 pts | −7,795 sh | −100% |
| Exited | BOEING CO (BA) | 0.0% | — | 0.0 pts | −1,312 sh | −100% |
| Increased | ROCKWELL AUTOMATION INC (ROK) | 0.6% | 0.6% | 0.0 pts | +933 sh | +5% |
| New | VANGUARD INDEX FDS (VO) | — | 0.0% | 0.0 pts | +946 sh | new |
| Increased | MORGAN STANLEY (MS) | 1.6% | 1.7% | +0.1 pts | +2,373 sh | +2% |
| Increased | VANGUARD INTL EQUITY INDEX F (VEU) | 1.9% | 2.0% | +0.1 pts | +3,796 sh | +1% |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 0.1% | 0.0% | 0.0 pts | −5,239 sh | −34% |
| New | ISHARES GOLD TR (IAU) | — | 0.0% | 0.0 pts | +4,559 sh | new |
| New | LENNAR CORP (LENB) | — | 0.0% | 0.0 pts | +1,300 sh | new |
| Increased | PEPSICO INC (PEP) | 2.2% | 2.2% | 0.0 pts | +1,291 sh | +1% |
| Increased | MEDTRONIC PLC (MDT) | 1.1% | 1.2% | +0.1 pts | +2,402 sh | +2% |
| Increased | DISNEY WALT CO (DIS) | 0.8% | 0.7% | 0.0 pts | +2,128 sh | +3% |
| New | FIRST INTST BANCSYSTEM INC (FIBK) | — | 0.0% | 0.0 pts | +6,563 sh | new |
| Reduced | WELLS FARGO CO NEW (WFC) | 0.1% | 0.1% | 0.0 pts | −3,440 sh | −18% |
| Increased | AMAZON COM INC (AMZN) | 2.0% | 1.8% | −0.2 pts | +998 sh | +1% |
| Reduced | PALO ALTO NETWORKS INC (PANW) | 1.1% | 1.0% | −0.1 pts | −531 sh | −2% |
| Increased | JACOBS SOLUTIONS INC (J) | 1.3% | 1.2% | −0.1 pts | +1,385 sh | +2% |
The 50 largest of 190 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 27.6% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 5.4% | 5.7% | |
| 2 | QUALCOMM INC (QCOM) | 4.8% | 3.8% | |
| 3 | VANGUARD INDEX FDS (VTI) | 3.7% | 3.7% | |
| 4 | HOME DEPOT INC (HD) | 2.3% | 2.5% | |
| 5 | PEPSICO INC (PEP) | 2.2% | 2.2% | |
| 6 | PROCTER AND GAMBLE CO (PG) | 2.1% | 2.0% | |
| 7 | VANGUARD INTL EQUITY INDEX F (VEU) | 1.9% | 2.0% | |
| 8 | ALPHABET INC (GOOGL) | 2.2% | 1.9% | |
| 9 | AMAZON COM INC (AMZN) | 2.0% | 1.8% | |
| 10 | VISA INC (V) | 1.8% | 1.8% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).