Telos Capital Management, Inc.
Telos Capital Management, Inc. is a San Diego-based asset management firm registered with the SEC, serving institutional and high-net-worth clients. The firm manages close to $1 billion in equity assets and reports quarterly holdings per SEC requirements. Employee count is estimated to be in the single digits, with professionals focusing on portfolio management and client servicing. Telos has a longstanding presence in the California investment community and operates out of its La Jolla Village office.
Investment Strategy
Telos Capital Management uses a disciplined, research-driven approach to portfolio management, focusing primarily on US and international equities. The firm holds diverse positions in large-cap technology, financial, and industrial stocks such as Apple (AAPL), Vanguard Total Stock Market (VTI), Qualcomm (QCOM), and Vanguard FTSE All-World ex-US (VEU). Their strategy emphasizes asset allocation, risk management, and customization for client-specific objectives.
Top Holdings
Equity Positions (195)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 4.80% | $47.1M | 229,806 | $47.15 | $205.17 | -$3.4M |
V VTI | VANGUARD INDEX FDS | 4.06% | $39.9M | 131,309 | $144.12 | $303.93 | +$5.5M |
Q QCOM | QUALCOMM INC | 3.10% | $30.5M | 191,248 | $74.57 | $159.26 | +$470.4K |
V VEU | VANGUARD INTL EQUITY INDEX F | 2.32% | $22.8M | 338,827 | $51.77 | $67.22 | +$3.2M |
H HD | HOME DEPOT INC | 2.15% | $21.1M | 57,609 | $297.23 | $366.64 | -$17.9K |
Industry Allocation
Team (4)
| Name | Role | Location | |
|---|---|---|---|
A Andy Weld | Portfolio Manager | San Diego, CA , United States | |
B Bruce Sherman | Senior Vice President, Portfolio Management | La Mesa, CA , United States | |
 | Senior Vice President, Financial Advisor | Ventura, CA , United States | |
 | Vice President, Financial Advisor, Retirement Planner | San Diego, CA , United States |