Telos Capital Management, Inc.

Name: Telos Capital Management, Inc. 13F holdings, Q3 2024
Creator: Telos Capital Management, Inc.
Published: 2024-10-21

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Telos Capital Management, Inc. reported 196 stock positions worth $952.8 million. Its top holding was Apple (AAPL) at 5.7% of the portfolio, followed by Qualcomm (QCOM, 3.8%) and VG Morningstar TS MKT ETF-US (VTI, 3.7%). Compared with Q2 2024, it opened 9 new positions, sold out of 6, added to 72 and reduced 103. The biggest buy was a new position in PayPal (PYPL) and the biggest sale Qualcomm (QCOM, shares −2%).

Most Recent 13F: Q2 2026
Location: SAN DIEGO, CA
CIK: 0001567889
Portfolio Value: $952.8M (Q3 2024)
SEC Filing: 0001567889-24-000004 ↗ filed Oct 21, 2024

Holdings Value

Holdings 196 stocks · $952.8M


AAPL Apple Inc.	5.71%	233,615	$54.4M	Add +0.7%
QCOM Qualcomm Inc.	3.84%	214,894	$36.5M	Reduce -1.7%
VTI VG Morningstar TS MKT ETF-US	3.73%	125,541	$35.5M	Add +0.8%
HD Home Depot Inc.	2.50%	58,814	$23.8M	Reduce -3.4%
PEP Pepsico Inc.	2.17%	121,814	$20.7M	Add +1.1%
PG The Procter & Gamble Co.	2.04%	112,440	$19.5M	Reduce -2.0%
VEU Vanguard Ftse All-World Ex-U	1.97%	298,399	$18.8M	Add +1.3%
GOOGL Alphabet Inc. Class A	1.94%	111,714	$18.5M	Add +0.4%
AMZN Amazon.com Inc.	1.85%	94,441	$17.6M	Add +1.1%
V Visa Inc. Class A	1.80%	62,538	$17.2M	Add +3.7%
VEA Vanguard Ftse Developed ETF	1.72%	310,166	$16.4M	Add +2.5%
MS Morgan Stanley	1.67%	152,740	$15.9M	Add +1.6%
JPM JPMorgan Chase & Co.	1.67%	75,352	$15.9M	Reduce -0.3%
NOC Northrop Grumman Corp.	1.64%	29,633	$15.6M	Reduce -0.3%
CVX Chevron Corp.	1.53%	98,801	$14.6M	Reduce -2.4%
MSFT Microsoft Corp.	1.44%	31,825	$13.7M	Reduce -0.7%
UPS United Parcel Service Class B	1.37%	95,478	$13.0M	Reduce -0.3%
NXPI NXP Semiconductors NV	1.34%	53,211	$12.8M	Add +2.4%
TRV The Travelers Cos Inc.	1.32%	53,636	$12.6M	Add +2.3%
DHR Danaher Corp.	1.31%	44,811	$12.5M	No change
MA Mastercard Inc. Class A	1.30%	25,060	$12.4M	Reduce -3.5%
BRK.B Berkshire Hathaway Inc. Class B	1.29%	26,803	$12.3M	Reduce -11.4%
J Jacobs Solutions Inc.	1.21%	88,295	$11.6M	Add +1.6%
MDT Medtronic PLC	1.17%	123,358	$11.1M	Add +2.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	1.16%	101,259	$11.0M	Reduce -0.4%
QQQ Invesco QQQ Trust Series 1	1.10%	21,530	$10.5M	Add +0.4%
IVV iShares Core S&P 500 ETF	1.08%	17,864	$10.3M	Reduce -4.9%
GOOG Alphabet Inc. Class C	1.05%	59,923	$10.0M	Add +0.2%
PANW Palo Alto Networks Inc.	1.03%	28,724	$9.8M	Reduce -1.8%
IJH iShares Core S&P Midcap ETF	1.01%	153,671	$9.6M	Reduce -0.4%
COST Costco Wholesale Corp.	1.00%	10,700	$9.5M	Reduce -0.6%
IQV Iqvia Holdings Inc.	0.96%	38,747	$9.2M	Add +1.3%
CARR Carrier Global Corp.	0.93%	110,053	$8.9M	Reduce -3.8%
ORCL Oracle Corp.	0.92%	51,549	$8.8M	Add +1.9%
JNJ Johnson & Johnson	0.91%	53,591	$8.7M	Reduce -3.1%
UNH Unitedhealth Group Inc.	0.87%	14,207	$8.3M	Reduce -0.5%
APD Air Products & Chemicals Inc.	0.87%	27,825	$8.3M	Reduce -0.5%
AMGN Amgen Inc.	0.85%	25,200	$8.1M	Reduce -1.4%
GS Goldman Sachs Group Inc.	0.84%	16,245	$8.0M	Add +0.6%
ZTS Zoetis Inc.	0.84%	40,930	$8.0M	Add +1.9%
ASML ASML Holding NV-NY Reg SHS	0.82%	9,373	$7.8M	Add +7.9%
LMT Lockheed Martin Corp.	0.80%	13,063	$7.6M	Reduce -1.1%
VRTX Vertex Pharmaceuticals Inc.	0.78%	16,022	$7.5M	Add +0.0%
RMD Resmed Inc.	0.78%	30,377	$7.4M	Add +1.6%
NEE Nextera Energy Inc.	0.77%	86,665	$7.3M	Add +0.9%
EOG EOG Resources Inc.	0.77%	59,294	$7.3M	Add +5.7%
RSG Republic Services Inc.	0.76%	36,133	$7.3M	Reduce -1.1%
CSCO Cisco Systems Inc.	0.74%	132,575	$7.1M	Reduce -44.9%
WSM Williams-Sonoma Inc.	0.73%	44,860	$6.9M	Reduce -2.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.73%	72,105	$6.9M	Add +3.0%
CBRE CBRE Group Inc. Class A	0.72%	55,435	$6.9M	Add +0.2%
RTX RTX Corp.	0.72%	56,864	$6.9M	Reduce -1.0%
PNC PNC Financial Services Group	0.71%	36,856	$6.8M	Add +0.5%
MCD McDonald's Corp.	0.71%	22,313	$6.8M	Add +1.4%
PSX Phillips 66	0.69%	50,256	$6.6M	Add +5.9%
EW Edwards Lifesciences Corp.	0.68%	98,894	$6.5M	Add +1.6%
META Meta Platforms Inc. Class A	0.68%	11,238	$6.4M	Reduce -0.2%
AEP American Electric Power	0.65%	60,794	$6.2M	Reduce -1.0%
PYPL PayPal Holdings Inc.	0.64%	77,880	$6.1M	New
SO The Southern Co.	0.63%	66,690	$6.0M	Reduce -11.2%
O Realty Income Corp.	0.63%	94,004	$6.0M	Reduce -6.8%
VCSH Vanguard S/T Corp. Bond ETF	0.62%	74,430	$5.9M	Add +2.1%
SYY Sysco Corp.	0.61%	74,975	$5.9M	Reduce -1.9%
VCIT Vanguard Int-Term Corporate	0.61%	69,499	$5.8M	Add +1.6%
IJR iShares Core S&P Small-Cap E	0.60%	49,004	$5.7M	Add +1.5%
ROK Rockwell Automation Inc.	0.60%	21,310	$5.7M	Add +4.6%
IEFA iShares Core MSCI Eafe ETF	0.60%	72,825	$5.7M	Reduce -0.2%
ENB Enbridge Inc.	0.59%	139,378	$5.7M	Reduce -6.4%
DLS Wisdomtree Intl S/C DVD Fund	0.59%	80,889	$5.6M	Reduce -0.3%
GPC Genuine Parts Co.	0.58%	39,435	$5.5M	Add +1.2%
BMY Bristol-Myers Squibb Co.	0.58%	106,427	$5.5M	Add +1.3%
FDX FedEx Corp.	0.54%	18,965	$5.2M	Reduce -13.3%
VYM Vanguard High DVD Yield ETF	0.54%	40,395	$5.2M	Reduce -1.1%
NOW ServiceNow Inc.	0.53%	5,650	$5.1M	Add +0.2%
WMT Walmart Inc.	0.53%	61,974	$5.0M	Add +1.1%
ABBV Abbvie Inc.	0.50%	24,331	$4.8M	Reduce -2.6%
NKE Nike Inc. Class B	0.50%	53,368	$4.7M	Reduce -2.3%
NVDA Nvidia Corp.	0.49%	38,454	$4.7M	Reduce -2.7%
WM Waste Management Inc.	0.47%	21,423	$4.4M	Reduce -0.6%
ABT Abbott Laboratories	0.37%	30,756	$3.5M	Reduce -0.6%
AVUV Avantis US Small Cap Value	0.35%	34,846	$3.3M	Add +2.0%
EFV iShares MSCI Eafe Value ETF	0.34%	56,009	$3.2M	Reduce -1.7%
SCZ iShares MSCI Eafe Small-Cap	0.34%	47,150	$3.2M	Add +0.8%
IVE iShares S&P 500 Value ETF	0.33%	15,845	$3.1M	Reduce -0.6%
NVS Novartis AG-Sponsored ADR	0.32%	26,647	$3.1M	Reduce -1.6%
RSP Invesco S&P 500 Equal Weight	0.31%	16,617	$3.0M	Reduce -1.0%
AMTM Amentum Holdings Inc.	0.30%	88,292	$2.8M	Add +1.6%
XOM Exxon Mobil Corp.	0.28%	23,156	$2.7M	Reduce -1.4%
ACN Accenture PLC Class A	0.27%	7,381	$2.6M	New
XLB SS Materials Select Sector	0.27%	26,948	$2.6M	Add +0.3%
XBI SS SPDR S&P Biotech ETF	0.27%	26,106	$2.6M	Reduce -1.0%
VXF Vanguard Extended Market ETF	0.27%	14,021	$2.6M	Add +0.3%
IWS iShares Russell Mid-Cap Valu	0.24%	17,077	$2.3M	Reduce -2.2%
UNP Union Pacific Corp.	0.21%	8,274	$2.0M	Reduce -0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.21%	10,089	$2.0M	Reduce -2.1%
NFLX Netflix Inc.	0.19%	2,488	$1.8M	Reduce -1.6%
AFL Aflac Inc.	0.18%	15,677	$1.8M	Reduce -8.1%
MRK Merck & Co. Inc.	0.18%	15,004	$1.7M	Reduce -2.1%
MAA Mid-America Apartment Comm	0.17%	10,030	$1.6M	Reduce -0.5%
UDR Udr Inc.	0.17%	34,694	$1.6M	Reduce -0.3%
IBB iShares Biotechnology ETF	0.16%	10,790	$1.6M	Reduce -3.1%
CPT Camden Property Trust	0.16%	12,608	$1.6M	Add +0.1%
PFF iShares Preferred & Income S	0.16%	44,579	$1.5M	Add +0.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.15%	18,144	$1.5M	Reduce -0.6%
LLY Eli Lilly & Co.	0.15%	1,616	$1.4M	No change
ARE Alexandria Real Estate Equit	0.15%	11,747	$1.4M	Add +2.9%
SPTM SS SPDR P S&P 1500 Comp ETF	0.15%	19,852	$1.4M	Reduce -1.5%
DLR Digital Realty Trust Inc.	0.15%	8,569	$1.4M	Add +0.8%
VNQ Vanguard Real Estate ETF	0.14%	14,076	$1.4M	Reduce -0.7%
KO The Coca-Cola Co.	0.14%	18,487	$1.3M	Reduce -10.8%
CAT Caterpillar Inc.	0.14%	3,371	$1.3M	Reduce -0.7%
TSLA Tesla Inc.	0.13%	4,648	$1.2M	Reduce -4.9%
GLD SPDR Gold Shares	0.13%	4,953	$1.2M	Reduce -10.1%
PLD Prologis Inc.	0.12%	8,913	$1.1M	Add +0.5%
DE Deere & Co.	0.12%	2,663	$1.1M	Reduce -0.2%
SOXX iShares Semiconductor ETF	0.11%	4,723	$1.1M	Add +1.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.11%	12,807	$1.0M	Reduce -2.7%
MCHP Microchip Technology Inc.	0.11%	12,550	$1.0M	Reduce -4.8%
EMR Emerson Electric Co.	0.10%	9,064	$991K	Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US	0.10%	1,714	$984K	Add +127.6%
CWB SS SPDR BB Conv Sec ETF	0.09%	11,624	$890K	Reduce -3.1%
WFC Wells Fargo & Co.	0.09%	15,726	$888K	Reduce -17.9%
GE General Electric filed as GE AEROSPACE	0.09%	4,684	$883K	No change
SBUX Starbucks Corp.	0.09%	8,810	$859K	Reduce -7.8%
ANET Arista Networks Inc.	0.09%	2,222	$853K	Reduce -0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.08%	3,633	$803K	Add +5.4%
EMXC iShares MSCI Emr MRK Ex Chna	0.08%	12,822	$784K	Reduce -2.6%
SLG SL Green Realty Corp.	0.07%	10,235	$712K	Reduce -19.7%
AVGO Broadcom Inc.	0.07%	4,110	$709K	Add +2.5%
IWF iShares Russell 1000 Growth	0.07%	1,855	$696K	Add +67.9%
AVEM Avantis Emerging Markets Eq	0.07%	10,695	$691K	Reduce -1.0%
KIM Kimco Realty Corp.	0.07%	29,344	$681K	Reduce -13.3%
VIG Vanguard Dividend Apprec ETF	0.07%	3,421	$678K	Add +0.7%
KMB Kimberly-Clark Corp.	0.07%	4,715	$671K	Reduce -6.9%
XLE SS Energy Select Sector	0.07%	7,490	$658K	Reduce -0.4%
PFE Pfizer Inc.	0.07%	21,553	$624K	Add +1.9%
DHI D.R. Horton Inc.	0.07%	3,258	$621K	Reduce -0.5%
EWY iShares MSCI South Korea ETF	0.06%	9,362	$599K	Add +1.9%
SCHW Schwab (charles) Corp.	0.06%	9,218	$597K	Reduce -46.9%
XCEM Columbia Em Core Ex-China	0.06%	18,284	$597K	Add +7.2%
AMAT Applied Materials Inc.	0.06%	2,748	$555K	Add +15.1%
XYL Xylem Inc.	0.06%	3,997	$540K	Reduce -0.8%
LECO Lincoln Electric Holdings	0.06%	2,742	$526K	Reduce -13.6%
CRM Salesforce Inc.	0.05%	1,911	$523K	Reduce -10.7%
CRWD CrowdStrike Holdings Inc. Class A	0.05%	1,800	$505K	New
LRCX Lam Research Corp.	0.05%	602	$491K	Add +0.8%
PM Philip Morris International	0.05%	3,944	$479K	New
INTU Intuit Inc.	0.05%	760	$472K	Add +1.3%
EFA iShares MSCI Eafe ETF	0.05%	5,581	$467K	Add +16.7%
CEG Constellation Energy	0.05%	1,766	$459K	Reduce -12.1%
LEN Lennar Corp. Class A	0.05%	2,422	$454K	No change
VZ Verizon Communications Inc.	0.05%	10,072	$452K	Reduce -34.2%
KLAC KLA Corp.	0.04%	553	$428K	Add +0.6%
ILMN Illumina Inc.	0.04%	3,281	$428K	Reduce -7.4%
MU Micron Technology Inc.	0.04%	4,047	$420K	Add +1.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.04%	400	$416K	No change
SCHB Schwab US Broad Market ETF	0.04%	6,125	$407K	Add +0.6%
TGT Target Corp.	0.04%	2,586	$403K	Reduce -0.1%
ADP Automatic Data Processing	0.04%	1,452	$402K	Add +3.2%
VNM Vaneck Vietnam ETF	0.04%	31,108	$398K	Add +1.3%
VWO Vanguard Ftse Emerging Marke	0.04%	8,254	$395K	Reduce -4.9%
REG Regency Centers Corp.	0.04%	5,048	$365K	Reduce -17.2%
REGN Regeneron Pharmaceuticals	0.04%	342	$360K	No change
LHX L3HARRIS Technologies Inc.	0.04%	1,506	$358K	Add +2.5%
CMCSA Comcast Corp. Class A	0.04%	8,254	$345K	No change
MMM 3M Co.	0.04%	2,496	$341K	Reduce -5.2%
IWB iShares Russell 1000 ETF	0.03%	1,059	$333K	New
A Agilent Technologies Inc.	0.03%	2,192	$326K	Add +2.4%
WY Weyerhaeuser Co.	0.03%	9,606	$325K	No change
SRE Sempra	0.03%	3,852	$322K	Add +39.6%
VOO Vanguard S&P 500 ETF	0.03%	604	$319K	Reduce -9.8%
OTIS Otis Worldwide Corp.	0.03%	3,022	$314K	Reduce -5.4%
HON Honeywell International Inc.	0.03%	1,504	$311K	Reduce -22.5%
MDLZ Mondelez International Inc. Class A	0.03%	4,151	$306K	Reduce -1.3%
BDN Brandywine Realty Trust	0.03%	55,611	$303K	Reduce -10.4%
GEV GE Vernova Inc.	0.03%	1,178	$300K	No change
HUBB Hubbell Inc.	0.03%	699	$299K	No change
VLTO Veralto Corp.	0.03%	2,650	$296K	Reduce -3.3%
MAR Marriott International Class A	0.03%	1,082	$269K	Add +10.2%
CAG Conagra Brands Inc.	0.03%	8,249	$268K	Reduce -9.2%
CWH Camping World Holdings Inc. Class A	0.03%	11,000	$266K	No change
ALEX Alexander & Baldwin Inc.	0.03%	13,785	$265K	Reduce -9.5%
TXN Texas Instruments Inc.	0.03%	1,264	$261K	Reduce -7.7%
VTV Vanguard Mrngstr Val ETF-Aui	0.03%	1,480	$258K	Reduce -5.1%
AMH American Homes 4 Rent- A	0.03%	6,651	$255K	Reduce -0.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.03%	946	$250K	New
SLP Simulations Plus Inc.	0.03%	7,724	$247K	No change
AMD Advanced Micro Devices	0.03%	1,505	$247K	Add +12.3%
SPDW Ste STR SPDR PT DW Eu ETF	0.03%	6,440	$242K	Reduce -3.5%
TD Toronto-Dominion Bank	0.02%	3,603	$228K	Reduce -1.2%
IAU iShares Gold Trust	0.02%	4,559	$227K	New
LEN.B Lennar Corp. Class B	0.02%	1,300	$225K	New
EMN Eastman Chemical Co.	0.02%	2,000	$224K	Reduce -15.4%
EXC Exelon Corp.	0.02%	5,298	$215K	Reduce -12.7%
FIBK First Interstate Bancsys-A	0.02%	6,563	$201K	New
LW Lamb Weston Holdings Inc.	0.02%	3,100	$201K	Add +0.3%

Portfolio Sells Q2 2024 → Q3 2024


QCOM Qualcomm Inc.	Reduce -1.7%	3.84%	−0.99
CSCO Cisco Systems Inc.	Reduce -44.9%	0.74%	−0.53
CVX Chevron Corp.	Reduce -2.4%	1.53%	−0.23
FDX FedEx Corp.	Reduce -13.3%	0.54%	−0.18
MSFT Microsoft Corp.	Reduce -0.7%	1.44%	−0.15
TROW T Rowe Price Group Inc.	Reduce -0.4%	1.16%	−0.14
UPS United Parcel Service Class B	Reduce -0.3%	1.37%	−0.09
SCHW Schwab (charles) Corp.	Reduce -46.9%	0.06%	−0.08
BRK.B Berkshire Hathaway Inc. Class B	Reduce -11.4%	1.29%	−0.07
PANW Palo Alto Networks Inc.	Reduce -1.8%	1.03%	−0.07
IVV iShares Core S&P 500 ETF	Reduce -4.9%	1.08%	−0.06
PG The Procter & Gamble Co.	Reduce -2.0%	2.04%	−0.05
NVDA Nvidia Corp.	Reduce -2.7%	0.49%	−0.05
DOCU Docusign Inc.	Sold out	0.00%	−0.05
WM Waste Management Inc.	Reduce -0.6%	0.47%	−0.04
AMGN Amgen Inc.	Reduce -1.4%	0.85%	−0.03
WFC Wells Fargo & Co.	Reduce -17.9%	0.09%	−0.03
MRK Merck & Co. Inc.	Reduce -2.1%	0.18%	−0.03
MCHP Microchip Technology Inc.	Reduce -4.8%	0.11%	−0.03
INTC Intel Corp.	Sold out	0.00%	−0.03
JPM JPMorgan Chase & Co.	Reduce -0.3%	1.67%	−0.03
BA The Boeing Co.	Sold out	0.00%	−0.03
RSG Republic Services Inc.	Reduce -1.1%	0.76%	−0.03
VZ Verizon Communications Inc.	Reduce -34.2%	0.05%	−0.02
COST Costco Wholesale Corp.	Reduce -0.6%	1.00%	−0.02
BGS B&G Foods Inc.	Sold out	0.00%	−0.02
XOM Exxon Mobil Corp.	Reduce -1.4%	0.28%	−0.01
SO The Southern Co.	Reduce -11.2%	0.63%	−0.01
HON Honeywell International Inc.	Reduce -22.5%	0.03%	−0.01
LECO Lincoln Electric Holdings	Reduce -13.6%	0.06%	−0.01
WBD Warner Bros Discovery Inc.	Sold out	0.00%	−0.01
EMR Emerson Electric Co.	Reduce -2.1%	0.10%	−0.01
KMB Kimberly-Clark Corp.	Reduce -6.9%	0.07%	−0.01
XLE SS Energy Select Sector	Reduce -0.4%	0.07%	−0.01
KO The Coca-Cola Co.	Reduce -10.8%	0.14%	−0.01
NIO Nio Inc. - ADR	Sold out	0.00%	−0.01
CRM Salesforce Inc.	Reduce -10.7%	0.05%	−0.01
SLG SL Green Realty Corp.	Reduce -19.7%	0.07%	−0.01
GLD SPDR Gold Shares	Reduce -10.1%	0.13%	−0.01
IBB iShares Biotechnology ETF	Reduce -3.1%	0.16%	−0.00
EMXC iShares MSCI Emr MRK Ex Chna	Reduce -2.6%	0.08%	−0.00
NFLX Netflix Inc.	Reduce -1.6%	0.19%	−0.00
XYL Xylem Inc.	Reduce -0.8%	0.06%	−0.00
REG Regency Centers Corp.	Reduce -17.2%	0.04%	−0.00
VOO Vanguard S&P 500 ETF	Reduce -9.8%	0.03%	−0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Reduce -0.6%	0.15%	−0.00
CWB SS SPDR BB Conv Sec ETF	Reduce -3.1%	0.09%	−0.00
SPTM SS SPDR P S&P 1500 Comp ETF	Reduce -1.5%	0.15%	−0.00
EMN Eastman Chemical Co.	Reduce -15.4%	0.02%	−0.00
TXN Texas Instruments Inc.	Reduce -7.7%	0.03%	−0.00

Portfolio Buys Q2 2024 → Q3 2024


PYPL PayPal Holdings Inc.	New	0.64%	+0.64
AAPL Apple Inc.	Add +0.7%	5.71%	+0.30
ACN Accenture PLC Class A	New	0.27%	+0.27
CBRE CBRE Group Inc. Class A	Add +0.2%	0.72%	+0.18
RMD Resmed Inc.	Add +1.6%	0.78%	+0.14
TRV The Travelers Cos Inc.	Add +2.3%	1.32%	+0.14
ORCL Oracle Corp.	Add +1.9%	0.92%	+0.13
MDT Medtronic PLC	Add +2.0%	1.17%	+0.11
NEE Nextera Energy Inc.	Add +0.9%	0.77%	+0.09
BMY Bristol-Myers Squibb Co.	Add +1.3%	0.58%	+0.09
MCD McDonald's Corp.	Add +1.4%	0.71%	+0.09
PNC PNC Financial Services Group	Add +0.5%	0.71%	+0.08
IQV Iqvia Holdings Inc.	Add +1.3%	0.96%	+0.07
ZTS Zoetis Inc.	Add +1.9%	0.84%	+0.07
WMT Walmart Inc.	Add +1.1%	0.53%	+0.07
VEA Vanguard Ftse Developed ETF	Add +2.5%	1.72%	+0.06
VEU Vanguard Ftse All-World Ex-U	Add +1.3%	1.97%	+0.06
SPY SS SPDR S&P 500 ETF Trust-US	Add +127.6%	0.10%	+0.06
CRWD CrowdStrike Holdings Inc. Class A	New	0.05%	+0.05
MS Morgan Stanley	Add +1.6%	1.67%	+0.05
PM Philip Morris International	New	0.05%	+0.05
V Visa Inc. Class A	Add +3.7%	1.80%	+0.05
NOW ServiceNow Inc.	Add +0.2%	0.53%	+0.04
VTI VG Morningstar TS MKT ETF-US	Add +0.8%	3.73%	+0.04
GS Goldman Sachs Group Inc.	Add +0.6%	0.84%	+0.03
IWB iShares Russell 1000 ETF	New	0.03%	+0.03
IJR iShares Core S&P Small-Cap E	Add +1.5%	0.60%	+0.03
IWF iShares Russell 1000 Growth	Add +67.9%	0.07%	+0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd	New	0.03%	+0.03
IAU iShares Gold Trust	New	0.02%	+0.02
LEN.B Lennar Corp. Class B	New	0.02%	+0.02
FIBK First Interstate Bancsys-A	New	0.02%	+0.02
IBM Intl Business Machines Corp.	Add +5.4%	0.08%	+0.02
SCZ iShares MSCI Eafe Small-Cap	Add +0.8%	0.34%	+0.02
CPT Camden Property Trust	Add +0.1%	0.16%	+0.01
AVUV Avantis US Small Cap Value	Add +2.0%	0.35%	+0.01
SRE Sempra	Add +39.6%	0.03%	+0.01
XLB SS Materials Select Sector	Add +0.3%	0.27%	+0.01
PLD Prologis Inc.	Add +0.5%	0.12%	+0.01
EFA iShares MSCI Eafe ETF	Add +16.7%	0.05%	+0.01
VXF Vanguard Extended Market ETF	Add +0.3%	0.27%	+0.01
ADP Automatic Data Processing	Add +3.2%	0.04%	+0.00
VCIT Vanguard Int-Term Corporate	Add +1.6%	0.61%	+0.00
A Agilent Technologies Inc.	Add +2.4%	0.03%	+0.00
AVGO Broadcom Inc.	Add +2.5%	0.07%	+0.00
VIG Vanguard Dividend Apprec ETF	Add +0.7%	0.07%	+0.00
XCEM Columbia Em Core Ex-China	Add +7.2%	0.06%	+0.00
DLR Digital Realty Trust Inc.	Add +0.8%	0.15%	+0.00
MAR Marriott International Class A	Add +10.2%	0.03%	+0.00
AMD Advanced Micro Devices	Add +12.3%	0.03%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	201	$1.1B	AAPL, VTI, QCOM, GOOGL, VEU
Q1 2026	191	$1.0B	AAPL, VTI, VEU, GOOGL, QCOM
Q4 2025	196	$1.1B	AAPL, VTI, GOOGL, QCOM, VEU
Q3 2025	193	$1.0B	AAPL, VTI, QCOM, GOOGL, VEU
Q2 2025	195	$981.9M	AAPL, VTI, QCOM, VEU, HD
Q1 2025	191	$917.8M	AAPL, VTI, QCOM, HD, V
Q4 2024	197	$937.6M	AAPL, VTI, QCOM, HD, GOOGL
Q3 2024	196	$952.8M	AAPL, QCOM, VTI, HD, PEP
Q2 2024	192	$902.2M	AAPL, QCOM, VTI, HD, GOOGL
Q1 2024	194	$886.9M	AAPL, QCOM, VTI, HD, PEP