Telos Capital Management, Inc.

Name: Telos Capital Management, Inc. 13F holdings, Q1 2025
Creator: Telos Capital Management, Inc.
Published: 2025-04-30

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Telos Capital Management, Inc. reported 191 stock positions worth $917.8 million. Its top holding was Apple (AAPL) at 5.5% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 3.8%) and Qualcomm (QCOM, 3.3%). Compared with Q4 2024, it opened 8 new positions, sold out of 14, added to 88 and reduced 86. The biggest buy was a new position in Te Connectivity (TEL) and the biggest sale an exit from FedEx (FDX).

Most Recent 13F: Q2 2026
Location: SAN DIEGO, CA
CIK: 0001567889
Portfolio Value: $917.8M (Q1 2025)
SEC Filing: 0001567889-25-000003 ↗ filed Apr 30, 2025

Holdings Value

Holdings 191 stocks · $917.8M


AAPL Apple Inc.	5.51%	227,774	$50.6M	Add +0.0%
VTI VG Morningstar TS MKT ETF-US	3.75%	125,245	$34.4M	Reduce -0.9%
QCOM Qualcomm Inc.	3.27%	195,220	$30.0M	Reduce -9.1%
HD Home Depot Inc.	2.30%	57,682	$21.1M	Add +1.6%
V Visa Inc. Class A	2.21%	57,783	$20.3M	Reduce -7.0%
PEP Pepsico Inc.	2.19%	133,786	$20.1M	Add +5.4%
VEU Vanguard Ftse All-World Ex-U	2.13%	322,317	$19.6M	Add +3.2%
PG The Procter & Gamble Co.	2.09%	112,749	$19.2M	Add +1.3%
AMZN Amazon.com Inc.	1.90%	91,440	$17.4M	Reduce -0.8%
GOOGL Alphabet Inc. Class A	1.87%	110,837	$17.1M	Reduce -0.4%
MS Morgan Stanley	1.83%	144,046	$16.8M	Reduce -0.8%
CVX Chevron Corp.	1.82%	100,068	$16.7M	Add +0.5%
JPM JPMorgan Chase & Co.	1.74%	65,287	$16.0M	Add +0.7%
VEA Vanguard Ftse Developed ETF	1.71%	309,496	$15.7M	Add +0.1%
NOC Northrop Grumman Corp.	1.66%	29,781	$15.2M	Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B	1.52%	26,203	$14.0M	Reduce -1.6%
TRV The Travelers Cos Inc.	1.50%	51,983	$13.7M	Add +0.1%
MA Mastercard Inc. Class A	1.45%	24,276	$13.3M	Reduce -0.6%
MSFT Microsoft Corp.	1.24%	30,240	$11.4M	Reduce -3.0%
J Jacobs Solutions Inc.	1.21%	91,805	$11.1M	Add +4.2%
IVV iShares Core S&P 500 ETF	1.13%	18,398	$10.3M	Add +2.6%
PANW Palo Alto Networks Inc.	1.11%	59,813	$10.2M	Add +5.1%
NXPI NXP Semiconductors NV	1.11%	53,613	$10.2M	Reduce -0.2%
QQQ Invesco QQQ Trust Series 1	1.11%	21,726	$10.2M	Add +0.6%
UPS United Parcel Service Class B	1.10%	91,544	$10.1M	Reduce -2.6%
COST Costco Wholesale Corp.	1.07%	10,418	$9.9M	Reduce -0.6%
IJH iShares Core S&P Midcap ETF	1.06%	166,632	$9.7M	Add +3.3%
DHR Danaher Corp.	1.01%	45,281	$9.3M	Add +0.6%
GOOG Alphabet Inc. Class C	1.00%	58,805	$9.2M	Reduce -0.4%
VRTX Vertex Pharmaceuticals Inc.	0.96%	18,174	$8.8M	Add +3.1%
HON Honeywell International Inc.	0.94%	40,732	$8.6M	Add +5.0%
RSG Republic Services Inc.	0.90%	33,976	$8.2M	Reduce -3.6%
JNJ Johnson & Johnson	0.88%	48,459	$8.0M	Reduce -10.8%
AMGN Amgen Inc.	0.87%	25,760	$8.0M	Reduce -0.9%
VCSH Vanguard S/T Corp. Bond ETF	0.87%	101,231	$8.0M	Add +4.8%
EOG EOG Resources Inc.	0.86%	61,699	$7.9M	Add +2.1%
APD Air Products & Chemicals Inc.	0.85%	26,530	$7.8M	Reduce -2.9%
CSCO Cisco Systems Inc.	0.84%	125,595	$7.8M	Reduce -3.8%
UNH Unitedhealth Group Inc.	0.84%	14,769	$7.7M	Add +3.2%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.82%	82,108	$7.5M	Reduce -13.3%
RTX RTX Corp.	0.81%	56,102	$7.4M	Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.80%	74,587	$7.4M	Add +2.7%
ORCL Oracle Corp.	0.79%	51,921	$7.3M	Add +3.5%
ZTS Zoetis Inc.	0.78%	43,562	$7.2M	Add +2.0%
IQV Iqvia Holdings Inc.	0.77%	40,035	$7.1M	Add +3.1%
CARR Carrier Global Corp.	0.77%	110,826	$7.0M	Add +2.4%
MCD McDonald's Corp.	0.75%	22,025	$6.9M	Reduce -2.5%
RMD Resmed Inc.	0.74%	30,505	$6.8M	Add +0.7%
TEL Te Connectivity PLC	0.73%	47,545	$6.7M	New
ASML ASML Holding NV-NY Reg SHS	0.73%	10,113	$6.7M	Reduce -0.3%
BMY Bristol-Myers Squibb Co.	0.73%	109,712	$6.7M	Reduce -0.6%
GS Goldman Sachs Group Inc.	0.72%	12,148	$6.6M	Add +2.5%
AEP American Electric Power	0.71%	59,994	$6.6M	Reduce -2.3%
PSX Phillips 66	0.71%	52,415	$6.5M	Add +2.5%
NEE Nextera Energy Inc.	0.70%	90,496	$6.4M	Add +1.4%
WSM Williams-Sonoma Inc.	0.69%	40,280	$6.4M	Reduce -4.9%
SO The Southern Co.	0.69%	69,103	$6.4M	Add +1.5%
PNC PNC Financial Services Group	0.69%	36,046	$6.3M	Reduce -0.2%
PYPL PayPal Holdings Inc.	0.69%	96,580	$6.3M	Add +10.6%
META Meta Platforms Inc. Class A	0.69%	10,928	$6.3M	Reduce -1.5%
VCIT Vanguard Int-Term Corporate	0.68%	76,835	$6.3M	Add +7.3%
ENB Enbridge Inc.	0.68%	141,433	$6.3M	Reduce -0.2%
LMT Lockheed Martin Corp.	0.68%	13,939	$6.2M	Add +2.0%
MDT Medtronic PLC	0.65%	66,522	$6.0M	Reduce -2.3%
CBRE CBRE Group Inc. Class A	0.65%	45,649	$6.0M	Reduce -14.4%
O Realty Income Corp.	0.63%	98,978	$5.7M	Add +0.1%
WMT Walmart Inc.	0.61%	63,946	$5.6M	Add +3.4%
VYM Vanguard High DVD Yield ETF	0.60%	42,614	$5.5M	Add +3.9%
IEFA iShares Core MSCI Eafe ETF	0.60%	72,303	$5.5M	Reduce -0.6%
ROK Rockwell Automation Inc.	0.59%	21,056	$5.4M	Reduce -1.4%
IJR iShares Core S&P Small-Cap E	0.59%	51,976	$5.4M	Add +2.3%
DLS Wisdomtree Intl S/C DVD Fund	0.59%	82,105	$5.4M	Reduce -0.7%
GPC Genuine Parts Co.	0.53%	40,895	$4.9M	Add +1.8%
WM Waste Management Inc.	0.52%	20,479	$4.7M	Reduce -2.1%
AMTM Amentum Holdings Inc.	0.51%	256,178	$4.7M	Reduce -4.1%
NOW ServiceNow Inc.	0.49%	5,695	$4.5M	Add +2.4%
ABBV Abbvie Inc.	0.46%	20,213	$4.2M	Reduce -11.9%
NVDA Nvidia Corp.	0.45%	38,033	$4.1M	Add +0.2%
ABT Abbott Laboratories	0.44%	30,456	$4.0M	Reduce -0.6%
EW Edwards Lifesciences Corp.	0.44%	55,259	$4.0M	Add +7.1%
ADBE Adobe Inc.	0.41%	9,818	$3.8M	Add +16.3%
AVDV Avantis Intl S/C Value ETF	0.39%	51,775	$3.6M	Add +3.5%
EFV iShares MSCI Eafe Value ETF	0.39%	60,358	$3.6M	Add +4.7%
AVUV Avantis US Small Cap Value	0.37%	39,268	$3.4M	Add +4.2%
NFLX Netflix Inc.	0.36%	3,592	$3.3M	Add +103.0%
XOM Exxon Mobil Corp.	0.36%	27,861	$3.3M	Add +34.5%
IVE iShares S&P 500 Value ETF	0.35%	16,987	$3.2M	Add +5.9%
RSP Invesco S&P 500 Equal Weight	0.34%	18,085	$3.1M	Add +3.8%
NVS Novartis AG-Sponsored ADR	0.33%	27,438	$3.1M	Reduce -0.9%
XLF SS Financial Select Sector	0.28%	51,946	$2.6M	New
ACN Accenture PLC Class A	0.26%	7,758	$2.4M	Add +1.2%
VXF Vanguard Extended Market ETF	0.26%	13,872	$2.4M	Reduce -0.7%
IWS iShares Russell Mid-Cap Valu	0.25%	17,985	$2.3M	Add +4.9%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.22%	10,856	$2.0M	Add +5.9%
UNP Union Pacific Corp.	0.22%	8,466	$2.0M	Reduce -0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.21%	7,846	$2.0M	Add +24.9%
MAA Mid-America Apartment Comm	0.18%	10,019	$1.7M	Reduce -0.6%
LLY Eli Lilly & Co.	0.18%	1,982	$1.6M	Reduce -0.3%
AFL Aflac Inc.	0.18%	14,472	$1.6M	No change
DE Deere & Co.	0.17%	3,391	$1.6M	Add +28.2%
UDR Udr Inc.	0.17%	34,852	$1.6M	Add +0.1%
ARE Alexandria Real Estate Equit	0.17%	16,871	$1.6M	Add +13.8%
CPT Camden Property Trust	0.17%	12,534	$1.5M	Reduce -1.0%
IBB iShares Biotechnology ETF	0.15%	10,900	$1.4M	Reduce -0.9%
MRK Merck & Co. Inc.	0.14%	14,777	$1.3M	Reduce -0.5%
SPTM SS SPDR P S&P 1500 Comp ETF	0.14%	19,225	$1.3M	Reduce -0.2%
VNQ Vanguard Real Estate ETF	0.14%	14,197	$1.3M	Add +1.6%
GLD SPDR Gold Shares	0.13%	4,247	$1.2M	Reduce -11.3%
TSLA Tesla Inc.	0.13%	4,710	$1.2M	Reduce -7.0%
DLR Digital Realty Trust Inc.	0.13%	8,025	$1.1M	Add +1.2%
KO The Coca-Cola Co.	0.12%	15,766	$1.1M	Reduce -2.5%
SPY SS SPDR S&P 500 ETF Trust-US	0.12%	1,999	$1.1M	Add +7.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.12%	13,492	$1.1M	Add +3.1%
CAT Caterpillar Inc.	0.12%	3,211	$1.1M	Add +1.3%
PFF iShares Preferred & Income S	0.11%	34,283	$1.1M	Add +3.8%
PLD Prologis Inc.	0.11%	9,060	$1.0M	Reduce -0.4%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.11%	12,808	$1.0M	Add +2.0%
EMR Emerson Electric Co.	0.11%	8,800	$965K	Add +10.7%
SOXX iShares Semiconductor ETF	0.10%	5,084	$957K	Add +5.8%
WFC Wells Fargo & Co.	0.10%	13,316	$956K	Reduce -1.6%
KMB Kimberly-Clark Corp.	0.10%	6,203	$882K	Add +37.4%
VIG Vanguard Dividend Apprec ETF	0.09%	4,476	$868K	Add +6.4%
CWB SS SPDR BB Conv Sec ETF	0.09%	10,807	$828K	Reduce -1.1%
BRK.A Berkshire Hathaway Inc. Class A	0.09%	1	$798K	New
XLE SS Energy Select Sector	0.08%	8,284	$774K	Add +7.8%
VZ Verizon Communications Inc.	0.08%	17,050	$773K	Add +67.0%
AVEM Avantis Emerging Markets Eq	0.08%	12,130	$730K	Add +10.7%
ANET Arista Networks Inc.	0.08%	9,172	$711K	Add +4.1%
EMXC iShares MSCI Emr MRK Ex Chna	0.08%	12,538	$691K	Reduce -1.3%
CRWD CrowdStrike Holdings Inc. Class A	0.07%	1,950	$688K	Add +8.3%
IWF iShares Russell 1000 Growth	0.07%	1,899	$686K	Add +2.4%
XCEM Columbia Em Core Ex-China	0.07%	22,532	$665K	Add +21.3%
AVGO Broadcom Inc.	0.07%	3,935	$659K	Reduce -2.6%
PFE Pfizer Inc.	0.07%	25,086	$636K	Add +7.7%
KIM Kimco Realty Corp.	0.07%	29,652	$630K	Add +1.2%
GE General Electric filed as GE AEROSPACE	0.07%	3,005	$601K	Reduce -36.0%
SLG SL Green Realty Corp.	0.07%	10,369	$598K	Add +1.7%
MCHP Microchip Technology Inc.	0.06%	12,280	$594K	Reduce -2.1%
SYY Sysco Corp.	0.06%	7,894	$592K	Reduce -9.8%
VGT Vanguard Info Tech ETF	0.06%	1,075	$583K	No change
EWY iShares MSCI South Korea ETF	0.06%	9,816	$530K	Add +3.2%
VOO Vanguard S&P 500 ETF	0.05%	980	$504K	Add +64.2%
SBUX Starbucks Corp.	0.05%	5,013	$492K	Reduce -20.2%
PM Philip Morris International	0.05%	3,088	$490K	Reduce -18.2%
SCHW Schwab (charles) Corp.	0.05%	6,166	$483K	Reduce -20.6%
XYL Xylem Inc.	0.05%	3,911	$467K	Reduce -2.4%
EFA iShares MSCI Eafe ETF	0.05%	5,353	$438K	Reduce -0.0%
DHI D.R. Horton Inc.	0.05%	3,344	$425K	Reduce -1.3%
T AT&T Inc.	0.05%	14,788	$418K	New
CRM Salesforce Inc.	0.05%	1,553	$417K	Reduce -13.1%
KLAC KLA Corp.	0.05%	612	$416K	Add +0.3%
CWH Camping World Holdings Inc. Class A	0.04%	25,000	$404K	Add +66.7%
PPH Vaneck Pharmaceutical ETF	0.04%	4,424	$403K	Reduce -0.6%
ADP Automatic Data Processing	0.04%	1,304	$398K	Reduce -3.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.04%	400	$395K	No change
LRCX Lam Research Corp.	0.04%	5,412	$393K	Reduce -10.8%
CEG Constellation Energy	0.04%	1,937	$391K	Add +1.1%
VWO Vanguard Ftse Emerging Marke	0.04%	8,362	$378K	Reduce -0.1%
SCHB Schwab US Broad Market ETF	0.04%	17,252	$371K	Reduce -21.4%
CMCSA Comcast Corp. Class A	0.04%	10,054	$371K	Add +41.0%
REG Regency Centers Corp.	0.04%	5,016	$370K	Reduce -0.1%
INTU Intuit Inc.	0.04%	570	$350K	Reduce -5.0%
AMAT Applied Materials Inc.	0.04%	2,355	$342K	Reduce -5.3%
PLTR Palantir Technologies Inc. Class A	0.04%	4,000	$338K	No change
LECO Lincoln Electric Holdings	0.04%	1,718	$325K	Reduce -31.0%
MMM 3M Co.	0.04%	2,203	$324K	Reduce -8.1%
LHX L3HARRIS Technologies Inc.	0.03%	1,426	$298K	Reduce -2.3%
TGT Target Corp.	0.03%	2,820	$294K	Reduce -8.1%
MDLZ Mondelez International Inc. Class A	0.03%	4,306	$292K	Reduce -4.7%
WY Weyerhaeuser Co.	0.03%	9,393	$275K	Reduce -2.5%
ILMN Illumina Inc.	0.03%	3,348	$266K	Add +2.0%
LEN Lennar Corp. Class A	0.03%	2,310	$265K	Reduce -4.3%
EXC Exelon Corp.	0.03%	5,687	$262K	No change
RS Reliance Inc.	0.03%	900	$260K	New
MAR Marriott International Class A	0.03%	1,082	$258K	No change
IAU iShares Gold Trust	0.03%	4,278	$252K	Add +4.6%
ECL Ecolab Inc.	0.03%	995	$252K	New
CAG Conagra Brands Inc.	0.03%	9,412	$251K	Add +10.5%
AMH American Homes 4 Rent- A	0.03%	6,538	$247K	Reduce -2.7%
A Agilent Technologies Inc.	0.03%	2,072	$242K	Reduce -2.8%
ALEX Alexander & Baldwin Inc.	0.03%	13,541	$233K	Reduce -1.5%
HUBB Hubbell Inc.	0.03%	699	$231K	No change
SPDW Ste STR SPDR PT DW Eu ETF	0.02%	6,274	$228K	Reduce -0.4%
SCHG Schwab US Large-Cap Growth	0.02%	9,052	$227K	New
SCHX Schwab US Large-Cap ETF	0.02%	10,108	$223K	New
BDN Brandywine Realty Trust	0.02%	49,664	$222K	No change
VLTO Veralto Corp.	0.02%	2,200	$214K	No change
BA The Boeing Co.	0.02%	1,249	$213K	Reduce -0.8%
SRE Sempra	0.02%	2,950	$211K	Reduce -12.8%
VTV Vanguard Mrngstr Val ETF-Aui	0.02%	1,164	$201K	Reduce -9.6%
OPRT Oportun Financial Corp.	0.01%	20,015	$110K	Add +50.0%

Portfolio Sells Q4 2024 → Q1 2025


FDX FedEx Corp.	Sold out	0.00%	−0.59
NKE Nike Inc. Class B	Sold out	0.00%	−0.42
GOOGL Alphabet Inc. Class A	Reduce -0.4%	1.87%	−0.38
TROW T Rowe Price Group Inc.	Reduce -13.3%	0.82%	−0.32
XBI SS SPDR S&P Biotech ETF	Sold out	0.00%	−0.27
AMZN Amazon.com Inc.	Reduce -0.8%	1.90%	−0.26
QCOM Qualcomm Inc.	Reduce -9.1%	3.27%	−0.25
GOOG Alphabet Inc. Class C	Reduce -0.4%	1.00%	−0.20
UPS United Parcel Service Class B	Reduce -2.6%	1.10%	−0.17
MSFT Microsoft Corp.	Reduce -3.0%	1.24%	−0.17
VTI VG Morningstar TS MKT ETF-US	Reduce -0.9%	3.75%	−0.15
WSM Williams-Sonoma Inc.	Reduce -4.9%	0.69%	−0.14
MS Morgan Stanley	Reduce -0.8%	1.83%	−0.12
CBRE CBRE Group Inc. Class A	Reduce -14.4%	0.65%	−0.10
AMTM Amentum Holdings Inc.	Reduce -4.1%	0.51%	−0.09
TSLA Tesla Inc.	Reduce -7.0%	0.13%	−0.09
NXPI NXP Semiconductors NV	Reduce -0.2%	1.11%	−0.08
ROK Rockwell Automation Inc.	Reduce -1.4%	0.59%	−0.06
PNC PNC Financial Services Group	Reduce -0.2%	0.69%	−0.05
IWB iShares Russell 1000 ETF	Sold out	0.00%	−0.04
GEV GE Vernova Inc.	Sold out	0.00%	−0.03
OTIS Otis Worldwide Corp.	Sold out	0.00%	−0.03
AVGO Broadcom Inc.	Reduce -2.6%	0.07%	−0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd	Sold out	0.00%	−0.02
DOCU Docusign Inc.	Sold out	0.00%	−0.02
SLP Simulations Plus Inc.	Sold out	0.00%	−0.02
REGN Regeneron Pharmaceuticals	Sold out	0.00%	−0.02
BLK BlackRock Inc.	Sold out	0.00%	−0.02
FIBK First Interstate Bancsys-A	Sold out	0.00%	−0.02
VXF Vanguard Extended Market ETF	Reduce -0.7%	0.26%	−0.02
LW Lamb Weston Holdings Inc.	Sold out	0.00%	−0.02
ASML ASML Holding NV-NY Reg SHS	Reduce -0.3%	0.73%	−0.02
CRM Salesforce Inc.	Reduce -13.1%	0.05%	−0.02
GE General Electric	Reduce -36.0%	0.07%	−0.02
LECO Lincoln Electric Holdings	Reduce -31.0%	0.04%	−0.01
MRK Merck & Co. Inc.	Reduce -0.5%	0.14%	−0.01
SCHB Schwab US Broad Market ETF	Reduce -21.4%	0.04%	−0.01
TGT Target Corp.	Reduce -8.1%	0.03%	−0.01
MCHP Microchip Technology Inc.	Reduce -2.1%	0.06%	−0.01
SCHW Schwab (charles) Corp.	Reduce -20.6%	0.05%	−0.01
SRE Sempra	Reduce -12.8%	0.02%	−0.01
SBUX Starbucks Corp.	Reduce -20.2%	0.05%	−0.01
SYY Sysco Corp.	Reduce -9.8%	0.06%	−0.01
META Meta Platforms Inc. Class A	Reduce -1.5%	0.69%	−0.01
NIO Nio Inc. - ADR	Sold out	0.00%	−0.01
LEN Lennar Corp. Class A	Reduce -4.3%	0.03%	−0.01
AMAT Applied Materials Inc.	Reduce -5.3%	0.04%	−0.01
SPTM SS SPDR P S&P 1500 Comp ETF	Reduce -0.2%	0.14%	−0.00
DHI D.R. Horton Inc.	Reduce -1.3%	0.05%	−0.00
A Agilent Technologies Inc.	Reduce -2.8%	0.03%	−0.00

Portfolio Buys Q4 2024 → Q1 2025


TEL Te Connectivity PLC	New	0.73%	+0.73
CVX Chevron Corp.	Add +0.5%	1.82%	+0.29
XLF SS Financial Select Sector	New	0.28%	+0.28
VEU Vanguard Ftse All-World Ex-U	Add +3.2%	2.13%	+0.22
VRTX Vertex Pharmaceuticals Inc.	Add +3.1%	0.96%	+0.20
NFLX Netflix Inc.	Add +103.0%	0.36%	+0.20
NOC Northrop Grumman Corp.	Add +0.1%	1.66%	+0.17
TRV The Travelers Cos Inc.	Add +0.1%	1.50%	+0.16
VEA Vanguard Ftse Developed ETF	Add +0.1%	1.71%	+0.14
PEP Pepsico Inc.	Add +5.4%	2.19%	+0.13
XOM Exxon Mobil Corp.	Add +34.5%	0.36%	+0.12
PG The Procter & Gamble Co.	Add +1.3%	2.09%	+0.10
SO The Southern Co.	Add +1.5%	0.69%	+0.09
JPM JPMorgan Chase & Co.	Add +0.7%	1.74%	+0.09
BRK.A Berkshire Hathaway Inc. Class A	New	0.09%	+0.09
PSX Phillips 66	Add +2.5%	0.71%	+0.08
EOG EOG Resources Inc.	Add +2.1%	0.86%	+0.07
VCIT Vanguard Int-Term Corporate	Add +7.3%	0.68%	+0.07
UNH Unitedhealth Group Inc.	Add +3.2%	0.84%	+0.07
VCSH Vanguard S/T Corp. Bond ETF	Add +4.8%	0.87%	+0.07
IBM Intl Business Machines Corp.	Add +24.9%	0.21%	+0.07
EFV iShares MSCI Eafe Value ETF	Add +4.7%	0.39%	+0.07
O Realty Income Corp.	Add +0.1%	0.63%	+0.06
DE Deere & Co.	Add +28.2%	0.17%	+0.05
AVDV Avantis Intl S/C Value ETF	Add +3.5%	0.39%	+0.05
T AT&T Inc.	New	0.05%	+0.05
VZ Verizon Communications Inc.	Add +67.0%	0.08%	+0.04
VYM Vanguard High DVD Yield ETF	Add +3.9%	0.60%	+0.04
ZTS Zoetis Inc.	Add +2.0%	0.78%	+0.04
KMB Kimberly-Clark Corp.	Add +37.4%	0.10%	+0.03
GPC Genuine Parts Co.	Add +1.8%	0.53%	+0.03
EW Edwards Lifesciences Corp.	Add +7.1%	0.44%	+0.03
RS Reliance Inc.	New	0.03%	+0.03
ECL Ecolab Inc.	New	0.03%	+0.03
IVE iShares S&P 500 Value ETF	Add +5.9%	0.35%	+0.03
SCHG Schwab US Large-Cap Growth	New	0.02%	+0.02
SCHX Schwab US Large-Cap ETF	New	0.02%	+0.02
VOO Vanguard S&P 500 ETF	Add +64.2%	0.05%	+0.02
NEE Nextera Energy Inc.	Add +1.4%	0.70%	+0.02
ARE Alexandria Real Estate Equit	Add +13.8%	0.17%	+0.02
RSP Invesco S&P 500 Equal Weight	Add +3.8%	0.34%	+0.02
WMT Walmart Inc.	Add +3.4%	0.61%	+0.02
XLE SS Energy Select Sector	Add +7.8%	0.08%	+0.01
XCEM Columbia Em Core Ex-China	Add +21.3%	0.07%	+0.01
CMCSA Comcast Corp. Class A	Add +41.0%	0.04%	+0.01
AVEM Avantis Emerging Markets Eq	Add +10.7%	0.08%	+0.01
CWH Camping World Holdings Inc. Class A	Add +66.7%	0.04%	+0.01
IWS iShares Russell Mid-Cap Valu	Add +4.9%	0.25%	+0.01
UDR Udr Inc.	Add +0.1%	0.17%	+0.01
ADBE Adobe Inc.	Add +16.3%	0.41%	+0.01

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