Telos Capital Management, Inc.

Q1 2014 13F-HR Holdings

Location
San Diego, CA
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
143
Total value ($000)
$142,982
Net value change ($000)
+6,588 (4.8%)
New positions
15
Sold out positions
12
Turnover %
12.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
EBAY 1,560 NEW
IVZ 1,247 NEW
VEU 1,092 129.8%
SO 928 NEW
BEAM INC 466 NEW
Medtronic PLC 433 28.6%
VOD 380 NEW
CAT 373 18.8%
INVSC QQQ TRUST SRS 1 ETF 317 20.7%
IVV 310 29.3%
Top Reduces (Value $000, Stocks/ETFs)
DEM -2,456 -100.0%
VOD -2,202 -100.0%
SABA -1,991 -100.0%
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER -948 -100.0%
STAPLES INC -761 -100.0%
VWO -666 -41.6%
ILF -614 -100.0%
OWENS RLTY MTG INC -332 -100.0%
PM -293 -100.0%
UBS AG JERSEY BRH -216 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type