Instuitional Investor - Telos Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Apple Inc.	AAPL	225,073	$57,121,161	5.47%
2.	Vanguard Index Fds		121,288	$38,910,270	3.73%
3.	Vanguard Intl Equity Index Funds	VWO	355,790	$26,719,823	2.56%
4.	Alphabet Inc.	GOOGL	88,683	$25,501,819	2.44%
5.	Qualcomm Inc	QCOM	190,831	$24,575,212	2.35%