Masters Capital Management’s Telos TLS Stock Holding History

Masters Capital Management’s Portfolio TLS Stock Details TLS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$8.38M	Sell	2,000,000 -100,000	-5%	-$473K	0.28%	65
2025 Q4	$10.7M	Buy	2,100,000 +100,000	+5%	+$624K	0.44%	58
2025 Q3	$13.7M	Hold	2,000,000	–	–	0.5%	48
2025 Q2	$6.34M	Sell	2,000,000 -700,000	-26%	-$1.82M	0.25%	60
2025 Q1	$6.43M	Sell	2,700,000 -100,000	-4%	-$307K	0.32%	55
2024 Q4	$9.58M	Buy	2,800,000 +700,000	+33%	+$2.5M	0.35%	58
2024 Q3	$7.54M	Sell	2,100,000 -800,000	-28%	-$2.86M	0.37%	50
2024 Q2	$11.7M	Sell	2,900,000 -100,000	-3%	-$380K	0.66%	45
2024 Q1	$12.5M	Sell	3,000,000 -100,000	-3%	-$396K	0.45%	47
2023 Q4	$11.3M	Buy	3,100,000 +100,000	+3%	+$332K	0.46%	45
2023 Q3	$7.17M	Hold	3,000,000	–	–	0.4%	45
2023 Q2	$7.68M	Hold	3,000,000	–	–	0.31%	46
2023 Q1	$7.59M	Buy	3,000,000 +1,300,000	+76%	+$5.3M	0.38%	44
2022 Q4	$8.65M	Hold	1,700,000	–	–	0.66%	39
2022 Q3	$15.1M	Sell	1,700,000 -350,000	-17%	-$3.23M	1.07%	24
2022 Q2	$16.6M	Buy	2,050,000 +250,000	+14%	+$2.15M	0.77%	39
2022 Q1	$17.9M	Buy	1,800,000 +300,000	+20%	+$3.36M	0.72%	37
2021 Q4	$23.1M	Buy	1,500,000 +441,900	+42%	+$9.41M	0.94%	33
2021 Q3	$30.1M	Buy	1,058,100 +58,100	+6%	+$1.75M	1.24%	25
2021 Q2	$34M	Buy	+1,000,000	New	+$33.7M	1%	26

Other funds holding TLS

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Pinnacle Associates New York $7.78B AUM 45.07% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

WCM

Weber Capital Management San Francisco, California $100M AUM

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Masters Capital Management's TLS Position: Q1 2026 in Review

Masters Capital Management reduced its Telos (TLS) stake by 4.8% in Q1 2026, selling an estimated $473K and leaving 2,000,000 shares worth $8.38M. The position accounts for 0.28% of the portfolio, ranked #65.

Masters Capital Management first reported a position in TLS in Q2 2021 and has held it in 20 quarters since. The position peaked at $34M in Q2 2021. 160 funds tracked by Wall St. Rank hold TLS as of Q1 2026.

Masters Capital Management held 2,000,000 shares of Telos worth $8.38M as of Q1 2026.
Masters Capital Management sold 100,000 Telos shares in Q1 2026, an estimated $473K.
Telos made up 0.28% of Masters Capital Management's portfolio in Q1 2026, its #65 holding.
Masters Capital Management first reported a position in Telos in Q2 2021 and has held it in 20 quarters since.
Masters Capital Management's Telos position peaked at $34M in Q2 2021.
160 funds tracked by Wall St. Rank held Telos as of Q1 2026.

Based on Masters Capital Management's 13F filing for Q1 2026, filed 15 May 2026.