SCHEDULE: Global X Management Discloses 2.07% Passive Stake in Telos Corp

Global X Management CO LLC has filed an amended Schedule 13G, reporting a passive beneficial ownership of 2.07% in Telos Corp's common stock as of June 30, 2025.

Summary

• Global X Management CO LLC (GXMC), a Delaware-based investment adviser, has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Telos Corp.
• GXMC beneficially owns 1,522,528 shares of Telos Corp's common stock, representing 2.07% of the class.
• GXMC holds sole voting power and sole dispositive power over all 1,522,528 shares.
• The shares are held by the Global X Cybersecurity ETF, for which GXMC acts as an investment adviser.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Telos Corp.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly sway sentiment positively or negatively.

Positives

• An institutional investment adviser, Global X Management CO LLC, holds a stake in Telos Corp, indicating institutional interest in the company.

Future Outlook

No forward-looking statements or guidance are provided in this beneficial ownership disclosure.

Management Comments

• Global X Management CO LLC certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing reflects a passive investment by an investment adviser specializing in ETFs, specifically a cybersecurity-focused fund, indicating that Telos Corp falls within the investment scope of cybersecurity-related companies. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders may view the disclosure of an institutional investor's stake as a minor positive signal of institutional interest in Telos Corp.

Key Dates

Keywords

Telos Corp, Global X Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Cybersecurity ETF, Institutional Investment