Coerente Capital Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 22, 2024), Coerente Capital Management reported 45 stock positions worth $529.1 million. Its top holding was Microsoft (MSFT) at 10.1% of the portfolio, followed by Alphabet Class A (GOOGL, 8.4%) and Fiserv (FISV, 5.7%). Compared with Q4 2023, it opened 5 new positions, sold out of 1, added to 18 and reduced 21. The biggest buy was Amazon.com (AMZN, shares +1%) and the biggest sale Comcast Class A (CMCSA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001860790
- Portfolio Value
- $529.1M (Q1 2024)
- SEC Filing
- 0001860790-24-000002 ↗ filed Apr 22, 2024
Holdings Value
Holdings 45 stocks · $529.1M
| MSFT Microsoft Corp. | 10.12% | 127,252 | $53.5M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 8.41% | 294,916 | $44.5M | Reduce -0.6% |
| FISV Fiserv Inc. | 5.71% | 189,160 | $30.2M | Reduce -2.4% |
| ITW Illinois Tool Works | 4.95% | 97,557 | $26.2M | Reduce -1.2% |
| ADP Automatic Data Processing | 4.88% | 103,292 | $25.8M | Reduce -0.1% |
| ABT Abbott Laboratories | 4.82% | 224,209 | $25.5M | Reduce -1.0% |
| JNJ Johnson & Johnson | 4.66% | 155,807 | $24.6M | Add +1.6% |
| STZ Constellation Brands Inc. Class A | 4.52% | 88,043 | $23.9M | Reduce -0.9% |
| CL Colgate-Palmolive Co. | 4.42% | 259,600 | $23.4M | Reduce -0.3% |
| PEP Pepsico Inc. | 4.40% | 132,922 | $23.3M | Add +0.3% |
| AMZN Amazon.com Inc. | 4.33% | 126,974 | $22.9M | Add +0.9% |
| CMCSA Comcast Corp. Class A | 4.22% | 514,665 | $22.3M | Reduce -1.1% |
| SAP Sap SE-Sponsored ADR | 4.08% | 110,612 | $21.6M | Reduce -1.0% |
| V Visa Inc. Class A | 3.82% | 72,383 | $20.2M | Add +2.2% |
| SBUX Starbucks Corp. | 3.49% | 202,290 | $18.5M | Add +1.1% |
| USB US Bancorp | 3.39% | 401,640 | $18.0M | Add +0.1% |
| CVS CVS Health Corp. | 3.17% | 210,256 | $16.8M | Reduce -0.3% |
| EOG EOG Resources Inc. | 2.91% | 120,393 | $15.4M | Add +2.7% |
| PFE Pfizer Inc. | 2.89% | 550,705 | $15.3M | Add +1.3% |
| ULTA Ulta Beauty Inc. | 2.29% | 23,121 | $12.1M | Reduce -0.2% |
| TFC Truist Financial Corp. | 2.18% | 296,157 | $11.5M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 1.85% | 48,761 | $9.8M | Add +12.8% |
| VOO Vanguard S&P 500 ETF | 1.20% | 13,200 | $6.3M | Reduce -3.6% |
| CVX Chevron Corp. | 0.65% | 21,790 | $3.4M | Add +6.1% |
| PG The Procter & Gamble Co. | 0.56% | 18,107 | $2.9M | Add +23.7% |
| XOM Exxon Mobil Corp. | 0.28% | 12,748 | $1.5M | Add +30.1% |
| GOOG Alphabet Inc. Class C | 0.18% | 6,330 | $964K | Reduce -2.5% |
| EMR Emerson Electric Co. | 0.17% | 8,092 | $918K | Add +85.6% |
| BDX Becton Dickinson and Co. | 0.17% | 3,646 | $902K | Add +44.6% |
| ABBV Abbvie Inc. | 0.14% | 4,200 | $765K | Add +174.0% |
| WMT Walmart Inc. | 0.13% | 11,100 | $668K | New |
| PM Philip Morris International | 0.12% | 7,150 | $655K | Add +123.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 1,552 | $653K | Reduce -2.8% |
| MRK Merck & Co. Inc. | 0.11% | 4,431 | $585K | Reduce -5.3% |
| DEO Diageo PLC-Sponsored ADR | 0.10% | 3,415 | $508K | Add +126.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 915 | $479K | Reduce -11.6% |
| AAPL Apple Inc. | 0.08% | 2,542 | $436K | Add +4.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 2,050 | $391K | New |
| KMB Kimberly-Clark Corp. | 0.06% | 2,360 | $305K | Reduce -4.1% |
| MMM 3M Co. | 0.06% | 2,850 | $302K | New |
| MDLZ Mondelez International Inc. Class A | 0.05% | 3,600 | $252K | New |
| COST Costco Wholesale Corp. | 0.04% | 325 | $238K | Reduce -4.4% |
| ACN Accenture PLC Class A | 0.04% | 640 | $222K | New |
| UNH Unitedhealth Group Inc. | 0.04% | 435 | $215K | No change |
| ORCL Oracle Corp. | 0.04% | 1,660 | $209K | Reduce -13.8% |
Portfolio Sells Q4 2023 → Q1 2024
| CMCSA Comcast Corp. Class A | Reduce -1.1% | 4.22% | −0.45 |
| ITW Illinois Tool Works | Reduce -1.2% | 4.95% | −0.34 |
| ABT Abbott Laboratories | Reduce -1.0% | 4.82% | −0.28 |
| CVS CVS Health Corp. | Reduce -0.3% | 3.17% | −0.23 |
| TFC Truist Financial Corp. | Reduce -2.2% | 2.18% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -0.6% | 8.41% | −0.07 |
| ADP Automatic Data Processing | Reduce -0.1% | 4.88% | −0.05 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.05 |
| ULTA Ulta Beauty Inc. | Reduce -0.2% | 2.29% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -3.6% | 1.20% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -11.6% | 0.09% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -2.5% | 0.18% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -4.1% | 0.06% | −0.00 |
| ORCL Oracle Corp. | Reduce -13.8% | 0.04% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -4.4% | 0.04% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -5.3% | 0.11% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.12% | +0.01 |
| MSFT Microsoft Corp. | Reduce -3.2% | 10.12% | +0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -0.9% | 4.52% | +0.13 |
| CL Colgate-Palmolive Co. | Reduce -0.3% | 4.42% | +0.18 |
| FISV Fiserv Inc. | Reduce -2.4% | 5.71% | +0.45 |
| SAP Sap SE-Sponsored ADR | Reduce -1.0% | 4.08% | +0.54 |
Portfolio Buys Q4 2023 → Q1 2024
| AMZN Amazon.com Inc. | Add +0.9% | 4.33% | +0.42 |
| JPM JPMorgan Chase & Co. | Add +12.8% | 1.85% | +0.34 |
| WMT Walmart Inc. | New | 0.13% | +0.13 |
| PG The Procter & Gamble Co. | Add +23.7% | 0.56% | +0.12 |
| ABBV Abbvie Inc. | Add +174.0% | 0.14% | +0.10 |
| EMR Emerson Electric Co. | Add +85.6% | 0.17% | +0.09 |
| XOM Exxon Mobil Corp. | Add +30.1% | 0.28% | +0.08 |
| IBM Intl Business Machines Corp. | New | 0.07% | +0.07 |
| PM Philip Morris International | Add +123.4% | 0.12% | +0.06 |
| MMM 3M Co. | New | 0.06% | +0.06 |
| DEO Diageo PLC-Sponsored ADR | Add +126.2% | 0.10% | +0.05 |
| MDLZ Mondelez International Inc. Class A | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +2.2% | 3.82% | +0.05 |
| BDX Becton Dickinson and Co. | Add +44.6% | 0.17% | +0.04 |
| ACN Accenture PLC Class A | New | 0.04% | +0.04 |
| CVX Chevron Corp. | Add +6.1% | 0.65% | +0.02 |
| EOG EOG Resources Inc. | Add +2.7% | 2.91% | +0.01 |
| AAPL Apple Inc. | Add +4.4% | 0.08% | −0.01 |
| USB US Bancorp | Add +0.1% | 3.39% | −0.16 |
| PEP Pepsico Inc. | Add +0.3% | 4.40% | −0.21 |
| JNJ Johnson & Johnson | Add +1.6% | 4.66% | −0.26 |
| PFE Pfizer Inc. | Add +1.3% | 2.89% | −0.31 |
| SBUX Starbucks Corp. | Add +1.1% | 3.49% | −0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $543.3M | GOOGL, MSFT, JNJ, AMZN, V |
| Q1 2026 | 47 | $537.4M | GOOGL, MSFT, JNJ, AMZN, ITW |
| Q4 2025 | 49 | $548.0M | GOOGL, MSFT, JNJ, AMZN, SAP |
| Q3 2025 | 39 | $563.0M | GOOGL, MSFT, SAP, JNJ, ABT |
| Q2 2025 | 39 | $543.8M | MSFT, GOOGL, SAP, ABT, AMZN |
| Q1 2025 | 38 | $513.3M | MSFT, GOOGL, FISV, ADP, SAP |
| Q4 2024 | 42 | $536.1M | GOOGL, MSFT, FISV, ADP, AMZN |
| Q3 2024 | 46 | $536.2M | MSFT, GOOGL, FISV, ADP, ITW |
| Q2 2024 | 44 | $512.3M | MSFT, GOOGL, FISV, CL, AMZN |
| Q1 2024 | 45 | $529.1M | MSFT, GOOGL, FISV, ITW, ADP |