Coerente Capital Management
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), Coerente Capital Management reported 44 stock positions worth $512.3 million. Its top holding was Microsoft (MSFT) at 10.5% of the portfolio, followed by Alphabet Class A (GOOGL, 9.7%) and Fiserv (FISV, 5.4%). Compared with Q1 2024, it sold out of 1, added to 14 and reduced 22. The biggest buy was Amazon.com (AMZN, shares +1%) and the biggest sale CVS Health (CVS, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001860790
- Portfolio Value
- $512.3M (Q2 2024)
- SEC Filing
- 0001860790-24-000003 ↗ filed Jul 29, 2024
Holdings Value
Holdings 44 stocks · $512.3M
| MSFT Microsoft Corp. | 10.51% | 120,460 | $53.8M | Reduce -5.3% |
| GOOGL Alphabet Inc. Class A | 9.67% | 271,934 | $49.5M | Reduce -7.8% |
| FISV Fiserv Inc. | 5.36% | 184,409 | $27.5M | Reduce -2.5% |
| CL Colgate-Palmolive Co. | 4.86% | 256,394 | $24.9M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 4.85% | 128,617 | $24.9M | Add +1.3% |
| ADP Automatic Data Processing | 4.80% | 102,940 | $24.6M | Reduce -0.3% |
| ITW Illinois Tool Works | 4.63% | 99,996 | $23.7M | Add +2.5% |
| ABT Abbott Laboratories | 4.48% | 220,914 | $23.0M | Reduce -1.5% |
| SAP Sap SE-Sponsored ADR | 4.46% | 113,398 | $22.9M | Add +2.5% |
| STZ Constellation Brands Inc. Class A | 4.45% | 88,604 | $22.8M | Add +0.6% |
| JNJ Johnson & Johnson | 4.38% | 153,408 | $22.4M | Reduce -1.5% |
| PEP Pepsico Inc. | 4.22% | 131,228 | $21.6M | Reduce -1.3% |
| CMCSA Comcast Corp. Class A | 3.92% | 513,265 | $20.1M | Reduce -0.3% |
| V Visa Inc. Class A | 3.76% | 73,333 | $19.2M | Add +1.3% |
| PFE Pfizer Inc. | 3.18% | 583,063 | $16.3M | Add +5.9% |
| USB US Bancorp | 3.14% | 404,811 | $16.1M | Add +0.8% |
| SBUX Starbucks Corp. | 3.13% | 206,141 | $16.0M | Add +1.9% |
| EOG EOG Resources Inc. | 2.99% | 121,750 | $15.3M | Add +1.1% |
| ULTA Ulta Beauty Inc. | 2.33% | 30,955 | $11.9M | Add +33.9% |
| CVS CVS Health Corp. | 2.30% | 199,391 | $11.8M | Reduce -5.2% |
| TFC Truist Financial Corp. | 2.26% | 297,927 | $11.6M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 1.80% | 45,496 | $9.2M | Reduce -6.7% |
| VOO Vanguard S&P 500 ETF | 1.29% | 13,200 | $6.6M | No change |
| CVX Chevron Corp. | 0.63% | 20,615 | $3.2M | Reduce -5.4% |
| PG The Procter & Gamble Co. | 0.56% | 17,397 | $2.9M | Reduce -3.9% |
| XOM Exxon Mobil Corp. | 0.24% | 10,613 | $1.2M | Reduce -16.8% |
| GOOG Alphabet Inc. Class C | 0.18% | 5,050 | $926K | Reduce -20.2% |
| EMR Emerson Electric Co. | 0.17% | 8,000 | $881K | Reduce -1.1% |
| BDX Becton Dickinson and Co. | 0.17% | 3,646 | $852K | No change |
| WMT Walmart Inc. | 0.15% | 11,100 | $752K | No change |
| ABBV Abbvie Inc. | 0.14% | 4,200 | $720K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 1,512 | $615K | Reduce -2.6% |
| AAPL Apple Inc. | 0.12% | 2,892 | $609K | Add +13.8% |
| PM Philip Morris International | 0.11% | 5,450 | $552K | Reduce -23.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 915 | $498K | No change |
| COST Costco Wholesale Corp. | 0.09% | 545 | $463K | Add +67.7% |
| DEO Diageo PLC-Sponsored ADR | 0.08% | 3,415 | $431K | No change |
| KMB Kimberly-Clark Corp. | 0.06% | 2,260 | $312K | Reduce -4.2% |
| UNH Unitedhealth Group Inc. | 0.06% | 605 | $308K | Add +39.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 1,750 | $303K | Reduce -14.6% |
| MMM 3M Co. | 0.06% | 2,850 | $291K | No change |
| MRK Merck & Co. Inc. | 0.05% | 2,231 | $276K | Reduce -49.6% |
| MDLZ Mondelez International Inc. Class A | 0.05% | 3,600 | $236K | No change |
| ORCL Oracle Corp. | 0.04% | 1,560 | $220K | Reduce -6.0% |
Portfolio Sells Q1 2024 → Q2 2024
| CVS CVS Health Corp. | Reduce -5.2% | 2.30% | −0.87 |
| FISV Fiserv Inc. | Reduce -2.5% | 5.36% | −0.35 |
| ABT Abbott Laboratories | Reduce -1.5% | 4.48% | −0.34 |
| CMCSA Comcast Corp. Class A | Reduce -0.3% | 3.92% | −0.29 |
| JNJ Johnson & Johnson | Reduce -1.5% | 4.38% | −0.28 |
| PEP Pepsico Inc. | Reduce -1.3% | 4.22% | −0.17 |
| ADP Automatic Data Processing | Reduce -0.3% | 4.80% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -49.6% | 0.05% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -6.7% | 1.80% | −0.05 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -16.8% | 0.24% | −0.04 |
| CVX Chevron Corp. | Reduce -5.4% | 0.63% | −0.02 |
| PM Philip Morris International | Reduce -23.8% | 0.11% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -14.6% | 0.06% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.6% | 0.12% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -20.2% | 0.18% | −0.00 |
| EMR Emerson Electric Co. | Reduce -1.1% | 0.17% | −0.00 |
| KMB Kimberly-Clark Corp. | Reduce -4.2% | 0.06% | +0.00 |
| ORCL Oracle Corp. | Reduce -6.0% | 0.04% | +0.00 |
| PG The Procter & Gamble Co. | Reduce -3.9% | 0.56% | +0.00 |
| MSFT Microsoft Corp. | Reduce -5.3% | 10.51% | +0.39 |
| CL Colgate-Palmolive Co. | Reduce -1.2% | 4.86% | +0.44 |
| GOOGL Alphabet Inc. Class A | Reduce -7.8% | 9.67% | +1.26 |
Portfolio Buys Q1 2024 → Q2 2024
| AMZN Amazon.com Inc. | Add +1.3% | 4.85% | +0.52 |
| SAP Sap SE-Sponsored ADR | Add +2.5% | 4.46% | +0.39 |
| PFE Pfizer Inc. | Add +5.9% | 3.18% | +0.30 |
| EOG EOG Resources Inc. | Add +1.1% | 2.99% | +0.08 |
| TFC Truist Financial Corp. | Add +0.6% | 2.26% | +0.08 |
| ULTA Ulta Beauty Inc. | Add +33.9% | 2.33% | +0.05 |
| COST Costco Wholesale Corp. | Add +67.7% | 0.09% | +0.05 |
| AAPL Apple Inc. | Add +13.8% | 0.12% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +39.1% | 0.06% | +0.02 |
| V Visa Inc. Class A | Add +1.3% | 3.76% | −0.06 |
| STZ Constellation Brands Inc. Class A | Add +0.6% | 4.45% | −0.07 |
| USB US Bancorp | Add +0.8% | 3.14% | −0.26 |
| ITW Illinois Tool Works | Add +2.5% | 4.63% | −0.32 |
| SBUX Starbucks Corp. | Add +1.9% | 3.13% | −0.36 |
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 |