Coerente Capital Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Coerente Capital Management reported 42 stock positions worth $536.1 million. Its top holding was Alphabet Class A (GOOGL) at 9.5% of the portfolio, followed by Microsoft (MSFT, 9.4%) and Fiserv (FISV, 5.9%). Compared with Q3 2024, it sold out of 4, added to 12 and reduced 16. The biggest buy was Amazon.com (AMZN, shares +0%) and the biggest sale CVS Health (CVS, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001860790
- Portfolio Value
- $536.1M (Q4 2024)
- SEC Filing
- 0001860790-25-000001 ↗ filed Jan 24, 2025
Holdings Value
Holdings 42 stocks · $536.1M
| GOOGL Alphabet Inc. Class A | 9.52% | 269,702 | $51.1M | Reduce -0.8% |
| MSFT Microsoft Corp. | 9.42% | 119,809 | $50.5M | Reduce -0.3% |
| FISV Fiserv Inc. | 5.88% | 153,452 | $31.5M | Reduce -7.1% |
| ADP Automatic Data Processing | 5.55% | 101,733 | $29.8M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 5.32% | 130,029 | $28.5M | Add +0.4% |
| SAP Sap SE-Sponsored ADR | 5.21% | 113,348 | $27.9M | Reduce -0.3% |
| ITW Illinois Tool Works | 4.78% | 101,013 | $25.6M | Add +0.1% |
| ABT Abbott Laboratories | 4.68% | 221,764 | $25.1M | Add +0.1% |
| V Visa Inc. Class A | 4.43% | 75,119 | $23.7M | Reduce -0.1% |
| JNJ Johnson & Johnson | 4.27% | 158,365 | $22.9M | Add +1.3% |
| CL Colgate-Palmolive Co. | 4.27% | 251,599 | $22.9M | Reduce -0.1% |
| PEP Pepsico Inc. | 3.76% | 132,646 | $20.2M | Add +1.1% |
| STZ Constellation Brands Inc. Class A | 3.72% | 90,336 | $20.0M | Add +0.8% |
| USB US Bancorp | 3.67% | 411,665 | $19.7M | Add +1.4% |
| CMCSA Comcast Corp. Class A | 3.58% | 511,410 | $19.2M | Reduce -0.3% |
| SBUX Starbucks Corp. | 3.56% | 209,072 | $19.1M | Add +0.0% |
| ULTA Ulta Beauty Inc. | 2.99% | 36,864 | $16.0M | Add +18.8% |
| PFE Pfizer Inc. | 2.94% | 593,678 | $15.8M | Add +0.8% |
| EOG EOG Resources Inc. | 2.80% | 122,484 | $15.0M | Add +0.3% |
| TFC Truist Financial Corp. | 2.43% | 300,669 | $13.0M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 1.97% | 44,026 | $10.6M | Reduce -2.7% |
| VOO Vanguard S&P 500 ETF | 1.28% | 12,700 | $6.8M | No change |
| CVS CVS Health Corp. | 1.02% | 122,196 | $5.5M | Reduce -28.4% |
| CVX Chevron Corp. | 0.56% | 20,915 | $3.0M | No change |
| PG The Procter & Gamble Co. | 0.54% | 17,196 | $2.9M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 0.21% | 10,283 | $1.1M | Reduce -0.1% |
| EMR Emerson Electric Co. | 0.18% | 8,000 | $991K | No change |
| WMT Walmart Inc. | 0.17% | 10,200 | $922K | Reduce -8.1% |
| GOOG Alphabet Inc. Class C | 0.17% | 4,725 | $900K | Reduce -3.1% |
| BDX Becton Dickinson and Co. | 0.15% | 3,646 | $827K | No change |
| ABBV Abbvie Inc. | 0.14% | 4,200 | $746K | No change |
| AAPL Apple Inc. | 0.13% | 2,855 | $715K | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 1,455 | $660K | Reduce -1.4% |
| COST Costco Wholesale Corp. | 0.09% | 525 | $481K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 775 | $454K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.08% | 3,415 | $434K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 1,750 | $385K | No change |
| UNH Unitedhealth Group Inc. | 0.06% | 605 | $306K | No change |
| KMB Kimberly-Clark Corp. | 0.05% | 2,160 | $283K | No change |
| ORCL Oracle Corp. | 0.05% | 1,535 | $256K | No change |
| MDLZ Mondelez International Inc. Class A | 0.04% | 3,600 | $215K | No change |
| MRK Merck & Co. Inc. | 0.04% | 2,158 | $215K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| CVS CVS Health Corp. | Reduce -28.4% | 1.02% | −0.98 |
| CL Colgate-Palmolive Co. | Reduce -0.1% | 4.27% | −0.61 |
| CMCSA Comcast Corp. Class A | Reduce -0.3% | 3.58% | −0.42 |
| MSFT Microsoft Corp. | Reduce -0.3% | 9.42% | −0.23 |
| PM Philip Morris International | Sold out | 0.00% | −0.12 |
| MMM 3M Co. | Sold out | 0.00% | −0.07 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.04 |
| SNN Smith & Nephew PLC -Spon ADR | Sold out | 0.00% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 0.54% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.21% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.4% | 0.12% | −0.00 |
| WMT Walmart Inc. | Reduce -8.1% | 0.17% | +0.00 |
| AAPL Apple Inc. | Reduce -0.3% | 0.13% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.1% | 0.17% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -2.7% | 1.97% | +0.19 |
| ADP Automatic Data Processing | Reduce -0.7% | 5.55% | +0.27 |
| FISV Fiserv Inc. | Reduce -7.1% | 5.88% | +0.34 |
| SAP Sap SE-Sponsored ADR | Reduce -0.3% | 5.21% | +0.35 |
| V Visa Inc. Class A | Reduce -0.1% | 4.43% | +0.57 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 9.52% | +1.11 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +0.4% | 5.32% | +0.82 |
| ULTA Ulta Beauty Inc. | Add +18.8% | 2.99% | +0.74 |
| USB US Bancorp | Add +1.4% | 3.67% | +0.21 |
| TFC Truist Financial Corp. | Add +0.3% | 2.43% | +0.04 |
| EOG EOG Resources Inc. | Add +0.3% | 2.80% | −0.00 |
| ABT Abbott Laboratories | Add +0.1% | 4.68% | −0.03 |
| ITW Illinois Tool Works | Add +0.1% | 4.78% | −0.15 |
| PFE Pfizer Inc. | Add +0.8% | 2.94% | −0.24 |
| SBUX Starbucks Corp. | Add +0.0% | 3.56% | −0.24 |
| PEP Pepsico Inc. | Add +1.1% | 3.76% | −0.40 |
| JNJ Johnson & Johnson | Add +1.3% | 4.27% | −0.45 |
| STZ Constellation Brands Inc. Class A | Add +0.8% | 3.72% | −0.58 |
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 |