Coerente Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Coerente Capital Management reported 38 stock positions worth $513.3 million. Its top holding was Microsoft (MSFT) at 8.8% of the portfolio, followed by Alphabet Class A (GOOGL, 8.1%) and Fiserv (FISV, 6.5%). Compared with Q4 2024, it sold out of 4, added to 17 and reduced 14. The biggest buy was Abbott Laboratories (ABT, shares +0%) and the biggest sale an exit from Comcast Class A (CMCSA).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001860790
- Portfolio Value
- $513.3M (Q1 2025)
- SEC Filing
- 0001860790-25-000003 ↗ filed Apr 15, 2025
Holdings Value
Holdings 38 stocks · $513.3M
| MSFT Microsoft Corp. | 8.84% | 120,936 | $45.4M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 8.15% | 270,408 | $41.8M | Add +0.3% |
| FISV Fiserv Inc. | 6.52% | 151,654 | $33.5M | Reduce -1.2% |
| ADP Automatic Data Processing | 6.01% | 100,996 | $30.9M | Reduce -0.7% |
| SAP Sap SE-Sponsored ADR | 5.93% | 113,474 | $30.5M | Add +0.1% |
| ABT Abbott Laboratories | 5.73% | 221,777 | $29.4M | Add +0.0% |
| V Visa Inc. Class A | 5.15% | 75,410 | $26.4M | Add +0.4% |
| JNJ Johnson & Johnson | 5.14% | 159,154 | $26.4M | Add +0.5% |
| ITW Illinois Tool Works | 4.92% | 101,807 | $25.2M | Add +0.8% |
| AMZN Amazon.com Inc. | 4.87% | 131,469 | $25.0M | Add +1.1% |
| CL Colgate-Palmolive Co. | 4.61% | 252,322 | $23.6M | Add +0.3% |
| SBUX Starbucks Corp. | 4.00% | 209,114 | $20.5M | Add +0.0% |
| PEP Pepsico Inc. | 3.89% | 133,266 | $20.0M | Add +0.5% |
| STZ Constellation Brands Inc. Class A | 3.84% | 107,400 | $19.7M | Add +18.9% |
| USB US Bancorp | 3.42% | 415,987 | $17.6M | Add +1.1% |
| EOG EOG Resources Inc. | 3.08% | 123,365 | $15.8M | Add +0.7% |
| PFE Pfizer Inc. | 2.97% | 601,217 | $15.2M | Add +1.3% |
| ULTA Ulta Beauty Inc. | 2.66% | 37,296 | $13.7M | Add +1.2% |
| TFC Truist Financial Corp. | 2.48% | 308,734 | $12.7M | Add +2.7% |
| JPM JPMorgan Chase & Co. | 2.10% | 43,946 | $10.8M | Reduce -0.2% |
| CVS CVS Health Corp. | 1.55% | 117,184 | $7.9M | Reduce -4.1% |
| VOO Vanguard S&P 500 ETF | 1.20% | 12,000 | $6.2M | Reduce -5.5% |
| CVX Chevron Corp. | 0.68% | 20,915 | $3.5M | No change |
| PG The Procter & Gamble Co. | 0.51% | 15,359 | $2.6M | Reduce -10.7% |
| XOM Exxon Mobil Corp. | 0.24% | 10,208 | $1.2M | Reduce -0.7% |
| ABBV Abbvie Inc. | 0.17% | 4,200 | $880K | No change |
| EMR Emerson Electric Co. | 0.17% | 8,000 | $877K | No change |
| WMT Walmart Inc. | 0.16% | 9,600 | $843K | Reduce -5.9% |
| BDX Becton Dickinson and Co. | 0.15% | 3,346 | $766K | Reduce -8.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 1,435 | $764K | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 0.14% | 4,580 | $716K | Reduce -3.1% |
| AAPL Apple Inc. | 0.12% | 2,810 | $624K | Reduce -1.6% |
| COST Costco Wholesale Corp. | 0.09% | 475 | $449K | Reduce -9.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,750 | $435K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 775 | $434K | No change |
| UNH Unitedhealth Group Inc. | 0.06% | 605 | $317K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.06% | 3,000 | $314K | Reduce -12.2% |
| KMB Kimberly-Clark Corp. | 0.06% | 2,160 | $307K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −3.58 |
| VOO Vanguard S&P 500 ETF | Reduce -5.5% | 1.20% | −0.07 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -3.1% | 0.14% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -10.7% | 0.51% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -12.2% | 0.06% | −0.02 |
| AAPL Apple Inc. | Reduce -1.6% | 0.12% | −0.01 |
| WMT Walmart Inc. | Reduce -5.9% | 0.16% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -8.2% | 0.15% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -9.5% | 0.09% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.4% | 0.15% | +0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.7% | 0.24% | +0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 2.10% | +0.13 |
| ADP Automatic Data Processing | Reduce -0.7% | 6.01% | +0.46 |
| CVS CVS Health Corp. | Reduce -4.1% | 1.55% | +0.52 |
| FISV Fiserv Inc. | Reduce -1.2% | 6.52% | +0.64 |
Portfolio Buys Q4 2024 → Q1 2025
| ABT Abbott Laboratories | Add +0.0% | 5.73% | +1.05 |
| JNJ Johnson & Johnson | Add +0.5% | 5.14% | +0.87 |
| SAP Sap SE-Sponsored ADR | Add +0.1% | 5.93% | +0.73 |
| V Visa Inc. Class A | Add +0.4% | 5.15% | +0.72 |
| SBUX Starbucks Corp. | Add +0.0% | 4.00% | +0.44 |
| CL Colgate-Palmolive Co. | Add +0.3% | 4.61% | +0.34 |
| EOG EOG Resources Inc. | Add +0.7% | 3.08% | +0.28 |
| ITW Illinois Tool Works | Add +0.8% | 4.92% | +0.14 |
| PEP Pepsico Inc. | Add +0.5% | 3.89% | +0.13 |
| STZ Constellation Brands Inc. Class A | Add +18.9% | 3.84% | +0.12 |
| TFC Truist Financial Corp. | Add +2.7% | 2.48% | +0.04 |
| PFE Pfizer Inc. | Add +1.3% | 2.97% | +0.03 |
| USB US Bancorp | Add +1.1% | 3.42% | −0.25 |
| ULTA Ulta Beauty Inc. | Add +1.2% | 2.66% | −0.33 |
| AMZN Amazon.com Inc. | Add +1.1% | 4.87% | −0.45 |
| MSFT Microsoft Corp. | Add +0.9% | 8.84% | −0.57 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 8.15% | −1.38 |
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 |