Coerente Capital Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Coerente Capital Management reported 49 stock positions worth $548.0 million. Its top holding was Alphabet Class A (GOOGL) at 11.2% of the portfolio, followed by Microsoft (MSFT, 9.9%) and Johnson & Johnson (JNJ, 6.0%). Compared with Q3 2025, it opened 11 new positions, sold out of 1, added to 19 and reduced 12. The biggest buy was Johnson & Johnson (JNJ, shares +0%) and the biggest sale Fiserv (FISV, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001860790
- Portfolio Value
- $548.0M (Q4 2025)
- SEC Filing
- 0001860790-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 49 stocks · $548.0M
| GOOGL Alphabet Inc. Class A | 11.24% | 196,810 | $61.6M | Reduce -26.2% |
| MSFT Microsoft Corp. | 9.94% | 112,598 | $54.5M | Add +1.9% |
| JNJ Johnson & Johnson | 6.02% | 159,434 | $33.0M | Add +0.2% |
| AMZN Amazon.com Inc. | 5.77% | 136,985 | $31.6M | Add +3.2% |
| SAP Sap SE-Sponsored ADR | 5.14% | 116,055 | $28.2M | Add +3.2% |
| ABT Abbott Laboratories | 5.06% | 221,407 | $27.7M | Add +0.7% |
| V Visa Inc. Class A | 4.81% | 75,154 | $26.4M | Reduce -0.2% |
| ITW Illinois Tool Works | 4.74% | 105,511 | $26.0M | Add +0.1% |
| ADP Automatic Data Processing | 4.45% | 94,837 | $24.4M | Add +1.5% |
| ULTA Ulta Beauty Inc. | 4.18% | 37,876 | $22.9M | Add +1.1% |
| USB US Bancorp | 4.18% | 429,428 | $22.9M | Reduce -0.0% |
| PEP Pepsico Inc. | 3.72% | 141,997 | $20.4M | Add +2.5% |
| CL Colgate-Palmolive Co. | 3.71% | 257,014 | $20.3M | Add +1.2% |
| SBUX Starbucks Corp. | 3.27% | 212,592 | $17.9M | Add +0.7% |
| PFE Pfizer Inc. | 3.03% | 667,005 | $16.6M | Reduce -4.4% |
| TFC Truist Financial Corp. | 2.96% | 329,867 | $16.2M | Reduce -0.3% |
| OTIS Otis Worldwide Corp. | 2.87% | 180,066 | $15.7M | Add +11.1% |
| EOG EOG Resources Inc. | 2.76% | 144,176 | $15.1M | Add +6.1% |
| JPM JPMorgan Chase & Co. | 2.49% | 42,303 | $13.6M | Add +0.3% |
| STZ Constellation Brands Inc. Class A | 1.94% | 76,986 | $10.6M | Reduce -30.8% |
| VOO Vanguard S&P 500 ETF | 1.37% | 12,000 | $7.5M | No change |
| FISV Fiserv Inc. | 1.25% | 102,326 | $6.9M | Reduce -41.4% |
| CVS CVS Health Corp. | 1.08% | 74,668 | $5.9M | Reduce -27.2% |
| CVX Chevron Corp. | 0.59% | 21,295 | $3.2M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 0.44% | 7,608 | $2.4M | Add +73.5% |
| PG The Procter & Gamble Co. | 0.33% | 12,516 | $1.8M | Add +7.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 2,787 | $1.4M | Add +100.9% |
| XOM Exxon Mobil Corp. | 0.22% | 10,023 | $1.2M | Reduce -1.1% |
| IBKR Interactive Brokers Gro Class A | 0.21% | 17,840 | $1.1M | New |
| WMT Walmart Inc. | 0.20% | 9,600 | $1.1M | No change |
| EMR Emerson Electric Co. | 0.19% | 7,950 | $1.1M | No change |
| ORCL Oracle Corp. | 0.19% | 5,300 | $1.0M | Add +298.5% |
| ABBV Abbvie Inc. | 0.18% | 4,200 | $960K | No change |
| BDX Becton Dickinson and Co. | 0.15% | 4,132 | $802K | Add +25.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.11% | 4,005 | $615K | New |
| CB Chubb Ltd. | 0.10% | 1,750 | $546K | New |
| MA Mastercard Inc. Class A | 0.10% | 950 | $542K | New |
| AAPL Apple Inc. | 0.10% | 1,985 | $540K | Reduce -18.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 1,750 | $518K | No change |
| GWRE Guidewire Software Inc. | 0.09% | 2,530 | $509K | New |
| BSX Boston Scientific Corp. | 0.08% | 4,440 | $423K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 515 | $351K | Reduce -16.3% |
| SHW The Sherwin-Williams Co. | 0.06% | 935 | $303K | New |
| UNH Unitedhealth Group Inc. | 0.06% | 915 | $302K | New |
| IQV Iqvia Holdings Inc. | 0.05% | 1,228 | $277K | New |
| DEO Diageo PLC-Sponsored ADR | 0.05% | 3,000 | $259K | No change |
| CPRT Copart Inc. | 0.04% | 5,860 | $229K | New |
| KMB Kimberly-Clark Corp. | 0.04% | 2,160 | $218K | No change |
| MRK Merck & Co. Inc. | 0.04% | 1,958 | $206K | New |
Portfolio Sells Q3 2025 → Q4 2025
| FISV Fiserv Inc. | Reduce -41.4% | 1.25% | −2.75 |
| STZ Constellation Brands Inc. Class A | Reduce -30.8% | 1.94% | −0.72 |
| CVS CVS Health Corp. | Reduce -27.2% | 1.08% | −0.29 |
| GOOGL Alphabet Inc. Class A | Reduce -26.2% | 11.24% | −0.28 |
| PFE Pfizer Inc. | Reduce -4.4% | 3.03% | −0.13 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.06 |
| AAPL Apple Inc. | Reduce -18.8% | 0.10% | −0.01 |
| CVX Chevron Corp. | Reduce -2.3% | 0.59% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.3% | 0.06% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -1.1% | 0.22% | +0.02 |
| V Visa Inc. Class A | Reduce -0.2% | 4.81% | +0.24 |
| TFC Truist Financial Corp. | Reduce -0.3% | 2.96% | +0.28 |
| USB US Bancorp | Reduce -0.0% | 4.18% | +0.49 |
Portfolio Buys Q3 2025 → Q4 2025
| JNJ Johnson & Johnson | Add +0.2% | 6.02% | +0.78 |
| AMZN Amazon.com Inc. | Add +3.2% | 5.77% | +0.59 |
| ULTA Ulta Beauty Inc. | Add +1.1% | 4.18% | +0.55 |
| PEP Pepsico Inc. | Add +2.5% | 3.72% | +0.26 |
| GOOG Alphabet Inc. Class C | Add +73.5% | 0.44% | +0.25 |
| OTIS Otis Worldwide Corp. | Add +11.1% | 2.87% | +0.24 |
| IBKR Interactive Brokers Gro Class A | New | 0.21% | +0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +100.9% | 0.26% | +0.13 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 2.49% | +0.12 |
| ORCL Oracle Corp. | Add +298.5% | 0.19% | +0.12 |
| TJX TJX Companies Inc. | New | 0.11% | +0.11 |
| CB Chubb Ltd. | New | 0.10% | +0.10 |
| CL Colgate-Palmolive Co. | Add +1.2% | 3.71% | +0.10 |
| MA Mastercard Inc. Class A | New | 0.10% | +0.10 |
| SBUX Starbucks Corp. | Add +0.7% | 3.27% | +0.09 |
| GWRE Guidewire Software Inc. | New | 0.09% | +0.09 |
| BSX Boston Scientific Corp. | New | 0.08% | +0.08 |
| EOG EOG Resources Inc. | Add +6.1% | 2.76% | +0.06 |
| SHW The Sherwin-Williams Co. | New | 0.06% | +0.06 |
| UNH Unitedhealth Group Inc. | New | 0.06% | +0.06 |
| IQV Iqvia Holdings Inc. | New | 0.05% | +0.05 |
| CPRT Copart Inc. | New | 0.04% | +0.04 |
| MRK Merck & Co. Inc. | New | 0.04% | +0.04 |
| BDX Becton Dickinson and Co. | Add +25.5% | 0.15% | +0.04 |
| PG The Procter & Gamble Co. | Add +7.8% | 0.33% | +0.01 |
| ITW Illinois Tool Works | Add +0.1% | 4.74% | −0.14 |
| ABT Abbott Laboratories | Add +0.7% | 5.06% | −0.17 |
| SAP Sap SE-Sponsored ADR | Add +3.2% | 5.14% | −0.19 |
| MSFT Microsoft Corp. | Add +1.9% | 9.94% | −0.22 |
| ADP Automatic Data Processing | Add +1.5% | 4.45% | −0.42 |
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 |