Coho Partners, Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Coho Partners, Ltd. reported 36 stock positions worth $1.7 billion. Its top holding was Cencora (COR) at 5.2% of the portfolio, followed by Unitedhealth (UNH, 5.0%) and Sysco (SYY, 4.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 5, added to 1 and reduced 30. The biggest buy was a new position in Quest Diagnostics (DGX) and the biggest sale an exit from Baxter International (BAX).
- Most Recent 13F
- Q3 2025
- Location
- BERWYN, PA
- CIK
- 0001350585
- Portfolio Value
- $1.7B (Q1 2025)
- SEC Filing
- 0001350585-25-000004 ↗ filed Apr 22, 2025
Holdings Value
Holdings 36 stocks · $1.7B
| COR Cencora Inc. | 5.24% | 312,153 | $86.8M | Reduce -28.2% |
| UNH Unitedhealth Group Inc. | 5.00% | 158,085 | $82.8M | Reduce -29.6% |
| SYY Sysco Corp. | 4.09% | 902,830 | $67.7M | Reduce -27.8% |
| MRSH Marsh & McLennan Cos | 4.03% | 273,841 | $66.8M | Reduce -29.0% |
| ROST Ross Stores Inc. | 4.02% | 520,529 | $66.5M | Reduce -29.1% |
| LOW Lowe's Cos Inc. | 3.93% | 279,337 | $65.1M | Reduce -28.7% |
| TMO Thermo Fisher Scientific Inc. | 3.80% | 126,369 | $62.9M | Reduce -27.4% |
| PM Philip Morris International | 3.78% | 394,593 | $62.6M | Reduce -27.3% |
| AZO AutoZone Inc. | 3.71% | 16,128 | $61.5M | Reduce -30.1% |
| JNJ Johnson & Johnson | 3.63% | 362,647 | $60.1M | Reduce -26.2% |
| MDLZ Mondelez International Inc. Class A | 3.50% | 855,075 | $58.0M | Reduce -27.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.50% | 587,229 | $58.0M | Reduce -27.6% |
| IWD iShares Russell 1000 Value E | 3.48% | 306,766 | $57.7M | Add +44.5% |
| KDP Keurig Dr Pepper Inc. | 3.48% | 1,686,593 | $57.7M | Reduce -21.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 3.47% | 807,778 | $57.5M | Reduce -28.4% |
| AMGN Amgen Inc. | 3.44% | 183,148 | $57.1M | Reduce -29.4% |
| SCI Service Corp. International | 3.38% | 697,398 | $55.9M | Reduce -30.1% |
| MDT Medtronic PLC | 3.32% | 612,594 | $55.0M | Reduce -27.9% |
| ABT Abbott Laboratories | 3.20% | 399,865 | $53.0M | Reduce -28.4% |
| USB US Bancorp | 3.05% | 1,198,345 | $50.6M | Reduce -28.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 2.95% | 49,449 | $48.8M | Reduce -29.0% |
| CVX Chevron Corp. | 2.92% | 289,032 | $48.4M | Reduce -25.8% |
| MCHP Microchip Technology Inc. | 2.56% | 874,904 | $42.4M | Reduce -27.5% |
| GPN Global Payments Inc. | 2.50% | 423,233 | $41.4M | Reduce -25.2% |
| KO The Coca-Cola Co. | 2.45% | 567,065 | $40.6M | Reduce -28.2% |
| APD Air Products & Chemicals Inc. | 2.34% | 131,506 | $38.8M | Reduce -30.6% |
| STT State Street Corp. | 2.18% | 403,764 | $36.1M | Reduce -31.4% |
| UPS United Parcel Service Class B | 2.10% | 316,525 | $34.8M | Reduce -15.2% |
| STZ Constellation Brands Inc. Class A | 1.92% | 173,644 | $31.9M | Reduce -20.1% |
| DGX Quest Diagnostics Inc. | 1.86% | 182,263 | $30.8M | New |
| CL Colgate-Palmolive Co. | 0.31% | 54,537 | $5.1M | Reduce -38.8% |
| KVUE Kenvue Inc. | 0.30% | 206,953 | $5.0M | Reduce -38.2% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 70,803 | $4.3M | New |
| CVS CVS Health Corp. | 0.14% | 34,746 | $2.4M | No change |
| NKE Nike Inc. Class B | 0.10% | 27,385 | $1.7M | No change |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.02% | 2,714 | $321K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| BAX Baxter International Inc. | Sold out | 0.00% | −1.54 |
| ROST Ross Stores Inc. | Reduce -29.1% | 4.02% | −1.09 |
| DIS The Walt Disney Co. | Reduce -27.6% | 3.50% | −0.66 |
| USB US Bancorp | Reduce -28.8% | 3.05% | −0.65 |
| MCHP Microchip Technology Inc. | Reduce -27.5% | 2.56% | −0.63 |
| LOW Lowe's Cos Inc. | Reduce -28.7% | 3.93% | −0.52 |
| STT State Street Corp. | Reduce -31.4% | 2.18% | −0.47 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.43 |
| GWW WW Grainger Inc. | Reduce -29.0% | 2.95% | −0.43 |
| GPN Global Payments Inc. | Reduce -25.2% | 2.50% | −0.41 |
| TMO Thermo Fisher Scientific Inc. | Reduce -27.4% | 3.80% | −0.36 |
| SYY Sysco Corp. | Reduce -27.8% | 4.09% | −0.31 |
| STZ Constellation Brands Inc. Class A | Reduce -20.1% | 1.92% | −0.29 |
| SCI Service Corp. International | Reduce -30.1% | 3.38% | −0.28 |
| UNH Unitedhealth Group Inc. | Reduce -29.6% | 5.00% | −0.23 |
| APD Air Products & Chemicals Inc. | Reduce -30.6% | 2.34% | −0.18 |
| CL Colgate-Palmolive Co. | Reduce -38.8% | 0.31% | −0.06 |
| UPS United Parcel Service Class B | Reduce -15.2% | 2.10% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.04 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.03 |
| KVUE Kenvue Inc. | Reduce -38.2% | 0.30% | −0.03 |
| VONV Vanguard Russell 1000 Value | Sold out | 0.00% | −0.01 |
| KO The Coca-Cola Co. | Reduce -28.2% | 2.45% | +0.19 |
| MDT Medtronic PLC | Reduce -27.9% | 3.32% | +0.20 |
| MDLZ Mondelez International Inc. Class A | Reduce -27.8% | 3.50% | +0.25 |
| MRSH Marsh & McLennan Cos | Reduce -29.0% | 4.03% | +0.27 |
| ABT Abbott Laboratories | Reduce -28.4% | 3.20% | +0.30 |
| AZO AutoZone Inc. | Reduce -30.1% | 3.71% | +0.31 |
| CVX Chevron Corp. | Reduce -25.8% | 2.92% | +0.33 |
| KDP Keurig Dr Pepper Inc. | Reduce -21.1% | 3.48% | +0.33 |
| AMGN Amgen Inc. | Reduce -29.4% | 3.44% | +0.34 |
| JNJ Johnson & Johnson | Reduce -26.2% | 3.63% | +0.36 |
| WRB WR Berkley Corp. | Reduce -28.4% | 3.47% | +0.43 |
| COR Cencora Inc. | Reduce -28.2% | 5.24% | +0.75 |
| PM Philip Morris International | Reduce -27.3% | 3.78% | +0.78 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 32 | $779.1M | ROST, COR, USB, SYY, LOW |
| Q2 2025 | 34 | $1.3B | ROST, COR, DIS, KDP, SYY |
| Q1 2025 | 36 | $1.7B | COR, UNH, SYY, MRSH, ROST |
| Q4 2024 | 39 | $2.2B | UNH, ROST, COR, LOW, SYY |
| Q3 2024 | 35 | $2.7B | LOW, UNH, ROST, COR, SYY |
| Q2 2024 | 40 | $2.9B | MCHP, ROST, COR, LOW, UNH |
| Q1 2024 | 75 | $4.1B | LOW, COR, MCHP, ROST, SYY |