Noesis Capital Mangement Corp.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Noesis Capital Mangement Corp. reported 105 stock positions worth $451.0 million. Its top holding was Alphabet Class C (GOOG) at 6.5% of the portfolio, followed by JPMorgan Chase (JPM, 5.6%) and American Express (AXP, 5.1%). Compared with Q1 2024, it opened 17 new positions, sold out of 5, added to 31 and reduced 35. The biggest buy was a new position in Alerian MLP ETN2044 (AMJB) and the biggest sale an exit from Pepsico (PEP).

Most Recent 13F
Q2 2026
Location
BOCA RATON, FL
CIK
0001262677
Portfolio Value
$451.0M (Q2 2024)
SEC Filing
0001262677-24-000002 ↗ filed Aug 5, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $450.3M Q1 2024 Q2 2024: $451.0M $451.0M Q2 2024 Q3 2024: $503.8M Q3 2024 Q4 2024: $524.0M Q4 2024 Q1 2025: $502.8M Q1 2025 Q2 2025: $575.8M Q2 2025 Q3 2025: $644.2M Q3 2025 Q4 2025: $689.6M Q4 2025 Q1 2026: $676.4M Q1 2026 Q2 2026: $831.6M Q2 2026

Holdings 105 stocks · $451.0M
GOOG Alphabet Inc. Class C 6.53% 160,499 $29.4M Reduce -0.4%
JPM JPMorgan Chase & Co. 5.62% 125,235 $25.3M Add +0.1%
AXP American Express Co. 5.11% 99,503 $23.0M Add +0.1%
APH Amphenol Corp. Class A 4.94% 330,778 $22.3M Reduce -0.6%
QCOM Qualcomm Inc. 4.74% 107,350 $21.4M Reduce -0.8%
SYK Stryker Corp. 4.54% 60,133 $20.5M Add +0.9%
TSM Taiwan Semiconductor-SP ADR 4.04% 104,794 $18.2M Add +0.3%
A Agilent Technologies Inc. 3.09% 107,593 $13.9M Reduce -0.4%
LOW Lowe's Cos Inc. 2.99% 61,196 $13.5M Reduce -0.1%
RCL Royal Caribbean Cruises Ltd. 2.87% 81,297 $13.0M Reduce -1.2%
LIN Linde PLC 2.84% 29,223 $12.8M Reduce -0.2%
CAT Caterpillar Inc. 2.82% 38,230 $12.7M Reduce -0.8%
MRK Merck & Co. Inc. 2.78% 101,120 $12.5M Reduce -0.1%
IGV iShares Expanded Tech-Softwa 2.69% 139,527 $12.1M Add +1.7%
SRCL Stericycle Inc. 2.59% 201,100 $11.7M Reduce -1.1%
ECL Ecolab Inc. 2.54% 48,063 $11.4M Reduce -0.7%
NEE Nextera Energy Inc. 2.41% 153,746 $10.9M Reduce -0.3%
CMI Cummins Inc. 2.22% 36,211 $10.0M Reduce -0.3%
NKE Nike Inc. Class B 2.08% 124,489 $9.4M Reduce -0.3%
JPST JPMorgan Ultra-Short Income 1.93% 172,164 $8.7M Add +27.7%
UPS United Parcel Service Class B 1.86% 61,366 $8.4M Reduce -1.6%
V Visa Inc. Class A 1.73% 29,792 $7.8M Add +3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.73% 78,422 $7.8M Add +5.5%
MDT Medtronic PLC 1.72% 98,784 $7.8M Add +3.5%
GILD Gilead Sciences Inc. 1.70% 111,688 $7.7M Add +0.0%
MSFT Microsoft Corp. 1.56% 15,704 $7.0M Add +2.5%
IJR iShares Core S&P Small-Cap E 1.48% 62,612 $6.7M Reduce -4.7%
TSLA Tesla Inc. 1.46% 33,230 $6.6M No change
SE Sea Ltd.-ADR 1.41% 89,045 $6.4M Reduce -0.8%
AAPL Apple Inc. 1.40% 30,007 $6.3M Add +3.3%
PGX Invesco Preferred ETF 1.13% 442,150 $5.1M Add +1.6%
AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC 1.09% 170,255 $4.9M New
GOOGL Alphabet Inc. Class A 1.09% 26,912 $4.9M Reduce -1.7%
DIVO Amplify CWP Enhan Divid ETF 0.71% 82,243 $3.2M Add +1.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.70% 66,698 $3.1M Reduce -4.6%
JSCP JPMorgan Short Duration Core 0.65% 63,541 $2.9M Reduce -12.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.62% 5,102 $2.8M Add +9.2%
LRCX Lam Research Corp. 0.42% 1,787 $1.9M Reduce -0.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.42% 11,853 $1.9M Reduce -4.4%
PFF iShares Preferred & Income S 0.38% 54,733 $1.7M Reduce -2.0%
AMZN Amazon.com Inc. 0.33% 7,611 $1.5M Add +4.3%
NVDA Nvidia Corp. 0.29% 10,670 $1.3M Add +86.5%
JNJ Johnson & Johnson 0.26% 8,082 $1.2M Add +0.6%
XLK SS Technology Select Sector 0.26% 5,100 $1.2M Reduce -1.0%
AME Ametek Inc. 0.24% 6,419 $1.1M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.22% 2,654 $993K Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 0.22% 2,411 $981K Add +34.5%
BLK BlackRock Finance Inc. 0.21% 1,225 $964K Reduce -0.8%
EEM iShares MSCI Emerging Market 0.19% 20,412 $869K Add +0.4%
MUB iShares National Muni Bond E 0.19% 8,118 $865K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.18% 12,055 $821K Reduce -1.4%
XOM Exxon Mobil Corp. 0.17% 6,727 $774K Add +2.2%
IEFA iShares Core MSCI Eafe ETF 0.17% 10,352 $752K Add +2.5%
MRSH Marsh & McLennan Cos 0.16% 3,500 $738K No change
DLN Wisdomtree US Largecap Divid 0.16% 10,000 $728K No change
JNK SS SPDR BB High Yield Bond 0.16% 7,563 $713K No change
TAIT Taitron Components Inc. Class A 0.16% 264,397 $701K No change
QQQ Invesco QQQ Trust Series 1 0.15% 1,442 $691K No change
XLV SS Health Care Select Sector 0.15% 4,495 $655K Reduce -1.6%
SDY SS SPDR S&P Dividend ETF 0.14% 5,034 $640K Reduce -19.5%
VGT Vanguard Info Tech ETF 0.14% 1,091 $629K New
HD Home Depot Inc. 0.14% 1,774 $611K No change
ET Energy Transfer LP 0.13% 37,446 $607K Add +26.0%
SAN Banco Santander SA-Spon ADR 0.12% 115,000 $532K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.12% 6,755 $521K Reduce -3.4%
BBVA Banco Bilbao Vizcaya-SP ADR 0.10% 46,297 $464K No change
AGG iShares Core U.S. Aggregate 0.10% 4,633 $450K Add +50.7%
ORCL Oracle Corp. 0.10% 3,149 $445K No change
PFE Pfizer Inc. 0.10% 15,590 $436K Add +4.0%
FNDX Schwab Fndmntl US LRG Co. ETF 0.10% 6,480 $434K New
ILCG iShares Morningstar Growth E 0.09% 5,174 $421K No change
XLY SS Consumer Disc Select Sect 0.09% 2,175 $397K New
AZN Astrazeneca PLC-Spons ADR 0.09% 5,009 $391K No change
DXJ Wisdomtree Japan Hedged Eq 0.09% 3,448 $389K New
VHT Vanguard Health Care ETF 0.08% 1,351 $359K New
IVV iShares Core S&P 500 ETF 0.08% 654 $358K Add +68.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.08% 912 $357K Reduce -16.5%
AMD Advanced Micro Devices 0.08% 2,184 $354K Add +9.2%
ACM Aecom 0.08% 4,000 $353K No change
SCHW Schwab (charles) Corp. 0.08% 4,753 $350K No change
IEMG iShares Core MSCI Emerging 0.07% 6,223 $333K Add +1.4%
IWD iShares Russell 1000 Value E 0.07% 1,842 $321K Reduce -1.4%
DBJP Xtrackers MSCI Japan Hedged 0.07% 4,248 $321K New
TRUE Truecar Inc. 0.07% 100,000 $313K New
IJH iShares Core S&P Midcap ETF 0.07% 5,195 $304K Add +11.7%
FNDA Schwab Fndmntl US SM Co. ETF 0.06% 5,109 $281K New
DFUS Dimensional US Eq MKT ETF 0.06% 4,763 $280K New
LLY Eli Lilly & Co. 0.06% 307 $278K Reduce -2.9%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.06% 7,462 $261K New
MA Mastercard Inc. Class A 0.06% 588 $259K Reduce -14.5%
AMLP Alerian MLP ETF 0.06% 5,400 $259K New
SPSM SS SPDR P S&P 600 Small Cap 0.06% 6,018 $250K Add +0.3%
USIG iShares Broad Usd Investment 0.06% 4,952 $249K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 1,345 $233K New
ZTS Zoetis Inc. 0.05% 1,341 $232K Reduce -6.8%
BP BP PLC-Spons ADR 0.05% 6,103 $220K No change
META Meta Platforms Inc. Class A 0.05% 436 $220K New
ADP Automatic Data Processing 0.05% 920 $220K Add +6.2%
BA The Boeing Co. 0.05% 1,200 $218K New
BNDX Vanguard Total Intl Bond ETF 0.05% 4,387 $214K No change

Show all 105 holdings

Portfolio Sells Q1 2024 → Q2 2024
PEP Pepsico Inc. Sold out 0.00% −3.03
AMJ JPMorgan Alerian MLP Index Sold out 0.00% −1.58
NKE Nike Inc. Class B Reduce -0.3% 2.08% −0.53
LOW Lowe's Cos Inc. Reduce -0.1% 2.99% −0.47
A Agilent Technologies Inc. Reduce -0.4% 3.09% −0.40
CAT Caterpillar Inc. Reduce -0.8% 2.82% −0.31
UPS United Parcel Service Class B Reduce -1.6% 1.86% −0.20
MRK Merck & Co. Inc. Reduce -0.1% 2.78% −0.19
LIN Linde PLC Reduce -0.2% 2.84% −0.17
SLB SLB Ltd. Reduce -4.6% 0.70% −0.15
CMI Cummins Inc. Reduce -0.3% 2.22% −0.15
IJR iShares Core S&P Small-Cap E Reduce -4.7% 1.48% −0.13
JSCP JPMorgan Short Duration Core Reduce -12.1% 0.65% −0.09
WMT Walmart Inc. Sold out 0.00% −0.05
ABT Abbott Laboratories Sold out 0.00% −0.05
XLI SS Industrial Select Sector Sold out 0.00% −0.04
SDY SS SPDR S&P Dividend ETF Reduce -19.5% 0.14% −0.04
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.4% 0.42% −0.03
DIA SS SPDR Dow Jones Indus Avg Reduce -16.5% 0.08% −0.02
PFF iShares Preferred & Income S Reduce -2.0% 0.38% −0.02
MA Mastercard Inc. Class A Reduce -14.5% 0.06% −0.02
BLK BlackRock Finance Inc. Reduce -0.8% 0.21% −0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -3.4% 0.12% −0.01
XLV SS Health Care Select Sector Reduce -1.6% 0.15% −0.00
IWD iShares Russell 1000 Value E Reduce -1.4% 0.07% −0.00
ZTS Zoetis Inc. Reduce -6.8% 0.05% −0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -1.4% 0.18% +0.00
LLY Eli Lilly & Co. Reduce -2.9% 0.06% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.4% 0.22% +0.02
XLK SS Technology Select Sector Reduce -1.0% 0.26% +0.02
LRCX Lam Research Corp. Reduce -0.3% 0.42% +0.04
ECL Ecolab Inc. Reduce -0.7% 2.54% +0.05
GOOGL Alphabet Inc. Class A Reduce -1.7% 1.09% +0.17
SRCL Stericycle Inc. Reduce -1.1% 2.59% +0.21
NEE Nextera Energy Inc. Reduce -0.3% 2.41% +0.23
RCL Royal Caribbean Cruises Ltd. Reduce -1.2% 2.87% +0.33
SE Sea Ltd.-ADR Reduce -0.8% 1.41% +0.34
QCOM Qualcomm Inc. Reduce -0.8% 4.74% +0.67
APH Amphenol Corp. Class A Reduce -0.6% 4.94% +0.68
GOOG Alphabet Inc. Class C Reduce -0.4% 6.53% +1.08

Portfolio Buys Q1 2024 → Q2 2024
AMJB Alerian MLP ETN2044 New 1.09% +1.09
TSM Taiwan Semiconductor-SP ADR Add +0.3% 4.04% +0.88
JPST JPMorgan Ultra-Short Income Add +27.7% 1.93% +0.42
AAPL Apple Inc. Add +3.3% 1.40% +0.30
NVDA Nvidia Corp. Add +86.5% 0.29% +0.18
VGT Vanguard Info Tech ETF New 0.14% +0.14
MSFT Microsoft Corp. Add +2.5% 1.56% +0.13
FNDX Schwab Fndmntl US LRG Co. ETF New 0.10% +0.10
IGV iShares Expanded Tech-Softwa Add +1.7% 2.69% +0.09
XLY SS Consumer Disc Select Sect New 0.09% +0.09
DXJ Wisdomtree Japan Hedged Eq New 0.09% +0.09
AXP American Express Co. Add +0.1% 5.11% +0.08
VHT Vanguard Health Care ETF New 0.08% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +9.2% 0.62% +0.07
DBJP Xtrackers MSCI Japan Hedged New 0.07% +0.07
TRUE Truecar Inc. New 0.07% +0.07
FNDA Schwab Fndmntl US SM Co. ETF New 0.06% +0.06
DFUS Dimensional US Eq MKT ETF New 0.06% +0.06
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.06% +0.06
AMLP Alerian MLP ETF New 0.06% +0.06
JPM JPMorgan Chase & Co. Add +0.1% 5.62% +0.05
IBM Intl Business Machines Corp. New 0.05% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +34.5% 0.22% +0.05
META Meta Platforms Inc. Class A New 0.05% +0.05
BA The Boeing Co. New 0.05% +0.05
VOO Vanguard S&P 500 ETF New 0.05% +0.05
PPA Invesco Aerospace & Defense New 0.04% +0.04
IVV iShares Core S&P 500 ETF Add +68.6% 0.08% +0.03
AMZN Amazon.com Inc. Add +4.3% 0.33% +0.03
AGG iShares Core U.S. Aggregate Add +50.7% 0.10% +0.03
ET Energy Transfer LP Add +26.0% 0.13% +0.03
EEM iShares MSCI Emerging Market Add +0.4% 0.19% +0.01
IJH iShares Core S&P Midcap ETF Add +11.7% 0.07% +0.00
DIVO Amplify CWP Enhan Divid ETF Add +1.3% 0.71% +0.00
PFE Pfizer Inc. Add +4.0% 0.10% +0.00
IEMG iShares Core MSCI Emerging Add +1.4% 0.07% +0.00
XOM Exxon Mobil Corp. Add +2.2% 0.17% +0.00
ADP Automatic Data Processing Add +6.2% 0.05% +0.00
IEFA iShares Core MSCI Eafe ETF Add +2.5% 0.17% +0.00
AMD Advanced Micro Devices Add +9.2% 0.08% −0.00
SPSM SS SPDR P S&P 600 Small Cap Add +0.3% 0.06% −0.00
PGX Invesco Preferred ETF Add +1.6% 1.13% −0.02
JNJ Johnson & Johnson Add +0.6% 0.26% −0.02
V Visa Inc. Class A Add +3.0% 1.73% −0.06
GILD Gilead Sciences Inc. Add +0.0% 1.70% −0.12
MDT Medtronic PLC Add +3.5% 1.72% −0.12
SYK Stryker Corp. Add +0.9% 4.54% −0.20
DIS The Walt Disney Co. Add +5.5% 1.73% −0.29

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$831.6MGOOG, AMD, TSM, APH, JPM
Q1 2026 125$676.4MGOOG, JPM, TSM, APH, AXP
Q4 2025 132$689.6MGOOG, JPM, AXP, TSM, APH
Q3 2025 127$644.2MGOOG, JPM, AXP, TSM, APH
Q2 2025 131$575.8MJPM, APH, AXP, GOOG, TSM
Q1 2025Amended 124$502.8MJPM, GOOG, AXP, SYK, APH
Q4 2024 113$524.0MGOOG, JPM, AXP, APH, SYK
Q3 2024 118$503.8MGOOG, JPM, AXP, SYK, APH
Q2 2024 105$451.0MGOOG, JPM, AXP, APH, QCOM
Q1 2024 93$450.3MJPM, GOOG, AXP, SYK, APH