Noesis Capital Mangement Corp.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Noesis Capital Mangement Corp. reported 131 stock positions worth $575.8 million. Its top holding was JPMorgan Chase (JPM) at 6.9% of the portfolio, followed by Amphenol Class A (APH, 5.9%) and American Express (AXP, 5.8%). Compared with Q1 2025, it opened 14 new positions, sold out of 7, added to 31 and reduced 64. The biggest buy was Amazon.com (AMZN, shares +644%) and the biggest sale an exit from United Parcel Service Class B (UPS).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0001262677
- Portfolio Value
- $575.8M (Q2 2025)
- SEC Filing
- 0001262677-25-000004 ↗ filed Aug 4, 2025
Holdings Value
Holdings 131 stocks · $575.8M
| JPM JPMorgan Chase & Co. | 6.92% | 137,377 | $39.8M | Reduce -1.4% |
| APH Amphenol Corp. Class A | 5.87% | 342,048 | $33.8M | Reduce -1.9% |
| AXP American Express Co. | 5.82% | 105,024 | $33.5M | Add +0.8% |
| GOOG Alphabet Inc. Class C | 5.68% | 184,247 | $32.7M | Add +1.5% |
| TSM Taiwan Semiconductor-SP ADR | 4.53% | 115,212 | $26.1M | Reduce -1.2% |
| SYK Stryker Corp. | 4.36% | 63,528 | $25.1M | Reduce -0.5% |
| RCL Royal Caribbean Cruises Ltd. | 4.24% | 78,008 | $24.4M | Reduce -1.6% |
| V Visa Inc. Class A | 3.43% | 55,701 | $19.8M | Add +4.4% |
| QCOM Qualcomm Inc. | 3.30% | 119,217 | $19.0M | Add +0.7% |
| AMZN Amazon.com Inc. | 3.00% | 78,633 | $17.3M | Add +644.2% |
| IGV iShares Expanded Tech-Softwa | 2.86% | 150,245 | $16.5M | Reduce -2.2% |
| CAT Caterpillar Inc. | 2.76% | 40,880 | $15.9M | Reduce -1.4% |
| SE Sea Ltd.-ADR | 2.59% | 93,215 | $14.9M | Add +0.6% |
| ECL Ecolab Inc. | 2.55% | 54,566 | $14.7M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 2.50% | 64,966 | $14.4M | Reduce -1.0% |
| A Agilent Technologies Inc. | 2.46% | 120,127 | $14.2M | Reduce -0.7% |
| LIN Linde PLC | 2.45% | 30,080 | $14.1M | Reduce -1.7% |
| AMD Advanced Micro Devices | 2.22% | 90,092 | $12.8M | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 2.19% | 113,575 | $12.6M | Add +0.1% |
| CMI Cummins Inc. | 2.05% | 35,978 | $11.8M | Reduce -0.8% |
| NEE Nextera Energy Inc. | 1.94% | 160,565 | $11.1M | Add +4.0% |
| MDT Medtronic PLC | 1.78% | 117,699 | $10.3M | Add +8.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.75% | 81,362 | $10.1M | Reduce -3.1% |
| MRK Merck & Co. Inc. | 1.74% | 126,335 | $10.0M | Add +7.3% |
| JPST JPMorgan Ultra-Short Income | 1.68% | 191,268 | $9.7M | Add +13.5% |
| NKE Nike Inc. Class B | 1.63% | 132,220 | $9.4M | Reduce -1.1% |
| MSFT Microsoft Corp. | 1.51% | 17,524 | $8.7M | Reduce -4.6% |
| TSLA Tesla Inc. | 1.29% | 23,368 | $7.4M | Reduce -25.4% |
| AAPL Apple Inc. | 1.24% | 34,788 | $7.1M | Reduce -1.2% |
| IJR iShares Core S&P Small-Cap E | 1.00% | 52,473 | $5.7M | Reduce -19.7% |
| GOOGL Alphabet Inc. Class A | 0.94% | 30,586 | $5.4M | Add +1.4% |
| PGX Invesco Preferred ETF | 0.79% | 407,975 | $4.5M | Reduce -7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 5,106 | $3.2M | Add +0.2% |
| DIVO Amplify CWP Enhan Divid ETF | 0.55% | 73,823 | $3.1M | Reduce -4.6% |
| JSCP JPMorgan Short Duration Core | 0.45% | 54,244 | $2.6M | Reduce -14.7% |
| NVDA Nvidia Corp. | 0.39% | 14,038 | $2.2M | Add +6.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.32% | 53,690 | $1.8M | Reduce -5.9% |
| XLK SS Technology Select Sector | 0.30% | 6,895 | $1.7M | Reduce -6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 3,380 | $1.6M | Reduce -1.3% |
| LRCX Lam Research Corp. | 0.28% | 16,633 | $1.6M | Add +0.4% |
| PFF iShares Preferred & Income S | 0.27% | 49,970 | $1.5M | Reduce -2.0% |
| FCNCA First Citizens Bcshs Class A | 0.25% | 750 | $1.5M | Reduce -6.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 3,308 | $1.5M | Reduce -1.8% |
| JNJ Johnson & Johnson | 0.25% | 9,301 | $1.4M | Add +3.0% |
| EWBC East West Bancorp Inc. | 0.23% | 12,950 | $1.3M | Reduce -3.0% |
| BLK BlackRock Inc. | 0.23% | 1,239 | $1.3M | Reduce -1.9% |
| AME Ametek Inc. | 0.20% | 6,393 | $1.2M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.18% | 5,838 | $1.0M | Reduce -6.0% |
| EEM iShares MSCI Emerging Market | 0.18% | 20,915 | $1.0M | Add +0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 11,919 | $995K | Reduce -0.4% |
| VCIT Vanguard Int-Term Corporate | 0.17% | 11,457 | $950K | Add +7.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 2,860 | $869K | Reduce -3.6% |
| DLN Wisdomtree US Largecap Divid | 0.14% | 10,000 | $821K | No change |
| VGT Vanguard Info Tech ETF | 0.14% | 1,232 | $817K | Reduce -5.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.14% | 9,987 | $816K | Reduce -6.6% |
| ET Energy Transfer LP | 0.13% | 42,377 | $768K | Add +0.1% |
| MRSH Marsh & McLennan Cos | 0.13% | 3,500 | $765K | No change |
| XOM Exxon Mobil Corp. | 0.13% | 6,777 | $731K | Reduce -6.3% |
| ORCL Oracle Corp. | 0.13% | 3,335 | $729K | No change |
| MA Mastercard Inc. Class A | 0.12% | 1,259 | $708K | Add +75.1% |
| SDY SS SPDR S&P Dividend ETF | 0.12% | 5,203 | $706K | Reduce -33.2% |
| META Meta Platforms Inc. Class A | 0.12% | 911 | $673K | Add +26.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 1,216 | $671K | Reduce -3.3% |
| JNK SS SPDR BB High Yield Bond | 0.11% | 6,770 | $659K | Reduce -3.3% |
| HD Home Depot Inc. | 0.11% | 1,697 | $622K | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 0.10% | 1,060 | $602K | Add +26.9% |
| XLV SS Health Care Select Sector | 0.10% | 4,208 | $567K | Reduce -2.1% |
| IVV iShares Core S&P 500 ETF | 0.10% | 903 | $561K | Add +18.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.10% | 22,494 | $552K | Add +14.0% |
| BA The Boeing Co. | 0.09% | 2,430 | $509K | Reduce -3.3% |
| TAIT Taitron Components Inc. Class A | 0.08% | 215,597 | $483K | No change |
| TLT iShares 20+ Year Treasury BD | 0.08% | 5,461 | $482K | New |
| XLY SS Consumer Disc Select Sect | 0.08% | 2,158 | $469K | Reduce -1.4% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.08% | 30,000 | $461K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,516 | $447K | Reduce -6.4% |
| ADP Automatic Data Processing | 0.08% | 1,446 | $446K | Reduce -0.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.08% | 5,490 | $443K | Reduce -2.9% |
| IWV iShares Russell 3000 ETF | 0.08% | 1,241 | $436K | Reduce -3.5% |
| MUB iShares National Muni Bond E | 0.07% | 4,113 | $430K | Add +8.6% |
| CAC Camden National Corp. | 0.07% | 10,326 | $419K | Reduce -19.5% |
| DXJ Wisdomtree Japan Hedged Eq | 0.07% | 3,448 | $394K | No change |
| IEMG iShares Core MSCI Emerging | 0.06% | 6,186 | $371K | Reduce -8.9% |
| NFLX Netflix Inc. | 0.06% | 272 | $364K | New |
| MELI MercadoLibre Inc. | 0.06% | 139 | $363K | New |
| AZN Astrazeneca PLC-Spons ADR | 0.06% | 5,009 | $350K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.06% | 1,470 | $348K | Reduce -14.1% |
| VHT Vanguard Health Care ETF | 0.06% | 1,354 | $336K | Reduce -1.5% |
| SAN Banco Santander SA-Spon ADR | 0.06% | 40,000 | $332K | No change |
| PFE Pfizer Inc. | 0.06% | 13,686 | $332K | Reduce -9.5% |
| AVGO Broadcom Inc. | 0.06% | 1,190 | $328K | Reduce -20.7% |
| DBJP Xtrackers MSCI Japan Hedged | 0.06% | 4,248 | $325K | No change |
| PG The Procter & Gamble Co. | 0.06% | 2,011 | $320K | Reduce -3.7% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.06% | 7,985 | $320K | Add +1.7% |
| DFUS Dimensional US Eq MKT ETF | 0.06% | 4,763 | $319K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.06% | 11,109 | $318K | Add +1.9% |
| ACM Aecom | 0.05% | 2,800 | $316K | Reduce -6.7% |
| SCHB Schwab US Broad Market ETF | 0.05% | 12,875 | $307K | Add +27.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.05% | 1,070 | $305K | No change |
| AMLP Alerian MLP ETF | 0.05% | 6,200 | $303K | No change |
| SCHW Schwab (charles) Corp. | 0.05% | 3,296 | $301K | Reduce -14.3% |
Portfolio Sells Q1 2025 → Q2 2025
| UPS United Parcel Service Class B | Sold out | 0.00% | −1.23 |
| LOW Lowe's Cos Inc. | Reduce -1.0% | 2.50% | −0.54 |
| LIN Linde PLC | Reduce -1.7% | 2.45% | −0.38 |
| IJR iShares Core S&P Small-Cap E | Reduce -19.7% | 1.00% | −0.36 |
| SYK Stryker Corp. | Reduce -0.5% | 4.36% | −0.36 |
| A Agilent Technologies Inc. | Reduce -0.7% | 2.46% | −0.35 |
| TSLA Tesla Inc. | Reduce -25.4% | 1.29% | −0.33 |
| AAPL Apple Inc. | Reduce -1.2% | 1.24% | −0.32 |
| CMI Cummins Inc. | Reduce -0.8% | 2.05% | −0.21 |
| ECL Ecolab Inc. | Reduce -0.1% | 2.55% | −0.20 |
| PGX Invesco Preferred ETF | Reduce -7.0% | 0.79% | −0.19 |
| SLB SLB Ltd. | Reduce -5.9% | 0.32% | −0.16 |
| JSCP JPMorgan Short Duration Core | Reduce -14.7% | 0.45% | −0.15 |
| SDY SS SPDR S&P Dividend ETF | Reduce -33.2% | 0.12% | −0.09 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -4.6% | 0.55% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 0.29% | −0.08 |
| NKE Nike Inc. Class B | Reduce -1.1% | 1.63% | −0.06 |
| ILCG iShares Morningstar Growth E | Sold out | 0.00% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.05 |
| PFF iShares Preferred & Income S | Reduce -2.0% | 0.27% | −0.05 |
| PPA Invesco Aerospace & Defense | Sold out | 0.00% | −0.05 |
| BNTX Biontech SE-ADR | Sold out | 0.00% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -6.3% | 0.13% | −0.04 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.04 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.04 |
| FCNCA First Citizens Bcshs Class A | Reduce -6.3% | 0.25% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.0% | 0.18% | −0.03 |
| CAC Camden National Corp. | Reduce -19.5% | 0.07% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -26.6% | 0.04% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -2.1% | 0.10% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -6.6% | 0.14% | −0.03 |
| HD Home Depot Inc. | Reduce -4.5% | 0.11% | −0.02 |
| PFE Pfizer Inc. | Reduce -9.5% | 0.06% | −0.02 |
| JNK SS SPDR BB High Yield Bond | Reduce -3.3% | 0.11% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -3.7% | 0.06% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -14.1% | 0.06% | −0.01 |
| VHT Vanguard Health Care ETF | Reduce -1.5% | 0.06% | −0.01 |
| NRIM Northrim Bancorp Inc. | Reduce -31.6% | 0.04% | −0.01 |
| BLK BlackRock Inc. | Reduce -1.9% | 0.23% | −0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -2.9% | 0.08% | −0.01 |
| EWBC East West Bancorp Inc. | Reduce -3.0% | 0.23% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.6% | 0.15% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.4% | 0.08% | −0.01 |
| ABT Abbott Laboratories | Reduce -7.3% | 0.05% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -4.8% | 0.04% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -8.9% | 0.06% | −0.01 |
| WMT Walmart Inc. | Reduce -15.0% | 0.04% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.1% | 0.05% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -14.3% | 0.05% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.4% | 0.17% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +644.2% | 3.00% | +2.60 |
| AXP American Express Co. | Add +0.8% | 5.82% | +0.25 |
| SE Sea Ltd.-ADR | Add +0.6% | 2.59% | +0.18 |
| NVDA Nvidia Corp. | Add +6.9% | 0.39% | +0.10 |
| TLT iShares 20+ Year Treasury BD | New | 0.08% | +0.08 |
| NFLX Netflix Inc. | New | 0.06% | +0.06 |
| MELI MercadoLibre Inc. | New | 0.06% | +0.06 |
| HON Honeywell International Inc. | New | 0.05% | +0.05 |
| AGG iShares Core U.S. Aggregate | New | 0.05% | +0.05 |
| MA Mastercard Inc. Class A | Add +75.1% | 0.12% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | Add +0.4% | 0.28% | +0.04 |
| TRUE Truecar Inc. | New | 0.04% | +0.04 |
| MS Morgan Stanley | New | 0.04% | +0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.04% | +0.04 |
| VEA Vanguard Ftse Developed ETF | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +1.5% | 5.68% | +0.04 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | New | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | Add +26.2% | 0.12% | +0.03 |
| BHR Braemar Hotels & Resorts Inc. | New | 0.03% | +0.03 |
| ETW Eaton Vance T/M GLBL Buy-WR | New | 0.03% | +0.03 |
| APLD Applied Digital Corp. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +26.9% | 0.10% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +18.2% | 0.10% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +27.6% | 0.05% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 0.94% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +14.8% | 0.04% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +14.0% | 0.10% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +16.6% | 0.05% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +1.7% | 0.06% | −0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +1.9% | 0.06% | −0.00 |
| MUB iShares National Muni Bond E | Add +8.6% | 0.07% | −0.00 |
| EEM iShares MSCI Emerging Market | Add +0.3% | 0.18% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Add +0.1% | 0.04% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Add +7.8% | 0.17% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Add +13.5% | 1.68% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 0.55% | −0.02 |
| ET Energy Transfer LP | Add +0.1% | 0.13% | −0.02 |
| JNJ Johnson & Johnson | Add +3.0% | 0.25% | −0.05 |
| MDT Medtronic PLC | Add +8.7% | 1.78% | −0.15 |
| NEE Nextera Energy Inc. | Add +4.0% | 1.94% | −0.24 |
| V Visa Inc. Class A | Add +4.4% | 3.43% | −0.28 |
| QCOM Qualcomm Inc. | Add +0.7% | 3.30% | −0.32 |
| GILD Gilead Sciences Inc. | Add +0.1% | 2.19% | −0.34 |
| MRK Merck & Co. Inc. | Add +7.3% | 1.74% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 124 | $831.6M | GOOG, AMD, TSM, APH, JPM |
| Q1 2026 | 125 | $676.4M | GOOG, JPM, TSM, APH, AXP |
| Q4 2025 | 132 | $689.6M | GOOG, JPM, AXP, TSM, APH |
| Q3 2025 | 127 | $644.2M | GOOG, JPM, AXP, TSM, APH |
| Q2 2025 | 131 | $575.8M | JPM, APH, AXP, GOOG, TSM |
| Q1 2025Amended | 124 | $502.8M | JPM, GOOG, AXP, SYK, APH |
| Q4 2024 | 113 | $524.0M | GOOG, JPM, AXP, APH, SYK |
| Q3 2024 | 118 | $503.8M | GOOG, JPM, AXP, SYK, APH |
| Q2 2024 | 105 | $451.0M | GOOG, JPM, AXP, APH, QCOM |
| Q1 2024 | 93 | $450.3M | JPM, GOOG, AXP, SYK, APH |