Noesis Capital Mangement Corp.

Name: NOESIS CAPITAL MANGEMENT CORP 13F holdings, Q2 2025
Creator: NOESIS CAPITAL MANGEMENT CORP
Published: 2025-08-04

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
OFG Ofg Bancorp	0.05%	7,000	$300K	No change
SPSM SS SPDR P S&P 600 Small Cap	0.05%	6,995	$298K	Add +16.6%
ABT Abbott Laboratories	0.05%	2,139	$291K	Reduce -7.3%
HON Honeywell International Inc.	0.05%	1,195	$278K	New
AGG iShares Core U.S. Aggregate	0.05%	2,784	$276K	New
KO The Coca-Cola Co.	0.05%	3,752	$265K	Reduce -1.1%
GLDM SPDR Gold Minishares Trust	0.05%	4,044	$265K	No change
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.04%	914	$256K	Add +14.8%
USIG iShares Broad Usd Investment	0.04%	4,952	$255K	No change
NRIM Northrim Bancorp Inc.	0.04%	2,591	$242K	Reduce -31.6%
QQQM Invesco Nasdaq 100 ETF	0.04%	1,056	$240K	New
BNDX Vanguard Total Intl Bond ETF	0.04%	4,826	$239K	No change
IWF iShares Russell 1000 Growth	0.04%	560	$238K	Reduce -4.0%
TRUE Truecar Inc.	0.04%	125,000	$238K	New
BRT BRT Apartments Corp.	0.04%	15,000	$235K	No change
LLY Eli Lilly & Co.	0.04%	300	$234K	Reduce -26.6%
MS Morgan Stanley	0.04%	1,655	$233K	New
SPDW Ste STR SPDR PT DW Eu ETF	0.04%	5,708	$231K	New
WMT Walmart Inc.	0.04%	2,337	$229K	Reduce -15.0%
RTX RTX Corp.	0.04%	1,475	$215K	Reduce -4.7%
COST Costco Wholesale Corp.	0.04%	217	$215K	No change
SO The Southern Co.	0.04%	2,311	$212K	No change
VEA Vanguard Ftse Developed ETF	0.04%	3,696	$211K	New
REGN Regeneron Pharmaceuticals	0.04%	400	$210K	No change
VZ Verizon Communications Inc.	0.04%	4,829	$209K	Reduce -4.8%
ANIK Anika Therapeutics Inc.	0.04%	19,400	$205K	No change
SCHD Schwab US DVD Equity ETF	0.04%	7,731	$205K	Add +0.1%
FNDC Schwab Fndmnt Intl SM Eq ETF	0.04%	4,847	$204K	New
BHR Braemar Hotels & Resorts Inc.	0.03%	70,000	$172K	New
ETW Eaton Vance T/M GLBL Buy-WR	0.03%	19,236	$166K	New
APLD Applied Digital Corp.	0.02%	12,000	$121K	New

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