Noesis Capital Mangement Corp.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), Noesis Capital Mangement Corp. reported 127 stock positions worth $644.2 million. Its top holding was Alphabet Class C (GOOG) at 6.9% of the portfolio, followed by JPMorgan Chase (JPM, 6.6%) and American Express (AXP, 5.5%). Compared with Q2 2025, it opened 5 new positions, sold out of 9, added to 46 and reduced 51. The biggest buy was Regeneron Pharmaceuticals (REGN, shares +5191%) and the biggest sale Amphenol Class A (APH, shares −24%).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0001262677
- Portfolio Value
- $644.2M (Q3 2025)
- SEC Filing
- 0001262677-25-000005 ↗ filed Oct 23, 2025
Holdings Value
Holdings 127 stocks · $644.2M
| GOOG Alphabet Inc. Class C | 6.91% | 182,813 | $44.5M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 6.64% | 135,592 | $42.8M | Reduce -1.3% |
| AXP American Express Co. | 5.46% | 105,946 | $35.2M | Add +0.9% |
| TSM Taiwan Semiconductor-SP ADR | 5.14% | 118,489 | $33.1M | Add +2.8% |
| APH Amphenol Corp. Class A | 5.02% | 261,421 | $32.4M | Reduce -23.6% |
| SYK Stryker Corp. | 3.84% | 66,909 | $24.7M | Add +5.3% |
| RCL Royal Caribbean Cruises Ltd. | 3.83% | 76,156 | $24.6M | Reduce -2.4% |
| QCOM Qualcomm Inc. | 3.20% | 123,729 | $20.6M | Add +3.8% |
| CAT Caterpillar Inc. | 3.12% | 42,063 | $20.1M | Add +2.9% |
| V Visa Inc. Class A | 2.99% | 56,351 | $19.2M | Add +1.2% |
| AMZN Amazon.com Inc. | 2.78% | 81,452 | $17.9M | Add +3.6% |
| IGV iShares Expanded Tech-Softwa | 2.71% | 152,003 | $17.5M | Add +1.2% |
| SE Sea Ltd.-ADR | 2.66% | 96,009 | $17.2M | Add +3.0% |
| LOW Lowe's Cos Inc. | 2.61% | 66,836 | $16.8M | Add +2.9% |
| A Agilent Technologies Inc. | 2.53% | 126,929 | $16.3M | Add +5.7% |
| ECL Ecolab Inc. | 2.52% | 59,334 | $16.2M | Add +8.7% |
| CMI Cummins Inc. | 2.37% | 36,097 | $15.2M | Add +0.3% |
| AMD Advanced Micro Devices | 2.35% | 93,539 | $15.1M | Add +3.8% |
| LIN Linde PLC | 2.25% | 30,504 | $14.5M | Add +1.4% |
| GILD Gilead Sciences Inc. | 1.97% | 114,518 | $12.7M | Add +0.8% |
| NEE Nextera Energy Inc. | 1.95% | 166,514 | $12.6M | Add +3.7% |
| REGN Regeneron Pharmaceuticals | 1.85% | 21,165 | $11.9M | Add +5191.3% |
| MDT Medtronic PLC | 1.83% | 123,996 | $11.8M | Add +5.3% |
| MRK Merck & Co. Inc. | 1.68% | 129,031 | $10.8M | Add +2.1% |
| JPST JPMorgan Ultra-Short Income | 1.67% | 211,804 | $10.7M | Add +10.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.63% | 91,788 | $10.5M | Add +12.8% |
| TSLA Tesla Inc. | 1.61% | 23,388 | $10.4M | Add +0.1% |
| MSFT Microsoft Corp. | 1.45% | 18,029 | $9.3M | Add +2.9% |
| NKE Nike Inc. Class B | 1.43% | 131,916 | $9.2M | Reduce -0.2% |
| AAPL Apple Inc. | 1.32% | 33,453 | $8.5M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 1.11% | 29,449 | $7.2M | Reduce -3.7% |
| IJR iShares Core S&P Small-Cap E | 0.94% | 50,899 | $6.0M | Reduce -3.0% |
| PGX Invesco Preferred ETF | 0.73% | 406,637 | $4.7M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.52% | 5,026 | $3.3M | Reduce -1.6% |
| DIVO Amplify CWP Enhan Divid ETF | 0.48% | 69,371 | $3.1M | Reduce -6.0% |
| JSCP JPMorgan Short Duration Core | 0.47% | 63,035 | $3.0M | Add +16.2% |
| LRCX Lam Research Corp. | 0.40% | 19,123 | $2.6M | Add +15.0% |
| NVDA Nvidia Corp. | 0.35% | 12,198 | $2.3M | Reduce -13.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.27% | 51,292 | $1.8M | Reduce -4.5% |
| XLK SS Technology Select Sector | 0.27% | 6,191 | $1.7M | Reduce -10.2% |
| JNJ Johnson & Johnson | 0.26% | 9,131 | $1.7M | Reduce -1.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 3,394 | $1.6M | Add +2.6% |
| PFF iShares Preferred & Income S | 0.24% | 49,628 | $1.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 3,047 | $1.5M | Reduce -9.8% |
| BLK BlackRock Inc. | 0.23% | 1,258 | $1.5M | Add +1.5% |
| EWBC East West Bancorp Inc. | 0.21% | 12,950 | $1.4M | No change |
| FCNCA First Citizens Bcshs Class A | 0.21% | 750 | $1.3M | No change |
| AME Ametek Inc. | 0.19% | 6,393 | $1.2M | No change |
| EEM iShares MSCI Emerging Market | 0.17% | 20,771 | $1.1M | Reduce -0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.16% | 5,655 | $1.1M | Reduce -3.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.16% | 12,069 | $1.1M | Add +1.3% |
| VCIT Vanguard Int-Term Corporate | 0.15% | 11,301 | $951K | Reduce -1.4% |
| ORCL Oracle Corp. | 0.15% | 3,377 | $950K | Add +1.3% |
| VGT Vanguard Info Tech ETF | 0.14% | 1,232 | $920K | No change |
| DLN Wisdomtree US Largecap Divid | 0.14% | 10,000 | $870K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.13% | 9,370 | $817K | Reduce -6.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.12% | 2,394 | $786K | Reduce -16.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 1,245 | $747K | Add +2.4% |
| XOM Exxon Mobil Corp. | 0.12% | 6,582 | $742K | Reduce -2.9% |
| SDY SS SPDR S&P Dividend ETF | 0.11% | 5,203 | $729K | No change |
| ET Energy Transfer LP | 0.11% | 42,414 | $728K | Add +0.1% |
| HD Home Depot Inc. | 0.11% | 1,743 | $706K | Add +2.7% |
| MRSH Marsh & McLennan Cos | 0.11% | 3,500 | $705K | No change |
| VOO Vanguard S&P 500 ETF | 0.10% | 1,070 | $655K | Add +0.9% |
| MA Mastercard Inc. Class A | 0.10% | 1,132 | $644K | Reduce -10.1% |
| JNK SS SPDR BB High Yield Bond | 0.09% | 6,104 | $598K | Reduce -9.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.09% | 21,924 | $577K | Reduce -2.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.09% | 581 | $562K | New |
| XLV SS Health Care Select Sector | 0.09% | 3,976 | $553K | Reduce -5.5% |
| IVV iShares Core S&P 500 ETF | 0.08% | 811 | $543K | Reduce -10.2% |
| TAIT Taitron Components Inc. Class A | 0.08% | 215,597 | $535K | No change |
| BA The Boeing Co. | 0.08% | 2,454 | $530K | Add +1.0% |
| XLY SS Consumer Disc Select Sect | 0.07% | 1,988 | $476K | Reduce -7.9% |
| DXJ Wisdomtree Japan Hedged Eq | 0.07% | 3,448 | $441K | No change |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.07% | 5,308 | $431K | Reduce -3.3% |
| MUB iShares National Muni Bond E | 0.07% | 4,023 | $428K | Reduce -2.2% |
| ADP Automatic Data Processing | 0.07% | 1,446 | $424K | No change |
| AVGO Broadcom Inc. | 0.06% | 1,256 | $414K | Add +5.5% |
| IEMG iShares Core MSCI Emerging | 0.06% | 6,083 | $401K | Reduce -1.7% |
| CAC Camden National Corp. | 0.06% | 10,326 | $398K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.06% | 5,009 | $384K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 1,299 | $367K | Reduce -14.3% |
| ACM Aecom | 0.06% | 2,800 | $365K | No change |
| DBJP Xtrackers MSCI Japan Hedged | 0.06% | 4,248 | $361K | No change |
| VHT Vanguard Health Care ETF | 0.05% | 1,354 | $351K | No change |
| PFE Pfizer Inc. | 0.05% | 13,630 | $347K | Reduce -0.4% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.05% | 10,798 | $336K | Reduce -2.8% |
| SCHW Schwab (charles) Corp. | 0.05% | 3,461 | $330K | Add +5.0% |
| META Meta Platforms Inc. Class A | 0.05% | 448 | $329K | Reduce -50.8% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.05% | 7,588 | $326K | Reduce -5.0% |
| MELI MercadoLibre Inc. | 0.05% | 139 | $325K | No change |
| SCHB Schwab US Broad Market ETF | 0.05% | 12,525 | $322K | Reduce -2.7% |
| AMLP Alerian MLP ETF | 0.05% | 6,700 | $314K | Add +8.1% |
| GLDM SPDR Gold Minishares Trust | 0.05% | 4,055 | $310K | Add +0.3% |
| NFLX Netflix Inc. | 0.05% | 254 | $305K | Reduce -6.6% |
| OFG Ofg Bancorp | 0.05% | 7,000 | $304K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.05% | 1,180 | $292K | Add +11.7% |
| USIG iShares Broad Usd Investment | 0.04% | 5,419 | $283K | Add +9.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.04% | 6,000 | $278K | Reduce -14.2% |
| APLD Applied Digital Corp. | 0.04% | 12,000 | $275K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| APH Amphenol Corp. Class A | Reduce -23.6% | 5.02% | −0.84 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -2.4% | 3.83% | −0.42 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 6.64% | −0.28 |
| NKE Nike Inc. Class B | Reduce -0.2% | 1.43% | −0.20 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.08 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Sold out | 0.00% | −0.08 |
| IWV iShares Russell 3000 ETF | Sold out | 0.00% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -50.8% | 0.05% | −0.07 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -6.0% | 0.48% | −0.07 |
| SAN Banco Santander SA-Spon ADR | Sold out | 0.00% | −0.06 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.0% | 0.94% | −0.06 |
| PGX Invesco Preferred ETF | Reduce -0.3% | 0.73% | −0.06 |
| DFUS Dimensional US Eq MKT ETF | Sold out | 0.00% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.8% | 0.24% | −0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.04 |
| SLB SLB Ltd. | Reduce -4.5% | 0.27% | −0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.04 |
| XLK SS Technology Select Sector | Reduce -10.2% | 0.27% | −0.03 |
| NVDA Nvidia Corp. | Reduce -13.1% | 0.35% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -16.3% | 0.12% | −0.03 |
| ETW Eaton Vance T/M GLBL Buy-WR | Sold out | 0.00% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 0.52% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -10.1% | 0.10% | −0.02 |
| PFF iShares Preferred & Income S | Reduce -0.7% | 0.24% | −0.02 |
| JNK SS SPDR BB High Yield Bond | Reduce -9.8% | 0.09% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -14.3% | 0.06% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -28.9% | 0.04% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -23.5% | 0.04% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.4% | 0.15% | −0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -29.9% | 0.04% | −0.02 |
| NFLX Netflix Inc. | Reduce -6.6% | 0.05% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.1% | 0.16% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -6.2% | 0.13% | −0.01 |
| ABT Abbott Laboratories | Reduce -16.4% | 0.04% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -10.2% | 0.08% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -5.5% | 0.09% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -2.9% | 0.12% | −0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -3.3% | 0.07% | −0.01 |
| KO The Coca-Cola Co. | Reduce -2.9% | 0.04% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -14.2% | 0.04% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -2.2% | 0.07% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -7.3% | 0.04% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -7.9% | 0.07% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -14.3% | 0.03% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -2.5% | 0.09% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.7% | 0.03% | −0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -5.0% | 0.05% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -0.7% | 0.04% | −0.00 |
| PFE Pfizer Inc. | Reduce -0.4% | 0.05% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| REGN Regeneron Pharmaceuticals | Add +5191.3% | 1.85% | +1.81 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.8% | 5.14% | +0.61 |
| CAT Caterpillar Inc. | Add +2.9% | 3.12% | +0.36 |
| TSLA Tesla Inc. | Add +0.1% | 1.61% | +0.33 |
| CMI Cummins Inc. | Add +0.3% | 2.37% | +0.32 |
| AMD Advanced Micro Devices | Add +3.8% | 2.35% | +0.13 |
| LRCX Lam Research Corp. | Add +15.0% | 0.40% | +0.12 |
| LOW Lowe's Cos Inc. | Add +2.9% | 2.61% | +0.10 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.09% | +0.09 |
| SE Sea Ltd.-ADR | Add +3.0% | 2.66% | +0.07 |
| A Agilent Technologies Inc. | Add +5.7% | 2.53% | +0.07 |
| MDT Medtronic PLC | Add +5.3% | 1.83% | +0.05 |
| SCHG Schwab US Large-Cap Growth | New | 0.03% | +0.03 |
| XLI SS Industrial Select Sector | New | 0.03% | +0.03 |
| BP BP PLC-Spons ADR | New | 0.03% | +0.03 |
| PPA Invesco Aerospace & Defense | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +1.3% | 0.15% | +0.02 |
| JSCP JPMorgan Short Duration Core | Add +16.2% | 0.47% | +0.02 |
| NEE Nextera Energy Inc. | Add +3.7% | 1.95% | +0.02 |
| AVGO Broadcom Inc. | Add +5.5% | 0.06% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +19.4% | 0.04% | +0.00 |
| QQQM Invesco Nasdaq 100 ETF | Add +11.7% | 0.05% | +0.00 |
| GLDM SPDR Gold Minishares Trust | Add +0.3% | 0.05% | +0.00 |
| BLK BlackRock Inc. | Add +1.5% | 0.23% | +0.00 |
| VZ Verizon Communications Inc. | Add +15.6% | 0.04% | +0.00 |
| HD Home Depot Inc. | Add +2.7% | 0.11% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.6% | 0.25% | +0.00 |
| MS Morgan Stanley | Add +0.7% | 0.04% | +0.00 |
| WMT Walmart Inc. | Add +6.8% | 0.04% | +0.00 |
| USIG iShares Broad Usd Investment | Add +9.4% | 0.04% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.4% | 0.12% | −0.00 |
| SCHW Schwab (charles) Corp. | Add +5.0% | 0.05% | −0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.9% | 0.10% | −0.00 |
| AMLP Alerian MLP ETF | Add +8.1% | 0.05% | −0.00 |
| COST Costco Wholesale Corp. | Add +6.0% | 0.03% | −0.00 |
| BA The Boeing Co. | Add +1.0% | 0.08% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.3% | 0.16% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Add +10.7% | 1.67% | −0.02 |
| ET Energy Transfer LP | Add +0.1% | 0.11% | −0.02 |
| ECL Ecolab Inc. | Add +8.7% | 2.52% | −0.03 |
| MRK Merck & Co. Inc. | Add +2.1% | 1.68% | −0.06 |
| MSFT Microsoft Corp. | Add +2.9% | 1.45% | −0.06 |
| QCOM Qualcomm Inc. | Add +3.8% | 3.20% | −0.10 |
| DIS The Walt Disney Co. | Add +12.8% | 1.63% | −0.12 |
| IGV iShares Expanded Tech-Softwa | Add +1.2% | 2.71% | −0.14 |
| LIN Linde PLC | Add +1.4% | 2.25% | −0.20 |
| GILD Gilead Sciences Inc. | Add +0.8% | 1.97% | −0.21 |
| AMZN Amazon.com Inc. | Add +3.6% | 2.78% | −0.22 |
| AXP American Express Co. | Add +0.9% | 5.46% | −0.36 |
| V Visa Inc. Class A | Add +1.2% | 2.99% | −0.45 |
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 |