Coalescence Partners Investment Management, LP

Fundamental concentrated ★Highest signal CIK 1759662
League rank
#436
in Fundamental concentrated · #1270 overall
Long book
$462.5M
Q1 2026
Positions
12
Top-10 weight
94%
concentration
Last quarter
+15.9%
SPY +14.8%
Turnover
50%
of book per quarter

Strategy in plain words

auto-generated from filings

Coalescence Partners Investment Management, LP is a concentrated fundamental stock-picker, running a $462.5M US long book across 12 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TAIWAN SEMICONDUCTOR-SP ADR, NVIDIA CORP, S&P GLOBAL INC, MOODY'S CORP, FAIR ISAAC CORP.

Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+5.0%
Q2 2024
+7.5%
Q3 2024
-0.6%
Q4 2024
-3.0%
Q1 2025
+13.9%
Q2 2025
+0.8%
Q3 2025
+1.9%
Q4 2025
-14.7%
Q1 2026
+15.9%

Sector allocation

Services media
51%
Technology
20%
Financials
11%
Industrials
10%
Materials
8%

Long book by quarter

$122.7M
Q1 2024
$120.6M
Q2 2024
$220.7M
Q3 2024
$262.5M
Q4 2024
$293.9M
Q1 2025
$381.6M
Q2 2025
$379.1M
Q3 2025
$424.4M
Q4 2025
$462.5M
Q1 2026

What does Coalescence Partners own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology290.2K$50.6M10.9%New
SPGI S&P GLOBAL INCServices media117.7K$50.1M10.8%+108.6%
MCO MOODY'S CORPServices media103.6K$45.2M9.8%New
FICO FAIR ISAAC CORPServices media40.3K$43.0M9.3%+29.4%
BX BLACKSTONE INCFinancials326.6K$37.6M8.1%New
TDG TRANSDIGM GROUP INCIndustrials28.3K$32.8M7.1%Held
V VISA INC-CLASS A SHARESServices media62.3K$18.8M4.1%+36.7%
MA MASTERCARD INC - AServices media37.5K$18.7M4.0%+25.9%
DHR DANAHER CORPTechnology97.3K$18.5M4.0%Held
MLM MARTIN MARIETTA MATERIALSMaterials30.7K$18.1M3.9%New
IDXX IDEXX LABORATORIES INCMaterials18.6K$10.4M2.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202612$462.5M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202612$424.4M canonicalSEC ↗
Q3 202513F-HROct 29, 202513$384.1M canonicalSEC ↗
Q2 202513F-HRAug 12, 202515$387.4M canonicalSEC ↗
Q1 202513F-HRMay 14, 202516$302.8M canonicalSEC ↗
Q4 202413F-HRFeb 7, 202516$264.3M canonicalSEC ↗
Q3 202413F-HRNov 4, 202415$223.3M canonicalSEC ↗
Q2 202413F-HRAug 14, 202412$121.9M canonicalSEC ↗
Q1 202413F-HRMay 14, 202414$126.6M canonicalSEC ↗