COERENTE CAPITAL MANAGEMENT
Long book
$537.4M
Q1 2026
Positions
47
Top-10 weight
57%
concentration
Last quarter
+7.3%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsCOERENTE CAPITAL MANAGEMENT is a concentrated fundamental stock-picker, running a $537.4M US long book across 47 positions.
The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ALPHABET INC-CL A, MICROSOFT CORP, JOHNSON & JOHNSON, AMAZON.COM INC, ILLINOIS TOOL WORKS.
Over the last 9 quarters its long book ran on average 2.8pp per quarter behind the S&P 500, beating the index in 2 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
-1.6%
Q2 2024
+5.9%
Q3 2024
+1.1%
Q4 2024
-0.8%
Q1 2025
+4.3%
Q2 2025
+3.1%
Q3 2025
+1.4%
Q4 2025
-5.3%
Q1 2026
+7.3%
Sector allocation
Technology 24%
Healthcare 17%
Consumer discretionary 14%
Financials 11%
Industrials 9%
Consumer staples 8%
Services media 7%
Energy 5%
Long book by quarter
What does COERENTE CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 173.2K | $49.8M | 9.3% | -12.0% |
| MSFT MICROSOFT CORP | Technology | 114.6K | $42.4M | 7.9% | +1.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 157.4K | $38.5M | 7.2% | -1.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 138.5K | $28.9M | 5.4% | +1.1% |
| ITW ILLINOIS TOOL WORKS | Industrials | 105.2K | $27.4M | 5.1% | -0.3% |
| V VISA INC-CLASS A SHARES | Services media | 89.0K | $26.9M | 5.0% | +18.4% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 122.5K | $24.9M | 4.6% | +29.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 226.2K | $23.2M | 4.3% | +2.2% |
| USB US BANCORP | Financials | 435.1K | $22.6M | 4.2% | +1.3% |
| PEP PEPSICO INC | Consumer staples | 143.1K | $22.2M | 4.1% | +0.8% |
| CL COLGATE-PALMOLIVE CO | Other | 258.8K | $22.1M | 4.1% | +0.7% |
| EOG EOG RESOURCES INC | Energy | 148.7K | $21.5M | 4.0% | +3.2% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 38.3K | $20.0M | 3.7% | +1.1% |
| PFE PFIZER INC | Healthcare | 701.3K | $19.7M | 3.7% | +5.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 215.5K | $19.3M | 3.6% | +1.4% |
| OTIS OTIS WORLDWIDE CORP | Industrials | 227.9K | $17.6M | 3.3% | +26.6% |
| STZ CONSTELLATION BRANDS INC-A | Consumer staples | 109.7K | $16.5M | 3.1% | +42.5% |
| TFC TRUIST FINANCIAL CORP | Financials | 338.6K | $15.6M | 2.9% | +2.6% |
| JPM JPMORGAN CHASE & CO | Financials | 41.8K | $12.3M | 2.3% | -1.2% |
| FISV FISERV INC | Services media | 180.3K | $10.1M | 1.9% | +76.2% |
| CVX CHEVRON CORP | Energy | 21.3K | $4.4M | 0.8% | -0.2% |
| CVS CVS HEALTH CORP | Healthcare | 60.6K | $4.4M | 0.8% | -18.8% |
| GOOG ALPHABET INC-CL C | Technology | 6.3K | $1.8M | 0.3% | -17.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 12.5K | $1.8M | 0.3% | 0.0% |
| XOM EXXON MOBIL CORP | Energy | 9.9K | $1.7M | 0.3% | -1.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.8K | $1.3M | 0.2% | -0.7% |
| WMT WALMART INC | Consumer discretionary | 9.6K | $1.2M | 0.2% | Held |
| EMR EMERSON ELECTRIC CO | Industrials | 8.0K | $1.0M | 0.2% | Held |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 14.8K | $995K | 0.2% | -16.8% |
| ABBV ABBVIE INC | Healthcare | 4.2K | $913K | 0.2% | Held |
| BDX BECTON DICKINSON AND CO | Healthcare | 4.1K | $650K | 0.1% | Held |
| ORCL ORACLE CORP | Technology | 4.4K | $647K | 0.1% | -17.0% |
| TJX TJX COMPANIES INC | Consumer discretionary | 3.9K | $624K | 0.1% | -2.5% |
| CB CHUBB LTD | Financials | 1.8K | $570K | 0.1% | Held |
| AAPL APPLE INC | Technology | 1.9K | $481K | 0.1% | -4.5% |
| MA MASTERCARD INC - A | Services media | 950 | $475K | 0.1% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.8K | $424K | 0.1% | Held |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 935 | $300K | 0.1% | Held |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 4.3K | $268K | 0.0% | -3.9% |
| MRK MERCK & CO. INC. | Healthcare | 2.0K | $236K | 0.0% | Held |
| IQV IQVIA HOLDINGS INC | Healthcare | 1.2K | $209K | 0.0% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 210 | $209K | 0.0% | New |
| KMB KIMBERLY-CLARK CORP | Other | 2.2K | $208K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 47 | $537.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 49 | $548.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 39 | $563.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 39 | $543.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 38 | $513.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 42 | $536.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 46 | $536.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 44 | $512.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 45 | $529.1M | canonical | SEC ↗ |
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