# COERENTE CAPITAL MANAGEMENT

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1860790. Source: https://holderbook.com/funds/1860790-coerente-capital-management/

- Reported value: $543.3M
- Positions: 43
- Weight of the ten largest: 59.4%
- Filed: 2026-07-22

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $44.4M | 124,264 | 8.2% | 22 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $43.1M | 115,572 | 7.9% | 22 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $39.7M | 156,463 | 7.3% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $33.2M | 139,131 | 6.1% | 22 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $30.9M | 90,133 | 5.7% | 22 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $28.5M | 105,455 | 5.3% | 22 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $27.9M | 124,795 | 5.1% | 22 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $26.3M | 435,471 | 4.8% | 22 |
| SAP SE | [SAP](https://holderbook.com/stocks/SAP/) | $24.8M | 160,606 | 4.6% | 22 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $24.0M | 261,413 | 4.4% | 22 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $22.0M | 215,344 | 4.1% | 22 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $21.8M | 239,811 | 4.0% | 22 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $19.6M | 144,699 | 3.6% | 22 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $19.4M | 149,730 | 3.6% | 22 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $17.7M | 39,243 | 3.3% | 12 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $17.4M | 348,674 | 3.2% | 22 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $17.1M | 711,299 | 3.2% | 22 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $15.6M | 112,019 | 2.9% | 22 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $15.0M | 209,885 | 2.8% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $13.5M | 41,273 | 2.5% | 22 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $9.0M | 183,699 | 1.7% | 22 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $7.5M | 11,000 | 1.4% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.5M | 27,490 | 1.0% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.4M | 20,800 | 0.6% | 22 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.8M | 5,211 | 0.3% | 22 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.8M | 12,511 | 0.3% | 22 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $1.3M | 9,798 | 0.2% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.3M | 2,657 | 0.2% | 22 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $1.3M | 14,840 | 0.2% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.1M | 7,950 | 0.2% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.1M | 9,600 | 0.2% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.1M | 4,200 | 0.2% | 11 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $625.3K | 4,132 | 0.1% | 22 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $601.4K | 1,765 | 0.1% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $596.5K | 4,070 | 0.1% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $584.0K | 3,855 | 0.1% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $514.5K | 1,778 | 0.1% | 22 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $492.1K | 1,750 | 0.1% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $487.9K | 950 | 0.1% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $276.3K | 370 | 0.1% | 11 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $251.6K | 1,958 | 0.0% | 3 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $237.3K | 1,228 | 0.0% | 3 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $237.1K | 2,160 | 0.0% | 22 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +3.7% | +14.8% | -11.2% | 100% |
| Q1 2026 | -5.8% | -4.6% | -1.2% | 100% |
| Q4 2025 | +0.9% | +2.4% | -1.5% | 100% |
| Q3 2025 | +2.7% | +7.8% | -5.1% | 100% |
| Q2 2025 | +3.8% | +10.5% | -6.7% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.5% | 100% |
| Q3 2024 | +5.4% | +5.4% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $543.3M | 43 |
| Q1 2026 | $537.4M | 47 |
| Q4 2025 | $548.0M | 49 |
| Q3 2025 | $563.0M | 39 |
| Q2 2025 | $543.8M | 39 |
| Q1 2025 | $513.3M | 38 |
| Q4 2024 | $536.1M | 42 |
| Q3 2024 | $536.2M | 46 |
| Q2 2024 | $512.3M | 44 |
| Q1 2024 | $529.1M | 45 |
| Q4 2023 | $489.0M | 41 |
| Q3 2023 | $448.4M | 35 |