COERENTE CAPITAL MANAGEMENT

CIK

1860790

Location

TORONTO, A6

Portfolio Value

Small $526,713,973

Diversification

Diversified

Filing Date

Global Rank

#2,523 / 8,603 ▲ 28 · as of Mar 2026

Top Industry

Drug Manufacturers - General 11.5%

3Y Alpha vs SPY

-10.0%

Period ended 3 months ago

Filed Apr 17, 2026 · 3mo

21 quarters · since Mar 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+34.0%

SPY

+76.0%

Annualised alpha

-10.5%

Max drawdown

−14.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

44 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.5%

−2.0 pts

Top 5

35.5%

−3.4 pts

Top 10

58.5%

−4.1 pts

HHI

505

Diversified−50

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	17.5%	$92,425,750	6
Healthcare	16.7%	$88,018,122	9
Financial Services	15.3%	$80,744,675	8
Consumer Cyclical	13.1%	$68,800,877	4
Consumer Defensive	12.2%	$64,378,154	8
Communication Services	9.5%	$49,812,005	1
Industrials	8.7%	$46,002,920	3
Energy	4.9%	$25,900,567	2
Unclassified	2.0%	$10,331,189	2
Basic Materials	0.1%	$299,714	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
FISV	Fiserv Inc	+77,984	180,310	$10,061,298
OTIS	Otis Worldwide Corp	+47,848	227,914	$17,567,611
PFE	Pfizer Inc	+34,339	701,344	$19,693,739
STZ	Constellation Brands, Inc.	+32,729	109,715	$16,457,250
ADP	Automatic Data Processing Inc	+27,643	122,480	$24,885,486
SAP	Sap SE	+21,630	137,685	$23,573,048
V	Visa Inc.	+13,813	88,967	$26,889,386
TFC	Truist Financial Corp	+8,719	338,586	$15,564,798
USB	US Bancorp De	+5,659	435,087	$22,628,874
ABT	Abbott Laboratories	+4,801	226,208	$23,224,775
EOG	Eog Resources Inc	+4,561	148,737	$21,502,908
SBUX	Starbucks Corp	+2,949	215,541	$19,310,318
MSFT	Microsoft Corp	+1,984	114,582	$42,414,818
CL	Colgate Palmolive Co	+1,796	258,810	$22,058,376
AMZN	Amazon Com Inc	+1,556	138,541	$28,853,934
PEP	Pepsico Inc	+1,099	143,096	$22,221,377
ULTA	Ulta Beauty, Inc.	+411	38,287	$20,012,997
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−23,587	173,223	$49,812,005
CVS	CVS HEALTH Corp	−14,069	60,599	$4,352,220
IBKR	Interactive Brokers Group, Inc.	−3,000	14,840	$995,318
JNJ	Johnson & Johnson	−2,047	157,387	$38,471,678
ORCL	Oracle Corp	−900	4,400	$647,284
JPM	Jpmorgan Chase & Co	−505	41,798	$12,295,299
ITW	Illinois Tool Works Inc	−268	105,243	$27,393,700
BSX	Boston Scientific Corp	−175	4,265	$267,628
SPY	Spdr S&P 500 ETF Trust	−100	415	$269,891
TJX	Tjx Companies Inc /De/	−100	3,905	$623,628
AAPL	Apple Inc.	−90	1,895	$480,932
CVX	Chevron Corp	−40	21,255	$4,397,659
BRK-B	Berkshire Hathaway Inc	−20	2,767	$1,325,946
PG	PROCTER & GAMBLE Co	−5	12,511	$1,807,088
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
COST	Costco Wholesale Corp /New	210	$209,250
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
GWRE	Guidewire Software, Inc.	2,530	$508,555
UNH	Unitedhealth Group Inc	915	$302,050
CPRT	Copart Inc	5,860	$229,419
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

44 positions · $526,713,973 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	173,223	-23,587	$49,812,005	−19.1%	9.46%
MSFT	Microsoft Corp Technology	Added	114,582	+1,984	$42,414,818	−22.1%	8.05%
JNJ	Johnson & Johnson Healthcare	Reduced	157,387	-2,047	$38,471,678	+16.6%	7.30%
AMZN	Amazon Com Inc Consumer Cyclical	Added	138,541	+1,556	$28,853,934	−8.7%	5.48%
ITW	Illinois Tool Works Inc Industrials	Reduced	105,243	-268	$27,393,700	+5.4%	5.20%
V	Visa Inc. Financial Services	Added	88,967	+13,813	$26,889,386	+2.0%	5.11%
ADP	Automatic Data Processing Inc Technology	Added	122,480	+27,643	$24,885,486	+2.0%	4.72%
SAP	Sap SE Technology	Added	137,685	+21,630	$23,573,048	−16.4%	4.48%
ABT	Abbott Laboratories Healthcare	Added	226,208	+4,801	$23,224,775	−16.3%	4.41%
USB	US Bancorp De Financial Services	Added	435,087	+5,659	$22,628,874	−1.2%	4.30%
PEP	Pepsico Inc Consumer Defensive	Added	143,096	+1,099	$22,221,377	+9.0%	4.22%
CL	Colgate Palmolive Co Consumer Defensive	Added	258,810	+1,796	$22,058,376	+8.6%	4.19%
EOG	Eog Resources Inc Energy	Added	148,737	+4,561	$21,502,908	+42.0%	4.08%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Added	38,287	+411	$20,012,997	−12.7%	3.80%
PFE	Pfizer Inc Healthcare	Added	701,344	+34,339	$19,693,739	+18.6%	3.74%
SBUX	Starbucks Corp Consumer Cyclical	Added	215,541	+2,949	$19,310,318	+7.9%	3.67%
OTIS	Otis Worldwide Corp Industrials	Added	227,914	+47,848	$17,567,611	+11.7%	3.34%
STZ	Constellation Brands, Inc. Consumer Defensive	Added	109,715	+32,729	$16,457,250	+55.0%	3.12%
TFC	Truist Financial Corp Financial Services	Added	338,586	+8,719	$15,564,798	−4.1%	2.96%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	41,798	-505	$12,295,299	−9.8%	2.33%
FISV	Fiserv Inc	Added	180,310	+77,984	$10,061,298	+46.4%	1.91%
CVX	Chevron Corp Energy	Reduced	21,255	-40	$4,397,659	+35.5%	0.83%
CVS	CVS HEALTH Corp Healthcare	Reduced	60,599	-14,069	$4,352,220	−26.6%	0.83%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	12,511	-5	$1,807,088	+0.7%	0.34%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,767	-20	$1,325,946	−5.3%	0.25%
WMT	Walmart Inc. Consumer Defensive	Held	9,600	0	$1,193,088	+11.6%	0.23%
EMR	Emerson Electric Co Industrials	Held	7,950	0	$1,041,609	−1.3%	0.20%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	14,840	-3,000	$995,318	−13.2%	0.19%
ABBV	AbbVie Inc. Healthcare	Held	4,200	0	$913,458	−4.8%	0.17%
BDX	Becton Dickinson & Co Healthcare	Held	4,132	0	$649,674	+3.1%	0.12%
ORCL	Oracle Corp Technology	Reduced	4,400	-900	$647,284	−37.3%	0.12%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	3,905	-100	$623,628	+1.4%	0.12%
CB	Chubb Ltd Financial Services	Held	1,750	0	$570,377	+4.4%	0.11%
AAPL	Apple Inc. Technology	Reduced	1,895	-90	$480,932	−10.9%	0.09%
MA	Mastercard Inc Financial Services	Held	950	0	$474,677	−12.5%	0.09%
IBM	International Business Machines Corp Technology	Held	1,750	0	$424,182	−18.2%	0.08%
SHW	Sherwin Williams Co Basic Materials	Held	935	0	$299,714	−1.1%	0.06%
SPY	Spdr S&P 500 ETF Trust	Reduced	415	-100	$269,891	−23.1%	0.05%
BSX	Boston Scientific Corp Healthcare	Reduced	4,265	-175	$267,628	−36.8%	0.05%
MRK	Merck & Co., Inc. Healthcare	Held	1,958	0	$235,527	+14.3%	0.04%
DEO	Diageo PLC Consumer Defensive	Held	3,000	0	$223,350	−13.7%	0.04%
IQV	Iqvia Holdings Inc. Healthcare	Held	1,228	0	$209,423	−24.3%	0.04%
COST	Costco Wholesale Corp /New Consumer Defensive	NEW	210	NEW	$209,250	NEW	0.04%
KMB	Kimberly Clark Corp Consumer Defensive	Held	2,160	0	$208,375	−4.4%	0.04%