Coerente Capital Management 13F annual report
Coerente Capital Management is an investment fund managing more than $512 billion ran by Marc Trottier. There are currently 43 companies in Mr. Trottier’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $104 billion.
$512 billion Assets Under Management (AUM)
As of 22nd July 2024, Coerente Capital Management’s top holding is 120,460 shares of Microsoft currently worth over $53.8 billion and making up 10.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Coerente Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 276,984 shares of Alphabet Inc worth $50.5 billion, whose value grew 18.4% in the past six months.
The third-largest holding is Fiserv worth $27.5 billion and the next is Colgate-Palmolive Co worth $24.9 billion, with 256,394 shares owned.
Currently, Coerente Capital Management's portfolio is worth at least $512 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Coerente Capital Management
The Coerente Capital Management office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Marc Trottier serves as the CO-MANAGING DIRECTOR at Coerente Capital Management.
Recent trades
In the most recent 13F filing, Coerente Capital Management revealed that it had increased its stake in
Amazon.com and bought 1,643 additional shares worth around $300 thousand.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
46.5%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that Coerente Capital Management is getting rid of from its portfolio.
Coerente Capital Management closed its position in Accenture Plc Ireland on 29th July 2024.
It sold the previously owned 640 shares for $222 million.
Marc Trottier also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $53.8 billion and 120,460 shares.
One of the average hedge funds
The two most similar investment funds to Coerente Capital Management are Affinity Wealth Management and Hudson Edge Investment Partners Inc. They manage $512 billion and $512 billion respectively.
Marc Trottier investment strategy
Coerente Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 24.9% of
the total portfolio value.
The fund focuses on investments in the United States as
51.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $388 billion.
The complete list of Coerente Capital Management trades based on 13F SEC filings
These positions were updated on July 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
5.34%
120,460
|
$53,839,597,000 | 10.51% |
| Alphabet Inc |
8.05%
276,984
|
$50,459,049,000 | 9.85% |
| Fiserv, Inc. |
2.51%
184,409
|
$27,484,317,000 | 5.36% |
| Colgate-Palmolive Co. |
1.23%
256,394
|
$24,880,473,000 | 4.86% |
| Amazon.com Inc. |
1.29%
128,617
|
$24,855,235,000 | 4.85% |
| Automatic Data Processing In |
0.34%
102,940
|
$24,570,748,000 | 4.80% |
| Illinois Tool Wks Inc |
2.50%
99,996
|
$23,695,052,000 | 4.63% |
| Abbott Labs |
1.47%
220,914
|
$22,955,173,000 | 4.48% |
| Sap SE |
2.52%
113,398
|
$22,873,510,000 | 4.46% |
| Constellation Brands, Inc. |
0.64%
88,604
|
$22,796,037,000 | 4.45% |
| Johnson Johnson |
1.54%
153,408
|
$22,422,113,000 | 4.38% |
| Pepsico Inc |
1.27%
131,228
|
$21,643,434,000 | 4.22% |
| Comcast Corp New |
0.27%
513,265
|
$20,099,457,000 | 3.92% |
| Visa Inc |
1.31%
73,333
|
$19,247,712,000 | 3.76% |
| Pfizer Inc. |
5.88%
583,063
|
$16,314,102,000 | 3.18% |
| Us Bancorp Del |
0.79%
404,811
|
$16,070,996,000 | 3.14% |
| Starbucks Corp. |
1.90%
206,141
|
$16,048,076,000 | 3.13% |
| Eog Res Inc |
1.13%
121,750
|
$15,324,672,000 | 2.99% |
| Ulta Beauty Inc |
33.88%
30,955
|
$11,944,605,000 | 2.33% |
| CVS Health Corp |
5.17%
199,391
|
$11,776,032,000 | 2.30% |
| Truist Finl Corp |
0.60%
297,927
|
$11,574,463,000 | 2.26% |
| Jpmorgan Chase Co. |
6.70%
45,496
|
$9,202,020,000 | 1.80% |
| Vanguard Index Fds |
No change
13,200
|
$6,601,716,000 | 1.29% |
| Chevron Corp. |
5.39%
20,615
|
$3,224,598,000 | 0.63% |
| Procter And Gamble Co |
3.92%
17,397
|
$2,869,113,000 | 0.56% |
| Exxon Mobil Corp. |
16.75%
10,613
|
$1,221,768,000 | 0.24% |
| Emerson Elec Co |
1.14%
8,000
|
$881,280,000 | 0.17% |
| Becton Dickinson Co |
No change
3,646
|
$852,106,000 | 0.17% |
| Walmart Inc |
No change
11,100
|
$751,581,000 | 0.15% |
| Abbvie Inc |
No change
4,200
|
$720,384,000 | 0.14% |
| Berkshire Hathaway Inc. |
2.58%
1,512
|
$615,081,000 | 0.12% |
| Apple Inc |
13.77%
2,892
|
$609,113,000 | 0.12% |
| Philip Morris International Inc |
23.78%
5,450
|
$552,248,000 | 0.11% |
| Spdr Sp 500 Etf Tr |
No change
915
|
$497,961,000 | 0.10% |
| Costco Whsl Corp New |
67.69%
545
|
$463,244,000 | 0.09% |
| Diageo plc |
No change
3,415
|
$430,563,000 | 0.08% |
| Kimberly-Clark Corp. |
4.24%
2,260
|
$312,332,000 | 0.06% |
| Unitedhealth Group Inc |
39.08%
605
|
$308,102,000 | 0.06% |
| International Business Machs |
14.63%
1,750
|
$302,662,000 | 0.06% |
| 3M Co. |
No change
2,850
|
$291,241,000 | 0.06% |
| Merck Co Inc |
49.65%
2,231
|
$276,197,000 | 0.05% |
| Mondelez International Inc. |
No change
3,600
|
$235,584,000 | 0.05% |
| Accenture Plc Ireland |
Closed
640
|
$221,830,000 | |
| Oracle Corp. |
6.02%
1,560
|
$220,272,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 44 holdings | |||
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