Coho Partners
BERWYN, PAfiles as Coho Partners, Ltd.
$779m in 32 US stocks at the end of 30 September 2025. The top 10 are 44.9% of the money. It changed about 7.9% of the portfolio this quarter.
Value
$779m
Stocks
32
Top 10 share
44.9%
Turnover
7.9%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Ross StoresROST5.6% of the fund-43%
- CencoraCOR4.9% of the fund-43%
- US BancorpUSB4.6% of the fund-27%
- SyscoSYY4.6% of the fund-43%
- Lowe's CompaniesLOW4.4% of the fund-43%
- Thermo Fisher ScientificTMO4.3% of the fund-43%
- AutozoneAZO4.3% of the fund-43%
- Walt DisneyDIS4.2% of the fund-43%
- Johnson & JohnsonJNJ4.2% of the fund-43%
- UnitedHealth GroupUNH3.9% of the fund-43%
- Berkley W RWRB3.8% of the fund-43%
- MedtronicMDT3.6% of the fund-43%
- Service Corp InternationalSCI3.6% of the fund-43%
- Microchip TechnologyMCHP3.5% of the fund-43%
- IconICLR3.4% of the fund-34%
- SterisSTE3.4% of the fund-13%
- Keurig Dr PepperKDP3.3% of the fund-44%
- Mondelez InternationalMDLZ3.3% of the fund-43%
- Philip Morris InternationalPM3.1% of the fund-44%
- Marsh & McLennan CompaniesMRSH3.0% of the fund-42%
- W.W. GraingerGWW2.9% of the fund-43%
- State StreetSTT2.9% of the fund-43%
- ChevronCVX2.7% of the fund-43%
- Coca-ColaKO2.3% of the fund-43%
- Air Products & ChemicalsAPD2.2% of the fund-43%
Sold out
Sold their entire stake.
- Abbott LaboratoriesABT-100%
- J M SmuckerSJM-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Ross StoresROST | 5.6% | $44m | 287,946 | -43% |
| CencoraCOR | 4.9% | $38m | 121,408 | -43% |
| US BancorpUSB | 4.6% | $36m | 742,173 | -27% |
| SyscoSYY | 4.6% | $36m | 433,809 | -43% |
| Lowe's CompaniesLOW | 4.4% | $34m | 136,002 | -43% |
| Thermo Fisher ScientificTMO | 4.3% | $34m | 69,551 | -43% |
| AutozoneAZO | 4.3% | $33m | 7,760 | -43% |
| Walt DisneyDIS | 4.2% | $32m | 283,521 | -43% |
| Johnson & JohnsonJNJ | 4.2% | $32m | 174,469 | -43% |
| UnitedHealth GroupUNH | 3.9% | $30m | 87,285 | -43% |
| Berkley W RWRB | 3.8% | $30m | 387,851 | -43% |
| MedtronicMDT | 3.6% | $28m | 296,319 | -43% |
| Service Corp InternationalSCI | 3.6% | $28m | 338,402 | -43% |
| Microchip TechnologyMCHP | 3.5% | $27m | 425,125 | -43% |
| IconICLR | 3.4% | $27m | 152,503 | -34% |
| SterisSTE | 3.4% | $26m | 106,865 | -13% |
| Keurig Dr PepperKDP | 3.3% | $26m | 1,009,929 | -44% |
| Mondelez InternationalMDLZ | 3.3% | $26m | 412,208 | -43% |
| Philip Morris InternationalPM | 3.1% | $24m | 146,540 | -44% |
| Marsh & McLennan CompaniesMRSH | 3.0% | $23m | 114,928 | -42% |
| W.W. GraingerGWW | 2.9% | $23m | 24,026 | -43% |
| State StreetSTT | 2.9% | $23m | 196,952 | -43% |
| ChevronCVX | 2.7% | $21m | 137,718 | -43% |
| Coca-ColaKO | 2.3% | $18m | 274,439 | -43% |
| Air Products & ChemicalsAPD | 2.2% | $17m | 62,775 | -43% |
| Quest DiagnosticsDGX | 2.2% | $17m | 89,103 | -42% |
| Global PaymentsGPN | 2.0% | $16m | 191,311 | -43% |
| United Parcel ServiceUPS | 1.5% | $12m | 140,383 | -43% |
| Constellation BrandsSTZ | 1.4% | $11m | 81,168 | -44% |
| Colgate-PalmoliveCL | 0.3% | $3m | 31,641 | -35% |
| Bristol-Myers SquibbBMY | 0.3% | $2m | 48,227 | -44% |
| KenvueKVUE | 0.2% | $2m | 117,133 | -37% |
Over time and by industry
Value over time
Sep '25
Value is down 42.0% since 30 June 2025.
Where the money is
Health care30.1%
Everyday goods18.6%
Retail & consumer17.9%
Financial services16.4%
Industrials4.4%
Media & telecom4.2%
Technology3.5%
Energy2.7%
Materials2.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.