Coho Partners, LTD.
Coho Partners, Ltd. is an independent, employee-owned asset management firm headquartered in Berwyn, Pennsylvania, United States. Founded in 1999, the firm is an SEC-registered investment adviser serving institutional and individual clients including benefit plans, endowments, foundations, corporations, high-net-worth individuals, and intermediaries. As of 2022, Coho had around 32 employees, over 20 of whom are partners, and it remains focused on fundamental equity investing for a largely institutional and intermediary client base.
Investment Strategy
Coho Partners employs a proprietary, fundamental investment process focused on constructing equity portfolios designed to protect capital in down markets and capture competitive returns in strong markets. Their core universe (the 'Coho 250') consists of stable, growing companies, and portfolio construction is driven by in-depth research, quantitative and qualitative ESG analysis, and risk/return profile. The approach is characterized by selective exclusion of industries (for ESG strategies), disciplined buy/sell criteria, and a focus on long-term, risk-adjusted outperformance through downside protection and participation in market growth.
Top Holdings
Equity Positions (31)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R ROST | Ross Stores Inc | 5.63% | $43.9M | 287,946 | $80.47 | $152.39 | -$20.8M |
U USB | U.S. Bancorp. | 4.60% | $35.9M | 742,173 | $40.00 | $48.33 | -$10.1M |
S SYY | Sysco Corporation | 4.58% | $35.7M | 433,809 | $65.19 | $82.34 | -$22.1M |
L LOW | Lowes Companies, Inc. | 4.39% | $34.2M | 136,002 | $86.65 | $251.31 | -$18.4M |
T TMO | Thermo Fisher Scientific Inc | 4.33% | $33.7M | 69,551 | $484.30 | $485.02 | -$16.0M |