Coho Partners, Ltd.

Portfolio Overview

Coho Partners, Ltd. disclosed 32 positions worth $779.1M in its Form 13F-HR for Q3 2025, led by $ROST (ROSS STORES, INC.) at 5.6% of the equity portfolio, followed by $COR and $USB. During the quarter the fund opened 0 new positions and exited 2 and a full exit from $ABT. The portfolio is most concentrated in Consumer Discretionary (25.4% of disclosed assets). All figures are sourced directly from Coho Partners, Ltd.’s Form 13F-HR filing with the SEC under CIK 1350585.

• 

  ROSS STORES, INC.

  $ROST

  71.5#259

  Quality

  $43.9M287,946 sh
• 

  Cencora, Inc.

  $COR

  59.6#913

  Quality

  $37.9M121,408 sh
• 

  US BANCORP DE

  $USB

  71.4#263

  Quality

  $35.9M742,173 sh
• 

  SYSCO CORP

  $SYY

  58.4

  Quality

  $35.7M433,809 sh
• 

  LOWES COMPANIES INC

  $LOW

  63.5

  Quality

  $34.2M136,002 sh
• 

  THERMO FISHER SCIENTIFIC INC.

  $TMO

  63.7

  Quality

  $33.7M69,551 sh
• 

  AUTOZONE INC

  $AZO

  66.5

  Quality

  $33.3M7,760 sh
• 

  Walt Disney Co

  $DIS

  68.9

  Quality

  $32.5M283,521 sh
• 

  JOHNSON & JOHNSON

  $JNJ

  72.8

  Quality

  $32.3M174,469 sh
• 

  UNITEDHEALTH GROUP INC

  $UNH

  66.8

  Quality

  $30.1M87,285 sh

Company	Quality	Value	Shares
ROSS STORES, INC.$ROST	71.5#259	$43.9M	287,946
Cencora, Inc.$COR	59.6#913	$37.9M	121,408
US BANCORP DE$USB	71.4#263	$35.9M	742,173
SYSCO CORP$SYY	58.4	$35.7M	433,809
LOWES COMPANIES INC$LOW	63.5	$34.2M	136,002
THERMO FISHER SCIENTIFIC INC.$TMO	63.7	$33.7M	69,551
AUTOZONE INC$AZO	66.5	$33.3M	7,760
Walt Disney Co$DIS	68.9	$32.5M	283,521
JOHNSON & JOHNSON$JNJ	72.8	$32.3M	174,469
UNITEDHEALTH GROUP INC$UNH	66.8	$30.1M	87,285

Showing top 10 of 32 holdings.

Full Holdings — Coho Partners, Ltd. (Q3 2025)

All 32 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$ROST	ROSS STORES, INC.	$43.9M	5.6%	-43%	71.5
2	$COR	Cencora, Inc.	$37.9M	4.9%	-43%	59.6
3	$USB	US BANCORP DE	$35.9M	4.6%	-27%	71.4
4	$SYY	SYSCO CORP	$35.7M	4.6%	-43%	58.4
5	$LOW	LOWES COMPANIES INC	$34.2M	4.4%	-43%	63.5
6	$TMO	THERMO FISHER SCIENTIFIC INC.	$33.7M	4.3%	-43%	63.7
7	$AZO	AUTOZONE INC	$33.3M	4.3%	-43%	66.5
8	$DIS	Walt Disney Co	$32.5M	4.2%	-43%	68.9
9	$JNJ	JOHNSON & JOHNSON	$32.3M	4.2%	-43%	72.8
10	$UNH	UNITEDHEALTH GROUP INC	$30.1M	3.9%	-43%	66.8
11	$WRB	BERKLEY W R CORP	$29.7M	3.8%	-43%	71.8
12	$MDT	Medtronic plc	$28.2M	3.6%	-43%	—
13	$SCI	SERVICE CORP INTERNATIONAL	$28.2M	3.6%	-43%	54.8
14	$MCHP	MICROCHIP TECHNOLOGY INC	$27.3M	3.5%	-43%	40
15	$ICLR	ICON PLC	$26.7M	3.4%	-34%	—
16	$STE	STERIS plc	$26.4M	3.4%	-13%	—
17	$KDP	Keurig Dr Pepper Inc.	$25.8M	3.3%	-44%	63.1
18	$MDLZ	Mondelez International, Inc.	$25.8M	3.3%	-43%	53.9
19	$PM	Philip Morris International Inc.	$23.8M	3.0%	-44%	80.5
20	$MRSH	MARSH & MCLENNAN COMPANIES, INC.	$23.2M	3.0%	-42%	71.5
21	$GWW	W.W. GRAINGER, INC.	$22.9M	2.9%	-43%	69.5
22	$STT	STATE STREET CORP	$22.8M	2.9%	-43%	61.5
23	$CVX	CHEVRON CORP	$21.4M	2.7%	-43%	54.7
24	$KO	COCA COLA CO	$18.2M	2.3%	-43%	74
25	$APD	Air Products & Chemicals, Inc.	$17.1M	2.2%	-43%	41.2
26	—	Quest Diagnostics Incorporated	$17.0M	2.2%	-42%	—
27	$GPN	GLOBAL PAYMENTS INC	$15.9M	2.0%	-43%	42.9
28	$UPS	UNITED PARCEL SERVICE INC	$11.7M	1.5%	-43%	58.2
29	$STZ	CONSTELLATION BRANDS, INC.	$10.9M	1.4%	-44%	65
30	$CL	COLGATE PALMOLIVE CO	$2.5M	0.3%	-35%	72.4
31	$BMY	BRISTOL MYERS SQUIBB CO	$2.2M	0.3%	-44%	70.1
32	$KVUE	Kenvue Inc.	$1.9M	0.2%	-37%	60.2