Coho Partners, Ltd. Profile
Coho Partners, Ltd. is an investment management firm based out of Berwyn, Pennsylvania. The company was originally established in 1999 by Peter A. Thompson, who is still with the company today acting as its CIO and Treasurer, and has grown from its inception to now operate with 10 employees of which half are investment professionals. Coho Partners conducts its research internally, utilizing a fundamental and quantitative methodology to make its investment decisions. The company invests in the public equity markets within the United States, allocating its assets across a wide range of sectors and benchmarking its performances against the S&P 500 and Russell 1000 indexes. Coho Partners invests most heavily in the health care sector, which alone makes up over a quarter of its total asset allocations, and also invests in the consumer staples, which makes up another fifth of its allocations, industrials, finance, consumer discretionary, energy, and information technology sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations for over 20 quarters on average although Coho Partners only holds its top 10 allocations, which makes up over two fifth of its total allocations, for 3.8 quarters on average. In the most recent quarter, Coho Partners had a turnover rate of approximately 7%. Coho Partners manages over $2.5 billion in total assets under management spread across 160 accounts, all of which are discretionary accounts. Both of the firm’s total number of accounts and total assets have been increasing in recent years, although its total number of accounts has drastically dropped in the recent quarter from a previous high of 683 accounts, with its total assets under management growing significantly from under a quarter billion back in 2010 to over 10 times that amount today. Coho Partners currently offers its Relative Value Equity Fund.