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Choate Investment Advisors

13F for the quarter to June 30, 2026, filed August 11, 2026 · SEC CIK 1399794

Reported value
$5.7bn
33% in companies we cover
Positions we cover
321
Largest AAPL 3.1%
Copy, a year
+14.5%
S&P 500 +14.1%
Copy Sharpe ratio
0.83
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $59.8k$57.0k
CopyS&P 500 $10,000 copying Choate Investment Advisors's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −29.6% (S&P 500 −31.8%); beta 0.94; alpha +1.0% a year (t = 1.27); last 12 months +13.0% against +12.1%.

Reported value by quarter

Choate Investment Advisors: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $500B $1T $1.5T $2T Reported value, 2013-06-30: $1.2T Reported value, 2013-09-30: $1.4T Reported value, 2013-12-31: $1.5T Reported value, 2014-03-31: $1.6T Reported value, 2014-06-30: $1.7T Reported value, 2014-09-30: $1.7T Reported value, 2014-12-31: $1.7T Reported value, 2015-03-31: $1.8T Reported value, 2015-06-30: $1.7T Reported value, 2015-09-30: $1.5T Reported value, 2015-12-31: $1.4T Reported value, 2016-03-31: $1.4T Reported value, 2016-06-30: $1.4T Reported value, 2016-09-30: $1.5T Reported value, 2016-12-31: $1.6T Reported value, 2017-03-31: $1.7T Reported value, 2017-06-30: $1.8T Reported value, 2017-09-30: $1.9T Reported value, 2017-12-31: $2T Reported value, 2018-03-31: $1.9T Reported value, 2018-06-30: $1.7B Reported value, 2018-09-30: $1.8B Reported value, 2018-12-31: $1.6B Reported value, 2019-03-31: $1.7B Reported value, 2019-06-30: $1.7B Reported value, 2019-09-30: $1.6B Reported value, 2019-12-31: $1.6B Reported value, 2020-03-31: $1.3B Reported value, 2020-06-30: $1.4B Reported value, 2020-09-30: $1.5B Reported value, 2020-12-31: $1.6B Reported value, 2021-03-31: $1.6B Reported value, 2021-06-30: $1.6B Reported value, 2021-09-30: $1.6B Reported value, 2021-12-31: $1.7B Reported value, 2022-03-31: $1.9B Reported value, 2022-06-30: $1.6B Reported value, 2022-09-30: $1.5B Reported value, 2022-12-31: $1.7T Reported value, 2023-03-31: $2.1B Reported value, 2023-06-30: $2.4B Reported value, 2023-09-30: $2.6B Reported value, 2023-12-31: $3.2B Reported value, 2024-03-31: $3.7B Reported value, 2024-06-30: $3.8B Reported value, 2024-09-30: $3.9B Reported value, 2024-12-31: $4.2B Reported value, 2025-03-31: $4B Reported value, 2025-06-30: $4.6B Reported value, 2025-09-30: $4.8B Reported value, 2025-12-31: $5.1B Reported value, 2026-03-31: $5.1B Reported value, 2026-06-30: $5.7B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $5.7B
View chart data
Period Reported value
2013-06-30 $1.2T
2013-09-30 $1.4T
2013-12-31 $1.5T
2014-03-31 $1.6T
2014-06-30 $1.7T
2014-09-30 $1.7T
2014-12-31 $1.7T
2015-03-31 $1.8T
2015-06-30 $1.7T
2015-09-30 $1.5T
2015-12-31 $1.4T
2016-03-31 $1.4T
2016-06-30 $1.4T
2016-09-30 $1.5T
2016-12-31 $1.6T
2017-03-31 $1.7T
2017-06-30 $1.8T
2017-09-30 $1.9T
2017-12-31 $2T
2018-03-31 $1.9T
2018-06-30 $1.7B
2018-09-30 $1.8B
2018-12-31 $1.6B
2019-03-31 $1.7B
2019-06-30 $1.7B
2019-09-30 $1.6B
2019-12-31 $1.6B
2020-03-31 $1.3B
2020-06-30 $1.4B
2020-09-30 $1.5B
2020-12-31 $1.6B
2021-03-31 $1.6B
2021-06-30 $1.6B
2021-09-30 $1.6B
2021-12-31 $1.7B
2022-03-31 $1.9B
2022-06-30 $1.6B
2022-09-30 $1.5B
2022-12-31 $1.7T
2023-03-31 $2.1B
2023-06-30 $2.4B
2023-09-30 $2.6B
2023-12-31 $3.2B
2024-03-31 $3.7B
2024-06-30 $3.8B
2024-09-30 $3.9B
2024-12-31 $4.2B
2025-03-31 $4B
2025-06-30 $4.6B
2025-09-30 $4.8B
2025-12-31 $5.1B
2026-03-31 $5.1B
2026-06-30 $5.7B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
AAPLApple Inc.3.08%$175.3m605.8K−3.0% Reduced
NVDANVIDIA Corporation2.22%$126.3m631.1K−1.6% Reduced
MSFTMicrosoft Corporation2.10%$119.2m319.5K−1.6% Reduced
AMZNAmazon1.95%$110.7m464.5K−1.9% Reduced
GOOGLAlphabet Inc. (Class A)1.82%$103.9m290.7K−2.2% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD1.14%$64.6m135.3K+1.4% Added
LLYLilly (Eli)1.07%$60.9m50.8K0.0%
JPMJPMorgan Chase0.92%$52.3m159.9K−0.6% Reduced
JNJJohnson & Johnson0.82%$46.9m184.8K−1.5% Reduced
WMTWalmart0.81%$46.4m409.3K−1.6% Reduced
HDThe Home Depot0.77%$44.0m124.7K−5.5% Reduced
TJXTJX Companies0.65%$37.0m244.3K−1.9% Reduced
VVisa Inc.0.62%$35.1m102.2K−3.2% Reduced
AVGOBroadcom0.54%$31.0m82.0K+11.4% Added
MAMastercard0.49%$27.8m54.1K−0.6% Reduced
METAMeta Platforms0.42%$24.0m42.6K−8.0% Reduced
LINLinde plc0.39%$22.3m42.9K+2.8% Added
ABTAbbott Laboratories0.37%$21.3m234.4K−22.9% Reduced
PWRQuanta Services0.37%$21.2m29.4K−0.3%
MRSHMarsh McLennan0.36%$20.3m121.9K0.0%
PGProcter & Gamble0.34%$19.2m130.7K−12.9% Reduced
ABBVAbbVie0.32%$18.0m71.6K−4.1% Reduced
WCNWaste Connections, Inc.0.30%$17.3m104.1K−1.7% Reduced
KOThe Coca-Cola Company0.29%$16.3m200.7K+0.5% Added
AMATApplied Materials0.28%$16.2m22.5K−11.9% Reduced
AXPAmerican Express0.27%$15.6m46.0K−2.6% Reduced
MSCIMSCI0.26%$15.0m26.8K+0.2%
BKNGBooking Holdings0.26%$14.8m82.8K+2357.5% Added
PGRProgressive Corporation0.25%$14.2m64.8K+1.1% Added
PEPPepsiCo0.23%$13.2m97.7K−4.3% Reduced
UBERUber0.21%$12.2m169.0K+11.0% Added
MRKMerck & Co.0.21%$12.2m94.7K−7.1% Reduced
CSCOCisco0.21%$11.8m100.5K−3.2% Reduced
NFLXNetflix0.18%$10.3m144.4K+35.7% Added
INTCIntel0.18%$10.3m73.7K+0.6% Added
VMCVulcan Materials Company0.18%$10.2m34.6K+4.6% Added
EMREmerson Electric0.18%$10.2m71.2K−7.1% Reduced
CATCaterpillar Inc.0.18%$10.1m9.5K+0.5% Added
ADPAutomatic Data Processing0.17%$10.0m44.4K−5.2% Reduced
MUMicron Technology0.17%$9.5m8.2K+47.0% Added
COSTCostco0.15%$8.6m9.2K−3.7% Reduced
EPDEnterprise Products Partners L.p.0.15%$8.4m229.3K−1.2% Reduced
ADBEAdobe Inc.0.14%$8.1m39.7K−14.1% Reduced
VRSKVerisk Analytics, Inc.0.14%$8.0m44.8KNew
GEGE Aerospace0.14%$7.8m20.9K−1.4% Reduced
DHRDanaher Corporation0.14%$7.8m40.8K−5.2% Reduced
EWEdwards Lifesciences0.13%$7.3m81.1K−16.4% Reduced
DISThe Walt Disney Company0.12%$7.0m73.1K−9.0% Reduced
ECLEcolab0.12%$7.0m25.0K−15.3% Reduced
RTXRTX Corporation0.12%$6.6m35.0K−0.3%
GEVGE Vernova0.12%$6.5m5.5K+5.9% Added
IBMIBM0.10%$5.8m20.7K+2.7% Added
MCDMcDonald's0.10%$5.6m20.7K−7.0% Reduced
PANWPalo Alto Networks0.10%$5.6m16.3K+0.3%
COPConocoPhillips0.10%$5.4m52.2K−1.3% Reduced
TSLATesla, Inc.0.10%$5.4m12.9K+2.3% Added
AMPAmeriprise Financial0.09%$5.3m11.5K−11.2% Reduced
LRCXLam Research0.09%$5.3m12.1K+0.5%
ADIAnalog Devices0.09%$5.0m12.6K−0.8% Reduced
NEMNewmont0.09%$4.9m52.7K−2.2% Reduced
CVXChevron Corporation0.09%$4.9m29.4K+0.8% Added
TMOThermo Fisher Scientific0.08%$4.8m9.5K−6.9% Reduced
CBChubb Limited0.08%$4.7m13.7K0.0%
HLTHilton Worldwide0.08%$4.5m13.6K+1.2% Added
AMGNAmgen0.08%$4.4m12.2K−15.7% Reduced
FTNTFortinet0.08%$4.4m28.7K+0.1%
SPGIS&P Global0.08%$4.4m10.8K−8.9% Reduced
ORCLOracle Corporation0.08%$4.4m29.9K−1.4% Reduced
MSMorgan Stanley0.08%$4.3m20.7K−12.2% Reduced
BACBank of America0.07%$4.2m73.9K−0.7% Reduced
UNPUnion Pacific Corporation0.07%$4.1m15.1K−7.9% Reduced
MMM3M0.07%$4.0m24.5K−1.7% Reduced
AFLAflac0.07%$3.8m32.3K−8.3% Reduced
DEDeere & Company0.07%$3.8m6.0K−1.8% Reduced
GSGoldman Sachs0.07%$3.8m3.7K−3.9% Reduced
NEENextEra Energy0.07%$3.7m41.9K−1.8% Reduced
AMDAdvanced Micro Devices0.06%$3.7m6.3K+0.7% Added
STXSeagate Technology0.06%$3.5m3.6K−0.3%
PFEPfizer0.06%$3.4m142.8K−0.8% Reduced
KLACKLA Corporation0.06%$3.4m11.4K+905.1% Added
SYKStryker Corporation0.06%$3.4m10.9K−4.0% Reduced
ILMNIllumina, Inc.0.06%$3.4m19.4K0.0%
LOWLowe's0.06%$3.4m15.3K−4.0% Reduced
WFCWells Fargo0.06%$3.3m40.3K0.0%
MPCMarathon Petroleum0.06%$3.3m12.9K−0.1%
GISGeneral Mills0.06%$3.2m93.4K−1.0% Reduced
ATRAptargroup, Inc.0.06%$3.1m24.9K−18.9% Reduced
SCHWCharles Schwab Corporation0.05%$3.0m32.9K−3.3% Reduced
ITWIllinois Tool Works0.05%$3.0m11.2K−2.7% Reduced
TRVThe Travelers Companies0.05%$3.0m9.0K−0.7% Reduced
TXNTexas Instruments0.05%$3.0m10.0K−2.4% Reduced
ODFLOld Dominion0.05%$3.0m13.6K0.0%
QQnity Electronics, Inc.0.05%$2.9m17.7K+0.6% Added
UNHUnitedHealth Group0.05%$2.8m6.7K−7.9% Reduced
CPCanadian Pacific Kansas City LTD0.05%$2.7m31.1K−68.5% Reduced
CCitigroup0.05%$2.6m18.6K+0.5% Added
WMBWilliams Companies0.05%$2.6m34.8K−0.2%
CTVACorteva, Inc.0.04%$2.6m30.5K−1.3% Reduced
TYLTyler Technologies Inc0.04%$2.5m8.5K−9.0% Reduced
EOGEOG Resources0.04%$2.5m19.2K−1.9% Reduced
BMYBristol Myers Squibb0.04%$2.5m42.8K−7.3% Reduced
RNRRenaissancere Holdings LTD0.04%$2.5m7.8K+103.7% Added
BLKBlackRock0.04%$2.4m2.4K+0.3%
ASMLAsml Holding NV0.04%$2.3m1.1K−0.3%
MDTMedtronic0.04%$2.3m29.0K−2.7% Reduced
APDAir Products0.04%$2.2m7.4K−0.5% Reduced
PNCPNC Financial Services0.04%$2.1m8.7K−0.4%
PRGSProgress Software Corp0.04%$2.1m61.9K0.0%
DOVDover Corporation0.04%$2.1m9.3K0.0%
CLColgate-Palmolive0.04%$2.0m22.3K−1.5% Reduced
CICigna0.04%$2.0m7.2K+0.2%
ETNEaton Corporation0.03%$2.0m4.6K−5.2% Reduced
NTRSNorthern Trust0.03%$2.0m11.3K0.0%
MTDMettler Toledo0.03%$1.9m1.5K−4.9% Reduced
VRTXVertex Pharmaceuticals0.03%$1.9m3.9K−1.9% Reduced
ALLAllstate0.03%$1.9m8.0K−0.1%
GLWCorning Inc.0.03%$1.8m7.1K0.0%
ALCAlcon Inc0.03%$1.8m26.3K−47.0% Reduced
SLBSchlumberger0.03%$1.7m36.7K−0.1%
IFFInternational Flavors & Fragrances0.03%$1.7m21.4K−19.7% Reduced
MCKMcKesson0.03%$1.7m2.2K−3.3% Reduced
UPSUnited Parcel Service0.03%$1.7m15.4K−21.5% Reduced
DDDuPont0.03%$1.6m11.8KNew
SYYSysco0.03%$1.5m18.1K0.0%
SEBSeaboard Corp0.03%$1.5m339−6.1% Reduced
CPAYCorpay0.03%$1.5m4.5K0.0%
APHAmphenol0.03%$1.5m8.4K−7.2% Reduced
GSKGSK plc0.03%$1.4m27.6K0.0%
NUENucor0.03%$1.4m6.5K0.0%
PHParker Hannifin0.03%$1.4m1.5K−31.4% Reduced
BABoeing0.03%$1.4m6.6K−2.1% Reduced
EBAYeBay Inc.0.02%$1.4m12.3K−1.5% Reduced
TECHBio-Techne0.02%$1.4m19.4K−0.5% Reduced
ROKRockwell Automation0.02%$1.4m2.8K0.0%
QCOMQualcomm0.02%$1.4m7.4K−1.1% Reduced
TERTeradyne0.02%$1.3m2.8K+34.0% Added
CARRCarrier Global0.02%$1.3m18.1K−2.6% Reduced
KKRKKR & Co.0.02%$1.3m14.3K+4.2% Added
NVONovo Nordisk A S0.02%$1.3m26.3K−1.5% Reduced
YUMYum! Brands0.02%$1.2m7.7K0.0%
COFCapital One0.02%$1.2m6.1K−9.0% Reduced
HONHoneywell Technologies0.02%$1.2m5.4KNew
HONAHoneywell Aerospace0.02%$1.2m5.4KNew
ISRGIntuitive Surgical0.02%$1.2m3.0K+1.8% Added
ACNAccenture0.02%$1.2m9.3K−17.7% Reduced
WWDWoodward, Inc.0.02%$1.2m2.7KNew
MARMarriott International0.02%$1.2m3.1K0.0%
IDXXIdexx Laboratories0.02%$1.1m2.2K−11.1% Reduced
BXBlackstone Inc.0.02%$1.1m9.6K−3.5% Reduced
CTSHCognizant0.02%$1.1m28.1K−24.7% Reduced
CompanyBought (value)Shares
BKNGBooking Holdings$14.2m79.4K
VRSKVerisk Analytics, Inc.$8.0m44.8K
AVGOBroadcom$3.2m8.4K
KLACKLA Corporation$3.1m10.3K
MUMicron Technology$3.0m2.6K
NFLXNetflix$2.7m38.0K
DDDuPont$1.6m11.8K
RNRRenaissancere Holdings LTD$1.3m4.0K
HONHoneywell Technologies$1.2m5.4K
UBERUber$1.2m16.7K
HONAHoneywell Aerospace$1.2m5.4K
WWDWoodward, Inc.$1.2m2.7K
AMEAmetek$901,7103.7K
XPOXPO, Inc.$895,2704.4K
TSMTaiwan Semiconductor Manufacturing Co LTD$875,3831.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
ABTAbbott Laboratories−$6.3m−69.8K
CPCanadian Pacific Kansas City LTD−$5.9m−67.7K
AAPLApple Inc.−$5.3m−18.4K
PGProcter & Gamble−$2.8m−19.3K
HDThe Home Depot−$2.5m−7.2K
GOOGLAlphabet Inc. (Class A)−$2.3m−6.5K
AMATApplied Materials−$2.2m−3.0K
AMZNAmazon−$2.1m−8.9K
NVDANVIDIA Corporation−$2.1m−10.6K
METAMeta Platforms−$2.1m−3.7K
MSFTMicrosoft Corporation−$1.9m−5.2K
ALCAlcon Inc−$1.6m−23.3K
EWEdwards Lifesciences−$1.4m−16.0K
ADBEAdobe Inc.−$1.3m−6.5K
ECLEcolab−$1.3m−4.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
GEHCGE HealthCare$365,8005.1K
ZTSZoetis$350,4933.0K
REGNRegeneron Pharmaceuticals$244,154316
PYPLPayPal$213,6674.7K
EIXEdison International$212,1492.9K
HCAHCA Healthcare$212,012448
KDPKeurig Dr Pepper$211,0098.0K
OMCOmnicom Group$210,4912.8K
TRMBTrimble Inc.$210,1713.2K
LNGCheniere Energy, Inc.$206,294727
  • Technology34.2%
  • Financials13.1%
  • Consumer Discretionary12.5%
  • Health Care11.8%
  • Industrials8.6%
  • Communication Services7.9%
  • Consumer Staples6.3%
  • Materials3.2%
  • Energy1.7%
  • Utilities0.4%
  • Real Estate0.2%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+14.5%+14.1%0.830.78−29.6%0.94
2018 onwardsJanuary 5, 2018 to November 2, 2026+14.0%+13.9%0.690.66−29.6%0.93
Last three yearsNovember 3, 2023 to November 2, 2026+18.3%+21.8%1.031.16−15.2%0.89
Last yearNovember 7, 2025 to November 2, 2026+14.6%+14.2%0.960.84−9.4%0.81

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.