Chesley Taft & Associates LLC

Other Low signal CIK 1164632
League rank
#1264
in Other · #4880 overall
Long book
$2.39B
Q1 2026
Positions
370
Top-10 weight
30%
concentration
Last quarter
+10.3%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Chesley Taft & Associates LLC is an institutional manager, running a $2.39B US long book across 370 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, MICROSOFT CORP, NVIDIA CORP, APPLE INC, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.9%
Q2 2024
+6.0%
Q3 2024
+1.6%
Q4 2024
-3.1%
Q1 2025
+8.5%
Q2 2025
+6.5%
Q3 2025
+2.2%
Q4 2025
-4.0%
Q1 2026
+10.3%

Sector allocation

Technology
35%
Financials
14%
Consumer discretionary
13%
Healthcare
11%
Services media
8%
Industrials
7%
Energy
3%
Consumer staples
3%

Long book by quarter

$1.96B
Q1 2024
$1.99B
Q2 2024
$2.10B
Q3 2024
$2.15B
Q4 2024
$2.07B
Q1 2025
$2.24B
Q2 2025
$2.36B
Q3 2025
$2.53B
Q4 2025
$2.39B
Q1 2026

What does Chesley Taft own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology426.2K$122.3M5.1%-1.6%
MSFT MICROSOFT CORPTechnology238.1K$88.1M3.7%-1.4%
NVDA NVIDIA CORPTechnology473.2K$82.5M3.4%-1.5%
AAPL APPLE INCTechnology284.4K$72.2M3.0%-0.9%
AMZN AMAZON.COM INCConsumer discretionary339.7K$70.7M3.0%+7.7%
AVGO BROADCOM INCTechnology218.4K$67.6M2.8%-15.1%
COST COSTCO WHOLESALE CORPConsumer discretionary67.2K$67.0M2.8%-2.1%
JPM JPMORGAN CHASE & COFinancials175.1K$51.5M2.2%-0.6%
JNJ JOHNSON & JOHNSONHealthcare210.7K$51.5M2.2%-1.0%
SYK STRYKER CORPHealthcare139.2K$45.7M1.9%-1.3%
V VISA INC-CLASS A SHARESServices media122.6K$37.0M1.5%-7.8%
CB CHUBB LTDFinancials102.6K$33.4M1.4%+0.1%
PANW PALO ALTO NETWORKS INCTechnology192.5K$30.9M1.3%+0.6%
GOOGL ALPHABET INC-CL ATechnology103.6K$29.8M1.2%-5.3%
APH AMPHENOL CORP-CL ATechnology206.3K$26.1M1.1%0.0%
PEP PEPSICO INCConsumer staples167.0K$25.9M1.1%-4.9%
MA MASTERCARD INC - AServices media50.4K$25.2M1.1%-3.8%
AXP AMERICAN EXPRESS COFinancials83.2K$25.2M1.1%-1.4%
ABT ABBOTT LABORATORIESHealthcare242.6K$24.9M1.0%+0.4%
RTX RTX CORPIndustrials121.2K$23.4M1.0%-1.3%
XOM EXXON MOBIL CORPEnergy134.6K$22.8M1.0%-0.7%
HON HONEYWELL INTERNATIONAL INCIndustrials99.1K$22.4M0.9%-0.5%
AZO AUTOZONE INCConsumer discretionary6.5K$21.9M0.9%+0.2%
EQT EQT CORPEnergy344.3K$21.9M0.9%+676.1%
ORCL ORACLE CORPTechnology148.8K$21.9M0.9%-17.6%
META META PLATFORMS INC-CLASS ATechnology37.4K$21.4M0.9%-4.6%
HD HOME DEPOT INCConsumer discretionary64.9K$21.4M0.9%+1.9%
WM WASTE MANAGEMENT INCUtilities91.9K$21.1M0.9%-0.2%
KO COCA-COLA CO/THEConsumer staples273.6K$20.8M0.9%-0.9%
TMO THERMO FISHER SCIENTIFIC INCOther41.9K$20.6M0.9%-1.4%
ITW ILLINOIS TOOL WORKSIndustrials77.9K$20.3M0.8%-0.5%
ACN ACCENTURE PLC-CL AServices media98.1K$19.4M0.8%+1.2%
LLY ELI LILLY & COHealthcare20.4K$18.8M0.8%-9.0%
COF CAPITAL ONE FINANCIAL CORPFinancials101.9K$18.6M0.8%+30.5%
WFC WELLS FARGO & COFinancials221.2K$17.6M0.7%-1.0%
C CITIGROUP INCFinancials148.9K$16.9M0.7%+1.1%
UBER UBER TECHNOLOGIES INCServices media226.6K$16.3M0.7%-9.1%
AZN ASTRAZENECA PLCHealthcare78.8K$15.5M0.6%New
DIS WALT DISNEY CO/THEServices media148.7K$14.3M0.6%-0.7%
NEE NEXTERA ENERGY INCUtilities138.5K$12.9M0.5%-4.1%
ICE INTERCONTINENTAL EXCHANGE INFinancials77.3K$12.2M0.5%-0.2%
UNP UNION PACIFIC CORPIndustrials48.6K$11.8M0.5%+1.2%
ECL ECOLAB INCOther40.0K$10.6M0.4%+0.1%
NFLX NETFLIX INCServices media105.4K$10.1M0.4%+0.3%
CVX CHEVRON CORPEnergy47.3K$9.8M0.4%+2.1%
WTW WILLIS TOWERS WATSON PLCFinancials32.4K$9.4M0.4%-0.2%
CHD CHURCH & DWIGHT CO INCOther99.3K$9.3M0.4%+0.4%
MCD MCDONALD'S CORPConsumer discretionary28.9K$9.0M0.4%-0.1%
CRM SALESFORCE INCTechnology43.3K$8.1M0.3%+11.2%
CBOE CBOE GLOBAL MARKETS INCFinancials28.6K$8.0M0.3%-3.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 13, 2026621$2.39B canonicalSEC ↗
Q4 202513F-HRJan 14, 2026624$2.53B canonicalSEC ↗
Q3 202513F-HROct 8, 2025348$2.36B canonicalSEC ↗
Q2 202513F-HRJul 9, 2025334$2.24B canonicalSEC ↗
Q1 202513F-HRApr 10, 2025330$2.07B canonicalSEC ↗
Q4 202413F-HRJan 17, 2025326$2.15B canonicalSEC ↗
Q3 202413F-HROct 7, 2024323$2.10B canonicalSEC ↗
Q2 202413F-HRJul 19, 2024309$1.99B canonicalSEC ↗
Q1 202413F-HRApr 16, 2024311$1.96B canonicalSEC ↗