Choate Investment Advisors
Long book
$5.11B
Q1 2026
Positions
438
Top-10 weight
61%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsChoate Investment Advisors is a wealth-management firm allocating client money, running a $5.11B US long book across 438 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES INTERMEDIATE GOVERNM, VANGUARD FTSE ALL-WORLD EX-U, ISHARES CORE MSCI EMERGING, OAKMARK US LARGE CAP ETF.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.6%
Q2 2024
+5.7%
Q3 2024
+1.6%
Q4 2024
-3.5%
Q1 2025
+8.2%
Q2 2025
+6.8%
Q3 2025
+2.9%
Q4 2025
-3.7%
Q1 2026
+12.3%
Sector allocation
Technology 38%
Consumer discretionary 15%
Healthcare 11%
Financials 11%
Industrials 7%
Services media 7%
Other 3%
Energy 2%
Long book by quarter
What does Choate Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 624.3K | $158.4M | 3.1% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 324.7K | $120.2M | 2.4% | -0.2% |
| NVDA NVIDIA CORP | Technology | 641.7K | $111.9M | 2.2% | -0.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 473.4K | $98.6M | 1.9% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 297.2K | $85.5M | 1.7% | -0.9% |
| GOOG ALPHABET INC-CL C | Technology | 219.4K | $62.9M | 1.2% | -1.2% |
| WMT WALMART INC | Consumer discretionary | 416.0K | $51.7M | 1.0% | -3.6% |
| JPM JPMORGAN CHASE & CO | Financials | 160.8K | $47.3M | 0.9% | +15.3% |
| LLY ELI LILLY & CO | Healthcare | 50.8K | $46.7M | 0.9% | +5.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 187.6K | $45.8M | 0.9% | -3.9% |
| HD HOME DEPOT INC | Consumer discretionary | 131.9K | $43.4M | 0.8% | -10.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 249.0K | $39.8M | 0.8% | -9.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 67.6K | $32.4M | 0.6% | +1.1% |
| V VISA INC-CLASS A SHARES | Services media | 105.6K | $31.9M | 0.6% | -0.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 304.2K | $31.2M | 0.6% | -0.6% |
| MA MASTERCARD INC - A | Services media | 54.4K | $27.2M | 0.5% | -0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 46.3K | $26.5M | 0.5% | +8.4% |
| AVGO BROADCOM INC | Technology | 73.6K | $22.8M | 0.4% | +41.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 150.1K | $21.7M | 0.4% | -6.1% |
| XOM EXXON MOBIL CORP | Energy | 125.4K | $21.3M | 0.4% | +1.6% |
| MRSH MARSH & MCLENNAN COS | Financials | 121.9K | $21.1M | 0.4% | +0.1% |
| LIN LINDE PLC | Materials | 41.8K | $20.7M | 0.4% | +3.5% |
| WCN WASTE CONNECTIONS INC | Utilities | 105.9K | $17.2M | 0.3% | -2.5% |
| ABBV ABBVIE INC | Healthcare | 74.7K | $16.2M | 0.3% | +4.6% |
| PWR QUANTA SERVICES INC | Industrials | 29.5K | $16.2M | 0.3% | +1.7% |
| PEP PEPSICO INC | Consumer staples | 102.1K | $15.9M | 0.3% | -2.2% |
| KO COCA-COLA CO/THE | Consumer staples | 199.7K | $15.2M | 0.3% | +15.5% |
| MSCI MSCI INC | Services media | 26.7K | $14.4M | 0.3% | -3.9% |
| AXP AMERICAN EXPRESS CO | Financials | 47.3K | $14.3M | 0.3% | -0.3% |
| BKNG BOOKING HOLDINGS INC | Industrials | 3.4K | $14.2M | 0.3% | +4.1% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 127.1K | $13.1M | 0.3% | -2.4% |
| PGR PROGRESSIVE CORP | Financials | 64.1K | $12.7M | 0.2% | +1.5% |
| MRK MERCK & CO. INC. | Healthcare | 102.0K | $12.3M | 0.2% | +3.6% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 16 | $11.5M | 0.2% | Held |
| ADBE ADOBE INC | Technology | 46.2K | $11.2M | 0.2% | -12.9% |
| UBER UBER TECHNOLOGIES INC | Services media | 152.3K | $11.0M | 0.2% | +67.2% |
| NFLX NETFLIX INC | Services media | 106.4K | $10.2M | 0.2% | +172.8% |
| EMR EMERSON ELECTRIC CO | Industrials | 76.7K | $10.0M | 0.2% | -2.8% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 46.9K | $9.5M | 0.2% | -1.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 9.6K | $9.5M | 0.2% | -8.3% |
| VMC VULCAN MATERIALS CO | Materials | 33.1K | $9.0M | 0.2% | +15.2% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 231.9K | $8.8M | 0.2% | -12.8% |
| AMAT APPLIED MATERIALS INC | Technology | 25.5K | $8.7M | 0.2% | +1.6% |
| DHR DANAHER CORP | Technology | 43.0K | $8.2M | 0.2% | +1.0% |
| CSCO CISCO SYSTEMS INC | Technology | 103.9K | $8.1M | 0.2% | +0.9% |
| ECL ECOLAB INC | Other | 29.5K | $7.9M | 0.2% | -8.6% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 98.8K | $7.8M | 0.2% | +0.5% |
| EW EDWARDS LIFESCIENCES CORP | Healthcare | 97.1K | $7.8M | 0.2% | -10.1% |
| DIS WALT DISNEY CO/THE | Services media | 80.4K | $7.7M | 0.2% | +0.9% |
| COP CONOCOPHILLIPS | Energy | 52.9K | $7.0M | 0.1% | -10.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 438 | $5.11B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 444 | $5.10B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 424 | $4.83B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 477 | $4.61B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 395 | $4.02B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 402 | $4.16B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 383 | $3.92B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 377 | $3.81B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 405 | $3.71B | canonical | SEC ↗ |