Choate Investment Advisors
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Choate Investment Advisors reported 395 stock positions worth $4.0 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 38.6% of the portfolio, followed by iShares National Muni Bond E (MUB, 3.4%) and Apple (AAPL, 3.3%). Compared with Q4 2024, it opened 20 new positions, sold out of 27, added to 120 and reduced 188. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +7358%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001399794
- Portfolio Value
- $4.0B (Q1 2025)
- SEC Filing
- 0001398344-25-009417 ↗ filed May 14, 2025
Holdings Value
Holdings 395 stocks · $4.0B
| IVV iShares Core S&P 500 ETF | 38.57% | 2,762,389 | $1.6B | Reduce -2.0% |
| MUB iShares National Muni Bond E | 3.39% | 1,294,303 | $136.5M | Add +1.7% |
| AAPL Apple Inc. | 3.28% | 594,286 | $132.0M | Reduce -0.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 2.90% | 2,551,059 | $116.7M | Reduce -2.0% |
| MSFT Microsoft Corp. | 2.88% | 308,893 | $116.0M | Add +1.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.66% | 414,627 | $107.2M | Reduce -3.2% |
| AMZN Amazon.com Inc. | 2.13% | 451,155 | $85.8M | Add +0.4% |
| SGOV iShares 0-3 Month Treasury B | 1.96% | 783,648 | $78.9M | Add +7358.3% |
| NVDA Nvidia Corp. | 1.83% | 679,864 | $73.7M | Reduce -5.7% |
| HD Home Depot Inc. | 1.31% | 143,808 | $52.7M | Add +4.0% |
| VOO Vanguard S&P 500 ETF | 1.24% | 96,735 | $49.7M | Add +0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.23% | 88,759 | $49.7M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 1.18% | 307,579 | $47.6M | Reduce -4.1% |
| IJR iShares Core S&P Small-Cap E | 1.18% | 454,381 | $47.5M | Add +3.0% |
| FISV Fiserv Inc. | 1.02% | 185,015 | $40.9M | Add +7.2% |
| PG The Procter & Gamble Co. | 1.00% | 237,141 | $40.4M | Reduce -0.6% |
| V Visa Inc. Class A | 0.90% | 103,803 | $36.4M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.90% | 68,235 | $36.3M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.86% | 221,598 | $34.6M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.78% | 189,749 | $31.5M | Reduce -2.4% |
| ABT Abbott Laboratories | 0.76% | 231,989 | $30.8M | Add +12.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.75% | 246,940 | $30.1M | Add +7.8% |
| JPM JPMorgan Chase & Co. | 0.75% | 122,301 | $30.0M | Reduce -2.7% |
| MRSH Marsh & McLennan Cos | 0.74% | 121,840 | $29.7M | Add +0.1% |
| WMT Walmart Inc. | 0.72% | 331,947 | $29.1M | Add +10.1% |
| MA Mastercard Inc. Class A | 0.68% | 50,053 | $27.4M | Add +6.4% |
| UNH Unitedhealth Group Inc. | 0.66% | 50,987 | $26.7M | Add +8.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.66% | 96,701 | $26.6M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 0.64% | 31,294 | $25.8M | Add +69.3% |
| WCN Waste Connections Inc. | 0.51% | 105,437 | $20.6M | Add +7.7% |
| PEP Pepsico Inc. | 0.50% | 134,518 | $20.2M | Reduce -5.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.47% | 113,285 | $18.8M | Add +9.6% |
| PGR Progressive Corp. | 0.47% | 66,353 | $18.8M | Add +21.4% |
| VEA Vanguard Ftse Developed ETF | 0.45% | 360,164 | $18.3M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 0.41% | 28,384 | $16.4M | Reduce -0.2% |
| ADBE Adobe Inc. | 0.40% | 42,016 | $16.1M | Add +20.1% |
| LIN Linde PLC | 0.39% | 33,793 | $15.7M | Add +14.5% |
| ABBV Abbvie Inc. | 0.36% | 68,703 | $14.4M | Reduce -4.3% |
| CNI Canadian Natl Railway Co. | 0.36% | 147,022 | $14.3M | Reduce -1.2% |
| MSCI MSCI Inc. | 0.35% | 24,988 | $14.1M | Add +38.1% |
| ATR Aptargroup Inc. | 0.35% | 94,372 | $14.0M | Reduce -7.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 141,591 | $14.0M | Add +3.6% |
| RSP Invesco S&P 500 Equal Weight | 0.34% | 79,470 | $13.8M | Reduce -52.7% |
| XOM Exxon Mobil Corp. | 0.34% | 114,595 | $13.6M | Reduce -4.0% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 27,185 | $13.5M | Reduce -37.1% |
| IWF iShares Russell 1000 Growth | 0.33% | 36,833 | $13.3M | Add +0.5% |
| ADP Automatic Data Processing | 0.32% | 42,344 | $12.9M | Reduce -2.7% |
| AXP American Express Co. | 0.32% | 47,785 | $12.9M | Add +0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.32% | 16 | $12.8M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.31% | 181,059 | $12.6M | Add +286.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.31% | 124,968 | $12.4M | Add +35.5% |
| GLD SPDR Gold Shares | 0.28% | 38,971 | $11.2M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.27% | 23,233 | $10.9M | Reduce -3.8% |
| ALC Alcon Inc. filed as ALCON AG | 0.27% | 114,109 | $10.8M | Reduce -3.3% |
| DHR Danaher Corp. | 0.27% | 52,432 | $10.7M | Add +4.6% |
| IJH iShares Core S&P Midcap ETF | 0.26% | 178,360 | $10.4M | Reduce -3.5% |
| EOG EOG Resources Inc. | 0.25% | 79,415 | $10.2M | Add +13.0% |
| EPD Enterprise Products Partners | 0.25% | 297,772 | $10.2M | Reduce -2.3% |
| VT Vanguard Tot World STK ETF | 0.25% | 85,844 | $10.0M | Add +6.4% |
| EMR Emerson Electric Co. | 0.24% | 89,496 | $9.8M | Reduce -1.9% |
| VIG Vanguard Dividend Apprec ETF | 0.24% | 49,452 | $9.6M | Reduce -2.6% |
| EW Edwards Lifesciences Corp. | 0.22% | 124,036 | $9.0M | Reduce -4.1% |
| COST Costco Wholesale Corp. | 0.22% | 9,489 | $9.0M | Add +1.4% |
| ECL Ecolab Inc. | 0.22% | 35,249 | $8.9M | Reduce -2.0% |
| SGOL Abrdn Physical Gold Shares | 0.20% | 272,356 | $8.1M | Add +1.8% |
| TYL Tyler Technologies Inc. | 0.19% | 13,321 | $7.7M | Reduce -3.0% |
| MCD McDonald's Corp. | 0.18% | 23,501 | $7.3M | Reduce -16.0% |
| COP Conocophillips | 0.18% | 68,527 | $7.2M | Add +0.5% |
| CSCO Cisco Systems Inc. | 0.18% | 116,553 | $7.2M | Reduce -5.7% |
| AMP Ameriprise Financial Inc. | 0.17% | 14,008 | $6.8M | Reduce -0.5% |
| SPGI S&P Global Inc. | 0.17% | 13,162 | $6.7M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.16% | 72,106 | $6.5M | Reduce -3.9% |
| CP Canadian Pacific Kansas City | 0.16% | 89,220 | $6.3M | Add +13.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.14% | 60,973 | $5.7M | No change |
| GIS General Mills Inc. | 0.14% | 90,851 | $5.4M | Reduce -0.2% |
| CVX Chevron Corp. | 0.13% | 31,962 | $5.3M | Reduce -6.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.13% | 27,525 | $5.1M | Add +6.5% |
| XLV SS Health Care Select Sector | 0.13% | 34,668 | $5.1M | Add +4.9% |
| KDP Keurig Dr Pepper Inc. | 0.12% | 144,442 | $4.9M | Reduce -48.9% |
| UNP Union Pacific Corp. | 0.12% | 20,656 | $4.9M | Reduce -32.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.12% | 13,136 | $4.9M | Reduce -1.1% |
| AVGO Broadcom Inc. | 0.12% | 28,909 | $4.8M | Add +1.4% |
| AMGN Amgen Inc. | 0.12% | 15,127 | $4.7M | Reduce -5.4% |
| ALL Allstate Corp. | 0.11% | 22,326 | $4.6M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.11% | 20,838 | $4.4M | Reduce -55.5% |
| KO The Coca-Cola Co. | 0.11% | 60,653 | $4.3M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.11% | 30,653 | $4.3M | Reduce -19.9% |
| EFA iShares MSCI Eafe ETF | 0.11% | 51,975 | $4.2M | Reduce -10.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.10% | 45,010 | $4.1M | Reduce -30.7% |
| ACN Accenture PLC Class A | 0.10% | 13,094 | $4.1M | Reduce -2.6% |
| AFL Aflac Inc. | 0.10% | 36,124 | $4.0M | Reduce -1.0% |
| SYK Stryker Corp. | 0.10% | 10,488 | $3.9M | Reduce -2.6% |
| RTX RTX Corp. | 0.09% | 28,816 | $3.8M | Reduce -17.5% |
| TSLA Tesla Inc. | 0.09% | 14,631 | $3.8M | Add +18.4% |
| NEE Nextera Energy Inc. | 0.09% | 53,485 | $3.8M | Add +0.4% |
| AMAT Applied Materials Inc. | 0.09% | 25,333 | $3.7M | Reduce -7.3% |
| LOW Lowe's Cos Inc. | 0.09% | 15,573 | $3.6M | Reduce -0.8% |
| CTSH Cognizant Tech Solutions-A | 0.08% | 43,870 | $3.4M | Reduce -8.2% |
| PWR Quanta Services Inc. | 0.08% | 13,125 | $3.3M | Add +237.7% |
| VYM Vanguard High DVD Yield ETF | 0.08% | 25,640 | $3.3M | Reduce -0.8% |
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -2.0% | 38.57% | −1.32 |
| NVDA Nvidia Corp. | Reduce -5.7% | 1.83% | −0.50 |
| RSP Invesco S&P 500 Equal Weight | Reduce -52.7% | 0.34% | −0.37 |
| AAPL Apple Inc. | Reduce -0.4% | 3.28% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -4.1% | 1.18% | −0.28 |
| TMO Thermo Fisher Scientific Inc. | Reduce -37.1% | 0.34% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 0.86% | −0.16 |
| HON Honeywell International Inc. | Reduce -55.5% | 0.11% | −0.14 |
| BARNES GROUP INC | Sold out | 0.00% | −0.12 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -2.0% | 2.90% | −0.11 |
| KDP Keurig Dr Pepper Inc. | Reduce -48.9% | 0.12% | −0.10 |
| NKE Nike Inc. Class B | Reduce -40.1% | 0.08% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.8% | 1.23% | −0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.2% | 2.66% | −0.05 |
| UNP Union Pacific Corp. | Reduce -32.7% | 0.12% | −0.05 |
| ORCL Oracle Corp. | Reduce -19.9% | 0.11% | −0.05 |
| AMT American Tower Corp. | Reduce -47.9% | 0.08% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -30.7% | 0.10% | −0.04 |
| ATR Aptargroup Inc. | Reduce -7.0% | 0.35% | −0.04 |
| XLY SS Consumer Disc Select Sect | Reduce -72.4% | 0.01% | −0.03 |
| U Unity Software Inc. | Reduce -77.8% | 0.01% | −0.03 |
| EMR Emerson Electric Co. | Reduce -1.9% | 0.24% | −0.03 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.8% | 0.27% | −0.03 |
| XBI SS SPDR S&P Biotech ETF | Reduce -42.9% | 0.03% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Reduce -37.0% | 0.06% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.2% | 0.66% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.9% | 0.16% | −0.02 |
| PEP Pepsico Inc. | Reduce -5.4% | 0.50% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.5% | 0.26% | −0.02 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -16.8% | 0.07% | −0.02 |
| BX Blackstone Inc. | Reduce -10.4% | 0.05% | −0.02 |
| DGS Wisdomtree Em Small Cap | Sold out | 0.00% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -7.3% | 0.09% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -25.1% | 0.04% | −0.01 |
| BLK BlackRock Inc. | Reduce -15.6% | 0.06% | −0.01 |
| PFE Pfizer Inc. | Reduce -14.1% | 0.08% | −0.01 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.01 |
| ROL Rollins Inc. | Reduce -63.6% | 0.01% | −0.01 |
| MCD McDonald's Corp. | Reduce -16.0% | 0.18% | −0.01 |
| PAR Par Technology Corp. | Reduce -13.2% | 0.04% | −0.01 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.01 |
| ACN Accenture PLC Class A | Reduce -2.6% | 0.10% | −0.01 |
| AMP Ameriprise Financial Inc. | Reduce -0.5% | 0.17% | −0.01 |
| WM Waste Management Inc. | Reduce -42.2% | 0.02% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -66.4% | 0.01% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -18.5% | 0.03% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.1% | 0.12% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -16.0% | 0.06% | −0.01 |
| TEL Te Connectivity PLC | Reduce -58.3% | 0.01% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| SGOV iShares 0-3 Month Treasury B | Add +7358.3% | 1.96% | +1.94 |
| LLY Eli Lilly & Co. | Add +69.3% | 0.64% | +0.30 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +286.4% | 0.31% | +0.22 |
| ABT Abbott Laboratories | Add +12.3% | 0.76% | +0.20 |
| FISV Fiserv Inc. | Add +7.2% | 1.02% | +0.16 |
| PGR Progressive Corp. | Add +21.4% | 0.47% | +0.15 |
| MUB iShares National Muni Bond E | Add +1.7% | 3.39% | +0.13 |
| MRSH Marsh & McLennan Cos | Add +0.1% | 0.74% | +0.12 |
| V Visa Inc. Class A | Add +0.0% | 0.90% | +0.12 |
| WCN Waste Connections Inc. | Add +7.7% | 0.51% | +0.11 |
| LIN Linde PLC | Add +14.5% | 0.39% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +8.6% | 0.66% | +0.09 |
| MSCI MSCI Inc. | Add +38.1% | 0.35% | +0.09 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +35.5% | 0.31% | +0.09 |
| MA Mastercard Inc. Class A | Add +6.4% | 0.68% | +0.09 |
| TJX TJX Companies Inc. | Add +7.8% | 0.75% | +0.08 |
| WMT Walmart Inc. | Add +10.1% | 0.72% | +0.07 |
| PWR Quanta Services Inc. | Add +237.7% | 0.08% | +0.05 |
| EOG EOG Resources Inc. | Add +13.0% | 0.25% | +0.05 |
| SGOL Abrdn Physical Gold Shares | Add +1.8% | 0.20% | +0.04 |
| ADBE Adobe Inc. | Add +20.1% | 0.40% | +0.03 |
| GLDM SPDR Gold Minishares Trust | Add +125.0% | 0.04% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +6.4% | 0.25% | +0.02 |
| CP Canadian Pacific Kansas City | Add +13.3% | 0.16% | +0.02 |
| COST Costco Wholesale Corp. | Add +1.4% | 0.22% | +0.02 |
| XLV SS Health Care Select Sector | Add +4.9% | 0.13% | +0.02 |
| COP Conocophillips | Add +0.5% | 0.18% | +0.02 |
| HD Home Depot Inc. | Add +4.0% | 1.31% | +0.02 |
| DE Deere & Co. | Add +5.4% | 0.08% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +36.4% | 0.04% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.4% | 0.05% | +0.01 |
| CI The Cigna Group | Add +0.0% | 0.06% | +0.01 |
| CVS CVS Health Corp. | Add +6.1% | 0.03% | +0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +63.7% | 0.03% | +0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.01% | +0.01 |
| BKLN Invesco Senior Loan ETF | New | 0.01% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | New | 0.01% | +0.01 |
| OEF iShares S&P 100 ETF | New | 0.01% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +159.9% | 0.01% | +0.01 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.01% | +0.01 |
| RGEF Rockefeller Global Eqty ETF | New | 0.01% | +0.01 |
| OKE Oneok Inc. | New | 0.01% | +0.01 |
| EQIX Equinix Inc. | New | 0.01% | +0.01 |
| SONY Sony Group Corp. - SP ADR | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| TRV The Travelers Cos Inc. | Add +0.3% | 0.05% | +0.01 |
| YUM Yum! Brands Inc. | Add +0.7% | 0.03% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +2.0% | 0.03% | +0.01 |
| ROP Roper Technologies Inc. | Add +1.0% | 0.04% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 472 | $5.7B | IVV, VEU, IEMG, GVI, AAPL |
| Q1 2026 | 438 | $5.1B | IVV, GVI, VEU, IEMG, OAKM |
| Q4 2025 | 444 | $5.1B | IVV, OAKM, GVI, VEU, AAPL |
| Q3 2025 | 424 | $4.8B | IVV, OAKM, GVI, MSFT, AAPL |
| Q2 2025 | 477 | $4.6B | IVV, OAKM, SGOV, MSFT, MUB |
| Q1 2025 | 395 | $4.0B | IVV, MUB, AAPL, SPYX, MSFT |
| Q4 2024 | 402 | $4.2B | IVV, AAPL, MUB, MSFT, SPYX |
| Q3 2024 | 383 | $3.9B | IVV, MUB, AAPL, MSFT, SPYX |
| Q2 2024 | 377 | $3.8B | IVV, RSP, MSFT, MUB, SPYX |
| Q1 2024 | 405 | $3.7B | IVV, RSP, MUB, MSFT, SPYX |