Choate Investment Advisors
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Choate Investment Advisors reported 424 stock positions worth $4.8 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 36.1% of the portfolio, followed by Oakmark US Large Cap ETF (OAKM, 5.4%) and iShares Intermediate Governm (GVI, 4.2%). Compared with Q2 2025, it opened 23 new positions, sold out of 76, added to 153 and reduced 148. The biggest buy was a new position in iShares Intermediate Governm (GVI) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001399794
- Portfolio Value
- $4.8B (Q3 2025)
- SEC Filing
- 0001398344-25-020572 ↗ filed Nov 10, 2025
Holdings Value
Holdings 424 stocks · $4.8B
| IVV iShares Core S&P 500 ETF | 36.07% | 2,605,419 | $1.7B | Reduce -2.0% |
| OAKM Oakmark US Large Cap ETF | 5.36% | 9,672,111 | $259.0M | Add +4.1% |
| GVI iShares Intermediate Governm | 4.18% | 1,882,646 | $202.3M | New |
| MSFT Microsoft Corp. | 3.48% | 324,861 | $168.3M | Add +1.7% |
| AAPL Apple Inc. | 3.32% | 630,304 | $160.5M | Add +0.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 2.77% | 2,442,124 | $134.0M | Reduce -3.0% |
| MUB iShares National Muni Bond E | 2.69% | 1,222,478 | $130.2M | Reduce -6.3% |
| NVDA Nvidia Corp. | 2.46% | 637,180 | $118.9M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.13% | 469,359 | $103.1M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 1.57% | 311,582 | $75.7M | Reduce -2.3% |
| VOO Vanguard S&P 500 ETF | 1.32% | 103,935 | $63.6M | Add +3.1% |
| HD Home Depot Inc. | 1.29% | 153,476 | $62.2M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.26% | 91,351 | $60.9M | Add +3.2% |
| GOOG Alphabet Inc. Class C | 1.13% | 224,699 | $54.7M | Reduce -4.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.97% | 143,357 | $47.0M | Add +45.5% |
| JPM JPMorgan Chase & Co. | 0.84% | 128,783 | $40.6M | Add +1.1% |
| WMT Walmart Inc. | 0.81% | 382,345 | $39.4M | Add +6.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.79% | 264,325 | $38.2M | Add +6.0% |
| ABT Abbott Laboratories | 0.78% | 279,957 | $37.5M | Add +6.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 70,332 | $35.4M | Add +5.2% |
| V Visa Inc. Class A | 0.73% | 103,540 | $35.3M | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.73% | 190,125 | $35.3M | Reduce -2.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.72% | 123,875 | $34.6M | Add +4.6% |
| LLY Eli Lilly & Co. | 0.70% | 44,059 | $33.6M | Add +14.6% |
| PG The Procter & Gamble Co. | 0.66% | 207,859 | $31.9M | Reduce -15.1% |
| VEA Vanguard Ftse Developed ETF | 0.64% | 514,382 | $30.8M | Add +15.2% |
| MA Mastercard Inc. Class A | 0.62% | 52,293 | $29.7M | Add +3.9% |
| META Meta Platforms Inc. Class A | 0.56% | 36,655 | $26.9M | Add +22.2% |
| FISV Fiserv Inc. | 0.53% | 199,771 | $25.8M | Reduce -5.2% |
| MRSH Marsh & McLennan Cos | 0.51% | 121,790 | $24.5M | Reduce -0.0% |
| ADBE Adobe Inc. | 0.46% | 62,632 | $22.1M | Add +6.2% |
| WCN Waste Connections Inc. | 0.41% | 113,334 | $19.9M | Add +2.1% |
| IWF iShares Russell 1000 Growth | 0.39% | 40,420 | $18.9M | Add +2.6% |
| LIN Linde PLC | 0.39% | 39,196 | $18.6M | Add +6.7% |
| ABBV Abbvie Inc. | 0.37% | 77,939 | $18.0M | Add +1.4% |
| PGR Progressive Corp. | 0.33% | 65,555 | $16.2M | Reduce -11.1% |
| AXP American Express Co. | 0.32% | 47,194 | $15.7M | Reduce -0.2% |
| PEP Pepsico Inc. | 0.32% | 111,008 | $15.6M | Reduce -12.3% |
| MSCI MSCI Inc. | 0.32% | 27,290 | $15.5M | Reduce -5.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 25,103 | $15.1M | Add +3.6% |
| GLD SPDR Gold Shares | 0.29% | 39,301 | $14.0M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.28% | 119,722 | $13.5M | Add +1.3% |
| CNI Canadian Natl Railway Co. | 0.27% | 139,182 | $13.1M | Reduce -2.5% |
| ADP Automatic Data Processing | 0.26% | 42,994 | $12.6M | Add +2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.25% | 16 | $12.1M | Reduce -5.9% |
| VT Vanguard Tot World STK ETF | 0.25% | 87,381 | $12.0M | Add +0.6% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 183,491 | $12.0M | Reduce -0.9% |
| BKNG Booking Holdings Inc. | 0.24% | 2,153 | $11.6M | Add +816.2% |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 59,616 | $11.3M | Reduce -14.3% |
| SGOL Abrdn Physical Gold Shares | 0.23% | 306,042 | $11.3M | Add +2.1% |
| AVGO Broadcom Inc. | 0.23% | 33,936 | $11.2M | Add +2.6% |
| EMR Emerson Electric Co. | 0.23% | 83,239 | $10.9M | Reduce -2.8% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 50,559 | $10.9M | Reduce -0.1% |
| PWR Quanta Services Inc. | 0.22% | 25,898 | $10.7M | Reduce -5.6% |
| ATR Aptargroup Inc. | 0.21% | 74,595 | $10.0M | Reduce -14.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 85,351 | $9.8M | Reduce -25.6% |
| COST Costco Wholesale Corp. | 0.19% | 10,063 | $9.3M | Add +4.8% |
| ECL Ecolab Inc. | 0.19% | 33,720 | $9.2M | Reduce -5.7% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.18% | 89,070 | $8.9M | Reduce -26.2% |
| EOG EOG Resources Inc. | 0.18% | 78,884 | $8.8M | Add +2.4% |
| ORCL Oracle Corp. | 0.18% | 31,440 | $8.8M | Reduce -1.3% |
| EW Edwards Lifesciences Corp. | 0.18% | 112,329 | $8.7M | Reduce -6.8% |
| EPD Enterprise Products Partners | 0.18% | 276,489 | $8.6M | Reduce -6.7% |
| DHR Danaher Corp. | 0.17% | 41,508 | $8.2M | Reduce -19.0% |
| KO The Coca-Cola Co. | 0.16% | 116,589 | $7.7M | Add +112.8% |
| ALC Alcon Inc. filed as ALCON AG | 0.16% | 101,151 | $7.5M | Reduce -9.6% |
| MCD McDonald's Corp. | 0.15% | 24,222 | $7.4M | Reduce -0.1% |
| CP Canadian Pacific Kansas City | 0.15% | 97,649 | $7.3M | Add +3.1% |
| MRK Merck & Co. Inc. | 0.15% | 84,919 | $7.1M | Add +1.6% |
| CSCO Cisco Systems Inc. | 0.14% | 101,180 | $6.9M | Reduce -3.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.14% | 120,569 | $6.7M | Reduce -43.6% |
| AMP Ameriprise Financial Inc. | 0.14% | 13,325 | $6.5M | Reduce -0.0% |
| COP Conocophillips | 0.13% | 68,269 | $6.5M | Reduce -0.2% |
| TSLA Tesla Inc. | 0.13% | 14,386 | $6.4M | Add +3.6% |
| TYL Tyler Technologies Inc. | 0.13% | 12,157 | $6.4M | Reduce -8.0% |
| SPGI S&P Global Inc. | 0.13% | 13,018 | $6.3M | Reduce -1.3% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 20,439 | $6.1M | Add +2.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.12% | 12,527 | $6.0M | Reduce -1.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.12% | 61,068 | $5.8M | Add +0.2% |
| TMO Thermo Fisher Scientific Inc. | 0.12% | 11,831 | $5.7M | Reduce -8.4% |
| AMAT Applied Materials Inc. | 0.11% | 26,849 | $5.5M | Add +6.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.11% | 18,114 | $5.3M | Reduce -95.4% |
| CAT Caterpillar Inc. | 0.11% | 10,996 | $5.2M | Add +6.5% |
| IJR iShares Core S&P Small-Cap E | 0.11% | 43,627 | $5.2M | Reduce -29.2% |
| RTX RTX Corp. | 0.10% | 29,700 | $5.0M | Add +2.7% |
| CVX Chevron Corp. | 0.10% | 31,469 | $4.9M | Add +12.0% |
| XLV SS Health Care Select Sector | 0.10% | 34,624 | $4.8M | Reduce -1.8% |
| EFA iShares MSCI Eafe ETF | 0.10% | 49,329 | $4.6M | Add +0.2% |
| GIS General Mills Inc. | 0.10% | 91,212 | $4.6M | Add +0.1% |
| ALL Allstate Corp. | 0.09% | 20,368 | $4.4M | Add +3.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.09% | 19,847 | $4.1M | No change |
| SYK Stryker Corp. | 0.08% | 11,061 | $4.1M | Add +16.3% |
| AMGN Amgen Inc. | 0.08% | 14,482 | $4.1M | Reduce -10.8% |
| UNP Union Pacific Corp. | 0.08% | 17,020 | $4.0M | Reduce -14.1% |
| AFL Aflac Inc. | 0.08% | 35,873 | $4.0M | Add +2.9% |
| NFLX Netflix Inc. | 0.08% | 3,333 | $4.0M | Add +25.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.08% | 44,427 | $3.9M | Add +64.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 13,676 | $3.9M | Add +13.2% |
| LOW Lowe's Cos Inc. | 0.08% | 15,258 | $3.8M | No change |
| XLI SS Industrial Select Sector | 0.08% | 24,531 | $3.8M | Reduce -2.2% |
Portfolio Sells Q2 2025 → Q3 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -98.0% | 0.07% | −3.73 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -95.4% | 0.11% | −2.27 |
| MUB iShares National Muni Bond E | Reduce -6.3% | 2.69% | −0.26 |
| FISV Fiserv Inc. | Reduce -5.2% | 0.53% | −0.26 |
| PG The Procter & Gamble Co. | Reduce -15.1% | 0.66% | −0.19 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -43.6% | 0.14% | −0.18 |
| DIS The Walt Disney Co. | Reduce -25.6% | 0.20% | −0.11 |
| PGR Progressive Corp. | Reduce -11.1% | 0.33% | −0.09 |
| ATR Aptargroup Inc. | Reduce -14.8% | 0.21% | −0.09 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -26.2% | 0.18% | −0.08 |
| MRSH Marsh & McLennan Cos | Reduce -0.0% | 0.51% | −0.07 |
| V Visa Inc. Class A | Reduce -0.4% | 0.73% | −0.07 |
| ALC Alcon Inc. | Reduce -9.6% | 0.16% | −0.06 |
| CNI Canadian Natl Railway Co. | Reduce -2.5% | 0.27% | −0.05 |
| DHR Danaher Corp. | Reduce -19.0% | 0.17% | −0.05 |
| MSCI MSCI Inc. | Reduce -5.5% | 0.32% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -14.3% | 0.23% | −0.04 |
| PEP Pepsico Inc. | Reduce -12.3% | 0.32% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -29.2% | 0.11% | −0.04 |
| TYL Tyler Technologies Inc. | Reduce -8.0% | 0.13% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -36.6% | 0.04% | −0.03 |
| EW Edwards Lifesciences Corp. | Reduce -6.8% | 0.18% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -37.5% | 0.02% | −0.02 |
| EMR Emerson Electric Co. | Reduce -2.8% | 0.23% | −0.02 |
| EPD Enterprise Products Partners | Reduce -6.7% | 0.18% | −0.02 |
| SPGI S&P Global Inc. | Reduce -1.3% | 0.13% | −0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -5.9% | 0.25% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -0.0% | 0.14% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -25.9% | 0.07% | −0.02 |
| ECL Ecolab Inc. | Reduce -5.7% | 0.19% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.6% | 0.06% | −0.02 |
| UNP Union Pacific Corp. | Reduce -14.1% | 0.08% | −0.02 |
| HON Honeywell International Inc. | Reduce -5.5% | 0.07% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -3.4% | 0.14% | −0.01 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.2% | 0.06% | −0.01 |
| AMGN Amgen Inc. | Reduce -10.8% | 0.08% | −0.01 |
| FXE Invesco Currencyshares Euro | Sold out | 0.00% | −0.01 |
| AMT American Tower Corp. | Reduce -19.3% | 0.02% | −0.01 |
| NKE Nike Inc. Class B | Reduce -25.0% | 0.03% | −0.01 |
| DE Deere & Co. | Reduce -0.8% | 0.06% | −0.01 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -61.5% | 0.01% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -7.2% | 0.03% | −0.01 |
| ODFL Old Dominion Freight Line | Reduce -1.8% | 0.04% | −0.01 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -3.0% | 2.77% | −0.01 |
| CVS CVS Health Corp. | Reduce -36.4% | 0.02% | −0.01 |
| PAR Par Technology Corp. | Reduce -4.0% | 0.01% | −0.01 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -1.1% | 0.04% | −0.01 |
| XLP SS Consumer Staples Sel Sect | Reduce -13.3% | 0.03% | −0.01 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GVI iShares Intermediate Governm | New | 4.18% | +4.18 |
| AAPL Apple Inc. | Add +0.4% | 3.32% | +0.53 |
| VTI VG Morningstar TS MKT ETF-US | Add +45.5% | 0.97% | +0.32 |
| BKNG Booking Holdings Inc. | Add +816.2% | 0.24% | +0.21 |
| OAKM Oakmark US Large Cap ETF | Add +4.1% | 5.36% | +0.18 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.6% | 0.72% | +0.13 |
| TJX TJX Companies Inc. | Add +6.0% | 0.79% | +0.12 |
| HD Home Depot Inc. | Add +1.6% | 1.29% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +15.2% | 0.64% | +0.09 |
| META Meta Platforms Inc. Class A | Add +22.2% | 0.56% | +0.08 |
| KO The Coca-Cola Co. | Add +112.8% | 0.16% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 1.32% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.2% | 1.26% | +0.07 |
| VMC Vulcan Materials Co. | New | 0.07% | +0.07 |
| ABBV Abbvie Inc. | Add +1.4% | 0.37% | +0.06 |
| WMT Walmart Inc. | Add +6.8% | 0.81% | +0.06 |
| IAU iShares Gold Trust | Add +313.2% | 0.06% | +0.05 |
| LLY Eli Lilly & Co. | Add +14.6% | 0.70% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 0.84% | +0.04 |
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | Add +3.6% | 0.13% | +0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.04% | +0.04 |
| MSFT Microsoft Corp. | Add +1.7% | 3.48% | +0.03 |
| AVGO Broadcom Inc. | Add +2.6% | 0.23% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +129.5% | 0.05% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +64.7% | 0.08% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +221.8% | 0.04% | +0.03 |
| GLD SPDR Gold Shares | Add +0.1% | 0.29% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +2.6% | 0.39% | +0.03 |
| SGOL Abrdn Physical Gold Shares | Add +2.1% | 0.23% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.2% | 0.73% | +0.03 |
| VXF Vanguard Extended Market ETF | Add +84.1% | 0.06% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +267.5% | 0.03% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.6% | 0.31% | +0.02 |
| CAT Caterpillar Inc. | Add +6.5% | 0.11% | +0.02 |
| QCOM Qualcomm Inc. | Add +39.0% | 0.07% | +0.02 |
| GE General Electric | Add +2.0% | 0.13% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Add +20.2% | 0.07% | +0.01 |
| SCHP Schwab U.S. Tips ETF | Add +57487.0% | 0.01% | +0.01 |
| TLT iShares 20+ Year Treasury BD | Add +1487.7% | 0.02% | +0.01 |
| AMAT Applied Materials Inc. | Add +6.8% | 0.11% | +0.01 |
| CVX Chevron Corp. | Add +12.0% | 0.10% | +0.01 |
| VGK Vanguard Ftse Europe ETF | Add +202.4% | 0.02% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +26.9% | 0.07% | +0.01 |
| LIN Linde PLC | Add +6.7% | 0.39% | +0.01 |
| RTX RTX Corp. | Add +2.7% | 0.10% | +0.01 |
| CTAS Cintas Corp. | New | 0.01% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +30.7% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +27.3% | 0.04% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +7.5% | 0.06% | +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 |