Nichols & Pratt Advisers LLP

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), Nichols & Pratt Advisers LLP reported 97 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 8.2% of the portfolio, followed by Alphabet Class C (GOOG, 5.9%) and Microsoft (MSFT, 5.7%). Compared with Q1 2024, it opened 2 new positions, sold out of 9, added to 15 and reduced 60. The biggest buy was Kinder Morgan (KMI, shares +0%) and the biggest sale Fastenal (FAST, shares −0%).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0001141781
Portfolio Value: $1.5B (Q2 2024)
SEC Filing: 0001141781-24-000003 ↗ filed Jul 25, 2024

Holdings Value

Holdings 97 stocks · $1.5B


AAPL Apple Inc.	8.22%	577,818	$121.7M	Reduce -0.2%
GOOG Alphabet Inc. Class C	5.95%	480,074	$88.1M	Reduce -0.2%
MSFT Microsoft Corp.	5.75%	190,327	$85.1M	Reduce -1.6%
ADP Automatic Data Processing	5.32%	329,640	$78.7M	Reduce -0.6%
JNJ Johnson & Johnson	5.00%	506,467	$74.0M	Reduce -0.1%
NVO Novo-Nordisk A/S-Spons ADR	4.79%	496,215	$70.8M	Reduce -0.1%
MA Mastercard Inc. Class A	4.44%	149,081	$65.8M	Reduce -0.3%
PG The Procter & Gamble Co.	4.41%	396,019	$65.3M	Reduce -2.3%
PEP Pepsico Inc.	3.99%	358,094	$59.1M	Reduce -0.5%
MRK Merck & Co. Inc.	3.91%	467,237	$57.8M	Reduce -1.4%
FISV Fiserv Inc.	3.40%	337,758	$50.3M	Reduce -0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	3.01%	404,900	$44.6M	Reduce -0.2%
KMI Kinder Morgan Inc.	2.48%	1,850,202	$36.8M	Add +0.0%
FAST Fastenal Co.	2.48%	584,599	$36.7M	Reduce -0.1%
AMZN Amazon.com Inc.	2.48%	189,652	$36.7M	Reduce -0.3%
INTU Intuit Inc.	2.28%	51,284	$33.7M	Reduce -0.2%
KO The Coca-Cola Co.	2.07%	482,319	$30.7M	Reduce -1.1%
VZ Verizon Communications Inc.	2.03%	727,353	$30.0M	Add +0.5%
QCOM Qualcomm Inc.	2.00%	148,441	$29.6M	Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B	1.94%	70,666	$28.7M	Reduce -1.2%
CAT Caterpillar Inc.	1.92%	85,487	$28.5M	Reduce -2.6%
LIN Linde PLC	1.71%	57,635	$25.3M	Reduce -0.0%
ACN Accenture PLC Class A	1.60%	78,167	$23.7M	Reduce -0.1%
IQV Iqvia Holdings Inc.	1.49%	104,335	$22.1M	Add +3.6%
RTO Rentokil Initial PLC-SP ADR	1.33%	665,984	$19.7M	Add +8.0%
SYK Stryker Corp.	1.17%	50,813	$17.3M	Reduce -0.4%
ALC Alcon Inc. filed as ALCON AG	1.07%	177,298	$15.8M	Add +0.1%
CSCO Cisco Systems Inc.	1.06%	330,837	$15.7M	Reduce -1.1%
SO The Southern Co.	1.01%	192,302	$14.9M	No change
MDT Medtronic PLC	0.88%	165,287	$13.0M	Add +0.0%
APD Air Products & Chemicals Inc.	0.78%	44,546	$11.5M	Add +1.5%
TMO Thermo Fisher Scientific Inc.	0.77%	20,523	$11.3M	Add +7.5%
CVS CVS Health Corp.	0.73%	183,380	$10.8M	Reduce -12.5%
XOM Exxon Mobil Corp.	0.63%	81,072	$9.3M	Reduce -0.8%
GPN Global Payments Inc.	0.59%	90,245	$8.7M	Add +9.5%
AZPN Aspen Technology Inc.	0.41%	30,457	$6.0M	Add +3.5%
EXPD Expeditors Intl Wash Inc.	0.37%	44,466	$5.5M	Reduce -16.9%
WDS Woodside Energy Group-ADR	0.33%	258,480	$4.9M	Add +0.4%
ABBV Abbvie Inc.	0.32%	27,235	$4.7M	Reduce -2.5%
STT State Street Corp.	0.31%	61,937	$4.6M	Reduce -3.0%
JPM JPMorgan Chase & Co.	0.31%	22,362	$4.5M	Reduce -5.8%
NVDA Nvidia Corp.	0.29%	34,940	$4.3M	No change
EMR Emerson Electric Co.	0.28%	38,257	$4.2M	Reduce -9.1%
NVS Novartis AG-Sponsored ADR	0.27%	37,802	$4.0M	Reduce -12.7%
GE General Electric filed as GE AEROSPACE	0.26%	24,411	$3.9M	Reduce -3.6%
ABT Abbott Laboratories	0.26%	36,562	$3.8M	Reduce -0.8%
COST Costco Wholesale Corp.	0.25%	4,380	$3.7M	Reduce -0.1%
ECL Ecolab Inc.	0.25%	15,632	$3.7M	Reduce -6.6%
MKC McCormick & Co.-Non VTG SHRS	0.23%	47,217	$3.3M	Reduce -2.8%
BHP BHP Group Ltd.-Spon ADR	0.21%	55,064	$3.1M	Reduce -1.6%
SHW The Sherwin-Williams Co.	0.20%	10,158	$3.0M	Reduce -3.5%
WAT Waters Corp.	0.19%	9,852	$2.9M	Reduce -1.0%
INTC Intel Corp.	0.19%	92,093	$2.9M	Reduce -0.3%
ADBE Adobe Inc.	0.17%	4,573	$2.5M	No change
RTX RTX Corp.	0.15%	22,232	$2.2M	Reduce -7.7%
DHR Danaher Corp.	0.13%	7,440	$1.9M	No change
SYY Sysco Corp.	0.12%	25,655	$1.8M	No change
MMM 3M Co.	0.11%	16,390	$1.7M	Reduce -35.0%
V Visa Inc. Class A	0.10%	5,642	$1.5M	Add +0.1%
SPGI S&P Global Inc.	0.10%	3,278	$1.5M	Reduce -3.0%
PFE Pfizer Inc.	0.10%	52,133	$1.5M	Reduce -2.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.10%	8,158	$1.4M	Reduce -0.1%
QSR Restaurant Brands Intern	0.09%	19,825	$1.4M	Add +14.5%
AMGN Amgen Inc.	0.09%	4,244	$1.3M	Reduce -3.4%
GOOGL Alphabet Inc. Class A	0.08%	6,495	$1.2M	Reduce -3.2%
CB Chubb Ltd.	0.08%	4,572	$1.2M	Reduce -4.9%
UNP Union Pacific Corp.	0.08%	4,950	$1.1M	No change
CL Colgate-Palmolive Co.	0.06%	9,180	$891K	No change
GEV GE Vernova Inc.	0.06%	4,773	$819K	Reduce -24.6%
SPY SS SPDR S&P 500 ETF Trust-US	0.05%	1,486	$809K	Add +4.1%
CVX Chevron Corp.	0.05%	5,027	$786K	No change
KEYS Keysight Technologies Inc.	0.04%	4,275	$585K	Add +7.2%
AVGO Broadcom Inc.	0.04%	337	$541K	Reduce -12.9%
BMY Bristol-Myers Squibb Co.	0.04%	12,895	$536K	No change
IWM iShares Russell 2000 ETF	0.03%	2,340	$475K	Reduce -48.5%
HD Home Depot Inc.	0.03%	1,368	$471K	No change
EW Edwards Lifesciences Corp.	0.03%	5,050	$466K	No change
T AT&T Inc.	0.03%	22,898	$438K	Reduce -43.6%
NKE Nike Inc. Class B	0.03%	5,726	$432K	No change
GIS General Mills Inc.	0.03%	6,355	$402K	Reduce -11.8%
MCD McDonald's Corp.	0.03%	1,572	$401K	No change
SBUX Starbucks Corp.	0.03%	4,965	$387K	Reduce -7.5%
CRM Salesforce Inc.	0.03%	1,480	$381K	No change
WFC Wells Fargo & Co.	0.02%	6,200	$368K	Reduce -12.7%
WBD Warner Bros Discovery Inc.	0.02%	45,213	$336K	Reduce -3.5%
NEE Nextera Energy Inc.	0.02%	4,621	$327K	Reduce -14.8%
SOLV Solventum Corp.	0.02%	6,139	$325K	Reduce -2.7%
RGEN Repligen Corp.	0.02%	2,555	$322K	No change
LOW Lowe's Cos Inc.	0.02%	1,419	$313K	New
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.02%	6,164	$291K	No change
CTAS Cintas Corp.	0.02%	400	$280K	No change
MRSH Marsh & McLennan Cos	0.02%	1,277	$269K	No change
NOW ServiceNow Inc.	0.02%	330	$260K	No change
ITW Illinois Tool Works	0.02%	1,075	$255K	No change
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.02%	2,474	$246K	Reduce -37.8%
RY Royal Bank of Canada	0.02%	2,252	$240K	New
AFL Aflac Inc.	0.01%	2,440	$218K	Reduce -2.4%

Portfolio Sells Q1 2024 → Q2 2024


FAST Fastenal Co.	Reduce -0.1%	2.48%	−0.55
MA Mastercard Inc. Class A	Reduce -0.3%	4.44%	−0.40
JNJ Johnson & Johnson	Reduce -0.1%	5.00%	−0.40
CVS CVS Health Corp.	Reduce -12.5%	0.73%	−0.39
MRK Merck & Co. Inc.	Reduce -1.4%	3.91%	−0.30
ADP Automatic Data Processing	Reduce -0.6%	5.32%	−0.26
PEP Pepsico Inc.	Reduce -0.5%	3.99%	−0.25
CAT Caterpillar Inc.	Reduce -2.6%	1.92%	−0.24
FISV Fiserv Inc.	Reduce -0.1%	3.40%	−0.23
ACN Accenture PLC Class A	Reduce -0.1%	1.60%	−0.22
LIN Linde PLC	Reduce -0.0%	1.71%	−0.09
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.2%	1.94%	−0.08
INTC Intel Corp.	Reduce -0.3%	0.19%	−0.08
MMM 3M Co.	Reduce -35.0%	0.11%	−0.07
EXPD Expeditors Intl Wash Inc.	Reduce -16.9%	0.37%	−0.06
CSCO Cisco Systems Inc.	Reduce -1.1%	1.06%	−0.06
SYK Stryker Corp.	Reduce -0.4%	1.17%	−0.05
SHW The Sherwin-Williams Co.	Reduce -3.5%	0.20%	−0.04
WAT Waters Corp.	Reduce -1.0%	0.19%	−0.04
GE General Electric	Reduce -3.6%	0.26%	−0.04
EMR Emerson Electric Co.	Reduce -9.1%	0.28%	−0.04
IWM iShares Russell 2000 ETF	Reduce -48.5%	0.03%	−0.03
ABBV Abbvie Inc.	Reduce -2.5%	0.32%	−0.03
ABT Abbott Laboratories	Reduce -0.8%	0.26%	−0.03
MKC McCormick & Co.-Non VTG SHRS	Reduce -2.8%	0.23%	−0.03
STT State Street Corp.	Reduce -3.0%	0.31%	−0.02
EL Estee Lauder Companies Class A	Sold out	0.00%	−0.02
PHR Phreesia Inc.	Sold out	0.00%	−0.02
AXP American Express Co.	Sold out	0.00%	−0.02
T AT&T Inc.	Reduce -43.6%	0.03%	−0.02
EFA iShares MSCI Eafe ETF	Sold out	0.00%	−0.02
GEV GE Vernova Inc.	Reduce -24.6%	0.06%	−0.02
DE Deere & Co.	Sold out	0.00%	−0.02
AMP Ameriprise Financial Inc.	Sold out	0.00%	−0.02
DIS The Walt Disney Co.	Reduce -37.8%	0.02%	−0.02
APH Amphenol Corp. Class A	Sold out	0.00%	−0.01
GWW WW Grainger Inc.	Sold out	0.00%	−0.01
JPM JPMorgan Chase & Co.	Reduce -5.8%	0.31%	−0.01
CTVA Corteva Inc.	Sold out	0.00%	−0.01
PG The Procter & Gamble Co.	Reduce -2.3%	4.41%	−0.01
NVS Novartis AG-Sponsored ADR	Reduce -12.7%	0.27%	−0.01
IBM Intl Business Machines Corp.	Reduce -0.1%	0.10%	−0.01
XOM Exxon Mobil Corp.	Reduce -0.8%	0.63%	−0.01
ECL Ecolab Inc.	Reduce -6.6%	0.25%	−0.01
RTX RTX Corp.	Reduce -7.7%	0.15%	−0.01
SBUX Starbucks Corp.	Reduce -7.5%	0.03%	−0.01
GIS General Mills Inc.	Reduce -11.8%	0.03%	−0.01
BHP BHP Group Ltd.-Spon ADR	Reduce -1.6%	0.21%	−0.01
CB Chubb Ltd.	Reduce -4.9%	0.08%	−0.01
WBD Warner Bros Discovery Inc.	Reduce -3.5%	0.02%	−0.00

Portfolio Buys Q1 2024 → Q2 2024


KMI Kinder Morgan Inc.	Add +0.0%	2.48%	+0.20
RTO Rentokil Initial PLC-SP ADR	Add +8.0%	1.33%	+0.08
ALC Alcon Inc.	Add +0.1%	1.07%	+0.08
APD Air Products & Chemicals Inc.	Add +1.5%	0.78%	+0.06
LOW Lowe's Cos Inc.	New	0.02%	+0.02
TMO Thermo Fisher Scientific Inc.	Add +7.5%	0.77%	+0.02
RY Royal Bank of Canada	New	0.02%	+0.02
SPY SS SPDR S&P 500 ETF Trust-US	Add +4.1%	0.05%	+0.00
QSR Restaurant Brands Intern	Add +14.5%	0.09%	+0.00
KEYS Keysight Technologies Inc.	Add +7.2%	0.04%	−0.00
V Visa Inc. Class A	Add +0.1%	0.10%	−0.01
AZPN Aspen Technology Inc.	Add +3.5%	0.41%	−0.01
WDS Woodside Energy Group-ADR	Add +0.4%	0.33%	−0.02
VZ Verizon Communications Inc.	Add +0.5%	2.03%	−0.02
MDT Medtronic PLC	Add +0.0%	0.88%	−0.09
GPN Global Payments Inc.	Add +9.5%	0.59%	−0.15
IQV Iqvia Holdings Inc.	Add +3.6%	1.49%	−0.22

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	109	$1.6B	AAPL, GOOG, JNJ, MA, MSFT
Q1 2026	105	$1.5B	AAPL, GOOG, JNJ, MA, MSFT
Q4 2025	107	$1.6B	AAPL, GOOG, JNJ, MSFT, MA
Q3 2025	106	$1.6B	AAPL, GOOG, MSFT, JNJ, ADP
Q2 2025	104	$1.5B	AAPL, ADP, MSFT, GOOG, MA
Q1 2025	96	$1.5B	AAPL, ADP, JNJ, MA, GOOG
Q4 2024	101	$1.5B	AAPL, ADP, GOOG, MSFT, MA
Q3 2024	104	$1.5B	AAPL, ADP, JNJ, GOOG, MSFT
Q2 2024	97	$1.5B	AAPL, GOOG, MSFT, ADP, JNJ
Q1 2024	102	$1.5B	AAPL, ADP, MSFT, JNJ, GOOG