Nichols & Pratt Advisers LLP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Nichols & Pratt Advisers LLP reported 104 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 8.5% of the portfolio, followed by Automatic Data Processing (ADP, 5.8%) and Johnson & Johnson (JNJ, 5.3%). Compared with Q2 2024, it opened 10 new positions, sold out of 3, added to 21 and reduced 56. The biggest buy was Thermo Fisher Scientific (TMO, shares +10%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −2%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001141781
Portfolio Value
$1.5B (Q3 2024)
SEC Filing
0001141781-24-000007 ↗ filed Oct 25, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.5B $1.5B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 104 stocks · $1.5B
AAPL Apple Inc. 8.53% 568,143 $132.1M Reduce -1.7%
ADP Automatic Data Processing 5.85% 326,914 $90.5M Reduce -0.8%
JNJ Johnson & Johnson 5.28% 504,770 $81.8M Reduce -0.3%
GOOG Alphabet Inc. Class C 5.19% 480,193 $80.3M Add +0.0%
MSFT Microsoft Corp. 5.15% 185,867 $79.7M Reduce -2.3%
MA Mastercard Inc. Class A 4.73% 148,141 $73.2M Reduce -0.6%
PG The Procter & Gamble Co. 4.32% 386,149 $66.9M Reduce -2.5%
FISV Fiserv Inc. 3.92% 337,043 $60.6M Reduce -0.2%
PEP Pepsico Inc. 3.90% 354,590 $60.3M Reduce -1.0%
NVO Novo-Nordisk A/S-Spons ADR 3.75% 488,210 $58.1M Reduce -1.6%
MRK Merck & Co. Inc. 3.36% 457,177 $52.0M Reduce -2.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.06% 403,375 $47.4M Reduce -0.4%
FAST Fastenal Co. 2.67% 580,009 $41.4M Reduce -0.8%
KMI Kinder Morgan Inc. 2.63% 1,842,668 $40.7M Reduce -0.4%
AMZN Amazon.com Inc. 2.37% 196,969 $36.7M Add +3.9%
KO The Coca-Cola Co. 2.18% 469,989 $33.8M Reduce -2.6%
VZ Verizon Communications Inc. 2.12% 729,410 $32.8M Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 2.07% 69,731 $32.1M Reduce -1.3%
CAT Caterpillar Inc. 2.07% 81,892 $32.0M Reduce -4.2%
INTU Intuit Inc. 2.04% 50,845 $31.5M Reduce -0.9%
LIN Linde PLC 1.77% 57,542 $27.4M Reduce -0.2%
ACN Accenture PLC Class A 1.77% 77,624 $27.4M Reduce -0.7%
QCOM Qualcomm Inc. 1.69% 154,141 $26.2M Add +3.8%
IQV Iqvia Holdings Inc. 1.62% 106,245 $25.1M Add +1.8%
SYK Stryker Corp. 1.18% 50,473 $18.2M Reduce -0.7%
RTO Rentokil Initial PLC-SP ADR 1.15% 714,726 $17.8M Add +7.3%
ALC Alcon Inc. filed as ALCON AG 1.14% 175,938 $17.6M Reduce -0.8%
CSCO Cisco Systems Inc. 1.12% 324,712 $17.3M Reduce -1.9%
SO The Southern Co. 1.11% 191,302 $17.3M Reduce -0.5%
MDT Medtronic PLC 0.92% 158,397 $14.3M Reduce -4.2%
TMO Thermo Fisher Scientific Inc. 0.90% 22,625 $14.0M Add +10.2%
APD Air Products & Chemicals Inc. 0.90% 46,960 $13.9M Add +5.4%
GPN Global Payments Inc. 0.62% 94,291 $9.7M Add +4.5%
CVS CVS Health Corp. 0.61% 150,965 $9.5M Reduce -17.7%
XOM Exxon Mobil Corp. 0.59% 77,812 $9.1M Reduce -4.0%
AZPN Aspen Technology Inc. 0.46% 29,776 $7.1M Reduce -2.2%
ABBV Abbvie Inc. 0.34% 26,600 $5.3M Reduce -2.3%
EXPD Expeditors Intl Wash Inc. 0.33% 38,291 $5.0M Reduce -13.9%
STT State Street Corp. 0.31% 55,007 $4.9M Reduce -11.2%
JPM JPMorgan Chase & Co. 0.30% 22,393 $4.7M Add +0.1%
COST Costco Wholesale Corp. 0.30% 5,232 $4.6M Add +19.4%
GE General Electric filed as GE AEROSPACE 0.30% 24,358 $4.6M Reduce -0.2%
NVS Novartis AG-Sponsored ADR 0.28% 37,347 $4.3M Reduce -1.2%
ABT Abbott Laboratories 0.26% 35,927 $4.1M Reduce -1.7%
EMR Emerson Electric Co. 0.26% 36,312 $4.0M Reduce -5.1%
ECL Ecolab Inc. 0.25% 15,445 $3.9M Reduce -1.2%
MKC McCormick & Co.-Non VTG SHRS 0.25% 47,142 $3.9M Reduce -0.2%
NVDA Nvidia Corp. 0.25% 31,940 $3.9M Reduce -8.6%
SHW The Sherwin-Williams Co. 0.25% 10,158 $3.9M No change
WAT Waters Corp. 0.23% 9,802 $3.5M Reduce -0.5%
BHP BHP Group Ltd.-Spon ADR 0.23% 56,114 $3.5M Add +1.9%
ADBE Adobe Inc. 0.18% 5,426 $2.8M Add +18.6%
RTX RTX Corp. 0.17% 22,232 $2.7M No change
WDS Woodside Energy Group-ADR 0.17% 150,766 $2.6M Reduce -41.7%
DHR Danaher Corp. 0.16% 9,184 $2.6M Add +23.4%
V Visa Inc. Class A 0.16% 8,926 $2.5M Add +58.2%
MMM 3M Co. 0.14% 16,390 $2.2M No change
INTC Intel Corp. 0.13% 86,818 $2.0M Reduce -5.7%
SYY Sysco Corp. 0.12% 23,675 $1.8M Reduce -7.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 8,158 $1.8M No change
QSR Restaurant Brands Intern 0.11% 24,453 $1.8M Add +23.3%
SPGI S&P Global Inc. 0.11% 3,378 $1.7M Add +3.0%
GOOGL Alphabet Inc. Class A 0.10% 9,495 $1.6M Add +46.2%
PFE Pfizer Inc. 0.10% 52,133 $1.5M No change
AMGN Amgen Inc. 0.09% 4,144 $1.3M Reduce -2.4%
CB Chubb Ltd. 0.09% 4,572 $1.3M No change
UNP Union Pacific Corp. 0.07% 4,500 $1.1M Reduce -9.1%
GEV GE Vernova Inc. 0.07% 4,016 $1.0M Reduce -15.9%
KEYS Keysight Technologies Inc. 0.07% 6,449 $1.0M Add +50.9%
CL Colgate-Palmolive Co. 0.06% 9,050 $939K Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 1,486 $853K No change
CRM Salesforce Inc. 0.05% 2,805 $768K Add +89.5%
CVX Chevron Corp. 0.04% 4,677 $689K Reduce -7.0%
BMY Bristol-Myers Squibb Co. 0.04% 12,895 $667K No change
NAPA The Duckhorn Portfolio Inc. 0.04% 104,000 $599K New
AVGO Broadcom Inc. 0.04% 3,220 $555K Reduce -4.5%
SHOP Shopify Inc. Class A 0.03% 6,500 $521K New
T AT&T Inc. 0.03% 22,796 $502K Reduce -0.5%
SBUX Starbucks Corp. 0.03% 4,965 $484K No change
HD Home Depot Inc. 0.03% 1,192 $483K Reduce -12.9%
GIS General Mills Inc. 0.03% 6,155 $455K Reduce -3.1%
MCD McDonald's Corp. 0.03% 1,450 $442K Reduce -7.8%
IWM iShares Russell 2000 ETF 0.03% 1,990 $440K Reduce -15.0%
NKE Nike Inc. Class B 0.03% 4,876 $431K Reduce -14.8%
NEE Nextera Energy Inc. 0.03% 4,966 $420K Add +7.5%
SOLV Solventum Corp. 0.03% 6,015 $419K Reduce -2.0%
ALNY Alnylam Pharmaceuticals Inc. 0.02% 1,375 $378K New
WBD Warner Bros Discovery Inc. 0.02% 44,843 $370K Reduce -0.8%
WFC Wells Fargo & Co. 0.02% 6,200 $350K No change
EW Edwards Lifesciences Corp. 0.02% 5,050 $333K No change
CTAS Cintas Corp. 0.02% 1,600 $329K No change
AMT American Tower Corp. 0.02% 1,375 $320K New
ASO Academy Sports & Outdoors Inc. 0.02% 5,350 $303K New
NOW ServiceNow Inc. 0.02% 330 $295K No change
MRSH Marsh & McLennan Cos 0.02% 1,277 $285K No change
ITW Illinois Tool Works 0.02% 1,075 $282K No change
AFL Aflac Inc. 0.02% 2,440 $273K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 6,164 $259K No change
CARR Carrier Global Corp. 0.02% 2,950 $237K New
AWK American Water Works Co. Inc. 0.01% 1,500 $219K New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 211 $219K New
CTVA Corteva Inc. 0.01% 3,517 $207K New
MS Morgan Stanley 0.01% 1,945 $203K New
RGEN Repligen Corp. 0.01% 1,355 $202K Reduce -47.0%

Portfolio Sells Q2 2024 → Q3 2024
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.6% 3.75% −1.03
MSFT Microsoft Corp. Reduce -2.3% 5.15% −0.60
MRK Merck & Co. Inc. Reduce -2.1% 3.36% −0.55
INTU Intuit Inc. Reduce -0.9% 2.04% −0.24
WDS Woodside Energy Group-ADR Reduce -41.7% 0.17% −0.16
CVS CVS Health Corp. Reduce -17.7% 0.61% −0.12
PEP Pepsico Inc. Reduce -1.0% 3.90% −0.09
PG The Procter & Gamble Co. Reduce -2.5% 4.32% −0.09
INTC Intel Corp. Reduce -5.7% 0.13% −0.06
EXPD Expeditors Intl Wash Inc. Reduce -13.9% 0.33% −0.05
XOM Exxon Mobil Corp. Reduce -4.0% 0.59% −0.04
NVDA Nvidia Corp. Reduce -8.6% 0.25% −0.04
EMR Emerson Electric Co. Reduce -5.1% 0.26% −0.03
LOW Lowe's Cos Inc. Sold out 0.00% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.02
RY Royal Bank of Canada Sold out 0.00% −0.02
RGEN Repligen Corp. Reduce -47.0% 0.01% −0.01
CVX Chevron Corp. Reduce -7.0% 0.04% −0.01
SYY Sysco Corp. Reduce -7.7% 0.12% −0.00
UNP Union Pacific Corp. Reduce -9.1% 0.07% −0.00
IWM iShares Russell 2000 ETF Reduce -15.0% 0.03% −0.00
AMGN Amgen Inc. Reduce -2.4% 0.09% −0.00
NKE Nike Inc. Class B Reduce -14.8% 0.03% −0.00
AVGO Broadcom Inc. Reduce -4.5% 0.04% −0.00
HD Home Depot Inc. Reduce -12.9% 0.03% −0.00
CL Colgate-Palmolive Co. Reduce -1.4% 0.06% +0.00
WBD Warner Bros Discovery Inc. Reduce -0.8% 0.02% +0.00
MCD McDonald's Corp. Reduce -7.8% 0.03% +0.00
GIS General Mills Inc. Reduce -3.1% 0.03% +0.00
T AT&T Inc. Reduce -0.5% 0.03% +0.00
ECL Ecolab Inc. Reduce -1.2% 0.25% +0.00
STT State Street Corp. Reduce -11.2% 0.31% +0.00
SOLV Solventum Corp. Reduce -2.0% 0.03% +0.01
NVS Novartis AG-Sponsored ADR Reduce -1.2% 0.28% +0.01
SYK Stryker Corp. Reduce -0.7% 1.18% +0.01
ABT Abbott Laboratories Reduce -1.7% 0.26% +0.01
GEV GE Vernova Inc. Reduce -15.9% 0.07% +0.01
ABBV Abbvie Inc. Reduce -2.3% 0.34% +0.02
MKC McCormick & Co.-Non VTG SHRS Reduce -0.2% 0.25% +0.02
GE General Electric Reduce -0.2% 0.30% +0.03
WAT Waters Corp. Reduce -0.5% 0.23% +0.03
MDT Medtronic PLC Reduce -4.2% 0.92% +0.04
TJX TJX Companies Inc. Reduce -0.4% 3.06% +0.05
AZPN Aspen Technology Inc. Reduce -2.2% 0.46% +0.05
CSCO Cisco Systems Inc. Reduce -1.9% 1.12% +0.05
LIN Linde PLC Reduce -0.2% 1.77% +0.06
ALC Alcon Inc. Reduce -0.8% 1.14% +0.07
SO The Southern Co. Reduce -0.5% 1.11% +0.11
KO The Coca-Cola Co. Reduce -2.6% 2.18% +0.11
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.3% 2.07% +0.13

Portfolio Buys Q2 2024 → Q3 2024
TMO Thermo Fisher Scientific Inc. Add +10.2% 0.90% +0.14
IQV Iqvia Holdings Inc. Add +1.8% 1.62% +0.13
APD Air Products & Chemicals Inc. Add +5.4% 0.90% +0.12
VZ Verizon Communications Inc. Add +0.3% 2.12% +0.09
V Visa Inc. Class A Add +58.2% 0.16% +0.06
COST Costco Wholesale Corp. Add +19.4% 0.30% +0.05
DHR Danaher Corp. Add +23.4% 0.16% +0.04
NAPA The Duckhorn Portfolio Inc. New 0.04% +0.04
GPN Global Payments Inc. Add +4.5% 0.62% +0.03
SHOP Shopify Inc. Class A New 0.03% +0.03
KEYS Keysight Technologies Inc. Add +50.9% 0.07% +0.03
ALNY Alnylam Pharmaceuticals Inc. New 0.02% +0.02
CRM Salesforce Inc. Add +89.5% 0.05% +0.02
GOOGL Alphabet Inc. Class A Add +46.2% 0.10% +0.02
AMT American Tower Corp. New 0.02% +0.02
QSR Restaurant Brands Intern Add +23.3% 0.11% +0.02
ASO Academy Sports & Outdoors Inc. New 0.02% +0.02
CARR Carrier Global Corp. New 0.02% +0.02
AWK American Water Works Co. Inc. New 0.01% +0.01
GWW WW Grainger Inc. New 0.01% +0.01
SPGI S&P Global Inc. Add +3.0% 0.11% +0.01
CTVA Corteva Inc. New 0.01% +0.01
MS Morgan Stanley New 0.01% +0.01
BHP BHP Group Ltd.-Spon ADR Add +1.9% 0.23% +0.01
ADBE Adobe Inc. Add +18.6% 0.18% +0.01
NEE Nextera Energy Inc. Add +7.5% 0.03% +0.01
JPM JPMorgan Chase & Co. Add +0.1% 0.30% −0.00
AMZN Amazon.com Inc. Add +3.9% 2.37% −0.11
RTO Rentokil Initial PLC-SP ADR Add +7.3% 1.15% −0.18
QCOM Qualcomm Inc. Add +3.8% 1.69% −0.31
GOOG Alphabet Inc. Class C Add +0.0% 5.19% −0.76

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$1.6BAAPL, GOOG, JNJ, MA, MSFT
Q1 2026 105$1.5BAAPL, GOOG, JNJ, MA, MSFT
Q4 2025 107$1.6BAAPL, GOOG, JNJ, MSFT, MA
Q3 2025 106$1.6BAAPL, GOOG, MSFT, JNJ, ADP
Q2 2025 104$1.5BAAPL, ADP, MSFT, GOOG, MA
Q1 2025 96$1.5BAAPL, ADP, JNJ, MA, GOOG
Q4 2024 101$1.5BAAPL, ADP, GOOG, MSFT, MA
Q3 2024 104$1.5BAAPL, ADP, JNJ, GOOG, MSFT
Q2 2024 97$1.5BAAPL, GOOG, MSFT, ADP, JNJ
Q1 2024 102$1.5BAAPL, ADP, MSFT, JNJ, GOOG