Nichols & Pratt Advisers LLP

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

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Nichols & Pratt Advisers LLP reported 101 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 9.2% of the portfolio, followed by Automatic Data Processing (ADP, 6.3%) and Alphabet Class C (GOOG, 6.0%). Compared with Q3 2024, it opened 3 new positions, sold out of 6, added to 16 and reduced 59. The biggest buy was Rentokil Initial PLC-SP ADR (RTO, shares +11%) 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 (Q4 2024)
SEC Filing: 0001141781-25-000001 ↗ filed Feb 5, 2025

Holdings Value

Holdings 101 stocks · $1.5B


AAPL Apple Inc.	9.23%	552,753	$138.4M	Reduce -2.7%
ADP Automatic Data Processing	6.25%	320,507	$93.8M	Reduce -2.0%
GOOG Alphabet Inc. Class C	6.03%	475,010	$90.5M	Reduce -1.1%
MSFT Microsoft Corp.	5.17%	183,909	$77.5M	Reduce -1.1%
MA Mastercard Inc. Class A	5.14%	146,440	$77.1M	Reduce -1.1%
JNJ Johnson & Johnson	4.85%	502,702	$72.7M	Reduce -0.4%
FISV Fiserv Inc.	4.56%	333,133	$68.4M	Reduce -1.2%
PG The Procter & Gamble Co.	4.25%	380,731	$63.8M	Reduce -1.4%
PEP Pepsico Inc.	3.55%	350,264	$53.3M	Reduce -1.2%
KMI Kinder Morgan Inc.	3.34%	1,831,329	$50.2M	Reduce -0.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW	3.22%	400,311	$48.4M	Reduce -0.8%
MRK Merck & Co. Inc.	3.00%	451,743	$44.9M	Reduce -1.2%
AMZN Amazon.com Inc.	2.87%	195,989	$43.0M	Reduce -0.5%
FAST Fastenal Co.	2.74%	572,624	$41.2M	Reduce -1.3%
NVO Novo-Nordisk A/S-Spons ADR	2.74%	477,879	$41.1M	Reduce -2.1%
INTU Intuit Inc.	2.08%	49,619	$31.2M	Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B	2.06%	68,226	$30.9M	Reduce -2.2%
VZ Verizon Communications Inc.	1.98%	741,090	$29.6M	Add +1.6%
KO The Coca-Cola Co.	1.91%	460,697	$28.7M	Reduce -2.0%
ACN Accenture PLC Class A	1.81%	77,184	$27.2M	Reduce -0.6%
CAT Caterpillar Inc.	1.75%	72,395	$26.3M	Reduce -11.6%
QCOM Qualcomm Inc.	1.62%	157,784	$24.2M	Add +2.4%
LIN Linde PLC	1.61%	57,794	$24.2M	Add +0.4%
IQV Iqvia Holdings Inc.	1.43%	109,144	$21.4M	Add +2.7%
RTO Rentokil Initial PLC-SP ADR	1.34%	793,679	$20.1M	Add +11.1%
SYK Stryker Corp.	1.21%	50,303	$18.1M	Reduce -0.3%
SO The Southern Co.	1.03%	187,568	$15.4M	Reduce -1.9%
ALC Alcon Inc. filed as ALCON AG	0.98%	174,070	$14.8M	Reduce -1.1%
APD Air Products & Chemicals Inc.	0.91%	47,213	$13.7M	Add +0.5%
TMO Thermo Fisher Scientific Inc.	0.86%	24,908	$13.0M	Add +10.1%
MDT Medtronic PLC	0.86%	161,162	$12.9M	Add +1.8%
CSCO Cisco Systems Inc.	0.81%	206,370	$12.2M	Reduce -36.5%
GPN Global Payments Inc.	0.76%	101,957	$11.4M	Add +8.1%
XOM Exxon Mobil Corp.	0.55%	77,012	$8.3M	Reduce -1.0%
AZPN Aspen Technology Inc.	0.38%	23,036	$5.8M	Reduce -22.6%
JPM JPMorgan Chase & Co.	0.36%	22,452	$5.4M	Add +0.3%
STT State Street Corp.	0.34%	52,232	$5.1M	Reduce -5.0%
CVS CVS Health Corp.	0.33%	109,939	$4.9M	Reduce -27.2%
COST Costco Wholesale Corp.	0.32%	5,184	$4.7M	Reduce -0.9%
ABBV Abbvie Inc.	0.31%	26,199	$4.7M	Reduce -1.5%
EMR Emerson Electric Co.	0.29%	35,512	$4.4M	Reduce -2.2%
NVDA Nvidia Corp.	0.29%	31,940	$4.3M	No change
ABT Abbott Laboratories	0.27%	35,927	$4.1M	No change
GE General Electric filed as GE AEROSPACE	0.27%	24,358	$4.1M	No change
WAT Waters Corp.	0.24%	9,612	$3.6M	Reduce -1.9%
ECL Ecolab Inc.	0.24%	15,120	$3.5M	Reduce -2.1%
MKC McCormick & Co.-Non VTG SHRS	0.23%	46,042	$3.5M	Reduce -2.3%
SHW The Sherwin-Williams Co.	0.23%	9,938	$3.4M	Reduce -2.2%
V Visa Inc. Class A	0.18%	8,762	$2.8M	Reduce -1.8%
BHP BHP Group Ltd.-Spon ADR	0.18%	55,639	$2.7M	Reduce -0.8%
RTX RTX Corp.	0.16%	21,357	$2.5M	Reduce -3.9%
ADBE Adobe Inc.	0.16%	5,426	$2.4M	No change
EXPD Expeditors Intl Wash Inc.	0.15%	19,841	$2.2M	Reduce -48.2%
DHR Danaher Corp.	0.14%	9,184	$2.1M	No change
MMM 3M Co.	0.14%	16,190	$2.1M	Reduce -1.2%
WDS Woodside Energy Group-ADR	0.13%	127,579	$2.0M	Reduce -15.4%
SYY Sysco Corp.	0.12%	23,675	$1.8M	No change
GOOGL Alphabet Inc. Class A	0.12%	9,495	$1.8M	No change
QSR Restaurant Brands Intern	0.12%	26,928	$1.8M	Add +10.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.12%	7,958	$1.7M	Reduce -2.5%
NVS Novartis AG-Sponsored ADR	0.11%	17,722	$1.7M	Reduce -52.5%
SPGI S&P Global Inc.	0.11%	3,378	$1.7M	No change
INTC Intel Corp.	0.11%	82,743	$1.7M	Reduce -4.7%
PFE Pfizer Inc.	0.09%	50,605	$1.3M	Reduce -2.9%
GEV GE Vernova Inc.	0.09%	4,016	$1.3M	No change
CB Chubb Ltd.	0.08%	4,422	$1.2M	Reduce -3.3%
KEYS Keysight Technologies Inc.	0.08%	7,375	$1.2M	Add +14.4%
UNP Union Pacific Corp.	0.07%	4,500	$1.0M	No change
CRM Salesforce Inc.	0.06%	2,755	$921K	Reduce -1.8%
SPY SS SPDR S&P 500 ETF Trust-US	0.06%	1,486	$871K	No change
AMGN Amgen Inc.	0.06%	3,309	$862K	Reduce -20.1%
CL Colgate-Palmolive Co.	0.05%	9,000	$818K	Reduce -0.6%
AVGO Broadcom Inc.	0.05%	3,300	$765K	Add +2.5%
BMY Bristol-Myers Squibb Co.	0.05%	12,545	$710K	Reduce -2.7%
SHOP Shopify Inc. Class A	0.05%	6,500	$691K	No change
CVX Chevron Corp.	0.04%	4,538	$657K	Reduce -3.0%
T AT&T Inc.	0.03%	22,072	$503K	Reduce -3.2%
HD Home Depot Inc.	0.03%	1,211	$471K	Add +1.6%
WFC Wells Fargo & Co.	0.03%	6,200	$435K	No change
GIS General Mills Inc.	0.03%	6,155	$393K	No change
MCD McDonald's Corp.	0.03%	1,300	$377K	Reduce -10.3%
NKE Nike Inc. Class B	0.02%	4,876	$369K	No change
NOW ServiceNow Inc.	0.02%	330	$350K	No change
SOLV Solventum Corp.	0.02%	5,281	$349K	Reduce -12.2%
IWM iShares Russell 2000 ETF	0.02%	1,512	$334K	Reduce -24.0%
ALNY Alnylam Pharmaceuticals Inc.	0.02%	1,375	$324K	No change
ASO Academy Sports & Outdoors Inc.	0.02%	5,600	$322K	Add +4.7%
CTAS Cintas Corp.	0.02%	1,600	$292K	No change
MRSH Marsh & McLennan Cos	0.02%	1,277	$271K	No change
NEE Nextera Energy Inc.	0.02%	3,777	$271K	Reduce -23.9%
AFL Aflac Inc.	0.02%	2,440	$252K	No change
AMT American Tower Corp.	0.02%	1,375	$252K	No change
MS Morgan Stanley	0.02%	1,945	$245K	No change
ITW Illinois Tool Works	0.02%	950	$241K	Reduce -11.6%
UNM Unum Group	0.02%	3,270	$239K	New
SBUX Starbucks Corp.	0.01%	2,465	$225K	Reduce -50.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.01%	5,864	$225K	Reduce -4.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.01%	211	$222K	No change
RGEN Repligen Corp.	0.01%	1,505	$217K	Add +11.1%
AXP American Express Co.	0.01%	700	$208K	New

Show all 101 holdings

Portfolio Sells Q3 2024 → Q4 2024


NVO Novo-Nordisk A/S-Spons ADR	Reduce -2.1%	2.74%	−1.01
JNJ Johnson & Johnson	Reduce -0.4%	4.85%	−0.44
MRK Merck & Co. Inc.	Reduce -1.2%	3.00%	−0.36
PEP Pepsico Inc.	Reduce -1.2%	3.55%	−0.35
CAT Caterpillar Inc.	Reduce -11.6%	1.75%	−0.32
CSCO Cisco Systems Inc.	Reduce -36.5%	0.81%	−0.30
CVS CVS Health Corp.	Reduce -27.2%	0.33%	−0.28
KO The Coca-Cola Co.	Reduce -2.0%	1.91%	−0.27
EXPD Expeditors Intl Wash Inc.	Reduce -48.2%	0.15%	−0.18
NVS Novartis AG-Sponsored ADR	Reduce -52.5%	0.11%	−0.16
ALC Alcon Inc.	Reduce -1.1%	0.98%	−0.15
SO The Southern Co.	Reduce -1.9%	1.03%	−0.09
AZPN Aspen Technology Inc.	Reduce -22.6%	0.38%	−0.08
PG The Procter & Gamble Co.	Reduce -1.4%	4.25%	−0.07
BHP BHP Group Ltd.-Spon ADR	Reduce -0.8%	0.18%	−0.04
NAPA The Duckhorn Portfolio Inc.	Sold out	0.00%	−0.04
XOM Exxon Mobil Corp.	Reduce -1.0%	0.55%	−0.04
WDS Woodside Energy Group-ADR	Reduce -15.4%	0.13%	−0.04
ABBV Abbvie Inc.	Reduce -1.5%	0.31%	−0.03
AMGN Amgen Inc.	Reduce -20.1%	0.06%	−0.03
SHW The Sherwin-Williams Co.	Reduce -2.2%	0.23%	−0.03
WBD Warner Bros Discovery Inc.	Sold out	0.00%	−0.02
EW Edwards Lifesciences Corp.	Sold out	0.00%	−0.02
INTC Intel Corp.	Reduce -4.7%	0.11%	−0.02
ECL Ecolab Inc.	Reduce -2.1%	0.24%	−0.02
MKC McCormick & Co.-Non VTG SHRS	Reduce -2.3%	0.23%	−0.02
SBUX Starbucks Corp.	Reduce -50.4%	0.01%	−0.02
CARR Carrier Global Corp.	Sold out	0.00%	−0.02
AWK American Water Works Co. Inc.	Sold out	0.00%	−0.01
CTVA Corteva Inc.	Sold out	0.00%	−0.01
BRK.B Berkshire Hathaway Inc. Class B	Reduce -2.2%	2.06%	−0.01
RTX RTX Corp.	Reduce -3.9%	0.16%	−0.01
NEE Nextera Energy Inc.	Reduce -23.9%	0.02%	−0.01
PFE Pfizer Inc.	Reduce -2.9%	0.09%	−0.01
CL Colgate-Palmolive Co.	Reduce -0.6%	0.05%	−0.01
IWM iShares Russell 2000 ETF	Reduce -24.0%	0.02%	−0.01
MMM 3M Co.	Reduce -1.2%	0.14%	−0.01
SOLV Solventum Corp.	Reduce -12.2%	0.02%	−0.00
CB Chubb Ltd.	Reduce -3.3%	0.08%	−0.00
MCD McDonald's Corp.	Reduce -10.3%	0.03%	−0.00
ITW Illinois Tool Works	Reduce -11.6%	0.02%	−0.00
SLB SLB Ltd.	Reduce -4.9%	0.01%	−0.00
CVX Chevron Corp.	Reduce -3.0%	0.04%	−0.00
IBM Intl Business Machines Corp.	Reduce -2.5%	0.12%	+0.00
T AT&T Inc.	Reduce -3.2%	0.03%	+0.00
BMY Bristol-Myers Squibb Co.	Reduce -2.7%	0.05%	+0.00
WAT Waters Corp.	Reduce -1.9%	0.24%	+0.01
CRM Salesforce Inc.	Reduce -1.8%	0.06%	+0.01
MSFT Microsoft Corp.	Reduce -1.1%	5.17%	+0.02
COST Costco Wholesale Corp.	Reduce -0.9%	0.32%	+0.02

Portfolio Buys Q3 2024 → Q4 2024


RTO Rentokil Initial PLC-SP ADR	Add +11.1%	1.34%	+0.19
GPN Global Payments Inc.	Add +8.1%	0.76%	+0.14
JPM JPMorgan Chase & Co.	Add +0.3%	0.36%	+0.05
UNM Unum Group	New	0.02%	+0.02
AVGO Broadcom Inc.	Add +2.5%	0.05%	+0.02
AXP American Express Co.	New	0.01%	+0.01
IVV iShares Core S&P 500 ETF	New	0.01%	+0.01
KEYS Keysight Technologies Inc.	Add +14.4%	0.08%	+0.01
APD Air Products & Chemicals Inc.	Add +0.5%	0.91%	+0.01
QSR Restaurant Brands Intern	Add +10.1%	0.12%	+0.00
ASO Academy Sports & Outdoors Inc.	Add +4.7%	0.02%	+0.00
RGEN Repligen Corp.	Add +11.1%	0.01%	+0.00
HD Home Depot Inc.	Add +1.6%	0.03%	+0.00
TMO Thermo Fisher Scientific Inc.	Add +10.1%	0.86%	−0.04
MDT Medtronic PLC	Add +1.8%	0.86%	−0.06
QCOM Qualcomm Inc.	Add +2.4%	1.62%	−0.08
VZ Verizon Communications Inc.	Add +1.6%	1.98%	−0.14
LIN Linde PLC	Add +0.4%	1.61%	−0.16
IQV Iqvia Holdings Inc.	Add +2.7%	1.43%	−0.19

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