CHOATE INVESTMENT ADVISORS

Filed: 5/7/2024ACC: 0001398344-24-008932

📋 What this filing means

CHOATE INVESTMENT ADVISORS filed this quarterly 13F‑HR report disclosing 405 equity positions with a total reported market value of $3.71B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

405

Positions

$3.71B

Total AUM (reported)

21.15M

Total Shares

Allocation by class

CORE S&P500 ETF$1.40B37.7%

COM$1.19B32.0%

S&P500 EQL WGT$199.90M5.4%

NATIONAL MUN ETF$153.80M4.1%

SPDR S&P 500 ETF$117.69M3.2%

CL A$56.08M1.5%

TR UNIT$50.41M1.4%

Portfolio Concentration

Top 3$1.75B47.2%

4–10$602.64M16.2%

11–25$419.87M11.3%

Rest$937.44M25.2%

Top 3 weight

47.2%

Top 10 weight

63.5%

Voting Authority Distribution

Total shares with voting rights: 21.15M

Sole

Full voting authority

16.32M

% of voting shares77.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.83M

% of voting shares22.8%

Investment Discretion (by position count)

Sole405

Shared0

Other0

Dominant voting typeSole · 77.2% of voting shares

Institutional Holdings405

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.67M

TypeSH

Market value$1.40B

37.72%

Sole

2.58M

Shared

0.00

None

85.27K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares1.18M

TypeSH

Market value$199.90M

5.38%

Sole

1.15M

Shared

0.00

None

26.14K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares1.43M

TypeSH

Market value$153.80M

4.14%

Sole

1.43M

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COM

Shares310.20K

TypeSH

Market value$130.51M

3.51%

Sole

216.15K

Shared

0.00

None

94.05K

SPDR SER TR

SOLE

SPDR S&P 500 ETF

Shares2.75M

TypeSH

Market value$117.69M

3.17%

Sole

2.75M

Shared

0.00

None

650.00

APPLE INC

SOLE

COM

Shares588.22K

TypeSH

Market value$100.87M

2.72%

Sole

433.01K

Shared

0.00

None

155.21K

NVIDIA CORPORATION

SOLE

COM

Shares89.39K

TypeSH

Market value$80.77M

2.17%

Sole

33.72K

Shared

0.00

None

55.67K

AMAZON COM INC

SOLE

COM

Shares388.33K

TypeSH

Market value$70.05M

1.89%

Sole

223.13K

Shared

0.00

None

165.20K

PROCTER AND GAMBLE CO

SOLE

COM

Shares322.65K

TypeSH

Market value$52.35M

1.41%

Sole

115.02K

Shared

0.00

None

207.63K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares96.37K

TypeSH

Market value$50.41M

1.36%

Sole

77.45K

Shared

0.00

None

18.92K

ALPHABET INC

SOLE

CAP STK CL A

Shares321.08K

TypeSH

Market value$48.46M

1.30%

Sole

158.26K

Shared

0.00

None

162.82K

HOME DEPOT INC

SOLE

COM

Shares124.07K

TypeSH

Market value$47.59M

1.28%

Sole

72.79K

Shared

0.00

None

51.28K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares342.47K

TypeSH

Market value$37.85M

1.02%

Sole

337.31K

Shared

0.00

None

5.17K

ALPHABET INC

SOLE

CAP STK CL C

Shares203.53K

TypeSH

Market value$30.99M

0.83%

Sole

162.43K

Shared

0.00

None

41.10K

JOHNSON & JOHNSON

SOLE

COM

Shares186.61K

TypeSH

Market value$29.52M

0.79%

Sole

90.33K

Shared

0.00

None

96.28K

VISA INC

SOLE

COM CL A

Shares103.67K

TypeSH

Market value$28.93M

0.78%

Sole

28.56K

Shared

0.00

None

75.11K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares67.91K

TypeSH

Market value$28.56M

0.77%

Sole

64.02K

Shared

0.00

None

3.89K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares97.71K

TypeSH

Market value$25.40M

0.68%

Sole

21.63K

Shared

0.00

None

76.08K

PEPSICO INC

SOLE

COM

Shares143.93K

TypeSH

Market value$25.19M

0.68%

Sole

53.69K

Shared

0.00

None

90.24K

JPMORGAN CHASE & CO

SOLE

COM

Shares116.51K

TypeSH

Market value$23.34M

0.63%

Sole

111.50K

Shared

0.00

None

5.01K

CANADIAN NATL RY CO

SOLE

COM

Shares154.61K

TypeSH

Market value$20.36M

0.55%

Sole

24.48K

Shared

0.00

None

130.13K

ABBOTT LABS

SOLE

COM

Shares175.54K

TypeSH

Market value$19.95M

0.54%

Sole

169.27K

Shared

0.00

None

6.27K

THERMO FISHER SCIENTIFIC INC

SOLE

COM

Shares32.54K

TypeSH

Market value$18.91M

0.51%

Sole

19.11K

Shared

0.00

None

13.44K

ISHARES TR

SOLE

SHRT NAT MUN ETF

Shares167.92K

TypeSH

Market value$17.59M

0.47%

Sole

0.00

Shared

0.00

None

167.92K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares343.31K

TypeSH

Market value$17.22M

0.46%

Sole

97.72K

Shared

0.00

None

245.59K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	2.67M	SH	$1.40B 37.72%	2.58M	85.27K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	1.18M	SH	$199.90M 5.38%	1.15M	26.14K
ISHARES TRSOLE	NATIONAL MUN ETF	1.43M	SH	$153.80M 4.14%	1.43M	0.00
MICROSOFT CORPSOLE	COM	310.20K	SH	$130.51M 3.51%	216.15K	94.05K
SPDR SER TRSOLE	SPDR S&P 500 ETF	2.75M	SH	$117.69M 3.17%	2.75M	650.00
APPLE INCSOLE	COM	588.22K	SH	$100.87M 2.72%	433.01K	155.21K
NVIDIA CORPORATIONSOLE	COM	89.39K	SH	$80.77M 2.17%	33.72K	55.67K
AMAZON COM INCSOLE	COM	388.33K	SH	$70.05M 1.89%	223.13K	165.20K
PROCTER AND GAMBLE COSOLE	COM	322.65K	SH	$52.35M 1.41%	115.02K	207.63K
SPDR S&P 500 ETF TRSOLE	TR UNIT	96.37K	SH	$50.41M 1.36%	77.45K	18.92K
ALPHABET INCSOLE	CAP STK CL A	321.08K	SH	$48.46M 1.30%	158.26K	162.82K
HOME DEPOT INCSOLE	COM	124.07K	SH	$47.59M 1.28%	72.79K	51.28K
ISHARES TRSOLE	CORE S&P SCP ETF	342.47K	SH	$37.85M 1.02%	337.31K	5.17K
ALPHABET INCSOLE	CAP STK CL C	203.53K	SH	$30.99M 0.83%	162.43K	41.10K
JOHNSON & JOHNSONSOLE	COM	186.61K	SH	$29.52M 0.79%	90.33K	96.28K
VISA INCSOLE	COM CL A	103.67K	SH	$28.93M 0.78%	28.56K	75.11K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	67.91K	SH	$28.56M 0.77%	64.02K	3.89K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	97.71K	SH	$25.40M 0.68%	21.63K	76.08K
PEPSICO INCSOLE	COM	143.93K	SH	$25.19M 0.68%	53.69K	90.24K
JPMORGAN CHASE & COSOLE	COM	116.51K	SH	$23.34M 0.63%	111.50K	5.01K
CANADIAN NATL RY COSOLE	COM	154.61K	SH	$20.36M 0.55%	24.48K	130.13K
ABBOTT LABSSOLE	COM	175.54K	SH	$19.95M 0.54%	169.27K	6.27K
THERMO FISHER SCIENTIFIC INCSOLE	COM	32.54K	SH	$18.91M 0.51%	19.11K	13.44K
ISHARES TRSOLE	SHRT NAT MUN ETF	167.92K	SH	$17.59M 0.47%	0.00	167.92K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	343.31K	SH	$17.22M 0.46%	97.72K	245.59K

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