CHOATE INVESTMENT ADVISORS

Filed: 8/12/2025ACC: 0001398344-25-015075

📋 What this filing means

CHOATE INVESTMENT ADVISORS filed this quarterly 13F‑HR report disclosing 477 equity positions with a total reported market value of $4.61B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

477

Positions

$4.61B

Total AUM (reported)

30.98M

Total Shares

Allocation by class

CORE S&P500 ETF$1.65B35.8%

COM$1.42B30.8%

OAKMARK U S LRG$238.63M5.2%

0-3 MNTH TREASRY$175.15M3.8%

NATIONAL MUN ETF$136.35M3.0%

SPDR S&P 500 ETF$128.19M2.8%

MID CAP ETF$109.84M2.4%

Portfolio Concentration

Top 3$2.07B44.8%

4–10$864.84M18.8%

11–25$608.27M13.2%

Rest$1.07B23.3%

Top 3 weight

44.8%

Top 10 weight

63.5%

Voting Authority Distribution

Total shares with voting rights: 30.98M

Sole

Full voting authority

26.90M

% of voting shares86.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.07M

% of voting shares13.1%

Investment Discretion (by position count)

Sole477

Shared0

Other0

Dominant voting typeSole · 86.9% of voting shares

Institutional Holdings477

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.66M

TypeSH

Market value$1.65B

35.81%

Sole

2.56M

Shared

0.00

None

104.14K

HARRIS OAKMARK ETF TRUST

SOLE

OAKMARK U S LRG

Shares9.29M

TypeSH

Market value$238.63M

5.17%

Sole

9.24M

Shared

0.00

None

56.71K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares1.74M

TypeSH

Market value$175.15M

3.80%

Sole

1.74M

Shared

0.00

None

4.33K

MICROSOFT CORP

SOLE

COM

Shares319.50K

TypeSH

Market value$158.92M

3.45%

Sole

246.96K

Shared

0.00

None

72.54K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares1.30M

TypeSH

Market value$136.35M

2.96%

Sole

1.30M

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares627.65K

TypeSH

Market value$128.78M

2.79%

Sole

508K

Shared

0.00

None

119.66K

SPDR SERIES TRUST

SOLE

SPDR S&P 500 ETF

Shares2.52M

TypeSH

Market value$128.19M

2.78%

Sole

2.52M

Shared

0.00

None

430.00

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares392.53K

TypeSH

Market value$109.84M

2.38%

Sole

384.78K

Shared

0.00

None

7.75K

AMAZON COM INC

SOLE

COM

Shares464.22K

TypeSH

Market value$101.85M

2.21%

Sole

319.33K

Shared

0.00

None

144.89K

NVIDIA CORPORATION

SOLE

COM

Shares638.73K

TypeSH

Market value$100.91M

2.19%

Sole

356.31K

Shared

0.00

None

282.42K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares100.81K

TypeSH

Market value$57.26M

1.24%

Sole

33.43K

Shared

0.00

None

67.39K

ALPHABET INC

SOLE

CAP STK CL A

Shares318.76K

TypeSH

Market value$56.17M

1.22%

Sole

189.49K

Shared

0.00

None

129.27K

HOME DEPOT INC

SOLE

COM

Shares150.98K

TypeSH

Market value$55.36M

1.20%

Sole

102.89K

Shared

0.00

None

48.09K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares88.55K

TypeSH

Market value$54.71M

1.19%

Sole

73.08K

Shared

0.00

None

15.47K

ALPHABET INC

SOLE

CAP STK CL C

Shares234.47K

TypeSH

Market value$41.59M

0.90%

Sole

202.99K

Shared

0.00

None

31.48K

PROCTER AND GAMBLE CO

SOLE

COM

Shares244.81K

TypeSH

Market value$39.00M

0.85%

Sole

155.86K

Shared

0.00

None

88.95K

VISA INC

SOLE

COM CL A

Shares104K

TypeSH

Market value$36.93M

0.80%

Sole

38.58K

Shared

0.00

None

65.42K

JPMORGAN CHASE & CO.

SOLE

COM

Shares127.33K

TypeSH

Market value$36.92M

0.80%

Sole

124.45K

Shared

0.00

None

2.88K

FISERV INC

SOLE

COM

Shares210.79K

TypeSH

Market value$36.34M

0.79%

Sole

125.34K

Shared

0.00

None

85.45K

ABBOTT LABS

SOLE

COM

Shares263.13K

TypeSH

Market value$35.79M

0.78%

Sole

224.12K

Shared

0.00

None

39.01K

WALMART INC

SOLE

COM

Shares358.01K

TypeSH

Market value$35.01M

0.76%

Sole

258.47K

Shared

0.00

None

99.54K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares66.84K

TypeSH

Market value$32.47M

0.70%

Sole

63.14K

Shared

0.00

None

3.71K

TJX COS INC NEW

SOLE

COM

Shares249.34K

TypeSH

Market value$30.79M

0.67%

Sole

180.34K

Shared

0.00

None

69K

ELI LILLY & CO

SOLE

COM

Shares38.46K

TypeSH

Market value$29.98M

0.65%

Sole

32.49K

Shared

0.00

None

5.97K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares98.56K

TypeSH

Market value$29.96M

0.65%

Sole

22.48K

Shared

0.00

None

76.08K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	2.66M	SH	$1.65B 35.81%	2.56M	104.14K
HARRIS OAKMARK ETF TRUSTSOLE	OAKMARK U S LRG	9.29M	SH	$238.63M 5.17%	9.24M	56.71K
ISHARES TRSOLE	0-3 MNTH TREASRY	1.74M	SH	$175.15M 3.80%	1.74M	4.33K
MICROSOFT CORPSOLE	COM	319.50K	SH	$158.92M 3.45%	246.96K	72.54K
ISHARES TRSOLE	NATIONAL MUN ETF	1.30M	SH	$136.35M 2.96%	1.30M	0.00
APPLE INCSOLE	COM	627.65K	SH	$128.78M 2.79%	508K	119.66K
SPDR SERIES TRUSTSOLE	SPDR S&P 500 ETF	2.52M	SH	$128.19M 2.78%	2.52M	430.00
VANGUARD INDEX FDSSOLE	MID CAP ETF	392.53K	SH	$109.84M 2.38%	384.78K	7.75K
AMAZON COM INCSOLE	COM	464.22K	SH	$101.85M 2.21%	319.33K	144.89K
NVIDIA CORPORATIONSOLE	COM	638.73K	SH	$100.91M 2.19%	356.31K	282.42K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	100.81K	SH	$57.26M 1.24%	33.43K	67.39K
ALPHABET INCSOLE	CAP STK CL A	318.76K	SH	$56.17M 1.22%	189.49K	129.27K
HOME DEPOT INCSOLE	COM	150.98K	SH	$55.36M 1.20%	102.89K	48.09K
SPDR S&P 500 ETF TRSOLE	TR UNIT	88.55K	SH	$54.71M 1.19%	73.08K	15.47K
ALPHABET INCSOLE	CAP STK CL C	234.47K	SH	$41.59M 0.90%	202.99K	31.48K
PROCTER AND GAMBLE COSOLE	COM	244.81K	SH	$39.00M 0.85%	155.86K	88.95K
VISA INCSOLE	COM CL A	104K	SH	$36.93M 0.80%	38.58K	65.42K
JPMORGAN CHASE & CO.SOLE	COM	127.33K	SH	$36.92M 0.80%	124.45K	2.88K
FISERV INCSOLE	COM	210.79K	SH	$36.34M 0.79%	125.34K	85.45K
ABBOTT LABSSOLE	COM	263.13K	SH	$35.79M 0.78%	224.12K	39.01K
WALMART INCSOLE	COM	358.01K	SH	$35.01M 0.76%	258.47K	99.54K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	66.84K	SH	$32.47M 0.70%	63.14K	3.71K
TJX COS INC NEWSOLE	COM	249.34K	SH	$30.79M 0.67%	180.34K	69K
ELI LILLY & COSOLE	COM	38.46K	SH	$29.98M 0.65%	32.49K	5.97K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	98.56K	SH	$29.96M 0.65%	22.48K	76.08K

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