CHOATE INVESTMENT ADVISORS

PrivateCIK: 1399794

Location

BOSTON, MA

472

Positions

$5.69B

Total AUM (reported)

34.59M

Total Shares

Allocation by class

CORE S&P500 ETF$1.92B33.8%

COM$1.57B27.7%

ALLWRLD EX US$271.59M4.8%

CORE MSCI EMKT$250.99M4.4%

INTRM GOV CR ETF$239.77M4.2%

OAKMARK U S LRG$163.93M2.9%

ST STR SP500FF$139.21M2.4%

Portfolio Concentration

Top 3$2.45B43.0%

4–10$1.07B18.9%

11–25$845.26M14.9%

Rest$1.33B23.3%

Top 3 weight

43.0%

Top 10 weight

61.9%

Voting Authority Distribution

Total shares with voting rights: 34.59M

Sole

Full voting authority

30.64M

% of voting shares88.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.95M

% of voting shares11.4%

Investment Discretion (by position count)

Sole472

Shared0

Other0

Dominant voting typeSole · 88.6% of voting shares

Institutional Holdings472

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.57M

TypeSH

Market value$1.92B

33.79%

Sole

2.51M

Shared

0.00

None

54.18K

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares3.24M

TypeSH

Market value$271.59M

4.77%

Sole

3.06M

Shared

0.00

None

185.31K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares3.03M

TypeSH

Market value$250.99M

4.41%

Sole

Shared

0.00

None

27.67K

ISHARES TR

SOLE

INTRM GOV CR ETF

Shares2.26M

TypeSH

Market value$239.77M

4.21%

Sole

2.19M

Shared

0.00

None

71.68K

APPLE INC

SOLE

COM

Shares605.84K

TypeSH

Market value$175.30M

3.08%

Sole

496.98K

Shared

0.00

None

108.86K

HARRIS OAKMARK ETF TRUST

SOLE

OAKMARK U S LRG

Shares5.82M

TypeSH

Market value$163.93M

2.88%

Sole

5.76M

Shared

0.00

None

56.32K

SPDR SERIES TRUST

SOLE

ST STR SP500FF

Shares2.28M

TypeSH

Market value$139.21M

2.45%

Sole

2.28M

Shared

0.00

None

368.00

NVIDIA CORPORATION

SOLE

COM

Shares631.15K

TypeSH

Market value$126.29M

2.22%

Sole

405.86K

Shared

0.00

None

225.29K

MICROSOFT CORP

SOLE

COM

Shares319.52K

TypeSH

Market value$119.19M

2.09%

Sole

247.35K

Shared

0.00

None

72.16K

AMAZON COM INC

SOLE

COM

Shares464.51K

TypeSH

Market value$110.71M

1.95%

Sole

324.54K

Shared

0.00

None

139.98K

ALPHABET INC

SOLE

CAP STK CL A

Shares290.66K

TypeSH

Market value$103.87M

1.83%

Sole

188.56K

Shared

0.00

None

102.10K

ALPHABET INC

SOLE

CAP STK CL C

Shares213.61K

TypeSH

Market value$75.48M

1.33%

Sole

187.32K

Shared

0.00

None

26.30K

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares94.14K

TypeSH

Market value$70.30M

1.24%

Sole

78.90K

Shared

0.00

None

15.24K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares187.38K

TypeSH

Market value$69.34M

1.22%

Sole

112.03K

Shared

0.00

None

75.34K

TAIWAN SEMICONDUCTOR MANUFAC

SOLE

ELI LILLY & CO

SOLE

COM

Shares50.79K

TypeSH

Market value$60.92M

1.07%

Sole

37.88K

Shared

0.00

None

12.91K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares547.38K

TypeSH

Market value$58.91M

1.04%

Sole

541.13K

Shared

0.00

None

6.26K

JPMORGAN CHASE & CO

SOLE

COM

Shares159.92K

TypeSH

Market value$52.35M

0.92%

Sole

140.79K

Shared

0.00

None

19.14K

JOHNSON & JOHNSON

SOLE

COM

Shares184.82K

TypeSH

Market value$46.94M

0.82%

Sole

128.10K

Shared

0.00

None

56.72K

WALMART INC

SOLE

COM

Shares409.35K

TypeSH

Market value$46.36M

0.81%

Sole

275.41K

Shared

0.00

None

133.94K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares647.44K

TypeSH

Market value$46.13M

0.81%

Sole

342.36K

Shared

0.00

None

305.07K

HOME DEPOT INC

SOLE

COM

Shares124.68K

TypeSH

Market value$43.97M

0.77%

Sole

89.10K

Shared

0.00

None

35.58K

TJX COS INC NEW

SOLE

COM

Shares244.32K

TypeSH

Market value$37.01M

0.65%

Sole

165.69K

Shared

0.00

None

78.63K

VISA INC

SOLE

COM CL A

Shares102.21K

TypeSH

Market value$35.07M

0.62%

Sole

42.45K

Shared

0.00

None

59.76K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares67.93K

TypeSH

Market value$33.99M

0.60%

Sole

64.24K

Shared

0.00

None

3.69K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	2.57M	SH	$1.92B 33.79%	2.51M	54.18K
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	3.24M	SH	$271.59M 4.77%	3.06M	185.31K
ISHARES INCSOLE	CORE MSCI EMKT	3.03M	SH	$250.99M 4.41%	3M	27.67K
ISHARES TRSOLE	INTRM GOV CR ETF	2.26M	SH	$239.77M 4.21%	2.19M	71.68K
APPLE INCSOLE	COM	605.84K	SH	$175.30M 3.08%	496.98K	108.86K
HARRIS OAKMARK ETF TRUSTSOLE	OAKMARK U S LRG	5.82M	SH	$163.93M 2.88%	5.76M	56.32K
SPDR SERIES TRUSTSOLE	ST STR SP500FF	2.28M	SH	$139.21M 2.45%	2.28M	368.00
NVIDIA CORPORATIONSOLE	COM	631.15K	SH	$126.29M 2.22%	405.86K	225.29K
MICROSOFT CORPSOLE	COM	319.52K	SH	$119.19M 2.09%	247.35K	72.16K
AMAZON COM INCSOLE	COM	464.51K	SH	$110.71M 1.95%	324.54K	139.98K
ALPHABET INCSOLE	CAP STK CL A	290.66K	SH	$103.87M 1.83%	188.56K	102.10K
ALPHABET INCSOLE	CAP STK CL C	213.61K	SH	$75.48M 1.33%	187.32K	26.30K
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	94.14K	SH	$70.30M 1.24%	78.90K	15.24K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	187.38K	SH	$69.34M 1.22%	112.03K	75.34K
TAIWAN SEMICONDUCTOR MANUFACSOLE	SPONSORED ADS	135.31K	SH	$64.62M 1.14%	90.08K	45.24K
ELI LILLY & COSOLE	COM	50.79K	SH	$60.92M 1.07%	37.88K	12.91K
ISHARES TRSOLE	NATIONAL MUN ETF	547.38K	SH	$58.91M 1.04%	541.13K	6.26K
JPMORGAN CHASE & COSOLE	COM	159.92K	SH	$52.35M 0.92%	140.79K	19.14K
JOHNSON & JOHNSONSOLE	COM	184.82K	SH	$46.94M 0.82%	128.10K	56.72K
WALMART INCSOLE	COM	409.35K	SH	$46.36M 0.81%	275.41K	133.94K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	647.44K	SH	$46.13M 0.81%	342.36K	305.07K
HOME DEPOT INCSOLE	COM	124.68K	SH	$43.97M 0.77%	89.10K	35.58K
TJX COS INC NEWSOLE	COM	244.32K	SH	$37.01M 0.65%	165.69K	78.63K
VISA INCSOLE	COM CL A	102.21K	SH	$35.07M 0.62%	42.45K	59.76K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	67.93K	SH	$33.99M 0.60%	64.24K	3.69K

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