SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Chesley Taft & Associates LLC

CIK 0001164632 · 135 S. LASALLE STREET, SUITE 2900, CHICAGO, IL, 60603 · 3128731260

Reported Value
$1.7B
Q1 2022
Positions
294
Filings on Record
31
2019–present window
Filed
Apr 14, 2022
original filing

Summary

Chesley Taft & Associates LLC reported $1.7B in U.S.-listed holdings across 294 positions for Q1 2022.

Its largest position, MSFT, represents 4.6% of the portfolio.

Compared with Q4 2021, the fund opened 14 new positions and exited 20.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+29.4%
share of reported value
Largest Position
+4.6%
Microsoft
New / Exited
14 / 20
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.0BQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.3BQ3 ’19: $1.3BQ4 ’19: $1.4BQ4 ’19Q1 ’20: $1.1BQ2 ’20: $1.3BQ3 ’20: $1.4BQ4 ’20: $1.6BQ4 ’20Q1 ’21: $1.7BQ2 ’21: $1.7BQ3 ’21: $1.8BQ4 ’21: $1.9BQ4 ’21Q1 ’22: $1.7BQ2 ’22: $1.5BQ3 ’22: $1.4BQ4 ’22: $1.5BQ4 ’22Q1 ’23: $1.5BQ2 ’23: $1.6BQ3 ’23: $1.5BQ4 ’23: $1.8BQ4 ’23Q1 ’24: $2.0BQ2 ’24: $2.0BQ3 ’24: $2.1BQ4 ’24: $2.2BQ4 ’24Q1 ’25: $2.1BQ2 ’25: $2.2BQ3 ’25: $2.4BQ4 ’25: $2.5BQ4 ’25Q1 ’26: $2.4BQ2 ’26: $2.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 74.8%ETP: 18.8%Other: 4.0%ADR: 1.4%REIT: 0.8%Other: 0.2%
  • Common Stock · 74.8% · $1.3B
  • ETP · 18.8% · $322M
  • Other · 4.0% · $68M
  • ADR · 1.4% · $23M
  • REIT · 0.8% · $14M
  • Other · 0.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DVNDevon Energy CorporationNEW+63.7K63.7K+$4M$4M
iShares S&P Global Clean EnergNEW+98.9K98.9K+$2M$2M
SPDR Blackstone/GSO Senior LoaNEW+26.1K26.1K+$1M$1M
SHELShell Plc F Unsponsored Adr 1NEW+14.4K14.4K+$808,000$808,000
HESHess CorporationNEW+6.6K6.6K+$740,000$740,000
EMNEastman Chemical CompanyNEW+5.5K5.5K+$589,000$589,000
NOWServiceNow Inc.NEW+833833+$425,000$425,000
MIDDMiddleby CorporationNEW+2.8K2.8K+$407,000$407,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGAlphabet Inc Cl CCOM4.65%$80M31.0K
2MSFTMicrosoft Corphistory →COM4.57%$78M277.3K
3AAPLApple Inc.history →COM3.67%$63M374.8K
4AMZNAmazon.com, Inchistory →COM3.19%$55M18.1K
5COSTCostco Wholesale Corp.history →COM2.96%$51M87.0K
6PEPPepsiCo Inchistory →COM2.57%$44M253.3K
7JNJJohnson & Johnsonhistory →COM2.40%$41M227.7K
8SYKStryker Corphistory →COM2.35%$40M153.0K
9DISWalt Disney Co.history →COM2.09%$36M273.1K
10ABTAbbott Laboratorieshistory →COM1.93%$33M279.2K
11Accenture PLCCOM1.88%$32M98.6K
12iShares Core S&P SmallCapETF1.77%$30M290.2K
13JPMJPMorgan Chase & Cohistory →COM1.61%$28M209.3K
14SPDR S&P 500 ETF TrustETF1.59%$27M62.0K
15DHRDanaher Corphistory →COM1.58%$27M96.2K
16HONGBPHoneywell Internationalhistory →COM1.54%$26M137.7K
17iShares Core S&P MidCapETF1.52%$26M100.5K
18TMOThermo Fisher Scientific, Inc.history →COM1.43%$24M42.8K
19GQ9SPDR Gold Trusthistory →ETF1.41%$24M131.5K
20ADBEAdobe Inc.history →COM1.40%$24M56.0K
21VVisa Inc.history →COM1.25%$21M100.7K
22AVGOBroadcom Inchistory →COM1.22%$21M35.6K
23HDHome Depot Inc.history →COM1.18%$20M66.1K
24Vanguard FTSE All-World Ex-USETF1.17%$20M354.9K
25ITWIllinois Tool Works Inc.history →COM1.12%$19M96.3K
26Nestle SA ADRCOM1.11%$19M145.3K
27UNHUnitedHealth Group, Inc.history →COM1.06%$18M34.0K
28AXPAmerican Expresshistory →COM0.97%$17M95.0K
29SWKStanley Black & Decker Inc.history →COM0.95%$16M116.4K
30KOCoca-Cola Cohistory →COM0.93%$16M246.1K
31Willis Towers Watson PLCCOM0.88%$15M64.8K
32UNPUnion Pacific Corphistory →COM0.84%$14M58.8K
33iShares National Muni Bond FunETF0.80%$14M126.6K
34iShares Tr MSCI EAFE IndexETF0.79%$14M188.8K
35TFCTruist Financial Corphistory →COM0.79%$14M256.4K
36ORCLOracle Corphistory →COM0.79%$13M169.7K
37WMWaste Management, Inchistory →COM0.71%$12M75.0K
38iShares Core MSCI Total InternETF0.71%$12M186.4K
39INTCIntel Corporationhistory →COM0.70%$12M257.3K
40XLFSPDR Financial Select Sectorhistory →COM0.69%$12M316.5K
41EXMOCExxon Mobil Corphistory →COM0.68%$12M136.6K
42CDWCDW Corphistory →COM0.68%$12M67.4K
43iShares S&P 500 Index FundETF0.67%$11M26.1K
44iShares Core Total US Bond MarETF0.66%$11M108.2K
45MAMasterCard, Inc.history →COM0.66%$11M32.7K
46ICEIntercontinentalExchange Grouphistory →COM0.62%$11M84.8K
47NEENextEra Energy Inchistory →COM0.61%$10M124.8K
48CHDChurch & Dwight Co Inchistory →COM0.59%$10M96.4K
49NTRSNorthern Trust CorpCOM0.58%$10M87.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$2.6B637Jul 8, 202613F-HRchanges · EDGAR ↗
Q1 2026$2.4B621Apr 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.5B624Jan 14, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.4B348Oct 8, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.2B334Jul 9, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.1B330Apr 10, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.2B326Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.1B323Oct 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.0B309Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.0B311Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.8B301Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.5B289Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.6B291Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.5B286Apr 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.5B284Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.4B279Oct 13, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.5B286Jul 7, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.7B294Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.9B300Jan 5, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.8B298Oct 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.7B294Jul 7, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.7B288Apr 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B286Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.4B264Oct 8, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B257Jul 8, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.1B247Apr 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.4B263Jan 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.3B266Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.3B253Jul 10, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B256Apr 5, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.0B254Jan 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.