SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Choate Investment Advisors

CIK 0001399794 · TWO INTERNATIONAL PLACE, BOSTON, MA, 02110 · 617-248-5000

Reported Value
$2.6B
Q3 2023
Positions
431
Filings on Record
30
2019–present window
Filed
Oct 30, 2023
original filing

Summary

Choate Investment Advisors reported $2.6B in U.S.-listed holdings across 431 positions for Q3 2023.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 33.7% of reported value.

Compared with Q2 2023, the fund opened 88 new positions and exited 5.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+68.7%
share of reported value
Largest Position
+33.7%
Ishares Tr
New / Exited
88 / 5
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: $1.6BQ4 ’18Q1 ’19: $1.7BQ2 ’19: $1.7BQ3 ’19: $1.6BQ4 ’19: $1.6BQ4 ’19Q1 ’20: $1.3BQ2 ’20: $1.4BQ3 ’20: $1.5BQ4 ’20: $1.6BQ4 ’20Q1 ’21: $1.6BQ2 ’21: $1.6BQ3 ’21: $1.6BQ4 ’21: $1.7BQ4 ’21Q1 ’22: $1.9BQ2 ’22: $1.6BQ3 ’22: $1.5BQ4 ’22: $1.7BQ4 ’22Q1 ’23: $2.1BQ2 ’23: $2.4BQ3 ’23: $2.6BQ4 ’23: $3.2BQ4 ’23Q1 ’24: $3.7BQ2 ’24: $3.8BQ3 ’24: $3.9BQ4 ’24: $4.2BQ4 ’24Q1 ’25: $4.0BQ2 ’25: $4.6BQ3 ’25: $4.8BQ4 ’25: $5.1BQ4 ’25Q1 ’26: $5.1Bfilingsflow.com

Portfolio Composition

By security type
ETP: 68.6%Common Stock: 30.1%Other: 0.6%ADR: 0.4%REIT: 0.1%Other: 0.2%
  • ETP · 68.6% · $1.7B
  • Common Stock · 30.1% · $769M
  • Other · 0.6% · $16M
  • ADR · 0.4% · $9M
  • REIT · 0.1% · $3M
  • Other · 0.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR SER TRNEW+767.3K767.3K+$70M$70M
CPCANADIAN PACIFIC KANSAS CITYNEW+29.0K29.0K+$2M$2M
SCHWAB STRATEGIC TRNEW+56.0K56.0K+$2M$2M
BAHBOOZ ALLEN HAMILTON HLDG CORNEW+14.1K14.1K+$2M$2M
SPDR SER TRNEW+25.4K25.4K+$2M$2M
CHTRCHARTER COMMUNICATIONS INC NNEW+2.9K2.9K+$1M$1M
FTVFORTIVE CORPNEW+16.0K16.0K+$1M$1M
WABWABTECNEW+10.3K10.3K+$1M$1M

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

Holdings — Q3 2023

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · NATIONAL MUN ETF · CORE US AGGBD ET · RUS 1000 GRW ETF · CORE S&P SCP ETF40.50%$1.0B3.67M
2INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT11.08%$283M1.99M
3SPDR SER TRSPDR S&P 500 ETF · BLOOMBERG 1-3 MO · BLOOMBERG 3-12 M6.92%$176M3.63M
4ISHARES INCCORE MSCI EMKT4.45%$114M2.39M
5AAPLAPPLE INChistory →COM2.81%$72M418.1K
6MSFTMICROSOFT CORPhistory →COM2.46%$63M198.9K
7CCFEURCHASE CORPhistory →COM1.56%$40M312.4K
8GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.51%$39M293.9K
9BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.42%$36M62.5K
10SPDR S&P 500 ETF TRTR UNIT1.36%$35M81.4K
11AMZNAMAZON COM INChistory →COM0.96%$24M191.7K
12HDHOME DEPOT INChistory →COM0.75%$19M63.1K
13JPMJPMORGAN CHASE & COhistory →COM0.67%$17M118.6K
14PGPROCTER AND GAMBLE COhistory →COM0.60%$15M105.7K
15JNJJOHNSON & JOHNSONhistory →COM0.55%$14M90.4K
16NVDANVIDIA CORPORATIONhistory →COM0.51%$13M29.8K
17ABTABBOTT LABShistory →COM0.48%$12M126.0K
18ABBVABBVIE INChistory →COM0.43%$11M73.5K
19UNHUNITEDHEALTH GROUP INChistory →COM0.40%$10M20.5K
20EXMOCEXXON MOBIL CORPhistory →COM0.40%$10M87.7K
21LLYELI LILLY & COCOM0.38%$10M18.2K
22AXPAMERICAN EXPRESS COCOM0.36%$9M60.8K
23VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS0.36%$9M157.3K
24TJXTJX COS INC NEWCOM0.35%$9M100.5K
25ADPAUTOMATIC DATA PROCESSING INCOM0.35%$9M36.9K
26BARNES GROUP INCCOM0.34%$9M254.8K
27PEPPEPSICO INCCOM0.32%$8M47.5K
28MRKMERCK & CO INCCOM0.31%$8M76.4K
29VANGUARD INDEX FDSTOTAL STK MKT0.28%$7M33.4K
30NDQINVESCO QQQ TRUNIT SER 10.28%$7M19.7K
31AMATAPPLIED MATLS INCCOM0.27%$7M49.1K
32GQ9SPDR GOLD TRGOLD SHS0.27%$7M39.5K
33TMOTHERMO FISHER SCIENTIFIC INCCOM0.26%$7M13.3K
34MAMASTERCARD INCORPORATEDCL A0.26%$7M16.6K
35CSCOCISCO SYS INCCOM0.24%$6M115.1K
36MCDMCDONALDS CORPCOM0.24%$6M22.8K
37VANGUARD SPECIALIZED FUNDSDIV APP ETF0.24%$6M38.6K
38GISGENERAL MLS INCCOM0.22%$6M89.6K
39A4SAMERIPRISE FINL INCCOM0.22%$6M17.2K
40TSLATESLA INCCOM0.22%$6M22.4K
41VVISA INCCOM CL A0.22%$6M24.3K
42DHRDANAHER CORPORATIONCOM0.21%$5M22.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.1B438May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.1B444Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.8B424Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.6B477Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.0B395May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.2B402Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.9B383Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.8B377Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.7B405May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.2B379Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.6B431Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.4B348Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.1B319May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.7B327Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.5B296Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.6B314Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.9B359Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.7B343Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.6B306Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.6B342Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.6B304May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B287Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B281Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.4B241Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.3B232May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.6B227Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.6B229Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.7B228Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.7B234Apr 29, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.6B224Feb 14, 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 ↗.