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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Choate Investment Advisors

Quarter ended Q2 2023 · Filed May 15, 2023 · Accession 0001398344-23-009838

Total Value
$2.07B
Positions
319
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (319)

#IssuerTicker / CUSIPSharesValue% of Filing
1ISHARES TR4642872001,429,885$587.8M28.38%
2INVESCO EXCHANGE TRADED FD TIVZ2,007,743$290.4M14.02%
3ISHARES TR4642878041,387,333$134.2M6.48%
4SPDR SER TR78468R7963,638,553$120.9M5.84%
5ISHARES TR4642884141,098,124$118.3M5.71%
6ISHARES INC46434G1032,155,502$105.2M5.08%
7APPLE INCAAPL339,750$56.0M2.70%
8MICROSOFT CORPMSFT150,686$43.4M2.10%
9CHASE CORPWHLT312,367$32.7M1.58%
10SPDR S&P 500 ETF TRSPY77,401$31.7M1.53%
11SPDR SER TR78468R523244,591$24.4M1.18%
12BERKSHIRE HATHAWAY INC DELBRK-A58,169$18.0M0.87%
13HOME DEPOT INCHD48,310$14.3M0.69%
14PROCTER AND GAMBLE CO74271810992,116$13.7M0.66%
15JPMORGAN CHASE & COVYLD97,522$12.7M0.61%
16AMAZON COM INCAMZN115,030$11.9M0.57%
17ABBOTT LABSABLZF113,720$11.5M0.56%
18ALPHABET INCGOOG109,302$11.3M0.55%
19ALPHABET INCGOOG102,430$10.7M0.51%
20JOHNSON & JOHNSONJNJ68,214$10.6M0.51%
21BARNES GROUP INC067806109257,187$10.4M0.50%
22ABBVIE INCABBV62,769$10.0M0.48%
23EXXON MOBIL CORPXOM87,017$9.5M0.46%
24VANGUARD SCOTTSDALE FDS92206C102157,304$9.2M0.44%
25BERKSHIRE HATHAWAY INC DELBRK-A17$7.9M0.38%
26TJX COS INC NEW87254010996,931$7.6M0.37%
27ISHARES TR46428761430,452$7.4M0.36%
28AUTOMATIC DATA PROCESSING INADP32,951$7.3M0.35%
29GENERAL MLS INC37033410483,565$7.1M0.34%
30PEPSICO INCPEP34,361$6.3M0.30%
31MERCK & CO INCMRK56,669$6.0M0.29%
32SPDR GOLD TRGLD32,153$5.9M0.28%
33PFIZER INCPFE140,234$5.7M0.28%
34APPLIED MATLS INC03822210546,204$5.7M0.27%
35LILLY ELI & COLLY16,350$5.6M0.27%
36NVIDIA CORPORATIONNVDA19,760$5.5M0.27%
37VANGUARD SPECIALIZED FUNDS92190884434,716$5.3M0.26%
38AMERICAN EXPRESS COAXP32,144$5.3M0.26%
39THERMO FISHER SCIENTIFIC INCTMO8,959$5.2M0.25%
40CISCO SYS INCCSCO91,959$4.8M0.23%
41MASTERCARD INCORPORATEDMA13,020$4.7M0.23%
42WALMART INCWMT30,303$4.5M0.22%
43AMERIPRISE FINL INC03076C10614,348$4.4M0.21%
44TEXAS INSTRS INC88250810423,548$4.4M0.21%
45MCDONALDS CORPMCD15,518$4.3M0.21%
46VANGUARD INDEX FDS92290876921,205$4.3M0.21%
47DANAHER CORPORATION23585110216,937$4.3M0.21%
48NIKE INCNKE34,552$4.2M0.20%
49COCA COLA COKO67,669$4.2M0.20%
50UNITEDHEALTH GROUP INCUNH8,830$4.2M0.20%
51SELECT SECTOR SPDR TR81369Y20931,428$4.1M0.20%
52VANGUARD TAX-MANAGED FDS92194385885,041$3.8M0.19%
53SELECT SECTOR SPDR TR81369Y70437,269$3.8M0.18%
54CHEVRON CORP NEWCVX21,904$3.6M0.17%
55PROGRESS SOFTWARE CORP74331210061,948$3.6M0.17%
56INTEL CORPINTC108,893$3.6M0.17%
57DEERE & CODE8,606$3.6M0.17%
58DISNEY WALT CO25468710634,802$3.5M0.17%
59STRYKER CORPORATIONSYK12,165$3.5M0.17%
60AMGEN INCAMGN14,064$3.4M0.16%
61HONEYWELL INTL INC43851610616,686$3.2M0.15%
62UNION PAC CORPUNP15,396$3.1M0.15%
63COGNIZANT TECHNOLOGY SOLUTIOCTSH49,031$3.0M0.14%
64ISHARES TR46428746541,564$3.0M0.14%
65CLEVELAND-CLIFFS INC NEWCLF161,000$3.0M0.14%
66VISA INCV12,594$2.8M0.14%
67INVESCO QQQ TRIVZ8,698$2.8M0.13%
68CVS HEALTH CORPCVS37,470$2.8M0.13%
69ISHARES TR46436E71826,912$2.7M0.13%
70ISHARES TR46428762211,719$2.6M0.13%
71RAYTHEON TECHNOLOGIES CORPRTX26,090$2.6M0.12%
72QUALCOMM INCQCOM20,026$2.6M0.12%
73ISHARES TR46436E296105,790$2.5M0.12%
74S&P GLOBAL INCSPGI7,277$2.5M0.12%
75ANALOG DEVICES INCADI12,675$2.5M0.12%
76AFLAC INCAFL37,949$2.4M0.12%
77FISERV INCFISV21,235$2.4M0.12%
783M COMMM22,583$2.4M0.11%
79ALLSTATE CORPALL-PJ21,099$2.3M0.11%
80TAIWAN SEMICONDUCTOR MFG LTD87403910025,085$2.3M0.11%
81ADOBE SYSTEMS INCORPORATEDADBE5,938$2.3M0.11%
82TARGET CORPTGT13,679$2.3M0.11%
83BRISTOL-MYERS SQUIBB COCELG-RI32,638$2.3M0.11%
84ISHARES TR46428730932,651$2.1M0.10%
85SCHWAB STRATEGIC TR80852479728,018$2.0M0.10%
86TESLA INCTSLA9,843$2.0M0.10%
87EMERSON ELEC COEMR22,948$2.0M0.10%
88CANADIAN PAC RY LTD13645T10025,831$2.0M0.10%
89SCHWAB CHARLES CORPSCHW-PJ37,641$2.0M0.10%
90ACCENTURE PLC IRELANDACN6,824$2.0M0.09%
91COSTCO WHSL CORP NEW22160K1053,814$1.9M0.09%
92ILLINOIS TOOL WKS INC4523081097,761$1.9M0.09%
93SCHLUMBERGER LTDSLB37,660$1.8M0.09%
94MICRON TECHNOLOGY INCMU30,519$1.8M0.09%
95VANGUARD INDEX FDS9229083634,850$1.8M0.09%
96SKYWORKS SOLUTIONS INCSWKS14,518$1.7M0.08%
97METTLER TOLEDO INTERNATIONALMTD1,110$1.7M0.08%
98LOCKHEED MARTIN CORPLMT3,591$1.7M0.08%
99LOWES COS INC5486611078,182$1.6M0.08%
100CHARLES RIV LABS INTL INC1598641077,820$1.6M0.08%
101NEXTERA ENERGY INCNEE-PW20,047$1.5M0.07%
102ORACLE CORPORCL-PD16,079$1.5M0.07%
103ISHARES TR4642876558,250$1.5M0.07%
104KROGER COKR28,871$1.4M0.07%
105ENTERPRISE PRODS PARTNERS L29379210754,431$1.4M0.07%
106MARATHON PETE CORPMARA10,455$1.4M0.07%
107SELECT SECTOR SPDR TR81369Y4079,158$1.4M0.07%
108MATTHEWS ASIA FDS57712583456,475$1.4M0.07%
109WELLS FARGO CO NEW94974610136,197$1.4M0.07%
110GENERAL DYNAMICS CORPGD5,853$1.3M0.06%
111VANGUARD INTL EQUITY INDEX F92204274214,213$1.3M0.06%
112CANADIAN NATL RY CO13637510210,960$1.3M0.06%
113BANK AMERICA CORP06050510444,863$1.3M0.06%
114BOEING COBA-PA5,986$1.3M0.06%
115HOLOGIC INCHOLX15,519$1.3M0.06%
116KIMBERLY-CLARK CORPKMB8,970$1.2M0.06%
117VANGUARD INDEX FDS9229087364,822$1.2M0.06%
118ISHARES TR46428744011,643$1.2M0.06%
119YUM BRANDS INCYUM8,331$1.1M0.05%
120NORTHROP GRUMMAN CORPNOC2,366$1.1M0.05%
121NOVARTIS AGNVSEF11,873$1.1M0.05%
122CONSTELLATION BRANDS INCSTZ4,534$1.0M0.05%
123DOVER CORPDOV6,690$1.0M0.05%
124CATERPILLAR INCCAT4,422$1.0M0.05%
125AMERICAN TOWER CORP NEW03027X1004,949$1.0M0.05%
126WORLD GOLD TRGLDW25,760$1.0M0.05%
127GLOBAL X FDS37954Y88919,740$990,9480.05%
128AMERICAN WTR WKS CO INC NEW0304201036,714$983,5340.05%
129CAPITAL ONE FINL CORP14040H10510,163$977,2740.05%
130VERIZON COMMUNICATIONS INCVZ23,684$921,0710.04%
131PAYCHEX INCPAYX8,007$917,5220.04%
132CARRIER GLOBAL CORPORATIONCARR20,001$915,0460.04%
133SPDR S&P MIDCAP 400 ETF TRMDY1,978$906,7340.04%
134ISHARES TR4642875985,877$894,8320.04%
135BHP GROUP LTDBHPLF13,944$884,1890.04%
136PNC FINL SVCS GROUP INC6934751056,852$870,8890.04%
137COMCAST CORP NEWCCZ22,823$865,2200.04%
138ECOLAB INCECL5,113$846,3550.04%
139ISHARES TR46428749911,948$835,4040.04%
140ISHARES TR4642888858,916$835,2510.04%
141TE CONNECTIVITY LTDTEL6,167$808,8020.04%
142GSK PLCGLAXF22,629$805,1390.04%
143ISHARES TR4642877218,475$786,5650.04%
144LIBERTY MEDIA CORP DELFWONB28,020$784,2800.04%
145AMPHENOL CORP NEW0320951019,460$773,0710.04%
146GOLDMAN SACHS GROUP INCGSCE2,314$756,9330.04%
147SELECT SECTOR SPDR TR81369Y8034,831$729,5290.04%
148APTARGROUP INCATR6,162$728,2870.04%
149GILEAD SCIENCES INCGILD8,534$708,0660.03%
150BECTON DICKINSON & COBDX2,857$707,2210.03%
151VANGUARD INDEX FDS9229086373,783$706,7020.03%
152SPDR SER TR78464A8709,069$691,1480.03%
153BLACKROCK INCBLK1,013$677,8190.03%
154AZENTA INCAZTA15,187$677,6440.03%
155UNILEVER PLCUNLYF13,039$677,1150.03%
156VANGUARD WORLD FDS92204A7021,732$667,6340.03%
157GENERAL ELECTRIC CO3696043016,873$657,0590.03%
158WALGREENS BOOTS ALLIANCE INC93142710818,959$655,6020.03%
159ROPER TECHNOLOGIES INCROP1,479$651,7800.03%
160VERTEX PHARMACEUTICALS INCVRTX2,065$650,6200.03%
161BLACKSTONE INCBX7,400$650,0160.03%
162ISHARES TR46434V80322,056$649,9900.03%
163INTERNATIONAL BUSINESS MACHSINTR4,801$629,3630.03%
164ALCON AGALC8,922$629,3580.03%
165ISHARES TR46429B67112,527$624,9720.03%
166YUM CHINA HLDGS INCYUMC9,793$620,7780.03%
167ISHARES TR46432F8429,070$606,3300.03%
168NORFOLK SOUTHN CORP6558441082,860$606,3200.03%
169ILLUMINA INCILMN2,559$595,0950.03%
170META PLATFORMS INCMETA2,779$588,9810.03%
171AIR PRODS & CHEMS INCAIIR2,036$584,7590.03%
172ISHARES TR4642874325,465$581,3120.03%
173MCKESSON CORPMCK1,629$580,0050.03%
174CHIPOTLE MEXICAN GRILL INCCMG332$567,1520.03%
175ISHARES TR4642871684,700$550,7460.03%
176DISCOVER FINL SVCS2547091085,518$545,3990.03%
177EBAY INC.EBAY12,230$542,6450.03%
178COLGATE PALMOLIVE COCL7,152$537,4730.03%
179INTUITINTU1,196$533,2130.03%
180ROCKWELL AUTOMATION INCROK1,787$524,3950.03%
181WASTE MGMT INC DEL94106L1093,152$514,3120.02%
182GLOBE LIFE INCGL-PD4,536$499,0510.02%
183MOODYS CORPMCO1,628$498,2010.02%
184MONDELEZ INTL INC6092071057,056$491,9440.02%
185EDWARDS LIFESCIENCES CORPEW5,812$480,8270.02%
186BP PLCBPPFF12,498$474,1740.02%
187MARRIOTT INTL INC NEW5719032022,843$472,0510.02%
188PARKER-HANNIFIN CORPPH1,399$470,2180.02%
189TRAVELERS COMPANIES INCTRV2,739$469,4920.02%
190L3HARRIS TECHNOLOGIES INCLHX2,336$458,4170.02%
191PROSHARES TR74348A4675,010$457,1120.02%
192ZIMMER BIOMET HOLDINGS INCZBH3,524$455,3010.02%
193VANGUARD INDEX FDS9229087443,286$453,8290.02%
194KRONOS BIO INC50107A104308,697$450,6980.02%
195STATE STR CORPSTT-PG5,923$448,3120.02%
196ALBEMARLE CORPALB-PA2,006$443,4060.02%
197CONOCOPHILLIPSCOP4,387$435,2340.02%
198AT&T INCT-PC22,600$435,0510.02%
199INVESCO EXCH TRADED FD TR IIIVZ10,385$426,7200.02%
200ALLIANCEBERNSTEIN GLOBAL HIGAWF43,746$425,2110.02%
201OTIS WORLDWIDE CORPOTIS5,019$423,6040.02%
202ISHARES TR4642875071,682$420,7690.02%
203DARDEN RESTAURANTS INCDRI2,619$406,3640.02%
204THE CIGNA GROUP1255231001,548$395,5600.02%
205VANGUARD BD INDEX FDS9219378355,285$390,1920.02%
206NOVO-NORDISK A SNONOF2,418$384,8010.02%
207PHILIP MORRIS INTL INC7181721093,878$377,1360.02%
208FIRST TR EXCHANGE-TRADED FD33733E3022,470$365,1900.02%
209SELECT SECTOR SPDR TR81369Y3084,792$358,0100.02%
210BLACKSTONE MTG TR INCBX20,000$357,0000.02%
211ISHARES GOLD TRIAU9,517$355,6500.02%
212QUANTA SVCS INC74762E1022,111$351,7770.02%
213STARBUCKS CORPSBUX3,335$347,2740.02%
214LEMAITRE VASCULAR INCLMAT6,627$341,0920.02%
215CARPENTER TECHNOLOGY CORPCRS7,600$340,1760.02%
216WOODSIDE ENERGY GROUP LTDWOPEF15,128$339,3210.02%
217ISHARES TR46435G3265,494$332,2220.02%
218ISHARES TR464287523745$331,2790.02%
219BROADCOM INCAVGO506$324,6190.02%
220ALTRIA GROUP INCMO7,273$324,5210.02%
221REGENERON PHARMACEUTICALSREGN394$323,7380.02%
222CSX CORPCSX10,673$319,5500.02%
223KEURIG DR PEPPER INCKDP8,950$315,7560.02%
224BIOGEN INCBIIB1,133$315,0080.02%
225PALO ALTO NETWORKS INCPANW1,569$313,3920.02%
226INVESCO EXCH TRADED FD TR IIIVZ4,994$311,6260.02%
227WISDOMTREE TRWT4,710$291,3610.01%
228HUDBAY MINERALS INCHBM55,000$288,7500.01%
229ISHARES TR46429B6973,955$287,6870.01%
230ISHARES TR4642872347,150$282,1390.01%
231INTERCONTINENTAL EXCHANGE IN45866F1042,612$272,4050.01%
232V F CORPVFC11,867$271,8730.01%
233MORGAN STANLEYMS-PQ2,966$260,4150.01%
234TRANE TECHNOLOGIES PLCTT1,396$256,8360.01%
235INVESCO ADVANTAGE MUN INCOMEIVZ28,814$256,7330.01%
236PROGRESSIVE CORP7433151031,787$255,6480.01%
237US BANCORP DELUSB-PS7,083$255,3420.01%
238DORCHESTER MINERALS LPDMLP8,418$254,9810.01%
239FLEXSHARES TRFLEX1,614$253,1400.01%
240HILTON WORLDWIDE HLDGS INCHLT1,770$249,3400.01%
241ISHARES TR46434VAX89,686$243,9900.01%
242SEAGATE TECHNOLOGY HLDNGS PLSE3,684$243,5860.01%
243VANGUARD INDEX FDS9229086291,150$242,5580.01%
244FIRST SOLAR INCFSLR1,112$241,8600.01%
245NUVEEN QUALITY MUNCP INCOMENU20,900$240,9770.01%
246BOOKING HOLDINGS INCBKNG90$238,7170.01%
247DWS MUN INCOME TR23336810926,200$233,1800.01%
248T-MOBILE US INCTMUSZ1,597$231,3090.01%
249GALLAGHER ARTHUR J & CO3635761091,205$230,5290.01%
250HALEON PLCHLNCF28,290$230,2810.01%
251SALESFORCE INCCRM1,134$226,5500.01%
252VANGUARD WORLD FDS92204A108897$226,5370.01%
253NUVEEN CA QUALTY MUN INCOMENU20,500$225,7050.01%
254HERSHEY COHSY876$222,8630.01%
255NUTRIEN LTDNTR3,000$221,5500.01%
256PAR TECHNOLOGY CORPPAR6,200$210,5520.01%
257VULCAN MATLS CO9291601091,210$207,5880.01%
258ISHARES TR4642871761,880$207,2700.01%
259NUVEEN AMT FREE QLTY MUN INCNU18,366$204,2300.01%
260SCHWAB STRATEGIC TR8085241024,210$201,4490.01%
261NUCOR CORPNUE1,297$200,3480.01%
262ISHARES TR4642882571,905$173,6600.01%
263BLACKROCK MUNIHOLDINGS FD INBLK13,726$165,3980.01%
264AMCOR PLCAMCCF14,483$164,8170.01%
265ISHARES TR4642875561,206$155,7670.01%
266ISHARES TR4642887601,330$153,0560.01%
267VANGUARD WORLD FDS92204A8761,033$152,3880.01%
268SPDR SER TR78464A7631,085$134,2250.01%
269ISHARES TR4642874571,572$129,1560.01%
270GLOBAL X FDS37954Y8716,135$122,2710.01%
271VANGUARD INDEX FDS922908512833$111,6800.01%
272ISHARES TR46434V464735$108,7360.01%
273INVESCO EXCHANGE TRADED FD TIVZ1,921$102,4850.00%
274VANGUARD SCOTTSDALE FDS92206C7061,705$102,2320.00%
275ISHARES TR46434V8781,850$92,9630.00%
276INVESCO EXCH TRADED FD TR IIIVZ2,625$91,8230.00%
277VANGUARD INDEX FDS9229085531,050$87,1920.00%
278SPDR SER TR78464A631738$86,2800.00%
279ISHARES TR464287705830$85,2990.00%
280VANGUARD SCOTTSDALE FDS92206C649695$83,7480.00%
281VANGUARD INDEX FDS922908538415$80,8790.00%
282VIRTUS TOTAL RETURN FD INC92835W10712,329$79,8300.00%
283ASPEN AEROGELS INCASPN10,000$74,5000.00%
284INVESCO EXCH TRADED FD TR IIIVZ2,048$73,1550.00%
285INVESCO EXCH TRADED FD TR IIIVZ1,465$73,0450.00%
286ISHARES TR4642888101,290$69,6340.00%
287SELECT SECTOR SPDR TR81369Y6051,975$63,4960.00%
288SCHWAB STRATEGIC TR8085248051,790$62,2920.00%
289SIGILON THERAPEUTICS INC82657L10766,666$62,0060.00%
290INVESCO EXCH TRADED FD TR IIIVZ2,225$60,8760.00%
291WISDOMTREE TRWT832$58,8390.00%
292INVESCO EXCH TRADED FD TR IIIVZ1,350$56,9840.00%
293ISHARES TR464287697670$56,0860.00%
294ISHARES TR464287242500$54,8050.00%
295ISHARES TR464287325625$52,1000.00%
296ISHARES TR464287564928$51,5410.00%
297ISHARES TR464287226512$51,0160.00%
298GLOBAL X FDS37954Y855784$49,8230.00%
299INVESCO EXCH TRADED FD TR IIIVZ1,851$44,5720.00%
300SPDR SER TR78464A755790$41,9960.00%
301ISHARES TR464288372857$40,8790.00%
302ISHARES TR464288513500$37,7750.00%
303SCHWAB STRATEGIC TR808524201692$33,4720.00%
304VANGUARD BD INDEX FDS921937827370$28,3010.00%
305SCHWAB STRATEGIC TR808524771489$26,8560.00%
306ISHARES TR464288273428$25,4700.00%
307SPDR SER TR78464A789550$21,6480.00%
308VANGUARD SCOTTSDALE FDS92206C847292$19,1290.00%
309INVESCO EXCHANGE TRADED FD TIVZ3,665$18,2880.00%
310SCHWAB STRATEGIC TR808524722435$17,2040.00%
311ISHARES INC46434G863480$15,1100.00%
312SELECT SECTOR SPDR TR81369Y886200$13,5380.00%
313ISHARES TR46428764855$12,4750.00%
314INVESCO EXCHANGE TRADED FD TIVZ36$11,1790.00%
315INVESCO EXCH TRADED FD TR IIIVZ265$11,1220.00%
316VANGUARD INTL EQUITY INDEX F922042858255$10,3020.00%
317ISHARES INC46434G848192$8,2020.00%
318FIRST TR EXCHANGE-TRADED FD33733E500150$7,8350.00%
319SPDR SER TR78468R630141$5,7560.00%