13F HOLDINGS REPORT

Adviser Investments LLC

Quarter ended Q1 2023 · Filed January 19, 2023 · Accession 0001582968-23-000002

Total Value

$4.02B

Positions

258

Other Managers

Confidential Omitted

Yes

View on SEC.gov

Holdings (258)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908736	2,818,776	$626.8M	15.59%
2	VANGUARD INDEX FDS	922908744	4,186,160	$602.6M	14.98%
3	VANGUARD TAX-MANAGED FDS	921943858	9,470,214	$418.1M	10.40%
4	VANGUARD SCOTTSDALE FDS	92206C706	6,085,522	$362.8M	9.02%
5	VANGUARD MUN BD FDS	922907746	6,744,196	$339.4M	8.44%
6	VANGUARD SCOTTSDALE FDS	92206C573	3,727,633	$285.3M	7.09%
7	VANGUARD SCOTTSDALE FDS	92206C771	3,415,257	$159.7M	3.97%
8	VANGUARD INTL EQUITY INDEX F	922042858	2,049,565	$85.4M	2.12%
9	VANGUARD WELLINGTON FD	921935805	691,736	$71.6M	1.78%
10	ISHARES TR	464288414	556,929	$59.8M	1.49%
11	VANGUARD INDEX FDS	922908595	255,406	$54.1M	1.35%
12	VANGUARD INDEX FDS	922908611	297,046	$49.4M	1.23%
13	ISHARES TR	464287200	112,284	$44.6M	1.11%
14	APPLE INC	AAPL	284,264	$37.9M	0.94%
15	MICROSOFT CORP	MSFT	132,809	$31.3M	0.78%
16	SPDR S&P 500 ETF TR	SPY	61,753	$24.4M	0.61%
17	FIDELITY COVINGTON TRUST	316092600	354,007	$22.7M	0.56%
18	VANGUARD BD INDEX FDS	921937835	279,908	$20.6M	0.51%
19	ISHARES TR	46436E767	616,173	$19.6M	0.49%
20	ISHARES TR	464287671	228,880	$19.0M	0.47%
21	ISHARES TR	464288356	332,501	$19.0M	0.47%
22	VANGUARD SPECIALIZED FUNDS	921908844	114,763	$17.9M	0.45%
23	JPMORGAN CHASE & CO	VYLD	126,516	$17.7M	0.44%
24	COSTCO WHSL CORP NEW	22160K105	32,605	$15.8M	0.39%
25	ELEVANCE HEALTH INC	ELV	31,363	$15.1M	0.37%
26	ISHARES TR	464288885	169,553	$15.0M	0.37%
27	JOHNSON & JOHNSON	JNJ	85,084	$14.9M	0.37%
28	UNITED PARCEL SERVICE INC	UPS	75,063	$13.7M	0.34%
29	VISA INC	V	60,919	$13.5M	0.34%
30	PEPSICO INC	PEP	71,866	$12.8M	0.32%
31	HOME DEPOT INC	HD	37,090	$12.2M	0.30%
32	UNION PAC CORP	UNP	55,704	$11.9M	0.30%
33	NEXTERA ENERGY INC	NEE-PW	130,829	$11.1M	0.28%
34	ABBVIE INC	ABBV	70,685	$11.1M	0.28%
35	MERCK & CO INC	MRK	98,014	$10.9M	0.27%
36	RAYTHEON TECHNOLOGIES CORP	RTX	107,834	$10.7M	0.27%
37	PROCTER AND GAMBLE CO	742718109	69,172	$10.4M	0.26%
38	INVESCO EXCH TRADED FD TR II	IVZ	563,233	$9.9M	0.25%
39	ISHARES TR	46435U853	271,447	$9.7M	0.24%
40	MCDONALDS CORP	MCD	34,752	$9.3M	0.23%
41	NIKE INC	NKE	72,973	$9.3M	0.23%
42	ISHARES TR	464288323	172,850	$9.2M	0.23%
43	FIDELITY MERRIMACK STR TR	316188309	196,852	$9.1M	0.23%
44	WALMART INC	WMT	60,790	$8.9M	0.22%
45	COMCAST CORP NEW	CCZ	226,370	$8.6M	0.21%
46	TJX COS INC NEW	872540109	102,348	$8.4M	0.21%
47	BERKSHIRE HATHAWAY INC DEL	BRK-A	24,985	$8.0M	0.20%
48	HONEYWELL INTL INC	438516106	37,278	$7.9M	0.20%
49	BLACKROCK INC	BLK	10,408	$7.9M	0.20%
50	LINDE PLC	LIN	23,566	$7.8M	0.19%
51	EATON CORP PLC	ETN	47,275	$7.8M	0.19%
52	STARBUCKS CORP	SBUX	72,447	$7.7M	0.19%
53	ISHARES TR	46432F842	118,697	$7.7M	0.19%
54	ABBOTT LABS	ABLZF	66,421	$7.5M	0.19%
55	BANK AMERICA CORP	060505104	215,481	$7.4M	0.18%
56	ISHARES TR	46436E759	123,084	$7.0M	0.17%
57	ISHARES TR	464287507	26,957	$6.8M	0.17%
58	DIAGEO PLC	DGEAF	37,041	$6.7M	0.17%
59	ACCENTURE PLC IRELAND	ACN	23,822	$6.7M	0.17%
60	VANGUARD INDEX FDS	922908538	35,685	$6.7M	0.17%
61	FIDELITY COVINGTON TRUST	316092808	67,352	$6.6M	0.16%
62	DBX ETF TR	233051432	189,086	$6.6M	0.16%
63	VANECK ETF TRUST	92189F437	236,403	$6.6M	0.16%
64	COLGATE PALMOLIVE CO	CL	83,542	$6.4M	0.16%
65	LOCKHEED MARTIN CORP	LMT	13,192	$6.1M	0.15%
66	AMERICAN WTR WKS CO INC NEW	030420103	36,270	$5.9M	0.15%
67	QUALCOMM INC	QCOM	48,404	$5.7M	0.14%
68	TARGET CORP	TGT	35,019	$5.6M	0.14%
69	UNITEDHEALTH GROUP INC	UNH	11,171	$5.5M	0.14%
70	PALO ALTO NETWORKS INC	PANW	38,786	$5.3M	0.13%
71	ISHARES TR	464288752	80,355	$5.3M	0.13%
72	AIRBNB INC	ABNB	52,491	$5.0M	0.12%
73	VANGUARD WORLD FD	921910691	76,096	$4.8M	0.12%
74	ISHARES INC	464286608	109,474	$4.7M	0.12%
75	META PLATFORMS INC	META	34,116	$4.5M	0.11%
76	KLA CORP	KLAC	10,743	$4.5M	0.11%
77	SPDR SER TR	78468R721	90,021	$4.2M	0.10%
78	VANGUARD ADMIRAL FDS INC	921932794	21,562	$4.2M	0.10%
79	VANGUARD ADMIRAL FDS INC	921932869	23,253	$4.1M	0.10%
80	AMAZON COM INC	AMZN	42,209	$4.0M	0.10%
81	VANGUARD INTL EQUITY INDEX F	922042718	35,603	$3.8M	0.10%
82	ISHARES TR	464288836	19,918	$3.7M	0.09%
83	INTEL CORP	INTC	120,154	$3.6M	0.09%
84	ALPHABET INC	GOOG	37,389	$3.4M	0.09%
85	BERKSHIRE HATHAWAY INC DEL	BRK-A	7	$3.4M	0.08%
86	ISHARES TR	464287499	47,075	$3.3M	0.08%
87	MARRIOTT INTL INC NEW	571903202	19,302	$3.1M	0.08%
88	IMPACT SHS TR I	45259R103	161,392	$2.8M	0.07%
89	WORKDAY INC	WDAY	16,900	$2.8M	0.07%
90	VANGUARD INDEX FDS	922908769	13,732	$2.7M	0.07%
91	CISCO SYS INC	CSCO	54,847	$2.7M	0.07%
92	FIRST TR EXCHANGE-TRADED FD	33733E203	16,652	$2.7M	0.07%
93	VANGUARD WHITEHALL FDS	921946406	23,641	$2.6M	0.07%
94	ISHARES TR	464287556	19,442	$2.6M	0.06%
95	ALPHABET INC	GOOG	27,687	$2.6M	0.06%
96	SPDR SER TR	78468R663	27,058	$2.5M	0.06%
97	ISHARES GOLD TR	IAU	68,701	$2.4M	0.06%
98	ISHARES INC	464286517	66,782	$2.4M	0.06%
99	VANGUARD INTL EQUITY INDEX F	922042676	52,992	$2.3M	0.06%
100	BLACK STONE MINERALS L P	BSMLP	144,058	$2.3M	0.06%
101	VANGUARD WORLD FDS	92204A504	9,120	$2.3M	0.06%
102	THERMO FISHER SCIENTIFIC INC	TMO	3,775	$2.2M	0.05%
103	EXXON MOBIL CORP	XOM	19,638	$2.2M	0.05%
104	ISHARES TR	464287663	28,380	$2.1M	0.05%
105	AMERICAN EXPRESS CO	AXP	11,264	$1.7M	0.04%
106	SERVICENOW INC	NOW	4,352	$1.7M	0.04%
107	VANGUARD INTL EQUITY INDEX F	922042775	32,097	$1.7M	0.04%
108	CHEVRON CORP NEW	CVX	9,639	$1.7M	0.04%
109	OKTA INC	OKTA	25,909	$1.7M	0.04%
110	DANAHER CORPORATION	235851102	5,939	$1.6M	0.04%
111	PURE STORAGE INC	74624M102	60,856	$1.6M	0.04%
112	SCHWAB STRATEGIC TR	808524805	46,286	$1.6M	0.04%
113	ISHARES TR	464287622	7,173	$1.6M	0.04%
114	ISHARES TR	464288273	26,525	$1.6M	0.04%
115	INVESCO QQQ TR	IVZ	5,570	$1.5M	0.04%
116	LOWES COS INC	548661107	7,291	$1.5M	0.04%
117	ANALOG DEVICES INC	ADI	8,703	$1.5M	0.04%
118	ISHARES TR	464287119	27,855	$1.4M	0.03%
119	BRISTOL-MYERS SQUIBB CO	CELG-RI	19,064	$1.4M	0.03%
120	SOUTHERN CO	SOMN	18,806	$1.3M	0.03%
121	HUMANA INC	HUM	2,628	$1.3M	0.03%
122	NOVO-NORDISK A S	NONOF	9,734	$1.3M	0.03%
123	FIDELITY COVINGTON TRUST	316092790	27,682	$1.3M	0.03%
124	CATERPILLAR INC	CAT	4,594	$1.2M	0.03%
125	J P MORGAN EXCHANGE TRADED F	46641Q753	33,285	$1.1M	0.03%
126	VANGUARD INDEX FDS	922908512	7,952	$1.1M	0.03%
127	PFIZER INC	PFE	23,611	$1.1M	0.03%
128	CONSOLIDATED EDISON INC	ED	11,187	$1.1M	0.03%
129	MASTERCARD INCORPORATED	MA	2,916	$1.1M	0.03%
130	AMGEN INC	AMGN	3,709	$1.0M	0.03%
131	INTERCONTINENTAL EXCHANGE IN	45866F104	9,143	$993,753	0.02%
132	VANGUARD BD INDEX FDS	921937819	13,011	$991,938	0.02%
133	COCA COLA CO	KO	15,993	$991,724	0.02%
134	VANGUARD INDEX FDS	922908363	2,664	$968,326	0.02%
135	VANGUARD WORLD FDS	92204A702	2,824	$936,493	0.02%
136	DISNEY WALT CO	254687106	9,595	$924,266	0.02%
137	ASML HOLDING N V	ASMLF	1,433	$923,826	0.02%
138	INTERNATIONAL BUSINESS MACHS	INTR	6,316	$917,519	0.02%
139	APPLIED MATLS INC	038222105	8,272	$910,449	0.02%
140	ISHARES TR	464287614	4,078	$903,155	0.02%
141	ISHARES TR	46435G326	15,180	$891,370	0.02%
142	SABINE RTY TR	785688102	10,209	$890,939	0.02%
143	TEXAS INSTRS INC	882508104	4,919	$879,842	0.02%
144	ROBLOX CORP	RBLX	25,577	$841,483	0.02%
145	VANECK ETF TRUST	92189F676	3,790	$840,091	0.02%
146	SPDR GOLD TR	GLD	4,691	$819,142	0.02%
147	FIDELITY MERRIMACK STR TR	316188101	17,600	$813,571	0.02%
148	ABRDN PRECIOUS METALS BASKET	GLTR	8,775	$791,593	0.02%
149	CROWDSTRIKE HLDGS INC	CRWD	8,120	$787,640	0.02%
150	VANGUARD ADMIRAL FDS INC	921932885	4,479	$768,372	0.02%
151	VANGUARD WORLD FD	921910733	11,036	$754,742	0.02%
152	VANGUARD SCOTTSDALE FDS	92206C870	9,252	$738,319	0.02%
153	SELECT SECTOR SPDR TR	81369Y209	5,281	$714,438	0.02%
154	ISHARES TR	464287465	9,730	$672,757	0.02%
155	ROSS STORES INC	ROST	5,500	$657,470	0.02%
156	DEERE & CO	DE	1,500	$650,154	0.02%
157	AMPHENOL CORP NEW	032095101	7,763	$626,319	0.02%
158	ADOBE SYSTEMS INCORPORATED	ADBE	1,799	$616,931	0.02%
159	VERIZON COMMUNICATIONS INC	VZ	14,776	$608,495	0.02%
160	WISDOMTREE TR	WT	9,218	$583,776	0.01%
161	AUTOMATIC DATA PROCESSING IN	ADP	2,365	$579,570	0.01%
162	VANGUARD INDEX FDS	922908637	3,146	$566,815	0.01%
163	ISHARES TR	464287598	3,594	$565,300	0.01%
164	CIGNA CORP NEW	125523100	1,805	$558,052	0.01%
165	HORMEL FOODS CORP	HRL	11,768	$550,988	0.01%
166	BOEING CO	BA-PA	2,589	$538,678	0.01%
167	LILLY ELI & CO	LLY	1,443	$520,166	0.01%
168	SCHWAB STRATEGIC TR	808524409	7,484	$511,657	0.01%
169	ISHARES TR	464287721	6,596	$510,728	0.01%
170	HARBOR ETF TRUST	41151J703	41,879	$509,197	0.01%
171	SCHWAB STRATEGIC TR	808524300	8,817	$507,006	0.01%
172	ORACLE CORP	ORCL-PD	5,668	$502,166	0.01%
173	STRYKER CORPORATION	SYK	1,925	$498,307	0.01%
174	ENTERPRISE PRODS PARTNERS L	293792107	18,655	$476,437	0.01%
175	VANGUARD INDEX FDS	922908629	2,223	$474,239	0.01%
176	AMERIPRISE FINL INC	03076C106	1,427	$470,896	0.01%
177	SPDR INDEX SHS FDS	78463X889	14,956	$467,237	0.01%
178	QUANTERIX CORP	QTRX	34,000	$466,480	0.01%
179	AMERICAN TOWER CORP NEW	03027X100	2,026	$462,171	0.01%
180	AT&T INC	T-PC	23,644	$458,936	0.01%
181	BLACKSTONE INC	BX	5,512	$457,851	0.01%
182	ISHARES TR	46435G193	19,826	$456,989	0.01%
183	HOST HOTELS & RESORTS INC	HST	26,158	$451,487	0.01%
184	KIMBERLY-CLARK CORP	KMB	3,310	$451,224	0.01%
185	ISHARES TR	464287804	4,478	$445,099	0.01%
186	SPDR SER TR	78464A102	4,181	$437,263	0.01%
187	ISHARES TR	464289867	8,896	$436,965	0.01%
188	VANGUARD SCOTTSDALE FDS	92206C102	7,399	$430,104	0.01%
189	SALESFORCE INC	CRM	2,964	$429,484	0.01%
190	TESLA INC	TSLA	3,474	$428,095	0.01%
191	AMERICAN ELEC PWR CO INC	025537101	4,280	$417,856	0.01%
192	HCA HEALTHCARE INC	HCA	1,637	$412,957	0.01%
193	MEDTRONIC PLC	MDT	5,075	$407,664	0.01%
194	MICRON TECHNOLOGY INC	MU	6,983	$405,432	0.01%
195	VANGUARD ADMIRAL FDS INC	921932778	2,386	$399,249	0.01%
196	ISHARES TR	464287168	3,115	$389,500	0.01%
197	ISHARES TR	464287655	2,120	$387,451	0.01%
198	ISHARES TR	46434V621	7,452	$381,170	0.01%
199	VANGUARD INTL EQUITY INDEX F	922042742	4,230	$380,543	0.01%
200	SCHWAB STRATEGIC TR	808524797	4,789	$372,345	0.01%
201	PUBLIC SVC ENTERPRISE GRP IN	744573106	5,794	$370,616	0.01%
202	COSTAR GROUP INC	CSGP	4,582	$369,997	0.01%
203	XCEL ENERGY INC	XELLL	5,017	$365,137	0.01%
204	MARATHON PETE CORP	MARA	3,024	$355,622	0.01%
205	MARVELL TECHNOLOGY INC	MRVL	9,213	$353,976	0.01%
206	CHARLES RIV LABS INTL INC	159864107	1,422	$351,149	0.01%
207	FEDEX CORP	FDX	1,818	$349,420	0.01%
208	ILLINOIS TOOL WKS INC	452308109	1,505	$347,097	0.01%
209	ISHARES TR	464287101	1,904	$334,742	0.01%
210	KRANESHARES TR	500767678	9,259	$328,695	0.01%
211	ALLSTATE CORP	ALL-PJ	2,365	$326,914	0.01%
212	EXELON CORP	EXC	7,258	$320,368	0.01%
213	INTUITIVE SURGICAL INC	ISRG	1,227	$318,971	0.01%
214	CVS HEALTH CORP	CVS	3,431	$307,893	0.01%
215	3M CO	MMM	2,339	$301,967	0.01%
216	SPDR S&P MIDCAP 400 ETF TR	MDY	650	$301,792	0.01%
217	ISHARES TR	464287457	3,649	$297,758	0.01%
218	ROYAL BK CDA SUSTAINABL	780087102	3,000	$296,820	0.01%
219	CONSTELLATION ENERGY CORP	CEG	3,490	$293,544	0.01%
220	SPDR SER TR	78464A763	2,264	$292,453	0.01%
221	DUKE ENERGY CORP NEW	DUKB	2,762	$291,853	0.01%
222	NVIDIA CORPORATION	NVDA	1,810	$289,698	0.01%
223	EMERSON ELEC CO	EMR	2,939	$288,610	0.01%
224	SELECT SECTOR SPDR TR	81369Y803	2,210	$285,497	0.01%
225	SUMO LOGIC INC	86646P103	36,722	$277,986	0.01%
226	VANGUARD WORLD FD	921910725	5,328	$275,895	0.01%
227	SPDR SER TR	78468R739	5,740	$272,189	0.01%
228	CME GROUP INC	CME	1,481	$260,123	0.01%
229	PROLOGIS INC.	PLDGP	2,148	$259,827	0.01%
230	ISHARES TR	464287242	2,359	$258,501	0.01%
231	WELLS FARGO CO NEW	949746101	6,038	$258,082	0.01%
232	NETFLIX INC	NFLX	778	$254,608	0.01%
233	SPDR DOW JONES INDL AVERAGE	78467X109	737	$250,260	0.01%
234	INVESCO EXCHANGE TRADED FD T	IVZ	1,687	$249,983	0.01%
235	GENERAL ELECTRIC CO	369604301	3,141	$244,048	0.01%
236	FIRST INDL RLTY TR INC	32054K103	4,803	$241,927	0.01%
237	EVERSOURCE ENERGY	ES	2,807	$240,869	0.01%
238	WYNN RESORTS LTD	WYNN	2,449	$235,692	0.01%
239	CHUBB LIMITED	CB	1,032	$231,798	0.01%
240	WASTE MGMT INC DEL	94106L109	1,470	$230,756	0.01%
241	VANGUARD INDEX FDS	922908652	1,604	$223,822	0.01%
242	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,703	$221,051	0.01%
243	YUM BRANDS INC	YUM	1,703	$220,862	0.01%
244	ECOLAB INC	ECL	1,408	$217,208	0.01%
245	MAGELLAN MIDSTREAM PRTNRS LP	559080106	4,000	$207,600	0.01%
246	MFS MUN INCOME TR	552738106	39,246	$206,042	0.01%
247	VANGUARD INDEX FDS	922908751	1,068	$206,028	0.01%
248	SNAP ON INC	SNA	828	$204,458	0.01%
249	VANGUARD ADMIRAL FDS INC	921932505	938	$201,876	0.01%
250	AXCELIS TECHNOLOGIES INC	ACLS	2,098	$200,233	0.00%
251	TILRAY BRANDS INC	TLRY	62,075	$188,708	0.00%
252	CHARGEPOINT HOLDINGS INC	CHPT	12,097	$131,736	0.00%
253	SOFI TECHNOLOGIES INC	SOFI	22,857	$117,714	0.00%
254	JOBY AVIATION INC	JOBY-WT	28,265	$105,711	0.00%
255	MATTERPORT INC	577096100	35,993	$105,100	0.00%
256	9 METERS BIOPHARMA INC	654405208	21,429	$48,858	0.00%
257	LEAFLY HOLDINGS INC	52178J105	19,883	$11,870	0.00%
258	CYBIN INC	HELP	14,601	$7,393	0.00%