NICHOLS & PRATT ADVISERS LLP /MA

CIK

1141781

Location

BOSTON, MA

Portfolio Value

Mid $1,421,326,489

Diversification

Diversified

Filing Date

Global Rank

#1,209 / 8,232 ▲ 86

Top Industry

Drug Manufacturers - General 14.0%

3Y Alpha vs SPY

-11.1%

Period ended 2 months ago

Filed Apr 29, 2026 · 46d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+32.0%

SPY

+76.3%

Annualised alpha

-11.1%

Max drawdown

−14.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

99 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.4%

−0.6 pts

Top 5

31.8%

−2.2 pts

Top 10

51.9%

−0.2 pts

HHI

388

Diversified−4

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.7%	$365,049,099	17
Healthcare	20.8%	$296,022,988	18
Industrials	11.0%	$156,061,659	17
Consumer Defensive	10.7%	$152,725,338	7
Financial Services	8.6%	$122,066,715	14
Consumer Cyclical	7.8%	$110,445,294	7
Energy	5.5%	$77,464,333	4
Basic Materials	4.4%	$62,877,106	6
Communication Services	3.0%	$43,093,363	4
Utilities	1.3%	$18,335,255	2
Unclassified	1.2%	$17,185,339	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

24 positions

Ticker	Company	Δ Shares	Shares	Value
ALC	Alcon Inc	+25,854	203,015	$15,297,180
SNPS	Synopsys Inc	+9,063	44,474	$17,633,050
ABT	Abbott Laboratories	+7,950	41,870	$4,298,792
IQV	Iqvia Holdings Inc.	+7,911	131,656	$22,452,614
MSFT	Microsoft Corp	+5,369	187,552	$69,426,123
VZ	Verizon Communications Inc	+5,047	798,733	$40,096,396
TMO	Thermo Fisher Scientific Inc.	+4,268	45,986	$22,603,498
AMZN	Amazon Com Inc	+4,213	206,664	$43,041,910
RTX	RTX Corp	+3,675	25,282	$4,876,897
LIN	Linde PLC	+2,522	64,153	$31,804,490
SYK	Stryker Corp	+2,020	53,166	$17,469,815
PG	PROCTER & GAMBLE Co	+1,932	377,603	$54,540,976
APD	Air Products & Chemicals, Inc.	+1,539	63,655	$18,491,140
PEP	Pepsico Inc	+1,265	358,612	$55,688,856
RTO	Rentokil Initial PLC /Fi	+1,225	998,337	$31,427,648
QSR	Restaurant Brands International Inc.	+1,120	54,754	$4,046,320
MA	Mastercard Inc	+1,021	146,153	$73,026,807
T	At&T Inc.	+788	21,879	$634,271
KEYS	Keysight Technologies, Inc.	+755	12,718	$3,591,181
INTU	Intuit Inc.	+272	51,074	$22,083,376
BHP	BHP Group Ltd	+150	72,689	$5,287,397
CB	Chubb Ltd	+127	5,841	$1,903,756
COST	Costco Wholesale Corp /New	+125	5,952	$5,930,750
SHW	Sherwin Williams Co	+30	9,333	$2,991,692
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KMI	Kinder Morgan, Inc.	−23,092	1,805,970	$60,554,173
FISV	Fiserv Inc	−18,886	286,796	$16,003,216
JNJ	Johnson & Johnson	−14,608	469,541	$114,774,601
FAST	Fastenal Co	−10,998	1,141,131	$52,948,477
GPN	Global Payments Inc	−9,458	72,013	$4,846,474
WDS	Woodside Energy Group Ltd	−9,076	136,788	$3,266,496
AAPL	Apple Inc.	−8,678	526,411	$133,597,847
CSCO	Cisco Systems, Inc.	−8,400	173,613	$13,470,632
NVO	Novo Nordisk A S	−7,306	480,319	$17,651,723
TJX	Tjx Companies Inc /De/	−6,895	386,623	$61,743,693
KO	Coca Cola Co	−6,640	433,565	$32,972,617
ACN	Accenture plc	−6,180	44,046	$8,733,880
MRK	Merck & Co., Inc.	−4,982	446,639	$53,726,205
ADP	Automatic Data Processing Inc	−4,918	299,302	$60,812,180
CAT	Caterpillar Inc	−2,671	57,721	$40,893,019
QCOM	Qualcomm Inc/De	−2,375	172,199	$22,175,786
BRK-B	Berkshire Hathaway Inc	−2,297	59,238	$28,386,849
MDT	Medtronic plc	−1,732	156,416	$13,553,446
MKC	Mccormick & Co Inc	−1,500	40,355	$2,035,505
BMY	Bristol Myers Squibb Co	−1,470	8,675	$526,138
ASO	Academy Sports & Outdoors, Inc.	−1,350	8,950	$505,227
LOW	Lowes Companies Inc	−1,200	1,650	$389,862
MS	Morgan Stanley	−1,000	3,195	$525,800
GOOGL	Alphabet Inc.	−850	7,520	$2,162,451
CRM	Salesforce, Inc.	−800	2,347	$438,113
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
IDXX	Idexx Laboratories Inc /De	1,000	$561,890
AEM	Agnico Eagle Mines Ltd	1,050	$213,129
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
NOW	ServiceNow, Inc.	1,730	$265,018
AXP	American Express Co	625	$231,218
GIS	General Mills Inc	4,405	$204,832
APH	Amphenol Corp /De/	1,500	$202,710
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

99 positions · $1,421,326,489 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 99 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	526,411	-8,678	$133,597,847	−8.2%	9.40%
JNJ	Johnson & Johnson Healthcare	Reduced	469,541	-14,608	$114,774,601	+14.6%	8.08%
MA	Mastercard Inc Financial Services	Added	146,153	+1,021	$73,026,807	−11.9%	5.14%
MSFT	Microsoft Corp Technology	Added	187,552	+5,369	$69,426,123	−21.2%	4.88%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	386,623	-6,895	$61,743,693	+2.1%	4.34%
ADP	Automatic Data Processing Inc Technology	Reduced	299,302	-4,918	$60,812,180	−22.3%	4.28%
KMI	Kinder Morgan, Inc. Energy	Reduced	1,805,970	-23,092	$60,554,173	+20.4%	4.26%
PEP	Pepsico Inc Consumer Defensive	Added	358,612	+1,265	$55,688,856	+8.6%	3.92%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	377,603	+1,932	$54,540,976	+1.3%	3.84%
MRK	Merck & Co., Inc. Healthcare	Reduced	446,639	-4,982	$53,726,205	+13.0%	3.78%
FAST	Fastenal Co Industrials	Reduced	1,141,131	-10,998	$52,948,477	+14.5%	3.73%
AMZN	Amazon Com Inc Consumer Cyclical	Added	206,664	+4,213	$43,041,910	−7.9%	3.03%
CAT	Caterpillar Inc Industrials	Reduced	57,721	-2,671	$40,893,019	+18.2%	2.88%
VZ	Verizon Communications Inc Communication Services	Added	798,733	+5,047	$40,096,396	+24.0%	2.82%
KO	Coca Cola Co Consumer Defensive	Reduced	433,565	-6,640	$32,972,617	+7.1%	2.32%
LIN	Linde PLC Basic Materials	Added	64,153	+2,522	$31,804,490	+21.0%	2.24%
RTO	Rentokil Initial PLC /Fi Industrials	Added	998,337	+1,225	$31,427,648	+7.0%	2.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	59,238	-2,297	$28,386,849	−8.2%	2.00%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	45,986	+4,268	$22,603,498	−6.5%	1.59%
IQV	Iqvia Holdings Inc. Healthcare	Added	131,656	+7,911	$22,452,614	−19.5%	1.58%
QCOM	Qualcomm Inc/De Technology	Reduced	172,199	-2,375	$22,175,786	−25.7%	1.56%
INTU	Intuit Inc. Technology	Added	51,074	+272	$22,083,376	−34.4%	1.55%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	63,655	+1,539	$18,491,140	+20.5%	1.30%
SO	Southern Co Utilities	Reduced	186,271	-277	$17,978,876	+10.5%	1.26%
NVO	Novo Nordisk A S Healthcare	Reduced	480,319	-7,306	$17,651,723	−28.9%	1.24%
SNPS	Synopsys Inc Technology	Added	44,474	+9,063	$17,633,050	+6.0%	1.24%
SYK	Stryker Corp Healthcare	Added	53,166	+2,020	$17,469,815	−2.8%	1.23%
FISV	Fiserv Inc	Reduced	286,796	-18,886	$16,003,216	−22.1%	1.13%
ALC	Alcon Inc Healthcare	Added	203,015	+25,854	$15,297,180	+9.6%	1.08%
MDT	Medtronic plc Healthcare	Reduced	156,416	-1,732	$13,553,446	−10.8%	0.95%
CSCO	Cisco Systems, Inc. Technology	Reduced	173,613	-8,400	$13,470,632	−3.9%	0.95%
XOM	Exxon Mobil Corp Energy	Reduced	74,908	-385	$12,708,890	+40.3%	0.89%
ACN	Accenture plc Technology	Reduced	44,046	-6,180	$8,733,880	−35.2%	0.61%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	22,696	-37	$6,676,255	−8.9%	0.47%
GE	General Electric Co Industrials	Reduced	23,114	-15	$6,559,059	−7.9%	0.46%
STT	State Street Corp Financial Services	Held	47,895	0	$6,061,591	−1.9%	0.43%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	5,952	+125	$5,930,750	+18.0%	0.42%
NVDA	Nvidia Corp Technology	Held	31,470	0	$5,488,368	−6.5%	0.39%
ABBV	AbbVie Inc. Healthcare	Reduced	24,432	-200	$5,313,715	−5.6%	0.37%
BHP	BHP Group Ltd Basic Materials	Added	72,689	+150	$5,287,397	+20.7%	0.37%
RTX	RTX Corp Industrials	Added	25,282	+3,675	$4,876,897	+23.1%	0.34%
GPN	Global Payments Inc Industrials	Reduced	72,013	-9,458	$4,846,474	−23.1%	0.34%
ABT	Abbott Laboratories Healthcare	Added	41,870	+7,950	$4,298,792	+1.2%	0.30%
ECL	Ecolab Inc. Basic Materials	Held	15,372	0	$4,089,258	+1.3%	0.29%
EMR	Emerson Electric Co Industrials	Reduced	30,987	-240	$4,059,916	−2.0%	0.29%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	54,754	+1,120	$4,046,320	+10.6%	0.28%
KEYS	Keysight Technologies, Inc. Technology	Added	12,718	+755	$3,591,181	+47.7%	0.25%
GEV	GE Vernova Inc. Industrials	Reduced	3,902	-10	$3,406,054	+33.2%	0.24%
INTC	Intel Corp Technology	Reduced	76,601	-115	$3,380,401	+19.4%	0.24%
WDS	Woodside Energy Group Ltd Energy	Reduced	136,788	-9,076	$3,266,496	+43.6%	0.23%