Q3 2026 13F · SEC CIK 1141781

Nichols & Pratt Advisers LLP /ma

Asset managerFiled 2026-10-13 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.7B
Reported positions: 110
Top holdings a year, 3 yrs: +11.1%
Average holding period: 11.2 yrs

Nichols & Pratt Advisers LLP /ma is an asset manager that reported 110 positions worth $1.7B in its Q3 2026 13F, filed 2026-10-13. Its largest holdings were Apple Inc (AAPL, 9.5%), Alphabet Inc (GOOGL, 8.2%), Johnson & Johnson (JNJ, 6.6%). A portfolio copying its top holdings returned 11.1% a year over the last 3 years, against 20.4% for the S&P 500.

Nichols & Pratt Advisers LLP /ma holdings largest 50 of 110 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Nichols & Pratt Advisers LLP /ma 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
AAPLApple Inc	9.5%	9.2%	482,037	-7.5%	$159.2M
GOOGLAlphabet Inc	8.2%	—	413,226	—	$138.4M
JNJJohnson & Johnson	6.6%	7.1%	430,374	-6.6%	$111.3M
MSFTMicrosoft Corp	6.0%	4.3%	195,240	+2.7%	$100.1M
MAMastercard Incorporated	4.8%	4.6%	147,202	-0.3%	$81.0M
ADPAutomatic Data Processing in	4.6%	4.0%	290,198	-2.5%	$76.6M
MRKMerck & Co Inc	3.8%	3.5%	440,528	-0.5%	$63.4M
FASTFastenal Co	3.4%	3.3%	1,129,776	-0.7%	$56.7M
KMIKinder Morgan Inc Del	3.2%	3.5%	1,779,370	-1.0%	$54.3M
PGProcter & Gamble Co	3.2%	3.3%	373,131	-0.6%	$53.7M
AMZNAmazon Com Inc	3.1%	3.0%	210,297	-0.0%	$52.2M
TJXTjx Cos Inc New	3.1%	3.5%	384,408	-0.3%	$51.4M
PEPPepsico Inc	2.6%	2.9%	346,901	-2.1%	$43.6M
CATCaterpillar Inc	2.5%	3.7%	51,558	-8.8%	$42.6M
VZVerizon Communications Inc	2.2%	2.1%	794,703	-0.3%	$36.5M
KOCoca Cola Co	2.2%	2.1%	422,530	-1.2%	$36.4M
IQVIqvia Hldgs Inc	2.1%	1.6%	135,930	+0.2%	$35.4M
QCOMQualcomm Inc	2.0%	1.9%	184,891	+7.8%	$33.7M
TMOThermo Fisher Scientific Inc	1.9%	1.4%	48,681	+2.2%	$31.8M
LINLinde PLC	1.8%	2.1%	65,446	+0.6%	$30.7M
BRK-BBerkshire Hathaway Inc Del	1.8%	1.8%	59,604	+1.5%	$29.8M
SNPSSynopsys Inc	1.5%	1.3%	52,861	+8.5%	$25.9M
RTORentokil Initial PLC	1.2%	1.7%	1,009,579	+0.6%	$20.0M
CSCOCisco Sys Inc	1.1%	1.2%	165,683	-3.9%	$18.0M
SYKStryker Corporation	1.1%	1.1%	65,257	+14.4%	$17.8M
ALCAlcon Inc	1.0%	0.9%	274,142	+29.1%	$17.5M
APDAir Products and Chemicals I	1.0%	1.1%	63,974	+1.3%	$17.5M
NVONovo-Nordisk A S	1.0%	1.4%	458,256	-4.1%	$17.1M
SOSouthern Co	0.9%	1.1%	183,588	-1.5%	$15.3M
INTUIntuit	0.9%	0.8%	51,344	+0.7%	$14.5M
XOMExxonmobil Holdings Corp	0.7%	—	69,155	—	$11.3M
METAMeta Platforms Inc	0.6%	—	14,180	—	$10.3M
MDTMedtronic PLC	0.6%	0.7%	114,913	-18.6%	$9.9M
INTCIntel Corp	0.5%	0.6%	73,329	-3.6%	$8.8M
STTState Str Corp	0.5%	0.5%	47,695	+0.0%	$8.3M
JPMJpmorgan Chase & Co	0.5%	0.5%	24,357	+7.3%	$8.1M
ACNAccenture PLC Ireland	0.5%	0.3%	37,088	-5.7%	$7.9M
ABBVAbbvie Inc	0.4%	0.4%	27,584	+12.1%	$7.2M
NVDANvidia Corporation	0.4%	0.4%	30,520	-4.7%	$7.0M
GEGe Aerospace	0.4%	0.5%	22,212	-1.4%	$6.9M
FISVFiserv Inc	0.4%	0.8%	150,348	-43.0%	$6.8M
COSTCostco Wholesale Corporation	0.4%	0.3%	6,727	+11.7%	$6.2M
BHPBhp Billiton Limited	0.4%	0.4%	71,994	+0.0%	$6.1M
GPNGlobal Pmts Inc	0.3%	0.3%	66,303	-1.4%	$5.3M
KEYSKeysight Technologies Inc	0.3%	0.3%	12,433	-2.2%	$4.6M
RTXRtx Corporation	0.3%	0.3%	25,056	-0.2%	$4.6M
ECLEcolab Inc	0.3%	0.3%	16,986	+0.7%	$4.6M
EMREmerson Elec Co	0.3%	0.3%	28,904	-4.1%	$4.6M
ABTAbbott Laboratories	0.3%	0.2%	44,702	+13.5%	$4.3M
QSRRestaurant Brands Intl Inc	0.2%	0.2%	55,369	+0.7%	$3.9M

What Nichols & Pratt Advisers LLP /ma bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

ALC Alcon Inc+29.1% shares
SYK Stryker Corporation+14.4% shares
ABT Abbott Laboratories+13.5% shares
ABBV Abbvie Inc+12.1% shares
COST Costco Wholesale Corporation+11.7% shares
SNPS Synopsys Inc+8.5% shares
QCOM Qualcomm Inc+7.8% shares
JPM Jpmorgan Chase & Co+7.3% shares

Reduced

FISV Fiserv Inc-43.0% shares
MDT Medtronic PLC-18.6% shares
CAT Caterpillar Inc-8.8% shares
AAPL Apple Inc-7.5% shares
JNJ Johnson & Johnson-6.6% shares
ACN Accenture PLC Ireland-5.7% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.1% /yr; S&P 500 +20.1%
3 years: +11.1% /yr; S&P 500 +20.4%
5 years: +8.6% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$1.7B	110
Q2 2026	$1.6B	109
Q1 2026	$1.5B	105
Q4 2025	$1.6B	107
Q3 2025	$1.6B	106
Q2 2025	$1.5B	104
Q1 2025	$1.5B	96
Q4 2024	$1.5B	101
Q3 2024	$1.5B	104
Q2 2024	$1.5B	97
Q1 2024	$1.5B	102
Q4 2023	$1.4B	105

Questions about Nichols & Pratt Advisers LLP /ma's portfolio

What stocks does Nichols & Pratt Advisers LLP /ma own?

Nichols & Pratt Advisers LLP /ma's latest 13F, for Q3 2026 and filed Oct 13, 2026, lists 110 positions worth $1.7B. The largest are Apple Inc (AAPL) at 9.5%, Alphabet Inc (GOOGL) at 8.2%, Johnson & Johnson (JNJ) at 6.6%, Microsoft Corp (MSFT) at 6.0% and Mastercard Incorporated (MA) at 4.8%.

What did Nichols & Pratt Advisers LLP /ma buy last quarter?

In Q3 2026, Nichols & Pratt Advisers LLP /ma added Alcon Inc (ALC) (+29.1% shares), Stryker Corporation (SYK) (+14.4% shares) and Abbott Laboratories (ABT) (+13.5% shares), compared with its Q2 2026 filing.

What did Nichols & Pratt Advisers LLP /ma sell last quarter?

In Q3 2026, Nichols & Pratt Advisers LLP /ma cut from its top 50 Alphabet Inc (GOOG), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Ge Vernova Inc (GEV), Fiserv Inc (FISV) (-43.0% shares), Medtronic PLC (MDT) (-18.6% shares) and Caterpillar Inc (CAT) (-8.8% shares), compared with its Q2 2026 filing.

How has Nichols & Pratt Advisers LLP /ma's portfolio performed?

A portfolio copying Nichols & Pratt Advisers LLP /ma's 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.1% against +20.1%. Over 5 years: +8.6% a year against +11.6%.

When is Nichols & Pratt Advisers LLP /ma's next 13F filing due?

13F filings are due 45 days after each quarter ends. Nichols & Pratt Advisers LLP /ma's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.