Massachusetts Financial Services Portfolio holdings
Massachusetts Financial Services (MFS), founded in 1924 and headquartered in Boston, Massachusetts, is a pioneering investment management firm credited with launching the first U.S. mutual fund, the Massachusetts Investors Trust. Managing hundreds of billions in assets, MFS offers a wide range of actively managed investment products, including equity, fixed-income, and balanced funds, serving institutional investors, financial advisors, and individuals globally. Known for its disciplined, research-driven approach, the firm emphasizes long-term value creation through fundamental analysis and a collaborative team structure, avoiding short-term market trends. With a legacy of innovation and a strong global presence, MFS remains a respected name in the asset management industry, balancing tradition with a focus on sustainable, client-centric investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mastercard
MA
|
+$719M |
| 2 |
Broadcom
AVGO
|
+$700M |
| 3 |
Nasdaq
NDAQ
|
+$546M |
| 4 |
Wells Fargo
WFC
|
+$425M |
| 5 |
LPL Financial
LPLA
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$973M |
| 2 |
Visa
V
|
+$930M |
| 3 |
Salesforce
CRM
|
+$567M |
| 4 |
Canadian Pacific Kansas City
CP
|
+$500M |
| 5 |
Eli Lilly
LLY
|
+$480M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.34% |
| 2 | Financials | 20.58% |
| 3 | Industrials | 13.15% |
| 4 | Healthcare | 11.03% |
| 5 | Consumer Discretionary | 7.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Labcorp
LH
$26.2B
| $158M | 0.05% |
602,683
+28,653
| +5% | +$6.98M |
|
|
EXAS
327
DELISTED
Exact Sciences
EXAS
| $158M | 0.05% |
+2,969,613
| New | +$151M |
|
328
Intel
INTC
$527B
| $158M | 0.05% |
7,032,882
-602,371
| -8% | -$12.5M |
|
329
Brookfield
BN
$111B
| $155M | 0.05% |
3,753,422
-33,838
| -0.9% | -$1.25M |
|
330
Elastic
ESTC
$8.94B
| $155M | 0.05% |
1,833,206
-454,922
| -20% | -$38.5M |
|
331
Equity Lifestyle Properties
ELS
$12.6B
| $155M | 0.05% |
2,506,476
+188,982
| +8% | +$12.1M |
|
332
Nice
NICE
$6.17B
| $154M | 0.05% |
914,424
-99,994
| -10% | -$16.1M |
|
333
ITT
ITT
$19.4B
| $151M | 0.05% |
960,394
+45,826
| +5% | +$6.53M |
|
334
NNN REIT
NNN
$8.87B
| $150M | 0.05% |
3,466,534
+219,066
| +7% | +$9.1M |
|
335
Kimco Realty
KIM
$16.4B
| $149M | 0.05% |
7,093,602
-341,435
| -5% | -$7.08M |
|
336
ACV Auctions
ACVA
$1.35B
| $148M | 0.05% |
9,143,400
+58,570
| +0.6% | +$911K |
|
337
Pinduoduo
PDD
$120B
| $145M | 0.05% |
1,381,299
+296,320
| +27% | +$31.1M |
|
338
Canadian Natural Resources
CNQ
$98.1B
| $144M | 0.05% |
4,599,924
-157,594
| -3% | -$4.78M |
|
339
TriNet
TNET
$3.22B
| $144M | 0.05% |
1,965,064
-158,137
| -7% | -$12.5M |
|
340
Ashland
ASH
$3.36B
| $143M | 0.05% |
2,847,326
+84,086
| +3% | +$4.28M |
|
341
Graco
GGG
$13.3B
| $143M | 0.05% |
1,659,382
-131,293
| -7% | -$10.9M |
|
342
Cenovus Energy
CVE
$56.4B
| $143M | 0.05% |
10,482,750
+2,452,733
| +31% | +$31.9M |
|
343
General Mills
GIS
$20.8B
| $141M | 0.04% |
2,712,357
-647,877
| -19% | -$35.8M |
|
344
Ameriprise Financial
AMP
$50.4B
| $140M | 0.04% |
262,833
+20,388
| +8% | +$10.1M |
|
345
Columbia Banking Systems
COLB
$9.18B
| $140M | 0.04% |
5,998,603
+115,174
| +2% | +$2.67M |
|
346
Dollar General
DG
$26.9B
| $139M | 0.04% |
1,219,179
+1,211,298
| +15,370% | +$120M |
|
347
Amcor
AMCR
$21.4B
| $139M | 0.04% |
+3,031,719
| New | +$140M |
|
348
Darden Restaurants
DRI
$25.4B
| $136M | 0.04% |
621,902
+29,680
| +5% | +$6.16M |
|
349
BWX Technologies
BWXT
$15.6B
| $132M | 0.04% |
+919,741
| New | +$107M |
|
350
Axalta
AXTA
$7.93B
| $132M | 0.04% |
4,435,162
-322,167
| -7% | -$10M |
|
Similar funds
Massachusetts Financial Services's Q2 2025 Portfolio in Review
As of Q2 2025, Massachusetts Financial Services held 943 positions worth $315B, up 4.7% from $301B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Massachusetts Financial Services withdrew a net $10.9B in Q2 2025, closing 59 positions and reducing 423 holdings. Its most notable exit was Dun & Bradstreet, an estimated $308M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 19% a quarter earlier, followed by Financials and Industrials.
Against the trend, Massachusetts Financial Services opened a new position in Curtiss-Wright worth $271M.
- Massachusetts Financial Services's largest Q2 2025 buy was Curtiss-Wright: 554,153 shares worth $271M.
- Massachusetts Financial Services added most to Mastercard in Q2 2025, an estimated $719M increase.
- Massachusetts Financial Services's biggest Q2 2025 reduction was Alphabet (Google) Class A, cutting an estimated $973M.
- Massachusetts Financial Services fully exited Dun & Bradstreet in Q2 2025, selling an estimated $308M.
- Massachusetts Financial Services's ten largest holdings make up 20% of its $315B portfolio in Q2 2025.
- Massachusetts Financial Services opened 63 new positions and closed 59 in Q2 2025.
- Massachusetts Financial Services's portfolio value rose 4.7% quarter-over-quarter to $315B.
Based on Massachusetts Financial Services's 13F filing for Q2 2025, filed 8 Aug 2025.