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 |
Willis Towers Watson
WTW
|
+$481M |
| 2 |
Corteva
CTVA
|
+$327M |
| 3 |
Prologis
PLD
|
+$320M |
| 4 |
Advanced Micro Devices
AMD
|
+$317M |
| 5 |
Exelon
EXC
|
+$295M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 2 |
Danaher
DHR
|
+$650M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$485M |
| 4 |
PPG Industries
PPG
|
+$484M |
| 5 |
Equifax
EFX
|
+$423M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.04% |
| 2 | Financials | 18.48% |
| 3 | Healthcare | 14.92% |
| 4 | Industrials | 13.38% |
| 5 | Consumer Discretionary | 6.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cadence Design Systems
CDNS
$93.8B
| $2.27B | 0.78% |
10,818,055
-79,362
| -0.7% | -$15M |
|
27
Goldman Sachs
GS
$311B
| $2.22B | 0.76% |
6,797,345
-42,711
| -0.6% | -$14.9M |
|
28
Pfizer
PFE
$145B
| $2.2B | 0.75% |
54,037,160
+4,754,795
| +10% | +$205M |
|
29
Union Pacific
UNP
$176B
| $2.18B | 0.75% |
10,828,399
+1,130,705
| +12% | +$229M |
|
30
Chubb
CB
$134B
| $2.18B | 0.74% |
11,201,537
-455,938
| -4% | -$95.8M |
|
31
Canadian Pacific Kansas City
CP
$79.7B
| $2.14B | 0.73% |
27,870,555
-1,729,234
| -6% | -$134M |
|
32
Abbott
ABT
$182B
| $2.14B | 0.73% |
21,151,493
-3,676,831
| -15% | -$388M |
|
33
Progressive
PGR
$123B
| $2.14B | 0.73% |
14,968,848
-232,484
| -2% | -$32.1M |
|
|
MRSH
34
Marsh
MRSH
$91.4B
| $2.13B | 0.73% |
12,799,472
-79,074
| -0.6% | -$13.2M |
|
35
Northrop Grumman
NOC
$78.4B
| $2.07B | 0.71% |
4,476,175
-25,527
| -0.6% | -$11.8M |
|
36
NVIDIA
NVDA
$5.13T
| $2.04B | 0.7% |
73,300,050
+10,518,460
| +17% | +$228M |
|
|
37
Equifax
EFX
$20.8B
| $1.93B | 0.66% |
9,534,923
-2,033,241
| -18% | -$423M |
|
38
American Express
AXP
$234B
| $1.92B | 0.66% |
11,669,944
+128,791
| +1% | +$21.4M |
|
39
Southern Company
SO
$107B
| $1.9B | 0.65% |
27,376,517
+817,899
| +3% | +$55.1M |
|
|
40
Willis Towers Watson
WTW
$31.5B
| $1.88B | 0.65% |
8,110,326
+1,988,265
| +32% | +$481M |
|
41
Nasdaq
NDAQ
$52.3B
| $1.87B | 0.64% |
34,280,453
+139,003
| +0.4% | +$8.03M |
|
42
Duke Energy
DUK
$96.9B
| $1.85B | 0.63% |
19,214,262
-142,034
| -0.7% | -$14M |
|
43
Analog Devices
ADI
$185B
| $1.83B | 0.63% |
9,294,637
-54,498
| -0.6% | -$9.77M |
|
44
NXP Semiconductors
NXPI
$59.9B
| $1.82B | 0.62% |
9,762,000
-79,554
| -0.8% | -$14.2M |
|
45
Morgan Stanley
MS
$341B
| $1.81B | 0.62% |
20,597,965
-344,644
| -2% | -$32.2M |
|
46
Adobe
ADBE
$102B
| $1.75B | 0.6% |
4,551,815
-883,257
| -16% | -$314M |
|
47
Icon
ICLR
$12.1B
| $1.75B | 0.6% |
8,185,956
+66,739
| +0.8% | +$14.9M |
|
48
MSCI
MSCI
$41.5B
| $1.73B | 0.59% |
3,097,230
+28,044
| +0.9% | +$14.8M |
|
49
General Dynamics
GD
$104B
| $1.72B | 0.59% |
7,547,380
+453,753
| +6% | +$105M |
|
|
50
Danaher
DHR
$137B
| $1.68B | 0.57% |
7,496,620
-2,858,546
| -28% | -$650M |
|
Similar funds
Massachusetts Financial Services's Q1 2023 Portfolio in Review
As of Q1 2023, Massachusetts Financial Services held 902 positions worth $292B, up 2% from $286B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Massachusetts Financial Services's Q1 2023 filing shows 55 new, 366 increased, 410 reduced and 62 closed positions. Its largest new stake was Columbia Banking Systems: 6,955,530 shares worth $149M. The largest sale was Thermo Fisher Scientific, an estimated $654M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Massachusetts Financial Services's largest Q1 2023 buy was Columbia Banking Systems: 6,955,530 shares worth $149M.
- Massachusetts Financial Services added most to Willis Towers Watson in Q1 2023, an estimated $481M increase.
- Massachusetts Financial Services's biggest Q1 2023 reduction was Thermo Fisher Scientific, cutting an estimated $654M.
- Massachusetts Financial Services fully exited Umpqua Holdings Corp in Q1 2023, selling an estimated $241M.
- Massachusetts Financial Services's ten largest holdings make up 19% of its $292B portfolio in Q1 2023.
- Massachusetts Financial Services opened 55 new positions and closed 62 in Q1 2023.
- Massachusetts Financial Services's portfolio value rose 2% quarter-over-quarter to $292B.
Based on Massachusetts Financial Services's 13F filing for Q1 2023, filed 10 May 2023.