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 | |
|---|---|---|---|---|---|---|
601
Evercore
EVR
$12B
| $22.1M | 0.01% |
81,959
-609,041
| -88% | -$134M |
|
602
nCino
NCNO
$2.26B
| $22.1M | 0.01% |
790,507
-1,546,174
| -66% | -$38.6M |
|
603
Cushman & Wakefield Ltd
CWK
$3.24B
| $22M | 0.01% |
1,990,792
-313,478
| -14% | -$3.07M |
|
604
AutoZone
AZO
$49.7B
| $21.9M | 0.01% |
5,898
-164
| -3% | -$605K |
|
605
STAG Industrial
STAG
$7.12B
| $21.7M | 0.01% |
598,231
-20,054
| -3% | -$693K |
|
606
GeneDx Holdings
WGS
$2.36B
| $21.7M | 0.01% |
+235,085
| New | +$18.5M |
|
607
National Fuel Gas
NFG
$7.77B
| $21.6M | 0.01% |
254,962
+33,328
| +15% | +$2.69M |
|
|
FOLD
608
DELISTED
Amicus Therapeutics
FOLD
| $21.4M | 0.01% |
3,726,468
+450,097
| +14% | +$2.9M |
|
609
Kymera Therapeutics
KYMR
$9.51B
| $21.3M | 0.01% |
487,961
+67,916
| +16% | +$2.34M |
|
|
TWO
610
Two Harbors Investment
TWO
$1.27B
| $21.2M | 0.01% |
1,971,759
-98,526
| -5% | -$1.11M |
|
611
FirstService
FSV
$6.24B
| $20.7M | 0.01% |
118,416
-2,622
| -2% | -$454K |
|
612
Ionis Pharmaceuticals
IONS
$9.39B
| $20.5M | 0.01% |
+519,184
| New | +$17M |
|
|
KRMN
613
Karman Holdings
KRMN
$8.21B
| $20.4M | 0.01% |
405,818
-611,089
| -60% | -$24.6M |
|
614
Harmony Biosciences
HRMY
$2.32B
| $20.4M | 0.01% |
644,530
-109,017
| -14% | -$3.51M |
|
615
Archer Daniels Midland
ADM
$38.6B
| $20.2M | 0.01% |
383,356
-4,313
| -1% | -$210K |
|
616
ATS Corp
ATS
$2B
| $20.1M | 0.01% |
631,114
+118,008
| +23% | +$3.23M |
|
617
Zoom
ZM
$30.8B
| $20M | 0.01% |
256,473
+107,669
| +72% | +$8.32M |
|
618
Arista Networks
ANET
$257B
| $20M | 0.01% |
195,328
-343,876
| -64% | -$29.8M |
|
619
TFI International
TFII
$12.1B
| $19.8M | 0.01% |
220,279
+63,745
| +41% | +$5.39M |
|
620
Kinross Gold
KGC
$31.9B
| $19.5M | 0.01% |
1,248,436
+1,230,514
| +6,866% | +$17.9M |
|
621
iRhythm Holdings
IRTC
$4.06B
| $19.5M | 0.01% |
+126,455
| New | +$16.3M |
|
622
Kadant
KAI
$3.91B
| $19.5M | 0.01% |
+61,288
| New | +$19.2M |
|
623
Bloom Energy
BE
$69.6B
| $19.2M | 0.01% |
803,800
+97,721
| +14% | +$1.89M |
|
624
Incyte
INCY
$24.5B
| $19M | 0.01% |
278,960
+80,860
| +41% | +$5.12M |
|
625
Certara
CERT
$1.24B
| $18.7M | 0.01% |
1,600,520
-214,825
| -12% | -$2.54M |
|
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.