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 |
Chevron
CVX
|
+$695M |
| 2 |
RTX Corp
RTX
|
+$549M |
| 3 |
Elevance Health
ELV
|
+$458M |
| 4 |
TransUnion
TRU
|
+$364M |
| 5 |
AbbVie
ABBV
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$1.08B |
| 2 |
HES
Hess
HES
|
+$574M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$502M |
| 4 |
Microsoft
MSFT
|
+$405M |
| 5 |
Danaher
DHR
|
+$401M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.44% |
| 2 | Financials | 18.84% |
| 3 | Healthcare | 13.07% |
| 4 | Industrials | 12.94% |
| 5 | Communication Services | 7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Steris
STE
$22.7B
| $1.28B | 0.41% |
5,811,818
+77,152
| +1% | +$16.3M |
|
77
Dominion Energy
D
$60B
| $1.28B | 0.41% |
27,146,826
-86,798
| -0.3% | -$3.87M |
|
78
Howmet Aerospace
HWM
$117B
| $1.25B | 0.4% |
23,097,213
-410,166
| -2% | -$20.2M |
|
79
Merck
MRK
$317B
| $1.25B | 0.4% |
11,427,241
-674,660
| -6% | -$70M |
|
|
80
Alphabet (Google) Class C
GOOG
$4.4T
| $1.24B | 0.4% |
8,823,713
-236,986
| -3% | -$32.2M |
|
81
Xcel Energy
XEL
$48.2B
| $1.24B | 0.4% |
19,994,298
+1,472,435
| +8% | +$88.3M |
|
82
Franco-Nevada
FNV
$43.7B
| $1.22B | 0.39% |
11,008,095
+566,539
| +5% | +$68.9M |
|
83
Illinois Tool Works
ITW
$85.5B
| $1.21B | 0.39% |
4,623,502
-81,240
| -2% | -$19.5M |
|
84
PPG Industries
PPG
$26.5B
| $1.2B | 0.39% |
8,002,668
-308,133
| -4% | -$41.7M |
|
85
Arthur J. Gallagher & Co
AJG
$64.3B
| $1.14B | 0.37% |
5,055,719
-340,631
| -6% | -$80.7M |
|
86
PNC Financial Services
PNC
$102B
| $1.13B | 0.37% |
7,321,471
-8,876
| -0.1% | -$1.15M |
|
87
Citigroup
C
$231B
| $1.12B | 0.36% |
21,765,375
-316,250
| -1% | -$14M |
|
88
Oracle
ORCL
$416B
| $1.12B | 0.36% |
10,594,388
-203,720
| -2% | -$22.2M |
|
89
Qiagen
QGEN
$8.65B
| $1.05B | 0.34% |
22,696,112
+1,706,446
| +8% | +$72.6M |
|
90
CoStar Group
CSGP
$12.2B
| $1.03B | 0.33% |
11,826,704
-140,336
| -1% | -$11.4M |
|
91
Walt Disney
DIS
$177B
| $1.02B | 0.33% |
11,342,774
-59,354
| -0.5% | -$5.23M |
|
92
Waters Corp
WAT
$39.3B
| $1.01B | 0.32% |
3,054,938
-316,399
| -9% | -$87.4M |
|
93
Becton Dickinson
BDX
$47B
| $983M | 0.32% |
4,032,725
-1,160,107
| -22% | -$286M |
|
94
Charter Communications
CHTR
$18.3B
| $979M | 0.32% |
2,518,167
-531,080
| -17% | -$217M |
|
|
FISV
95
Fiserv Inc
FISV
$28.9B
| $961M | 0.31% |
7,231,199
-450,848
| -6% | -$55.3M |
|
96
Blackrock
BLK
$176B
| $926M | 0.3% |
1,140,895
-39,460
| -3% | -$27.5M |
|
97
ASML
ASML
$645B
| $888M | 0.29% |
1,173,324
+24,368
| +2% | +$16.1M |
|
98
Adobe
ADBE
$103B
| $872M | 0.28% |
1,462,027
-43,357
| -3% | -$25M |
|
99
Aptiv
APTV
$9.95B
| $854M | 0.28% |
9,520,838
+1,405,569
| +17% | +$121M |
|
100
KKR & Co
KKR
$94.9B
| $845M | 0.27% |
10,203,062
+365,449
| +4% | +$24.7M |
|
Similar funds
Massachusetts Financial Services's Q4 2023 Portfolio in Review
As of Q4 2023, Massachusetts Financial Services held 885 positions worth $310B, up 8.4% from $286B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Massachusetts Financial Services's Q4 2023 filing shows 49 new, 322 increased, 455 reduced and 51 closed positions. Its largest new stake was Elevance Health: 990,628 shares worth $467M. The largest sale was Thermo Fisher Scientific, an estimated $1.08B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Massachusetts Financial Services's largest Q4 2023 buy was Elevance Health: 990,628 shares worth $467M.
- Massachusetts Financial Services added most to Chevron in Q4 2023, an estimated $695M increase.
- Massachusetts Financial Services's biggest Q4 2023 reduction was Thermo Fisher Scientific, cutting an estimated $1.08B.
- Massachusetts Financial Services fully exited Caterpillar in Q4 2023, selling an estimated $146M.
- Massachusetts Financial Services's ten largest holdings make up 19% of its $310B portfolio in Q4 2023.
- Massachusetts Financial Services opened 49 new positions and closed 51 in Q4 2023.
- Massachusetts Financial Services's portfolio value rose 8.4% quarter-over-quarter to $310B.
Based on Massachusetts Financial Services's 13F filing for Q4 2023, filed 8 Feb 2024.