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 |
TotalEnergies
TTE
|
+$2.54B |
| 2 |
Gilead Sciences
GILD
|
+$500M |
| 3 |
Seagate
STX
|
+$489M |
| 4 |
Danaher
DHR
|
+$487M |
| 5 |
Monster Beverage
MNST
|
+$438M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.9B |
| 2 |
TSMC
TSM
|
+$1.65B |
| 3 |
Microsoft
MSFT
|
+$1.63B |
| 4 |
NVIDIA
NVDA
|
+$850M |
| 5 |
Mondelez International
MDLZ
|
+$738M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23% |
| 2 | Financials | 19.95% |
| 3 | Industrials | 12.58% |
| 4 | Healthcare | 11.71% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Chevron
CVX
$387B
| $1.15B | 0.37% |
7,567,858
-1,557,877
| -17% | -$237M |
|
77
Humana
HUM
$46B
| $1.15B | 0.37% |
4,496,775
+1,008,514
| +29% | +$264M |
|
78
Hilton Worldwide
HLT
$72.1B
| $1.14B | 0.37% |
3,967,117
-100,377
| -2% | -$27.3M |
|
79
RB Global
RBA
$16B
| $1.12B | 0.36% |
10,892,186
+165,260
| +2% | +$16.8M |
|
80
PepsiCo
PEP
$191B
| $1.11B | 0.36% |
7,701,362
-493,071
| -6% | -$72.4M |
|
81
Texas Instruments
TXN
$251B
| $1.1B | 0.35% |
6,344,486
-406,820
| -6% | -$69.7M |
|
82
Qiagen
QGEN
$8.95B
| $1.09B | 0.35% |
24,205,881
+264,921
| +1% | +$12.3M |
|
83
Steris
STE
$23B
| $1.07B | 0.34% |
4,218,307
-627,817
| -13% | -$158M |
|
84
GE Aerospace
GE
$374B
| $1.06B | 0.34% |
3,435,764
-145,128
| -4% | -$43.7M |
|
85
GE Vernova
GEV
$284B
| $1.06B | 0.34% |
1,616,649
-302,310
| -16% | -$184M |
|
86
Vistra
VST
$49.5B
| $1.05B | 0.34% |
6,530,095
-576,370
| -8% | -$105M |
|
87
Caterpillar
CAT
$394B
| $1.05B | 0.34% |
1,835,924
+5,510
| +0.3% | +$3.06M |
|
88
Canadian National Railway
CNI
$77.1B
| $1.05B | 0.34% |
10,584,719
-1,076,172
| -9% | -$103M |
|
89
Autodesk
ADSK
$53.5B
| $1.04B | 0.34% |
3,509,562
-34,958
| -1% | -$10.6M |
|
90
Goldman Sachs
GS
$305B
| $1.02B | 0.33% |
1,160,528
-162,939
| -12% | -$133M |
|
91
Northrop Grumman
NOC
$81.6B
| $1B | 0.32% |
1,762,358
-62,892
| -3% | -$36.5M |
|
92
Waters Corp
WAT
$40.8B
| $997M | 0.32% |
2,624,715
-64,978
| -2% | -$23.9M |
|
|
93
Danaher
DHR
$144B
| $992M | 0.32% |
4,333,056
+2,216,789
| +105% | +$487M |
|
94
Shopify
SHOP
$203B
| $949M | 0.31% |
5,892,833
+356,008
| +6% | +$57.2M |
|
95
Equifax
EFX
$21.8B
| $943M | 0.3% |
4,344,531
+1,145,921
| +36% | +$251M |
|
96
Ares Management
ARES
$33.6B
| $922M | 0.3% |
5,705,599
+1,187,174
| +26% | +$185M |
|
97
Boston Scientific
BSX
$75.1B
| $866M | 0.28% |
9,085,528
-1,281,765
| -12% | -$126M |
|
98
Illinois Tool Works
ITW
$82.6B
| $859M | 0.28% |
3,488,816
-247,194
| -7% | -$61.6M |
|
99
Guidewire Software
GWRE
$15B
| $856M | 0.28% |
4,258,486
-557,620
| -12% | -$123M |
|
100
Elevance Health
ELV
$86.3B
| $828M | 0.27% |
2,360,858
-79,772
| -3% | -$27M |
|
Similar funds
Massachusetts Financial Services's Q4 2025 Portfolio in Review
As of Q4 2025, Massachusetts Financial Services held 958 positions worth $310B, down 3.9% from $323B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Massachusetts Financial Services withdrew a net $15.5B in Q4 2025, closing 41 positions and reducing 539 holdings. Its most notable exit was Comcast, an estimated $533M position sold in full.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Financials and Industrials.
Against the trend, Massachusetts Financial Services opened a new position in Medline Inc worth $430M.
- Massachusetts Financial Services's largest Q4 2025 buy was Medline Inc: 10,227,227 shares worth $430M.
- Massachusetts Financial Services added most to TotalEnergies in Q4 2025, an estimated $2.54B increase.
- Massachusetts Financial Services's biggest Q4 2025 reduction was Meta Platforms (Facebook), cutting an estimated $1.9B.
- Massachusetts Financial Services fully exited Comcast in Q4 2025, selling an estimated $533M.
- Massachusetts Financial Services's ten largest holdings make up 21% of its $310B portfolio in Q4 2025.
- Massachusetts Financial Services opened 101 new positions and closed 41 in Q4 2025.
- Massachusetts Financial Services's portfolio value fell 3.9% quarter-over-quarter to $310B.
Based on Massachusetts Financial Services's 13F filing for Q4 2025, filed 22 Jan 2026.