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 |
NVIDIA
NVDA
|
+$2.5B |
| 2 |
Broadcom
AVGO
|
+$768M |
| 3 |
Caterpillar
CAT
|
+$741M |
| 4 |
Apple
AAPL
|
+$737M |
| 5 |
Arista Networks
ANET
|
+$712M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$1.04B |
| 2 |
Meta Platforms (Facebook)
META
|
+$979M |
| 3 |
Linde
LIN
|
+$654M |
| 4 |
Intuitive Surgical
ISRG
|
+$623M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.92% |
| 2 | Financials | 19.63% |
| 3 | Industrials | 12.8% |
| 4 | Healthcare | 10.81% |
| 5 | Consumer Discretionary | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Northern Trust
NTRS
$33.7B
| $838M | 0.26% |
6,224,830
-989,448
| -14% | -$127M |
|
|
102
Arista Networks
ANET
$246B
| $834M | 0.26% |
5,721,156
+5,525,828
| +2,829% | +$712M |
|
103
Shopify
SHOP
$190B
| $823M | 0.25% |
5,536,825
+973,132
| +21% | +$132M |
|
104
Equifax
EFX
$20.6B
| $821M | 0.25% |
3,198,610
-151,808
| -5% | -$38.2M |
|
105
Credicorp
BAP
$31.6B
| $809M | 0.25% |
3,038,098
+223,497
| +8% | +$55.3M |
|
106
Waters Corp
WAT
$38.7B
| $806M | 0.25% |
2,689,693
+825,723
| +44% | +$249M |
|
107
Elevance Health
ELV
$84.7B
| $789M | 0.24% |
2,440,630
+112,020
| +5% | +$34.8M |
|
108
Suncor Energy
SU
$72B
| $787M | 0.24% |
18,821,533
-713,678
| -4% | -$28.6M |
|
109
Applovin
APP
$112B
| $774M | 0.24% |
1,077,106
+304,369
| +39% | +$140M |
|
110
Wheaton Precious Metals
WPM
$56.3B
| $760M | 0.24% |
6,796,854
-136,509
| -2% | -$13.3M |
|
111
Aramark
ARMK
$14.9B
| $742M | 0.23% |
19,312,451
+639,423
| +3% | +$25.9M |
|
112
Flutter Entertainment
FLUT
$15.9B
| $728M | 0.23% |
2,864,681
+68,186
| +2% | +$20M |
|
113
Ares Management
ARES
$31.2B
| $722M | 0.22% |
4,518,425
-66,829
| -1% | -$12.1M |
|
114
Roblox
RBLX
$26B
| $713M | 0.22% |
5,148,204
+360,009
| +8% | +$44.7M |
|
115
Hubbell
HUBB
$27.5B
| $712M | 0.22% |
1,655,746
+226,856
| +16% | +$97.6M |
|
116
Veeva Systems
VEEV
$34.5B
| $705M | 0.22% |
2,367,552
-487,180
| -17% | -$137M |
|
117
CBRE Group
CBRE
$43.2B
| $705M | 0.22% |
4,472,013
+532,151
| +14% | +$82.3M |
|
118
Moody's
MCO
$82.1B
| $703M | 0.22% |
1,474,449
-44,867
| -3% | -$22.6M |
|
119
Vulcan Materials
VMC
$36.6B
| $662M | 0.21% |
2,151,674
-1,359,112
| -39% | -$386M |
|
120
CME Group
CME
$95.2B
| $660M | 0.2% |
2,443,567
-143,083
| -6% | -$38.9M |
|
121
TE Connectivity
TEL
$63.5B
| $655M | 0.2% |
2,981,868
-1,441,996
| -33% | -$289M |
|
122
Exelon
EXC
$46.8B
| $653M | 0.2% |
14,502,723
-740,042
| -5% | -$32.5M |
|
123
Lam Research
LRCX
$387B
| $651M | 0.2% |
4,860,685
+363,801
| +8% | +$38.5M |
|
124
Otis Worldwide
OTIS
$28B
| $648M | 0.2% |
7,092,014
+181,739
| +3% | +$16.5M |
|
125
Kimberly-Clark
KMB
$36.7B
| $648M | 0.2% |
5,211,366
-112,188
| -2% | -$14.5M |
|
Similar funds
Massachusetts Financial Services's Q3 2025 Portfolio in Review
As of Q3 2025, Massachusetts Financial Services held 945 positions worth $323B, up 2.4% from $315B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Massachusetts Financial Services's Q3 2025 filing shows 61 new, 361 increased, 431 reduced and 88 closed positions. Its largest new stake was Pultegroup: 2,390,701 shares worth $316M. The largest sale was Visa, an estimated $1.04B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Financials and Industrials.
- Massachusetts Financial Services's largest Q3 2025 buy was Pultegroup: 2,390,701 shares worth $316M.
- Massachusetts Financial Services added most to NVIDIA in Q3 2025, an estimated $2.5B increase.
- Massachusetts Financial Services's biggest Q3 2025 reduction was Visa, cutting an estimated $1.04B.
- Massachusetts Financial Services fully exited Intuitive Surgical in Q3 2025, selling an estimated $623M.
- Massachusetts Financial Services's ten largest holdings make up 22% of its $323B portfolio in Q3 2025.
- Massachusetts Financial Services opened 61 new positions and closed 88 in Q3 2025.
- Massachusetts Financial Services's portfolio value rose 2.4% quarter-over-quarter to $323B.
Based on Massachusetts Financial Services's 13F filing for Q3 2025, filed 29 Oct 2025.