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 | |
|---|---|---|---|---|---|---|
|
EXE
126
Expand Energy Corp
EXE
$21.9B
| $631M | 0.2% |
5,396,701
+740,502
| +16% | +$82.6M |
|
127
Credicorp
BAP
$29.8B
| $629M | 0.2% |
2,814,601
-218,055
| -7% | -$44.2M |
|
|
128
Canadian Pacific Kansas City
CP
$82.6B
| $624M | 0.2% |
7,870,501
-6,498,588
| -45% | -$500M |
|
129
Intuitive Surgical
ISRG
$142B
| $623M | 0.2% |
1,146,204
-18,674
| -2% | -$9.76M |
|
130
Wheaton Precious Metals
WPM
$59.9B
| $623M | 0.2% |
6,933,363
-114,408
| -2% | -$9.63M |
|
131
Tyler Technologies
TYL
$13.5B
| $616M | 0.2% |
1,038,481
+39,554
| +4% | +$22.4M |
|
132
Bank of America
BAC
$448B
| $610M | 0.19% |
12,895,738
-1,426,832
| -10% | -$60M |
|
133
Merck
MRK
$334B
| $608M | 0.19% |
7,679,866
-303,327
| -4% | -$24.1M |
|
134
Target
TGT
$70.6B
| $591M | 0.19% |
5,989,003
-630,100
| -10% | -$60.5M |
|
135
Hubbell
HUBB
$26.8B
| $584M | 0.19% |
1,428,890
-17,867
| -1% | -$6.62M |
|
136
DexCom
DXCM
$34.5B
| $577M | 0.18% |
6,605,687
+3,410,858
| +107% | +$267M |
|
137
Vertex Pharmaceuticals
VRTX
$131B
| $572M | 0.18% |
1,284,354
-740,554
| -37% | -$341M |
|
138
Datadog
DDOG
$90.6B
| $571M | 0.18% |
4,249,294
-407,085
| -9% | -$45.1M |
|
139
Omnicom Group
OMC
$24.2B
| $566M | 0.18% |
7,869,786
+691,560
| +10% | +$51.1M |
|
140
Walt Disney
DIS
$181B
| $566M | 0.18% |
4,564,785
-645,084
| -12% | -$67M |
|
141
CDW
CDW
$17.8B
| $565M | 0.18% |
3,164,433
+371,499
| +13% | +$63.1M |
|
|
AXON
142
Axon Enterprise
AXON
$50B
| $564M | 0.18% |
680,983
+126,601
| +23% | +$86.1M |
|
143
NextEra Energy
NEE
$179B
| $560M | 0.18% |
8,066,727
-275,873
| -3% | -$19.2M |
|
144
CBRE Group
CBRE
$44B
| $552M | 0.18% |
3,939,862
+26,563
| +0.7% | +$3.36M |
|
145
DuPont de Nemours
DD
$19.5B
| $551M | 0.18% |
6,404,801
-2,734,766
| -30% | -$227M |
|
146
Icon
ICLR
$12.9B
| $546M | 0.17% |
3,752,008
+650,379
| +21% | +$92.2M |
|
147
GFL Environmental
GFL
$15B
| $535M | 0.17% |
10,606,826
+15,120
| +0.1% | +$742K |
|
148
CoStar Group
CSGP
$13.4B
| $529M | 0.17% |
6,585,677
-33,795
| -0.5% | -$2.63M |
|
149
Shopify
SHOP
$204B
| $526M | 0.17% |
4,563,693
-1,085,469
| -19% | -$109M |
|
150
Corteva
CTVA
$50.6B
| $522M | 0.17% |
7,009,852
-5,332,353
| -43% | -$355M |
|
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.