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 | |
|---|---|---|---|---|---|---|
176
HubSpot
HUBS
$12B
| $372M | 0.12% |
669,197
-258,730
| -28% | -$152M |
|
177
Raymond James Financial
RJF
$34.8B
| $369M | 0.12% |
2,406,749
+71,495
| +3% | +$10.2M |
|
178
Carlyle Group
CG
$18.3B
| $367M | 0.12% |
7,138,859
+311,300
| +5% | +$13.4M |
|
179
TKO Group
TKO
$14.6B
| $364M | 0.12% |
2,003,202
+40,237
| +2% | +$6.46M |
|
|
HES
180
DELISTED
Hess
HES
| $362M | 0.11% |
2,611,939
-950,160
| -27% | -$128M |
|
181
CrowdStrike
CRWD
$230B
| $356M | 0.11% |
2,797,064
+663,644
| +31% | +$71.9M |
|
182
Monolithic Power Systems
MPWR
$67B
| $355M | 0.11% |
485,388
+27,837
| +6% | +$17.7M |
|
|
EA
183
DELISTED
Electronic Arts
EA
| $355M | 0.11% |
2,222,237
-50,844
| -2% | -$7.52M |
|
184
Sempra
SRE
$56.5B
| $354M | 0.11% |
4,676,071
+133,264
| +3% | +$9.89M |
|
185
Essex Property Trust
ESS
$18.5B
| $352M | 0.11% |
1,241,540
-770
| -0.1% | -$216K |
|
186
Ventas
VTR
$46.3B
| $352M | 0.11% |
5,570,471
+53,614
| +1% | +$3.5M |
|
187
TechnipFMC
FTI
$30.1B
| $349M | 0.11% |
10,141,701
+189,637
| +2% | +$5.72M |
|
188
Air Products & Chemicals
APD
$68B
| $349M | 0.11% |
1,236,899
-37,429
| -3% | -$10.2M |
|
189
Public Service Enterprise Group
PEG
$37.8B
| $347M | 0.11% |
4,125,698
+465,570
| +13% | +$37.5M |
|
190
MSCI
MSCI
$41.8B
| $346M | 0.11% |
600,163
-466,957
| -44% | -$258M |
|
191
Natera
NTRA
$44.8B
| $345M | 0.11% |
2,044,534
-300,076
| -13% | -$46.8M |
|
192
Leidos
LDOS
$17.9B
| $344M | 0.11% |
2,182,140
-154,082
| -7% | -$22.8M |
|
193
James Hardie Industries
JHX
$17.9B
| $342M | 0.11% |
12,718,075
+8,988,938
| +241% | +$217M |
|
194
Royal Bank of Canada
RY
$299B
| $339M | 0.11% |
2,576,322
-54,344
| -2% | -$6.65M |
|
195
L3Harris
LHX
$53.7B
| $337M | 0.11% |
1,342,825
-12,998
| -1% | -$2.99M |
|
196
Ascendis Pharma A/S
ASND
$16.2B
| $328M | 0.1% |
1,901,843
+23,926
| +1% | +$3.9M |
|
197
Mid-America Apartment Communities
MAA
$15.6B
| $327M | 0.1% |
2,209,030
+17,074
| +0.8% | +$2.66M |
|
198
Coupang
CPNG
$29.3B
| $326M | 0.1% |
10,897,027
+2,210,447
| +25% | +$56.6M |
|
199
Corebridge Financial
CRBG
$15.3B
| $324M | 0.1% |
9,134,949
-587,316
| -6% | -$18.3M |
|
200
Allegion
ALLE
$14.2B
| $323M | 0.1% |
2,243,048
+95,938
| +4% | +$13.1M |
|
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.