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 |
Willis Towers Watson
WTW
|
+$481M |
| 2 |
Corteva
CTVA
|
+$327M |
| 3 |
Prologis
PLD
|
+$320M |
| 4 |
Advanced Micro Devices
AMD
|
+$317M |
| 5 |
Exelon
EXC
|
+$295M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 2 |
Danaher
DHR
|
+$650M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$485M |
| 4 |
PPG Industries
PPG
|
+$484M |
| 5 |
Equifax
EFX
|
+$423M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.04% |
| 2 | Financials | 18.48% |
| 3 | Healthcare | 14.92% |
| 4 | Industrials | 13.38% |
| 5 | Consumer Discretionary | 6.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.84T
| $11.4B | 3.91% |
39,600,953
-553,545
| -1% | -$141M |
|
2
Alphabet (Google) Class A
GOOGL
$3.91T
| $6.37B | 2.18% |
61,424,923
-173,276
| -0.3% | -$16.6M |
|
3
Apple
AAPL
$4.89T
| $5.15B | 1.76% |
31,224,666
-65,781
| -0.2% | -$9.71M |
|
4
Visa
V
$677B
| $5.11B | 1.75% |
22,657,843
-573,882
| -2% | -$128M |
|
5
Aon
AON
$77.3B
| $4.9B | 1.68% |
15,526,841
-169,495
| -1% | -$52.5M |
|
|
6
Thermo Fisher Scientific
TMO
$211B
| $4.69B | 1.6% |
8,132,754
-1,159,500
| -12% | -$654M |
|
7
Accenture
ACN
$89.9B
| $4.33B | 1.48% |
15,143,493
-57,087
| -0.4% | -$15.6M |
|
8
Linde
LIN
$237B
| $4.23B | 1.45% |
11,890,540
+832,670
| +8% | +$279M |
|
9
JPMorgan Chase
JPM
$939B
| $4.15B | 1.42% |
31,841,826
-375,481
| -1% | -$51.4M |
|
10
Boston Scientific
BSX
$65.8B
| $3.98B | 1.36% |
79,533,631
-2,450,247
| -3% | -$115M |
|
11
Comcast
CMCSA
$79.1B
| $3.87B | 1.32% |
101,961,283
-944,393
| -0.9% | -$35.7M |
|
12
Amazon
AMZN
$2.5T
| $3.65B | 1.25% |
35,293,511
-2,359,848
| -6% | -$228M |
|
13
Johnson & Johnson
JNJ
$635B
| $3.27B | 1.12% |
21,097,191
-48,566
| -0.2% | -$7.84M |
|
14
Honeywell
HON
$77.1B
| $3.1B | 1.06% |
17,201,465
-2,019,813
| -11% | -$380M |
|
15
Medtronic
MDT
$107B
| $2.92B | 1% |
36,244,757
+845,086
| +2% | +$68.9M |
|
16
Cigna
CI
$76.6B
| $2.81B | 0.96% |
10,990,428
-17,723
| -0.2% | -$5.16M |
|
17
Texas Instruments
TXN
$255B
| $2.78B | 0.95% |
14,943,223
-898,084
| -6% | -$158M |
|
18
ConocoPhillips
COP
$147B
| $2.56B | 0.88% |
25,795,584
+2,233,670
| +9% | +$244M |
|
19
Eaton
ETN
$157B
| $2.5B | 0.86% |
14,590,569
+1,710,844
| +13% | +$285M |
|
20
Mastercard
MA
$477B
| $2.49B | 0.85% |
6,854,277
+52,361
| +0.8% | +$19M |
|
21
Canadian National Railway
CNI
$78.3B
| $2.44B | 0.83% |
20,672,499
-338,554
| -2% | -$40M |
|
22
Merck
MRK
$324B
| $2.41B | 0.82% |
22,638,753
-1,243,479
| -5% | -$134M |
|
23
UBS Group
UBS
$170B
| $2.39B | 0.82% |
111,820,307
-20,239,302
| -15% | -$422M |
|
24
TSMC
TSM
$2.09T
| $2.37B | 0.81% |
25,504,870
+479,048
| +2% | +$43M |
|
25
Johnson Controls International
JCI
$87.5B
| $2.32B | 0.79% |
38,507,387
-2,902,812
| -7% | -$186M |
|
Similar funds
Massachusetts Financial Services's Q1 2023 Portfolio in Review
As of Q1 2023, Massachusetts Financial Services held 902 positions worth $292B, up 2% from $286B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Massachusetts Financial Services's Q1 2023 filing shows 55 new, 366 increased, 410 reduced and 62 closed positions. Its largest new stake was Columbia Banking Systems: 6,955,530 shares worth $149M. The largest sale was Thermo Fisher Scientific, an estimated $654M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Massachusetts Financial Services's largest Q1 2023 buy was Columbia Banking Systems: 6,955,530 shares worth $149M.
- Massachusetts Financial Services added most to Willis Towers Watson in Q1 2023, an estimated $481M increase.
- Massachusetts Financial Services's biggest Q1 2023 reduction was Thermo Fisher Scientific, cutting an estimated $654M.
- Massachusetts Financial Services fully exited Umpqua Holdings Corp in Q1 2023, selling an estimated $241M.
- Massachusetts Financial Services's ten largest holdings make up 19% of its $292B portfolio in Q1 2023.
- Massachusetts Financial Services opened 55 new positions and closed 62 in Q1 2023.
- Massachusetts Financial Services's portfolio value rose 2% quarter-over-quarter to $292B.
Based on Massachusetts Financial Services's 13F filing for Q1 2023, filed 10 May 2023.