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 |
Chevron
CVX
|
+$695M |
| 2 |
RTX Corp
RTX
|
+$549M |
| 3 |
Elevance Health
ELV
|
+$458M |
| 4 |
TransUnion
TRU
|
+$364M |
| 5 |
AbbVie
ABBV
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$1.08B |
| 2 |
HES
Hess
HES
|
+$574M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$502M |
| 4 |
Microsoft
MSFT
|
+$405M |
| 5 |
Danaher
DHR
|
+$401M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.44% |
| 2 | Financials | 18.84% |
| 3 | Healthcare | 13.07% |
| 4 | Industrials | 12.94% |
| 5 | Communication Services | 7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.84T
| $14.1B | 4.54% |
37,401,359
-1,136,911
| -3% | -$405M |
|
|
2
Alphabet (Google) Class A
GOOGL
$3.91T
| $7.14B | 2.31% |
51,129,441
-3,736,025
| -7% | -$502M |
|
3
Apple
AAPL
$4.89T
| $5.64B | 1.82% |
29,278,570
-810,986
| -3% | -$150M |
|
4
Visa
V
$677B
| $5.36B | 1.73% |
20,601,542
-691,590
| -3% | -$170M |
|
5
JPMorgan Chase
JPM
$939B
| $5.02B | 1.62% |
29,498,573
-1,074,640
| -4% | -$163M |
|
6
Amazon
AMZN
$2.5T
| $4.8B | 1.55% |
31,560,517
-522,102
| -2% | -$73.2M |
|
7
Linde
LIN
$237B
| $4.73B | 1.53% |
11,504,625
-295,821
| -3% | -$117M |
|
8
NVIDIA
NVDA
$5.01T
| $4.59B | 1.48% |
92,755,780
+4,728,050
| +5% | +$219M |
|
9
Accenture
ACN
$89.9B
| $4.53B | 1.46% |
12,902,824
-558,743
| -4% | -$180M |
|
10
Comcast
CMCSA
$79.7B
| $4.03B | 1.3% |
91,882,669
-2,204,196
| -2% | -$94.5M |
|
11
Aon
AON
$77.3B
| $3.63B | 1.17% |
12,472,342
-1,138,822
| -8% | -$365M |
|
12
Cigna
CI
$76.6B
| $3.4B | 1.1% |
11,364,122
-469,631
| -4% | -$137M |
|
13
Boston Scientific
BSX
$65.8B
| $3.31B | 1.07% |
57,175,970
-5,357,412
| -9% | -$286M |
|
14
Meta Platforms (Facebook)
META
$1.51T
| $3.26B | 1.05% |
9,222,781
+590,150
| +7% | +$192M |
|
15
Eaton
ETN
$157B
| $3.25B | 1.05% |
13,498,294
-1,021,397
| -7% | -$225M |
|
16
ConocoPhillips
COP
$147B
| $3.21B | 1.04% |
27,672,104
+108,956
| +0.4% | +$12.7M |
|
17
Honeywell
HON
$77B
| $3.15B | 1.02% |
15,953,015
-304,169
| -2% | -$54.8M |
|
18
UBS Group
UBS
$170B
| $3.14B | 1.01% |
101,649,572
-7,226,704
| -7% | -$190M |
|
19
Analog Devices
ADI
$181B
| $2.99B | 0.97% |
15,065,652
+1,197,215
| +9% | +$214M |
|
20
TSMC
TSM
$2.09T
| $2.96B | 0.96% |
28,443,595
+1,649,279
| +6% | +$157M |
|
21
Cadence Design Systems
CDNS
$90B
| $2.91B | 0.94% |
10,699,603
-289,738
| -3% | -$74.7M |
|
22
Mastercard
MA
$477B
| $2.68B | 0.86% |
6,278,689
-128,452
| -2% | -$51.6M |
|
23
Johnson & Johnson
JNJ
$634B
| $2.65B | 0.86% |
16,903,293
-713,704
| -4% | -$109M |
|
24
Union Pacific
UNP
$182B
| $2.46B | 0.8% |
10,029,376
-565,034
| -5% | -$124M |
|
25
Medtronic
MDT
$107B
| $2.38B | 0.77% |
28,887,300
-3,183,182
| -10% | -$243M |
|
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Massachusetts Financial Services's Q4 2023 Portfolio in Review
As of Q4 2023, Massachusetts Financial Services held 885 positions worth $310B, up 8.4% from $286B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Massachusetts Financial Services's Q4 2023 filing shows 49 new, 322 increased, 455 reduced and 51 closed positions. Its largest new stake was Elevance Health: 990,628 shares worth $467M. The largest sale was Thermo Fisher Scientific, an estimated $1.08B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Massachusetts Financial Services's largest Q4 2023 buy was Elevance Health: 990,628 shares worth $467M.
- Massachusetts Financial Services added most to Chevron in Q4 2023, an estimated $695M increase.
- Massachusetts Financial Services's biggest Q4 2023 reduction was Thermo Fisher Scientific, cutting an estimated $1.08B.
- Massachusetts Financial Services fully exited Caterpillar in Q4 2023, selling an estimated $146M.
- Massachusetts Financial Services's ten largest holdings make up 19% of its $310B portfolio in Q4 2023.
- Massachusetts Financial Services opened 49 new positions and closed 51 in Q4 2023.
- Massachusetts Financial Services's portfolio value rose 8.4% quarter-over-quarter to $310B.
Based on Massachusetts Financial Services's 13F filing for Q4 2023, filed 8 Feb 2024.