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MASSACHUSETTS FINANCIAL SERVICES CO /MA/

SEC Form 13F institutional filer · CIK 0000912938

13F-HR · 355 reported holdings · 2026-03-31

Asset management firm, subsidiary of Sun Life Financial.

Reported long-US-equity value

$236.15B

Top-10 concentration

25.8%

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ — $236B AUM allocation strategy

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ files SEC Form 13F and reports $236B of long US equity value across 355 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 15.3%, followed by Financials 5.3% and Health Care 4.9%.

The top 10 holdings account for 26% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$236B

total across 355 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

26% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$NEE$AAPL$VICI

+$NEE +6.7M sh · +$706M+$AAPL +3.42M sh · +$536M+$VICI +2.79M sh · +$77.6M

Biggest trims (shares)

$KVUE$EXC$AMCR

−$KVUE −18.7M sh · −$315M−$EXC −13.1M sh · −$566M−$AMCR −11.6M sh · −$8.94M

Added from nil (new positions)

$CMCSA$TSN$BRO$HII$DHI

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$NOW$JCI$HSY$RL$HAS

$NOW ($161M last qtr)$JCI ($142M last qtr)$HSY ($128M last qtr)$RL ($107M last qtr)$HAS ($29.1M last qtr)

Sector allocation (share of reported value)

Information Technology 15%Financials 5%Health Care 5%Communication Services 4%Consumer Discretionary 3%Energy 2%Materials 1%Industrials 1%Other holdings 63%SECTORS
  • $XLKInformation Technology15.3%
  • $XLFFinancials5.3%
  • $XLVHealth Care4.9%
  • $XLCCommunication Services4.1%
  • $XLYConsumer Discretionary2.8%
  • $XLEEnergy2.4%
  • $XLBMaterials1.3%
  • $XLIIndustrials1.2%
  • Other holdings62.9%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 6%Systems Software 5%Interactive Media & Services 4%Technology Hardware, Storage & Peripherals 3%Broadline Retail 3%Insurance Brokers 2%Diversified Banks 2%Pharmaceuticals 1%Other holdings 73%INDUSTRIES
  • Semiconductors6.4%
  • Systems Software4.5%
  • Interactive Media & Services4.1%
  • Technology Hardware, Storage & Peripherals3.3%
  • Broadline Retail2.8%
  • Insurance Brokers2.3%
  • Diversified Banks1.8%
  • Pharmaceuticals1.4%
  • Other holdings73.5%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$NVDANVIDIA Corporation65.3M$11.6B-1.88M4.9%
$MSFTMicrosoft Corporation25.5M$10.7B-1.6M4.5%
$AAPLApple Inc30.3M$7.85B+3.42M3.3%
$GOOGAlphabet Inc. Class C Capital Stock23.4M$6.95B-1.78M2.9%
$AMZNAmazon.com Inc26M$6.57B-2.43M2.8%
$JPMJP Morgan Chase & Co14.7M$4.33B-857K1.8%
$AVGOBroadcom Inc8.98M$3.42B+913K1.4%
$JNJJohnson & Johnson13.4M$3.32B-2.95M1.4%
$CIThe Cigna Group11.6M$3.11B-210K1.3%
$XOMExxonMobil Holdings Corporation17.9M$3.05B-1.33M1.3%

…and 345 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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