Investor Alert: MFS Co's Q4 2022 vs. Q1 2023 13F Holdings Comparison

Have you ever wondered how investment companies make their decisions about which assets to acquire and which to sell? The Securities and Exchange Commission (SEC) mandates that all investment managers with a portfolio worth over $100 million must file a disclosure document known as a Form 13F. This report must detail all of the holdings in the fund's portfolio at the end of each quarter.

In this article, we will be using the 13F filings of Massachusetts Financial Services Co (MFS Co) to analyze the changes in their holdings from Q4 2022 to Q1 2023. MFS Co is a Boston-based investment management firm that currently manages over $800 billion in assets.

MFS Co's Q4 2022 Holdings

In Q4 2022, MFS Co held a total of 50 different stocks, with a total value of approximately $80.6 billion. In terms of sectors, their largest holdings were in technology (32%), healthcare (14%), and finance (12%).

Their largest holding was in Boston Scientific Corp (BSX), a medical equipment company, with 81,983,878 shares worth $3.79 billion. This was followed by Canadian National Railway Co (CNR.TO), a transportation and logistics company, with 21,011,053 shares worth $2.50 billion. Rounding out their top three holdings was Comcast Corp New (CMCSA), a telecommunications conglomerate, with 102,905,676 shares worth $3.60 billion.

MFS Co's Q1 2023 Holdings

Moving on to Q1 2023, MFS Co's total holdings decreased slightly to 49, with a total value of approximately $80 billion. Their largest holdings remained relatively stable, with only a few changes in share counts.

Their largest holding was still Boston Scientific Corp (BSX), with a slightly decreased share count of 79,533,631, but with an increased value of $3.98 billion. This was followed by Canadian National Railway Co (CNR.TO), with a decreased share count of 20,672,499, and a decreased value of $2.44 billion. Rounding out their top three holdings was Comcast Corp New (CMCSA), with an increased share count of 101,961,283 and an increased value of $3.87 billion.

Changes in Holdings

Looking at the changes in holdings between the two quarters, MFS Co increased their holdings in some stocks while decreasing in others. Their largest increase in holdings was in NVIDIA Corporation (NVDA), a technology company specializing in graphics processing units, with an increase of 1,053,846 shares worth $1.02 billion. The largest decrease in holdings was in Cigna Group (CI), a healthcare services company, with a decrease of 177,723 shares worth $1.06 billion.

Conclusion

In conclusion, MFS Co's holdings between Q4 2022 and Q1 2023 remained relatively stable. While they made some changes in their holdings, their largest positions remained the same. Analyzing these 13F filings can help investors get a glimpse into the minds of highly successful investment managers and can also aid them in making informed investment decisions.