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Livermore
Livermore
ZHEN

Massachusetts Financial Services Co

SEC CIK
0000912938
Latest filing
Aug 3, 2026

The latest 13F from Massachusetts Financial Services Co covers Q2 2026 (filed Aug 3, 2026): 1,003 long positions worth $312.6B. The top 10 holdings make up 23.2% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 4.4%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
127
Est. +$8.10B
Added
365
Est. +$20.0B
Reduced
504
Est. −$38.0B
Sold out
68
Est. −$4.66B

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    4.4%$13.7BHistory
  2. GOOGLAlphabet Inc.
    3.4%$10.5BHistory
  3. AAPLApple Inc.
    2.9%$8.93BHistory
  4. AMZNAmazon Com Inc
    2.8%$8.85BHistory
  5. MSFTMicrosoft Corp
    2.8%$8.76BHistory

Share of portfolio

Top 5 holdings and the other 998 positions, by share of portfolio value

  1. NVDA4.4%
  2. GOOGL3.4%
  3. AAPL2.9%
  4. AMZN2.8%
  5. MSFT2.8%
  6. Other 998 positions83.8%

Biggest buys

New and added positions, by estimated amount bought

  1. GOOGLAlphabet Inc.
    +$1.94BAddedHistory
  2. AMZNAmazon Com Inc
    +$1.69BAddedHistory
  3. MUMicron Technology Inc
    +$1.51BAddedHistory
  4. HONHoneywell International Inc
    +$1.41BNewHistory
  5. AVGOBroadcom Inc.
    +$1.40BAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. GOOGLAlphabet Inc.
    +1.02 pp2.3% → 3.4%History
  2. AMZNAmazon Com Inc
    +0.62 pp2.2% → 2.8%History
  3. AVGOBroadcom Inc.
    +0.59 pp1.2% → 1.7%History
  4. MUMicron Technology Inc
    +0.50 pp<0.1% → 0.5%History
  5. STXSeagate Technology Holdings plc
    +0.46 pp0.3% → 0.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HONHoneywell International Inc
    −$2.52BSold outHistory
  2. MSFTMicrosoft Corp
    −$2.16BReducedHistory
  3. GEGeneral Electric Co
    −$1.13BReducedHistory
  4. PGRProgressive Corp
    −$963.8MReducedHistory
  5. LRCXLam Research Corp
    −$926.9MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. HONHoneywell International Inc
    −0.85 pp0.8% → 0.0%History
  2. MSFTMicrosoft Corp
    −0.79 pp3.6% → 2.8%History
  3. ACNAccenture plc
    −0.72 pp0.9% → 0.1%History
  4. CNICanadian National Railway Co
    −0.36 pp0.4% → 0.0%History
  5. XOMExxonMobil Holdings Corp
    −0.33 pp1.0% → 0.7%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$312.6B
+$15.9B (+5.4%) vs. prior quarter
Positions
1,003
+59 vs. prior quarter
Top 10 concentration
23.2%
Top 10 as share of value
Turnover
9.2%
Q2 2026, one quarter
Average holding period
18.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $365.3B (Q4 2021)

Q1 2021: $325.3BQ2 2021: $343.3BQ3 2021: $341.8BQ4 2021: $365.3BQ1 2022: $337.4BQ2 2022: $290.1BQ3 2022: $267.4BQ4 2022: $286.4BQ1 2023: $291.9BQ2 2023: $304.4BQ3 2023: $285.4BQ4 2023: $309.3BQ1 2024: $334.3BQ2 2024: $325.2BQ3 2024: $334.6BQ4 2024: $316.7BQ1 2025: $300.8BQ2 2025: $315.1BQ3 2025: $322.8BQ4 2025: $309.9BQ1 2026: $296.8BQ2 2026: $312.6B
Q1 2021Q2 2026
13F filings of Massachusetts Financial Services Co by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 20261,003$312.6BNVDAGOOGLAAPLvs. Q1 2026SEC
Q1 2026May 14, 2026944$296.8BNVDAMSFTAAPLvs. Q4 2025SEC
Q4 2025Jan 22, 2026914$309.9BMSFTNVDAGOOGLvs. Q3 2025SEC
Q3 2025Oct 29, 2025855$322.8BMSFTNVDAAAPLvs. Q2 2025SEC
Q2 2025Aug 8, 2025884$315.1BMSFTNVDAAMZNvs. Q1 2025SEC
Q1 2025May 2, 2025880$300.8BMSFTNVDAAMZNvs. Q4 2024SEC
Q4 2024Feb 12, 2025873$316.7BMSFTNVDAGOOGLvs. Q3 2024SEC
Q3 2024Nov 12, 2024844$334.6BMSFTNVDAGOOGLvs. Q2 2024SEC
Q2 2024Aug 9, 2024859$325.2BMSFTNVDAGOOGLvs. Q1 2024SEC
Q1 2024May 14, 2024837$334.3BMSFTNVDAGOOGLvs. Q4 2023SEC
Q4 2023Feb 8, 2024831$309.3BMSFTGOOGLAAPLvs. Q3 2023SEC
Q3 2023Nov 8, 2023833$285.4BMSFTGOOGLAAPLvs. Q2 2023SEC
Q2 2023Aug 9, 2023819$304.4BMSFTGOOGLAAPLvs. Q1 2023SEC
Q1 2023May 10, 2023837$291.9BMSFTGOOGLAAPLvs. Q4 2022SEC
Q4 2022Feb 13, 2023846$286.4BMSFTGOOGLTMOvs. Q3 2022SEC
Q3 2022Nov 9, 2022849$267.4BMSFTGOOGLTMOvs. Q2 2022SEC
Q2 2022Aug 9, 2022848$290.1BMSFTGOOGLTMOvs. Q1 2022SEC
Q1 2022May 11, 2022857$337.4BMSFTGOOGLTMOvs. Q4 2021SEC
Q4 2021Feb 10, 2022884$365.3BMSFTGOOGLTMOvs. Q3 2021SEC
Q3 2021Nov 10, 2021903$341.8BMSFTGOOGLTMOvs. Q2 2021SEC
Q2 2021Aug 13, 2021902$343.3BMSFTGOOGLCMCSAvs. Q1 2021SEC
Q1 2021May 13, 2021909$325.3BMSFTCMCSAGOOGL–SEC

13D and 13G filings

Companies where Massachusetts Financial Services Co reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

10 companies, largest stake first.

Companies where Massachusetts Financial Services Co owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
CHKPCheck Point Software Technologies Ltd13G/A7.40%7.94M shares+1.70 ppfrom 5.70%Feb 11, 20216 filingsJan 28, 2026SEC
BXDCBlackstone Digital Infrastructure Trust Inc.13G6.80%6.82M sharesNewAug 12, 20261 filingAug 12, 2026SEC
ARMKAramark13G/A6.70%17.6M shares+1.60 ppfrom 5.10%Feb 13, 20252 filingsMay 14, 2025SEC
HHyatt Hotels Corp13G/A6.50%2.77M shares+1.20 ppfrom 5.30%Feb 8, 20234 filingsNov 4, 2025SEC
WTWWillis Towers Watson PLC13G/A6.40%6.48M shares–Feb 8, 20234 filingsFeb 13, 2025SEC
BCBrunswick Corp13G/A6.40%4.14M shares+1.20 ppfrom 5.20%May 14, 20252 filingsAug 12, 2026SEC
QGENQiagen N.V.13G/A6.00%12.4M shares−5.60 ppfrom 11.60%Feb 11, 20217 filingsJun 5, 2026SEC
JHXJames Hardie Industries plc13G5.90%34.3M sharesNewMay 14, 20261 filingMay 14, 2026SEC
HIWHighwoods Properties, Inc.13G5.70%6.12M sharesNewMay 14, 20251 filingMay 14, 2025SEC
TRUTransUnion13G/A5.60%10.7M shares−1.20 ppfrom 6.80%Nov 12, 20247 filingsAug 12, 2026SEC

Latest filings

328 filings on file made by Massachusetts Financial Services Co or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Massachusetts Financial Services Co
CompanyFiled (ET)FormStakeChangeEvent dateFiling
NDAQNasdaq, Inc.Aug 12, 20265:01 PM ET13G/A4.10%23.3M shares−1.00 ppfrom 5.10%Below 5%Jun 30, 2026SEC
BCBrunswick CorpAug 12, 20265:01 PM ET13G/A6.40%4.14M shares+1.20 ppfrom 5.20%Jun 30, 2026SEC
ASHAshland Inc.Aug 12, 20265:01 PM ET13G/A4.50%2.04M shares–Below 5%Jun 30, 2026SEC
TRUTransUnionAug 12, 20265:01 PM ET13G/A5.60%10.7M shares−1.20 ppfrom 6.80%Jun 30, 2026SEC
PCGPG&E CorpAug 12, 20265:01 PM ET13G/A4.70%103.9M shares−0.90 ppfrom 5.60%Below 5%Jun 30, 2026SEC
BXDCBlackstone Digital Infrastructure Trust Inc.Aug 12, 20265:01 PM ET13G6.80%6.82M sharesNewJun 30, 2026SEC
QGENQiagen N.V.Jun 5, 20263:15 PM ET13G/A6.00%12.4M shares−5.60 ppfrom 11.60%May 29, 2026SEC
JHXJames Hardie Industries plcMay 14, 20264:07 PM ET13G5.90%34.3M sharesNewMar 31, 2026SEC
WINGWingstop Inc.May 14, 20264:03 PM ET13G/A4.80%1.30M shares−0.30 ppfrom 5.10%Below 5%Mar 31, 2026SEC
THRYThryv Holdings, Inc.May 14, 20264:03 PM ET13G/A0.20%89.7K shares−6.30 ppfrom 6.50%Below 5%Mar 31, 2026SEC
BRCBBlack Rock Coffee Bar, Inc.May 14, 20264:03 PM ET13G/A3.80%661.7K shares−2.50 ppfrom 6.30%Below 5%Mar 31, 2026SEC
TRUTransUnionMay 14, 20264:03 PM ET13G/A6.80%13.1M shares−1.20 ppfrom 8.00%Mar 31, 2026SEC
SDHCSmith Douglas Homes Corp.May 14, 20264:03 PM ET13G/A3.70%322.2K shares−1.70 ppfrom 5.40%Below 5%Mar 31, 2026SEC
GWREGuidewire Software, Inc.May 14, 20264:03 PM ET13G/A3.50%3.00M shares−1.80 ppfrom 5.30%Below 5%Mar 31, 2026SEC
RYAAYRyanair Holdings PLCMay 14, 20264:03 PM ET13G/A4.70%49.5M shares−0.50 ppfrom 5.20%Below 5%Mar 31, 2026SEC
NWGNatWest Group plcMay 14, 20264:03 PM ET13G/A4.60%368.9M shares–Below 5%Mar 31, 2026SEC
NDAQNasdaq, Inc.May 14, 20264:03 PM ET13G5.10%29.1M shares–Mar 31, 2026SEC
WINGWingstop Inc.Jan 28, 20261:58 PM ET13G5.10%1.41M sharesNewDec 31, 2025SEC
THRYThryv Holdings, Inc.Jan 28, 20261:58 PM ET13G/A6.50%2.82M shares+1.10 ppfrom 5.40%Dec 31, 2025SEC
BRCBBlack Rock Coffee Bar, Inc.Jan 28, 20261:58 PM ET13G/A6.30%1.11M shares+1.00 ppfrom 5.30%Dec 31, 2025SEC