Managers / Q1 2025 · view latest →
Massachusetts Wealth Management
CIK 0001966011 · 807 TURNPIKE STREET, NORTH ANDOVER, MA, 01845 · 978-685-1050
Reported Value
$146M
Q1 2025
Positions
83
Filings on Record
14
2019–present window
Filed
Apr 17, 2025
original filing
Summary
Massachusetts Wealth Management reported $146M in U.S.-listed holdings across 83 positions for Q1 2025.
Its largest position, XLF, represents 17.3% of the portfolio.
Compared with Q4 2024, the fund opened 3 new positions and exited 10.
Portfolio Metrics
Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+42.4%
share of reported value
Largest Position
+17.3%
Select Sector Spdr Tr
New / Exited
3 / 10
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 69.7% · $102M
- ETP · 28.4% · $41M
- Other · 1.9% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +25.1K | 25.1K | +$2M | $2M |
| VRTXVERTEX PHARMACEUTICALS INC | NEW | +597 | 597 | +$289,438 | $289,438 |
| GSGOLDMAN SACHS GROUP INC | NEW | +375 | 375 | +$204,859 | $204,859 |
| AAPLAPPLE INC | SOLD OUT | −23.1K | 0 | −$6M | $0 |
| BACBANK AMERICA CORP | SOLD OUT | −72.1K | 0 | −$3M | $0 |
| NDQINVESCO QQQ TR | SOLD OUT | −4.8K | 0 | −$2M | $0 |
| BRK/BBERKSHIRE HATHAWAY INC DEL | SOLD OUT | −4.9K | 0 | −$2M | $0 |
| AMGNAMGEN INC | SOLD OUT | −7.0K | 0 | −$2M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
72 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | XLFSELECT SECTOR SPDR TR | TECHNOLOGY · FINANCIAL · INDL · ENERGY · SBI HEALTHCARE · SBI CONS STPLS · SBI MATERIALS | 17.28% | $25M | 244.2K |
| 2 | ISHARES TR | EXPANDED TECH · US AER DEF ETF · U.S. PHARMA ETF · US TRSPRTION · ISHARES BIOTECH | 3.98% | $6M | 66.3K |
| 3 | JPMJPMORGAN CHASE & CO.history → | COM | 3.50% | $5M | 20.8K |
| 4 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 3.28% | $5M | 60.6K |
| 5 | EXMOCEXXON MOBIL CORPhistory → | COM | 3.03% | $4M | 37.1K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 2.50% | $4M | 9.7K |
| 7 | TRVCCITIGROUP INChistory → | COM NEW | 2.43% | $4M | 49.9K |
| 8 | CHVCHEVRON CORP NEWhistory → | COM | 2.32% | $3M | 20.3K |
| 9 | COPCONOCOPHILLIPShistory → | COM | 2.09% | $3M | 29.1K |
| 10 | GE AEROSPACE | COM NEW | 2.00% | $3M | 14.6K |
| 11 | JNJJOHNSON & JOHNSONhistory → | COM | 1.95% | $3M | 17.2K |
| 12 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 1.75% | $3M | 2.7K |
| 13 | KOCOCA COLA COhistory → | COM | 1.70% | $2M | 34.7K |
| 14 | WMTWALMART INChistory → | COM | 1.66% | $2M | 27.6K |
| 15 | DEDEERE & COhistory → | COM | 1.62% | $2M | 5.0K |
| 16 | NVDANVIDIA CORPORATIONhistory → | COM | 1.61% | $2M | 21.7K |
| 17 | PFEPFIZER INChistory → | COM | 1.60% | $2M | 92.2K |
| 18 | WFCWELLS FARGO CO NEWhistory → | COM | 1.58% | $2M | 32.1K |
| 19 | MMM3M COhistory → | COM | 1.52% | $2M | 15.1K |
| 20 | VANGUARD BD INDEX FDS | SHORT TRM BOND | 1.52% | $2M | 28.4K |
| 21 | IRINGERSOLL RAND INChistory → | COM | 1.52% | $2M | 27.7K |
| 22 | LLYELI LILLY & COhistory → | COM | 1.48% | $2M | 2.6K |
| 23 | EMREMERSON ELEC COhistory → | COM | 1.43% | $2M | 19.0K |
| 24 | TRANE TECHNOLOGIES PLC | SHS | 1.42% | $2M | 6.1K |
| 25 | SLBSCHLUMBERGER LTDhistory → | COM STK | 1.42% | $2M | 49.4K |
| 26 | ABBVABBVIE INChistory → | COM | 1.41% | $2M | 9.8K |
| 27 | CATCATERPILLAR INChistory → | COM | 1.39% | $2M | 6.1K |
| 28 | PEPPEPSICO INChistory → | COM | 1.37% | $2M | 13.3K |
| 29 | MRKMERCK & CO INChistory → | COM | 1.35% | $2M | 21.9K |
| 30 | HDHOME DEPOT INChistory → | COM | 1.34% | $2M | 5.3K |
| 31 | INVESCO EXCHANGE TRADED FD T | BIOTECHNOLOGY · S&P500 EQL WGT | 1.33% | $2M | 22.7K |
| 32 | STTSTATE STR CORPhistory → | COM | 1.29% | $2M | 21.0K |
| 33 | ITWILLINOIS TOOL WKS INChistory → | COM | 1.28% | $2M | 7.5K |
| 34 | GEVGE VERNOVA INChistory → | COM | 1.26% | $2M | 6.0K |
| 35 | PGPROCTER AND GAMBLE COhistory → | COM | 1.24% | $2M | 10.6K |
| 36 | UNPUNION PAC CORPhistory → | COM | 1.02% | $1M | 6.3K |
| 37 | CMICUMMINS INChistory → | COM | 1.01% | $1M | 4.7K |
| 38 | NSCNORFOLK SOUTHN CORP | COM | 0.95% | $1M | 5.9K |
| 39 | METAMETA PLATFORMS INC | CL A | 0.90% | $1M | 2.3K |
| 40 | CARRCARRIER GLOBAL CORPORATION | COM | 0.90% | $1M | 20.6K |
| 41 | VMCVULCAN MATLS CO | COM | 0.90% | $1M | 5.6K |
| 42 | BKRBAKER HUGHES COMPANY | CL A | 0.89% | $1M | 29.4K |
| 43 | SHWSHERWIN WILLIAMS CO | COM | 0.84% | $1M | 3.5K |
| 44 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.83% | $1M | 4.9K |
| 45 | CLCOLGATE PALMOLIVE CO | COM | 0.81% | $1M | 12.6K |
| 46 | GISGENERAL MLS INC | COM | 0.80% | $1M | 19.5K |
| 47 | SPDR S&P 500 ETF TR | TR UNIT | 0.79% | $1M | 2.1K |
| 48 | GOOGALPHABET INC | CAP STK CL C | 0.78% | $1M | 7.2K |
| 49 | KELKELLANOVA | COM | 0.76% | $1M | 13.4K |
| 50 | HALHALLIBURTON CO | COM | 0.76% | $1M | 43.6K |
| 51 | CSXCSX CORP | COM | 0.74% | $1M | 36.7K |
| 52 | GEHCGE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 0.74% | $1M | 13.4K |
| 53 | GLWCORNING INC | COM | 0.71% | $1M | 22.7K |
| 54 | HSYHERSHEY CO | COM | 0.70% | $1M | 6.0K |
| 55 | MUMICRON TECHNOLOGY INC | COM | 0.55% | $797,476 | 9.2K |
| 56 | QCOMQUALCOMM INC | COM | 0.52% | $760,062 | 4.9K |
| 57 | UBS GROUP AG | SHS | 0.44% | $645,680 | 21.1K |
| 58 | SWXSOUTHWEST GAS HLDGS INC | COM | 0.39% | $564,707 | 7.9K |
| 59 | TSLATESLA INC | COM | 0.34% | $493,959 | 1.9K |
| 60 | PEGPUBLIC SVC ENTERPRISE GRP IN | COM | 0.28% | $411,500 | 5.0K |
| 61 | BIIBBIOGEN INC | COM | 0.26% | $377,542 | 2.8K |
| 62 | FDXFEDEX CORP | COM | 0.22% | $316,914 | 1.3K |
| 63 | SPDR SER TR | S&P OILGAS EXP | 0.21% | $308,860 | 2.3K |
| 64 | DOWDOW INC | COM | 0.20% | $291,338 | 8.3K |
| 65 | FCXFREEPORT-MCMORAN INC | CL B | 0.20% | $290,273 | 7.7K |
| 66 | VRTXVERTEX PHARMACEUTICALS INC | COM | 0.20% | $289,438 | 597 |
| 67 | VVISA INC | COM CL A | 0.19% | $280,008 | 799 |
| 68 | UPSUNITED PARCEL SERVICE INC | CL B | 0.16% | $230,429 | 2.1K |
| 69 | UNHUNITEDHEALTH GROUP INC | COM | 0.15% | $213,166 | 407 |
| 70 | GSGOLDMAN SACHS GROUP INC | COM | 0.14% | $204,859 | 375 |
| 71 | DWDMORGAN STANLEY | COM NEW | 0.14% | $204,406 | 1.8K |
| 72 | ORCLORACLE CORP | COM | 0.14% | $202,724 | 1.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $231M | 98 | Apr 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $215M | 93 | Jan 26, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $202M | 96 | Oct 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $177M | 94 | Jul 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $146M | 83 | Apr 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $162M | 90 | Jan 27, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $159M | 88 | Oct 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $149M | 93 | Aug 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $142M | 91 | Apr 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $124M | 88 | Jan 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $109M | 85 | Oct 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $105M | 82 | Aug 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $97M | 80 | Apr 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $104M | 80 | Feb 17, 2023 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.