Latest Massachusetts Wealth Management Stock Portfolio
Massachusetts Wealth Management Performance:
2024 Q3: 4.63%YTD: 12.48%2023: 4.37%
Performance for 2024 Q3 is 4.63%, and YTD is 12.48%, and 2023 is 4.37%.
About Massachusetts Wealth Management and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Massachusetts Wealth Management reported an equity portfolio of $158.6 Millions as of 30 Sep, 2024.
The top stock holdings of Massachusetts Wealth Management are XLB, AAPL, BNDW. The fund has invested 5.3% of it's portfolio in SELECT SECTOR SPDR TR and 3.4% of portfolio in APPLE INC.
The fund managers got completely rid off CVS HEALTH CORP (CVS), TORONTO DOMINION BK ONT and VERIZON COMMUNICATIONS INC (VZ) stocks. They significantly reduced their stock positions in UNITED PARCEL SERVICE INC (UPS), UBS GROUP AG and DOW INC (DOW). Massachusetts Wealth Management opened new stock positions in MICRON TECHNOLOGY INC (MU), INTERNATIONAL BUSINESS MACHS (IBM) and QUALCOMM INC (QCOM). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC (GOOG), META PLATFORMS INC (META) and AMAZON COM INC (AMZN).
The top stock holdings of Massachusetts Wealth Management are XLB, AAPL, BNDW. The fund has invested 5.3% of it's portfolio in SELECT SECTOR SPDR TR and 3.4% of portfolio in APPLE INC.
The fund managers got completely rid off CVS HEALTH CORP (CVS), TORONTO DOMINION BK ONT and VERIZON COMMUNICATIONS INC (VZ) stocks. They significantly reduced their stock positions in UNITED PARCEL SERVICE INC (UPS), UBS GROUP AG and DOW INC (DOW). Massachusetts Wealth Management opened new stock positions in MICRON TECHNOLOGY INC (MU), INTERNATIONAL BUSINESS MACHS (IBM) and QUALCOMM INC (QCOM). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC (GOOG), META PLATFORMS INC (META) and AMAZON COM INC (AMZN).
Massachusetts Wealth Management Annual Return Estimates Vs S&P 500
Our best estimate is that Massachusetts Wealth Management made a return of 4.63% in the last quarter. In trailing 12 months, it's portfolio return was 19.46%.
New Buys
| Ticker | $ Bought |
|---|---|
| micron technology inc | 928,516 |
| international business machs | 831,261 |
| qualcomm inc | 824,402 |
| allegion plc | 221,379 |
New stocks bought by Massachusetts Wealth Management
Additions
| Ticker | % Inc. |
|---|---|
| alphabet inc | 237 |
| meta platforms inc | 160 |
| amazon com inc | 100 |
| corning inc | 46.84 |
| invesco exchange traded fd t | 38.47 |
| pfizer inc | 34.72 |
| nvidia corporation | 28.4 |
| boeing co | 23.87 |
Additions to existing portfolio by Massachusetts Wealth Management
Reductions
| Ticker | % Reduced |
|---|---|
| united parcel service inc | -59.5 |
| ubs group ag | -54.35 |
| dow inc | -52.74 |
| freeport-mcmoran inc | -34.65 |
| halliburton co | -14.44 |
| schlumberger ltd | -13.59 |
| baker hughes company | -7.99 |
| chevron corp new | -7.98 |
Massachusetts Wealth Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| barclays plc | -290,027 |
| cvs health corp | -1,327,310 |
| verizon communications inc | -739,799 |
| at&t inc | -310,628 |
| toronto dominion bk ont | -851,495 |
| deutsche bank a g | -243,882 |
| intel corp | -319,548 |
| paypal hldgs inc | -373,829 |
Massachusetts Wealth Management got rid off the above stocks
Sector Distribution
Massachusetts Wealth Management has about 27.5% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 27.5 |
| Industrials | 18 |
| Consumer Defensive | 10.3 |
| Technology | 10.2 |
| Healthcare | 9.8 |
| Financial Services | 8.7 |
| Energy | 8.4 |
| Consumer Cyclical | 2.6 |
| Basic Materials | 2.4 |
| Communication Services | 1.5 |
Market Cap. Distribution
Massachusetts Wealth Management has about 72.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 37.4 |
| MEGA-CAP | 34.7 |
| UNALLOCATED | 27.5 |
Stocks belong to which Index?
About 72.2% of the stocks held by Massachusetts Wealth Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 72.2 |
| Others | 27.5 |
Massachusetts Wealth Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Massachusetts Wealth Management
Massachusetts Wealth Management has 88 stocks in it's portfolio. About 27.7% of the portfolio is in top 10 stocks. COP proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Massachusetts Wealth Management last quarter.
Last Reported on: 23 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 3.43 | 23,327 | 5,435,200 | added | 4.05 | ||
| AAXJ | ishares tr | 0.65 | 14,550 | 1,027,380 | reduced | -1.92 | ||
| AAXJ | ishares tr | 0.63 | 6,682 | 999,894 | added | 13.89 | ||
| ABBV | abbvie inc | 1.25 | 10,016 | 1,977,960 | reduced | -1.23 | ||
| ALLE | allegion plc | 0.14 | 1,519 | 221,379 | new | |||
| AMGN | amgen inc | 1.44 | 7,068 | 2,277,460 | reduced | -1.96 | ||
| AMZN | amazon com inc | 0.94 | 7,978 | 1,486,540 | added | 100 | ||
| BA | boeing co | 0.41 | 4,230 | 643,129 | added | 23.87 | ||
| BAC | bank america corp | 1.74 | 69,662 | 2,764,200 | reduced | -2.74 | ||
| BIIB | biogen inc | 0.35 | 2,875 | 557,290 | reduced | -0.86 | ||
| BIV | vanguard bd index fds | 1.33 | 26,820 | 2,110,470 | reduced | -1.67 | ||
| BKR | baker hughes company | 0.20 | 8,925 | 322,639 | reduced | -7.99 | ||
| BNDW | vanguard scottsdale fds | 2.97 | 59,372 | 4,715,320 | reduced | -2.66 | ||
| C | citigroup inc | 1.62 | 40,932 | 2,562,340 | added | 0.06 | ||
| CARR | carrier global corporation | 0.89 | 17,550 | 1,412,600 | added | 7.18 | ||
| CAT | caterpillar inc | 1.59 | 6,457 | 2,525,460 | added | 1.25 | ||
| CL | colgate palmolive co | 0.87 | 13,347 | 1,385,550 | reduced | -0.56 | ||
| CMI | cummins inc | 0.98 | 4,782 | 1,548,360 | added | 2.03 | ||
| COP | conocophillips | 1.99 | 29,908 | 3,148,710 | reduced | -4.7 | ||
| COST | costco whsl corp new | 1.54 | 2,757 | 2,444,140 | reduced | -1.43 | ||