Massachusetts Wealth Management
Long book
$230.7M
Q1 2026
Positions
98
Top-10 weight
30%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsMassachusetts Wealth Management is an institutional manager, running a $230.7M US long book across 98 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: JPMORGAN ULTRA-SHORT INCOME, SS TECHNOLOGY SELECT SECTOR, EXXON MOBIL CORP, SS INDUSTRIAL SELECT SECTOR, JPMORGAN CHASE & CO.
Over the last 9 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.2%
Q2 2024
+6.1%
Q3 2024
-1.1%
Q4 2024
-0.2%
Q1 2025
+7.6%
Q2 2025
+8.3%
Q3 2025
+4.2%
Q4 2025
+3.2%
Q1 2026
+11.8%
Sector allocation
Industrials 25%
Energy 15%
Financials 15%
Technology 14%
Healthcare 13%
Consumer discretionary 7%
Consumer staples 4%
Materials 3%
Long book by quarter
What does Massachusetts Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| XOM EXXON MOBIL CORP | Energy | 44.6K | $7.6M | 3.3% | +23.6% |
| JPM JPMORGAN CHASE & CO | Financials | 20.4K | $6.0M | 2.6% | +2.5% |
| CVX CHEVRON CORP | Energy | 28.5K | $5.9M | 2.6% | +41.0% |
| C CITIGROUP INC | Financials | 51.5K | $5.8M | 2.5% | +0.5% |
| COP CONOCOPHILLIPS | Energy | 43.3K | $5.7M | 2.5% | +49.4% |
| AAPL APPLE INC | Technology | 21.6K | $5.5M | 2.4% | -0.4% |
| GEV GE VERNOVA INC | Industrials | 6.1K | $5.3M | 2.3% | +0.4% |
| SLB SLB LTD | Energy | 89.9K | $4.6M | 2.0% | +85.0% |
| CAT CATERPILLAR INC | Industrials | 6.1K | $4.4M | 1.9% | -3.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 17.8K | $4.3M | 1.9% | +1.0% |
| GE GENERAL ELECTRIC | Industrials | 14.7K | $4.2M | 1.8% | -0.3% |
| WMT WALMART INC | Consumer discretionary | 30.7K | $3.8M | 1.7% | +1.0% |
| BAC BANK OF AMERICA CORP | Financials | 75.6K | $3.7M | 1.6% | +0.5% |
| MSFT MICROSOFT CORP | Technology | 9.7K | $3.6M | 1.6% | +1.2% |
| NVDA NVIDIA CORP | Technology | 19.1K | $3.3M | 1.4% | -4.0% |
| GLW CORNING INC | Industrials | 23.5K | $3.2M | 1.4% | +0.9% |
| FCX FREEPORT-MCMORAN INC | Materials | 53.2K | $3.1M | 1.4% | +778.9% |
| PFE PFIZER INC | Healthcare | 110.0K | $3.1M | 1.3% | +2.2% |
| DE DEERE & CO | Industrials | 5.1K | $2.9M | 1.2% | -0.3% |
| MRK MERCK & CO. INC. | Healthcare | 23.6K | $2.8M | 1.2% | +2.6% |
| MU MICRON TECHNOLOGY INC | Technology | 8.2K | $2.8M | 1.2% | -5.4% |
| LLY ELI LILLY & CO | Healthcare | 3.0K | $2.8M | 1.2% | +1.7% |
| STT STATE STREET CORP | Financials | 21.7K | $2.7M | 1.2% | +0.3% |
| KO COCA-COLA CO/THE | Consumer staples | 35.7K | $2.7M | 1.2% | +0.4% |
| WFC WELLS FARGO & CO | Financials | 33.0K | $2.6M | 1.1% | Held |
| CMI CUMMINS INC | Industrials | 4.9K | $2.6M | 1.1% | -1.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.6K | $2.6M | 1.1% | +1.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 19.7K | $2.6M | 1.1% | -0.5% |
| TT TRANE TECHNOLOGIES PLC | Technology | 6.0K | $2.5M | 1.1% | -0.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.2K | $2.5M | 1.1% | +0.8% |
| GOOG ALPHABET INC-CL C | Technology | 8.2K | $2.3M | 1.0% | +1.3% |
| MMM 3M CO | Healthcare | 15.4K | $2.2M | 1.0% | +1.0% |
| AMGN AMGEN INC | Healthcare | 6.3K | $2.2M | 1.0% | +0.9% |
| IR INGERSOLL-RAND INC | Industrials | 27.5K | $2.2M | 1.0% | +0.2% |
| PEP PEPSICO INC | Consumer staples | 14.0K | $2.2M | 0.9% | +1.7% |
| ITW ILLINOIS TOOL WORKS | Industrials | 7.9K | $2.1M | 0.9% | -0.4% |
| ABBV ABBVIE INC | Healthcare | 9.3K | $2.0M | 0.9% | -1.2% |
| KTB KONTOOR BRANDS INC | Other | 28.8K | $2.0M | 0.9% | +1.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 9.3K | $1.9M | 0.8% | +1.8% |
| HD HOME DEPOT INC | Consumer discretionary | 5.5K | $1.8M | 0.8% | +0.6% |
| BKR BAKER HUGHES CO | Industrials | 28.6K | $1.7M | 0.8% | +5.6% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 6.1K | $1.7M | 0.8% | +1.1% |
| HAL HALLIBURTON CO | Energy | 41.5K | $1.6M | 0.7% | +5.1% |
| CSX CSX CORP | Industrials | 39.0K | $1.6M | 0.7% | +2.2% |
| UNP UNION PACIFIC CORP | Industrials | 6.5K | $1.6M | 0.7% | +2.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 11.0K | $1.6M | 0.7% | +2.0% |
| RTX RTX CORP | Industrials | 8.0K | $1.5M | 0.7% | -3.0% |
| META META PLATFORMS INC-CLASS A | Technology | 2.6K | $1.5M | 0.6% | +0.6% |
| VMC VULCAN MATERIALS CO | Materials | 5.3K | $1.4M | 0.6% | -1.7% |
| HSY HERSHEY CO/THE | Consumer staples | 6.3K | $1.3M | 0.6% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 98 | $230.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 93 | $214.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 96 | $201.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 94 | $177.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 83 | $145.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 90 | $162.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 88 | $158.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 93 | $149.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 91 | $141.9M | canonical | SEC ↗ |
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