Massachusetts Wealth Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Massachusetts Wealth Management reported 90 stock positions worth $162.0 million. Its top holding was SS Technology Select Sector (XLK) at 5.6% of the portfolio, followed by Apple (AAPL, 3.6%) and JPMorgan Chase (JPM, 3.2%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 41 and reduced 32. The biggest buy was Baker Hughes (BKR, shares +230%) and the biggest sale Amgen (AMGN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- NORTH ANDOVER, MA
- CIK
- 0001966011
- Portfolio Value
- $162.0M (Q4 2024)
- SEC Filing
- 0001085146-25-000507 ↗ filed Jan 27, 2025
Holdings Value
Holdings 90 stocks · $162.0M
| XLK SS Technology Select Sector | 5.60% | 39,004 | $9.1M | Add +4.3% |
| AAPL Apple Inc. | 3.58% | 23,127 | $5.8M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 3.18% | 21,494 | $5.2M | Reduce -0.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.88% | 59,872 | $4.7M | Add +0.8% |
| MSFT Microsoft Corp. | 2.55% | 9,809 | $4.1M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 2.55% | 38,345 | $4.1M | Add +6.5% |
| XLF SS Financial Select Sector | 2.38% | 79,931 | $3.9M | Add +20.4% |
| XLI SS Industrial Select Sector | 2.25% | 27,646 | $3.6M | Add +22.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.96% | 72,062 | $3.2M | Add +3.5% |
| C Citigroup Inc. | 1.89% | 43,507 | $3.1M | Add +6.3% |
| CVX Chevron Corp. | 1.84% | 20,588 | $3.0M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.84% | 22,137 | $3.0M | Add +0.2% |
| COP Conocophillips | 1.81% | 29,508 | $2.9M | Reduce -1.3% |
| XLE SS Energy Select Sector | 1.75% | 33,136 | $2.8M | Add +0.5% |
| GE General Electric filed as GE AEROSPACE | 1.58% | 15,382 | $2.6M | Add +4.4% |
| IR Ingersoll-Rand Inc. | 1.58% | 28,243 | $2.6M | No change |
| JNJ Johnson & Johnson | 1.57% | 17,622 | $2.5M | Reduce -1.3% |
| COST Costco Wholesale Corp. | 1.56% | 2,757 | $2.5M | No change |
| WMT Walmart Inc. | 1.54% | 27,604 | $2.5M | Add +3.0% |
| PFE Pfizer Inc. | 1.53% | 93,398 | $2.5M | Reduce -2.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.52% | 4,802 | $2.5M | Reduce -0.3% |
| XLV SS Health Care Select Sector | 1.51% | 17,781 | $2.4M | Add +8.3% |
| TT Trane Technologies PLC | 1.46% | 6,390 | $2.4M | Add +2.0% |
| CAT Caterpillar Inc. | 1.45% | 6,457 | $2.3M | No change |
| EMR Emerson Electric Co. | 1.41% | 18,486 | $2.3M | Add +2.6% |
| WFC Wells Fargo & Co. | 1.41% | 32,477 | $2.3M | Add +3.9% |
| MRK Merck & Co. Inc. | 1.38% | 22,449 | $2.2M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.36% | 4,870 | $2.2M | Add +1.0% |
| DE Deere & Co. | 1.34% | 5,127 | $2.2M | Add +0.5% |
| KO The Coca-Cola Co. | 1.34% | 34,756 | $2.2M | Add +0.4% |
| HD Home Depot Inc. | 1.31% | 5,465 | $2.1M | Reduce -1.4% |
| STT State Street Corp. | 1.30% | 21,484 | $2.1M | Reduce -0.1% |
| PEP Pepsico Inc. | 1.27% | 13,581 | $2.1M | Add +0.7% |
| BSV Vanguard Short-Term Bond ETF | 1.26% | 26,339 | $2.0M | Reduce -1.8% |
| XLP SS Consumer Staples Sel Sect | 1.23% | 25,392 | $2.0M | Add +6.0% |
| LLY Eli Lilly & Co. | 1.22% | 2,570 | $2.0M | Add +0.4% |
| ITW Illinois Tool Works | 1.21% | 7,724 | $2.0M | Add +0.7% |
| MMM 3M Co. | 1.19% | 14,974 | $1.9M | Add +1.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.18% | 49,742 | $1.9M | Add +0.6% |
| GEV GE Vernova Inc. | 1.14% | 5,620 | $1.8M | Add +9.8% |
| AMGN Amgen Inc. | 1.13% | 7,043 | $1.8M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 1.13% | 8,330 | $1.8M | Add +4.4% |
| PG The Procter & Gamble Co. | 1.13% | 10,891 | $1.8M | No change |
| ABBV Abbvie Inc. | 1.09% | 9,966 | $1.8M | Reduce -0.5% |
| CMI Cummins Inc. | 1.04% | 4,812 | $1.7M | Add +0.6% |
| VMC Vulcan Materials Co. | 0.91% | 5,700 | $1.5M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.90% | 6,417 | $1.5M | Reduce -0.8% |
| NSC Norfolk Southern Corp. | 0.87% | 5,996 | $1.4M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.82% | 6,976 | $1.3M | Add +12.5% |
| META Meta Platforms Inc. Class A | 0.80% | 2,222 | $1.3M | Add +0.7% |
| CARR Carrier Global Corp. | 0.79% | 18,825 | $1.3M | Add +7.3% |
| GIS General Mills Inc. | 0.78% | 19,759 | $1.3M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.77% | 2,125 | $1.2M | No change |
| PBE Invesco Biotechnology & Geno | 0.76% | 18,414 | $1.2M | Add +1.3% |
| SHW The Sherwin-Williams Co. | 0.75% | 3,595 | $1.2M | Reduce -1.4% |
| BKR Baker Hughes Co. | 0.75% | 29,475 | $1.2M | Add +230.3% |
| CSX CSX Corp. | 0.74% | 37,360 | $1.2M | Reduce -0.7% |
| HAL Halliburton Co. | 0.73% | 43,675 | $1.2M | Add +180.9% |
| CL Colgate-Palmolive Co. | 0.72% | 12,847 | $1.2M | Reduce -3.8% |
| ITA iShares U.S. Aerospace & Def | 0.72% | 7,992 | $1.2M | Add +19.6% |
| K Kellanova | 0.68% | 13,583 | $1.1M | Reduce -0.6% |
| GLW Corning Inc. | 0.68% | 23,100 | $1.1M | Reduce -0.4% |
| IYT iShares US Transportation Et | 0.67% | 16,058 | $1.1M | Add +5.4% |
| GEHC GE Healthcare Technology | 0.65% | 13,468 | $1.1M | Add +0.8% |
| HSY The Hershey Co. | 0.63% | 6,007 | $1.0M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 4,410 | $969K | Add +17.3% |
| RTX RTX Corp. | 0.59% | 8,251 | $955K | Add +0.9% |
| IHE iShares US Pharmaceuticals E | 0.59% | 14,460 | $950K | Reduce -0.6% |
| TSLA Tesla Inc. | 0.47% | 1,900 | $767K | Add +32.9% |
| MU Micron Technology Inc. | 0.47% | 8,953 | $753K | No change |
| QCOM Qualcomm Inc. | 0.45% | 4,773 | $733K | Reduce -1.6% |
| BA The Boeing Co. | 0.42% | 3,855 | $682K | Reduce -8.9% |
| UBS UBS Group AG-Reg | 0.39% | 21,080 | $639K | Reduce -8.7% |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 3,544 | $621K | Add +24.3% |
| SWX Southwest Gas Holdings Inc. | 0.35% | 7,915 | $560K | No change |
| PEG Public Service Enterprise GP | 0.27% | 5,100 | $431K | Reduce -2.9% |
| BIIB Biogen Inc. | 0.26% | 2,740 | $419K | Reduce -4.7% |
| FDX FedEx Corp. | 0.23% | 1,330 | $374K | No change |
| DOW Dow Inc. | 0.23% | 9,316 | $374K | Reduce -2.6% |
| FCX Freeport-McMoran Inc. | 0.21% | 8,842 | $337K | Reduce -4.3% |
| XOP SS SPDR S&P Og Exp & Prod | 0.18% | 2,235 | $296K | New |
| UPS United Parcel Service Class B | 0.18% | 2,320 | $293K | Reduce -1.1% |
| IBB iShares Biotechnology ETF | 0.17% | 2,045 | $270K | New |
| XLB SS Materials Select Sector | 0.16% | 3,005 | $253K | Add +11.7% |
| AVGO Broadcom Inc. | 0.16% | 1,090 | $253K | New |
| V Visa Inc. Class A | 0.16% | 799 | $253K | No change |
| ORCL Oracle Corp. | 0.15% | 1,450 | $242K | No change |
| UNH Unitedhealth Group Inc. | 0.14% | 457 | $231K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.14% | 2,550 | $219K | Reduce -19.1% |
| MS Morgan Stanley | 0.12% | 1,602 | $201K | New |
Portfolio Sells Q3 2024 → Q4 2024
| AMGN Amgen Inc. | Reduce -0.3% | 1.13% | −0.30 |
| JNJ Johnson & Johnson | Reduce -1.3% | 1.57% | −0.25 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 1.38% | −0.23 |
| PFE Pfizer Inc. | Reduce -2.9% | 1.53% | −0.23 |
| COP Conocophillips | Reduce -1.3% | 1.81% | −0.18 |
| ABBV Abbvie Inc. | Reduce -0.5% | 1.09% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -3.8% | 0.72% | −0.15 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.14 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.14 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.55% | −0.13 |
| SHW The Sherwin-Williams Co. | Reduce -1.4% | 0.75% | −0.12 |
| HD Home Depot Inc. | Reduce -1.4% | 1.31% | −0.10 |
| UNP Union Pacific Corp. | Reduce -0.8% | 0.90% | −0.10 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -19.1% | 0.14% | −0.10 |
| DOW Dow Inc. | Reduce -2.6% | 0.23% | −0.10 |
| BIIB Biogen Inc. | Reduce -4.7% | 0.26% | −0.09 |
| CVX Chevron Corp. | Reduce -1.0% | 1.84% | −0.09 |
| FCX Freeport-McMoran Inc. | Reduce -4.3% | 0.21% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -0.4% | 0.87% | −0.07 |
| CSX CSX Corp. | Reduce -0.7% | 0.74% | −0.07 |
| BSV Vanguard Short-Term Bond ETF | Reduce -1.8% | 1.26% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -1.6% | 0.45% | −0.07 |
| IHE iShares US Pharmaceuticals E | Reduce -0.6% | 0.59% | −0.06 |
| UBS UBS Group AG-Reg | Reduce -8.7% | 0.39% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -2.9% | 0.27% | −0.03 |
| UPS United Parcel Service Class B | Reduce -1.1% | 0.18% | −0.02 |
| K Kellanova | Reduce -0.6% | 0.68% | −0.02 |
| VMC Vulcan Materials Co. | Reduce -0.9% | 0.91% | −0.00 |
| BA The Boeing Co. | Reduce -8.9% | 0.42% | +0.02 |
| GLW Corning Inc. | Reduce -0.4% | 0.68% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.3% | 1.52% | +0.03 |
| STT State Street Corp. | Reduce -0.1% | 1.30% | +0.10 |
| AAPL Apple Inc. | Reduce -0.9% | 3.58% | +0.15 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 3.18% | +0.30 |
Portfolio Buys Q3 2024 → Q4 2024
| BKR Baker Hughes Co. | Add +230.3% | 0.75% | +0.54 |
| XLF SS Financial Select Sector | Add +20.4% | 2.38% | +0.49 |
| HAL Halliburton Co. | Add +180.9% | 0.73% | +0.45 |
| GEV GE Vernova Inc. | Add +9.8% | 1.14% | +0.32 |
| XLI SS Industrial Select Sector | Add +22.0% | 2.25% | +0.31 |
| WFC Wells Fargo & Co. | Add +3.9% | 1.41% | +0.30 |
| C Citigroup Inc. | Add +6.3% | 1.89% | +0.28 |
| XLK SS Technology Select Sector | Add +4.3% | 5.60% | +0.27 |
| TSLA Tesla Inc. | Add +32.9% | 0.47% | +0.24 |
| BAC Bank of America Corp. | Add +3.5% | 1.96% | +0.21 |
| AMZN Amazon.com Inc. | Add +4.4% | 1.13% | +0.19 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.18% | +0.18 |
| WMT Walmart Inc. | Add +3.0% | 1.54% | +0.17 |
| EMR Emerson Electric Co. | Add +2.6% | 1.41% | +0.17 |
| IBB iShares Biotechnology ETF | New | 0.17% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +12.5% | 0.82% | +0.17 |
| AVGO Broadcom Inc. | New | 0.16% | +0.16 |
| NVDA Nvidia Corp. | Add +0.2% | 1.84% | +0.14 |
| MS Morgan Stanley | New | 0.12% | +0.12 |
| ITA iShares U.S. Aerospace & Def | Add +19.6% | 0.72% | +0.09 |
| IBM Intl Business Machines Corp. | Add +17.3% | 0.60% | +0.07 |
| RSP Invesco S&P 500 Equal Weight | Add +24.3% | 0.38% | +0.06 |
| CMI Cummins Inc. | Add +0.6% | 1.04% | +0.06 |
| IYT iShares US Transportation Et | Add +5.4% | 0.67% | +0.01 |
| META Meta Platforms Inc. Class A | Add +0.7% | 0.80% | +0.01 |
| DE Deere & Co. | Add +0.5% | 1.34% | −0.00 |
| XLB SS Materials Select Sector | Add +11.7% | 0.16% | −0.01 |
| XLP SS Consumer Staples Sel Sect | Add +6.0% | 1.23% | −0.02 |
| RTX RTX Corp. | Add +0.9% | 0.59% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.0% | 1.36% | −0.04 |
| PBE Invesco Biotechnology & Geno | Add +1.3% | 0.76% | −0.04 |
| ITW Illinois Tool Works | Add +0.7% | 1.21% | −0.06 |
| XLE SS Energy Select Sector | Add +0.5% | 1.75% | −0.07 |
| MMM 3M Co. | Add +1.9% | 1.19% | −0.07 |
| TT Trane Technologies PLC | Add +2.0% | 1.46% | −0.08 |
| XLV SS Health Care Select Sector | Add +8.3% | 1.51% | −0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +0.8% | 2.88% | −0.09 |
| CARR Carrier Global Corp. | Add +7.3% | 0.79% | −0.10 |
| XOM Exxon Mobil Corp. | Add +6.5% | 2.55% | −0.12 |
| SLB SLB Ltd. | Add +0.6% | 1.18% | −0.13 |
| GEHC GE Healthcare Technology | Add +0.8% | 0.65% | −0.14 |
| GE General Electric | Add +4.4% | 1.58% | −0.17 |
| PEP Pepsico Inc. | Add +0.7% | 1.27% | −0.17 |
| LLY Eli Lilly & Co. | Add +0.4% | 1.22% | −0.21 |
| KO The Coca-Cola Co. | Add +0.4% | 1.34% | −0.23 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 98 | $262.5M | JPST, XLK, MU, XLI, GEV |
| Q1 2026 | 98 | $230.7M | JPST, XLK, XOM, XLI, JPM |
| Q4 2025 | 93 | $214.9M | XLK, JPST, JPM, C, XLI |
| Q3 2025 | 96 | $201.5M | XLK, JPM, XLI, AAPL, XLF |
| Q2 2025 | 94 | $177.3M | XLK, JPM, XLI, MSFT, XLF |
| Q1 2025 | 83 | $145.8M | XLK, JPM, VCSH, XLF, XOM |
| Q4 2024 | 90 | $162.0M | XLK, AAPL, JPM, VCSH, MSFT |
| Q3 2024 | 88 | $158.6M | XLK, AAPL, VCSH, JPM, MSFT |
| Q2 2024 | 93 | $149.0M | XLK, AAPL, VCSH, JPM, MSFT |
| Q1 2024 | 91 | $141.9M | XLK, JPM, XOM, MSFT, COP |