Massachusetts Wealth Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Massachusetts Wealth Management reported 83 stock positions worth $145.8 million. Its top holding was SS Technology Select Sector (XLK) at 5.6% of the portfolio, followed by JPMorgan Chase (JPM, 3.5%) and Vanguard S/T Corp. Bond ETF (VCSH, 3.3%). Compared with Q4 2024, it opened 3 new positions, sold out of 10, added to 26 and reduced 50. The biggest buy was a new position in iShares Expanded Tech-Softwa (IGV) and the biggest sale an exit from Apple (AAPL).
- Most Recent 13F
- Q2 2026
- Location
- NORTH ANDOVER, MA
- CIK
- 0001966011
- Portfolio Value
- $145.8M (Q1 2025)
- SEC Filing
- 0001085146-25-002134 ↗ filed Apr 17, 2025
Holdings Value
Holdings 83 stocks · $145.8M
| XLK SS Technology Select Sector | 5.59% | 39,479 | $8.2M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 3.50% | 20,824 | $5.1M | Reduce -3.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.28% | 60,592 | $4.8M | Add +1.2% |
| XLF SS Financial Select Sector | 3.09% | 90,361 | $4.5M | Add +13.1% |
| XOM Exxon Mobil Corp. | 3.03% | 37,121 | $4.4M | Reduce -3.2% |
| XLI SS Industrial Select Sector | 2.81% | 31,276 | $4.1M | Add +13.1% |
| MSFT Microsoft Corp. | 2.50% | 9,720 | $3.6M | Reduce -0.9% |
| C Citigroup Inc. | 2.43% | 49,927 | $3.5M | Add +14.8% |
| CVX Chevron Corp. | 2.32% | 20,263 | $3.4M | Reduce -1.6% |
| XLE SS Energy Select Sector | 2.20% | 34,309 | $3.2M | Add +3.5% |
| COP Conocophillips | 2.09% | 29,088 | $3.1M | Reduce -1.4% |
| GE General Electric filed as GE AEROSPACE | 2.00% | 14,595 | $2.9M | Reduce -5.1% |
| JNJ Johnson & Johnson | 1.95% | 17,172 | $2.8M | Reduce -2.5% |
| XLV SS Health Care Select Sector | 1.93% | 19,286 | $2.8M | Add +8.5% |
| COST Costco Wholesale Corp. | 1.75% | 2,697 | $2.6M | Reduce -2.2% |
| KO The Coca-Cola Co. | 1.70% | 34,706 | $2.5M | Reduce -0.1% |
| WMT Walmart Inc. | 1.66% | 27,594 | $2.4M | Reduce -0.0% |
| DE Deere & Co. | 1.62% | 5,032 | $2.4M | Reduce -1.9% |
| NVDA Nvidia Corp. | 1.61% | 21,675 | $2.3M | Reduce -2.1% |
| PFE Pfizer Inc. | 1.60% | 92,198 | $2.3M | Reduce -1.3% |
| WFC Wells Fargo & Co. | 1.58% | 32,117 | $2.3M | Reduce -1.1% |
| IGV iShares Expanded Tech-Softwa | 1.53% | 25,090 | $2.2M | New |
| MMM 3M Co. | 1.52% | 15,124 | $2.2M | Add +1.0% |
| BSV Vanguard Short-Term Bond ETF | 1.52% | 28,367 | $2.2M | Add +7.7% |
| IR Ingersoll-Rand Inc. | 1.52% | 27,739 | $2.2M | Reduce -1.8% |
| XLP SS Consumer Staples Sel Sect | 1.49% | 26,517 | $2.2M | Add +4.4% |
| LLY Eli Lilly & Co. | 1.48% | 2,605 | $2.2M | Add +1.4% |
| EMR Emerson Electric Co. | 1.43% | 19,011 | $2.1M | Add +2.8% |
| TT Trane Technologies PLC | 1.42% | 6,135 | $2.1M | Reduce -4.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.42% | 49,417 | $2.1M | Reduce -0.7% |
| ABBV Abbvie Inc. | 1.41% | 9,831 | $2.1M | Reduce -1.4% |
| CAT Caterpillar Inc. | 1.39% | 6,147 | $2.0M | Reduce -4.8% |
| PEP Pepsico Inc. | 1.37% | 13,306 | $2.0M | Reduce -2.0% |
| MRK Merck & Co. Inc. | 1.35% | 21,899 | $2.0M | Reduce -2.5% |
| HD Home Depot Inc. | 1.34% | 5,325 | $2.0M | Reduce -2.6% |
| STT State Street Corp. | 1.29% | 21,034 | $1.9M | Reduce -2.1% |
| ITW Illinois Tool Works | 1.28% | 7,549 | $1.9M | Reduce -2.3% |
| GEV GE Vernova Inc. | 1.26% | 5,999 | $1.8M | Add +6.7% |
| PG The Procter & Gamble Co. | 1.24% | 10,607 | $1.8M | Reduce -2.6% |
| UNP Union Pacific Corp. | 1.02% | 6,267 | $1.5M | Reduce -2.3% |
| CMI Cummins Inc. | 1.01% | 4,722 | $1.5M | Reduce -1.9% |
| NSC Norfolk Southern Corp. | 0.95% | 5,871 | $1.4M | Reduce -2.1% |
| META Meta Platforms Inc. Class A | 0.90% | 2,272 | $1.3M | Add +2.3% |
| CARR Carrier Global Corp. | 0.90% | 20,600 | $1.3M | Add +9.4% |
| VMC Vulcan Materials Co. | 0.90% | 5,595 | $1.3M | Reduce -1.8% |
| BKR Baker Hughes Co. | 0.89% | 29,375 | $1.3M | Reduce -0.3% |
| SHW The Sherwin-Williams Co. | 0.84% | 3,520 | $1.2M | Reduce -2.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.83% | 4,858 | $1.2M | Add +10.2% |
| CL Colgate-Palmolive Co. | 0.81% | 12,597 | $1.2M | Reduce -1.9% |
| GIS General Mills Inc. | 0.80% | 19,534 | $1.2M | Reduce -1.1% |
| ITA iShares U.S. Aerospace & Def | 0.80% | 7,627 | $1.2M | Reduce -4.6% |
| PBE Invesco Biotechnology & Geno | 0.79% | 18,204 | $1.2M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 2,054 | $1.1M | Reduce -3.3% |
| GOOG Alphabet Inc. Class C | 0.78% | 7,246 | $1.1M | Add +3.9% |
| K Kellanova | 0.76% | 13,433 | $1.1M | Reduce -1.1% |
| HAL Halliburton Co. | 0.76% | 43,575 | $1.1M | Reduce -0.2% |
| IHE iShares US Pharmaceuticals E | 0.74% | 15,395 | $1.1M | Add +6.5% |
| CSX CSX Corp. | 0.74% | 36,710 | $1.1M | Reduce -1.7% |
| GEHC GE Healthcare Technology | 0.74% | 13,372 | $1.1M | Reduce -0.7% |
| GLW Corning Inc. | 0.71% | 22,700 | $1.0M | Reduce -1.7% |
| HSY The Hershey Co. | 0.70% | 5,957 | $1.0M | Reduce -0.8% |
| IYT iShares US Transportation Et | 0.69% | 15,698 | $1.0M | Reduce -2.2% |
| MU Micron Technology Inc. | 0.55% | 9,178 | $797K | Add +2.5% |
| RSP Invesco S&P 500 Equal Weight | 0.54% | 4,504 | $780K | Add +27.1% |
| QCOM Qualcomm Inc. | 0.52% | 4,948 | $760K | Add +3.7% |
| UBS UBS Group AG-Reg | 0.44% | 21,080 | $646K | No change |
| SWX Southwest Gas Holdings Inc. | 0.39% | 7,865 | $565K | Reduce -0.6% |
| TSLA Tesla Inc. | 0.34% | 1,906 | $494K | Add +0.3% |
| PEG Public Service Enterprise GP | 0.28% | 5,000 | $412K | Reduce -2.0% |
| BIIB Biogen Inc. | 0.26% | 2,759 | $378K | Add +0.7% |
| IBB iShares Biotechnology ETF | 0.22% | 2,490 | $318K | Add +21.8% |
| FDX FedEx Corp. | 0.22% | 1,300 | $317K | Reduce -2.3% |
| XOP SS SPDR S&P Og Exp & Prod | 0.21% | 2,345 | $309K | Add +4.9% |
| DOW Dow Inc. | 0.20% | 8,343 | $291K | Reduce -10.4% |
| FCX Freeport-McMoran Inc. | 0.20% | 7,667 | $290K | Reduce -13.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.20% | 597 | $289K | New |
| V Visa Inc. Class A | 0.19% | 799 | $280K | No change |
| XLB SS Materials Select Sector | 0.18% | 3,005 | $258K | No change |
| UPS United Parcel Service Class B | 0.16% | 2,095 | $230K | Reduce -9.7% |
| UNH Unitedhealth Group Inc. | 0.15% | 407 | $213K | Reduce -10.9% |
| GS Goldman Sachs Group Inc. | 0.14% | 375 | $205K | New |
| MS Morgan Stanley | 0.14% | 1,752 | $204K | Add +9.4% |
| ORCL Oracle Corp. | 0.14% | 1,450 | $203K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Sold out | 0.00% | −3.58 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.96 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −1.52 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −1.36 |
| AMGN Amgen Inc. | Sold out | 0.00% | −1.13 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.13 |
| RTX RTX Corp. | Sold out | 0.00% | −0.59 |
| BA The Boeing Co. | Sold out | 0.00% | −0.42 |
| NVDA Nvidia Corp. | Reduce -2.1% | 1.61% | −0.22 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.14 |
| CAT Caterpillar Inc. | Reduce -4.8% | 1.39% | −0.06 |
| IR Ingersoll-Rand Inc. | Reduce -1.8% | 1.52% | −0.06 |
| MSFT Microsoft Corp. | Reduce -0.9% | 2.50% | −0.05 |
| TT Trane Technologies PLC | Reduce -4.0% | 1.42% | −0.04 |
| DOW Dow Inc. | Reduce -10.4% | 0.20% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -2.5% | 1.35% | −0.03 |
| UPS United Parcel Service Class B | Reduce -9.7% | 0.16% | −0.02 |
| CMI Cummins Inc. | Reduce -1.9% | 1.01% | −0.02 |
| FDX FedEx Corp. | Reduce -2.3% | 0.22% | −0.01 |
| STT State Street Corp. | Reduce -2.1% | 1.29% | −0.01 |
| VMC Vulcan Materials Co. | Reduce -1.8% | 0.90% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -13.3% | 0.20% | −0.01 |
| CSX CSX Corp. | Reduce -1.7% | 0.74% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -10.9% | 0.15% | +0.00 |
| PEG Public Service Enterprise GP | Reduce -2.0% | 0.28% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.3% | 0.79% | +0.02 |
| IYT iShares US Transportation Et | Reduce -2.2% | 0.69% | +0.02 |
| GIS General Mills Inc. | Reduce -1.1% | 0.80% | +0.02 |
| HAL Halliburton Co. | Reduce -0.2% | 0.76% | +0.02 |
| HD Home Depot Inc. | Reduce -2.6% | 1.34% | +0.03 |
| GLW Corning Inc. | Reduce -1.7% | 0.71% | +0.03 |
| PBE Invesco Biotechnology & Geno | Reduce -1.1% | 0.79% | +0.04 |
| SWX Southwest Gas Holdings Inc. | Reduce -0.6% | 0.39% | +0.04 |
| HSY The Hershey Co. | Reduce -0.8% | 0.70% | +0.07 |
| PFE Pfizer Inc. | Reduce -1.3% | 1.60% | +0.07 |
| ITW Illinois Tool Works | Reduce -2.3% | 1.28% | +0.07 |
| K Kellanova | Reduce -1.1% | 0.76% | +0.08 |
| ITA iShares U.S. Aerospace & Def | Reduce -4.6% | 0.80% | +0.08 |
| NSC Norfolk Southern Corp. | Reduce -2.1% | 0.95% | +0.08 |
| CL Colgate-Palmolive Co. | Reduce -1.9% | 0.81% | +0.09 |
| SHW The Sherwin-Williams Co. | Reduce -2.1% | 0.84% | +0.09 |
| GEHC GE Healthcare Technology | Reduce -0.7% | 0.74% | +0.09 |
| PEP Pepsico Inc. | Reduce -2.0% | 1.37% | +0.09 |
| UNP Union Pacific Corp. | Reduce -2.3% | 1.02% | +0.11 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 1.24% | +0.11 |
| WMT Walmart Inc. | Reduce -0.0% | 1.66% | +0.12 |
| BKR Baker Hughes Co. | Reduce -0.3% | 0.89% | +0.14 |
| WFC Wells Fargo & Co. | Reduce -1.1% | 1.58% | +0.17 |
| COST Costco Wholesale Corp. | Reduce -2.2% | 1.75% | +0.19 |
Portfolio Buys Q4 2024 → Q1 2025
| IGV iShares Expanded Tech-Softwa | New | 1.53% | +1.53 |
| XLF SS Financial Select Sector | Add +13.1% | 3.09% | +0.70 |
| XLI SS Industrial Select Sector | Add +13.1% | 2.81% | +0.56 |
| C Citigroup Inc. | Add +14.8% | 2.43% | +0.54 |
| XLE SS Energy Select Sector | Add +3.5% | 2.20% | +0.45 |
| XLV SS Health Care Select Sector | Add +8.5% | 1.93% | +0.42 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +1.2% | 3.28% | +0.40 |
| MMM 3M Co. | Add +1.0% | 1.52% | +0.33 |
| BSV Vanguard Short-Term Bond ETF | Add +7.7% | 1.52% | +0.27 |
| XLP SS Consumer Staples Sel Sect | Add +4.4% | 1.49% | +0.25 |
| LLY Eli Lilly & Co. | Add +1.4% | 1.48% | +0.25 |
| IBM Intl Business Machines Corp. | Add +10.2% | 0.83% | +0.23 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.20% | +0.20 |
| IHE iShares US Pharmaceuticals E | Add +6.5% | 0.74% | +0.16 |
| RSP Invesco S&P 500 Equal Weight | Add +27.1% | 0.54% | +0.15 |
| GS Goldman Sachs Group Inc. | New | 0.14% | +0.14 |
| GEV GE Vernova Inc. | Add +6.7% | 1.26% | +0.11 |
| CARR Carrier Global Corp. | Add +9.4% | 0.90% | +0.10 |
| META Meta Platforms Inc. Class A | Add +2.3% | 0.90% | +0.09 |
| MU Micron Technology Inc. | Add +2.5% | 0.55% | +0.08 |
| QCOM Qualcomm Inc. | Add +3.7% | 0.52% | +0.07 |
| IBB iShares Biotechnology ETF | Add +21.8% | 0.22% | +0.05 |
| XOP SS SPDR S&P Og Exp & Prod | Add +4.9% | 0.21% | +0.03 |
| MS Morgan Stanley | Add +9.4% | 0.14% | +0.02 |
| EMR Emerson Electric Co. | Add +2.8% | 1.43% | +0.01 |
| BIIB Biogen Inc. | Add +0.7% | 0.26% | +0.00 |
| XLK SS Technology Select Sector | Add +1.2% | 5.59% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +3.9% | 0.78% | −0.04 |
| TSLA Tesla Inc. | Add +0.3% | 0.34% | −0.14 |
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 |