Massachusetts Financial’s Favorite Financial Companies: GS, JPM, BK, STT, WFC

Wall St. Watchdog reveals information regarding Massachusetts Financial Services’ top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 127 stocks in the Financial sector at the end of the quarter with an aggregate market value of $11.98 billion.

  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Massachusetts Financial Services reported holding 13,447,011 shares with a market value of $1,789,662,645. This comprised 1.89% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 13,509,496 shares with a market value of $1,277,322,888. This comprised 1.59% of the total portfolio. The net change in shares for this position over the two quarters is 62,485. About Company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Massachusetts Financial Services reported holding 38,883,168 shares with a market value of $1,591,876,845. This comprised 1.68% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 40,188,208 shares with a market value of $1,210,468,859. This comprised 1.51% of the total portfolio. The net change in shares for this position over the two quarters is 1,305,040. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • The Bank Of New York Mellon Corporation (NYSE:BK): On 06/30/2011, Massachusetts Financial Services reported holding 61,552,013 shares with a market value of $1,576,962,625. This comprised 1.67% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 62,356,387 shares with a market value of $1,159,205,244. This comprised 1.45% of the total portfolio. The net change in shares for this position over the two quarters is 804,374. About Company: Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company. The Company provides financial services for institutions, corporations and high-net-worth individuals, providing asset management and wealth management, asset servicing, issuer services, clearing services and treasury services.
  • State Street Corp. (NYSE:STT): On 06/30/2011, Massachusetts Financial Services reported holding 23,435,348 shares with a market value of $1,056,699,845. This comprised 1.12% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 23,643,247 shares with a market value of $760,366,820. This comprised 0.95% of the total portfolio. The net change in shares for this position over the two quarters is 207,899. About Company: State Street Corporation services institutional investors and manages financial assets worldwide. The Company’s products and services include custody, accounting, administration, daily pricing, international exchange services, cash management, financial asset management, securities lending, and investment advisory services.
  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Massachusetts Financial Services reported holding 31,029,448 shares with a market value of $870,686,294. This comprised 0.92% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 31,438,552 shares with a market value of $758,297,901. This comprised 0.95% of the total portfolio. The net change in shares for this position over the two quarters is 409,104. About Company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Massachusetts Financial Services reported holding 24,628,088 shares with a market value of $1,080,434,194. This comprised 1.14% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 24,728,115 shares with a market value of $692,634,507. This comprised 0.86% of the total portfolio. The net change in shares for this position over the two quarters is 100,027. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Prudential Financial Inc. (NYSE:PRU): On 06/30/2011, Massachusetts Financial Services reported holding 12,081,817 shares with a market value of $768,282,745. This comprised 0.81% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 12,101,851 shares with a market value of $567,092,745. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 20,034. About Company: Prudential Financial, Inc. provides financial services throughout the United States and several locations worldwide. The Company offers a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, real estate brokerage, and relocation services.
  • The Travelers Companies Inc. (NYSE:TRV): On 06/30/2011, Massachusetts Financial Services reported holding 9,810,190 shares with a market value of $572,718,903. This comprised 0.61% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 9,766,281 shares with a market value of $475,910,869. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is -43,909. About Company: The Travelers Companies, Inc. provides commercial property casualty insurance and asset management services to businesses, government units, associations and individuals. The Company underwrites homeowners and auto insurance through independent agents.
  • Ace Limited (NYSE:ACE): On 06/30/2011, Massachusetts Financial Services reported holding 7,381,884 shares with a market value of $485,875,603. This comprised 0.51% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 7,818,124 shares with a market value of $473,778,302. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is 436,240. About Company: ACE Limited is the holding company for the ACE Group of Companies, a property and casualty insurance business. The Group provides a diversified range of products and services to clients through operations in countries around the world. ACE provides specialty insurance and reinsurance products.
  • Blackrock Inc. (NYSE:BLK): On 06/30/2011, Massachusetts Financial Services reported holding 1,875,136 shares with a market value of $359,669,832. This comprised 0.38% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 3,083,967 shares with a market value of $456,457,939. This comprised 0.57% of the total portfolio. The net change in shares for this position over the two quarters is 1,208,831. About Company: BlackRock, Inc. provides diversified investment management services to institutional clients and to retail investors through various investment vehicles. The Company offers the BlackRock Funds and Blackrock Liquidity Funds, and also provides risk management services to fixed income institutional investors.

(Note: Data regarding Massachusetts Financial Services’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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