Massachusetts Wealth Management — 13F Holdings & Portfolio

CIK 1966011 · latest 13F-HR filed 2026-10-21

Massachusetts Wealth Management manages $248.1M in 13F-reported U.S. long-equity assets across 96 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are JPST (6.52%), XLK (4.62%), XOM (2.86%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 2 new positions and exited 4; 19 existing positions rose in reported value and 38 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

AUM

$248.1M

Long-equity book

Holdings

Distinct positions

Period

2026-09-30

Filed 2026-10-21

Q/Q Activity

+2 / −4 / ↑19 / ↓38

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26

JPST6.5% · +16%XLK4.6% · -2%XOM2.9% · -2%AAPL2.7% · -7%XLI2.6% · -1%C2.4% · -10%JPM2.4% · -14%XLF2.3% · +0%CVX2.3% · -3%GEV2.2% · -7%COP2.1% · -3%VCSH1.9% · -1%XLE1.9% · -2%MSFT1.9% · -5%JNJ1.9% · -3%GE1.8% · -4%XLV1.7% · +3%SLB1.7% · -4%CAT1.7% · -16%MU1.7% · -52%BAC1.6% · -5%NVDA1.5% · -13%MRK1.5% · +8%STT1.4% · -6%LLY1.4% · +1%WMT1.3% · +4%PFE1.3% · +3%DE1.3% · -6%KO1.3% · +4%QQQ1.3% · -4%GLW1.2% · -14%EMR1.2% · -6%GOOG1.2% · -0%AMGN1.2% · +7%FCX1.1% · -26%BRK.B1.1% · +1%XLP1.1% · +2%WFC1.0% · -2%TT1.0% · -8%ABBV1.0% · -1%MMM1.0% · -6%AMZN0.9% · -4%CMI0.9% · -10%COST0.9% · -8%IR0.8% · -1%BSV0.8% · -2%ITW0.8% · -1%META0.8% · +2%NSC0.8% · +2%PEP0.8% · +4%UNP0.7% · +0%CSX0.7% · -2%ITA0.7% · +4%PBE0.7% · -2%KTB0.7% · -7%PG0.7% · +4%BKR0.6% · -0%HD0.6% · -2%IHE0.6% · -1%SPY0.6% · -8%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 30.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 24, 2026.

Assets Under Management

$301.5M

Discretionary

$301.5M

Employees

Accounts

541

Address

807 TURNPIKE STREET
NORTH ANDOVER, MA 01845

Phone

(978) 685-1050

Website

WWW.MASSWEALTH.COM

Name	Title / Status	Ownership	Type
CONTE, SAMUEL, JAMES Control	CCO/PRESIDENT/MANAGING MEMBER since Dec 2011	75% or more	Individual

Ownership & leadership changes · 1 filing with changes since Oct 27, 2017

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Nov 6, 2017 filing

ChangedCONTE, SAMUEL, JAMES · title CCO → CCO/PRESIDENT/MANAGING MEMBER

Oct 27, 2017 filing (earliest on record)

ListedCONTE, SAMUEL, JAMES · CCO · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

J P MORGAN EXCHANGE TRADED F$2.1M +15.2%
MICROSOFT CORP$1.1M +30.3%
CHEVRON CORPORATION$942.2K +20.0%
CONOCOPHILLIPS$724.0K +16.2%
MERCK & CO INC$658.1K +21.6%

Show all 19 →

Top Trims

MICRON TECHNOLOGY INC-$5.2M -55.6%
CORNING INC-$2.9M -48.5%
CATERPILLAR INC-$2.4M -36.4%
GE VERNOVA INC-$1.8M -24.8%
CITIGROUP INC-$1.2M -17.2%

Show all 38 →

New Positions

EXXONMOBIL HOLDINGS CORP$7.1M
PALANTIR TECHNOLOGIES INC$217.2K

Exited Positions

Loading…

#	Issuer	Symbol	CUSIP	Value	Δ

Massachusetts Wealth Management Holdings (2026-09-30)

#	Issuer	Symbol	CUSIP	Value	Weight	Shares	Type
1	J P MORGAN EXCHANGE TRADED F	JPST	46641Q837	$16.2M	6.52%	321,015	SH
2	SELECT SECTOR SPDR TR	XLK	81369Y803	$11.5M	4.62%	58,570	SH
3	EXXONMOBIL HOLDINGS CORP	XOM	30233Q108	$7.1M	2.86%	43,558	SH
4	APPLE INC	AAPL	037833100	$6.6M	2.67%	19,896	SH
5	SELECT SECTOR SPDR TR	XLI	81369Y704	$6.5M	2.62%	38,946	SH
6	CITIGROUP INC	C	172967424	$5.9M	2.40%	45,910	SH
7	JPMORGAN CHASE & CO	JPM	46625H100	$5.8M	2.35%	17,632	SH
8	SELECT SECTOR SPDR TR	XLF	81369Y605	$5.7M	2.29%	106,625	SH
9	CHEVRON CORPORATION	CVX	166764100	$5.6M	2.27%	27,629	SH
10	GE VERNOVA INC	GEV	36828A101	$5.4M	2.18%	5,685	SH
11	CONOCOPHILLIPS	COP	20825C104	$5.2M	2.09%	41,405	SH
12	VANGUARD SCOTTSDALE FDS	VCSH	92206C409	$4.8M	1.95%	62,526	SH
13	SELECT SECTOR SPDR TR	XLE	81369Y506	$4.7M	1.91%	77,211	SH
14	MICROSOFT CORP	MSFT	594918104	$4.7M	1.91%	9,239	SH
15	JOHNSON & JOHNSON	JNJ	478160104	$4.6M	1.85%	17,370	SH
16	GE AEROSPACE	GE	369604301	$4.4M	1.79%	14,214	SH
17	SELECT SECTOR SPDR TR	XLV	81369Y209	$4.3M	1.73%	25,494	SH
18	SLB LIMITED	SLB	806857108	$4.2M	1.69%	86,150	SH
19	CATERPILLAR INC	CAT	149123101	$4.2M	1.68%	5,131	SH
20	MICRON TECHNOLOGY INC	MU	595112103	$4.1M	1.66%	3,863	SH
21	BANK OF AMER CORP	BAC	060505104	$3.9M	1.59%	72,300	SH
22	NVIDIA CORPORATION	NVDA	67066G104	$3.8M	1.54%	16,757	SH
23	MERCK & CO INC	MRK	58933Y105	$3.7M	1.49%	25,502	SH
24	STATE STR CORP	STT	857477103	$3.5M	1.42%	20,205	SH
25	ELI LILLY & CO	LLY	532457108	$3.5M	1.41%	3,020	SH
26	WALMART INC	WMT	931142103	$3.3M	1.34%	32,003	SH
27	PFIZER INC	PFE	717081103	$3.3M	1.31%	114,165	SH
28	DEERE & CO	DE	244199105	$3.2M	1.31%	4,826	SH
29	COCA COLA CO	KO	191216100	$3.2M	1.29%	37,313	SH
30	INVESCO QQQ TR	QQQ	46090E103	$3.2M	1.28%	4,302	SH
31	CORNING INC	GLW	219350105	$3.1M	1.24%	20,070	SH
32	EMERSON ELEC CO	EMR	291011104	$2.9M	1.17%	18,711	SH
33	ALPHABET INC	GOOG	02079K107	$2.9M	1.15%	8,401	SH
34	AMGEN INC	AMGN	031162100	$2.9M	1.15%	6,772	SH
35	FREEPORT MCMORAN INC	FCX	35671D857	$2.7M	1.10%	38,850	SH
36	BERKSHIRE HATHAWAY INC DEL	BRK.B	084670702	$2.6M	1.06%	5,262	SH
37	SELECT SECTOR SPDR TR	XLP	81369Y308	$2.6M	1.05%	32,339	SH
38	WELLS FARGO & CO	WFC	949746101	$2.6M	1.05%	32,487	SH
39	TRANE TECHNOLOGIES PLC	TT	G8994E103	$2.5M	1.00%	5,470	SH
40	ABBVIE INC	ABBV	00287Y109	$2.4M	0.98%	9,250	SH
41	3M CO	MMM	88579Y101	$2.4M	0.96%	14,573	SH
42	AMAZON COM INC	AMZN	023135106	$2.3M	0.92%	9,170	SH
43	CUMMINS INC	CMI	231021106	$2.3M	0.91%	4,390	SH
44	COSTCO WHOLESALE CORPORATION	COST	22160K105	$2.1M	0.86%	2,350	SH
45	INGERSOLL RAND INC	IR	45687V106	$2.1M	0.83%	27,478	SH
46	VANGUARD BD INDEX FDS	BSV	921937827	$2.1M	0.83%	26,886	SH
47	ILLINOIS TOOL WKS INC	ITW	452308109	$2.0M	0.82%	7,898	SH
48	META PLATFORMS INC	META	30303M102	$2.0M	0.80%	2,731	SH
49	NORFOLK SOUTHN CORP	NSC	655844108	$1.9M	0.78%	6,275	SH
50	PEPSICO INC	PEP	713448108	$1.9M	0.75%	14,719	SH

Filing History

Period	Filed	AUM	Holdings	Accession
2026-09-30	2026-10-21	$248.1M	96	0001966011-26-000005
2026-06-30	2026-08-03	$262.5M	98	0001966011-26-000004
2026-03-31	2026-04-15	$230.7M	98	0001966011-26-000002
2025-12-31	2026-01-26	$214.9M	93	0001966011-26-000001

Filer Information

Address

807 TURNPIKE STREET
NORTH ANDOVER, MA 01845

Phone

(978) 685-1050

Filing Manager

Massachusetts Wealth Management

NORTH ANDOVER, MA

Signatory

Samuel J. Conte II

President