Issuer | Shares/Par | Value ($) | ||
Common Stocks – 99.2% | ||||
Aerospace & Defense – 7.2% | ||||
General Dynamics Corp. | 3,943,628 | $995,332,271 | ||
Honeywell International, Inc. | 6,875,687 | 1,509,557,081 | ||
Northrop Grumman Corp. | 2,877,919 | 1,534,765,423 | ||
Raytheon Technologies Corp. | 4,043,305 | 399,155,070 | ||
$4,438,809,845 | ||||
Alcoholic Beverages – 1.4% | ||||
Diageo PLC | 18,568,282 | $862,783,842 | ||
Brokerage & Asset Managers – 4.9% | ||||
BlackRock, Inc. | 1,184,137 | $847,842,092 | ||
Citigroup, Inc. | 13,386,816 | 648,055,762 | ||
KKR & Co., Inc. | 6,574,817 | 341,364,499 | ||
NASDAQ, Inc. | 17,248,387 | 1,180,824,574 | ||
$3,018,086,927 | ||||
Business Services – 3.1% | ||||
Accenture PLC, “A” | 3,937,000 | $1,184,761,410 | ||
Equifax, Inc. | 3,645,300 | 719,472,861 | ||
$1,904,234,271 | ||||
Cable TV – 3.3% | ||||
Charter Communications, Inc., “A” (a) | 1,684,819 | $659,252,826 | ||
Comcast Corp., “A” | 36,659,237 | 1,343,194,444 | ||
$2,002,447,270 | ||||
Chemicals – 1.5% | ||||
PPG Industries, Inc. | 6,664,304 | $901,147,187 | ||
Construction – 2.2% | ||||
Masco Corp. | 7,057,959 | $358,403,158 | ||
Otis Worldwide Corp. | 2,386,089 | 186,329,690 | ||
Sherwin-Williams Co. | 2,727,850 | 679,725,663 | ||
Stanley Black & Decker, Inc. | 1,837,928 | 150,195,476 | ||
$1,374,653,987 | ||||
Consumer Products – 1.7% | ||||
International Flavors & Fragrances, Inc. | 2,215,593 | $234,454,051 | ||
Kimberly-Clark Corp. | 3,776,468 | 512,202,355 | ||
Reckitt Benckiser Group PLC | 3,823,317 | 276,619,123 | ||
$1,023,275,529 | ||||
Electrical Equipment – 1.5% | ||||
Johnson Controls International PLC | 13,768,004 | $914,746,186 | ||
Electronics – 5.4% | ||||
Analog Devices, Inc. | 2,700,844 | $464,302,092 | ||
KLA Corp. | 1,896,385 | 745,563,763 | ||
NXP Semiconductors N.V. | 3,383,244 | 594,909,625 | ||
Texas Instruments, Inc. | 8,435,562 | 1,522,281,518 | ||
$3,327,056,998 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks – continued | ||||
Energy - Independent – 4.7% | ||||
ConocoPhillips | 10,778,936 | $1,331,306,385 | ||
EOG Resources, Inc. | 4,290,473 | 608,946,833 | ||
Pioneer Natural Resources Co. | 3,891,047 | 918,248,182 | ||
$2,858,501,400 | ||||
Food & Beverages – 3.0% | ||||
Archer Daniels Midland Co. | 2,361,396 | $230,236,110 | ||
Nestle S.A. | 7,613,494 | 905,999,655 | ||
PepsiCo, Inc. | 3,831,917 | 710,858,923 | ||
$1,847,094,688 | ||||
Gaming & Lodging – 1.1% | ||||
Marriott International, Inc., “A” | 4,056,807 | $670,793,037 | ||
Health Maintenance Organizations – 2.9% | ||||
Cigna Corp. | 5,419,037 | $1,782,267,079 | ||
Insurance – 10.8% | ||||
Aon PLC | 4,709,538 | $1,451,856,375 | ||
Chubb Ltd. | 6,364,150 | 1,397,503,698 | ||
Marsh & McLennan Cos., Inc. | 8,227,367 | 1,424,815,417 | ||
Progressive Corp. | 10,624,458 | 1,404,022,125 | ||
Travelers Cos., Inc. | 4,919,517 | 933,773,522 | ||
$6,611,971,137 | ||||
Machinery & Tools – 4.6% | ||||
Eaton Corp. PLC | 5,265,344 | $860,620,477 | ||
Illinois Tool Works, Inc. | 4,442,627 | 1,010,564,364 | ||
PACCAR, Inc. | 2,933,658 | 310,703,719 | ||
Trane Technologies PLC | 3,770,449 | 672,723,510 | ||
$2,854,612,070 | ||||
Major Banks – 7.4% | ||||
Goldman Sachs Group, Inc. | 937,315 | $361,944,187 | ||
JPMorgan Chase & Co. | 16,821,961 | 2,324,458,571 | ||
Morgan Stanley | 12,678,402 | 1,179,978,874 | ||
PNC Financial Services Group, Inc. | 4,038,256 | 679,476,955 | ||
$4,545,858,587 | ||||
Medical & Health Technology & Services – 1.5% | ||||
McKesson Corp. | 2,466,169 | $941,287,384 | ||
Medical Equipment – 6.3% | ||||
Abbott Laboratories | 8,098,918 | $871,281,599 | ||
Boston Scientific Corp. (a) | 15,139,168 | 685,350,135 | ||
Danaher Corp. | 1,839,454 | 502,925,118 | ||
Medtronic PLC | 7,833,923 | 619,193,274 | ||
Thermo Fisher Scientific, Inc. | 2,119,392 | 1,187,325,786 | ||
$3,866,075,912 | ||||
Other Banks & Diversified Financials – 2.7% | ||||
American Express Co. | 5,845,457 | $921,185,569 | ||
Moody's Corp. | 1,415,635 | 422,241,451 | ||
Truist Financial Corp. | 7,295,469 | 341,500,904 | ||
$1,684,927,924 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks – continued | ||||
Pharmaceuticals – 7.7% | ||||
Johnson & Johnson | 10,407,065 | $1,852,457,570 | ||
Merck & Co., Inc. | 10,434,878 | 1,149,088,765 | ||
Pfizer, Inc. | 29,855,411 | 1,496,651,753 | ||
Roche Holding AG | 678,866 | 220,824,259 | ||
$4,719,022,347 | ||||
Railroad & Shipping – 2.4% | ||||
Canadian National Railway Co. | 3,051,953 | $391,962,324 | ||
Union Pacific Corp. | 5,013,510 | 1,090,087,479 | ||
$1,482,049,803 | ||||
Real Estate – 1.2% | ||||
Prologis, Inc., REIT | 4,031,079 | $474,820,796 | ||
Public Storage, Inc., REIT | 788,870 | 235,051,705 | ||
$709,872,501 | ||||
Specialty Chemicals – 1.4% | ||||
DuPont de Nemours, Inc. | 12,029,941 | $848,231,140 | ||
Specialty Stores – 3.2% | ||||
Lowe's Cos., Inc. | 5,678,384 | $1,206,940,519 | ||
Target Corp. | 4,434,623 | 740,892,465 | ||
$1,947,832,984 | ||||
Utilities - Electric Power – 6.1% | ||||
American Electric Power Co., Inc. | 3,718,852 | $359,984,873 | ||
Dominion Energy, Inc. | 13,213,562 | 807,480,774 | ||
Duke Energy Corp. | 11,842,604 | 1,183,431,418 | ||
Southern Co. | 15,290,602 | 1,034,256,319 | ||
Xcel Energy, Inc. | 5,294,859 | 371,804,999 | ||
$3,756,958,383 | ||||
Total Common Stocks | $60,894,598,418 | |||
Investment Companies (h) – 0.6% | ||||
Money Market Funds – 0.6% | ||||
MFS Institutional Money Market Portfolio, 3.67% (v) | 370,648,572 | $370,648,572 | ||
Other Assets, Less Liabilities – 0.2% | 94,032,100 | |||
Net Assets – 100.0% | $61,359,279,090 |
(a) | Non-income producing security. | |||
(h) | An affiliated issuer, which may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $370,648,572 and $60,894,598,418, respectively. | |||
(v) | Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end. |
The following abbreviations are used in this report and are defined: | |
REIT | Real Estate Investment Trust |
Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
Equity Securities: | ||||
United States | $58,236,409,215 | $— | $— | $58,236,409,215 |
United Kingdom | — | 1,139,402,965 | — | 1,139,402,965 |
Switzerland | 220,824,259 | 905,999,655 | — | 1,126,823,914 |
Canada | 391,962,324 | — | — | 391,962,324 |
Mutual Funds | 370,648,572 | — | — | 370,648,572 |
Total | $59,219,844,370 | $2,045,402,620 | $— | $61,265,246,990 |
Affiliated Issuers | Beginning Value | Purchases | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Appreciation or Depreciation | Ending Value |
MFS Institutional Money Market Portfolio | $210,070,654 | $1,683,161,513 | $1,522,527,654 | $4,311 | $(60,252) | $370,648,572 |
Affiliated Issuers | Dividend Income | Capital Gain Distributions |
MFS Institutional Money Market Portfolio | $2,257,641 | $— |