L3VLUP
ProSign in
← MFS Investment Management, its record

MFS Investment Management and Invesco Ltd: where the books meet

At Q2 2026, at least 42% of the two 13F books was the same, across 278 stocks both listed, against 30% at Q2 2013. Overlap is the smaller of each shared stock’s two weights, added up: the part of one book that could be swapped for the other’s without a trade.

Overlap by quarter
0%23%46%Q2 2013: 30%, 243 in bothQ3 2013: 29%, 245 in bothQ4 2013: 29%, 243 in bothQ1 2014: 28%, 235 in both14Q2 2014: 28%, 240 in bothQ3 2014: 28%, 238 in bothQ4 2014: 28%, 237 in bothQ1 2015: 29%, 246 in both15Q2 2015: 29%, 240 in bothQ3 2015: 29%, 250 in bothQ4 2015: 30%, 248 in bothQ1 2016: 31%, 254 in both16Q2 2016: 30%, 249 in bothQ3 2016: 30%, 250 in bothQ4 2016: 30%, 251 in bothQ1 2017: 31%, 243 in both17Q2 2017: 31%, 240 in bothQ3 2017: 35%, 252 in bothQ4 2017: 35%, 255 in bothQ1 2018: 36%, 258 in both18Q2 2018: 36%, 264 in bothQ3 2018: 36%, 260 in bothQ4 2018: 35%, 257 in bothQ1 2019: 35%, 261 in both19Q2 2019: 34%, 260 in bothQ3 2019: 34%, 256 in bothQ4 2019: 35%, 259 in bothQ1 2020: 38%, 264 in both20Q2 2020: 38%, 275 in bothQ3 2020: 38%, 259 in bothQ4 2020: 36%, 249 in bothQ1 2021: 36%, 254 in both21Q2 2021: 36%, 251 in bothQ3 2021: 38%, 262 in bothQ4 2021: 38%, 271 in bothQ1 2022: 38%, 274 in both22Q2 2022: 38%, 272 in bothQ3 2022: 38%, 271 in bothQ4 2022: 38%, 261 in bothQ1 2023: 39%, 264 in both23Q2 2023: 41%, 266 in bothQ3 2023: 41%, 272 in bothQ4 2023: 41%, 272 in bothQ1 2024: 42%, 267 in both24Q2 2024: 45%, 274 in bothQ3 2024: 43%, 274 in bothQ4 2024: 44%, 267 in bothQ1 2025: 43%, 270 in both25Q2 2025: 44%, 275 in bothQ3 2025: 46%, 275 in bothQ4 2025: 41%, 284 in bothQ1 2026: 41%, 271 in both26Q2 2026: 42%, 278 in both
  • Q2 2013: 30%, 243 in both
  • Q3 2013: 29%, 245 in both
  • Q4 2013: 29%, 243 in both
  • Q1 2014: 28%, 235 in both
  • Q2 2014: 28%, 240 in both
  • Q3 2014: 28%, 238 in both
  • Q4 2014: 28%, 237 in both
  • Q1 2015: 29%, 246 in both
  • Q2 2015: 29%, 240 in both
  • Q3 2015: 29%, 250 in both
  • Q4 2015: 30%, 248 in both
  • Q1 2016: 31%, 254 in both
  • Q2 2016: 30%, 249 in both
  • Q3 2016: 30%, 250 in both
  • Q4 2016: 30%, 251 in both
  • Q1 2017: 31%, 243 in both
  • Q2 2017: 31%, 240 in both
  • Q3 2017: 35%, 252 in both
  • Q4 2017: 35%, 255 in both
  • Q1 2018: 36%, 258 in both
  • Q2 2018: 36%, 264 in both
  • Q3 2018: 36%, 260 in both
  • Q4 2018: 35%, 257 in both
  • Q1 2019: 35%, 261 in both
  • Q2 2019: 34%, 260 in both
  • Q3 2019: 34%, 256 in both
  • Q4 2019: 35%, 259 in both
  • Q1 2020: 38%, 264 in both
  • Q2 2020: 38%, 275 in both
  • Q3 2020: 38%, 259 in both
  • Q4 2020: 36%, 249 in both
  • Q1 2021: 36%, 254 in both
  • Q2 2021: 36%, 251 in both
  • Q3 2021: 38%, 262 in both
  • Q4 2021: 38%, 271 in both
  • Q1 2022: 38%, 274 in both
  • Q2 2022: 38%, 272 in both
  • Q3 2022: 38%, 271 in both
  • Q4 2022: 38%, 261 in both
  • Q1 2023: 39%, 264 in both
  • Q2 2023: 41%, 266 in both
  • Q3 2023: 41%, 272 in both
  • Q4 2023: 41%, 272 in both
  • Q1 2024: 42%, 267 in both
  • Q2 2024: 45%, 274 in both
  • Q3 2024: 43%, 274 in both
  • Q4 2024: 44%, 267 in both
  • Q1 2025: 43%, 270 in both
  • Q2 2025: 44%, 275 in both
  • Q3 2025: 46%, 275 in both
  • Q4 2025: 41%, 284 in both
  • Q1 2026: 41%, 271 in both
  • Q2 2026: 42%, 278 in both

Only quarters both managers filed. Where either filing has more positions than are read each quarter, a stock both hold below that range is not counted, so the figure is a floor.

What the overlap is made of, Q2 2026

Stocks both listed, by the smaller of the two weights. A weight is the stock’s share of that manager’s reported book, which says how large the position is, not how strongly it is held.

StockMFS Investment ManagementInvesco Ltd
Nvidia Corp(NVDA)4.3%Trimmed5.2%Added
Apple Inc(AAPL)2.8%Added4.3%Added
Microsoft Corp(MSFT)2.8%Trimmed3.0%Added
Amazon Com Inc(AMZN)2.8%Added2.7%Added
Alphabet Inc(GOOGL)3.3%Added2.6%Added
Broadcom Inc(AVGO)1.7%Added2.1%Trimmed
Kla-tencor Corp(KLAC)1.4%Added1.1%Added
Facebook Inc(META)0.7%Trimmed1.7%Added
Linde PLC(LIN)1.0%Added0.6%Added
Seagate Technology Hldngs PL(STX)0.8%Added0.6%Added
Analog Devices Inc(ADI)0.7%Trimmed0.5%Added
Micron Technology Inc(MU)0.5%Added3.3%Added
Texas Instrs Inc(TXN)0.4%Trimmed0.9%Added
Advanced Micro Devices Inc(AMD)0.4%Added2.4%Added
Applied Matls Inc(AMAT)0.4%Added1.6%Added
JPMorgan Chase & Co(JPM)1.3%Trimmed0.3%Added
Johnson & Johnson(JNJ)0.9%Trimmed0.3%Added
Marriott Intl Inc New(MAR)0.4%Trimmed0.3%Trimmed
Pepsico Inc(PEP)0.3%Trimmed0.5%Added
Gilead Sciences Inc(GILD)0.3%Added0.4%Trimmed

and 258 smaller ones

Moved different ways in Q2 2026

Stocks one manager started or added to while the other trimmed or sold out, between the same two quarter ends. A 13F shows the quarter ends, never when in between anything was bought or sold, or why.

  • Nvidia Corp(NVDA)MFS Investment Management trimmed; Invesco Ltd added
  • Microsoft Corp(MSFT)MFS Investment Management trimmed; Invesco Ltd added
  • Broadcom Inc(AVGO)MFS Investment Management added; Invesco Ltd trimmed
  • Lam Research Corp(LRCX)MFS Investment Management trimmed; Invesco Ltd added
  • Intel Corp(INTC)MFS Investment Management trimmed; Invesco Ltd added
  • Facebook Inc(META)MFS Investment Management trimmed; Invesco Ltd added
  • Costco WHSL Corp New(COST)MFS Investment Management trimmed; Invesco Ltd added
  • Texas Instrs Inc(TXN)MFS Investment Management trimmed; Invesco Ltd added
  • Western Digital Corp(WDC)MFS Investment Management trimmed; Invesco Ltd added
  • Analog Devices Inc(ADI)MFS Investment Management trimmed; Invesco Ltd added
  • Crowdstrike HLDGS Inc(CRWD)MFS Investment Management trimmed; Invesco Ltd added
  • Pepsico Inc(PEP)MFS Investment Management trimmed; Invesco Ltd added
MFS Investment Management: the recordInvesco Ltd: the record

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More