Full & Historical Holdings

Blended Research® European Equity Fund


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Based on Market Value Based on Equivalent Exposure
ISIN Securities
(on 30-Sep-25)
Shares or Par Amount Value Percent of Net Assets Value Percent of Net Assets Market Cap ($mm) GICS Sectors

The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

Country
NL0010273215 ASML Holding NV 9,774 €8,116,585.02 4.03% €8,116,585.02 4.03% 378,429.15 Information Technology Netherlands
CH0012005267 Novartis AG 53,069 €5,812,504.36 2.89% €5,812,504.36 2.89% 271,637.45 Health Care Switzerland
CH0038863350 Nestle SA 71,723 €5,607,517.20 2.78% €5,607,517.20 2.78% 236,500.62 Consumer Staples Switzerland
CH0012032048 Roche Holding AG 19,729 €5,530,795.45 2.75% €5,530,795.45 2.75% 262,092.87 Health Care Switzerland
GB00B63H8491 Rolls-Royce Holdings PLC 339,083 €4,622,281.37 2.29% €4,622,281.37 2.29% 135,336.81 Industrials United Kingdom
GB0002875804 British American Tobacco PLC 91,317 €4,128,783.99 2.05% €4,128,783.99 2.05% 116,149.20 Consumer Staples United Kingdom
FR0000121972 Schneider Electric SE 17,045 €4,098,543.36 2.03% €4,098,543.36 2.03% 162,924.77 Industrials France
CH0244767585 UBS Group AG 115,933 €4,059,318.87 2.01% €4,059,318.87 2.01% 137,367.75 Financials Switzerland
FR0000120578 Sanofi SA 48,558 €3,909,464.60 1.94% €3,909,464.60 1.94% 116,025.55 Health Care France
FR0000120271 TotalEnergies SE 72,680 €3,777,523.74 1.88% €3,777,523.74 1.88% 134,647.91 Energy France
CH0011075394 Zurich Insurance Group AG 5,881 €3,575,400.22 1.77% €3,575,400.22 1.77% 104,464.78 Financials Switzerland
GB0031348658 Barclays PLC 810,363 €3,539,355.46 1.76% €3,539,355.46 1.76% 71,792.22 Financials United Kingdom
GB00BLGZ9862 Tesco PLC 692,328 €3,533,157.56 1.75% €3,533,157.56 1.75% 39,026.79 Consumer Staples United Kingdom
CH0210483332 Cie Financiere Richemont SA 21,230 €3,469,689.30 1.72% €3,469,689.30 1.72% 112,813.33 Consumer Discretionary Switzerland
FR0000131104 BNP Paribas SA 43,621 €3,386,917.30 1.68% €3,386,917.30 1.68% 103,082.63 Financials France
GB00BM8PJY71 NatWest Group PLC 534,264 €3,192,249.99 1.58% €3,192,249.99 1.58% 56,816.94 Financials United Kingdom
FR0000120073 Air Liquide SA 17,692 €3,136,072.42 1.56% €3,136,072.42 1.56% 120,392.76 Materials France
FR0010307819 Legrand SA 21,883 €3,109,178.74 1.54% €3,109,178.74 1.54% 43,745.55 Industrials France
DE0006602006 GEA Group AG 48,898 €3,076,887.24 1.53% €3,076,887.24 1.53% 12,027.24 Industrials Germany
DE000ENAG999 E.ON SE 187,024 €2,995,189.36 1.49% €2,995,189.36 1.49% 49,663.16 Utilities Germany
DE0006047004 HeidelbergCement AG 15,119 €2,899,134.53 1.44% €2,899,134.53 1.44% 40,169.98 Materials Germany
FR0000125007 Cie de St-Gobain 30,900 €2,867,224.69 1.42% €2,867,224.69 1.42% 54,368.71 Industrials France
GB0007188757 Rio Tinto PLC 51,058 €2,865,918.98 1.42% €2,865,918.98 1.42% 107,102.92 Materials United Kingdom
DE000ENER6Y0 Siemens Energy AG 28,597 €2,848,077.81 1.41% €2,848,077.81 1.41% 100,687.15 Industrials Germany
LU1778762911 Spotify Technology SA 4,702 €2,795,448.23 1.39% €2,795,448.23 1.39% 143,633.04 Communication Services Sweden
NL0011540547 ABN AMRO Bank NV 101,726 €2,772,033.50 1.38% €2,772,033.50 1.38% 26,651.61 Financials Netherlands
AT0000652011 Erste Group Bank AG 33,061 €2,750,675.20 1.37% €2,750,675.20 1.37% 40,099.44 Financials Austria
ES0144580Y14 Iberdrola SA 169,576 €2,736,824.88 1.36% €2,736,824.88 1.36% 126,597.60 Utilities Spain
GB00BYQ0JC66 Beazley PLC 259,545 €2,704,497.72 1.34% €2,704,497.72 1.34% 7,402.75 Financials United Kingdom
ES0109067019 Amadeus IT Group SA 39,966 €2,694,246.54 1.34% €2,694,246.54 1.34% 35,655.56 Consumer Discretionary Spain
GB0009697037 Babcock International Group PLC 175,963 €2,680,873.98 1.33% €2,680,873.98 1.33% 8,987.07 Industrials United Kingdom
DK0062498333 Novo Nordisk AS 57,006 €2,680,027.97 1.33% €2,680,027.97 1.33% 245,016.68 Health Care Denmark
DE000A12DM80 Scout24 SE 24,584 €2,620,654.40 1.30% €2,620,654.40 1.30% 9,386.53 Communication Services Germany
GB0032089863 Next PLC 18,226 €2,583,687.44 1.28% €2,583,687.44 1.28% 20,377.29 Consumer Discretionary United Kingdom
GB0000536739 Ashtead Group PLC 43,504 €2,490,085.59 1.24% €2,490,085.59 1.24% 28,400.70 Industrials United Kingdom
NL0000009082 Koninklijke KPN NV 585,010 €2,392,499.60 1.19% €2,392,499.60 1.19% 18,672.62 Communication Services Netherlands
NL0006294274 Euronext NV 18,540 €2,361,996.00 1.17% €2,361,996.00 1.17% 15,370.24 Financials France
LU2598331598 Tenaris SA 149,772 €2,283,320.12 1.13% €2,283,320.12 1.13% 19,187.37 Energy Italy
GB00BDCPN049 Coca-Cola Europacific Partners PLC 29,235 €2,251,297.94 1.12% €2,251,297.94 1.12% 41,659.21 Consumer Staples United Kingdom
NL0000395903 Wolters Kluwer NV 18,988 €2,205,456.20 1.09% €2,205,456.20 1.09% 31,959.60 Industrials Netherlands
SE0000108656 Telefonaktiebolaget LM Ericsson 312,103 €2,205,092.44 1.09% €2,205,092.44 1.09% 27,654.93 Information Technology Sweden
DE0008402215 Hannover Rueck SE 8,549 €2,196,097.41 1.09% €2,196,097.41 1.09% 36,371.39 Financials Germany
FR0000130809 Societe Generale 37,805 €2,141,826.93 1.06% €2,141,826.93 1.06% 52,226.52 Financials France
GB00B06QFB75 IG Group Holdings PLC 170,839 €2,110,104.52 1.05% €2,110,104.52 1.05% 5,028.10 Financials United Kingdom
DE000KBX1006 Knorr-Bremse AG 26,118 €2,089,088.56 1.04% €2,089,088.56 1.04% 15,138.00 Industrials Germany
SE0009922164 Essity AB 93,465 €2,082,037.06 1.03% €2,082,037.06 1.03% 18,039.54 Consumer Staples Sweden
DK0010272202 Genmab AS 7,829 €2,055,522.66 1.02% €2,055,522.66 1.02% 19,791.58 Health Care Denmark
GB0004082847 Standard Chartered PLC 121,933 €2,012,693.48 1.00% €2,012,693.48 1.00% 44,489.11 Financials United Kingdom
GB0007973794 Serco Group PLC 738,387 €2,010,198.60 1.00% €2,010,198.60 1.00% 3,244.23 Industrials United Kingdom
DE0007164600 SAP SE 8,654 €1,976,120.10 0.98% €1,976,120.10 0.98% 329,351.55 Information Technology Germany
NL0015002CX3 QIAGEN NV 51,654 €1,965,760.16 0.98% €1,965,760.16 0.98% 9,688.14 Health Care Germany
GB0009223206 Smith & Nephew PLC 125,045 €1,915,858.91 0.95% €1,915,858.91 0.95% 15,442.91 Health Care United Kingdom
FR0006174348 Bureau Veritas SA 67,491 €1,804,965.06 0.90% €1,804,965.06 0.90% 14,250.91 Industrials France
FR001400AJ45 Cie Generale des Etablissements Michelin SCA 56,684 €1,734,210.76 0.86% €1,734,210.76 0.86% 25,350.01 Consumer Discretionary France
IT0003132476 Eni SpA 113,160 €1,682,236.56 0.84% €1,682,236.56 0.84% 54,921.84 Energy Italy
IT0000066123 BPER Banca SPA 175,324 €1,659,312.10 0.82% €1,659,312.10 0.82% 21,826.61 Financials Italy
DE0005439004 Continental AG 29,087 €1,632,362.44 0.81% €1,632,362.44 0.81% 13,177.93 Consumer Discretionary Germany
FR0000121014 LVMH Moet Hennessy Louis Vuitton SE 3,017 €1,572,380.53 0.78% €1,572,380.53 0.78% 306,028.59 Consumer Discretionary France
FI0009000681 Nokia Oyj 375,748 €1,532,676.09 0.76% €1,532,676.09 0.76% 26,127.80 Information Technology Finland
US7835132033 Ryanair Holdings PLC ADR 29,351 €1,505,487.18 0.75% €1,505,487.18 0.75% 31,896.96 Industrials Ireland
FR0010208488 Engie SA 77,246 €1,410,125.73 0.70% €1,410,125.73 0.70% 52,193.72 Utilities France
LU1598757687 ArcelorMittal 43,930 €1,352,175.86 0.67% €1,352,175.86 0.67% 30,818.45 Materials France
GB00BD3VFW73 Convatec Group PLC 503,618 €1,339,846.76 0.67% €1,339,846.76 0.67% 6,299.88 Health Care United Kingdom
DE0006766504 Aurubis AG 12,537 €1,331,429.40 0.66% €1,331,429.40 0.66% 5,605.39 Materials Germany
FR0010411983 SCOR SE 41,623 €1,253,667.28 0.62% €1,253,667.28 0.62% 6,342.64 Financials France
GB0031743007 Burberry Group PLC 88,169 €1,185,249.58 0.59% €1,185,249.58 0.59% 5,668.80 Consumer Discretionary United Kingdom
FR0000130403 Christian Dior SE 2,375 €1,175,392.24 0.58% €1,175,392.24 0.58% 104,882.03 Consumer Discretionary France
GB0005405286 HSBC Holdings PLC 97,113 €1,167,520.23 0.58% €1,167,520.23 0.58% 246,695.23 Financials United Kingdom
IE00BF0L3536 AIB Group PLC 147,590 €1,140,847.68 0.57% €1,140,847.68 0.57% 19,391.63 Financials Ireland
NO0010582521 Gjensidige Forsikring ASA 44,198 €1,106,360.38 0.55% €1,106,360.38 0.55% 14,694.36 Financials Norway
DE0008404005 Allianz SE 3,053 €1,093,058.24 0.54% €1,093,058.24 0.54% 162,322.20 Financials Germany
FR0000125338 Capgemini SE 8,648 €1,071,871.99 0.53% €1,071,871.99 0.53% 24,933.98 Information Technology France
DE0005785802 Fresenius Medical Care AG 23,818 €1,064,494.78 0.53% €1,064,494.78 0.53% 15,395.89 Health Care Germany
GB0009895292 AstraZeneca PLC 8,115 €1,055,826.81 0.52% €1,055,826.81 0.52% 236,873.56 Health Care United Kingdom
GB00B10RZP78 Unilever PLC 20,194 €1,016,746.34 0.50% €1,016,746.34 0.50% 144,936.22 Consumer Staples United Kingdom
NO0010345853 Aker BP ASA 45,713 €990,720.79 0.49% €990,720.79 0.49% 16,081.65 Energy Norway
GB00B1YW4409 3i Group PLC 18,786 €882,241.12 0.44% €882,241.12 0.44% 54,768.79 Financials United Kingdom
GB00BP6MXD84 Shell PLC 26,457 €802,076.69 0.40% €802,076.69 0.40% 210,436.75 Energy United Kingdom
DE0007236101 Siemens AG 3,413 €784,369.35 0.39% €784,369.35 0.39% 215,854.40 Industrials Germany
GB00B1N7Z094 Safestore Holdings PLC REIT 101,591 €769,674.68 0.38% €769,674.68 0.38% 1,943.44 Real Estate United Kingdom
DE0007030009 Rheinmetall AG 383 €760,063.50 0.38% €760,063.50 0.38% 107,181.40 Industrials Germany
ES0184262212 Viscofan SA 12,713 €739,741.36 0.37% €739,741.36 0.37% 3,176.66 Consumer Staples Spain
DE000AUM0V10 Aumovio SE 13,824 €485,498.88 0.24% €485,498.88 0.24% 4,125.37 Consumer Discretionary Germany
ES0105066007 Cellnex Telecom SA 12,826 €378,783.02 0.19% €378,783.02 0.19% 24,495.31 Communication Services Spain
- Other - €-386.63 -0.00% €-404.79 -0.00% - - -
- Cash & Cash Equivalents - €4,061,578.87 2.02% €4,061,597.02 2.02% - - -

*Short positions, unlike long positions, lose value if the underlying asset gains value.

Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.
Other. Other consists of: (i) currency derivatives and/or (ii) any derivative offsets.
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