Full & Historical Holdings

Contrarian Capital Fund


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Based on Market Value Based on Equivalent Exposure
ISIN Securities
(on 30-Apr-26)
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
NL0015435975 Davide Campari-Milano NV 4,116,764 $30,439,332.43 4.45% $30,439,332.43 4.45% 13,490.11 Consumer Staples Italy
FR001400AJ45 Cie Generale des Etablissements Michelin SCA 817,183 $29,660,465.08 4.33% $29,660,465.08 4.33% 24,957.03 Consumer Discretionary France
DE0005552004 Deutsche Post AG 492,208 $29,103,514.33 4.25% $29,103,514.33 4.25% 67,997.76 Industrials Germany
NL0010801007 IMCD NV 237,490 $27,914,823.37 4.08% $27,914,823.37 4.08% 6,947.62 Industrials Netherlands
FR0000124141 Veolia Environnement SA 604,601 $25,574,810.14 3.74% $25,574,810.14 3.74% 31,375.13 Utilities France
CA13646K1084 Canadian Pacific Kansas City Ltd 281,792 $24,504,632.32 3.58% $24,504,632.32 3.58% 78,068.73 Industrials Canada
US0758871091 Becton Dickinson & Co 163,679 $24,394,718.16 3.56% $24,394,718.16 3.56% 42,437.92 Health Care United States
CA15135U1093 Cenovus Energy Inc 787,610 $23,042,383.33 3.37% $23,042,383.33 3.37% 55,100.91 Energy Canada
BE0974293251 Anheuser-Busch InBev SA/NV 300,818 $22,736,744.94 3.32% $22,736,744.94 3.32% 147,443.82 Consumer Staples Belgium
DE0006599905 Merck KGaA 161,399 $20,846,324.30 3.04% $20,846,324.30 3.04% 56,155.99 Health Care Germany
DE000ZAL1111 Zalando SE 795,339 $19,630,445.45 2.87% $19,630,445.45 2.87% 6,520.80 Consumer Discretionary Germany
BMG7496G1033 RenaissanceRe Holdings Ltd 62,918 $19,313,938.46 2.82% $19,313,938.46 2.82% 13,191.73 Financials United States
GB00BDR05C01 National Grid PLC 1,073,982 $19,211,975.00 2.81% $19,211,975.00 2.81% 88,967.37 Utilities United Kingdom
US4448591028 Humana Inc 79,840 $18,877,369.60 2.76% $18,877,369.60 2.76% 28,387.46 Health Care United States
IE00BTN1Y115 Medtronic PLC 229,121 $18,551,927.37 2.71% $18,551,927.37 2.71% 103,956.17 Health Care United States
DE000SYM9999 Symrise AG 208,395 $18,421,179.75 2.69% $18,421,179.76 2.69% 12,355.22 Materials Germany
US0528001094 Autoliv Inc 156,773 $18,174,693.89 2.65% $18,174,693.89 2.65% 8,683.16 Consumer Discretionary United States
DE0005200000 Beiersdorf AG 197,608 $16,369,099.17 2.39% $16,369,099.17 2.39% 20,096.07 Consumer Staples Germany
FR0000120578 Sanofi SA 169,683 $15,851,774.94 2.32% $15,851,774.94 2.32% 113,242.01 Health Care France
FR0000120693 Pernod Ricard SA 213,966 $15,780,455.95 2.30% $15,780,455.95 2.30% 18,605.40 Consumer Staples France
- EUR/USD FWD 20260528 BBHH-BOS 13,312,959 $15,645,978.80 2.29% $15,624,754.89 2.28% - Unclassified United States
BMG3223R1088 Everest Group Ltd 41,261 $14,720,274.36 2.15% $14,720,274.36 2.15% 16,013.62 Financials United States
GB00BM8PJY71 NatWest Group PLC 1,848,689 $15,107,556.00 2.14% $14,638,063.15 2.14% 63,392.32 Financials United Kingdom
JP3500610005 Resona Holdings Inc 1,171,700 $14,710,603.03 2.14% $14,628,474.19 2.14% 28,804.21 Financials Japan
NL0011821202 ING Groep NV 467,538 $13,560,917.95 1.98% $13,560,917.95 1.98% 84,704.60 Financials Netherlands
GB0032089863 Next PLC 69,479 $12,238,662.45 1.79% $12,238,662.45 1.79% 21,294.26 Consumer Discretionary United Kingdom
SE0007100581 Assa Abloy AB 305,496 $11,794,053.74 1.71% $11,690,236.52 1.71% 42,505.43 Industrials Sweden
US5218652049 Lear Corp 89,040 $11,319,655.20 1.65% $11,319,655.20 1.65% 6,438.75 Consumer Discretionary United States
FR0000131104 BNP Paribas SA 104,863 $11,036,301.94 1.61% $11,036,301.93 1.61% 117,535.97 Financials France
CA8787422044 Teck Resources Ltd 164,482 $9,602,401.88 1.40% $9,602,401.88 1.40% 28,582.68 Materials Canada
GB00BTK05J60 Anglo American PLC 172,452 $8,505,996.00 1.24% $8,482,319.14 1.24% 57,944.23 Materials United Kingdom
US9418481035 Waters Corp 17,392 $5,378,128.16 0.79% $5,378,128.16 0.79% 30,355.71 Health Care United States
- GBP/USD FWD 20260528 BBHH-BOS 190,167 $258,763.08 0.04% $258,770.19 0.04% - Unclassified United States
- CHF/USD FWD 20260528 BBHH-BOS 39,000 $50,069.61 0.01% $49,913.61 0.01% - Unclassified United States
- USD/CHF FWD 20260528 BBHH-BOS -49,524 $-49,523.94 -0.01% $-49,523.94 -0.01% - Unclassified United States
- USD/GBP FWD 20260528 BBHH-BOS -257,989 $-257,989.13 -0.04% $-257,989.13 -0.04% - Unclassified United States
- USD/EUR FWD 20260528 BBHH-BOS -15,660,314 $-15,660,313.98 -2.29% $-15,660,313.98 -2.29% - Unclassified United States
- Cash & Cash Equivalents - $118,941,286.99 17.37% $118,941,286.99 17.37% - - -
- Other - $-13,015.58 -0.00% $-13,015.58 -0.00% - - Other

*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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