Factory Mutual Insurance Co Top Holdings and 13F Report (2024)

About Factory Mutual Insurance Co

Investment Activity

Factory Mutual Insurance Co has $8.78 billion in total holdings as of June 30, 2024.
Factory Mutual Insurance Co owns shares of 170 different stocks, but just 68 companies or ETFs make up 80% of its holdings.
Approximately 9.07% of the portfolio was purchased this quarter.
About 7.50% of the portfolio was sold this quarter.
This quarter, Factory Mutual Insurance Co has purchased 169 new stocks and bought additional shares in 29 stocks.
Factory Mutual Insurance Co sold shares of 53 stocks and completely divested from 7 stocks this quarter.

Largest Holdings

iShares Core U.S. Aggregate Bond ETF: $584,640,573
Microsoft: $494,102,331
iShares Core MSCI Total International Stock ETF: $444,470,484
Apple: $408,314,040
NVIDIA: $373,214,340

Largest New Holdings this Quarter

Dimensional Emerging Core Equity Market ETF: $35,108,177 Holding
Canadian Natural Resources: $20,541,200 Holding
Uber Technologies: $17,966,496 Holding
NXP Semiconductors: $8,341,790 Holding
GE VERNOVA INC: $7,763,400 Holding

Largest Purchases this Quarter

NVIDIA: 2,710,940 shares (about $334.91M)
iShares Core MSCI Total International Stock ETF: 1,892,150 shares (about $127.83M)
SPDR S&P 500 ETF Trust: 169,700 shares (about $92.35M)
Dimensional Emerging Core Equity Market ETF: 1,357,100 shares (about $35.11M)
Exxon Mobil: 249,134 shares (about $28.68M)

Largest Sales this Quarter

iShares MSCI ACWI ETF: 592,000 shares (about $66.54M)
Technology Select Sector SPDR Fund: 232,300 shares (about $52.55M)
iShares Russell Mid-Cap ETF: 350,000 shares (about $28.38M)
Chevron: 178,850 shares (about $27.98M)
Consumer Discretionary Select Sector SPDR Fund: 141,063 shares (about $25.73M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
AGG iShares Core U.S. Aggregate Bond ETF	$584,640,573	$9,922,010 ▼	-1.7%	6,022,876	6.7%	Finance
MSFT Microsoft	$494,102,331	$3,977,855 ▼	-0.8%	1,105,498	5.6%	Computer and Technology
IXUS iShares Core MSCI Total International Stock ETF	$444,470,484	$127,833,654 ▲	40.4%	6,578,900	5.1%	Manufacturing
AAPL Apple	$408,314,040	$3,833,284 ▲	0.9%	1,938,629	4.7%	Computer and Technology
NVDA NVIDIA	$373,214,340	$334,909,528 ▲	874.3%	3,021,000	4.3%	Computer and Technology
GOOG Alphabet	$317,723,792	$3,173,166 ▼	-1.0%	1,732,220	3.6%	Computer and Technology
XLK Technology Select Sector SPDR Fund	$311,744,940	$52,553,229 ▼	-14.4%	1,378,000	3.6%	ETF
AMZN Amazon.com	$275,459,323	$2,357,650 ▼	-0.8%	1,425,404	3.1%	Retail/Wholesale
META Meta Platforms	$171,933,978	$5,243,888 ▲	3.1%	340,990	2.0%	Computer and Technology
AVGO Broadcom	$153,376,281	$481,659 ▲	0.3%	95,530	1.7%	Computer and Technology
XLU Utilities Select Sector SPDR Fund	$146,582,768	$327,072 ▼	-0.2%	2,151,200	1.7%	ETF
UNH UnitedHealth Group	$119,421,470		0.0%	234,500	1.4%	Medical
JPM JPMorgan Chase & Co.	$115,778,681	$1,355,142 ▼	-1.2%	572,425	1.3%	Finance
XLI Industrial Select Sector SPDR Fund	$105,905,030	$3,656,100 ▼	-3.3%	869,000	1.2%	ETF
IEMG iShares Core MSCI Emerging Markets ETF	$104,383,500		0.0%	1,950,000	1.2%	ETF
BRK.B Berkshire Hathaway	$104,181,480	$610,200 ▼	-0.6%	256,100	1.2%	Finance
V Visa	$98,964,576	$1,679,808 ▲	1.7%	377,051	1.1%	Business Services
LLY Eli Lilly and Company	$93,978,444	$452,690 ▼	-0.5%	103,800	1.1%	Medical
SPY SPDR S&P 500 ETF Trust	$93,527,472	$92,354,134 ▲	7,871.1%	171,856	1.1%	Finance
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF	$91,982,322		0.0%	2,053,970	1.0%	ETF
XLB Materials Select Sector SPDR Fund	$79,682,113	$264,930 ▼	-0.3%	902,300	0.9%	ETF
XOM Exxon Mobil	$79,588,672	$28,680,306 ▲	56.3%	691,354	0.9%	Oils/Energy
MRK Merck & Co., Inc.	$74,153,724	$5,075,800 ▼	-6.4%	598,980	0.8%	Medical
ETN Eaton	$73,815,627	$15,896,985 ▼	-17.7%	235,419	0.8%	Industrial Products
JNJ Johnson & Johnson	$73,161,850	$862,344 ▼	-1.2%	500,560	0.8%	Medical
TMO Thermo Fisher Scientific	$70,250,355	$663,600 ▼	-0.9%	127,035	0.8%	Medical
MS Morgan Stanley	$69,515,148	$4,392,988 ▲	6.7%	715,250	0.8%	Finance
PG Procter & Gamble	$66,650,274	$1,071,980 ▼	-1.6%	404,137	0.8%	Consumer Staples
EEM iShares MSCI Emerging Markets ETF	$65,861,176		0.0%	1,546,400	0.8%	Finance
LCTU BlackRock U.S. Carbon Transition Readiness ETF	$62,609,829		0.0%	1,053,908	0.7%	ETF
NOW ServiceNow	$62,068,263	$4,877,354 ▲	8.5%	78,900	0.7%	Computer and Technology
KO Coca-Cola	$61,791,420	$992,940 ▼	-1.6%	970,800	0.7%	Consumer Staples
ACWX iShares MSCI ACWI ex U.S. ETF	$61,667,991		0.0%	1,160,700	0.7%	Manufacturing
WMT Walmart	$60,300,901	$467,199 ▼	-0.8%	890,576	0.7%	Retail/Wholesale
IWR iShares Russell Mid-Cap ETF	$56,650,596	$28,378,000 ▼	-33.4%	698,700	0.6%	ETF
TMUS T-Mobile US	$56,484,541	$16,631,392 ▼	-22.7%	320,607	0.6%	Computer and Technology
HON Honeywell International	$55,691,232	$704,682 ▼	-1.2%	260,800	0.6%	Multi-Sector Conglomerates
ASML ASML	$54,886,851	$8,284,113 ▼	-13.1%	53,667	0.6%	Computer and Technology
MDLZ Mondelez International	$54,773,280	$418,816 ▼	-0.8%	837,000	0.6%	Consumer Staples
GLD SPDR Gold Shares	$54,204,021		0.0%	252,100	0.6%	Finance
PM Philip Morris International	$53,746,040	$597,847 ▼	-1.1%	530,406	0.6%	Consumer Staples
VGK Vanguard FTSE Europe ETF	$52,681,864		0.0%	789,005	0.6%	ETF
XLY Consumer Discretionary Select Sector SPDR Fund	$51,801,600	$25,729,891 ▼	-33.2%	284,000	0.6%	Finance
KLAC KLA	$50,954,718	$3,462,942 ▲	7.3%	61,800	0.6%	Computer and Technology
NFLX Netflix	$48,893,706		0.0%	72,448	0.6%	Consumer Discretionary
VZ Verizon Communications	$48,232,902	$416,524 ▼	-0.9%	1,169,566	0.5%	Computer and Technology
ABBV AbbVie	$47,390,976	$10,119,680 ▲	27.2%	276,300	0.5%	Medical
TSLA Tesla	$46,482,012	$732,156 ▼	-1.6%	234,900	0.5%	Auto/Tires/Trucks
UNP Union Pacific	$43,045,965	$2,273,913 ▲	5.6%	190,250	0.5%	Transportation
EW Edwards Lifesciences	$42,361,990	$461,850 ▼	-1.1%	458,612	0.5%	Medical
CMCSA Comcast	$41,439,112	$462,088 ▼	-1.1%	1,058,200	0.5%	Consumer Discretionary
TJX TJX Companies	$40,615,890		0.0%	368,900	0.5%	Retail/Wholesale
XLE Energy Select Sector SPDR Fund	$39,956,514		0.0%	438,360	0.5%	ETF
HES Hess	$39,137,056	$1,844,000 ▲	4.9%	265,300	0.4%	Oils/Energy
QQQ Invesco QQQ	$38,402,583		0.0%	80,154	0.4%	Finance
ADBE Adobe	$37,526,727		0.0%	67,550	0.4%	Computer and Technology
DHR Danaher	$37,052,755	$599,640 ▼	-1.6%	148,300	0.4%	Multi-Sector Conglomerates
WFC Wells Fargo & Company	$36,291,091	$320,706 ▼	-0.9%	611,064	0.4%	Finance
BJ BJ's Wholesale Club	$35,481,826	$1,668,960 ▼	-4.5%	403,937	0.4%	Consumer Discretionary
MCD McDonald's	$35,295,340	$560,648 ▼	-1.6%	138,500	0.4%	Retail/Wholesale
DFAE Dimensional Emerging Core Equity Market ETF	$35,108,177	$35,108,177 ▲	New Holding	1,357,100	0.4%	ETF
CVX Chevron	$34,905,123	$27,975,717 ▼	-44.5%	223,150	0.4%	Oils/Energy
LINDE PLC	$34,051,656	$526,572 ▼	-1.5%	77,600	0.4%	SHS
ALGN Align Technology	$33,895,082		0.0%	140,393	0.4%	Medical
CTVA Corteva	$32,879,559	$4,153,380 ▲	14.5%	609,558	0.4%	Consumer Staples
HD Home Depot	$32,152,016		0.0%	93,400	0.4%	Retail/Wholesale
AMT American Tower	$31,761,692	$524,826 ▼	-1.6%	163,400	0.4%	Finance
FI Fiserv	$31,596,480	$506,736 ▼	-1.6%	212,000	0.4%	Business Services
BAC Bank of America	$31,461,252		0.0%	791,080	0.4%	Finance
CB Chubb	$31,068,744	$408,128 ▼	-1.3%	121,800	0.4%	Finance
ACWI iShares MSCI ACWI ETF	$30,910,000	$66,540,800 ▼	-68.3%	275,000	0.4%	Manufacturing
KIE SPDR S&P Insurance ETF	$30,650,433		0.0%	615,100	0.3%	ETF
LOW Lowe's Companies	$30,467,572	$1,036,162 ▼	-3.3%	138,200	0.3%	Retail/Wholesale
AMGN Amgen	$30,432,630	$4,655,505 ▲	18.1%	97,400	0.3%	Medical
DIS Walt Disney	$29,777,667	$417,018 ▼	-1.4%	299,906	0.3%	Consumer Discretionary
MDT Medtronic	$28,992,041	$3,053,948 ▲	11.8%	368,340	0.3%	Medical
H Hyatt Hotels	$28,948,052		0.0%	190,548	0.3%	Consumer Discretionary
EWY iShares MSCI South Korea ETF	$28,881,330		0.0%	437,000	0.3%	ETF
NOC Northrop Grumman	$28,816,295	$392,355 ▼	-1.3%	66,100	0.3%	Aerospace
GE General Electric	$28,784,221		0.0%	181,067	0.3%	Transportation
AME AMETEK	$28,557,423	$12,769,986 ▲	80.9%	171,300	0.3%	Computer and Technology
USFD US Foods	$26,082,054	$1,064,898 ▲	4.3%	492,300	0.3%	Consumer Staples
VPL Vanguard FTSE Pacific ETF	$25,963,000	$1,854,500 ▲	7.7%	350,000	0.3%	ETF
BKNG Booking	$25,868,595		0.0%	6,530	0.3%	Retail/Wholesale
XLP Consumer Staples Select Sector SPDR Fund	$25,784,486		0.0%	336,700	0.3%	ETF
AXP American Express	$25,539,965	$416,790 ▼	-1.6%	110,300	0.3%	Finance
SLB Schlumberger	$25,436,955		0.0%	539,147	0.3%	Oils/Energy
XLRE Real Estate Select Sector SPDR Fund	$25,312,190		0.0%	659,000	0.3%	ETF
BKLN Invesco Senior Loan ETF	$25,248,000		0.0%	1,200,000	0.3%	ETF
COST Costco Wholesale	$25,244,703	$424,995 ▼	-1.7%	29,700	0.3%	Retail/Wholesale
SBUX Starbucks	$25,153,335		0.0%	323,100	0.3%	Retail/Wholesale
ECL Ecolab	$24,561,600	$404,600 ▼	-1.6%	103,200	0.3%	Basic Materials
VERALTO CORP	$24,389,244	$10,702,187 ▲	78.2%	255,465	0.3%	COM SHS
SPG Simon Property Group	$24,377,866		0.0%	160,592	0.3%	Finance
CRBG Corebridge Financial	$23,939,552	$390,208 ▼	-1.6%	822,100	0.3%	Finance
PEP PepsiCo	$23,766,413	$346,353 ▼	-1.4%	144,100	0.3%	Consumer Staples
OTIS Otis Worldwide	$23,487,440	$2,570,142 ▲	12.3%	244,000	0.3%	Construction
TXN Texas Instruments	$23,440,865		0.0%	120,500	0.3%	Computer and Technology
EWT iShares MSCI Taiwan ETF	$23,147,367		0.0%	427,152	0.3%	ETF
TSM Taiwan Semiconductor Manufacturing	$22,946,049	$4,345,250 ▲	23.4%	132,018	0.3%	Computer and Technology