13F HOLDINGS REPORT
FACTORY MUTUAL INSURANCE CO
Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001085146-25-004651
Total Value
$9.15B
Positions
162
Other Managers
0
Confidential Omitted
No
Holdings (162)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F834 | 8,299,460 | $641.6M | 7.01% |
| 2 | MICROSOFT CORP | MSFT | 1,067,268 | $530.9M | 5.80% |
| 3 | NVIDIA CORPORATION | NVDA | 3,018,848 | $476.9M | 5.21% |
| 4 | APPLE INC | AAPL | 1,825,221 | $374.5M | 4.09% |
| 5 | AMAZON COM INC | AMZN | 1,342,024 | $294.4M | 3.22% |
| 6 | ALPHABET INC | GOOG | 1,658,121 | $294.1M | 3.21% |
| 7 | META PLATFORMS INC | META | 325,341 | $240.1M | 2.62% |
| 8 | BROADCOM INC | AVGO | 833,945 | $229.9M | 2.51% |
| 9 | ISHARES TR | 464287226 | 2,253,600 | $223.6M | 2.44% |
| 10 | SELECT SECTOR SPDR TR | 81369Y886 | 2,257,300 | $184.3M | 2.01% |
| 11 | JPMORGAN CHASE & CO. | VYLD | 566,725 | $164.3M | 1.80% |
| 12 | J P MORGAN EXCHANGE TRADED F | 46641Q670 | 3,216,300 | $151.4M | 1.65% |
| 13 | SELECT SECTOR SPDR TR | 81369Y704 | 923,500 | $136.2M | 1.49% |
| 14 | SELECT SECTOR SPDR TR | 81369Y803 | 496,200 | $125.7M | 1.37% |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 254,500 | $123.6M | 1.35% |
| 16 | VISA INC | V | 345,051 | $122.5M | 1.34% |
| 17 | DIMENSIONAL ETF TRUST | 25434V872 | 2,793,770 | $118.1M | 1.29% |
| 18 | VANGUARD INTL EQUITY INDEX F | 922042874 | 1,412,500 | $109.5M | 1.20% |
| 19 | ISHARES TR | 464287499 | 978,700 | $90.0M | 0.98% |
| 20 | DIMENSIONAL ETF TRUST | 25434V302 | 3,086,900 | $89.4M | 0.98% |
| 21 | TESLA INC | TSLA | 269,400 | $85.6M | 0.94% |
| 22 | DIMENSIONAL ETF TRUST | 25434V880 | 2,860,480 | $84.0M | 0.92% |
| 23 | SERVICENOW INC | NOW | 79,000 | $81.2M | 0.89% |
| 24 | VANGUARD INDEX FDS | 922908363 | 136,200 | $77.4M | 0.85% |
| 25 | SPDR GOLD TR | GLD | 252,100 | $76.8M | 0.84% |
| 26 | PHILIP MORRIS INTL INC | 718172109 | 420,806 | $76.6M | 0.84% |
| 27 | EXXON MOBIL CORP | XOM | 683,654 | $73.7M | 0.81% |
| 28 | SELECT SECTOR SPDR TR | 81369Y100 | 833,800 | $73.2M | 0.80% |
| 29 | ELI LILLY & CO | LLY | 86,500 | $67.4M | 0.74% |
| 30 | CADENCE DESIGN SYSTEM INC | CDNS | 215,971 | $66.6M | 0.73% |
| 31 | WALMART INC | WMT | 679,576 | $66.4M | 0.73% |
| 32 | UNITEDHEALTH GROUP INC | UNH | 212,400 | $66.3M | 0.72% |
| 33 | JOHNSON & JOHNSON | JNJ | 432,560 | $66.1M | 0.72% |
| 34 | PROCTER AND GAMBLE CO | 742718109 | 397,537 | $63.3M | 0.69% |
| 35 | SELECT SECTOR SPDR TR | 81369Y407 | 284,000 | $61.7M | 0.67% |
| 36 | KLA CORP | KLAC | 68,252 | $61.1M | 0.67% |
| 37 | NETFLIX INC | NFLX | 44,348 | $59.4M | 0.65% |
| 38 | ASML HOLDING N V | ASMLF | 70,621 | $56.6M | 0.62% |
| 39 | WELLS FARGO CO NEW | 949746101 | 706,064 | $56.6M | 0.62% |
| 40 | VERIZON COMMUNICATIONS INC | VZ | 1,305,366 | $56.5M | 0.62% |
| 41 | UNION PAC CORP | UNP | 235,150 | $54.1M | 0.59% |
| 42 | EATON CORP PLC | ETN | 150,119 | $53.6M | 0.59% |
| 43 | COCA COLA CO | KO | 726,400 | $51.4M | 0.56% |
| 44 | ISHARES TR | 46435U853 | 1,355,000 | $50.8M | 0.56% |
| 45 | KKR & CO INC | KKRT | 379,000 | $50.4M | 0.55% |
| 46 | AMERICAN TOWER CORP NEW | 03027X100 | 227,700 | $50.3M | 0.55% |
| 47 | CORTEVA INC | CTVA | 663,058 | $49.4M | 0.54% |
| 48 | HESS CORP | HESM | 342,700 | $47.5M | 0.52% |
| 49 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 206,420 | $46.8M | 0.51% |
| 50 | GE AEROSPACE | 369604301 | 181,067 | $46.6M | 0.51% |
| 51 | MORGAN STANLEY | MS-PQ | 329,050 | $46.3M | 0.51% |
| 52 | DEXCOM INC | DXCM | 497,930 | $43.5M | 0.48% |
| 53 | ABBVIE INC | ABBV | 233,300 | $43.3M | 0.47% |
| 54 | ORACLE CORP | ORCL-PD | 197,956 | $43.3M | 0.47% |
| 55 | DANAHER CORPORATION | 235851102 | 216,800 | $42.8M | 0.47% |
| 56 | ISHARES TR | 464287655 | 194,755 | $42.0M | 0.46% |
| 57 | ALIGN TECHNOLOGY INC | ALGN | 220,293 | $41.7M | 0.46% |
| 58 | LINDE PLC | LIN | 88,600 | $41.6M | 0.45% |
| 59 | WELLTOWER INC | WELL | 265,300 | $40.8M | 0.45% |
| 60 | MCDONALDS CORP | MCD | 136,200 | $39.8M | 0.43% |
| 61 | THERMO FISHER SCIENTIFIC INC | TMO | 96,435 | $39.1M | 0.43% |
| 62 | AMPHENOL CORP NEW | 032095101 | 393,634 | $38.9M | 0.42% |
| 63 | UNILEVER PLC | UNLYF | 629,900 | $38.5M | 0.42% |
| 64 | BOOKING HOLDINGS INC | BKNG | 6,530 | $37.8M | 0.41% |
| 65 | T-MOBILE US INC | TMUSZ | 157,907 | $37.6M | 0.41% |
| 66 | COMCAST CORP NEW | CCZ | 1,046,200 | $37.3M | 0.41% |
| 67 | SPDR SERIES TRUST | 78464A789 | 615,100 | $36.7M | 0.40% |
| 68 | AMETEK INC | AME | 201,800 | $36.5M | 0.40% |
| 69 | MONDELEZ INTL INC | 609207105 | 539,500 | $36.4M | 0.40% |
| 70 | CHUBB LIMITED | CB | 120,200 | $34.8M | 0.38% |
| 71 | AMERICAN EXPRESS CO | AXP | 108,500 | $34.6M | 0.38% |
| 72 | HOME DEPOT INC | HD | 93,400 | $34.2M | 0.37% |
| 73 | INTUIT | INTU | 42,200 | $33.2M | 0.36% |
| 74 | IDEXX LABS INC | 45168D104 | 61,100 | $32.8M | 0.36% |
| 75 | BJS WHSL CLUB HLDGS INC | 05550J101 | 301,537 | $32.5M | 0.36% |
| 76 | RTX CORPORATION | RTX | 221,815 | $32.4M | 0.35% |
| 77 | TJX COS INC NEW | 872540109 | 257,200 | $31.8M | 0.35% |
| 78 | CVS HEALTH CORP | CVS | 449,243 | $31.0M | 0.34% |
| 79 | DEERE & CO | DE | 58,900 | $30.0M | 0.33% |
| 80 | HUBBELL INC | HUBB | 71,600 | $29.2M | 0.32% |
| 81 | MONOLITHIC PWR SYS INC | 609839105 | 39,972 | $29.2M | 0.32% |
| 82 | COREBRIDGE FINL INC | 21871X109 | 815,400 | $28.9M | 0.32% |
| 83 | COSTCO WHSL CORP NEW | 22160K105 | 29,200 | $28.9M | 0.32% |
| 84 | L3HARRIS TECHNOLOGIES INC | LHX | 114,900 | $28.8M | 0.32% |
| 85 | VANGUARD INTL EQUITY INDEX F | 922042866 | 350,000 | $28.8M | 0.31% |
| 86 | APOLLO GLOBAL MGMT INC | 03769M106 | 199,400 | $28.3M | 0.31% |
| 87 | VERALTO CORP | VLTO | 280,066 | $28.3M | 0.31% |
| 88 | SPDR S&P 500 ETF TR | SPY | 44,550 | $27.5M | 0.30% |
| 89 | ECOLAB INC | ECL | 101,400 | $27.3M | 0.30% |
| 90 | SELECT SECTOR SPDR TR | 81369Y860 | 659,000 | $27.3M | 0.30% |
| 91 | SELECT SECTOR SPDR TR | 81369Y308 | 336,700 | $27.3M | 0.30% |
| 92 | FISERV INC | FISV | 157,000 | $27.1M | 0.30% |
| 93 | ABBOTT LABS | ABLZF | 198,300 | $27.0M | 0.29% |
| 94 | SIMON PPTY GROUP INC NEW | 828806109 | 160,592 | $25.8M | 0.28% |
| 95 | BANK AMERICA CORP | 060505104 | 535,080 | $25.3M | 0.28% |
| 96 | PALANTIR TECHNOLOGIES INC | PLTR | 184,857 | $25.2M | 0.28% |
| 97 | INVESCO EXCH TRADED FD TR II | IVZ | 1,200,000 | $25.1M | 0.27% |
| 98 | NXP SEMICONDUCTORS N V | NXPI | 114,400 | $25.0M | 0.27% |
| 99 | CATERPILLAR INC | CAT | 64,100 | $24.9M | 0.27% |
| 100 | LAS VEGAS SANDS CORP | LVS | 554,600 | $24.1M | 0.26% |
| 101 | GE VERNOVA INC | GEV | 45,265 | $24.0M | 0.26% |
| 102 | NIKE INC | NKE | 335,400 | $23.8M | 0.26% |
| 103 | SELECT SECTOR SPDR TR | 81369Y506 | 276,600 | $23.5M | 0.26% |
| 104 | NORTHROP GRUMMAN CORP | NOC | 46,800 | $23.4M | 0.26% |
| 105 | S&P GLOBAL INC | SPGI | 44,100 | $23.3M | 0.25% |
| 106 | PROGRESSIVE CORP | 743315103 | 87,100 | $23.2M | 0.25% |
| 107 | BROOKFIELD CORP | 11271J107 | 374,000 | $23.1M | 0.25% |
| 108 | UBER TECHNOLOGIES INC | UBER | 247,200 | $23.1M | 0.25% |
| 109 | MASTERCARD INCORPORATED | MA | 40,100 | $22.5M | 0.25% |
| 110 | MERCK & CO INC | MRK | 281,024 | $22.2M | 0.24% |
| 111 | BLACKROCK INC | BLK | 20,700 | $21.7M | 0.24% |
| 112 | MEDTRONIC PLC | MDT | 245,740 | $21.4M | 0.23% |
| 113 | WARNER BROS DISCOVERY INC | WBD | 1,831,406 | $21.0M | 0.23% |
| 114 | DATADOG INC | DDOG | 155,941 | $20.9M | 0.23% |
| 115 | CANADIAN NAT RES LTD | 136385101 | 649,200 | $20.4M | 0.22% |
| 116 | GOLDMAN SACHS GROUP INC | GSCE | 28,600 | $20.2M | 0.22% |
| 117 | PNC FINL SVCS GROUP INC | 693475105 | 107,000 | $19.9M | 0.22% |
| 118 | FEDEX CORP | FDX | 86,600 | $19.7M | 0.22% |
| 119 | ADOBE INC | ADBE | 49,650 | $19.2M | 0.21% |
| 120 | HONEYWELL INTL INC | 438516106 | 82,400 | $19.2M | 0.21% |
| 121 | SCHLUMBERGER LTD | SLB | 539,147 | $18.2M | 0.20% |
| 122 | AMGEN INC | AMGN | 64,800 | $18.1M | 0.20% |
| 123 | MARSH & MCLENNAN COS INC | 571748102 | 79,400 | $17.4M | 0.19% |
| 124 | ARISTA NETWORKS INC | ANET | 166,520 | $17.0M | 0.19% |
| 125 | HYATT HOTELS CORP | H | 120,548 | $16.8M | 0.18% |
| 126 | US FOODS HLDG CORP | USFD | 217,800 | $16.8M | 0.18% |
| 127 | AON PLC | AON | 46,000 | $16.4M | 0.18% |
| 128 | MICRON TECHNOLOGY INC | MU | 131,745 | $16.2M | 0.18% |
| 129 | DISNEY WALT CO | 254687106 | 130,606 | $16.2M | 0.18% |
| 130 | LENNAR CORP | LEN-B | 139,500 | $15.4M | 0.17% |
| 131 | LOWES COS INC | 548661107 | 68,600 | $15.2M | 0.17% |
| 132 | TEXAS INSTRS INC | 882508104 | 73,000 | $15.2M | 0.17% |
| 133 | BOEING CO | BA-PA | 71,100 | $14.9M | 0.16% |
| 134 | SYSCO CORP | SYY | 190,000 | $14.4M | 0.16% |
| 135 | SALESFORCE INC | CRM | 51,800 | $14.1M | 0.15% |
| 136 | EXACT SCIENCES CORP | 30063P105 | 253,500 | $13.5M | 0.15% |
| 137 | REGENERON PHARMACEUTICALS | REGN | 25,600 | $13.4M | 0.15% |
| 138 | OTIS WORLDWIDE CORP | OTIS | 130,800 | $13.0M | 0.14% |
| 139 | WYNDHAM HOTELS & RESORTS INC | WH | 154,700 | $12.6M | 0.14% |
| 140 | ACCENTURE PLC IRELAND | ACN | 40,600 | $12.1M | 0.13% |
| 141 | MARVELL TECHNOLOGY INC | MRVL | 148,809 | $11.5M | 0.13% |
| 142 | STARBUCKS CORP | SBUX | 121,300 | $11.1M | 0.12% |
| 143 | AMERICAN INTL GROUP INC | 026874784 | 126,800 | $10.9M | 0.12% |
| 144 | PFIZER INC | PFE | 442,400 | $10.7M | 0.12% |
| 145 | ADVANCED MICRO DEVICES INC | AMD | 73,072 | $10.4M | 0.11% |
| 146 | PEPSICO INC | PEP | 77,000 | $10.2M | 0.11% |
| 147 | OREILLY AUTOMOTIVE INC | 67103H107 | 112,500 | $10.1M | 0.11% |
| 148 | ISHARES TR | 464287556 | 71,000 | $9.0M | 0.10% |
| 149 | INTERNATIONAL BUSINESS MACHS | INTR | 28,800 | $8.5M | 0.09% |
| 150 | INTUITIVE SURGICAL INC | ISRG | 15,300 | $8.3M | 0.09% |
| 151 | BOSTON SCIENTIFIC CORP | BSX | 71,100 | $7.6M | 0.08% |
| 152 | EDWARDS LIFESCIENCES CORP | EW | 75,100 | $5.9M | 0.06% |
| 153 | DELTA AIR LINES INC DEL | DAL | 118,000 | $5.8M | 0.06% |
| 154 | METLIFE INC | MET-PF | 68,800 | $5.5M | 0.06% |
| 155 | ISHARES TR | 464288240 | 90,000 | $5.5M | 0.06% |
| 156 | QUALCOMM INC | QCOM | 34,100 | $5.4M | 0.06% |
| 157 | GALLAGHER ARTHUR J & CO | 363576109 | 14,500 | $4.6M | 0.05% |
| 158 | CHEVRON CORP NEW | CVX | 15,550 | $2.2M | 0.02% |
| 159 | VANGUARD INTL EQUITY INDEX F | 922042858 | 28,100 | $1.4M | 0.02% |
| 160 | ALPHABET INC | GOOG | 5,000 | $881,150 | 0.01% |
| 161 | VANGUARD INTL EQUITY INDEX F | 922042775 | 12,000 | $806,640 | 0.01% |
| 162 | GILEAD SCIENCES INC | GILD | 6,000 | $665,220 | 0.01% |