FM
Factory Mutual Insurance Co 13F Filings Tracker & Latest Positions (Q2 2026)
Factory Mutual Insurance CoCIK: 0000887818
Diversified strategyMomentum followerQuality / disciplined sizing
Total reported value
$10.6B
Reporting period: 2026-06-30 · Number of holdings: 205
FACTORY MUTUAL INSURANCE CO disclosed 205 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $10.6B and a quarterly turnover rate of 29.7%.
Browse other institutions with $10B to $100B AUMBrowse other institutions starting with "F"
Personality snowflake
- Concentration
- 7.54
- Portfolio Stability
- 29.69
- Momentum
- 100
- Sector conviction
- 65.42
- Diversification
- 100
- Sizing Uniformity
- 83.04
Factory Mutual Insurance Co's disclosed holdings carry a Herfindahl concentration index of 0.019 — mathematically equivalent to about 53 equally-sized positions, well below its 205 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.70), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd DFCF
+122.4% $234.5M
Sold out VGK
Add MU
-11.6% $116.7M
New buy VOO
New buy RSP
Trim DFAE
-70.0% -$67.3M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 205 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 5.33% | -0.37% | -2.39% | |
| 2 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 4.97% | +0.13% | -0.26% | |
| 3 | AAPL | Apple Inc | Stock-Tech | 4.67% | -0.19% | +1.06% | |
| 4 | DFCF | Dimensional Core Fixed Inc | ETF-Other | 4.00% | +1.84% | +122.41% | |
| 5 | JCPB | Jpmorgan Core Plus Bond ETF | ETF-Other | 3.52% | +0.42% | +36.55% | |
| 6 | MSFT | Microsoft CORP | Stock-Tech | 3.24% | -0.81% | -5.01% | |
| 7 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.10% | -0.12% | +0.67% | |
| 8 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 2.74% | +0.70% | +61.33% | |
| 9 | AVGO | Broadcom Inc | Stock-Tech | 2.56% | -0.05% | -3.94% | |
| 10 | XLE | Ss Energy Select Sector | ETF-Other | 2.22% | +0.37% | +65.86% | |
| 11 | KLAC | Kla CORP | Stock-Tech | 1.68% | +0.62% | +827.57% | |
| 12 | DFAX | Dimensional World Ex US Core | ETF-Other | 1.66% | -0.18% | — | |
| 13 | MU | Micron Technology Inc | Stock-Tech | 1.64% | +0.99% | -11.56% | |
| 14 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.59% | -0.13% | -0.51% | |
| 15 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.50% | -0.34% | -0.56% | |
| 16 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.42% | +0.17% | -3.59% | |
| 17 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-Other | 1.36% | -0.30% | -0.86% | |
| 18 | JIRE | Jpmorgan Int Res Enh Eqty | ETF-Other | 1.30% | -0.12% | — | |
| 19 | V | Visa Inc-class A Shares | Stock-Financials | 1.20% | -0.01% | +4.54% | |
| 20 | AMD | Advanced Micro Devices | Stock-Tech | 1.16% | +0.79% | +31.35% | |
| 21 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.11% | -0.17% | -0.68% | |
| 22 | TSLA | Tesla Inc | Stock-Consumer Disc | 1.06% | -0.07% | -0.69% | |
| 23 | ASML | ASML Holding N.V. | Stock-Tech | 1.06% | +0.21% | -1.29% | |
| 24 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 1.02% | +0.22% | -0.42% | |
| 25 | CDNS | Cadence Design Sys Inc | Stock-Tech | 0.95% | +0.04% | -7.64% | |
| 26 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.94% | +0.94% | NEW | |
| 27 | HYDB | Ishares High Yield Systemati | ETF-High Yield | 0.93% | -0.18% | — | |
| 28 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.91% | +0.07% | -0.18% | |
| 29 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 0.90% | +0.90% | NEW | |
| 30 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 0.79% | -0.04% | — | |
| 31 | APH | Amphenol Corp-cl A | Stock-Tech | 0.68% | +0.08% | -2.57% | |
| 32 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.67% | -0.21% | -11.56% | |
| 33 | PM | Philip Morris International | Stock-Consumer Staples | 0.67% | -0.13% | -8.44% | |
| 34 | AME | Ametek Inc | Stock-Industrials | 0.64% | +0.12% | +29.77% | |
| 35 | CAT | Caterpillar Inc | Stock-Industrials | 0.64% | +0.13% | -0.16% | |
| 36 | XOM | Exxon Mobil CORP | Stock-Energy | 0.63% | -0.67% | -28.30% | |
| 37 | XLY | Ss Consumer Disc Select Sect | ETF-Other | 0.63% | -0.07% | — | |
| 38 | MS | Morgan Stanley | Stock-Financials | 0.62% | +0.01% | -4.08% | |
| 39 | ETN | Eaton Corporation plc | Stock-Industrials | 0.61% | +0.05% | +8.42% | |
| 40 | PFGC | Performance Food Group Co | Stock-Consumer Staples | 0.60% | +0.05% | — | |
| 41 | CRWD | Crowdstrike Holdings Inc - A | Stock-Tech | 0.59% | +0.18% | -12.03% | |
| 42 | WMT | Walmart Inc | Stock-Consumer Staples | 0.59% | -0.26% | -9.22% | |
| 43 | GLD | Spdr Gold Shares | ETF-Commodities | 0.58% | -0.24% | — | |
| 44 | XLI | Ss Industrial Select Sector | ETF-Other | 0.58% | -0.23% | -25.01% | |
| 45 | MRVL | Marvell Technology Inc | Stock-Tech | 0.55% | +0.41% | +55.52% | |
| 46 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.55% | -0.07% | -0.70% | |
| 47 | DDOG | Datadog Inc - Class A | Stock-Tech | 0.55% | +0.16% | -22.62% | |
| 48 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.54% | -0.11% | -0.69% | |
| 49 | UNP | Union Pacific CORP | Stock-Industrials | 0.53% | -0.04% | -0.93% | |
| 50 | ANET | Arista Networks Inc | Stock-Tech | 0.52% | +0.06% | -2.90% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+1.9%
Performance Last 4 Quarters
+20.6%
- Stdev
- +11.7%
- Beta
- +0.89
- Alpha
- +0.7%
- Max Drawdown
- -5.9%
- Annualized Perf
- +19.4%
- Batting Avg vs S&P
- +50%
- Sortino
- +3.27
- Stutzer
- +0.46
- Treynor
- +0.21
- Sterling
- +1.3
- Calmar
- +3.28
- Information Ratio
- -0.67
- Tracking Error
- +2.2%
- Stdev Down
- +5.7%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +32%
- Worst 12 Months
- +6.4%
- Efficiency Ratio
- +0.65
- Sharpe
- +1.59
- Stdev Sectors
- +10.8%
- Skewness
- -0.01
- Kurtosis
- +0.03
- Upside Potential
- +4.8
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 205 | $10.6B | 30 | ||
| 2026 Q1 | 196 | $8.9B | 24 | ||
| 2025 Q4 | 196 | $9.9B | 18 | ||
| 2025 Q3 | 195 | $10.3B | 34 | ||
| 2025 Q2 | 162 | $9.1B | 0 | ||
| 2025 Q1 | 167 | $8.6B | 100 | ||
| 2024 Q4 | 172 | $9.2B | 0 | ||
| 2024 Q3 | 173 | $9.7B | 0 | ||
| 2024 Q2 | 170 | $8.8B | 0 | ||
| 2024 Q1 | 169 | $8.7B | 0 | ||
| 2023 Q4 | 162 | $8.1B | 0 | ||
| 2023 Q3 | 156 | $7.2B | 0 | ||
| 2023 Q2 | 142 | $6.8B | 0 | ||
| 2023 Q1 | 147 | $6.4B | 0 | ||
| 2022 Q4 | 146 | $6.6B | 0 | ||
| 2022 Q3 | 144 | $6.1B | 0 | ||
| 2022 Q2 | 144 | $6.1B | 0 | ||
| 2022 Q1 | 136 | $7.4B | 0 | ||
| 2021 Q4 | 133 | $6.9B | 0 | ||
| 2021 Q3 | 129 | $8.0B | 0 | ||
| 2021 Q2 | 126 | $8.2B | 100 | ||
| 2021 Q1 | 130 | $7.8B | 16 | ||
| 2020 Q4 | 128 | $7.4B | 25 | ||
| 2020 Q3 | 106 | $6.2B | 12 | ||
| 2020 Q2 | 109 | $5.8B | 24 | ||
| 2020 Q1 | 113 | $5.3B | 30 | ||
| 2019 Q4 | 117 | $6.8B | 13 | ||
| 2019 Q3 | 116 | $6.5B | 31 | ||
| 2019 Q2 | 130 | $8.4B | 20 | ||
| 2019 Q1 | 127 | $8.5B | 23 | ||
| 2018 Q4 | 127 | $7.8B | 25 | ||
| 2018 Q3 | 138 | $9.6B | 15 | ||
| 2018 Q2 | 158 | $9.3B | 14 | ||
| 2018 Q1 | 162 | $9.1B | 15 | ||
| 2017 Q4 | 166 | $9.6B | 10 | ||
| 2017 Q3 | 166 | $9.1B | 10 | ||
| 2017 Q2 | 165 | $8.6B | 8 | ||
| 2017 Q1 | 166 | $8.4B | 12 | ||
| 2016 Q4 | 176 | $8.4B | 13 | ||
| 2016 Q3 | 177 | $8.1B | 14 | ||
| 2016 Q2 | 176 | $7.6B | 15 | ||
| 2016 Q1 | 186 | $7.7B | 18 | ||
| 2015 Q4 | 182 | $7.4B | 14 | ||
| 2015 Q3 | 193 | $7.3B | 14 | ||
| 2015 Q2 | 189 | $7.7B | 11 | ||
| 2015 Q1 | 185 | $7.6B | 16 | ||
| 2014 Q4 | 180 | $7.4B | 14 | ||
| 2014 Q3 | 179 | $7.2B | 11 | ||
| 2014 Q2 | 174 | $7.3B | 14 | ||
| 2014 Q1 | 172 | $6.9B | 11 | ||
| 2013 Q4 | 165 | $6.8B | 11 | ||
| 2013 Q3 | 165 | $6.3B | 9 | ||
| 2013 Q2 | 162 | $6.1B | — |
Holding changes this quarter
Factory Mutual Insurance Co's most significant position changes for 2026-06-30: New buy: Vanguard S&p 500 ETF (VOO); New buy: Invesco S&p 500 Equal Weight (RSP); Sold out: Vanguard Ftse Europe ETF (VGK); New buy: Ishares Core Intl Stock ETF (IXUS); New buy: Ss Materials Select Sector (XLB).
Showing top 200 changes by size (of 211 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | DFCF | Dimensional Core Fixed Inc | +1.8% | +122.41% | Add |
| 2 | MU | Micron Technology Inc | +1% | -11.56% | Trim |
| 3 | VOO | Vanguard S&p 500 ETF | +0.9% | NEW | New buy |
| 4 | RSP | Invesco S&p 500 Equal Weight | +0.9% | NEW | New buy |
| 5 | AMD | Advanced Micro Devices | +0.8% | +31.35% | Add |
| 6 | AGG | Ishares Core U.s. Aggregate | +0.7% | +61.33% | Add |
| 7 | KLAC | Kla CORP | +0.6% | +827.57% | Add |
| 8 | IXUS | Ishares Core Intl Stock ETF | +0.5% | NEW | New buy |
| 9 | XLB | Ss Materials Select Sector | +0.5% | NEW | New buy |
| 10 | JCPB | Jpmorgan Core Plus Bond ETF | +0.4% | +36.55% | Add |
| 11 | MRVL | Marvell Technology Inc | +0.4% | +55.52% | Add |
| 12 | FXI | Ishares China Large-cap ETF | +0.4% | NEW | New buy |
| 13 | XLE | Ss Energy Select Sector | +0.4% | +65.86% | Add |
| 14 | SYY | Sysco CORP | +0.3% | +146.55% | Add |
| 15 | LRCX | Lam Research CORP | +0.2% | +57.49% | Add |
| 16 | UNH | Unitedhealth Group Inc | +0.2% | -0.42% | Trim |
| 17 | ASML | ASML Holding N.V. | +0.2% | -1.29% | Trim |
| 18 | UL | Unilever Plc-sponsored Adr | +0.2% | NEW | New buy |
| 19 | SNDK | Sandisk CORP | +0.2% | NEW | New buy |
| 20 | CRWD | Crowdstrike Holdings Inc - A | +0.2% | -12.03% | Trim |
| 21 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -3.59% | Trim |
| 22 | DDOG | Datadog Inc - Class A | +0.2% | -22.62% | Trim |
| 23 | ISRG | Intuitive Surgical Inc | +0.2% | +95.04% | Add |
| 24 | INTC | Intel CORP | +0.2% | +33.33% | Add |
| 25 | ADI | Analog Devices Inc | +0.1% | NEW | New buy |
| 26 | GOOG | Alphabet Inc-cl C | +0.1% | -0.26% | Trim |
| 27 | CAT | Caterpillar Inc | +0.1% | -0.16% | Trim |
| 28 | DE | Deere & Co | +0.1% | +41.10% | Add |
| 29 | AME | Ametek Inc | +0.1% | +29.77% | Add |
| 30 | ✓ | +0.1% | NEW | New buy | |
| 31 | ✓ | +0.1% | NEW | New buy | |
| 32 | APH | Amphenol Corp-cl A | +0.1% | -2.57% | Trim |
| 33 | LLY | Eli Lilly & Co | +0.1% | -0.18% | Trim |
| 34 | WDC | Western Digital CORP | +0.1% | NEW | New buy |
| 35 | ANET | Arista Networks Inc | +0.1% | -2.90% | Trim |
| 36 | TXN | Texas Instruments Inc | +0.1% | -0.50% | Trim |
| 37 | PFGC | Performance Food Group Co | +0.1% | — | Unchanged |
| 38 | ETN | Eaton Corporation plc | +0.1% | +8.42% | Add |
| 39 | CRBG | Corebridge Financial Inc | +0.1% | +22.59% | Add |
| 40 | CDNS | Cadence Design Sys Inc | 0% | -7.64% | Trim |
| 41 | GEV | GE Vernova Inc | 0% | — | Unchanged |
| 42 | AJG | Arthur J Gallagher & Co | 0% | +44.60% | Add |
| 43 | ✓ | 0% | NEW | New buy | |
| 44 | ARM | Arm Holdings Plc-adr | 0% | NEW | New buy |
| 45 | GE | General Electric | 0% | -0.79% | Trim |
| 46 | DHR | Danaher CORP | 0% | +25.18% | Add |
| 47 | CVS | Cvs Health CORP | 0% | -0.68% | Trim |
| 48 | BE | Bloom Energy Corp- A | 0% | — | Unchanged |
| 49 | H | Hyatt Hotels CORP - Cl A | 0% | — | Unchanged |
| 50 | FN | Fabrinet | 0% | +25.48% | Add |
1–50 of 200
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Filing History
FAQ
What is Factory Mutual Insurance Co and what type of investor is it?
Factory Mutual Insurance Co is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $10.6B, spread across 205 disclosed positions.
What are Factory Mutual Insurance Co's largest equity positions?
Based on the latest 13F filing, Factory Mutual Insurance Co's top holdings by market value are:
1. Nvidia CORP (NVDA) — $566.9M (5.3%)
2. Alphabet Inc-cl C (GOOG) — $528.5M (5.0%)
3. Apple Inc (AAPL) — $497.3M (4.7%)
4. Dimensional Core Fixed Inc (DFCF) — $426.1M (4.0%)
5. Jpmorgan Core Plus Bond ETF (JCPB) — $374.7M (3.5%)
What changes did Factory Mutual Insurance Co make in its most recent portfolio filing?
In the latest reported quarter, Factory Mutual Insurance Co made 155 notable position adjustments: 15 new positions were initiated, 30 existing holdings were added to, 104 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Vanguard S&p 500 ETF (VOO); New buy: Invesco S&p 500 Equal Weight (RSP); Sold out: Vanguard Ftse Europe ETF (VGK); New buy: Ishares Core Intl Stock ETF (IXUS); New buy: Ss Materials Select Sector (XLB)
What sectors does Factory Mutual Insurance Co focus on?
Factory Mutual Insurance Co is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 41.0%
• Financials: 10.7%
• Communication Services: 10.0%
• Health Care: 9.5%
• Consumer Discretionary: 9.3%
• Industrials: 8.0%
Investment Profile
Factory Mutual Insurance Co returned an annualized 19.4% over the trailing 36 months — outperforming the S&P 500 by 0.7 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.89 (less volatile than the market) and a 50% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 41.0% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 30 over the past 4 quarters — a shift toward more active trading.
It has added to its XLE position over the past two quarters (+$211.6M, now $236.4M), while trimming MSFT over the same stretch (-$143.3M, still holding $344.6M).
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Developer Access
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