FACTORY MUTUAL INSURANCE CO

13F filer, CIK 887818, WALTHAM, MA

FACTORY MUTUAL INSURANCE CO reported $9,248,140,455 across 172 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-01-24. Its ten largest share positions make up 39.93% of the portfolio.

Filed 2025-01-24 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0001085146-25-000453

Period: 2024-12-31
Reported value: $9.25B
Holdings: 172
Top 10 weight: 39.93%
New: 6
Sold out: 7

Largest buys vs the previous quarter

Security	Shares change	Approx. value
IXUSadded	+598,590	$39.6M
INTUnew	+52,900	$33.2M
BLKnew	+20,700	$21.2M
ANETnew	+166,520	$18.4M
TSLAadded	+38,200	$15.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
AGGreduced	-952,019	-$92.3M
VGKexited	-789,005	-$56.1M
ACWXreduced	-1,070,700	-$55.8M
AVGOreduced	-136,000	-$31.5M
IEMGreduced	-585,000	-$30.5M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0001085146-25-000453, largest first. % of portfolio is the value over $9,248,140,455, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
IXUSISHARES TR	8,597,060	$569M	6.15%	+598,590	Timeline
AGGISHARES TR	5,798,857	$562M	6.08%	-952,019	Timeline
AAPLAPPLE INC	1,934,521	$484M	5.24%	0	Timeline
MSFTMICROSOFT CORP	1,103,168	$465M	5.03%	-11,800	Timeline
NVDANVIDIA CORPORATION	2,972,148	$399M	4.32%	-133,900	Timeline
GOOGALPHABET INC	1,658,121	$316M	3.41%	-21,000	Timeline
AMZNAMAZON COM INC	1,414,024	$310M	3.35%	-74,000	Timeline
AVGOBROADCOM INC	901,145	$209M	2.26%	-136,000	Timeline
METAMETA PLATFORMS INC	329,541	$193M	2.09%	-20,500	Timeline
XLKSELECT SECTOR SPDR TR	799,885	$186M	2.01%	-130,815	Timeline
XLUSELECT SECTOR SPDR TR	2,257,300	$171M	1.85%	0	Timeline
XLISELECT SECTOR SPDR TR	1,108,500	$146M	1.58%	0	Timeline
JPMJPMORGAN CHASE & CO	566,725	$136M	1.47%	-25,700	Timeline
IWMISHARES TR	589,455	$130M	1.41%	+17,905	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	254,500	$115M	1.25%	0	Timeline
VVISA INC	345,051	$109M	1.18%	-28,300	Timeline
TSLATESLA INC	269,400	$109M	1.18%	+38,200	Timeline
XLBSELECT SECTOR SPDR TR	1,124,300	$94.6M	1.02%	0	Timeline
UNHUNITEDHEALTH GROUP INC	184,600	$93.4M	1.01%	-37,900	Timeline
IWRISHARES TR	978,700	$86.5M	0.94%	0	Timeline
WMTWALMART INC	883,576	$79.8M	0.86%	0	Timeline
DFAEDIMENSIONAL ETF TRUST	3,086,900	$78.3M	0.85%	0	Timeline
XOMEXXON MOBIL CORP	683,654	$73.5M	0.8%	0	Timeline
JNJJOHNSON & JOHNSON	494,560	$71.5M	0.77%	0	Timeline
IEMGISHARES INC	1,365,000	$71.3M	0.77%	-585,000	Timeline
LLYELI LILLY & CO	90,500	$69.9M	0.76%	-6,100	Timeline
NOWSERVICENOW INC	64,400	$68.3M	0.74%	-13,500	Timeline
PGPROCTER & GAMBLE CO	397,537	$66.6M	0.72%	0	Timeline
DFCFDIMENSIONAL ETF TRUST	1,611,770	$66.5M	0.72%	0	Timeline
EEMISHARES TR	1,546,400	$64.7M	0.7%	0	Timeline
MSMORGAN STANLEY	508,850	$64M	0.69%	-146,400	Timeline
XLYSELECT SECTOR SPDR TR	284,000	$63.7M	0.69%	0	Timeline
GLDSPDR GOLD TR	252,100	$61M	0.66%	0	Timeline
ETNEATON CORP PLC	169,119	$56.1M	0.61%	-43,000	Timeline
MRKMERCK & CO INC	558,980	$55.6M	0.6%	0	Timeline
KOCOCA COLA CO	877,400	$54.6M	0.59%	0	Timeline
KLACKLA CORP	86,552	$54.5M	0.59%	+17,500	Timeline
UNPUNION PAC CORP	235,150	$53.6M	0.58%	+47,300	Timeline
CDNSCADENCE DESIGN SYSTEM INC	176,071	$52.9M	0.57%	+28,300	Timeline
PMPHILIP MORRIS INTL INC	420,806	$50.6M	0.55%	-63,200	Timeline
LCTDBLACKROCK ETF TRUST	1,147,970	$50M	0.54%	0	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	85,200	$49.9M	0.54%	+17,544	Timeline
WFCWELLS FARGO & CO	706,064	$49.6M	0.54%	+100,500	Timeline
ABBVABBVIE INC	276,300	$49.1M	0.53%	0	Timeline
TMUST-MOBILE US INC	218,607	$48.3M	0.52%	-98,000	Timeline
DFAXDIMENSIONAL ETF TRUST	1,937,480	$48.2M	0.52%	0	Timeline
DHRDANAHER CORP DEL	206,400	$47.4M	0.51%	0	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	90,735	$47.2M	0.51%	0	Timeline
MDLZMONDELEZ INTL INC	789,500	$47.2M	0.51%	0	Timeline
VZVERIZON COMMUNICATIONS INC	1,159,366	$46.4M	0.5%	0	Timeline
HESS CORPHESS CORP	342,700	$45.6M	0.49%	0
NFLXNETFLIX INC.	49,348	$44M	0.48%	-23,100	Timeline
AMTAMERICAN TOWER CORP	227,700	$41.8M	0.45%	+46,200	Timeline
ASMLASML HLDG NV	59,921	$41.5M	0.45%	0	Timeline
QQQINVESCO QQQ TR	80,154	$41M	0.44%	0	Timeline
LCTUBLACKROCK ETF TRUST	637,908	$40.9M	0.44%	0	Timeline
ADBEADOBE INC	89,150	$39.6M	0.43%	+21,600	Timeline
MCDMCDONALDS CORP	136,200	$39.5M	0.43%	0	Timeline
CMCSACOMCAST CORP NEW	1,046,200	$39.3M	0.42%	0	Timeline
CTVACORTEVA INC	663,058	$37.8M	0.41%	0	Timeline
DXCMDEXCOM INC	481,630	$37.5M	0.41%	+77,400	Timeline
LINLINDE PLC	88,600	$37.1M	0.4%	+12,300	Timeline
HDHOME DEPOT INC	93,400	$36.3M	0.39%	0	Timeline
HONHONEYWELL INTL INC	159,400	$36M	0.39%	-72,000	Timeline
ALGNALIGN TECHNOLOGY INC	168,293	$35.1M	0.38%	0	Timeline
KIESPDR SERIES TRUST	615,100	$34.8M	0.38%	0	Timeline
BJBJS WHSL CLUB HLDGS INC	384,237	$34.3M	0.37%	-128,600	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	173,420	$34.2M	0.37%	+27,000	Timeline
WELLWELLTOWER INC	265,300	$33.4M	0.36%	+91,500	Timeline
INTUINTUIT	52,900	$33.2M	0.36%	new	Timeline
CBCHUBB LIMITED	120,200	$33.2M	0.36%	0	Timeline
BKNGBOOKING HOLDINGS INC	6,530	$32.4M	0.35%	0	Timeline
ACWIISHARES TR	275,000	$32.3M	0.35%	0	Timeline
AXPAMERICAN EXPRESS CO	108,500	$32.2M	0.35%	0	Timeline
TJXTJX COS INC NEW	257,200	$31.1M	0.34%	-67,400	Timeline
AMEAMETEK INC	171,300	$30.9M	0.33%	0	Timeline
NOCNORTHROP GRUMMAN CORP	65,200	$30.6M	0.33%	0	Timeline
GEGE AEROSPACE	181,067	$30.2M	0.33%	0	Timeline
BACBANK OF AMER CORP	662,080	$29.1M	0.31%	-129,000	Timeline
MDTMEDTRONIC PLC	362,740	$29M	0.31%	0	Timeline
FISVFISERV INC	140,500	$28.9M	0.31%	-68,000	Timeline
LVSLAS VEGAS SANDS CORP	554,600	$28.5M	0.31%	0	Timeline
KKRKKR & CO INC	190,000	$28.1M	0.3%	-20,000	Timeline
SPGSIMON PPTY GROUP INC NEW	160,592	$27.7M	0.3%	0	Timeline
USFDUS FOODS HLDG CORP	404,100	$27.3M	0.29%	-82,500	Timeline
GSGOLDMAN SACHS GROUP INC	47,200	$27M	0.29%	0	Timeline
XLRESELECT SECTOR SPDR TR	659,000	$26.8M	0.29%	0	Timeline
COSTCOSTCO WHOLESALE CORPORATION	29,200	$26.8M	0.29%	0	Timeline
XLPSELECT SECTOR SPDR TR	336,700	$26.5M	0.29%	0	Timeline
TXNTEXAS INSTRS INC	139,000	$26.1M	0.28%	0	Timeline
VLTOVERALTO CORP	252,166	$25.7M	0.28%	0	Timeline
RTXRTX CORPORATION	221,815	$25.7M	0.28%	0	Timeline
NKENIKE INC	335,400	$25.4M	0.27%	0	Timeline
BKLNINVESCO EXCH TRADED FD TR II	1,200,000	$25.3M	0.27%	0	Timeline
DEDEERE & CO	58,900	$25M	0.27%	0	Timeline
VPLVANGUARD INTL EQUITY INDEX F	350,000	$24.9M	0.27%	0	Timeline
APHAMPHENOL CORP	352,634	$24.5M	0.26%	0	Timeline
CRBGCOREBRIDGE FINL INC	808,400	$24.2M	0.26%	0	Timeline
NXPINXP SEMICONDUCTORS N V	114,400	$23.8M	0.26%	+59,800	Timeline
ECLECOLAB INC	101,400	$23.8M	0.26%	0	Timeline
XLESELECT SECTOR SPDR TR	276,600	$23.7M	0.26%	-161,760	Timeline
HHYATT HOTELS CORP	150,548	$23.6M	0.26%	0	Timeline
WHWYNDHAM HOTELS & RESORTS INC	232,200	$23.4M	0.25%	0	Timeline
CATCATERPILLAR INC	64,100	$23.3M	0.25%	0	Timeline
ABTABBOTT LABORATORIES	198,300	$22.4M	0.24%	0	Timeline
EWYISHARES INC	437,000	$22.2M	0.24%	0	Timeline
EWTISHARES INC	427,152	$22.1M	0.24%	0	Timeline
SPGIS&P GLOBAL INC	44,100	$22M	0.24%	0	Timeline
DDOGDATADOG INC	152,495	$21.8M	0.24%	+77,655	Timeline
BNBROOKFIELD CORP	374,000	$21.5M	0.23%	+96,000	Timeline
BLKBLACKROCK INC	20,700	$21.2M	0.23%	new	Timeline
MAMASTERCARD INCORPORATED	40,100	$21.1M	0.23%	0	Timeline
CVXCHEVRON CORPORATION	144,550	$20.9M	0.23%	0	Timeline
PGRPROGRESSIVE CORP	87,100	$20.9M	0.23%	0	Timeline
SLBSLB LIMITED	539,147	$20.7M	0.22%	0	Timeline
PNCPNC FINL SVCS GROUP INC	107,000	$20.6M	0.22%	-30,800	Timeline
CRMSALESFORCE INC	60,100	$20.1M	0.22%	-17,600	Timeline
CNQCANADIAN NAT RES LTD MED TER	649,200	$20M	0.22%	+72,200	Timeline
WBDWARNER BROS DISCOVERY INC	1,831,406	$19.4M	0.21%	0	Timeline
LENLENNAR CORP	139,500	$19M	0.21%	0	Timeline
MPWRMONOLITHIC PWR SYS INC	31,272	$18.5M	0.2%	+17,800	Timeline
ANETARISTA NETWORKS INC	166,520	$18.4M	0.2%	new	Timeline
LOWLOWES COS INC	68,600	$16.9M	0.18%	-66,800	Timeline
AMGNAMGEN INC	64,800	$16.9M	0.18%	-31,000	Timeline
MRSHMARSH & MCLENNAN COS INC	79,400	$16.9M	0.18%	0	Timeline
HUBBHUBBELL INC	40,000	$16.8M	0.18%	0	Timeline
PLTRPALANTIR TECHNOLOGIES INC	218,857	$16.6M	0.18%	-50,000	Timeline
MRVLMARVELL TECHNOLOGY INC	148,809	$16.4M	0.18%	0	Timeline
FDXFEDEX CORP	55,600	$15.6M	0.17%	0	Timeline
UPSUNITED PARCEL SVCS INC	123,700	$15.6M	0.17%	0	Timeline
LHXL3HARRIS TECHNOLOGIES INC	73,100	$15.4M	0.17%	0	Timeline
FXIISHARES TR	498,000	$15.2M	0.16%	0	Timeline
UBERUBER TECHNOLOGIES INC	247,200	$14.9M	0.16%	0	Timeline
GEVGE VERNOVA INC	45,265	$14.9M	0.16%	0	Timeline
ILMNILLUMINA INC	111,000	$14.8M	0.16%	0	Timeline
DISDISNEY WALT CO	130,606	$14.5M	0.16%	0	Timeline
PFEPFIZER INC	545,400	$14.5M	0.16%	0	Timeline
ACNACCENTURE PLC IRELAND	40,600	$14.3M	0.15%	0	Timeline
EXASEXACT SCIENCES CORP	253,500	$14.2M	0.15%	0	Timeline
IDXXIDEXX LABS INC	33,400	$13.8M	0.15%	new	Timeline
ZBHZIMMER BIOMET HOLDINGS INC	129,600	$13.7M	0.15%	0	Timeline
BABOEING CO	71,100	$12.6M	0.14%	0	Timeline
CITHE CIGNA GROUP	45,200	$12.5M	0.13%	0	Timeline
ORCLORACLE CORP	74,456	$12.4M	0.13%	-48,540	Timeline
AONAON PLC	34,000	$12.2M	0.13%	0	Timeline
OTISOTIS WORLDWIDE CORP	130,800	$12.1M	0.13%	-113,200	Timeline
VRTXVERTEX PHARMACEUTICALS INC	29,900	$12M	0.13%	0	Timeline
PEPPEPSICO INC	77,000	$11.7M	0.13%	-48,500	Timeline
APOAPOLLO GLOBAL MGMT INC	70,600	$11.7M	0.13%	-70,000	Timeline
QCOMQUALCOMM INC	73,300	$11.3M	0.12%	0	Timeline
EWAISHARES INC	465,100	$11.1M	0.12%	0	Timeline
MUMICRON TECHNOLOGY INC	131,745	$11.1M	0.12%	+46,000	Timeline
SBUXSTARBUCKS CORP	121,300	$11.1M	0.12%	-201,800	Timeline
IBBISHARES TR	71,000	$9.39M	0.1%	0	Timeline
AIGAMERICAN INTL GROUP INC	126,800	$9.23M	0.1%	0	Timeline
CVSCVS HEALTH CORP	201,243	$9.03M	0.1%	0	Timeline
ORLYOREILLY AUTOMOTIVE INC	7,500	$8.89M	0.1%	0	Timeline
AMDADVANCED MICRO DEVICES INC	73,072	$8.83M	0.1%	0	Timeline
ISRGINTUITIVE SURGICAL INC	15,300	$7.99M	0.09%	-5,200	Timeline
BIIBBIOGEN INC	49,200	$7.52M	0.08%	0	Timeline
DALDELTA AIR LINES INC	118,000	$7.14M	0.08%	0	Timeline
BSXBOSTON SCIENTIFIC CORP	71,100	$6.35M	0.07%	-85,300	Timeline
IBMINTERNATIONAL BUSINESS MACHS	28,800	$6.33M	0.07%	0	Timeline
METMETLIFE INC	68,800	$5.63M	0.06%	0	Timeline
EWEDWARDS LIFESCIENCES CORP	75,100	$5.56M	0.06%	0	Timeline
HUMHUMANA INC	21,600	$5.48M	0.06%	new	Timeline
ACWXISHARES TR	90,000	$4.69M	0.05%	-1,070,700	Timeline
REGNREGENERON PHARMACEUTICALS	3,900	$2.78M	0.03%	new	Timeline
VWOVANGUARD INTL EQUITY INDEX F	28,100	$1.24M	0.01%	0	Timeline
GOOGLALPHABET INC	5,000	$946K	0.01%	0	Timeline
VEUVANGUARD INTL EQUITY INDEX F	12,000	$689K	0.01%	0	Timeline
GILDGILEAD SCIENCES INC	6,000	$554K	0.01%	0	Timeline

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
VGKVANGUARD INTL EQUITY INDEX F	789,005	$56.1M	shares
CCICROWN CASTLE INC	196,960	$23.4M	shares
DDDUPONT DE NEMOURS INC	257,890	$23M	shares
BLACKROCK INCBLACKROCK INC	20,700	$19.7M	shares
ARISTA NETWORKS INCARISTA NETWORKS INC	29,130	$11.2M	shares
IBKRINTERACTIVE BROKERS GROUP IN	30,000	$4.18M	shares
MRNAMODERNA INC	41,000	$2.74M	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001085146-25-000453	base		2025-01-24	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC