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Portfolio (Quarterly) Guide ↗

FACTORY MUTUAL INSURANCE CO

· CIK 0000887818
13F Portfolio $9.9B AUM Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 196 New
Page 2 of 10  ·  196 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BERKSHIRE HATHAWAY INC DEL 231,100.0 $116.2M 1.18% NEW $502.65
22 DFAE DIMENSIONAL ETF TRUST 3,086,900.0 $100.5M 1.02% NEW $32.57 +18.2%
23 HYDB ISHARES TR 2,116,815.0 $100.2M 1.02% NEW $47.35 -1.8%
24 GLD SPDR GOLD TR Financial Services 252,100.0 $99.9M 1.01% NEW $396.31 +7.8%
25 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 317,975.0 $96.6M 0.98% NEW $303.89 +37.5%
26 LLY ELI LILLY & CO Healthcare 85,900.0 $92.3M 0.94% NEW $1074.68 -6.3%
27 XOM EXXON MOBIL CORP Energy 663,004.0 $79.8M 0.81% NEW $120.34 +27.0%
28 UNH UNITEDHEALTH GROUP INC Healthcare 240,700.0 $79.5M 0.81% NEW $330.11 +20.9%
29 JNJ JOHNSON & JOHNSON Healthcare 378,260.0 $78.3M 0.79% NEW $206.95 +11.5%
30 IWR ISHARES TR 758,700.0 $73.0M 0.74% NEW $96.27 +7.7%
31 NOW SERVICENOW INC Technology 469,850.0 $72.0M 0.73% NEW $153.19 -40.9%
32 KLAC KLA CORP Technology 58,652.0 $71.3M 0.72% NEW $1215.08 +55.8%
33 VOO VANGUARD INDEX FDS 112,887.0 $70.8M 0.72% NEW $627.13 +8.3%
34 CDNS CADENCE DESIGN SYSTEM INC Technology 220,421.0 $68.9M 0.70% NEW $312.58 +11.1%
35 WMT WALMART INC Consumer Defensive 611,826.0 $68.2M 0.69% NEW $111.41 +18.9%
36 XLY SELECT SECTOR SPDR TR 568,000.0 $67.8M 0.69% NEW $119.41 -2.4%
37 PM PHILIP MORRIS INTL INC Consumer Defensive 418,406.0 $67.1M 0.68% NEW $160.40 +19.6%
38 ASML ASML HOLDING N V Technology 60,681.0 $64.9M 0.66% NEW $1069.86 +40.4%
39 WFC WELLS FARGO CO NEW Financial Services 689,364.0 $64.2M 0.65% NEW $93.20 -20.8%
40 XLB SELECT SECTOR SPDR TR 1,317,600.0 $59.8M 0.61% NEW $45.35 +10.9%
Page 2 of 10  ·  196 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 37.8%
Financial Services 13.5%
Communication Services 10.7%
Consumer Cyclical 10.4%
Healthcare 9.6%
Industrials 6.9%
Consumer Defensive 5.1%
Energy 2.6%
Real Estate 1.5%
Basic Materials 1.5%