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Factory Mutual Insurance Co.

CIK:0000887818
Insurance Company
$7B AUM
162 holdings
Johnston, RI, United States
Founded:1835
5,560 employees
Latest filing:Jun 30, 2025

Factory Mutual Insurance Company, operating as FM Global, is a leading mutual insurance firm headquartered in Johnston, Rhode Island. Founded in 1835, FM Global specializes in commercial property insurance, focusing on property loss prevention through engineering-based risk management. The company has approximately 5,560 employees and serves businesses worldwide, making it one of the largest property, casualty, and direct insurance providers in the United States.

Investment Strategy

FM Global employs a proactive, engineering-driven approach to commercial property insurance. Their strategy centers on property loss prevention with tailored insurance solutions for businesses, integrating data-backed insights, risk engineering, and industry-specific expertise. FM Global prioritizes resilience by helping clients identify and mitigate risks before they occur, partnering with brokers for long-term relationships and leveraging certification and approval programs to ensure best practices in loss prevention and equipment reliability.

Latest 13F Filing Activity

Factory Mutual Insurance Co. filed their most recent 13F report on Jun 30, 2025 disclosing 162 equity positions with a total 13F market value of $9B. The fund increased holdings in Nvidia Corporation, Select Sector SPDR TR, Microsoft Corp. among other positions. Factory Mutual Insurance Co. reduced exposure to Ishares TR, Ishares Inc., Ishares TR among others.

Top Buys
N
NVDANVIDIA CORPORATION
+$160.5M
X
XLKSELECT SECTOR SPDR TR
+$125.7M
M
MSFTMICROSOFT CORP
+$121.8M
A
AVGOBROADCOM INC
+$83.0M
M
METAMETA PLATFORMS INC
+$52.6M
Top Sells
A
AGGISHARES TR
-$300.0M
I
IEMGISHARES INC
-$73.7M
E
EEMISHARES TR
-$40.4M
A
AAPLAPPLE INC
-$36.7M
U
UNHUNITEDHEALTH GROUP INC
-$35.7M

Top Holdings

I
IXUSISHARES TR
+7.0%$641.6M
M
MSFTMICROSOFT CORP
+5.8%$530.9M
N
NVDANVIDIA CORPORATION
+5.2%$476.9M
A
AAPLAPPLE INC
+4.1%$374.5M
A
AMZNAMAZON COM INC
+3.2%$294.4M

Equity Positions (162)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES TR7.01%$641.6M8,299,460$68.38$77.31+$43.6M
MICROSOFT CORP5.80%$530.9M1,067,268$52.61$497.41+$121.8M
NVIDIA CORPORATION5.21%$476.9M3,018,848$13.72$157.99+$160.5M
APPLE INC4.09%$374.5M1,825,221$16.56$205.17-$36.7M
AMAZON COM INC3.22%$294.4M1,342,024$31.03$219.39+$39.1M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+9.4%
SERVICES-PREPACKAGED SOFTWARE
+9.1%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+9.1%
ELECTRONIC COMPUTERS
+4.1%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+3.2%