Factory Mutual Insurance’s State Street Materials Select Sector SPDR ETF XLB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-1,317,600	Closed	-$59.8M	–	206
2025 Q4	$59.8M	Hold	1,317,600	–	–	0.61%	40
2025 Q3	$59M	Sell	1,317,600 -350,000	-21%	-$15.8M	0.58%	39
2025 Q2	$73.2M	Hold	1,667,600	–	–	0.8%	28
2025 Q1	$71.7M	Sell	1,667,600 -581,000	-26%	-$25.4M	0.83%	27
2024 Q4	$94.6M	Hold	2,248,600	–	–	1.02%	18
2024 Q3	$108M	Buy	2,248,600 +444,000	+25%	+$20.2M	1.12%	18
2024 Q2	$79.7M	Sell	1,804,600 -6,000	-0.3%	-$271K	0.91%	21
2024 Q1	$84.1M	Hold	1,810,600	–	–	0.97%	24
2023 Q4	$77.4M	Buy	1,810,600 +734,000	+68%	+$29.3M	0.96%	26
2023 Q3	$42.3M	Buy	+1,076,600	New	+$44.2M	0.59%	45