FMI
Factory Mutual Insurance Portfolio holdings
AUM
$10.6B
Turnover
9.05%
1-Year Est. Return
34.1%
This Fund
S&P 500
This Quarter
Est. Return
+9.83%
1 Year Est. Return
+34.1%
3 Year Est. Return
+103.46%
5 Year Est. Return
+134.35%
10 Year Est. Return
+476.92%
AUM
$6.78B
AUM Growth
+$314M
(+4.9%)
Cap. Flow
-$263M
Cap. Flow
% of AUM
-3.88%
Top 10 Holdings %
Top 10 Hldgs %
30.56%
Holding
119
New
3
Increased
11
Reduced
49
Closed
2
Avg Time Held
5
years
Top 10 Avg Time Held
2.8
years
Top 20 Avg Time Held
2.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exact Sciences
EXAS
|
+$25.8M |
| 2 |
American Express
AXP
|
+$20M |
| 3 |
Johnson & Johnson
JNJ
|
+$14.9M |
| 4 |
DuPont de Nemours
DD
|
+$14M |
| 5 |
Corteva
CTVA
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$39.8M |
| 2 |
Linde
LIN
|
+$28.4M |
| 3 |
JPMorgan Chase
JPM
|
+$27.7M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$23.4M |
| 5 |
Microsoft
MSFT
|
+$23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.5% |
| 2 | Healthcare | 15.48% |
| 3 | Financials | 13.97% |
| 4 | Communication Services | 13.26% |
| 5 | Consumer Discretionary | 10.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.96T
| $364M | 5.37% |
2,307,700
-156,300
| -6% | -$23M |
2013 Q2
26 quarters
|
|
2
Apple
AAPL
$5T
| $335M | 4.94% |
4,560,800
-244,800
| -5% | -$15.7M |
2013 Q2
26 quarters
|
|
3
Amazon
AMZN
$2.73T
| $284M | 4.19% |
3,073,000
-10,000
| -0.3% | -$885K |
2013 Q2
26 quarters
|
|
4
Alphabet (Google) Class C
GOOG
$4.19T
| $240M | 3.55% |
3,597,240
-138,000
| -4% | -$8.9M |
2016 Q1
15 quarters
|
|
5
Meta Platforms (Facebook)
META
$1.88T
| $180M | 2.66% |
877,500
-4,500
| -0.5% | -$872K |
2014 Q1
23 quarters
|
|
|
6
JPMorgan Chase
JPM
$889B
| $154M | 2.27% |
1,106,350
-216,200
| -16% | -$27.7M |
2013 Q2
26 quarters
|
|
|
7
Johnson & Johnson
JNJ
$612B
| $142M | 2.09% |
970,100
+110,000
| +13% | +$14.9M |
2013 Q2
26 quarters
|
|
|
8
Berkshire Hathaway Class B
BRK.B
$1.13T
| $128M | 1.88% |
563,300
-107,600
| -16% | -$23.4M |
2013 Q2
26 quarters
|
|
9
Visa
V
$734B
| $125M | 1.85% |
667,600
-3,600
| -0.5% | -$649K |
2013 Q2
26 quarters
|
|
10
UnitedHealth
UNH
$353B
| $121M | 1.78% |
410,600
-2,100
| -0.5% | -$549K |
2013 Q2
26 quarters
|
|
11
Bank of America
BAC
$358B
| $112M | 1.66% |
3,189,962
-16,700
| -0.5% | -$540K |
2013 Q2
26 quarters
|
|
12
ExxonMobil
XOM
$728B
| $105M | 1.54% |
1,499,799
-7,700
| -0.5% | -$532K |
2013 Q2
26 quarters
|
|
13
Procter & Gamble
PG
$363B
| $99.9M | 1.47% |
800,237
-110,600
| -12% | -$13.5M |
2013 Q2
26 quarters
|
|
14
Chevron
CVX
$435B
| $97.2M | 1.43% |
806,600
-4,300
| -0.5% | -$506K |
2013 Q2
26 quarters
|
|
15
Merck
MRK
$364B
| $95.7M | 1.41% |
1,102,848
-6,079
| -0.5% | -$499K |
2013 Q2
26 quarters
|
|
16
Verizon
VZ
$184B
| $94.3M | 1.39% |
1,535,866
-8,400
| -0.5% | -$507K |
2013 Q2
26 quarters
|
|
17
AT&T
T
$158B
| $92.8M | 1.37% |
3,144,399
-16,683
| -0.5% | -$482K |
2013 Q2
26 quarters
|
|
18
PepsiCo
PEP
$176B
| $92.4M | 1.36% |
676,300
-3,600
| -0.5% | -$490K |
2013 Q2
26 quarters
|
|
19
Comcast
CMCSA
$74.7B
| $88.2M | 1.3% |
1,962,300
-405,900
| -17% | -$18.1M |
2013 Q2
26 quarters
|
|
20
Wells Fargo
WFC
$241B
| $82.2M | 1.21% |
1,527,939
-7,900
| -0.5% | -$414K |
2013 Q2
26 quarters
|
|
21
Home Depot
HD
$293B
| $81.6M | 1.2% |
373,600
-2,000
| -0.5% | -$453K |
2013 Q2
26 quarters
|
|
22
Citigroup
C
$206B
| $79.9M | 1.18% |
1,000,668
+42,300
| +4% | +$3.13M |
2013 Q2
26 quarters
|
|
23
RTX Corp
RTX
$251B
| $79.5M | 1.17% |
843,524
-4,449
| -0.5% | -$404K |
2013 Q2
26 quarters
|
|
24
Walmart Inc
WMT
$917B
| $79.3M | 1.17% |
2,001,876
-10,500
| -0.5% | -$417K |
2013 Q2
26 quarters
|
|
25
Medtronic
MDT
$120B
| $78.7M | 1.16% |
693,840
+73,100
| +12% | +$8.02M |
2013 Q2
26 quarters
|
|
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Factory Mutual Insurance's Q4 2019 Portfolio in Review
As of Q4 2019, Factory Mutual Insurance held 119 positions worth $6.78B, up 4.9% from $6.47B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Factory Mutual Insurance withdrew a net $263M in Q4 2019, closing 2 positions and reducing 49 holdings. Its most notable exit was Viatris, an estimated $5.16M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Factory Mutual Insurance opened a new position in Exact Sciences worth $27.2M.
- Factory Mutual Insurance's largest Q4 2019 buy was Exact Sciences: 293,900 shares worth $27.2M.
- Factory Mutual Insurance added most to Johnson & Johnson in Q4 2019, an estimated $14.9M increase.
- Factory Mutual Insurance's biggest Q4 2019 reduction was Goldman Sachs, cutting an estimated $39.8M.
- Factory Mutual Insurance fully exited Viatris in Q4 2019, selling an estimated $5.16M.
- Factory Mutual Insurance's ten largest holdings make up 31% of its $6.78B portfolio in Q4 2019.
- Factory Mutual Insurance opened 3 new positions and closed 2 in Q4 2019.
- Factory Mutual Insurance's portfolio value rose 4.9% quarter-over-quarter to $6.78B.
Based on Factory Mutual Insurance's 13F filing for Q4 2019, filed 28 Jan 2020.