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
+10.57%
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
$6.4B
AUM Growth
-$214M
(-3.2%)
Cap. Flow
-$706M
Cap. Flow
% of AUM
-11.04%
Top 10 Holdings %
Top 10 Hldgs %
31.13%
Holding
152
New
6
Increased
11
Reduced
75
Closed
5
Avg Time Held
5.4
years
Top 10 Avg Time Held
3.6
years
Top 20 Avg Time Held
3.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$36.8M |
| 2 |
SPDR Gold Trust
GLD
|
+$24M |
| 3 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$20.1M |
| 4 |
S&P Global
SPGI
|
+$16.6M |
| 5 |
ServiceNow
NOW
|
+$15.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$108M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$71.4M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$70.4M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$61.2M |
| 5 |
iShares MSCI ACWI ex US ETF
ACWX
|
+$47.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 24.88% |
| 2 | Technology | 17.8% |
| 3 | Healthcare | 12% |
| 4 | Communication Services | 9.37% |
| 5 | Financials | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5T
| $368M | 5.75% |
2,230,129
-110,000
| -5% | -$16.2M |
2013 Q2
39 quarters
|
|
2
Microsoft
MSFT
$3.96T
| $346M | 5.4% |
1,199,492
-120,400
| -9% | -$30.7M |
2013 Q2
39 quarters
|
|
3
Alphabet (Google) Class C
GOOG
$4.2T
| $204M | 3.19% |
1,964,420
-80,800
| -4% | -$7.8M |
2016 Q1
28 quarters
|
|
|
4
iShares Russell 2000 ETF
IWM
$76.2B
| $190M | 2.98% |
1,067,790
-382,400
| -26% | -$70.4M |
2020 Q4
9 quarters
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$811B
| $169M | 2.64% |
412,556
+12,140
| +3% | +$4.84M |
2022 Q2
3 quarters
|
|
6
Amazon
AMZN
$2.73T
| $164M | 2.56% |
1,587,800
+42,900
| +3% | +$4.14M |
2013 Q2
39 quarters
|
|
7
iShares Russell Mid-Cap ETF
IWR
$55.7B
| $147M | 2.29% |
2,097,811
-297,100
| -12% | -$21M |
2021 Q3
6 quarters
|
|
8
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $146M | 2.29% |
4,322,600
-31,600
| -0.7% | -$1.07M |
2020 Q4
9 quarters
|
|
9
Vanguard FTSE Europe ETF
VGK
$29.3B
| $143M | 2.23% |
2,344,800
-167,305
| -7% | -$9.99M |
2020 Q4
9 quarters
|
|
10
Meta Platforms (Facebook)
META
$1.88T
| $115M | 1.8% |
542,156
-123,000
| -18% | -$20.9M |
2014 Q1
36 quarters
|
|
11
NVIDIA
NVDA
$5.33T
| $103M | 1.61% |
3,702,000
| – | – |
2017 Q3
22 quarters
|
|
12
Visa
V
$737B
| $96.9M | 1.51% |
429,851
-15,300
| -3% | -$3.41M |
2013 Q2
39 quarters
|
|
13
iShares U.S. Carbon Transition Readiness Aware Active ETF
LCTU
$1.18B
| $96.1M | 1.5% |
2,123,908
| – | – |
2021 Q2
7 quarters
|
|
14
Thermo Fisher Scientific
TMO
$250B
| $89.5M | 1.4% |
155,335
-5,100
| -3% | -$2.87M |
2013 Q2
39 quarters
|
|
15
UnitedHealth
UNH
$351B
| $88.8M | 1.39% |
187,900
-20,700
| -10% | -$9.99M |
2013 Q2
39 quarters
|
|
16
Johnson & Johnson
JNJ
$610B
| $86.7M | 1.35% |
559,300
+4,500
| +0.8% | +$727K |
2013 Q2
39 quarters
|
|
17
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$314M
| $85.7M | 1.34% |
2,053,970
| – | – |
2021 Q2
7 quarters
|
|
18
Invesco QQQ Trust
QQQ
$487B
| $83.3M | 1.3% |
259,700
-96,644
| -27% | -$28.5M |
2022 Q1
4 quarters
|
|
19
Merck
MRK
$364B
| $81.2M | 1.27% |
763,280
-46,500
| -6% | -$5.02M |
2013 Q2
39 quarters
|
|
20
Berkshire Hathaway Class B
BRK.B
$1.12T
| $80.6M | 1.26% |
260,900
-5,100
| -2% | -$1.57M |
2013 Q2
39 quarters
|
|
21
Broadcom
AVGO
$1.65T
| $79.1M | 1.24% |
1,233,080
-203,000
| -14% | -$12.2M |
2015 Q3
30 quarters
|
|
22
Chevron
CVX
$435B
| $77.6M | 1.21% |
475,600
-24,500
| -5% | -$4.11M |
2013 Q2
39 quarters
|
|
23
JPMorgan Chase
JPM
$885B
| $69.5M | 1.09% |
533,325
-22,300
| -4% | -$3.06M |
2013 Q2
39 quarters
|
|
24
Tesla
TSLA
$1.44T
| $67.4M | 1.05% |
324,800
-16,400
| -5% | -$2.86M |
2020 Q4
9 quarters
|
|
25
T-Mobile US
TMUS
$168B
| $65M | 1.02% |
449,007
-14,500
| -3% | -$2.1M |
2020 Q1
12 quarters
|
|
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Factory Mutual Insurance's Q1 2023 Portfolio in Review
As of Q1 2023, Factory Mutual Insurance held 152 positions worth $6.4B, down 3.2% from $6.61B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Factory Mutual Insurance withdrew a net $706M in Q1 2023, closing 5 positions and reducing 75 holdings. Its most notable exit was Vanguard Real Estate ETF, an estimated $22M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, down from 29% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Factory Mutual Insurance opened a new position in iShares Core US Aggregate Bond ETF worth $37.1M.
- Factory Mutual Insurance's largest Q1 2023 buy was iShares Core US Aggregate Bond ETF: 371,900 shares worth $37.1M.
- Factory Mutual Insurance added most to ServiceNow in Q1 2023, an estimated $15.6M increase.
- Factory Mutual Insurance's biggest Q1 2023 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $108M.
- Factory Mutual Insurance fully exited Vanguard Real Estate ETF in Q1 2023, selling an estimated $22M.
- Factory Mutual Insurance's ten largest holdings make up 31% of its $6.4B portfolio in Q1 2023.
- Factory Mutual Insurance opened 6 new positions and closed 5 in Q1 2023.
- Factory Mutual Insurance's portfolio value fell 3.2% quarter-over-quarter to $6.4B.
Based on Factory Mutual Insurance's 13F filing for Q1 2023, filed 8 May 2023.