Factory Mutual Insurance Co.

Name: FACTORY MUTUAL INSURANCE CO 13F holdings, Q2 2026
Creator: FACTORY MUTUAL INSURANCE CO
Published: 2026-07-21

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Factory Mutual Insurance Co. reported 205 stock positions worth $10.6 billion. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Alphabet Class C (GOOG, 5.0%) and Apple (AAPL, 4.7%). Compared with Q1 2026, it opened 12 new positions, sold out of 5, added to 29 and reduced 109. The biggest buy was Dimensional Core Fixed (DFCF, shares +122%) and the biggest sale an exit from Vanguard Ftse Europe ETF (VGK).

Most Recent 13F: Q2 2026
Location: WALTHAM, MA
CIK: 0000887818
Portfolio Value: $10.6B (Q2 2026)
SEC Filing: 0000887818-26-000003 ↗ filed Jul 21, 2026

Holdings Value

Holdings 205 stocks · $10.6B


NVDA Nvidia Corp.	5.33%	2,833,098	$566.9M	Reduce -2.4%
GOOG Alphabet Inc. Class C	4.97%	1,495,671	$528.5M	Reduce -0.3%
AAPL Apple Inc.	4.67%	1,718,721	$497.3M	Add +1.1%
DFCF Dimensional Core Fixed Inc.	4.00%	10,093,835	$426.1M	Add +122.4%
JCPB JPMorgan Core Plus Bond ETF	3.52%	7,983,314	$374.7M	Add +36.5%
MSFT Microsoft Corp.	3.24%	923,818	$344.6M	Reduce -5.0%
AMZN Amazon.com Inc.	3.10%	1,383,424	$329.7M	Add +0.7%
AGG iShares Core U.S. Aggregate	2.74%	2,940,924	$291.1M	Add +61.3%
AVGO Broadcom Inc.	2.56%	720,520	$272.2M	Reduce -3.9%
XLE SS Energy Select Sector	2.22%	4,450,445	$236.4M	Add +65.9%
KLAC KLA Corp.	1.68%	593,895	$179.2M	Reduce -7.2%
DFAX Dimensional World Ex US Core	1.66%	4,806,630	$177.1M	No change
MU Micron Technology Inc.	1.64%	151,095	$174.4M	Reduce -11.6%
JPM JPMorgan Chase & Co.	1.59%	516,575	$169.1M	Reduce -0.5%
META Meta Platforms Inc. Class A	1.50%	283,991	$160.0M	Reduce -0.6%
TSM Taiwan Semiconductor-SP ADR	1.42%	316,675	$151.2M	Reduce -3.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	1.36%	3,181,400	$144.2M	Reduce -0.9%
JIRE JPMorgan Int Res Enh Eqty	1.30%	1,671,130	$137.9M	No change
V Visa Inc. Class A	1.20%	373,516	$128.1M	Add +4.5%
AMD Advanced Micro Devices	1.16%	211,572	$122.9M	Add +31.4%
BRK.B Berkshire Hathaway Inc. Class B	1.11%	235,400	$117.8M	Reduce -0.7%
TSLA Tesla Inc.	1.06%	267,550	$112.5M	Reduce -0.7%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV	1.06%	56,491	$112.4M	Reduce -1.3%
UNH Unitedhealth Group Inc.	1.02%	262,150	$109.0M	Reduce -0.4%
CDNS Cadence Design SYS Inc.	0.95%	269,471	$101.1M	Reduce -7.6%
VOO Vanguard S&P 500 ETF	0.94%	145,000	$99.6M	New
HYDB iShares High Yield Systemati	0.93%	2,116,815	$99.0M	No change
LLY Eli Lilly & Co.	0.91%	81,000	$97.2M	Reduce -0.2%
RSP Invesco S&P 500 Equal Weight	0.90%	448,071	$95.3M	New
IWR iShares Russell Mid-Cap ETF	0.79%	758,700	$83.7M	No change
APH Amphenol Corp. Class A	0.68%	409,634	$72.2M	Reduce -2.6%
JNJ Johnson & Johnson	0.67%	281,410	$71.5M	Reduce -11.6%
PM Philip Morris International	0.67%	394,256	$71.3M	Reduce -8.4%
AME Ametek Inc.	0.64%	282,000	$68.2M	Add +29.8%
CAT Caterpillar Inc.	0.64%	64,000	$68.2M	Reduce -0.2%
XOM Exxon Mobil Corp.	0.63%	488,054	$66.7M	Reduce -28.3%
XLY SS Consumer Disc Select Sect	0.63%	568,000	$66.6M	No change
MS Morgan Stanley	0.62%	315,620	$66.0M	Reduce -4.1%
ETN Eaton Corp. PLC	0.61%	151,919	$64.7M	Add +8.4%
PFGC Performance Food Group Co.	0.60%	571,450	$63.9M	No change
CRWD CrowdStrike Holdings Inc. Class A	0.59%	82,300	$62.8M	Reduce -12.0%
WMT Walmart Inc.	0.59%	552,126	$62.5M	Reduce -9.2%
GLD SPDR Gold Shares	0.58%	168,500	$62.1M	No change
XLI SS Industrial Select Sector	0.58%	332,380	$61.6M	Reduce -25.0%
MRVL Marvell Technology Inc.	0.55%	197,209	$58.7M	Add +55.5%
KO The Coca-Cola Co.	0.55%	721,350	$58.6M	Reduce -0.7%
DDOG Datadog Inc. Class A	0.55%	224,791	$58.5M	Reduce -22.6%
PG The Procter & Gamble Co.	0.54%	394,787	$57.9M	Reduce -0.7%
UNP Union Pacific Corp.	0.53%	207,200	$56.4M	Reduce -0.9%
ANET Arista Networks Inc.	0.52%	324,320	$55.1M	Reduce -2.9%
ISRG Intuitive Surgical Inc.	0.50%	132,825	$52.8M	Add +95.0%
DE Deere & Co.	0.50%	83,110	$52.7M	Add +41.1%
DHR Danaher Corp.	0.49%	271,400	$51.7M	Add +25.2%
USHY iShares Broad Usd High Yield	0.47%	1,355,000	$50.2M	No change
IXUS iShares Core Intl Stock ETF	0.47%	524,000	$50.0M	New
GE General Electric filed as GE AEROSPACE	0.46%	132,217	$49.4M	Reduce -0.8%
MPWR Monolithic Power Systems Inc.	0.46%	35,457	$49.0M	Reduce -11.3%
HD Home Depot Inc.	0.46%	137,500	$48.5M	Reduce -0.7%
XLB SS Materials Select Sector	0.45%	943,000	$47.9M	New
SYY Sysco Corp.	0.44%	562,135	$47.0M	Add +146.6%
ABBV Abbvie Inc.	0.44%	186,250	$46.9M	Reduce -0.2%
LIN Linde PLC	0.43%	88,100	$45.7M	Reduce -13.2%
WELL Welltower Inc.	0.41%	190,050	$43.1M	Reduce -1.0%
IWM iShares Russell 2000 ETF	0.39%	137,580	$41.3M	No change
FXI iShares China Large-Cap ETF	0.39%	1,306,200	$41.3M	New
LRCX Lam Research Corp.	0.38%	93,550	$40.5M	Add +57.5%
CVX Chevron Corp.	0.37%	238,167	$39.5M	Reduce -34.4%
HUBB Hubbell Inc.	0.37%	75,450	$39.5M	Add +5.4%
WFC Wells Fargo & Co.	0.37%	471,634	$39.0M	Reduce -1.0%
NOW ServiceNow Inc.	0.36%	389,450	$38.7M	Reduce -0.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.36%	254,300	$38.5M	Reduce -0.3%
SLB SLB Ltd. filed as SLB LIMITED	0.35%	801,647	$37.3M	Add +19.9%
TMO Thermo Fisher Scientific Inc.	0.35%	74,185	$37.2M	Add +8.6%
DFAE Dimensional Emerging Core Eq	0.35%	924,700	$37.2M	Reduce -70.0%
AMT American Tower Corp.	0.35%	226,150	$37.0M	Reduce -0.7%
MCD McDonald's Corp.	0.34%	134,800	$36.4M	Reduce -1.0%
DXCM Dexcom Inc.	0.34%	537,830	$36.2M	Reduce -0.4%
MRK Merck & Co. Inc.	0.34%	280,024	$36.0M	Reduce -0.4%
ALGN Align Technology Inc.	0.33%	210,923	$35.6M	Reduce -7.8%
VZ Verizon Communications Inc.	0.33%	835,566	$35.4M	Reduce -0.6%
RTX RTX Corp.	0.33%	186,065	$35.3M	Reduce -16.1%
KKR KKR & Co. Inc.	0.32%	368,925	$33.9M	Reduce -7.5%
GEV GE Vernova Inc.	0.32%	28,665	$33.7M	No change
AXP American Express Co.	0.32%	99,450	$33.6M	Reduce -1.0%
CRBG Corebridge Financial Inc.	0.31%	1,168,750	$33.5M	Add +22.6%
TXN Texas Instruments Inc.	0.30%	108,650	$32.4M	Reduce -0.5%
BAC Bank of America Corp.	0.29%	532,930	$30.4M	Reduce -0.4%
XLRE SS Real Estate Select Sector	0.27%	659,000	$29.0M	No change
GS Goldman Sachs Group Inc.	0.27%	28,300	$28.6M	Reduce -1.1%
SPG Simon Property Group Inc.	0.27%	127,542	$28.5M	Reduce -0.0%
ECL Ecolab Inc.	0.26%	100,300	$27.9M	Reduce -1.1%
PLTR Palantir Technologies Inc. Class A	0.26%	239,457	$27.9M	Reduce -4.2%
VLTO Veralto Corp.	0.26%	312,316	$27.7M	Reduce -0.7%
CB Chubb Ltd.	0.26%	80,700	$27.5M	Reduce -1.2%
COST Costco Wholesale Corp.	0.25%	28,900	$27.0M	Reduce -1.0%
CTVA Corteva Inc.	0.25%	313,008	$26.5M	Reduce -17.7%
PNC PNC Financial Services Group	0.25%	106,500	$26.2M	Reduce -0.5%
LHX L3HARRIS Technologies Inc.	0.24%	88,500	$25.7M	Reduce -23.0%
CVS CVS Health Corp.	0.23%	241,093	$24.9M	Reduce -0.7%
MDLZ Mondelez International Inc. Class A	0.23%	426,000	$24.6M	Reduce -0.3%

Show all 205 holdings

Portfolio Sells Q1 2026 → Q2 2026


VGK Vanguard Ftse Europe ETF	Sold out	0.00%	−1.04
DFAE Dimensional Emerging Core Eq	Reduce -70.0%	0.35%	−0.83
MSFT Microsoft Corp.	Reduce -5.0%	3.24%	−0.81
XOM Exxon Mobil Corp.	Reduce -28.3%	0.63%	−0.67
CVX Chevron Corp.	Reduce -34.4%	0.37%	−0.47
VPL Vanguard Ftse Pacific ETF	Sold out	0.00%	−0.38
NVDA Nvidia Corp.	Reduce -2.4%	5.33%	−0.37
META Meta Platforms Inc. Class A	Reduce -0.6%	1.50%	−0.33
ACN Accenture PLC Class A	Reduce -36.7%	0.15%	−0.30
XLU St Sr Utl SL SE SPDR ETF-Usd	Reduce -0.9%	1.36%	−0.30
WMT Walmart Inc.	Reduce -9.2%	0.59%	−0.26
INTU Intuit Inc.	Reduce -16.9%	0.19%	−0.26
XLI SS Industrial Select Sector	Reduce -25.0%	0.58%	−0.23
LHX L3HARRIS Technologies Inc.	Reduce -23.0%	0.24%	−0.20
JNJ Johnson & Johnson	Reduce -11.6%	0.67%	−0.20
CNQ Canadian Natural Resources	Reduce -21.0%	0.23%	−0.20
FDX FedEx Corp.	Reduce -35.9%	0.16%	−0.18
NXPI NXP Semiconductors NV	Reduce -74.7%	0.08%	−0.17
BRK.B Berkshire Hathaway Inc. Class B	Reduce -0.7%	1.11%	−0.17
RTX RTX Corp.	Reduce -16.1%	0.33%	−0.15
NOC Northrop Grumman Corp.	Reduce -7.0%	0.21%	−0.15
PLTR Palantir Technologies Inc. Class A	Reduce -4.2%	0.26%	−0.15
VZ Verizon Communications Inc.	Reduce -0.6%	0.33%	−0.14
NFLX Netflix Inc.	Reduce -0.7%	0.23%	−0.14
LIN Linde PLC	Reduce -13.2%	0.43%	−0.14
MCD McDonald's Corp.	Reduce -1.0%	0.34%	−0.13
PM Philip Morris International	Reduce -8.4%	0.67%	−0.13
JPM JPMorgan Chase & Co.	Reduce -0.5%	1.59%	−0.13
HON Honeywell International Inc.	Reduce -0.6%	0.09%	−0.12
CTVA Corteva Inc.	Reduce -17.7%	0.25%	−0.11
ALGN Align Technology Inc.	Reduce -7.8%	0.33%	−0.11
PG The Procter & Gamble Co.	Reduce -0.7%	0.54%	−0.10
NOW ServiceNow Inc.	Reduce -0.8%	0.36%	−0.10
KKR KKR & Co. Inc.	Reduce -7.5%	0.32%	−0.10
TJX TJX Companies Inc.	Reduce -0.3%	0.36%	−0.10
ORCL Oracle Corp.	Reduce -20.6%	0.19%	−0.10
AMT American Tower Corp.	Reduce -0.7%	0.35%	−0.09
LVS Las Vegas Sands Corp.	Reduce -0.7%	0.21%	−0.09
REGN Regeneron Pharmaceuticals	Reduce -0.8%	0.15%	−0.07
COST Costco Wholesale Corp.	Reduce -1.0%	0.25%	−0.07
NKE Nike Inc. Class B	Reduce -0.6%	0.13%	−0.07
KO The Coca-Cola Co.	Reduce -0.7%	0.55%	−0.07
TSLA Tesla Inc.	Reduce -0.7%	1.06%	−0.07
IDXX Idexx Laboratories Inc.	Reduce -0.2%	0.23%	−0.06
ABT Abbott Laboratories	Reduce -1.0%	0.17%	−0.06
WFC Wells Fargo & Co.	Reduce -1.0%	0.37%	−0.06
HD Home Depot Inc.	Reduce -0.7%	0.46%	−0.06
AVGO Broadcom Inc.	Reduce -3.9%	2.56%	−0.05
VLTO Veralto Corp.	Reduce -0.7%	0.26%	−0.05
MDLZ Mondelez International Inc. Class A	Reduce -0.3%	0.23%	−0.05

Portfolio Buys Q1 2026 → Q2 2026


DFCF Dimensional Core Fixed Inc.	Add +122.4%	4.00%	+1.85
VOO Vanguard S&P 500 ETF	New	0.94%	+0.94
RSP Invesco S&P 500 Equal Weight	New	0.90%	+0.90
AMD Advanced Micro Devices	Add +31.4%	1.16%	+0.79
AGG iShares Core U.S. Aggregate	Add +61.3%	2.74%	+0.70
IXUS iShares Core Intl Stock ETF	New	0.47%	+0.47
XLB SS Materials Select Sector	New	0.45%	+0.45
JCPB JPMorgan Core Plus Bond ETF	Add +36.5%	3.52%	+0.43
MRVL Marvell Technology Inc.	Add +55.5%	0.55%	+0.41
FXI iShares China Large-Cap ETF	New	0.39%	+0.39
XLE SS Energy Select Sector	Add +65.9%	2.22%	+0.37
SYY Sysco Corp.	Add +146.6%	0.44%	+0.26
LRCX Lam Research Corp.	Add +57.5%	0.38%	+0.24
UL Unilever PLC-Sponsored ADR	New	0.21%	+0.21
SNDK Sandisk Corp.	New	0.21%	+0.21
INTC Intel Corp.	Add +33.3%	0.21%	+0.15
ISRG Intuitive Surgical Inc.	Add +95.0%	0.50%	+0.14
ADI Analog Devices Inc.	New	0.14%	+0.14
DE Deere & Co.	Add +41.1%	0.50%	+0.12
AME Ametek Inc.	Add +29.8%	0.64%	+0.12
WDC Western Digital Corp.	New	0.07%	+0.07
CRBG Corebridge Financial Inc.	Add +22.6%	0.31%	+0.06
ETN Eaton Corp. PLC	Add +8.4%	0.61%	+0.04
AJG Arthur J Gallagher & Co.	Add +44.6%	0.20%	+0.04
ARM Arm Holdings PLC-ADR	New	0.04%	+0.04
DHR Danaher Corp.	Add +25.2%	0.49%	+0.02
LYG Lloyds Banking Group PLC-ADR	New	0.02%	+0.02
FN Fabrinet	Add +25.5%	0.16%	+0.02
BTI British American Tob-SP ADR	Add +26.4%	0.13%	+0.01
UBS UBS Group AG-Reg	Add +58.4%	0.03%	+0.01
NOK Nokia Corp.-Spon ADR	New	0.01%	+0.01
MELI MercadoLibre Inc.	Add +29.7%	0.01%	+0.00
BBD Banco Bradesco-ADR	Add +13.6%	0.01%	−0.00
MDT Medtronic PLC	Add +27.6%	0.23%	−0.01
V Visa Inc. Class A	Add +4.5%	1.20%	−0.01
BABA Alibaba Group Holding-SP ADR	Add +9.0%	0.05%	−0.02
HUBB Hubbell Inc.	Add +5.4%	0.37%	−0.02
TMO Thermo Fisher Scientific Inc.	Add +8.6%	0.35%	−0.03
SLB SLB Ltd.	Add +19.9%	0.35%	−0.04
AMZN Amazon.com Inc.	Add +0.7%	3.10%	−0.12
AAPL Apple Inc.	Add +1.1%	4.67%	−0.18

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	205	$10.6B	NVDA, GOOG, AAPL, DFCF, JCPB
Q1 2026	196	$8.9B	NVDA, AAPL, GOOG, MSFT, AMZN
Q4 2025	196	$9.9B	NVDA, MSFT, AAPL, GOOG, AGG
Q3 2025	195	$10.3B	NVDA, MSFT, IXUS, AAPL, GOOG
Q2 2025	162	$9.1B	IXUS, MSFT, NVDA, AAPL, AMZN
Q1 2025	167	$8.6B	IXUS, AGG, AAPL, MSFT, NVDA
Q4 2024	172	$9.2B	IXUS, AGG, AAPL, MSFT, NVDA
Q3 2024	173	$9.7B	AGG, IXUS, MSFT, AAPL, NVDA
Q2 2024	170	$8.8B	AGG, MSFT, IXUS, AAPL, NVDA
Q1 2024	169	$8.7B	AGG, MSFT, XLK, AAPL, IXUS