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Institutional Investment Manager
FACTORY MUTUAL INSURANCE CO
FACTORY MUTUAL INSURANCE CO (CIK: 0000887818) incorporated in Rhode Island, located at 404 Wyman Street, Waltham, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 176 holdings with a total value of $8,426,953,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 VANGUARD INTL EQUITY INDEX F 1,675,000 60,401,000 0.72%
52 DU PONT E I DE NEMOURS & CO 793,400 58,117,000 0.69%
53 BLACKSTONE GROUP L P 2,052,600 57,453,000 0.68%
54 MCKESSON CORP 368,200 54,516,000 0.65%
55 PRAXAIR INC 461,000 53,794,000 0.64%
56 LENNAR 1,266,000 53,666,000 0.64%
57 ZIMMER BIOMET HLDGS INC 518,704 53,515,000 0.64%
58 MONSANTO CO NEW 506,900 53,280,000 0.63%
59 STARBUCKS CORP 958,800 52,926,000 0.63%
60 UNITEDHEALTH GROUP INC 329,600 52,887,000 0.63%
61 EXPRESS SCRIPTS HLDG CO 757,488 52,501,000 0.62%
62 BOEING CO 327,000 51,129,000 0.61%
63 MERCK & CO INC 834,970 50,249,000 0.60%
64 ANADARKO PETE CORP 703,000 49,393,000 0.59%
65 DEVON ENERGY CORP NEW 1,061,000 49,367,000 0.59%
66 WYNDHAM WORLDWIDE CORP 644,600 48,912,000 0.58%
67 HESS CORP 771,000 48,350,000 0.57%
68 ISHARES INC 2,325,000 47,849,000 0.57%
69 TE CONNECTIVITY LTD 681,619 46,787,000 0.56%
70 ISHARES MSCI ACWI EX US IDX FD 1,140,000 46,067,000 0.55%
71 AMERICAN TOWER CORP NEW 425,800 44,943,000 0.53%
72 ALTRIA GROUP INC 667,600 44,936,000 0.53%
73 SIMON PPTY GROUP INC NEW 240,750 43,485,000 0.52%
74 TRAVELERS COMPANIES INC 354,682 42,860,000 0.51%
75 EATON CORP PLC 613,047 41,669,000 0.49%
76 NORTHROP GRUMMAN CORP 169,300 39,778,000 0.47%
77 LOWES COS INC 544,200 38,513,000 0.46%
78 MCDONALDS CORP 321,800 38,342,000 0.45%
79 WELLTOWER INC 576,000 37,993,000 0.45%
80 MORGAN STANLEY 865,000 36,883,000 0.44%
81 ADOBE INC 355,500 36,681,000 0.44%
82 ILLINOIS TOOL WKS INC 295,500 36,048,000 0.43%
83 MONDELEZ INTL INC 803,200 35,831,000 0.43%
84 GILEAD SCIENCES INC 481,000 35,589,000 0.42%
85 VANGUARD INTL EQUITY INDEX F 376,300 35,579,000 0.42%
86 UNITED CONTL HLDGS INC 488,300 35,431,000 0.42%
87 PULTE GROUP INC 1,914,000 35,237,000 0.42%
88 BRISTOL MYERS SQUIBB CO 594,277 35,092,000 0.42%
89 KINDER MORGAN INC DEL 1,632,000 34,957,000 0.41%
90 CROWN CASTLE INTL CORP NEW 399,764 34,700,000 0.41%
91 TEXAS INSTRS INC 467,600 34,294,000 0.41%
92 COSTCO WHSL CORP NEW 213,000 33,873,000 0.40%
93 LILLY ELI & CO 431,300 31,929,000 0.38%
94 APPLIED MATLS INC 994,000 31,589,000 0.37%
95 CIGNA CORPORATION 234,000 31,513,000 0.37%
96 V F CORP 579,800 31,013,000 0.37%
97 ANALOG DEVICES INC 427,082 30,955,000 0.37%
98 OCCIDENTAL PETE CORP DEL 424,000 30,541,000 0.36%
99 INTEL CORP 839,000 30,498,000 0.36%
100 BIOGEN INC 104,700 30,419,000 0.36%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-17-000141, filed 2017.01.19).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.