FACTORY MUTUAL INSURANCE CO Bu

FACTORY MUTUAL INSURANCE COMPANY recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

The Factory Mutual Insurance Co. is a mutual insurance company based in Johnston, Rhode Island. The company’s history dates back to the founding of the Manufacturers Mutual Fire Insurance Company, founded by Zachariah Allen and a group of textile mill owners. The original company would grow slowly during its early years, and original founder Zachariah Allen would form another mutual insurance company called Rhode Island Mutual in 1848. These two companies, among various other mutual insurance companies that would join the group, would become collectively known. as Associated Factory Mutual Fire Insurance Companies. The company will create a dedicated team to manage the collective inspection activities in 1978 as the inspection grows with the expansion of the company. Factory Mutual Insurance Co. would begin to expand into a variety of other industries beginning in the early 1900s. The company would undergo a series of consolidations to provide more comprehensive coverage for policyholders, and by 1987 more than 40 companies mutual insurance companies will be grouped into three: the Allendale Mutual Insurance Company, the Arkwright-Boston Manufacturers Mutual Insurance Company and the Protection Mutual Insurance. Company. However, the three companies would compete for customers despite sharing resources openly, and the companies would decide to merge in 199 to create the present Factory Mutual Insurance Co. The company is today officially known as of Factory Mutual Insurance Co. although it operates as FM Global. Factory Mutual Insurance Co. provides property insurance and loss prevention globally with customers in more than 100 countries. The company has 4,400 employees and has been named the best property insurer in the world. Factory Mutual Insurance Co. invests in a variety of sectors, including the financial sector, which alone accounts for over one-fifth of its total asset allocations, information technology, healthcare and discretionary consumption, among others to a lesser extent, in descending order of allocation.

According to the latest 13F report, the guru’s stock portfolio contained 144 stocks valued at a total of $6.09 billion. The main holdings were
AAPL(5.05%),
MSFT(5.00%), and
TO SPY(3.83%).

According to data from GuruFocus, these were FACTORY MUTUAL INSURANCE CO’s top five deals of the quarter.

S&P 500 ETF Trust ETF

During the quarter, FACTORY MUTUAL INSURANCE CO purchased 340,300 shares of ARCA:SPY for a total holding of 652,760. The transaction had a 2% impact on the equity portfolio. During the quarter, the stock traded at an average price of $395.76.

On 04/11/2022, the S&P 500 ETF TRUST traded at a price of $374.41 per share and a market capitalization of $363.25 billion. The stock has returned -18.06% over the past year.

GuruFocus gives the ETF a financial strength rating 5 out of 10 and one profitability rating out of 8 out of 10.

In terms of valuation, the S&P 500 ETF TRUST ETF has a price/earnings ratio of 18.29, a price/book ratio of 3.43, a price/earnings/growth (PEG) ratio of 2.20 and a ratio price/sales of 2.70.

The price-to-value ratio GF is 0.00, which earns the stock a GF Value Ranking of 6.

iShares Russell 2000 ETF

During the quarter, FACTORY MUTUAL INSURANCE CO purchased 431,200 shares of ARCA:IWM for a total holding of 849,441. The transaction had an impact of 1.17% on the equity portfolio. During the quarter, the stock traded at an average price of $181.52.

On 11/04/2022, the iShares Russell 2000 ETF traded at a price of $178 per share and a market capitalization of $51.75 billion. The stock has returned -25.17% over the past year.

The data is insufficient to calculate the financial strength and profitability of the title.

In terms of valuation, iShares Russell 2000 ETF has a price-to-earnings ratio of 9999.00 and a price-to-book ratio of 1.74.

iShares Russell Mid Cap ETF

During the quarter, FACTORY MUTUAL INSURANCE CO purchased 949,200 shares of ARCA:IWR for a total holding of 1,719,211. The transaction had an impact of 0.97% on the equity portfolio. During the quarter, the stock traded at an average price of $68.47.

On 11/04/2022, the iShares Russell Mid-Cap ETF traded at a price of $66.29 per share and a market capitalization of $26.79 billion. The stock posted a return of -19.60% over the past year.

The data is insufficient to calculate the financial strength and profitability of the title.

In terms of valuation, iShares Russell Mid-Cap ETF has a price-to-earnings ratio of 15.25 and a price-to-book ratio of 2.47.

SPDR Energy Select Sector Fund

The guru established a new position worth 692,100 shares in ARCA:XLE, giving the stock a 0.82% weighting in the equity portfolio. The shares traded at an average price of $74.94 during the quarter.

On 04/11/2022, the Energy Select Sector SPDR fund traded at a price of $92.18 per share and a market capitalization of $42.96 billion. The stock has returned 64.40% over the past year.

The data is insufficient to calculate the financial strength and profitability of the title.

In terms of valuation, the Energy Select Sector SPDR fund has a price-to-earnings ratio of 9999.00 and a price-to-book ratio of 2.13.

SPDR Gold Stock ETF

The guru sold his 275,549 share investment in ARCA:GLD. Previously, the stock had a weighting of 0.76% in the equity portfolio. The shares traded at an average price of $160.81 during the quarter.

On 11/04/2022, the SPDR Gold Shares ETF traded at a price of $154.77 per share and a market capitalization of $48.17 billion. The stock has returned -8.42% over the past year.

The data is insufficient to calculate the financial strength and profitability of the title.

In terms of valuation, the SPDR Gold Shares ETF has a price/earnings ratio of 9999.00.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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