UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Factory Mutual Insurance Company
Address: 225 Wyman Street
Waltham, MA 02454
13F File Number:
The institutional investment manager filling this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete,
and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Paul E. LaFleche
Title: Vice President & Portfolio Manager-Equities
Phone: 617-243-7129
Signature, Place, and Date of Signing:
Paul E. LaFleche Waltham, MA October 12, 1999
Report Type (Check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 2
Form 13F Information Table Value Total: $2,065,073,266
List of Other Included Managers:
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<TABLE> <C><C> <C> <C>
ALTERA CORP. COM 02144110 893,525 20,600
ANALOG DEVICES COM 03265410 871,250 17,000
APPLIED MATERIALS INC COM 03822210 1,211,925 15,600
ASSOCIATES FIRST CAPITAL COR COM 04600810 428,400 11,900
BAKER HUGHES INC COM 05722410 464,000 16,000
BANK OF AMERICA CORP. COM 06050510 12,565,385 225,641
BANK ONE COM 06423A10 6,046,026 173,674
BLOCK H & R INC COM 09367110 1,350,906 31,100
BOSTON SCIENTIFIC CORP COM 10113710 306,900 12,400
BRISTOL MYERS SQUIBB CO COM 11012210 5,702,400 84,480
CADENCE DESIGN SYSTEM COM 12738710 6,460,125 483,000
CHASE MANHATTAN CORP COM 16161A10 2,035,125 27,000
CITIGROUP INC COM 17296710 4,356,000 99,000
CVS CORP COM 12665010 3,036,450 74,400
DEERE & CO COM 24419910 6,505,303 168,150
EMERSON ELECTRIC COM 29101110 7,279,200 115,200
ENRON CORP. COM 29356110 2,422,688 59,000
FEDERATED DEPT STORES INC. COM 31410H10 1,148,981 26,300
GENERAL ELECTRIC CO COM 36960410 616,525 5,200
IDEXX LABS CORP COM 45168D10 891,931 51,800
J.D. EDWARDS & CO COM 28166710 948,919 45,800
JOHNSON & JOHNSON COM 47816010 1,010,625 11,000
LEAR CORP COM 52186510 1,826,231 51,900
LG&E ENERGY CORP COM 50191710 5,640,749 265,447
LILLY ELI & CO COM 53245710 693,225 10,800
LOWE'S COMPANIES COM 54866110 521,625 10,700
LUCENT TECHNOLOGIES INC COM 54946310 1,479,150 22,800
MCDONALD'S CORP COM 58013510 10,120,500 234,000
MCI WORLDCOM INC. COM 55268B10 5,785,938 80,500
MONDAVI ROBERT CORP. COM 60920010 2,760,844 73,500
ORACLE CORP COM 68389X10 20,684,869 454,613
PFIZER INC COM 71708110 4,197,375 117,000
PROCTER & GAMBLE COM 74271810 6,834,375 72,900
TERADYNE INC COM 88077010 239,700 6,800
UNOVA INC COM 91529B10 1,548,156 115,750
WACHOVIA CORP COM 92977110 4,678,188 59,500
WAL-MART STORES INC COM 93114210 7,847,813 165,000
WEATHERFORD INTERNATIONAL COM 94707410 1,945,600 60,800
ABBOTT LABORATORIES COM 002824100 15,408,750 420,000
ALCOA, INC. COM 013817101 16,179,694 260,700
ALLIANCE PHARMACEUTICAL COM 018773101 2,531,250 500,000
ALLTEL CORP COM 020039103 17,664,125 251,000
ALTERA CORP. COM 021441100 24,819,175 572,200
AMERICAN POWER CONVERSION COM 029066107 9,999,700 526,300
AMERICAN INTL COM 4,944,189 56,953
AMERITECH CORPORATION COM 030954101 5,740,500 86,000
AMGEN COM 031162100 24,450,000 300,000
ANALOG DEVICES COM 032654105 21,323,383 416,066
APPLIED MATERIALS INC COM 038222105 37,072,475 477,200
ASSOCIATES FIRST CAPITAL COR COM 046008108 13,755,600 382,100
AUTOMATED DATA PROCESSING COM 053015103 27,221,250 610,000
BAKER HUGHES INC COM 057224107 7,252,030 250,070
BANK OF AMERICA CORP. COM 060505104 22,952,080 412,159
BANK OF NEW YORK COM 064057102 3,276,875 98,000
BANK ONE COM 06423A103 10,719,454 307,920
BELL ATLANTIC CORP COM COM 077853109 11,961,431 177,700
BELLSOUTH CORP COM 079860102 6,196,680 137,704
BIOGEN INC COM 090597105 21,886,231 277,700
BLOCK H & R INC COM 093671105 4,699,938 108,200
BOSTON SCIENTIFIC CORP COM 101137107 6,286,500 254,000
BP AMOCO PLC COM 055622104 26,776,623 241,639
BRISTOL MYERS SQUIBB CO COM 110122108 67,942,800 1,006,560
CADENCE DESIGN SYSTEM COM 127387108 9,371,194 700,650
CATERPILLAR INC COM 149123101 14,980,256 273,300
CHASE MANHATTAN CORP COM 16161A108 9,587,700 127,200
CHEVRON COM 166751107 12,247,500 138,000
CINTAS CORP COM 172908105 4,625,000 80,000
CISCO SYSTEMS COM 17275R102 13,753,638 200,600
CITIGROUP INC COM 172967101 12,025,200 273,300
CK WITCO CORP COM 12562C108 5,801,250 390,000
CLOROX COMPANY COM 189054109 3,641,400 95,200
COCA COLA CO COM 191216100 24,786,025 513,700
COLGATE-PALMOLIVE COM 194162103 9,479,400 207,200
COMPAQ COMPUTER CORP COM 204493100 12,388,185 541,560
CONAGRA INC COM 205887102 3,779,219 167,500
CONSECO INC COM 208464107 1,654,273 87,067
CORNING INC COM 219350105 9,598,750 140,000
COVANCE INC COM 222816100 6,219,375 642,000
CVS CORP COM 126650100 14,721,069 360,700
DAYTON HUDSON CORP COM 239753106 6,606,875 110,000
DEERE & CO COM 244199105 9,108,972 235,450
DELPHI AUTOMOTIVE SYS CORP C COM 247126105 2,560,508 159,409
DENTSPLY INC COM 249030107 1,820,000 80,000
WALT DISNEY COMPANY (HOLDING COM 254687106 34,681,400 1,333,900
DONNELLEY R R COM 257867101 2,541,000 88,000
DUKE ENERGY CORP COM 264399106 7,056,000 128,000
EASTMAN KODAK CO COM 277461109 9,453,125 125,000
EATON CORP COM 278058102 3,452,500 40,000
ECOLAB INC COM 278865100 12,626,250 370,000
EDISON INTERNATIONAL COM 281020107 4,862,500 200,000
EMERSON ELECTRIC COM 291011104 16,207,594 256,500
ENRON CORP. COM 293561106 23,725,913 577,800
EXXON CORP COM 302290101 35,773,200 470,700
FEDERATED DEPT STORES INC. COM 31410H101 4,325,063 99,000
FEDERAL NAT'L MORTGAGE ASSOC COM 313586109 41,210,763 657,400
FLEET BOSTON CORP. COM 33901A108 10,786,063 294,500
FORTUNE BRANDS INC COM 349631101 8,768,775 271,900
GENERAL INSTRUMENT CORP COM 370120107 6,864,000 143,000
GENERAL ELECTRIC CO COM 369604103 96,011,913 809,800
GENERAL MOTORS COM 370442105 7,237,813 115,000
GTE CORPORATION COM 362320103 21,548,063 280,300
HALLIBURTON CO COM 406216101 8,200,000 200,000
HOME DEPOT COM 437076102 32,418,450 472,400
INTL BUS MACH CORP COM 459200101 42,967,100 355,100
IDEXX LABS CORP COM 45168D104 7,460,884 433,300
INGERSOLL RAND COM 456866102 8,240,625 150,000
INTEL CORP COM 458140100 106,088,525 1,427,600
INTERPUBLIC GROUP COS INC COM 460690100 6,547,100 159,200
J.D. EDWARDS & CO COM 281667105 14,407,819 695,400
JOHNSON & JOHNSON COM 478160104 19,514,250 212,400
KOHLS CORP COM 500255104 10,844,500 164,000
LEAR CORP COM 521865105 7,684,950 218,400
LG&E ENERGY CORP COM 501917108 873,673 41,114
LILLY ELI & CO COM 532457108 10,430,469 162,500
LOWE'S COMPANIES COM 548661107 13,776,750 282,600
LUCENT TECHNOLOGIES INC COM 549463107 29,426,522 453,588
MAGNA INTL INC CL A COM 559222401 1,093,125 22,000
MASCO COM 574599106 11,780,000 380,000
MCDONALD'S CORP COM 580135101 6,742,675 155,900
MCI WORLDCOM INC. COM 55268B106 35,136,309 488,853
MERCK & CO INC COM 589331107 50,125,988 773,400
MICROSOFT COM 594918104 109,644,019 1,210,700
MINERALS TECHNOLOGIES INC COM 603158106 3,399,375 70,000
MINNESOTA MINING & MFG CO COM 604059105 5,158,556 53,700
MOBIL CORP COM 607059102 4,684,875 46,500
MONDAVI ROBERT CORP. COM 609200100 6,378,113 169,800
MONSANTO CO COM 611662107 6,780,625 190,000
MOTOROLA INCORPORATED COM 620076109 20,460,000 232,500
NEWELL RUBBERMAID COM 651192106 9,117,150 319,200
OFFSHORE LOGISTICS COM 676255102 257,813 25,000
OMNICOM GROUP INC COM 681919106 40,860,750 516,000
ORACLE CORP COM 68389X105 22,464,169 493,718
PALL CORP COM 696429307 0 0
PENTAIR INC COM 709631105 5,296,500 132,000
PFIZER INC COM 717081103 29,973,563 835,500
PHILIP MORRIS COMPANIES INC COM 718154107 8,068,250 236,000
PNC BANK CORP COM 693475105 5,268,750 100,000
POTASH CORP SASK INC COM COM 73755L107 1,806,875 35,000
PRAXAIR COM 74005P104 5,828,200 126,700
PROCTER & GAMBLE COM 742718109 16,134,375 172,100
RAYTHEON CO-CLASS B COM 755111408 8,272,488 166,700
RYDER SYSTEM INC COM 783549108 2,445,000 120,000
SBC COMMUNICATIONS INC COM 78387G103 22,380,183 438,290
SCHLUMBERGER LTD COM 806857108 15,545,224 249,472
SIGMA-ALDRICH COM 826552101 1,111,250 35,000
SMITH (A.O.) CORP COM 831865209 2,495,625 82,500
SPRINT CORP (FON GROUP) COM 852061100 10,322,148 190,270
STAPLES INC COM 855030102 11,394,577 522,388
SUN MICROSYSTEMS COM 866810104 25,305,300 272,100
TERADYNE INC COM 880770102 31,400,700 890,800
TEXTRON INC COM 883203101 7,737,500 100,000
TIME WARNER COM 887315109 14,166,900 233,200
TYCO INTERNATIONAL LTD COM 902124106 6,766,799 65,538
UNOCAL CORP COM 915289102 2,038,438 55,000
UNOVA INC COM 91529B106 3,143,125 235,000
UNUMPROVIDENT CORP COM 91529Y106 9,776,194 332,100
WACHOVIA CORP COM 929771103 16,239,208 206,540
WAL-MART STORES INC COM 931142103 18,491,920 388,792
WARNER-LAMBERT CO COM 934488107 4,659,525 70,200
WASHINGTON TRUST BANCORP COM 940610108 2,089,250 137,000
WEATHERFORD INTERNATIONAL COM 947074100 5,056,000 158,000
WELLS FARGO COMPANY COM 949746101 5,282,013 133,300
WEYERHAEUSER CO COM 962166104 2,881,250 50,000
WM. WRIGLEY JR. CO COM 982526105 5,649,506 82,100
DEFINED ASSET FUNDS COHEN & COM 4,476,100 5,000,000
S&P 500 DEPOSITARY RECEIPT COM 78462F103 10,300,000 80,000
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