UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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 January 19, 2000
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.
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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: $2,271,438,094
List of Other Included Managers:
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<TABLE> <C><C> <C> <C>
ALTERA CORP. COM 02144110 1,020,988 20,600
ANALOG DEVICES COM 03265410 1,581,000 17,000
APPLIED MATERIALS INC COM 03822210 1,976,325 15,600
ASSOCIATES FIRST CAPITAL COR COM 04600810 326,506 11,900
BAKER HUGHES INC COM 05722410 337,000 16,000
BANK OF AMERICA CORP. COM 06050510 11,324,360 225,641
BANK ONE COM 06423A10 5,557,568 173,674
BLOCK H & R INC COM 09367110 1,010,625 23,100
BOSTON SCIENTIFIC CORP COM 10113710 271,250 12,400
BRISTOL MYERS SQUIBB CO COM 11012210 5,422,560 84,480
CADENCE DESIGN SYSTEM COM 12738710 11,592,000 483,000
CHASE MANHATTAN CORP COM 16161A10 2,097,563 27,000
CITIGROUP INC COM 17296710 5,513,063 99,000
COVANCE INC COM 22281610 810,938 75,000
CVS CORP COM 12665010 3,883,825 97,400
DEERE & CO COM 24419910 7,293,506 168,150
EMERSON ELECTRIC COM 29101110 6,609,600 115,200
ENRON CORP. COM 29356110 2,618,125 59,000
GENERAL ELECTRIC CO COM 36960410 804,700 5,200
IDEXX LABS CORP COM 45168D10 835,275 51,800
J.D. EDWARDS & CO COM 28166710 498,913 16,700
JOHNSON & JOHNSON COM 47816010 1,025,750 11,000
LEAR CORP COM 52186510 1,660,800 51,900
LG&E ENERGY CORP COM 50191710 4,628,732 265,447
LILLY ELI & CO COM 53245710 718,200 10,800
LOWE'S COMPANIES COM 54866110 639,325 10,700
LUCENT TECHNOLOGIES INC COM 54946310 1,710,000 22,800
MCDONALD'S CORP COM 58013510 9,433,125 234,000
MCI WORLDCOM INC. COM 55268B10 6,407,297 120,750
MONDAVI ROBERT CORP. COM 60920010 2,554,125 73,500
ORACLE CORP COM 68389X10 50,945,013 454,613
PFIZER INC COM 71708110 3,795,188 117,000
PROCTER & GAMBLE COM 74271810 7,987,106 72,900
TERADYNE INC COM 88077010 448,800 6,800
TYCO INTERNATIONAL LTD COM 90212410 1,872,000 48,000
UNOVA INC COM 91529B10 1,504,750 115,750
UNUMPROVIDENT CORP COM 91529Y10 641,250 20,000
WACHOVIA CORP COM 92977110 4,046,000 59,500
WAL-MART STORES INC COM 93114210 11,405,625 165,000
WEATHERFORD INTERNATIONAL COM 94707410 2,428,200 60,800
ABBOTT LABORATORIES COM 002824100 14,343,438 395,000
ALCOA, INC. COM 013817101 23,630,100 284,700
ALLIANCE PHARMACEUTICAL COM 018773101 5,992,188 812,500
ALTERA CORP. COM 021441100 26,674,538 538,200
AMERICAN POWER CONVERSION COM 029066107 25,414,950 963,600
AMERICAN INTL COM 6,157,989 56,953
AMGEN COM 031162100 28,193,338 469,400
ANALOG DEVICES COM 032654105 37,745,538 405,866
APPLIED MATERIALS INC COM 038222105 41,268,453 325,750
ASSOCIATES FIRST CAPITAL COR COM 046008108 12,184,994 444,100
AUTOMATED DATA PROCESSING COM 053015103 25,973,138 482,100
BAKER HUGHES INC COM 057224107 9,688,118 459,970
BANK OF AMERICA CORP. COM 060505104 20,685,129 412,157
BANK ONE COM 06423A103 11,288,224 352,757
BELL ATLANTIC CORP COM COM 077853109 10,939,656 177,700
BELLSOUTH CORP COM 079860102 6,446,269 137,704
BIOGEN INC COM 090597105 20,761,650 245,700
BLOCK H & R INC COM 093671105 3,858,750 88,200
BOSTON SCIENTIFIC CORP COM 101137107 5,556,250 254,000
BP AMOCO PLC COM 055622104 28,664,309 483,276
BRISTOL MYERS SQUIBB CO COM 110122108 66,213,258 1,031,560
CADENCE DESIGN SYSTEM COM 127387108 15,968,400 665,350
CATERPILLAR INC COM 149123101 12,862,181 273,300
CHASE MANHATTAN CORP COM 16161A108 9,881,850 127,200
CHEVRON COM 166751107 11,954,250 138,000
CISCO SYSTEMS COM 17275R102 22,999,738 214,700
CITIGROUP INC COM 172967101 15,219,394 273,300
CK WITCO CORP COM 12562C108 1,070,000 80,000
CLOROX COMPANY COM 189054109 3,475,875 69,000
COCA COLA CO COM 191216100 29,923,025 513,700
COLGATE-PALMOLIVE COM 194162103 12,395,500 190,700
COMPAQ COMPUTER CORP COM 204493100 14,655,968 541,560
CONSECO INC COM 208464107 7,660,568 430,067
CORNING INC COM 219350105 11,217,563 87,000
COVANCE INC COM 222816100 8,271,563 765,000
CVS CORP COM 126650100 24,842,125 623,000
DAYTON HUDSON CORP COM 239753106 8,078,125 110,000
DEERE & CO COM 244199105 10,212,644 235,450
DELPHI AUTOMOTIVE SYS CORP C COM 247126105 2,840,923 180,376
WALT DISNEY COMPANY (HOLDING COM 254687106 39,016,575 1,333,900
DUKE ENERGY CORP COM 264399106 6,922,263 138,100
EASTMAN KODAK CO COM 277461109 8,281,250 125,000
EATON CORP COM 278058102 4,357,500 60,000
ECOLAB INC COM 278865100 14,476,250 370,000
EDISON INTERNATIONAL COM 281020107 5,237,500 200,000
EMERSON ELECTRIC COM 291011104 14,716,688 256,500
ENRON CORP. COM 293561106 25,639,875 577,800
EXXON MOBIL CORP COM 30231G102 43,504,306 540,007
FEDERAL NAT'L MORTGAGE ASSOC COM 313586109 41,046,413 657,400
FLEET BOSTON CORP. COM 339030108 13,942,406 400,500
FORTUNE BRANDS INC COM 349631101 8,989,694 271,900
GENERAL INSTRUMENT CORP COM 370120107 8,755,000 103,000
GENERAL ELECTRIC CO COM 369604103 94,884,963 613,150
GTE CORPORATION COM 362320103 19,778,669 280,300
HALLIBURTON CO COM 406216101 9,124,675 226,700
HOME DEPOT COM 437076102 29,483,438 428,850
INTL BUS MACH CORP COM 459200101 31,887,850 295,600
IDEXX LABS CORP COM 45168D104 5,664,713 351,300
INGERSOLL RAND COM 456866102 9,432,206 171,300
INTEL CORP COM 458140100 114,183,900 1,387,200
INTERPUBLIC GROUP COS INC COM 460690100 10,914,475 189,200
J.D. EDWARDS & CO COM 281667105 17,219,950 576,400
JOHNSON & JOHNSON COM 478160104 19,806,300 212,400
KOHLS CORP COM 500255104 5,702,813 79,000
LEAR CORP COM 521865105 6,988,800 218,400
LG&E ENERGY CORP COM 501917108 716,925 41,114
LILLY ELI & CO COM 532457108 10,806,250 162,500
LOWE'S COMPANIES COM 548661107 19,179,750 321,000
LUCENT TECHNOLOGIES INC COM 549463107 35,639,100 475,188
MAGNA INTL INC CL A COM 559222401 932,250 22,000
MASCO COM 574599106 11,799,375 465,000
MCDONALD'S CORP COM 580135101 7,897,219 195,900
MCI WORLDCOM INC. COM 55268B106 38,909,643 733,280
MERCK & CO INC COM 589331107 53,508,125 796,400
MICROSOFT COM 594918104 143,684,225 1,230,700
MINNESOTA MINING & MFG CO COM 604059105 5,255,888 53,700
MONDAVI ROBERT CORP. COM 609200100 7,453,875 214,500
MOTOROLA INCORPORATED COM 620076109 25,930,725 176,100
NEWELL RUBBERMAID COM 651229106 11,614,500 400,500
OMNICOM GROUP INC COM 681919106 33,290,000 332,900
ORACLE CORP COM 68389X105 44,053,786 393,118
PALL CORP COM 696429307 0 0
PENTAIR INC COM 709631105 6,906,900 179,400
PFIZER INC COM 717081103 23,786,419 733,300
PHILIP MORRIS COMPANIES INC COM 718154107 5,428,000 236,000
PNC BANK CORP COM 693475105 4,450,000 100,000
PRAXAIR COM 74005P104 6,374,594 126,700
PROCTER & GAMBLE COM 742718109 16,028,994 146,300
RYDER SYSTEM INC COM 783549108 2,932,500 120,000
SBC COMMUNICATIONS INC COM 78387G103 26,883,968 551,466
SCHLUMBERGER LTD COM 806857108 14,001,616 249,472
SMITH (A.O.) CORP COM 831865209 1,804,688 82,500
SPRINT CORP (FON GROUP) COM 852061100 16,038,549 238,270
STAPLES INC COM 855030102 18,467,230 889,987
SUN MICROSYSTEMS COM 866810104 23,835,263 307,800
TERADYNE INC COM 880770102 52,357,800 793,300
TIME WARNER COM 887315109 16,892,425 233,200
TRANSOCEAN SEDCO FOREX INC COM 1,627,345 48,307
TYCO INTERNATIONAL LTD COM 902124106 34,849,464 893,576
UNOVA INC COM 91529B106 3,055,000 235,000
UNUMPROVIDENT CORP COM 91529Y106 15,200,831 474,100
WACHOVIA CORP COM 929771103 14,044,720 206,540
WAL-MART STORES INC COM 931142103 20,342,935 294,292
WEATHERFORD INTERNATIONAL COM 947074100 13,035,600 326,400
WELLS FARGO COMPANY COM 949746101 5,390,319 133,300
WEYERHAEUSER CO COM 962166104 3,590,625 50,000
WM. WRIGLEY JR. CO COM 982526105 6,809,169 82,100
DEFINED ASSET FUNDS COHEN & COM 294710512 4,476,100 5,000,000
S&P 500 DEPOSITARY RECEIPT COM 78462F103 11,750,000 80,000
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