Factory Mutual Insurance Co. Reduces Union Pacific Stake

The insurance company cut its holdings in the railroad operator by 3.1% in Q4 2025.

Apr. 11, 2026 at 8:38am

Got story updates? Submit your updates here. ›

An extreme close-up of the intricate gears, levers, and metal components that make up the heavy machinery and equipment used in Union Pacific's rail operations, conveying a sense of the scale and complexity of the company's physical infrastructure.Institutional investors continue to closely monitor the performance and operations of major freight rail companies like Union Pacific as the industry navigates shifting economic conditions.Omaha Today

Factory Mutual Insurance Co. reduced its position in Union Pacific Corporation (NYSE:UNP) by 3.1% during the fourth quarter, according to its latest 13F filing with the SEC. The fund owned 227,950 shares of the railroad operator's stock after selling 7,200 shares during the period. Factory Mutual's holdings in Union Pacific were valued at $52,729,000 as of the end of Q4 2025.

Why it matters

This filing provides insight into the investment decisions of a major institutional investor, Factory Mutual Insurance Co., and their view on the prospects of Union Pacific Corporation, one of the largest freight railroad companies in the United States.

The details

According to the 13F filing, Factory Mutual Insurance Co. reduced its stake in Union Pacific by 3.1% in the fourth quarter of 2025. The fund now owns 227,950 shares of the railroad operator's stock, down from 235,150 shares held in the previous quarter. Union Pacific's stock price has fluctuated in recent months, with shares trading between $206.63 and $268.14 over the past year.

  • Factory Mutual Insurance Co. filed its 13F report for the fourth quarter of 2025 on April 11, 2026.

The players

Factory Mutual Insurance Co.

A major insurance company that invests in a variety of asset classes, including shares of publicly traded companies like Union Pacific Corporation.

Union Pacific Corporation

One of the largest freight railroad companies in the United States, operating an extensive rail network across the western two-thirds of the country.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the ongoing shifts in institutional investment strategies as major players like Factory Mutual Insurance Co. adjust their holdings in response to market conditions and their outlook on specific companies like Union Pacific. The changes in ownership can provide valuable insights for investors tracking the railroad industry.