These are the top 10 holdings of the Mormon Church’s $46 billion stock portfolio

By Investor Empires On May 16, 2023

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The $100 billion investment arm of the Mormon Church disclosed its holdings in a 13F filing this week.
A whistleblower claimed over the weekend that the church operates its investment arm as a “secret hedge fund.”
These are the 10 largest holdings in the Mormon Church’s investment portfolio as of March 31st.

The Church of Jesus Christ of Latter-day Saints has an investment portfolio of $100 billion, including $46.2 billion invested in equities.

The portfolio is registered with the SEC under the name Ensign Peak Advisors, and its lack of disclosures has gone down over the years It recently led to a $5 million settlement fee She went to great lengths to hide her investment portfolio.

The Mormon Church’s investment portfolio was not disclosed to the public until 2019, when a former employee of the fund filed a whistleblower complaint, alleging that the fund should not be tax-exempt because it does not engage in any charitable activities.

On a special program “60 Minutes” over the weekend, the whistleblower said the investment arm of the Mormon Church She acted as a “secret hedge fund” disguised as a charity.

The church reports its stock holdings on a quarterly basis, and a recent 13F filing revealed its most important holdings as of March 31st. These are the Mormon Church’s 10 largest holdings at the end of the first quarter.

10. Introduction platforms

Pointer: meta
Market value: $669.3 million
Change in stock: +154,169 (+5%)

9. Johnson & Johnson

Mario Tama/Getty Images

Pointer: JNJ
Market value: $682.5 million
Change in stock: -130,903 (-2%)

8. MasterCard

The hand holds a smartphone with the Mastercard logo on the screen

Getty Images

Pointer: Master’s
Market value: 710.8 million dollars
Change in stock: -10829 (0%)

7. Nvidia

Jensen Huang Nvidia — LAS VEGAS, NV — JANUARY 4: Nvidia founder, president, and CEO Jin-Hsun Huang introduces the Nvidia Spot, a $49.95 microphone and speaker that lets owners use the Google Assistant anywhere in the house, as he delivers a keynote address at CES 2017 in Venice. In Las Vegas on January 4, 2017 in Las Vegas, Nevada. CES, the world’s largest annual trade show for consumer technology, takes place from January 5-8 and is expected to feature 3,800 exhibitors showcasing their latest products and services to more than 165,000 attendees.Photo by Ethan Miller/Getty Images

Pointer: NVDA
Market value: $720.0 million
Change in stock: -327,541 (-11%)

6. ExxonMobil

Pointer: xom
Market value: $807.9 million
Change in stock: -459,083 (-5%)

5. Amazon

Pointer: AMZN
Market value: $967.4 million
Change in stock: +479,487 (+5%)

4. United Health Group

The UnitedHealth Group health insurance card is seen in the wallet in this illustration on October 14, 2019. REUTERS/Lucy Nicholson/Illustration

Photo illustration of a UnitedHealth Group health insurance card in a walletReuters

Pointer: United nations
Market value: $999.9 million
Change in stock: +160,538 (+8%)

3. The alphabet

Google LondonView photos/Getty Images

Pointer: Google & Google
Market value: $1.43 billion
Change in GOOGL and GOOG Posts: -38,844 and +125,748, respectively

2. Microsoft

Satya Nadella, CEO, Microsoft.Sean Gallup / Getty Images

Pointer: MSFT
Market value: $2.23 billion
Change in stock: -415,231 (-5%)

1. Apple

(LR) The new iPhone 8, iPhone X and iPhone 8S are shown during a special Apple event at the Steve Jobs Theater on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple held its first special event at the new Apple Park campus where it announced the new iPhone 8, iPhone X, and Apple Watch Series 3.Justin Sullivan/Getty Images

Pointer: AAPL
Market value: $2.61 billion
Change in stock: +209,247 (1%)

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