These are the top 10 holdings of the Mormon Church’s $47 billion stock portfolio

Mormon Church

Getty Photographs

  • The funding arm of the Mormon Church revealed a few of its holdings in a 13F submitting on Tuesday.

  • The church has amassed a portfolio of particular person shares price practically $50 billion.

  • These are the highest 10 holdings of the Mormon Church’s inventory portfolio as of September 30.


The Church of Jesus Christ of Latter-day Saints’ has an funding portfolio topping $100 billion that features $47 billion invested in shares.

The portfolio is registered with the SEC below the title Ensign Peak Advisors, and its lack of disclosures over time just lately led to it paying $5 million to settle fees that it went to nice lengths to cover its investments.

The portfolio wasn’t revealed to the general public till 2019, when a former Ensign Peak worker filed a whistleblower criticism, alleging that the fund should not have tax-exempt standing as a result of it does not have interaction in any charitable actions.

In a “60 Minutes” particular earlier this 12 months, the whistleblower stated that the church’s funding arm acted as a “clandestine hedge fund” disguised as a charity.

The church reviews its inventory holdings on a quarterly foundation, and a current 13F submitting revealed its high holdings as of September 30. These are the Mormon Church’s high 10 shares holdings on the finish of the third quarter.

10. Tesla

Tesla

Brandon Bell/Getty Photographs

Ticker: TSLA
Market Worth: $672.4 million
Change in Shares: +153,477 (+6%)

9. Exxon Mobil

exxon mobil

exxon mobil

AP

Ticker: XOM
Market Worth: $735.6 million
Change in Shares: -798,503 (-11%)

8. Mastercard

Mastercard

Reuters

Ticker: MA
Market Worth: $778.6 million
Change in Shares: -26,379 (-1%)

7. Meta Platforms

Meta

Getty Photographs

Ticker: META
Market Worth: $1.01 billion 
Change in Shares: -17,008 (-1%)

6. UnitedHealth Group 

A UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. REUTERS/Lucy Nicholson/Illustration

A UnitedHealth Group medical health insurance card is seen in a pockets on this image illustration October 14, 2019. REUTERS/Lucy Nicholson/Illustration

Image illustration of a UnitedHealth Group medical health insurance card in a pocketsReuters

Ticker: UNH
Market Worth: $1.02 billion 
Change in Shares: -14,682 (-1%)

5. Amazon

Amazon

Amazon

Getty

Ticker: AMZN
Market Worth: $1.22 billion
Change in Shares: -23,178 (-0.2%)

4. Nvidia

Jensen Huang Nvidia

Ticker: NVDA
Market Worth: $1.22 billion
Change in Shares: -19,906 (-1%)

3. Alphabet

Google London

Google London

Google LondonView Photos/Getty Photographs

Ticker: GOOGL & GOOG
Market Worth: $1.75 billion
Change in GOOGL and GOOG Shares: -147,537 and -122,564, respectively

2. Microsoft

Satya Nadella, CEO of Microsoft.

Satya Nadella, CEO of Microsoft.

Satya Nadella, CEO of Microsoft.Sean Gallup/Getty Photographs

Ticker: MSFT
Market Worth: $2.51 billion
Change in Shares: -56,803 (-1%)

1. Apple

iphone 8 plus iphone x apple

iphone 8 plus iphone x apple

(L-R) The brand new iPhone 8, iPhone X and iPhone 8S are displayed throughout an Apple particular occasion on the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple held their first particular occasion on the new Apple Park campus the place they introduced the brand new iPhone 8, iPhone X and the Apple Watch Collection 3.Justin Sullivan/Getty Photographs

Ticker: AAPL
Market Worth: $2.70 billion
Change in Shares: -452,088 (-3%)

Learn the unique article on Enterprise Insider

Check Also

‘Time to Pull the Trigger,’ Says Oppenheimer About These 3 Stocks

2024 has actually gotten rolling, and the chief problem for traders is discovering one of …

Leave a Reply

Your email address will not be published. Required fields are marked *