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The investment arm of the Mormon Church disclosed some of its holdings in a 13F filing on Tuesday.
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The church has amassed a portfolio of individual stocks worth nearly $50 billion.
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Here are the top 10 holdings in the Mormon stock portfolio as of September 30.
The Church of Jesus Christ of Latter-day Saints has an investment portfolio of more than $100 billion, including $47 billion in stock investments.
The investment portfolio is registered with the SEC under the name Ensign Peak Advisors and has lacked information disclosure for many years. which recently resulted in it paying $5 million to settle the charges It goes to great lengths to hide its investments.
The portfolio was not disclosed to the public until 2019, when a former Ensign Peak employee filed a whistleblower complaint claiming the fund should not have tax-exempt status because it did not engage in any charitable activities.
In a “60 Minutes” special earlier this year, the whistleblower alleged that the church’s investment arm Acting as a “secret hedge fund” disguised as a charity.
The church reports its stock holdings quarterly, with its most recent 13F filing revealing its highest holdings as of Sept. 30. These were the top 10 stocks held by the Mormon Church at the end of the third quarter.
10. Tesla
Stock code: Tesla
Market value: $672.4 million
Share changes: +153,477 (+6%)
9. ExxonMobil
Stock code: XOM
Market value: $735.6 million
Share changes: -798,503 (-11%)
8. MasterCard
Stock code: Well.
Market value: $778.6 million
Share changes: -26,379 (-1%)
7. Meta platform
Stock code: Mehta
Market value: $1.01 billion
Share changes: -17,008 (-1%)
6. UnitedHealth Group
Stock code: united nations institutes of health
Market value: $1.02 billion
Share changes: -14,682 (-1%)
5. Amazon
Stock code: Amazon
Market value: US$1.22 billion
Share changes: -23,178 (-0.2%)
4. NVIDIA
Stock code: NVDA
Market value: US$1.22 billion
Share changes: -19,906 (-1%)
3. Alphabet
Stock code: Google & Google
Market value: US$1.75 billion
GOOGL and GOOG share changes: respectively -147,537 and -122,564
2. Microsoft
Stock code: Microsoft Corporation
Market value: US$2.51 billion
Share changes: -56,803 (-1%)
1. Apple
Stock code: AAPL
Market value: $2.7 billion
Share changes: -452,088 (-3%)
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