The Top 10 Holdings of the Mormon Church’s $46 Billion Stock Portfolio

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

The Church of Jesus Christ of Latter-day Saints’ has an investment portfolio topping $100 billion that includes $46.2 billion invested in stocks.

The portfolio is registered with the SEC under the name Ensign Peak Advisors, and its lack of disclosures over the years recently led to it paying $5 million to settle charges that it went to great lengths to hide its investment portfolio.

The Mormon church’s investment portfolio wasn’t revealed to the public until 2019, when a former employee of the fund filed a whistleblower complaint, alleging that the fund shouldn’t have tax-exempt status because it doesn’t engage in any charitable activities.

In a “60 Minutes” special over the weekend, the whistleblower said that the Mormon church’s investment arm acted as a “clandestine hedge fund” disguised as a charity.

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

10. Meta Platforms

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Ticker: META
Market Value: $669.3 million
Change in Shares: +154,169 (+5%)

9. Johnson & Johnson

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Ticker: JNJ
Market Value: $682.5 million
Change in Shares: -130,903 (-2%)

8. Mastercard

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Ticker: MA
Market Value: $710.8 million
Change in Shares: -10,829 (0%)

7. Nvidia

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Ticker: NVDA
Market Value: $720.0 million
Change in Shares: -327,541 (-11%)

6. Exxon Mobil

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Ticker: XOM
Market Value: $807.9 million
Change in Shares: -459,083 (-5%)

5. Amazon

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Ticker: AMZN
Market Value: $967.4 million
Change in Shares: +479,487 (+5%)

4. UnitedHealth Group 

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Ticker: UNH
Market Value: $999.9 million 
Change in Shares: +160,538 (+8%)

3. Alphabet

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Ticker: GOOGL & GOOG
Market Value: $1.43 billion
Change in GOOGL and GOOG Shares: -38,844 and +125,748, respectively

2. Microsoft

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Ticker: MSFT
Market Value: $2.23 billion
Change in Shares: -415,231 (-5%)

1. Apple

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Ticker: AAPL
Market Value: $2.61 billion
Change in Shares: +209,247 (1%)