These are the top 10 holdings of the Mormon Church's $46 billion stock portfolio
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 yearsthat 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 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.
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