These are the top 10 holdings of the Mormon Church's $49 billion stock portfolio
The Church of Jesus Christ of Latter-day Saints' has an investment portfolio topping $100 billion that includes $49.3 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.The church reports its stock holdings on a quarterly basis, and a recent 13F filing revealed its top holdings as of June 30. These are the Mormon Church's top 10 stocks holdings at the end of the second quarter.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The World Needs More Women Fund Managers, Says $49 Billion CIOThirty years ago, as a young person starting out in Australia’s finance industry, Sonya Sawtell-Rickson would often find herself the only woman in the room.
Read more »
PlayStation DualSense controllers are on sale for $49Sony's DualSense controllers for PS5 are currently on sale for $49, which is a discount of more than 30 percent from their usual price of $70. This is the lowest price available and the sale ends on August 20th. If you miss the sale, you'll likely have to wait until Black Friday for a similar deal.
Read more »
Sony's DualSense controllers for the PS5 are still on sale for just $49Sony's DualSense controllers for the PS5 are currently available for purchase at a discounted price of $49, which is only $6 higher than their all-time low. This sale also includes the higher-priced cosmic colors. The controllers have received positive reviews for their nice full sound and the ability to fine-tune the sound using SteelSeries' software.
Read more »
Sony's DualSense controllers for the PS5 on sale for $49Sony's DualSense controllers for the PS5 are currently on sale for just $49, which is only $6 away from their all-time low price. This sale also includes the higher-priced cosmic colors. The controllers have received positive first impressions, with a nice full sound that can be fine-tuned using SteelSeries' software.
Read more »
Microsoft's Xbox Wireless headset is just $49 right now | EngadgetMicrosoft's Xbox Wireless headset is just $49 right now
Read more »