These are the top 10 holdings of the Mormon church’s $55 billion stock portfolio

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  • The investment arm of the Mormon church revealed some of its holdings in a 13F filing Wednesday.

  • The church has amassed a portfolio of individual stocks worth $55 billion.

  • These are the top 10 holdings of the church’s stock portfolio as of March 31.

The Church of Jesus Christ of Latter-day Saints has an investment portfolio of over $100 billion that includes $55 billion invested in publicly traded stocks.

The portfolio is registered with the Securities and Exchange Commission under the name Ensign Peak Advisors, and its ties to the church were largely unknown until just a few years ago.

The portfolio wasn’t revealed to the public until 2019, when a former Ensign Peak employee 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 last year, the whistleblower said the church’s investment arm acted as a “clandestine hedge fund” disguised as a charity.

The church, widely known as the Mormon church, reports its stock holdings on a quarterly basis, and a recent 13F filing revealed its top holdings as of March 31. During the quarter, the fund added to its in mega-cap technology stocks and benefited from a stock market that hit record highs.

These are the church’s top 10 stock holdings at the end of the fourth quarter, as well as the changes in each position.

10. Eli Lilly

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Vincent Kessler / Reuters

Ticker: LLY
Market Value: $721.4 million
Change in Shares: +221,327 (+31%)

9. JPMorgan

A black and white silhouette of people with the JPMorgan logoA black and white silhouette of people with the JPMorgan logo

JPMorgan will pay a $75 million settlement to the U.S. Virgin Islands after accusations that it enabled Jeffrey Epstein’s sex trafficking oAP Photo/Seth Wenig

Ticker: JPM
Market Value: $771.7 million
Change in Shares: -231,976 (-6%)

8. UnitedHealth Group 

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

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

Picture illustration of a UnitedHealth Group health insurance card in a walletReuters

Ticker: UNH
Market Value: $811.3 million
Change in Shares: -46,678 (-3%)

7. Mastercard

MastercardMastercard

Reuters

Ticker: MA
Market Value: $900.5 million
Change in Shares: +15,727 (+1%)

6. Meta Platforms

MetaMeta

Getty Images

Ticker: META
Market Value: $1.63 billion 
Change in Shares: +130,061 (+4%)

5. Amazon

AmazonAmazon

Amazon

Getty

Ticker: AMZN
Market Value: $1.75 billion
Change in Shares: +457,246 (+5%)

4. Alphabet

A Google logo on a pair of glass doors.A Google logo on a pair of glass doors.

A Google logo on a pair of glass doors.

Google LondonView Pictures/Getty Images

Ticker: GOOGL & GOOG
Market Value: $1.95 billion
Change in GOOGL and GOOG Shares: +263,648 (+3%) and +118,983 (+3%)

3. Nvidia

Jensen Huang NvidiaJensen Huang Nvidia

Ticker: NVDA
Market Value: $2.45 billion
Change in Shares: +71,876 (+3%)

2. Apple

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iphone 8 plus iphone x apple

(L-R) The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple held their first special event at the new Apple Park campus where they announced the new iPhone 8, iPhone X and the Apple Watch Series 3.Justin Sullivan/Getty Images

Ticker: AAPL
Market Value: $2.63 billion
Change in Shares: +404,275 (+3%)

1. Microsoft

Satya Nadella, CEO of Microsoft.Satya Nadella, CEO of Microsoft.

Satya Nadella, CEO of Microsoft.

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

Ticker: MSFT
Market Value: $3.38 billion
Change in Shares: +148,061 (+2%)

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