LDS Church discloses the $37.8 billion stock portfolio of its biggest investment fund
For the first time, the LDS Church’s biggest investment fund has disclosed its Wall Street holdings, revealing $37.8 billion in stocks and mutual funds.
The federal filing may be the best answer ever to how The Church of Jesus Christ of Latter-day Saints has invested the excess tithing paid by its 16 million members. The detailed list included 1,659 stocks and mutual funds, including household names like Amazon, Chevron and Walmart, that the fund held for the quarter ending Dec. 31.