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Impact journalism from Truth & Transparency regarding the finances of religious institutions.
This morning, the Salt Lake Tribune reported that Ensign Peak Advisors, the investment arm of the Church of Jesus Christ of Latter-day Saints, reported a total of $38.7 billion of holdings in the U.S. stock market. Truth & Transparency first reported on this topic in May 2018 by
Mormon-tied Public Holdings Near $35 Billion; Venture Capital Investments in Pharma and Tech Companies Discovered
In May 2018 the Mormon Church was connected to 13 LLCs holding assets in the U.S. stock market worth over $32 billion. The public filings for the third quarter of 2019 for 12 of these LLCs show they are now worth a combined total of $34.9 billion.