These are the top 10 holdings of the Mormon Church's $49 billion stock portfolio

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Mormon Church

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This 44-year-old founder and CEO is stepping down to go on a 3-year religious mission. 'I feel such confidence that this is the right thing.'

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Davis Smith is stepping down to fulfill a 3-year calling as a mission president for The Church of Jesus Christ of Latter-day Saints in Recife, Brazil.
Davis Smith is stepping down to fulfill a 3-year calling as a mission president for The Church of Jesus Christ of Latter-day Saints in Recife, Brazil.

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The Mormon Church and its investment arm will pay $5 million to settle SEC charges that it went to 'great lengths' to avoid disclosures related to its massive portfolio

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Mormon Church
The Church of Jesus Christ of Latter-Day Saints' temple in Salt Lake City, Utah.

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The Mormon Church settles allegations it hid $32 billion in investments. A top exec said the church was worried its staggering wealth would cause members to stop donating.

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The Church of Jesus Christ of Latter-Day Saints, historic Mormon Salt Lake Temple is shown here on December 17, 2019 in Salt Lake City, Utah. A inside whistle blower has alleged the Mormon Church misled members on how a $100 billion investment fund was used.
The Church of Jesus Christ of Latter-Day Saints, historic Mormon Salt Lake Temple is shown here on December 17, 2019 in Salt Lake City, Utah.

These are the top 10 holdings of the Mormon Church's $44 billion stock portfolio

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Mormon Church

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The SEC is investigating whether the Mormon Church's investment division complied with disclosure rules, report says

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The Church of Jesus Christ of Latter-Day Saints' temple is pictured in Salt Lake City, Utah January 27, 2015.
The Church of Jesus Christ of Latter-Day Saints' temple in Salt Lake City, Utah.

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