The Mormon Church's secretive $100 billion fund revealed huge stakes in Apple, Google, and Microsoft. Here are its 10 biggest holdings.

tmohamed@businessinsider.com (Theron Mohamed)
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  • The Mormon Church's mysterious $100 billion fund revealed huge stakes in tech companies.
  • Ensign Peak Advisors had a $40 billion stock portfolio at the end of 2019, SEC filings show.
  • It included $6 billion worth of shares in Microsoft, Apple, Alphabet, Amazon, and Intel.
  • Ensign doesn't hold Coca-Cola or Starbucks, likely because it doesn't invest in caffeine stocks.
  • Visit Business Insider's homepage for more stories.

The Mormon Church's secretive $100 billion investment fund revealed massive stakes in Microsoft, Apple, and other tech titans for the first time this month.

Ensign Peak Advisors, the investing arm of the Church of Jesus Christ of Latter-day Saints, boasted a $40 billion stock portfolio at the end of December, according to Securities and Exchange Commission filings.

The fund — which is more than 50 years old — held $6 billion worth of shares in just five companies: Microsoft, Apple, Google-parent Alphabet, Amazon, and Intel. It eschews businesses that Mormons find objectionable, The Wall Street Journal reported this month, which likely explains why it isn't an investor in tobacco titan Philip Morris, gambling giant Caesars Entertainment, or caffeine sellers such as Starbucks and Coca-Cola.

A whistleblower recently exposed Ensign as one of the world's biggest funds, ranking alongside SoftBank's Vision Fund in terms of assets. Mormon Church leaders may have kept its size a secret for years out of fear it would discourage donations known as tithes, The Journal reported. Mormons are obliged to give 10% of their yearly income to the church, which then passes any donations surplus to it budgetary needs to Ensign, the newspaper said.

Ensign didn't immediately respond to a request for comment from Business Insider.

These are Ensign's 10 biggest holdings and their current value, according to Bloomberg data:

1. Microsoft

FILE PHOTO: A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson/File Photo


Reuters

Number of shares: 9.5 million

Current market value: $1.8 billion

2. Apple

apple store


Alex Tai/SOPA Images/LightRocket via Getty Images

Number of shares: 5.4 million

Current market value: $1.7 billion

3. Alphabet

Google early days


Paul Sakuma/AP

Number of shares: 694,000

Current market value: $1.1 billion

4. Amazon

FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo


Reuters

Number of shares: 463,000

Current market value: $988 million

5. Intel

FILE PHOTO: A visitor passes an Intel logo at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Sergio Perez/File Photo


Reuters

Number of shares: 10.1 million

Current market value: $679 million

6. Johnson & Johnson

johnson and johnson


Mario Tama/Getty Images

Number of shares: 4.4 million

Current market value: $665 million

7. Visa

Visa cards


Associated Press

Number of shares: 2.8 million

Current market value: $596 million

8. Facebook

FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam


Reuters

Number of shares: 2.6 million

Current market value: $561 million

9. JPMorgan Chase

JPMorgan


Getty/Andrew Burton

Number of shares: 3.5 million

Current market value: $479 million

10. UnitedHealth

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


Reuters

Number of shares: 1.6 million

Current market value: $479 million

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