The Church Office Building is shown in Salt Lake City in December 2023. The portfolio of the faith's investment arm topped $50 billion in value at the end of 2023.
That total had fallen to $46.8 billion as of the end of September amid stock sales and market fluctuations but grew in the fourth quarter by $3.7 billion, according to required disclosures to the U.S. Securities and Exchange Commission.website, which uses public data and sophisticated modeling to track church finances and other trends, shows that the Ensign Peak portfolio was a net seller of U.S. stocks throughout much of last year, shedding nearly $1.75 billion of its holdings.
Ensign Peak’s holdings generally mirror the mix of stocks in the S&P 500 index with 1,739 different investments as of the end of 2023, winnowed from 2,308 in mid-2022.