US $100 billion Mormon Church Fund reduces holdings in "Seven Giants" Alphabet-C position cut by 15%

Ensign Peak Advisors, the investment fund of the Church of Jesus Christ of Latter-day Saints in the United States, has submitted its fourth-quarter holdings report as of December 31, 2023. The fund reduced its position in Alphabet-C-C, one of the "Big Seven," by 15% in the fourth quarter. The total market value of Ensign Peak Advisors' investment portfolio is $50.5 billion, with the top ten holdings accounting for 27.58% of the total market value. Microsoft is one of the fund's top five holdings, with a market value of approximately $2.963 billion. Apple ranks second, with a market value of approximately $2.872 billion. Amazon, NVIDIA, and Alphabet-C-C rank third, fourth, and fifth, respectively.