The Mormon church’s investment strategy has traditionally favored blue-chip stocks and stable industries. However, the inclusion of an AI company in their top 10 holdings signals a shift towards embracing emerging technologies. While the exact identity of this AI stock remains undisclosed, its presence among established giants speaks volumes about the church’s forward-thinking approach.
Here’s a glimpse into some of the other heavyweights likely to be found in the portfolio:
1. Apple (AAPL)
3. Amazon (AMZN)
4. Alphabet (GOOGL)
5. Berkshire Hathaway (BRK.A)
7. JPMorgan Chase (JPM)
8. Procter & Gamble (PG)
9. Visa (V)
10. The mysterious AI stock
A Divine Investment Strategy?
The church’s investment arm, Ensign Peak Advisors, has consistently demonstrated a keen eye for balancing risk and reward. By diversifying into AI, they’re not just chasing trends – they’re positioning themselves at the forefront of technological innovation.
This move raises intriguing questions:
Is the church anticipating a major AI breakthrough?
How might this investment align with their religious values?
Could this signal a broader shift in institutional investing towards AI?
As the lines between technology, finance, and faith continue to blur, the Mormon church’s $55 billion portfolio serves as a fascinating case study in modern investment strategies. With its mix of established giants and cutting-edge AI, it’s clear that even centuries-old institutions are adapting to the digital age.
