"The man builds larger barns to store surplus goods and is called a fool because he is 'not rich toward God.'"

Luke 12:16–21

LDS Temple
The Church of Jesus Christ is Hoarding
56 Billion Dollars
Merchants Of War
The Church of Jesus Christ profits from weapons manufacturing, AI targeting systems, and military hardware—$694M invested in the machinery of war.
Military tank
$694M
Fossil Fuels
The LDS Church teaches environmental stewardship as a religious duty—the earth belongs to God and is given to man in trust. It holds $1.74B in companies whose business model depends on extracting, refining, and burning fossil fuels.
Oil barrel
$1.74B
Opioid-Adjacent Pharma
The body is a temple and substances that harm or alter it are to be avoided.
Pills
$465M
Full Portfolio — 1,685 Holdings
Q4 2025 SEC 13-F · Ensign Peak Advisors · Total: $56,616,871,829
# ISSUER VALUE WEIGHT CLASS CUSIP SHARES DISCRETION

"The man builds larger barns to store surplus goods and is called a fool because he is 'not rich toward God.'"

Luke 12:16–21

LDS Temple The Church of Jesus Christ is Hoarding 56 Billion Dollars
Merchants Of War
The Church of Jesus Christ profits from every missile fired, every drone strike executed, and every nuclear warhead maintained.
Military tank $694M
Fossil Fuels
The LDS Church teaches environmental stewardship as a religious duty — the earth belongs to God and is given to man in trust. Investing $1.74B in companies whose core business model depends on extracting, refining, and burning fossil fuels sits uneasily against this teaching.
Oil barrel $1.74B
Opioid-Adjacent Pharma
The body is a temple and substances that harm or alter it are to be avoided.
Pills $465M
Full Portfolio — 1,685 Holdings
Q4 2025 · Ensign Peak Advisors · Total: $56,616,871,829
# ISSUER VALUE WEIGHT