Ensign Peak Advisors, Inc

Ensign Peak Advisors, the investment arm of the Church of Jesus Christ of Latter-day Saints, held $53.7B across 1,708 positions with a standard megacap core — NVIDIA (7.5%), Apple (5.5%), Microsoft (4.6%), Amazon and Alphabet. The Q1 activity leaned defensive: the firm trimmed Microsoft (-$828M), Meta (-$250M), Amazon (-$235M) and AbbVie, while adding Micron and ExxonMobil (+$191M). New positions in Merck, Boston Scientific, Costco, ConocoPhillips and GE Vernova; exits in FTAI Aviation, Capital One, AppLovin and Abbott. Assets eased from $56.6B to $53.7B.