Deseret Mutual Benefit Administrators' Q4 2023 13F: 6 new positions, 25 exits

Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 13, 2024 · 480 reported positions · accession 0001789351-24-000002

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Exited GOLDMAN:AB US LG CAP EQ (GSLC) 23.0% — −23.0 pts −556K sh −100%
New INVESCO RUSSEL 1000 DM (OMFL) — 20.6% +20.6 pts +693K sh new
Reduced VANECK:FA HIGH YLD BOND (ANGL) 8.3% 9.1% +0.8 pts −79,436 sh −13%
Reduced APPLE ORD (AAPL) 2.5% 2.3% −0.1 pts −8,159 sh −28%
Reduced MERCK & CO ORD (MRK) 1.5% 1.1% −0.4 pts −11,591 sh −39%
Reduced INTERNATIONAL BUSINESS MACHINES ORD (IBM) 1.3% 1.2% −0.1 pts −6,523 sh −33%
Increased JPMORGAN:ULTRA-SHORT INC (JPST) 3.0% 4.1% +1.1 pts +20,370 sh +17%
Reduced CISCO SYSTEMS ORD (CSCO) 1.3% 1.1% −0.3 pts −13,497 sh −27%
Reduced GILEAD SCIENCES ORD (GILD) 1.1% 1.0% −0.1 pts −7,657 sh −26%
Reduced ORACLE ORD (ORCL) 1.3% 1.1% −0.1 pts −5,879 sh −24%
Reduced ELI LILLY ORD (LLY) 1.0% 1.0% 0.0 pts −908 sh −23%
Reduced AMGEN ORD (AMGN) 1.0% 0.9% −0.1 pts −1,829 sh −25%
Reduced MICROSOFT ORD (MSFT) 0.7% 0.7% 0.0 pts −1,333 sh −28%
Reduced JOHNSON & JOHNSON ORD (JNJ) 1.1% 1.0% −0.1 pts −3,084 sh −22%
Reduced META PLATFORMS CL A ORD (META) 1.3% 1.5% +0.2 pts −1,353 sh −15%
Reduced HOME DEPOT ORD (HD) 0.9% 0.9% 0.0 pts −1,375 sh −23%
Reduced PEPSICO ORD (PEP) 0.9% 0.8% −0.1 pts −2,776 sh −26%
Reduced COCA-COLA ORD (KO) 0.7% 0.6% −0.1 pts −7,993 sh −30%
Reduced AT&T ORD (T) 0.4% 0.4% −0.1 pts −24,158 sh −40%
Reduced PROCTER & GAMBLE ORD (PG) 0.8% 0.8% −0.1 pts −2,756 sh −24%
Reduced WALMART ORD (WMT) 0.8% 0.7% −0.1 pts −2,558 sh −25%
Reduced ALPHABET CL A ORD (GOOGL) 0.8% 0.7% 0.0 pts −2,879 sh −24%
Reduced MCDONALD'S ORD (MCD) 0.7% 0.6% 0.0 pts −1,301 sh −26%
Reduced UNION PACIFIC ORD (UNP) 0.6% 0.6% 0.0 pts −1,546 sh −27%
Reduced ABBVIE ORD (ABBV) 0.8% 0.8% 0.0 pts −2,450 sh −22%
Reduced QUALCOMM ORD (QCOM) 0.6% 0.7% +0.1 pts −2,586 sh −23%
Reduced INTEL ORD (INTC) 0.4% 0.5% +0.1 pts −6,820 sh −27%
Reduced VISA CL A ORD (V) 0.5% 0.5% 0.0 pts −1,312 sh −29%
Reduced BROADCOM ORD (AVGO) 0.5% 0.6% +0.1 pts −282 sh −23%
Reduced JPMORGAN CHASE ORD (JPM) 0.5% 0.6% 0.0 pts −1,761 sh −24%
Reduced BOOKING HOLDINGS ORD (BKNG) 0.5% 0.5% 0.0 pts −82 sh −25%
Reduced LOCKHEED MARTIN ORD (LMT) 0.5% 0.5% 0.0 pts −589 sh −24%
Reduced ACCENTURE CL A ORD (ACN) 0.4% 0.4% 0.0 pts −744 sh −26%
Reduced APPLIED MATERIAL ORD (AMAT) 0.4% 0.5% 0.0 pts −1,584 sh −24%
Reduced AMAZON COM ORD (AMZN) 0.4% 0.5% 0.0 pts −1,640 sh −24%
Reduced TARGET ORD (TGT) 0.5% 0.5% +0.1 pts −1,708 sh −20%
Reduced COMCAST CL A ORD (CMCSA) 0.5% 0.4% −0.1 pts −5,289 sh −23%
Reduced CATERPILLAR ORD (CAT) 0.4% 0.4% 0.0 pts −780 sh −26%
Reduced MASTERCARD CL A ORD (MA) 0.4% 0.3% 0.0 pts −537 sh −28%
Reduced O REILLY AUTOMOTIVE ORD (ORLY) 0.3% 0.3% −0.1 pts −240 sh −33%
Reduced LOWE'S COMPANIES ORD (LOW) 0.5% 0.5% 0.0 pts −995 sh −22%
Reduced TEXAS INSTRUMENTS ORD (TXN) 0.4% 0.4% 0.0 pts −1,244 sh −23%
Reduced WELLS FARGO ORD (WFC) 0.3% 0.3% 0.0 pts −3,987 sh −24%
Reduced 3M ORD (MMM) 0.4% 0.4% 0.0 pts −1,777 sh −22%
Reduced UNITED PARCEL SERVICE CL B ORD (UPS) 0.4% 0.3% 0.0 pts −1,211 sh −25%
Reduced CVS HEALTH ORD (CVS) 0.5% 0.5% 0.0 pts −2,326 sh −17%
Reduced EXXON MOBIL ORD (XOM) 0.5% 0.4% −0.1 pts −1,789 sh −20%
Reduced REGENERON PHARMACEUTICALS ORD (REGN) 0.3% 0.3% 0.0 pts −199 sh −24%
Reduced COSTCO WHOLESALE ORD (COST) 0.4% 0.4% 0.0 pts −263 sh −20%
Reduced PFIZER ORD (PFE) 0.6% 0.5% −0.1 pts −5,792 sh −16%

The 50 largest of 499 changes, by size of the trade. Full holdings for this quarter.

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • LIBERTY GLOBAL CL C ORD (LBTYK): G5480U120 → G61188127, 5,668 → 5,046 shares (share count changed with the identifier; not shown as a trade)
  • BUNGE ORD (BG): G16962105 → H11356104, 1,854 → 338 shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 51.2% of the equity book

Changes in the top 10 this quarter: OMFL entered · ORCL entered · GSLC left · CSCO left

# Security Weight before Weight now
1 INVESCO RUSSEL 1000 DM (OMFL) 0.0% 20.6% Entered the top 10
2 VANECK:FA HIGH YLD BOND (ANGL) 8.3% 9.1%
3 VANECK:IG FLOATING RATE (FLTR) 6.9% 8.0%
4 JPMORGAN:ULTRA-SHORT INC (JPST) 3.0% 4.1%
5 APPLE ORD (AAPL) 2.5% 2.3%
6 VANGUARD TOT BD ETF (BND) 1.7% 2.2%
7 META PLATFORMS CL A ORD (META) 1.3% 1.5%
8 INTERNATIONAL BUSINESS MACHINES ORD (IBM) 1.3% 1.2%
9 ORACLE ORD (ORCL) 1.3% 1.1% Entered the top 10
10 MERCK & CO ORD (MRK) 1.5% 1.1%
— GOLDMAN:AB US LG CAP EQ (GSLC) 23.0% 0.0% Left the top 10
— CISCO SYSTEMS ORD (CSCO) 1.3% 1.1% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).