Deseret Mutual Benefit Administrators' Q1 2025 13F: 13 new positions, 3 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed Apr 25, 2025 · 502 reported positions · accession 0001789351-25-000006
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | JPMORGAN:ULTRA-SHORT INC (JPST) | 3.0% | 0.5% | −2.5 pts | −101K sh | −84% |
| Increased | VANECK:CLO (CLOI) | 2.0% | 4.5% | +2.5 pts | +95,587 sh | +126% |
| Reduced | VANECK:IG FLOATING RATE (FLTR) | 8.8% | 7.5% | −1.3 pts | −113K sh | −16% |
| New | LAM RESEARCH ORD (LRCX) | — | 0.3% | +0.3 pts | +7,091 sh | new |
| Reduced | INTERNATIONAL BUSINESS MACHINES ORD (IBM) | 1.0% | 1.0% | −0.1 pts | −1,622 sh | −17% |
| Reduced | ORACLE ORD (ORCL) | 1.3% | 0.9% | −0.4 pts | −2,321 sh | −15% |
| Increased | AT&T ORD (T) | 0.3% | 0.4% | +0.2 pts | +7,900 sh | +34% |
| Increased | CHARTER COMMUNICATIONS CL A ORD (CHTR) | 0.2% | 0.3% | +0.1 pts | +564 sh | +44% |
| Increased | BROADCOM ORD (AVGO) | 0.9% | 0.8% | −0.1 pts | +1,222 sh | +15% |
| Reduced | AMGEN ORD (AMGN) | 0.6% | 0.7% | 0.0 pts | −634 sh | −13% |
| Reduced | AMERICAN INTERNATIONAL GROUP ORD (AIG) | 0.2% | 0.2% | 0.0 pts | −2,062 sh | −34% |
| Increased | ISHARES:IBOXX $HY CORP (HYG) | 8.8% | 9.0% | +0.2 pts | +2,095 sh | +1% |
| Reduced | ELI LILLY ORD (LLY) | 1.2% | 1.2% | 0.0 pts | −200 sh | −6% |
| Increased | ABBVIE ORD (ABBV) | 0.8% | 1.1% | +0.2 pts | +763 sh | +8% |
| Increased | NETFLIX ORD (NFLX) | 0.1% | 0.1% | +0.1 pts | +155 sh | +132% |
| New | BLACKROCK ORD (BLK) | — | 0.1% | +0.1 pts | +151 sh | new |
| Reduced | WALMART ORD (WMT) | 0.9% | 0.8% | −0.1 pts | −1,614 sh | −8% |
| Increased | JOHNSON & JOHNSON ORD (JNJ) | 0.9% | 1.1% | +0.2 pts | +769 sh | +6% |
| Increased | HOME DEPOT ORD (HD) | 0.8% | 0.9% | 0.0 pts | +323 sh | +7% |
| Reduced | METLIFE ORD (MET) | 0.3% | 0.2% | −0.1 pts | −1,308 sh | −17% |
| Reduced | PRUDENTIAL FINANCIAL ORD (PRU) | 0.3% | 0.2% | −0.1 pts | −926 sh | −21% |
| Reduced | APPLE ORD (AAPL) | 2.7% | 2.4% | −0.3 pts | −444 sh | −2% |
| Reduced | TRANSDIGM GROUP ORD (TDG) | 0.1% | 0.0% | 0.0 pts | −71 sh | −74% |
| Reduced | TRACTOR SUPPLY ORD (TSCO) | 0.1% | 0.1% | 0.0 pts | −1,674 sh | −39% |
| Increased | VISA CL A ORD (V) | 0.5% | 0.6% | +0.1 pts | +258 sh | +9% |
| Increased | GILEAD SCIENCES ORD (GILD) | 0.8% | 1.0% | +0.2 pts | +784 sh | +5% |
| Increased | MICROSOFT ORD (MSFT) | 0.7% | 0.7% | 0.0 pts | +227 sh | +7% |
| Increased | LOWE'S COMPANIES ORD (LOW) | 0.5% | 0.5% | 0.0 pts | +356 sh | +9% |
| Reduced | JPMORGAN CHASE ORD (JPM) | 0.5% | 0.5% | 0.0 pts | −336 sh | −7% |
| Increased | PFIZER ORD (PFE) | 0.5% | 0.5% | 0.0 pts | +3,164 sh | +8% |
| Reduced | NORTHROP GRUMMAN ORD (NOC) | 0.2% | 0.2% | 0.0 pts | −153 sh | −17% |
| Increased | BRISTOL MYERS SQUIBB ORD (BMY) | 0.4% | 0.4% | +0.1 pts | +1,257 sh | +10% |
| Increased | PEPSICO ORD (PEP) | 0.7% | 0.7% | 0.0 pts | +482 sh | +5% |
| Increased | 3M ORD (MMM) | 0.6% | 0.7% | +0.1 pts | +492 sh | +5% |
| Reduced | WELLS FARGO ORD (WFC) | 0.3% | 0.3% | 0.0 pts | −961 sh | −10% |
| Reduced | MASTERCARD CL A ORD (MA) | 0.4% | 0.4% | 0.0 pts | −123 sh | −8% |
| Increased | AMAZON COM ORD (AMZN) | 0.5% | 0.5% | 0.0 pts | +342 sh | +7% |
| Increased | MERCK & CO ORD (MRK) | 0.7% | 0.7% | 0.0 pts | +692 sh | +5% |
| Increased | S&P GLOBAL ORD (SPGI) | 0.1% | 0.1% | 0.0 pts | +122 sh | +37% |
| Reduced | ALLSTATE ORD (ALL) | 0.1% | 0.1% | 0.0 pts | −297 sh | −33% |
| Increased | CISCO SYSTEMS ORD (CSCO) | 1.1% | 1.2% | +0.1 pts | +987 sh | +3% |
| Increased | MCDONALD'S ORD (MCD) | 0.5% | 0.6% | +0.1 pts | +190 sh | +6% |
| Reduced | SEAGATE TECHNOLOGY HOLDINGS ORD (STX) | 0.1% | 0.1% | 0.0 pts | −675 sh | −23% |
| Reduced | CITIGROUP ORD (C) | 0.3% | 0.3% | 0.0 pts | −781 sh | −9% |
| Increased | ACCENTURE CL A ORD (ACN) | 0.4% | 0.4% | 0.0 pts | +173 sh | +7% |
| Increased | EXPAND ENERGY ORD (EXE) | 0.0% | 0.0% | 0.0 pts | +480 sh | +169% |
| Reduced | CARRIER GLOBAL ORD (CARR) | 0.1% | 0.1% | 0.0 pts | −815 sh | −29% |
| Increased | TEXAS INSTRUMENTS ORD (TXN) | 0.4% | 0.5% | 0.0 pts | +282 sh | +6% |
| Increased | CVS HEALTH ORD (CVS) | 0.3% | 0.5% | +0.2 pts | +729 sh | +5% |
| Increased | LOCKHEED MARTIN ORD (LMT) | 0.6% | 0.5% | 0.0 pts | +110 sh | +5% |
The 50 largest of 269 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
Top 10 positions — 50.5% of the equity book
Changes in the top 10 this quarter: BRK-B entered · JNJ entered · JPST left · ORCL left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | INVESCO RUSSEL 1000 DM (OMFL) | 21.2% | 21.0% | |
| 2 | ISHARES:IBOXX $HY CORP (HYG) | 8.8% | 9.0% | |
| 3 | VANECK:IG FLOATING RATE (FLTR) | 8.8% | 7.5% | |
| 4 | VANECK:CLO (CLOI) | 2.0% | 4.5% | |
| 5 | APPLE ORD (AAPL) | 2.7% | 2.4% | |
| 6 | META PLATFORMS CL A ORD (META) | 1.5% | 1.4% | |
| 7 | BERKSHIRE HATHAWAY CL B ORD (BRK-B) | 1.1% | 1.2% | Entered the top 10 |
| 8 | ELI LILLY ORD (LLY) | 1.2% | 1.2% | |
| 9 | CISCO SYSTEMS ORD (CSCO) | 1.1% | 1.2% | |
| 10 | JOHNSON & JOHNSON ORD (JNJ) | 0.9% | 1.1% | Entered the top 10 |
| — | JPMORGAN:ULTRA-SHORT INC (JPST) | 3.0% | 0.5% | Left the top 10 |
| — | ORACLE ORD (ORCL) | 1.3% | 0.9% | 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).