Institutional Manager · CIK 0001789351
Deseret Mutual Benefit Administrators
SALT LAKE CITY, UT · File #028-20110
Latest AUM
$234.4M
Positions
499
Top-10 Concentration
69.7%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | VANECK ETF TRUST | 92189F486 | -188,804 | -$4.8M | -$47,411 |
| REDUCE | INVESCO EXCH TRD SLF IDX FD | IVZ | -47,541 | -$2.9M | +$693,524 |
| ADD | ISHARES TR | 464288513 | +13,627 | +$1.1M | -$215,134 |
| REDUCE | VANECK ETF TRUST | 92189H748 | -13,691 | -$723,022 | -$84,462 |
| REDUCE | META PLATFORMS INC | META | -1,047 | -$691,114 | -$249,837 |
| ADD | JOHNSON & JOHNSON | JNJ | +3,288 | +$680,452 | +$374,536 |
| ADD | NETFLIX INC | NFLX | +6,304 | +$591,063 | -$603,417 |
| REDUCE | BROADCOM INC | AVGO | -1,469 | -$508,421 | +$163,211 |
| ADD | ABBVIE INC | ABBV | +1,910 | +$436,416 | -$29,658 |
| EXITED | HARMONY BIOSCIENCES HLDGS IN | 413197104 | -11,177 | -$308,038 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025499 pos · $234.4M
- 13F HOLDINGS REPORTQ/E Sep 2025516 pos · $237.6M
- 13F HOLDINGS REPORTQ/E Jun 2025499 pos · $213.3M
- 13F HOLDINGS REPORTQ/E Mar 2025502 pos · $201.5M
- 13F HOLDINGS REPORTQ/E Dec 2024489 pos · $203.3M
- 13F HOLDINGS REPORTQ/E Sep 2024493 pos · $196.5M
- 13F HOLDINGS REPORTQ/E Jun 2024496 pos · $215.6M
- 13F HOLDINGS REPORTQ/E Mar 2024484 pos · $199.7M
- 13F HOLDINGS REPORTQ/E Dec 2023499 pos · $203.7M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INVESCO EXCH TRD SLF IDX FD | IVZ | 749,613 | $45.8M | 25.94% |
| 2 | ISHARES TR | 464288513 | 397,793 | $32.1M | 18.15% |
| 3 | VANECK ETF TRUST | 92189H748 | 277,556 | $14.7M | 8.30% |
| 4 | VANECK ETF TRUST | 92189F486 | 337,995 | $8.6M | 4.87% |
| 5 | APPLE INC | AAPL | 21,673 | $5.9M | 3.34% |
| 6 | JOHNSON & JOHNSON | JNJ | 20,684 | $4.3M | 2.42% |
| 7 | CISCO SYS INC | CSCO | 40,748 | $3.1M | 1.78% |
| 8 | ALPHABET INC | GOOG | 9,575 | $3.0M | 1.70% |
| 9 | BROADCOM INC | AVGO | 8,612 | $3.0M | 1.69% |
| 10 | ABBVIE INC | ABBV | 11,634 | $2.7M | 1.50% |
| 11 | ORACLE CORP | ORCL-PD | 12,950 | $2.5M | 1.43% |
| 12 | GILEAD SCIENCES INC | GILD | 19,279 | $2.4M | 1.34% |
| 13 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,599 | $2.3M | 1.31% |
| 14 | INTERNATIONAL BUSINESS MACHS | INTR | 6,893 | $2.0M | 1.16% |
| 15 | MERCK & CO INC | MRK | 18,035 | $1.9M | 1.07% |
| 16 | ELI LILLY & CO | LLY | 1,636 | $1.8M | 1.00% |
| 17 | MICROSOFT CORP | MSFT | 3,611 | $1.7M | 0.99% |
| 18 | HOME DEPOT INC | HD | 4,853 | $1.7M | 0.95% |
| 19 | WALMART INC | WMT | 14,558 | $1.6M | 0.92% |
| 20 | META PLATFORMS INC | META | 2,316 | $1.5M | 0.87% |