The LDS Church Made $7 Billion & Still Lost to the S&P 500

Mormon Discussions Podcasts – Full Lineup · Aug 18, 2026 · 1h 59m

Tonight on Mormon Newscast, we’re following the money—and asking what the latest numbers actually tell us about the LDS Church. We begin with Ensign Peak’s newly released Q2 2026 investment report. The Church’s publicly disclosed U.S. securities climbed from roughly $53.67 billion to $60.82 billion in a single quarter, with enormous exposure to Nvidia, Microsoft, Alphabet, Amazon, Micron, AMD and the broader AI boom. But how impressive is that performance when compared with the S&P 500—or a simple momentum ETF? We dig into what Ensign Peak bought and sold, its increasingly AI-heavy portfolio…