Latest Deseret Mutual Benefit Administrators Stock Portfolio

Deseret Mutual Benefit Administrators Performance:

2024 Q3: 3.38%YTD: 8.55%2023: 6.97%

Performance for 2024 Q3 is 3.38%, and YTD is 8.55%, and 2023 is 6.97%.

About Deseret Mutual Benefit Administrators and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Deseret Mutual Benefit Administrators reported an equity portfolio of $196.5 Millions as of 30 Sep, 2024.

The top stock holdings of Deseret Mutual Benefit Administrators are BSAE, AFK, BIV. The fund has invested 21.3% of it's portfolio in INVESCO RUSSEL 1000 DM and 8.7% of portfolio in VANECK:IG FLOATING RATE.

The fund managers got completely rid off TE CONNECTIVITY ORD (TEL), WESTROCK ORD (WRK) and LIBRTY MEDIA LRTY SIRIUSXM SRS C ORD (BATRA) stocks. They significantly reduced their stock positions in GLOBE LIFE ORD (GL), ARAMARK ORD (ARMK) and JPMORGAN:ULTRA-SHORT INC (BBAX). Deseret Mutual Benefit Administrators opened new stock positions in CRH PUBLIC LIMITED ORD (CRH) and AVIS BUDGET GROUP ORD (CAR). The fund showed a lot of confidence in some stocks as they added substantially to CINTAS ORD (CTAS), KEYSIGHT TECHNOLOGIES ORD (KEYS) and KNIGHT SWIFT TRANSPRTATN CL A ORD (KNX).

Deseret Mutual Benefit Administrators Annual Return Estimates Vs S&P 500

Our best estimate is that Deseret Mutual Benefit Administrators made a return of 3.38% in the last quarter. In trailing 12 months, it's portfolio return was 14.47%.

New Buys

Ticker	$ Bought
crh public limited ord	24,947
avis budget group ord	7,533

New stocks bought by Deseret Mutual Benefit Administrators

Additions

Ticker	% Inc.
cintas ord	286
keysight technologies ord	87.67
knight swift transprtatn cl a ord	87.22
huntsman ord	86.21
expand energy ord	78.86
performance food group ord	78.29
lithia motors ord	71.79
tapestry ord	68.21

Additions to existing portfolio by Deseret Mutual Benefit Administrators

Reductions

Ticker	% Reduced
globe life ord	-76.00
aramark ord	-75.95
jpmorgan:ultra-short inc	-73.66
rithm capital ord	-70.19
navient ord	-69.52
southern copper ord	-69.11
newell brands ord	-60.15
bio rad laboratories cl a ord	-60.00

Deseret Mutual Benefit Administrators reduced stake in above stock

Sold off

Ticker	$ Sold
westrock ord	-56,291
librty media lrty siriusxm srs c ord	-18,193
te connectivity ord	-60,473
sirius xm holdings ord	-1,973
liberty media liberty live srs c ord	-957

Deseret Mutual Benefit Administrators got rid off the above stocks

Sector Distribution

Deseret Mutual Benefit Administrators has about 42.1% of it's holdings in Others sector.

Sector	%
Others	42.1
Technology	13
Healthcare	10.1
Financial Services	7
Industrials	6.4
Consumer Defensive	6.2
Consumer Cyclical	5.9
Communication Services	4.2
Energy	1.8
Basic Materials	1.4

Market Cap. Distribution

Deseret Mutual Benefit Administrators has about 56.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	42.1
LARGE-CAP	35.5
MEGA-CAP	21.4

Stocks belong to which Index?

About 56.7% of the stocks held by Deseret Mutual Benefit Administrators either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	56.7
Others	43.1

Top 5 Winners (%)		%
LUMN	lumen technologies ord	508.6 %
VNO	vornado realty reit ord	47.1 %
VFC	vf ord	47.0 %
SATS	echostar cl a ord	44.4 %
MHK	mohawk industries ord	41.5 %

Top 5 Winners ($)		$
IBM	international business machines ord	0.6 M
AAPL	apple ord	0.5 M
ORCL	oracle ord	0.5 M
META	meta platforms cl a ord	0.4 M
MMM	3m ord	0.3 M

Top 5 Losers (%)		%
CTAS	cintas ord	-72.3 %
MRNA	moderna ord	-41.0 %
AAP	advance auto parts ord	-38.4 %
DG	dollar general ord	-35.9 %
DLTR	dollar tree ord	-34.1 %

Top 5 Losers ($)		$
CTAS	cintas ord	-0.7 M
QCOM	qualcomm ord	-0.3 M
AMAT	applied material ord	-0.2 M
LRCX	lam research ord	-0.2 M
MRK	merck & co ord	-0.2 M

Deseret Mutual Benefit Administrators Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators has 493 stocks in it's portfolio. About 48.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. IBM was the most profitable stock for Deseret Mutual Benefit Administrators last quarter.

Last Reported on: 31 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies ord	0.02	263	39,050	added	17.94

AA	alcoa ord	0.01	690	26,620	added	30.43

AAP	advance auto parts ord	0.01	359	13,997	unchanged	0.00

AAPL	apple ord	2.58	21,723	5,061,460	reduced	-3.92

ABBV	abbvie ord	0.98	9,745	1,924,440	reduced	-0.19

ABC	cencora ord	0.09	744	167,460	reduced	-1.33

ABNB	airbnb cl a ord	0.00	41.00	5,199	unchanged	0.00

ABT	abbott laboratories ord	0.11	1,827	208,296	added	5.61

ACI	albertsons companies cl a ord	0.01	1,318	24,357	unchanged	0.00

ACM	aecom ord	0.05	868	89,638	added	6.11

ACN	accenture cl a ord	0.42	2,363	835,273	reduced	-1.54

ADBE	adobe ord	0.11	434	224,717	reduced	-1.59

ADI	analog devices ord	0.06	506	116,466	added	1.00

ADM	archer daniels midland ord	0.14	4,719	281,913	added	2.79

ADP	automatic data processing ord	0.18	1,303	360,579	reduced	-4.4

ADT	adt ord	0.00	488	3,528	unchanged	0.00

AEE	ameren ord	0.02	430	37,608	added	20.79

AEP	american electric power ord	0.05	908	93,161	unchanged	0.00

AES	the aes corporation	0.03	2,596	52,076	reduced	-35.28

AFG	american financial group ord	0.01	168	22,613	unchanged	0.00