Does The Mormon Church Own Stock In Budweiser Coca Cola? Fact Checked

However, understanding the intricacies of the church's investment. In a 60 minutes special over the weekend, the whistleblower said that the mormon church's investment arm acted as a clandestine hedge fund disguised as a charity.

The mormon church's mysterious $100 billion fund revealed huge stakes in tech companies. No publicly available information indicates the church owns stock in budweiser. The church has never owned, in whole or in part, any company that produces, distributes, or sells alcoholic beverages.

What Companies Does Mormon Church Own? Brands Owned By

If it is less than that then.

In most cases they are only required to report, or be reported, on financial filings if they own more than (5% if i remember correctly?) of the total shares of a company.

Ensign peak advisors had a $40 billion stock portfolio at the end of 2019, sec. Mormon farmers raise barley for budweiser and negra modelo beers, and last year, mormons in the idaho legislature helped kill a plan to raise beer and wine taxes to fund drug. These are the top 10 holdings of the mormon church's stock portfolio as of june 30.