Deseret Mutual Benefit Administrators
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Deseret Mutual Benefit Administrators reported 484 stock positions worth $199.7 million. Its top holding was Invesco Russell 1000 DYN M/F (OMFL) at 22.6% of the portfolio, followed by Vaneck Fallen Angel High YLD (ANGL, 8.0%) and Vaneck Ig Floating Rate ETF (FLTR, 6.0%). Compared with Q4 2023, it opened 5 new positions, sold out of 2, added to 209 and reduced 70. The biggest buy was Invesco Russell 1000 DYN M/F (OMFL, shares +18%) and the biggest sale Vaneck Ig Floating Rate ETF (FLTR, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001789351
- Portfolio Value
- $199.7M (Q1 2024)
- SEC Filing
- 0001789351-24-000004 ↗ filed May 9, 2024
Holdings Value
Holdings 484 stocks · $199.7M
| OMFL Invesco Russell 1000 DYN M/F | 22.62% | 817,787 | $45.2M | Add +18.0% |
| ANGL Vaneck Fallen Angel High YLD | 8.00% | 550,664 | $16.0M | Add +1.0% |
| FLTR Vaneck Ig Floating Rate ETF | 6.02% | 471,281 | $12.0M | Reduce -14.9% |
| BND Vanguard Total Bond Market | 3.69% | 101,560 | $7.4M | Add +99.5% |
| JPST JPMorgan Ultra-Short Income | 3.54% | 140,291 | $7.1M | Add +0.0% |
| AAPL Apple Inc. | 1.89% | 21,998 | $3.8M | Add +4.1% |
| META Meta Platforms Inc. Class A | 1.84% | 7,561 | $3.7M | Add +0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.33% | 13,858 | $2.6M | Add +6.5% |
| ORCL Oracle Corp. | 1.31% | 20,818 | $2.6M | Add +10.8% |
| LLY Eli Lilly & Co. | 1.26% | 3,246 | $2.5M | Add +6.1% |
| MRK Merck & Co. Inc. | 1.18% | 17,908 | $2.4M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.99% | 12,447 | $2.0M | Add +11.6% |
| HD Home Depot Inc. | 0.96% | 4,982 | $1.9M | Add +6.0% |
| CSCO Cisco Systems Inc. | 0.95% | 37,864 | $1.9M | Add +3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.85% | 4,029 | $1.7M | Add +13.1% |
| QCOM Qualcomm Inc. | 0.84% | 9,893 | $1.7M | Add +13.1% |
| ABBV Abbvie Inc. | 0.82% | 8,995 | $1.6M | Add +5.9% |
| GILD Gilead Sciences Inc. | 0.81% | 22,014 | $1.6M | Add +3.1% |
| AMGN Amgen Inc. | 0.79% | 5,576 | $1.6M | Add +2.9% |
| PG The Procter & Gamble Co. | 0.74% | 9,123 | $1.5M | Add +2.1% |
| PEP Pepsico Inc. | 0.73% | 8,310 | $1.5M | Add +5.0% |
| WMT Walmart Inc. | 0.71% | 23,611 | $1.4M | No change |
| MSFT Microsoft Corp. | 0.68% | 3,230 | $1.4M | Reduce -5.3% |
| GOOGL Alphabet Inc. Class A | 0.67% | 8,813 | $1.3M | Reduce -3.1% |
| TGT Target Corp. | 0.66% | 7,416 | $1.3M | Add +11.2% |
| AVGO Broadcom Inc. | 0.66% | 987 | $1.3M | Add +3.5% |
| KO The Coca-Cola Co. | 0.64% | 20,845 | $1.3M | Add +10.7% |
| VZ Verizon Communications Inc. | 0.60% | 28,708 | $1.2M | Add +8.2% |
| UNP Union Pacific Corp. | 0.57% | 4,653 | $1.1M | Add +12.5% |
| AMAT Applied Materials Inc. | 0.57% | 5,531 | $1.1M | Add +12.2% |
| JPM JPMorgan Chase & Co. | 0.56% | 5,544 | $1.1M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 0.51% | 4,023 | $1.0M | Add +11.5% |
| BKNG Booking Holdings Inc. | 0.50% | 276 | $1.0M | Add +12.2% |
| MCD McDonald's Corp. | 0.49% | 3,502 | $987K | Reduce -6.5% |
| LMT Lockheed Martin Corp. | 0.48% | 2,126 | $967K | Add +11.3% |
| CVS CVS Health Corp. | 0.48% | 11,958 | $954K | Add +6.6% |
| XOM Exxon Mobil Corp. | 0.47% | 8,065 | $937K | Add +12.1% |
| PFE Pfizer Inc. | 0.46% | 33,196 | $921K | Add +9.5% |
| AMZN Amazon.com Inc. | 0.45% | 5,025 | $906K | Reduce -4.9% |
| CAT Caterpillar Inc. | 0.43% | 2,362 | $866K | Add +7.5% |
| V Visa Inc. Class A | 0.42% | 3,031 | $846K | Reduce -3.8% |
| TXN Texas Instruments Inc. | 0.42% | 4,840 | $843K | Add +13.2% |
| ACN Accenture PLC Class A | 0.40% | 2,324 | $806K | Add +11.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 21,078 | $799K | Add +2.8% |
| COST Costco Wholesale Corp. | 0.39% | 1,065 | $780K | Add +0.8% |
| INTC Intel Corp. | 0.39% | 17,447 | $771K | Reduce -7.5% |
| MMM 3M Co. | 0.39% | 7,250 | $769K | Add +13.5% |
| CMCSA Comcast Corp. Class A | 0.38% | 17,603 | $763K | Add +1.9% |
| MA Mastercard Inc. Class A | 0.38% | 1,557 | $750K | Add +14.2% |
| LRCX Lam Research Corp. | 0.36% | 744 | $723K | Add +12.1% |
| WFC Wells Fargo & Co. | 0.36% | 12,271 | $711K | Reduce -0.2% |
| C Citigroup Inc. | 0.34% | 10,862 | $687K | Reduce -0.8% |
| REGN Regeneron Pharmaceuticals | 0.30% | 628 | $604K | Add +1.0% |
| UPS United Parcel Service Class B | 0.30% | 4,002 | $595K | Add +12.6% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 10,433 | $566K | Add +8.2% |
| CVX Chevron Corp. | 0.28% | 3,560 | $562K | Add +11.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 5,415 | $549K | Add +12.6% |
| HCA HCA Healthcare Inc. | 0.24% | 1,461 | $487K | Add +9.4% |
| HPQ HP Inc. | 0.24% | 15,532 | $469K | Add +13.5% |
| ORLY O'reilly Automotive Inc. | 0.23% | 414 | $467K | Reduce -13.4% |
| CSX CSX Corp. | 0.23% | 12,292 | $456K | Add +0.5% |
| NOC Northrop Grumman Corp. | 0.23% | 945 | $452K | Add +12.4% |
| UNH Unitedhealth Group Inc. | 0.23% | 912 | $451K | Add +4.1% |
| CL Colgate-Palmolive Co. | 0.22% | 4,924 | $443K | Add +2.6% |
| T AT&T Inc. | 0.22% | 25,104 | $442K | Reduce -30.9% |
| AON Aon PLC Class A | 0.21% | 1,246 | $416K | Add +8.8% |
| LYB Lyondellbasell Indu Class A | 0.20% | 3,923 | $401K | Add +10.3% |
| EMR Emerson Electric Co. | 0.20% | 3,501 | $397K | Add +7.6% |
| BBY Best Buy Co. Inc. | 0.19% | 4,505 | $370K | Add +12.8% |
| AIG American International Group | 0.18% | 4,719 | $369K | Add +96.6% |
| PGR Progressive Corp. | 0.18% | 1,767 | $365K | Add +0.3% |
| KR Kroger Co. | 0.18% | 6,376 | $364K | Add +2.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.18% | 358 | $364K | Add +12.9% |
| GM General Motors Co. | 0.18% | 8,015 | $363K | Add +5.8% |
| SYF Synchrony Financial | 0.18% | 8,394 | $362K | Add +14.2% |
| KLAC KLA Corp. | 0.18% | 518 | $362K | Add +14.6% |
| MCK McKesson Corp. | 0.18% | 669 | $359K | Add +0.1% |
| EBAY eBay Inc. | 0.18% | 6,631 | $350K | Add +38.4% |
| MDLZ Mondelez International Inc. Class A | 0.17% | 4,947 | $346K | No change |
| CMI Cummins Inc. | 0.17% | 1,165 | $343K | Reduce -3.2% |
| CHTR Charter Communications Inc. Class A | 0.17% | 1,179 | $343K | Add +7.3% |
| ITW Illinois Tool Works | 0.17% | 1,266 | $340K | Reduce -5.3% |
| KMB Kimberly-Clark Corp. | 0.17% | 2,564 | $332K | Add +5.3% |
| ADP Automatic Data Processing | 0.16% | 1,309 | $327K | Reduce -4.9% |
| MRSH Marsh & McLennan Cos | 0.16% | 1,557 | $321K | Reduce -16.5% |
| LIN Linde PLC | 0.16% | 742 | $318K | Add +18.5% |
| BIIB Biogen Inc. | 0.16% | 1,445 | $312K | Add +11.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 2,554 | $311K | Add +10.7% |
| NUE Nucor Corp. | 0.15% | 1,549 | $307K | Add +8.3% |
| SYY Sysco Corp. | 0.15% | 3,703 | $301K | Add +22.7% |
| GS Goldman Sachs Group Inc. | 0.15% | 713 | $298K | Add +2.9% |
| WBA Walgreens Boots Alliance Inc. | 0.15% | 13,545 | $294K | Reduce -27.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 2,386 | $292K | Add +3.3% |
| NKE Nike Inc. Class B | 0.15% | 3,098 | $291K | Add +17.7% |
| YUM Yum! Brands Inc. | 0.14% | 1,973 | $274K | Reduce -6.5% |
| SPG Simon Property Group Inc. | 0.14% | 1,745 | $273K | Add +9.4% |
| BX Blackstone Inc. | 0.14% | 2,057 | $270K | Add +10.7% |
| ADM Archer-Daniels-Midland Co. | 0.13% | 4,277 | $269K | Add +7.5% |
| MU Micron Technology Inc. | 0.13% | 2,251 | $265K | No change |
| CI The Cigna Group | 0.13% | 711 | $258K | Add +4.9% |
Portfolio Sells Q4 2023 → Q1 2024
| FLTR Vaneck Ig Floating Rate ETF | Reduce -14.9% | 6.02% | −2.02 |
| INTC Intel Corp. | Reduce -7.5% | 0.39% | −0.16 |
| MCD McDonald's Corp. | Reduce -6.5% | 0.49% | −0.15 |
| WBA Walgreens Boots Alliance Inc. | Reduce -27.0% | 0.15% | −0.13 |
| T AT&T Inc. | Reduce -30.9% | 0.22% | −0.13 |
| GOOGL Alphabet Inc. Class A | Reduce -3.1% | 0.67% | −0.07 |
| MSFT Microsoft Corp. | Reduce -5.3% | 0.68% | −0.06 |
| V Visa Inc. Class A | Reduce -3.8% | 0.42% | −0.05 |
| HUM Humana Inc. | Reduce -25.8% | 0.04% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -16.5% | 0.16% | −0.04 |
| FL Foot Locker Inc. | Reduce -32.2% | 0.05% | −0.04 |
| LBTYK Liberty Global Ltd. Class C | Reduce -63.9% | 0.02% | −0.04 |
| BA The Boeing Co. | Reduce -8.7% | 0.05% | −0.04 |
| ITW Illinois Tool Works | Reduce -5.3% | 0.17% | −0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -13.4% | 0.23% | −0.03 |
| YUM Yum! Brands Inc. | Reduce -6.5% | 0.14% | −0.02 |
| ADP Automatic Data Processing | Reduce -4.9% | 0.16% | −0.02 |
| CARR Carrier Global Corp. | Reduce -2.0% | 0.08% | −0.01 |
| MNST Monster Beverage Corp. | Reduce -0.4% | 0.10% | −0.01 |
| INGR Ingredion Inc. | Reduce -26.6% | 0.02% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -8.3% | 0.09% | −0.01 |
| NAVI Navient Corp. | Reduce -53.4% | 0.01% | −0.01 |
| CCL Carnival Corp. | Reduce -11.1% | 0.02% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -4.9% | 0.45% | −0.01 |
| ACM Aecom | Reduce -11.2% | 0.04% | −0.01 |
| NLY Annaly Capital Management Inc. | Reduce -29.4% | 0.01% | −0.01 |
| DOX Amdocs Ltd. | Reduce -6.9% | 0.03% | −0.01 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.01 |
| RGA Reinsurance Group of America | Reduce -38.5% | 0.01% | −0.01 |
| ECHO Echostar Corp. Class A | Reduce -99.8% | 0.00% | −0.01 |
| GPC Genuine Parts Co. | Reduce -16.9% | 0.02% | −0.01 |
| NOV Nov Inc. | Reduce -33.9% | 0.01% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -30.6% | 0.01% | −0.01 |
| CRM Salesforce Inc. | Reduce -6.0% | 0.07% | −0.01 |
| INTU Intuit Inc. | Reduce -1.9% | 0.03% | −0.00 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −0.00 |
| EQH Equitable Holdings Inc. | Reduce -23.8% | 0.01% | −0.00 |
| KLG WK Kellogg Co. | Reduce -84.4% | 0.00% | −0.00 |
| L Loews Corp. | Reduce -16.8% | 0.02% | −0.00 |
| FLEX Flex Ltd. | Reduce -7.1% | 0.01% | −0.00 |
| IFF Intl Flavors & Fragrances | Reduce -7.5% | 0.02% | −0.00 |
| WKC World Kinect Corp. | Reduce -45.1% | 0.00% | −0.00 |
| FBIN Fortune Brands Innovations I | Reduce -27.9% | 0.01% | −0.00 |
| ARMK Aramark | Reduce -38.4% | 0.01% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -2.8% | 0.56% | −0.00 |
| LEN Lennar Corp. Class A | Reduce -6.5% | 0.04% | −0.00 |
| PVH PVH Corp. | Reduce -15.0% | 0.02% | −0.00 |
| UNM Unum Group | Reduce -18.4% | 0.01% | −0.00 |
| UBER Uber Technologies Inc. | Reduce -14.7% | 0.03% | −0.00 |
| UHS Universal Health Services-B | Reduce -14.3% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| OMFL Invesco Russell 1000 DYN M/F | Add +18.0% | 22.62% | +2.06 |
| BND Vanguard Total Bond Market | Add +99.5% | 3.69% | +1.53 |
| META Meta Platforms Inc. Class A | Add +0.8% | 1.84% | +0.31 |
| LLY Eli Lilly & Co. | Add +6.1% | 1.26% | +0.24 |
| ORCL Oracle Corp. | Add +10.8% | 1.31% | +0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.1% | 0.85% | +0.12 |
| AMAT Applied Materials Inc. | Add +12.2% | 0.57% | +0.11 |
| TGT Target Corp. | Add +11.2% | 0.66% | +0.11 |
| QCOM Qualcomm Inc. | Add +13.1% | 0.84% | +0.11 |
| IBM Intl Business Machines Corp. | Add +6.5% | 1.33% | +0.10 |
| AIG American International Group | Add +96.6% | 0.18% | +0.09 |
| LRCX Lam Research Corp. | Add +12.1% | 0.36% | +0.06 |
| ABBV Abbvie Inc. | Add +5.9% | 0.82% | +0.06 |
| CAT Caterpillar Inc. | Add +7.5% | 0.43% | +0.06 |
| PRU Prudential Financial Inc. | Add +82.0% | 0.13% | +0.06 |
| GEHC GE Healthcare Technology | New | 0.06% | +0.06 |
| XOM Exxon Mobil Corp. | Add +12.1% | 0.47% | +0.05 |
| EBAY eBay Inc. | Add +38.4% | 0.18% | +0.05 |
| PXD Pioneer Natural Resources Co. | Add +197.1% | 0.08% | +0.05 |
| MET Metlife Inc. | Add +74.4% | 0.13% | +0.05 |
| LOW Lowe's Cos Inc. | Add +11.5% | 0.51% | +0.05 |
| AVGO Broadcom Inc. | Add +3.5% | 0.66% | +0.04 |
| MA Mastercard Inc. Class A | Add +14.2% | 0.38% | +0.04 |
| ADBE Adobe Inc. | Add +105.1% | 0.11% | +0.04 |
| AFL Aflac Inc. | Add +57.8% | 0.12% | +0.04 |
| HCA HCA Healthcare Inc. | Add +9.4% | 0.24% | +0.04 |
| AMP Ameriprise Financial Inc. | Add +101.3% | 0.07% | +0.03 |
| GWW WW Grainger Inc. | Add +12.9% | 0.18% | +0.03 |
| KLAC KLA Corp. | Add +14.6% | 0.18% | +0.03 |
| ATMU Atmus Filtration Technologie | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | Add +8.2% | 0.60% | +0.03 |
| BLDR Builders Firstsource Inc. | Add +130.7% | 0.04% | +0.03 |
| DIS The Walt Disney Co. | Add +3.3% | 0.15% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +79.0% | 0.07% | +0.03 |
| PFG Principal Financial Group | Add +126.5% | 0.05% | +0.03 |
| GM General Motors Co. | Add +5.8% | 0.18% | +0.03 |
| MPC Marathon Petroleum Corp. | Add +3.7% | 0.13% | +0.02 |
| SYY Sysco Corp. | Add +22.7% | 0.15% | +0.02 |
| MAR Marriott International Class A | Add +41.4% | 0.08% | +0.02 |
| DVA Davita Inc. | Add +7.5% | 0.12% | +0.02 |
| VLO Valero Energy Corp. | Add +8.8% | 0.11% | +0.02 |
| PGR Progressive Corp. | Add +0.3% | 0.18% | +0.02 |
| SYF Synchrony Financial | Add +14.2% | 0.18% | +0.02 |
| DKS Dick's Sporting Goods Inc. | Add +2.2% | 0.07% | +0.02 |
| DG Dollar General Corp. | Add +16.6% | 0.13% | +0.02 |
| KR Kroger Co. | Add +2.0% | 0.18% | +0.02 |
| NTAP Netapp Inc. | Add +14.9% | 0.11% | +0.02 |
| HD Home Depot Inc. | Add +6.0% | 0.96% | +0.02 |
| GD General Dynamics Corp. | Add +38.3% | 0.07% | +0.02 |
| HWM Howmet Aerospace Inc. | Add +9.2% | 0.10% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 517 | $306.1M | HYG, CLOI, FLTR, AAPL, CSCO |
| Q1 2026 | 507 | $293.6M | HYG, CLOI, FLTR, AAPL, JNJ |
| Q4 2025 | 499 | $234.4M | OMFL, HYG, CLOI, FLTR, AAPL |
| Q3 2025 | 516 | $237.6M | OMFL, HYG, CLOI, FLTR, AAPL |
| Q2 2025 | 499 | $213.3M | OMFL, HYG, FLTR, CLOI, AAPL |
| Q1 2025 | 501 | $201.5M | OMFL, HYG, FLTR, CLOI, AAPL |
| Q4 2024 | 487 | $203.3M | OMFL, FLTR, HYG, JPST, AAPL |
| Q3 2024 | 493 | $196.5M | OMFL, FLTR, BND, ANGL, JPST |
| Q2 2024 | 496 | $215.6M | OMFL, JPST, ANGL, FLTR, BND |
| Q1 2024 | 484 | $199.7M | OMFL, ANGL, FLTR, BND, JPST |