Deseret Mutual Benefit Administrators
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Deseret Mutual Benefit Administrators reported 487 stock positions worth $203.3 million. Its top holding was Invesco Russell 1000 DYN M/F (OMFL) at 21.2% of the portfolio, followed by Vaneck Ig Floating Rate ETF (FLTR, 8.8%) and Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, 8.8%). Compared with Q3 2024, it opened 7 new positions, sold out of 11, added to 156 and reduced 180. The biggest buy was a new position in Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) and the biggest sale an exit from Vanguard Total Bond Market (BND).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001789351
- Portfolio Value
- $203.3M (Q4 2024)
- SEC Filing
- 0001789351-25-000003 ↗ filed Feb 3, 2025
Holdings Value
Holdings 487 stocks · $203.3M
| OMFL Invesco Russell 1000 DYN M/F | 21.16% | 792,983 | $43.0M | Add +0.2% |
| FLTR Vaneck Ig Floating Rate ETF | 8.82% | 704,119 | $17.9M | Add +4.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 8.77% | 226,574 | $17.8M | New |
| JPST JPMorgan Ultra-Short Income | 2.99% | 120,648 | $6.1M | No change |
| AAPL Apple Inc. | 2.71% | 21,973 | $5.5M | Add +1.1% |
| CLOI Vaneck Clo ETF | 1.98% | 76,114 | $4.0M | New |
| META Meta Platforms Inc. Class A | 1.46% | 5,052 | $3.0M | Reduce -9.2% |
| ORCL Oracle Corp. | 1.29% | 15,685 | $2.6M | Reduce -0.7% |
| LLY Eli Lilly & Co. | 1.18% | 3,107 | $2.4M | Add +3.7% |
| CSCO Cisco Systems Inc. | 1.09% | 37,278 | $2.2M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 4,750 | $2.2M | Reduce -3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.02% | 9,421 | $2.1M | Reduce -16.7% |
| AVGO Broadcom Inc. | 0.92% | 8,028 | $1.9M | Reduce -10.8% |
| JNJ Johnson & Johnson | 0.91% | 12,854 | $1.9M | Add +1.5% |
| WMT Walmart Inc. | 0.87% | 19,540 | $1.8M | Reduce -5.7% |
| HD Home Depot Inc. | 0.85% | 4,439 | $1.7M | Reduce -8.6% |
| GOOGL Alphabet Inc. Class A | 0.85% | 9,105 | $1.7M | Add +1.5% |
| ABBV Abbvie Inc. | 0.84% | 9,660 | $1.7M | Reduce -0.9% |
| ANGL Vaneck Fallen Angel High YLD | 0.83% | 59,076 | $1.7M | Reduce -74.0% |
| PG The Procter & Gamble Co. | 0.78% | 9,489 | $1.6M | Reduce -0.9% |
| GILD Gilead Sciences Inc. | 0.78% | 17,064 | $1.6M | Reduce -5.9% |
| MRK Merck & Co. Inc. | 0.72% | 14,804 | $1.5M | Add +0.9% |
| MSFT Microsoft Corp. | 0.70% | 3,388 | $1.4M | Add +4.1% |
| PEP Pepsico Inc. | 0.66% | 8,847 | $1.3M | Add +3.2% |
| AMGN Amgen Inc. | 0.64% | 4,953 | $1.3M | Reduce -4.9% |
| KO The Coca-Cola Co. | 0.61% | 19,956 | $1.2M | Reduce -2.0% |
| MMM 3M Co. | 0.60% | 9,475 | $1.2M | Add +5.9% |
| VZ Verizon Communications Inc. | 0.60% | 30,565 | $1.2M | Reduce -2.3% |
| BKNG Booking Holdings Inc. | 0.58% | 239 | $1.2M | Add +2.6% |
| QCOM Qualcomm Inc. | 0.58% | 7,728 | $1.2M | Reduce -19.8% |
| LMT Lockheed Martin Corp. | 0.55% | 2,318 | $1.1M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.55% | 5,088 | $1.1M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.53% | 4,519 | $1.1M | Reduce -9.0% |
| TGT Target Corp. | 0.53% | 7,904 | $1.1M | Add +1.5% |
| XOM Exxon Mobil Corp. | 0.51% | 9,641 | $1.0M | Add +3.0% |
| PFE Pfizer Inc. | 0.51% | 38,746 | $1.0M | Add +5.1% |
| LOW Lowe's Cos Inc. | 0.50% | 4,103 | $1.0M | Reduce -4.1% |
| MCD McDonald's Corp. | 0.49% | 3,437 | $996K | Add +1.2% |
| UNP Union Pacific Corp. | 0.48% | 4,272 | $974K | Add +1.2% |
| V Visa Inc. Class A | 0.47% | 3,023 | $955K | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.45% | 1,005 | $921K | Reduce -1.1% |
| TXN Texas Instruments Inc. | 0.44% | 4,796 | $899K | Add +2.4% |
| ACN Accenture PLC Class A | 0.42% | 2,435 | $857K | Add +3.0% |
| AMAT Applied Materials Inc. | 0.39% | 4,901 | $797K | Reduce -9.5% |
| MA Mastercard Inc. Class A | 0.39% | 1,493 | $786K | Reduce -4.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 17,467 | $768K | Reduce -9.5% |
| BMY Bristol-Myers Squibb Co. | 0.36% | 13,056 | $738K | Add +9.0% |
| WFC Wells Fargo & Co. | 0.34% | 9,982 | $701K | Reduce -4.2% |
| CAT Caterpillar Inc. | 0.33% | 1,821 | $661K | Reduce -3.2% |
| CVX Chevron Corp. | 0.32% | 4,441 | $643K | Add +5.7% |
| C Citigroup Inc. | 0.31% | 8,847 | $623K | Reduce -11.2% |
| MET Metlife Inc. | 0.30% | 7,557 | $619K | Add +18.6% |
| CVS CVS Health Corp. | 0.30% | 13,563 | $609K | Add +5.8% |
| CMCSA Comcast Corp. Class A | 0.29% | 15,551 | $584K | Add +27.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 4,704 | $568K | Reduce -3.9% |
| UPS United Parcel Service Class B | 0.27% | 4,372 | $551K | Add +4.1% |
| T AT&T Inc. | 0.26% | 23,550 | $536K | Reduce -3.7% |
| HPQ HP Inc. | 0.26% | 16,160 | $527K | Reduce -2.4% |
| UNH Unitedhealth Group Inc. | 0.26% | 1,029 | $521K | Add +2.7% |
| PRU Prudential Financial Inc. | 0.25% | 4,321 | $512K | Add +20.3% |
| INTC Intel Corp. | 0.25% | 24,957 | $500K | Add +12.9% |
| EBAY eBay Inc. | 0.24% | 7,860 | $487K | Add +23.8% |
| SYF Synchrony Financial | 0.23% | 7,321 | $476K | Reduce -6.6% |
| AIG American International Group | 0.22% | 6,152 | $448K | Reduce -2.1% |
| REGN Regeneron Pharmaceuticals | 0.22% | 621 | $442K | Add +2.0% |
| CHTR Charter Communications Inc. Class A | 0.22% | 1,284 | $440K | Add +5.3% |
| NOC Northrop Grumman Corp. | 0.21% | 922 | $433K | Reduce -0.9% |
| CL Colgate-Palmolive Co. | 0.21% | 4,686 | $426K | Reduce -4.3% |
| AON Aon PLC Class A | 0.21% | 1,179 | $423K | Reduce -3.7% |
| CSX CSX Corp. | 0.20% | 12,791 | $413K | Add +3.6% |
| HCA HCA Healthcare Inc. | 0.20% | 1,336 | $401K | Reduce -5.4% |
| PGR Progressive Corp. | 0.19% | 1,646 | $394K | Reduce -0.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.19% | 364 | $384K | Add +2.5% |
| KR Kroger Co. | 0.19% | 6,183 | $378K | Reduce -0.6% |
| AFL Aflac Inc. | 0.18% | 3,567 | $369K | Add +26.9% |
| GM General Motors Co. | 0.18% | 6,866 | $366K | Reduce -12.1% |
| ADP Automatic Data Processing | 0.18% | 1,221 | $357K | Reduce -6.3% |
| AMP Ameriprise Financial Inc. | 0.17% | 668 | $356K | Add +21.7% |
| BBY Best Buy Co. Inc. | 0.17% | 4,100 | $352K | Reduce -8.6% |
| ITW Illinois Tool Works | 0.17% | 1,385 | $351K | Add +4.8% |
| BX Blackstone Inc. | 0.17% | 1,997 | $344K | Add +0.5% |
| GS Goldman Sachs Group Inc. | 0.17% | 596 | $341K | Reduce -9.6% |
| EMR Emerson Electric Co. | 0.17% | 2,717 | $337K | Add +1.9% |
| ORLY O'reilly Automotive Inc. | 0.16% | 282 | $334K | Reduce -7.2% |
| TMUS T-Mobile US Inc. | 0.16% | 1,464 | $323K | Reduce -1.0% |
| MRSH Marsh & McLennan Cos | 0.16% | 1,497 | $318K | Add +0.3% |
| HWM Howmet Aerospace Inc. | 0.16% | 2,893 | $316K | Reduce -0.7% |
| KMB Kimberly-Clark Corp. | 0.15% | 2,391 | $313K | Reduce -2.3% |
| LYB Lyondellbasell Indu Class A | 0.15% | 4,200 | $312K | Add +6.0% |
| MCK McKesson Corp. | 0.15% | 546 | $311K | Reduce -15.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.15% | 2,715 | $307K | Add +0.7% |
| COP Conocophillips | 0.15% | 3,059 | $303K | Add +32.5% |
| KLAC KLA Corp. | 0.15% | 478 | $301K | Reduce -6.1% |
| GLW Corning Inc. | 0.15% | 6,226 | $296K | Add +3.7% |
| SPG Simon Property Group Inc. | 0.14% | 1,696 | $292K | Add +0.1% |
| MDLZ Mondelez International Inc. Class A | 0.14% | 4,828 | $288K | Add +2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 2,510 | $279K | Add +0.8% |
| MS Morgan Stanley | 0.13% | 2,172 | $273K | Reduce -6.8% |
| NKE Nike Inc. Class B | 0.13% | 3,590 | $272K | Add +8.6% |
| YUM Yum! Brands Inc. | 0.13% | 1,932 | $259K | Reduce -0.2% |
Lines left out (1) · $12 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ATMU Atmus Filtration Technologie | COM | 0 | $12 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $203.3M.
Portfolio Sells Q3 2024 → Q4 2024
| BND Vanguard Total Bond Market | Sold out | 0.00% | −3.64 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -74.0% | 0.83% | −2.57 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.29 |
| IBM Intl Business Machines Corp. | Reduce -16.7% | 1.02% | −0.25 |
| QCOM Qualcomm Inc. | Reduce -19.8% | 0.58% | −0.25 |
| AMGN Amgen Inc. | Reduce -4.9% | 0.64% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -9.2% | 1.46% | −0.17 |
| AMAT Applied Materials Inc. | Reduce -9.5% | 0.39% | −0.17 |
| HD Home Depot Inc. | Reduce -8.6% | 0.85% | −0.15 |
| LMT Lockheed Martin Corp. | Reduce -0.8% | 0.55% | −0.14 |
| ABBV Abbvie Inc. | Reduce -0.9% | 0.84% | −0.13 |
| KO The Coca-Cola Co. | Reduce -2.0% | 0.61% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -2.3% | 0.60% | −0.11 |
| HCA HCA Healthcare Inc. | Reduce -5.4% | 0.20% | −0.09 |
| LOW Lowe's Cos Inc. | Reduce -4.1% | 0.50% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.1% | 1.06% | −0.09 |
| ORCL Oracle Corp. | Reduce -0.7% | 1.29% | −0.08 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.07 |
| BBY Best Buy Co. Inc. | Reduce -8.6% | 0.17% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.78% | −0.06 |
| KLAC KLA Corp. | Reduce -6.1% | 0.15% | −0.05 |
| STX Seagate Technology Holdings | Reduce -7.1% | 0.13% | −0.05 |
| CAT Caterpillar Inc. | Reduce -3.2% | 0.33% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -4.3% | 0.21% | −0.05 |
| CE Celanese Corp. | Reduce -24.7% | 0.03% | −0.05 |
| HPQ HP Inc. | Reduce -2.4% | 0.26% | −0.04 |
| NEM Newmont Corp. | Reduce -11.7% | 0.06% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -0.9% | 0.21% | −0.04 |
| LIN Linde PLC | Reduce -4.6% | 0.12% | −0.03 |
| SPGI S&P Global Inc. | Reduce -20.3% | 0.08% | −0.03 |
| ADM Archer-Daniels-Midland Co. | Reduce -0.7% | 0.12% | −0.03 |
| CDW CDW Corp. | Reduce -27.4% | 0.03% | −0.02 |
| OMC Omnicom Group | Reduce -5.8% | 0.08% | −0.02 |
| MU Micron Technology Inc. | Reduce -1.6% | 0.08% | −0.02 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.02 |
| LHX L3HARRIS Technologies Inc. | Reduce -3.6% | 0.11% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -2.3% | 0.15% | −0.02 |
| PGR Progressive Corp. | Reduce -0.7% | 0.19% | −0.02 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.8% | 0.08% | −0.02 |
| AES AES Corp. | Reduce -50.2% | 0.01% | −0.02 |
| GE General Electric | Reduce -20.6% | 0.04% | −0.02 |
| PSX Phillips 66 | Reduce -1.5% | 0.08% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -1.7% | 0.07% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -1.8% | 0.09% | −0.02 |
| RTX RTX Corp. | Reduce -4.8% | 0.11% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -3.5% | 0.10% | −0.02 |
| GEN Gen Digital Inc. | Reduce -17.0% | 0.06% | −0.01 |
| WU Western Union Co. | Reduce -86.7% | 0.00% | −0.01 |
| DHI D.R. Horton Inc. | Reduce -2.4% | 0.03% | −0.01 |
| LEN Lennar Corp. Class A | Reduce -1.8% | 0.03% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 8.77% | +8.77 |
| CLOI Vaneck Clo ETF | New | 1.98% | +1.98 |
| AAPL Apple Inc. | Add +1.1% | 2.71% | +0.13 |
| FLTR Vaneck Ig Floating Rate ETF | Add +4.7% | 8.82% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 0.85% | +0.09 |
| BKNG Booking Holdings Inc. | Add +2.6% | 0.58% | +0.08 |
| AMZN Amazon.com Inc. | Add +0.4% | 0.55% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +9.0% | 0.36% | +0.05 |
| AMP Ameriprise Financial Inc. | Add +21.7% | 0.17% | +0.04 |
| TSLA Tesla Inc. | Add +3.8% | 0.11% | +0.04 |
| TSCO Tractor Supply Company | Add +70.3% | 0.11% | +0.04 |
| MET Metlife Inc. | Add +18.6% | 0.30% | +0.04 |
| CMI Cummins Inc. | Add +32.1% | 0.12% | +0.03 |
| GEHC GE Healthcare Technology | Add +73.4% | 0.12% | +0.03 |
| PRU Prudential Financial Inc. | Add +20.3% | 0.25% | +0.03 |
| EBAY eBay Inc. | Add +23.8% | 0.24% | +0.03 |
| TPR Tapestry Inc. | Add +33.4% | 0.06% | +0.03 |
| TEL Te Connectivity PLC | New | 0.03% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +27.6% | 0.29% | +0.03 |
| COP Conocophillips | Add +32.5% | 0.15% | +0.03 |
| AFL Aflac Inc. | Add +26.9% | 0.18% | +0.02 |
| MAR Marriott International Class A | Add +17.0% | 0.10% | +0.02 |
| EMR Emerson Electric Co. | Add +1.9% | 0.17% | +0.02 |
| DIS The Walt Disney Co. | Add +0.8% | 0.14% | +0.02 |
| CHTR Charter Communications Inc. Class A | Add +5.3% | 0.22% | +0.02 |
| CRBG Corebridge Financial Inc. | Add +34.4% | 0.06% | +0.01 |
| SW Smurfit Westrock PLC | New | 0.01% | +0.01 |
| BX Blackstone Inc. | Add +0.5% | 0.17% | +0.01 |
| WBD Warner Bros Discovery Inc. | Add +12.0% | 0.05% | +0.01 |
| CMA Comerica Inc. | Add +38.9% | 0.04% | +0.01 |
| CRH CRH PLC | Add +87.7% | 0.02% | +0.01 |
| SIRI Sirius XM Holdings Inc. | New | 0.01% | +0.01 |
| SCCO Southern Copper Corp. | Add +210.7% | 0.02% | +0.01 |
| XYZ Block Inc. | Add +37.9% | 0.02% | +0.01 |
| WBA Walgreens Boots Alliance Inc. | Add +10.0% | 0.08% | +0.01 |
| BSX Boston Scientific Corp. | Add +19.7% | 0.04% | +0.01 |
| GLW Corning Inc. | Add +3.7% | 0.15% | +0.01 |
| DKS Dick's Sporting Goods Inc. | Add +4.9% | 0.07% | +0.01 |
| PSA Public Storage | Add +49.0% | 0.05% | +0.01 |
| HON Honeywell International Inc. | Add +1.4% | 0.11% | +0.01 |
| DLTR Dollar Tree Inc. | Add +20.9% | 0.03% | +0.01 |
| CTRA Coterra Energy Inc. | Add +33.2% | 0.02% | +0.01 |
| ANET Arista Networks Inc. | Add +75.8% | 0.01% | +0.01 |
| EW Edwards Lifesciences Corp. | Add +36.3% | 0.02% | +0.01 |
| LH Labcorp Holdings Inc. | Add +28.2% | 0.03% | +0.01 |
| WDAY Workday Inc. Class A | Add +102.7% | 0.01% | +0.00 |
| EXE Expand Energy Corp. | Add +29.1% | 0.01% | +0.00 |
| OXY Occidental Petroleum Corp. | Add +27.1% | 0.03% | +0.00 |
| RIVN Rivian Automotive Inc. Class A | Add +56.3% | 0.01% | +0.00 |
| ABNB Airbnb Inc. Class A | Add +158.5% | 0.01% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| ATMU Atmus Filtration Technologie | COM | Reduce -100.0% | 0 | $12 |
| AGR Avangrid Inc. | Stock | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |