Deseret Mutual Benefit Administrators
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Deseret Mutual Benefit Administrators reported 507 stock positions worth $293.6 million. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 10.7% of the portfolio, followed by Vaneck Clo ETF (CLOI, 6.0%) and Vaneck Ig Floating Rate ETF (FLTR, 4.0%). Compared with Q4 2025, it opened 11 new positions, sold out of 4, added to 453 and reduced 42. The biggest buy was Apple (AAPL, shares +107%) and the biggest sale an exit from Invesco Russell 1000 DYN M/F (OMFL).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001789351
- Portfolio Value
- $293.6M (Q1 2026)
- SEC Filing
- 0001789351-26-000003 ↗ filed May 8, 2026
Holdings Value
Holdings 507 stocks · $293.6M
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 10.72% | 395,455 | $31.5M | Reduce -0.6% |
| CLOI Vaneck Clo ETF | 6.05% | 336,862 | $17.8M | Add +21.4% |
| FLTR Vaneck Ig Floating Rate ETF | 3.98% | 458,322 | $11.7M | Add +35.6% |
| AAPL Apple Inc. | 3.88% | 44,886 | $11.4M | Add +107.1% |
| JNJ Johnson & Johnson | 2.45% | 29,372 | $7.2M | Add +42.0% |
| AVGO Broadcom Inc. | 2.04% | 19,384 | $6.0M | Add +125.1% |
| CSCO Cisco Systems Inc. | 1.86% | 70,470 | $5.5M | Add +72.9% |
| GOOGL Alphabet Inc. Class A | 1.60% | 16,331 | $4.7M | Add +70.6% |
| GILD Gilead Sciences Inc. | 1.56% | 32,797 | $4.6M | Add +70.1% |
| ABBV Abbvie Inc. | 1.34% | 18,046 | $3.9M | Add +55.1% |
| LRCX Lam Research Corp. | 1.26% | 17,310 | $3.7M | Add +123.1% |
| AMAT Applied Materials Inc. | 1.24% | 10,647 | $3.6M | Add +122.4% |
| HD Home Depot Inc. | 1.14% | 10,221 | $3.4M | Add +110.6% |
| CAT Caterpillar Inc. | 1.10% | 4,574 | $3.2M | Add +148.6% |
| MRK Merck & Co. Inc. | 1.07% | 26,080 | $3.1M | Add +44.6% |
| XOM Exxon Mobil Corp. | 1.00% | 17,230 | $2.9M | Add +75.9% |
| LMT Lockheed Martin Corp. | 0.99% | 4,793 | $2.9M | Add +69.5% |
| META Meta Platforms Inc. Class A | 0.96% | 4,919 | $2.8M | Add +112.4% |
| ORCL Oracle Corp. | 0.95% | 19,055 | $2.8M | Add +47.1% |
| LLY Eli Lilly & Co. | 0.95% | 3,026 | $2.8M | Add +85.0% |
| PEP Pepsico Inc. | 0.92% | 17,359 | $2.7M | Add +63.8% |
| MPC Marathon Petroleum Corp. | 0.88% | 10,622 | $2.6M | Add +168.6% |
| MSFT Microsoft Corp. | 0.88% | 6,988 | $2.6M | Add +93.5% |
| LOW Lowe's Cos Inc. | 0.82% | 10,218 | $2.4M | Add +102.1% |
| V Visa Inc. Class A | 0.82% | 7,929 | $2.4M | Add +128.9% |
| AMZN Amazon.com Inc. | 0.82% | 11,492 | $2.4M | Add +107.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.78% | 4,758 | $2.3M | Add +3.5% |
| AMGN Amgen Inc. | 0.76% | 6,371 | $2.2M | Add +76.7% |
| UNP Union Pacific Corp. | 0.76% | 9,191 | $2.2M | Add +111.7% |
| TXN Texas Instruments Inc. | 0.75% | 11,403 | $2.2M | Add +101.4% |
| KO The Coca-Cola Co. | 0.75% | 28,953 | $2.2M | Add +58.8% |
| TGT Target Corp. | 0.73% | 17,803 | $2.2M | Add +112.0% |
| QCOM Qualcomm Inc. | 0.71% | 16,076 | $2.1M | Add +131.3% |
| CVX Chevron Corp. | 0.66% | 9,388 | $1.9M | Add +79.8% |
| GLW Corning Inc. | 0.65% | 14,092 | $1.9M | Add +111.0% |
| JPM JPMorgan Chase & Co. | 0.65% | 6,506 | $1.9M | Add +83.3% |
| MMM 3M Co. | 0.63% | 12,776 | $1.9M | Add +60.7% |
| HWM Howmet Aerospace Inc. | 0.63% | 7,992 | $1.8M | Add +139.0% |
| PG The Procter & Gamble Co. | 0.61% | 12,317 | $1.8M | Add +18.8% |
| KLAC KLA Corp. | 0.58% | 1,163 | $1.7M | Add +122.8% |
| MCD McDonald's Corp. | 0.58% | 5,483 | $1.7M | Add +57.4% |
| BKNG Booking Holdings Inc. | 0.55% | 385 | $1.6M | Add +79.9% |
| MA Mastercard Inc. Class A | 0.55% | 3,235 | $1.6M | Add +130.7% |
| INTC Intel Corp. | 0.55% | 36,331 | $1.6M | Add +55.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.54% | 9,917 | $1.6M | Add +126.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.54% | 6,501 | $1.6M | Reduce -5.7% |
| NFLX Netflix Inc. | 0.53% | 16,230 | $1.6M | Add +136.9% |
| STX Seagate Technology Holdings | 0.53% | 3,942 | $1.5M | Add +108.9% |
| ACN Accenture PLC Class A | 0.50% | 7,353 | $1.5M | Add +130.9% |
| HCA HCA Healthcare Inc. | 0.46% | 2,871 | $1.4M | Add +122.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 27,696 | $1.4M | Add +80.5% |
| CSX CSX Corp. | 0.43% | 30,989 | $1.3M | Add +123.9% |
| C Citigroup Inc. | 0.40% | 10,375 | $1.2M | Add +71.2% |
| WMT Walmart Inc. | 0.40% | 9,348 | $1.2M | Reduce -35.8% |
| UPS United Parcel Service Class B | 0.39% | 11,770 | $1.2M | Add +105.9% |
| PFE Pfizer Inc. | 0.39% | 40,506 | $1.1M | Reduce -17.9% |
| T AT&T Inc. | 0.38% | 38,856 | $1.1M | Reduce -28.8% |
| UNH Unitedhealth Group Inc. | 0.38% | 4,148 | $1.1M | Add +114.4% |
| VZ Verizon Communications Inc. | 0.38% | 21,941 | $1.1M | Reduce -26.3% |
| WFC Wells Fargo & Co. | 0.35% | 13,004 | $1.0M | Add +79.8% |
| LYB Lyondellbasell Indu Class A | 0.35% | 12,681 | $1.0M | Add +124.2% |
| NUE Nucor Corp. | 0.34% | 5,844 | $988K | Add +134.6% |
| CHTR Charter Communications Inc. Class A | 0.34% | 4,569 | $986K | Add +77.3% |
| COP Conocophillips | 0.31% | 6,870 | $907K | Add +81.2% |
| REGN Regeneron Pharmaceuticals | 0.30% | 1,158 | $895K | Add +55.6% |
| HPQ HP Inc. | 0.30% | 45,473 | $874K | Add +129.4% |
| TER Teradyne Inc. | 0.29% | 2,887 | $856K | Add +118.4% |
| ITW Illinois Tool Works | 0.29% | 3,258 | $848K | Add +114.6% |
| BMY Bristol-Myers Squibb Co. | 0.29% | 13,968 | $847K | Reduce -22.8% |
| EBAY eBay Inc. | 0.28% | 9,169 | $835K | Add +13.5% |
| ANGL Vaneck Fallen Angel High YLD | 0.27% | 27,810 | $799K | Add +1.0% |
| TPR Tapestry Inc. | 0.27% | 5,614 | $792K | Add +124.0% |
| GM General Motors Co. | 0.27% | 10,614 | $791K | Add +66.6% |
| MU Micron Technology Inc. | 0.26% | 2,273 | $768K | Add +42.3% |
| NKE Nike Inc. Class B | 0.26% | 14,305 | $756K | Add +118.8% |
| VLO Valero Energy Corp. | 0.25% | 3,022 | $747K | Add +69.3% |
| CL Colgate-Palmolive Co. | 0.24% | 8,357 | $712K | Add +66.2% |
| CMCSA Comcast Corp. Class A | 0.24% | 24,529 | $704K | Add +22.1% |
| BBY Best Buy Co. Inc. | 0.24% | 10,901 | $700K | Add +127.8% |
| GS Goldman Sachs Group Inc. | 0.24% | 821 | $695K | Add +75.0% |
| LNG Cheniere Energy Inc. | 0.23% | 2,422 | $687K | Add +129.8% |
| ADP Automatic Data Processing | 0.23% | 3,376 | $686K | Add +132.5% |
| ORLY O'reilly Automotive Inc. | 0.23% | 7,364 | $680K | Add +60.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.23% | 7,367 | $664K | Add +125.2% |
| CVS CVS Health Corp. | 0.22% | 9,128 | $656K | Reduce -39.0% |
| NVDA Nvidia Corp. | 0.22% | 3,712 | $647K | Add +117.1% |
| AFL Aflac Inc. | 0.22% | 5,870 | $644K | Add +53.4% |
| AMP Ameriprise Financial Inc. | 0.21% | 1,400 | $622K | Add +127.3% |
| CHRW C.H. Robinson Worldwide Inc. | 0.21% | 3,746 | $622K | Add +73.1% |
| SYF Synchrony Financial | 0.21% | 9,018 | $613K | Add +131.8% |
| RTX RTX Corp. | 0.20% | 3,072 | $593K | Add +68.4% |
| SCHW Schwab (charles) Corp. | 0.20% | 6,297 | $592K | Add +100.1% |
| COST Costco Wholesale Corp. | 0.20% | 580 | $578K | Reduce -29.9% |
| KR Kroger Co. | 0.20% | 7,957 | $576K | Add +52.9% |
| NOC Northrop Grumman Corp. | 0.20% | 840 | $573K | Add +9.9% |
| CTVA Corteva Inc. | 0.19% | 6,670 | $558K | Add +108.6% |
| BX Blackstone Inc. | 0.19% | 4,836 | $556K | Add +135.7% |
| AON Aon PLC Class A | 0.19% | 1,710 | $552K | Add +34.5% |
| DELL Dell Technologies -C | 0.18% | 3,256 | $534K | Add +118.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.18% | 45,325 | $523K | Add +71.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $51 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 556 | $51 | No change |
Total filed on the 13F, all lines: $293.6M.
Portfolio Sells Q4 2025 → Q1 2026
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −19.55 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -0.6% | 10.72% | −2.96 |
| IBM Intl Business Machines Corp. | Reduce -5.7% | 0.54% | −0.33 |
| WMT Walmart Inc. | Reduce -35.8% | 0.40% | −0.30 |
| CVS CVS Health Corp. | Reduce -39.0% | 0.22% | −0.28 |
| T AT&T Inc. | Reduce -28.8% | 0.38% | −0.19 |
| VZ Verizon Communications Inc. | Reduce -26.3% | 0.38% | −0.14 |
| PFE Pfizer Inc. | Reduce -17.9% | 0.39% | −0.14 |
| BMY Bristol-Myers Squibb Co. | Reduce -22.8% | 0.29% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -29.9% | 0.20% | −0.11 |
| PGR Progressive Corp. | Reduce -42.2% | 0.06% | −0.08 |
| MCK McKesson Corp. | Reduce -53.1% | 0.05% | −0.08 |
| NEM Newmont Corp. | Reduce -32.2% | 0.08% | −0.06 |
| CAH Cardinal Health Inc. | Reduce -50.6% | 0.04% | −0.06 |
| FOXA Fox Corp. Class A | Reduce -45.6% | 0.03% | −0.06 |
| GD General Dynamics Corp. | Reduce -29.4% | 0.07% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -31.9% | 0.07% | −0.05 |
| CI The Cigna Group | Reduce -3.3% | 0.16% | −0.05 |
| LHX L3HARRIS Technologies Inc. | Reduce -33.0% | 0.09% | −0.05 |
| ADM Archer-Daniels-Midland Co. | Reduce -31.8% | 0.09% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -31.3% | 0.05% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -18.7% | 0.09% | −0.04 |
| CME Cme Group Inc. | Reduce -30.4% | 0.05% | −0.04 |
| TSN Tyson Foods Inc. Class A | Reduce -25.5% | 0.06% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -9.3% | 0.05% | −0.03 |
| VTRS Viatris Inc. | Reduce -30.5% | 0.05% | −0.03 |
| WM Waste Management Inc. | Reduce -24.1% | 0.05% | −0.03 |
| KHC The Kraft Heinz Co. | Reduce -5.5% | 0.06% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -13.6% | 0.05% | −0.02 |
| RSG Republic Services Inc. | Reduce -42.8% | 0.02% | −0.02 |
| LDOS Leidos Holdings Inc. | Reduce -26.1% | 0.02% | −0.02 |
| WTW Willis Towers Watson PLC | Reduce -24.5% | 0.02% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -29.8% | 0.01% | −0.02 |
| DGX Quest Diagnostics Inc. | Reduce -34.8% | 0.02% | −0.02 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.02 |
| PKG Packaging Corp. of America | Reduce -27.2% | 0.02% | −0.01 |
| DOX Amdocs Ltd. | Reduce -22.6% | 0.01% | −0.01 |
| HSIC Henry Schein Inc. | Reduce -18.6% | 0.02% | −0.01 |
| BALL Ball Corp. | Reduce -19.0% | 0.02% | −0.01 |
| LBTYK Liberty Global Ltd. Class C | Sold out | 0.00% | −0.01 |
| ACI Albertsons Cos Inc. Class A | Reduce -13.7% | 0.02% | −0.01 |
| HOLX Hologic Inc. | Reduce -7.2% | 0.02% | −0.01 |
| HRL Hormel Foods Corp. | Reduce -0.5% | 0.01% | −0.00 |
| SNDK Sandisk Corp. | Reduce -69.0% | 0.01% | −0.00 |
| AKAM Akamai Technologies Inc. | Reduce -13.9% | 0.02% | −0.00 |
| WU Western Union Co. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| AAPL Apple Inc. | Add +107.1% | 3.88% | +1.37 |
| AVGO Broadcom Inc. | Add +125.1% | 2.04% | +0.77 |
| AMAT Applied Materials Inc. | Add +122.4% | 1.24% | +0.71 |
| LRCX Lam Research Corp. | Add +123.1% | 1.26% | +0.69 |
| CAT Caterpillar Inc. | Add +148.6% | 1.10% | +0.65 |
| JNJ Johnson & Johnson | Add +42.0% | 2.45% | +0.62 |
| MPC Marathon Petroleum Corp. | Add +168.6% | 0.88% | +0.61 |
| GILD Gilead Sciences Inc. | Add +70.1% | 1.56% | +0.55 |
| CSCO Cisco Systems Inc. | Add +72.9% | 1.86% | +0.52 |
| XOM Exxon Mobil Corp. | Add +75.9% | 1.00% | +0.49 |
| HD Home Depot Inc. | Add +110.6% | 1.14% | +0.43 |
| GLW Corning Inc. | Add +111.0% | 0.65% | +0.40 |
| LMT Lockheed Martin Corp. | Add +69.5% | 0.99% | +0.40 |
| TGT Target Corp. | Add +112.0% | 0.73% | +0.38 |
| TXN Texas Instruments Inc. | Add +101.4% | 0.75% | +0.34 |
| HWM Howmet Aerospace Inc. | Add +139.0% | 0.63% | +0.33 |
| UNP Union Pacific Corp. | Add +111.7% | 0.76% | +0.33 |
| CVX Chevron Corp. | Add +79.8% | 0.66% | +0.32 |
| GOOGL Alphabet Inc. Class A | Add +70.6% | 1.60% | +0.32 |
| KLAC KLA Corp. | Add +122.8% | 0.58% | +0.31 |
| META Meta Platforms Inc. Class A | Add +112.4% | 0.96% | +0.31 |
| STX Seagate Technology Holdings | Add +108.9% | 0.53% | +0.30 |
| FLTR Vaneck Ig Floating Rate ETF | Add +35.6% | 3.98% | +0.30 |
| LOW Lowe's Cos Inc. | Add +102.1% | 0.82% | +0.30 |
| V Visa Inc. Class A | Add +128.9% | 0.82% | +0.30 |
| AMZN Amazon.com Inc. | Add +107.7% | 0.82% | +0.27 |
| PEP Pepsico Inc. | Add +63.8% | 0.92% | +0.27 |
| AMGN Amgen Inc. | Add +76.7% | 0.76% | +0.26 |
| MRK Merck & Co. Inc. | Add +44.6% | 1.07% | +0.26 |
| NFLX Netflix Inc. | Add +136.9% | 0.53% | +0.26 |
| TJX TJX Companies Inc. | Add +126.3% | 0.54% | +0.25 |
| LYB Lyondellbasell Indu Class A | Add +124.2% | 0.35% | +0.24 |
| CSX CSX Corp. | Add +123.9% | 0.43% | +0.22 |
| MA Mastercard Inc. Class A | Add +130.7% | 0.55% | +0.21 |
| KO The Coca-Cola Co. | Add +58.8% | 0.75% | +0.21 |
| HCA HCA Healthcare Inc. | Add +122.4% | 0.46% | +0.21 |
| ABBV Abbvie Inc. | Add +55.1% | 1.34% | +0.20 |
| LLY Eli Lilly & Co. | Add +85.0% | 0.95% | +0.20 |
| QCOM Qualcomm Inc. | Add +131.3% | 0.71% | +0.20 |
| TER Teradyne Inc. | Add +118.4% | 0.29% | +0.18 |
| INTC Intel Corp. | Add +55.5% | 0.55% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +83.3% | 0.65% | +0.16 |
| NUE Nucor Corp. | Add +134.6% | 0.34% | +0.16 |
| COP Conocophillips | Add +81.2% | 0.31% | +0.16 |
| UPS United Parcel Service Class B | Add +105.9% | 0.39% | +0.15 |
| LNG Cheniere Energy Inc. | Add +129.8% | 0.23% | +0.15 |
| MSFT Microsoft Corp. | Add +93.5% | 0.88% | +0.14 |
| TPR Tapestry Inc. | Add +124.0% | 0.27% | +0.13 |
| ACN Accenture PLC Class A | Add +130.9% | 0.50% | +0.13 |
| VLO Valero Energy Corp. | Add +69.3% | 0.25% | +0.13 |
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 |