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Jun 11th, 2026
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  1. ===============================================================================
  2. UTAH CORPORATIONS, LDS-AFFILIATED BUSINESSES, AND ENSIGN PEAK HOLDINGS
  3. Compiled June 2026 | Verify time-sensitive figures before relying on them
  4. ===============================================================================
  5.  
  6. Epistemic key:
  7. [V] verified via search
  8. [E] estimate / approximate (esp. private-company & total-wealth figures)
  9. [!] common misconception flagged
  10.  
  11.  
  12. ===============================================================================
  13. UTAH PUBLIC COMPANIES (largest, by market cap, 2026)
  14. ===============================================================================
  15.  
  16. - Extra Space Storage (EXR) -- Salt Lake City -- self-storage REIT -- ~$30.5B [V]
  17. - Zions Bancorporation (ZION) -- Salt Lake City -- banking -- ~$9B [!] NOT church-owned
  18. - HealthEquity (HQY) -- Draper -- HSA fintech -- ~$7B
  19. - Merit Medical Systems (MMSI) -- South Jordan -- medical devices -- ~$4.7B
  20. - SkyWest (SKYW) -- St. George -- regional airline -- ~$3.5B
  21. - Recursion Pharmaceuticals (RXRX) -- Salt Lake City -- AI drug discovery -- ~$1.8B
  22. - PROG Holdings (PRG) -- Draper -- lease-to-own fintech -- ~$1.4B
  23. - Nu Skin (NUS), USANA (USNA), Myriad Genetics (MYGN), Franklin Covey (FC),
  24. Health Catalyst (HCAT), Clarus, Purple, Cricut, Solo Brands, FinWise
  25.  
  26.  
  27. ===============================================================================
  28. SILICON SLOPES TECH
  29. ===============================================================================
  30.  
  31. - Qualtrics -- Provo -- experience management -- PRIVATE (Silver Lake, ~$12.5B)
  32. - Pluralsight -- Draper -- tech education -- PRIVATE (Vista Equity)
  33. - Instructure (Canvas LMS) -- Salt Lake City -- PRIVATE (KKR, ~$4.8B)
  34. - Domo (DOMO) -- American Fork -- business intelligence
  35. - Ancestry -- Lehi -- genealogy/DNA -- PRIVATE (Blackstone)
  36. - Vivint -- Provo -- smart home -- acquired by NRG Energy
  37. - Also: MX, Podium, Weave, Lucid Software, BambooHR, Entrata, Divvy/BILL
  38.  
  39.  
  40. ===============================================================================
  41. DIRECT SALES / MLM (a Utah specialty)
  42. ===============================================================================
  43.  
  44. - doTERRA -- Pleasant Grove -- essential oils -- private -- >$2B [E]
  45. - Nu Skin -- Provo -- beauty -- public (NUS)
  46. - Young Living -- Lehi -- essential oils -- private
  47. - USANA -- West Valley City -- supplements -- public (USNA)
  48. - Nature's Sunshine -- Lehi -- public (NATR)
  49. - 4Life -- Sandy -- private
  50. - LifeVantage (LFVN) -- Lehi
  51. - Younique -- Lehi
  52. - Melaleuca -- Idaho Falls, ID (regional, member-founded; NOT Utah-based)
  53.  
  54.  
  55. ===============================================================================
  56. PRIVATELY HELD / FAMILY-OWNED
  57. ===============================================================================
  58.  
  59. - Larry H. Miller Company -- Sandy -- auto/real estate/sports -- Miller family
  60. (sold dealerships to Asbury ~$3.2B in 2021; kept real estate, Bees, theaters)
  61. - Sinclair Companies -- Salt Lake City -- Holding family
  62. (hotels: Grand America, Little America; ski: Sun Valley, Snowbasin;
  63. sold oil refining to form HF Sinclair)
  64. - Huntsman -- chemicals -- Huntsman family
  65. (corp is public, HUN; family wealth via Huntsman Family Investments)
  66. - C.R. England -- Salt Lake City -- refrigerated trucking -- founded 1920
  67. - Lifetime Products -- Clearfield -- folding tables/kayaks/hoops --
  68. founded 1986 (Barry Mower) -- ~$610M [E]
  69. - Ken Garff Automotive -- Salt Lake City -- 70+ dealerships -- founded 1932
  70. - R.C. Willey -- furniture/appliances -- OWNED BY BERKSHIRE HATHAWAY (since 1995),
  71. run by Child family
  72. - O.C. Tanner -- Salt Lake City -- employee recognition -- founded 1927
  73. - Also: Associated Food Stores (co-op), Clyde Companies/Geneva Rock, MTC,
  74. Cafe Rio, ARUP Labs
  75.  
  76.  
  77. ===============================================================================
  78. OUTDOOR / RECREATION / FIREARMS
  79. ===============================================================================
  80.  
  81. - Black Diamond (Clarus)
  82. - Browning -- Morgan -- firearms
  83. - Christensen Arms -- Gunnison -- firearms
  84. - NordicTrack / iFIT -- Logan
  85. - Cotopaxi, Backcountry, Skullcandy, Goal Zero
  86. - Black Rifle Coffee (BRCC), Liberty Safe (Payson), Vista Outdoor
  87.  
  88.  
  89. ===============================================================================
  90. AEROSPACE / DEFENSE / MANUFACTURING
  91. ===============================================================================
  92.  
  93. - Northrop Grumman -- major Utah presence (acquired Orbital ATK ~$7.8-9.2B, 2018)
  94. - Boeing, L3Harris, BAE -- operations, not HQ
  95. - Autoliv -- airbags
  96. - Huntsman -- chemicals
  97. - Hill Air Force Base -- major employer
  98.  
  99.  
  100. ===============================================================================
  101. LDS CHURCH -- DIRECTLY OWNED (via Deseret Management Corporation)
  102. ===============================================================================
  103.  
  104. - Bonneville International -- radio/TV incl. KSL-TV and KSL NewsRadio
  105. - Deseret News -- Utah's oldest newspaper (1850)
  106. - Deseret Book -- publisher/retail chain (imprints incl. Shadow Mountain)
  107. - Deseret Digital Media -- KSL.com, Utah.com
  108. - Beneficial Financial Group -- insurance, IN RUN-OFF since 2009 (no new policies)
  109. - Temple Square Hospitality -- restaurants/catering/events
  110. - Bonneville Communications (Boncom) -- ad agency
  111.  
  112.  
  113. ===============================================================================
  114. LDS CHURCH -- REAL ESTATE / AGRICULTURE ARMS
  115. ===============================================================================
  116.  
  117. - Property Reserve Inc. -- commercial real estate
  118. - City Creek Reserve -- built City Creek Center mall (SLC, ~$2B)
  119. - AgReserves / Farmland Reserve -- national farmland
  120. (bought ~383,000 FL acres for $565M in 2014)
  121. - Deseret Ranches / Deseret Cattle & Citrus -- ~290,000-acre Florida operation
  122. - Hawaii Reserves -- Oahu land + Polynesian Cultural Center
  123. - Utah Property Management Associates (formerly Zions Securities) --
  124. downtown SLC property
  125. - Ensign Peak Advisors -- the investment arm (see below)
  126.  
  127.  
  128. ===============================================================================
  129. NOT CHURCH-OWNED [!] (commonly confused -- member-founded or independent)
  130. ===============================================================================
  131.  
  132. - Zions Bancorporation (ZION) -- founded by Brigham Young 1873, but CHURCH
  133. DIVESTED IN 1960; now public, owned by Vanguard/BlackRock/State Street
  134. - Nu Skin, doTERRA, Young Living, USANA, Nature's Sunshine -- member-founded
  135. MLMs, not church-owned
  136. - Lifetime Products, Larry H. Miller, Sinclair, Huntsman, Ken Garff, O.C. Tanner
  137. -- member-founded family firms
  138. - Smith's Food & Drug -- Utah-founded, now Kroger-owned
  139.  
  140.  
  141. ===============================================================================
  142. ENSIGN PEAK ADVISORS -- TOP STOCK HOLDINGS
  143. ===============================================================================
  144.  
  145. [V] Latest SEC 13F: period ending 3/31/2026, filed 5/13/2026.
  146. ~$53.67B across 1,708 holdings.
  147.  
  148. - NVIDIA (NVDA) ......... ~$4.0B
  149. - Apple (AAPL) .......... ~$3.0B
  150. - Microsoft (MSFT) ...... ~$2.5B
  151. - Amazon (AMZN) ......... ~$1.8B
  152. - Alphabet (GOOGL) ...... ~$1.8B
  153. - Meta (META) ........... ~$1.4B
  154. - Broadcom (AVGO) ....... ~$1.3B
  155. - JPMorgan (JPM), Mastercard (MA), Eli Lilly (LLY), Tesla (TSLA),
  156. Exxon (XOM), Oracle (ORCL) -- ~$575-890M each
  157. - Then J&J, NextEra, Berkshire B, UnitedHealth, Micron, Walmart, Chevron,
  158. BofA, P&G, Uber, Merck -- ~$300-480M each
  159.  
  160. CAVEATS:
  161. - 13F covers U.S.-listed stocks ONLY -- not bonds, cash, international,
  162. real estate, or private holdings.
  163. - Total church wealth independently estimated at ~$265B (end-2023) by
  164. The Widow's Mite Report. [E]
  165. - The 2023 SEC settlement ($5M total) was over using 13 shell LLCs to
  166. obscure the portfolio.
  167. - Verify exact share/dollar figures against EDGAR directly (CIK 0001454984);
  168. dollar values above are aggregator-derived approximations. [E]
  169.  
  170.  
  171. ===============================================================================
  172. SOURCES TO VERIFY AGAINST
  173. ===============================================================================
  174.  
  175. - SEC EDGAR (Ensign Peak): https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001454984
  176. - 13f.info / WhaleWisdom / stockzoa (aggregators -- convenience only)
  177. - Deseret Management Corporation: deseretmanagement.com
  178. - The Widow's Mite Report (independent analysis of church finances)
  179.  
  180. ===============================================================================
  181.  
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