The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP
Address: 900 Hope Way
Investments
Altamonte Springs , FL32714
Form 13F File Number: 028-18108

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Jeff Pearson
Title: Executive Director of Investments
Phone: 407-357-2381
Signature, Place, and Date of Signing:
/s/ Jeff Pearson Altamonte Springs , FL 05-16-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 16
Form 13F Information Table Value Total: 1,555,027
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
GRANITESHARES ETF TR BBG COMMD K 1 38747R108 4,327 134,800 SH SOLE 134,800 0 0
ISHARES GOLD TR SHARES REPRESENT 46436F103 141,929 7,331,100 SH SOLE 7,331,100 0 0
ISHARES TR BROAD USD HIGH 46435U853 141,957 3,653,025 SH SOLE 3,653,025 0 0
ISHARES TR US TREAS BD ETF 46429B267 2,603 104,500 SH SOLE 104,500 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 6,977 218,300 SH SOLE 218,300 0 0
ISHARES TR EXPANDED TECH 464287515 11,849 34,350 SH SOLE 34,350 0 0
ISHARES TR CORE S&P500 ETF 464287200 549,738 1,211,700 SH SOLE 1,211,700 0 0
ISHARES TR CORE MSCI TOTAL 46432F834 374,085 5,618,573 SH SOLE 5,618,573 0 0
ISHARES TR JPMORGAN USD EMG 464288281 208,503 2,132,800 SH SOLE 2,132,800 0 0
J P MORGAN EXCHANGE-TRADED F HIGH YLD RESRCH 46641Q878 1,223 25,000 SH SOLE 25,000 0 0
J P MORGAN EXCHANGE-TRADED F USD EMRNG MKT 46641Q746 14,609 336,000 SH SOLE 336,000 0 0
PREMIER INC CL A 74051N102 81,256 2,283,106 SH SOLE 2,283,106 0 0
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 2,998 56,300 SH SOLE 56,300 0 0
SCHWAB STRATEGIC TR LONG TERM US 808524680 1,239 27,000 SH SOLE 27,000 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870 9,609 158,300 SH SOLE 158,300 0 0
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 2,125 42,900 SH SOLE 42,900 0 0