Saudi Arabia’s Public Investment Fund (PIF) sharply reduces its US-listed 13F portfolio value from $19.37 billion to $12.95 billion in the fourth quarter of 2025.
Key Portfolio Shifts
Uber Technologies holds steady as the top position, accounting for nearly 46% of the total portfolio. The fund maintains its stake without adjustments.
Major Exits and Concentrations
PIF fully exits Take-Two Interactive following substantial prior builds, offloading shares valued between $227 million and $265 million.
Uber Technologies, Electronic Arts, and Lucid Group now dominate, comprising almost the entirety of the 13F disclosures.
Ongoing Monitoring
Quarterly reviews reveal PIF’s strategic adjustments in US equities, highlighting a concentrated focus on select technology and gaming firms.
