Saudi Arabia’s Public Investment Fund (PIF) sharply reduced its US-listed stock portfolio tracked in 13F filings, dropping the value from $19.37 billion to $12.95 billion during the fourth quarter of 2025.
Portfolio Overview
Uber Technologies continues to dominate as the largest holding, representing about 46% of the portfolio. The fund maintained its position in Uber without changes.
Key Exits and Shifts
PIF fully exited its stake in Take-Two Interactive following prior accumulations. The fund sold shares in a price range of approximately $227 to $265.
The portfolio now centers on a few key names. Uber Technologies, Electronic Arts, and Lucid Group together comprise nearly the entire 13F holdings.
Ongoing Monitoring
This update highlights the latest adjustments in PIF’s US equity investments, reflecting strategic shifts in the sovereign wealth fund’s allocations.
