Public Investment Fund 13F annual report
Public Investment Fund is an investment fund managing more than $17.5 trillion ran by His Al-rumayyan. There are currently 25 companies in Mr. Al-rumayyan’s portfolio. The largest investments include Uber Technologies Inc and Lucid, together worth $8.88 trillion.
$17.5 trillion Assets Under Management (AUM)
As of 7th August 2024, Public Investment Fund’s top holding is 72,840,541 shares of Uber Technologies Inc currently worth over $5.29 trillion and making up 30.2% of the portfolio value.
Relative to the number of outstanding shares of Uber Technologies Inc, Public Investment Fund owns more than approximately 0.1% of the company.
In addition, the fund holds 1,374,700,298 shares of Lucid worth $3.59 trillion, whose value fell 15.9% in the past six months.
The third-largest holding is Electronic Arts worth $3.46 trillion and the next is Take-two Interactive Softwar worth $1.77 trillion, with 11,414,680 shares owned.
Currently, Public Investment Fund's portfolio is worth at least $17.5 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Public Investment Fund
The Public Investment Fund office and employees reside in Al Aqiq District, Riyadh, Saudi Arabia. According to the last 13-F report filed with the SEC, His Al-rumayyan serves as the Governor at Public Investment Fund.
Recent trades
In the most recent 13F filing, Public Investment Fund revealed that it had opened a new position in
Nu Hldgs Ltd and bought 3,802,480 shares worth $49 billion.
The investment fund also strengthened its position in Pinterest Inc by buying
675,611 additional shares.
This makes their stake in Pinterest Inc total 5,532,193 shares worth $244 billion.
Pinterest Inc soared 13.8% in the past year.
On the other hand, there are companies that Public Investment Fund is getting rid of from its portfolio.
Public Investment Fund closed its position in Activision Blizzard Inc on 14th August 2024.
It sold the previously owned 37,909,164 shares for $3.55 trillion.
His Al-rumayyan also disclosed a decreased stake in Cummins by approximately 0.1%.
This leaves the value of the investment at $454 billion and 1,638,985 shares.
One of the largest hedge funds
The two most similar investment funds to Public Investment Fund are Champlain Investment Partners and Fred Alger Management. They manage $17.5 trillion and $17.4 trillion respectively.
His Al-rumayyan investment strategy
Public Investment Fund’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 34.2% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
68% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $115 billion.
The complete list of Public Investment Fund trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Uber Technologies Inc |
No change
72,840,541
|
$5,294,050,520,000 | 30.18% |
| Lucid Group, Inc. |
No change
1,374,700,298
|
$3,587,967,778,000 | 20.46% |
| Activision Blizzard Inc |
Closed
37,909,164
|
$3,549,435,025,000 | |
| Electronic Arts, Inc. |
No change
24,807,932
|
$3,456,489,166,000 | 19.71% |
| Select Sector Spdr Tr |
Closed
32,986,504
|
$1,943,894,681,000 | |
| Take-two Interactive Softwar |
No change
11,414,680
|
$1,774,868,593,000 | 10.12% |
| Live Nation Entertainment In |
Closed
12,565,167
|
$1,043,411,468,000 | |
| Carnival Corp. |
Closed
50,830,926
|
$697,400,305,000 | |
| Booking Holdings Inc |
Closed
213,478
|
$658,355,478,000 | |
| Costco Whsl Corp New |
Closed
1,036,576
|
$585,623,977,000 | |
| Adobe Inc |
Closed
1,147,300
|
$585,008,270,000 | |
| Microsoft Corporation |
Closed
1,845,511
|
$582,720,098,000 | |
| Starbucks Corp. |
Closed
6,313,301
|
$576,214,982,000 | |
| JPMorgan Chase & Co. |
Closed
3,851,053
|
$558,479,706,000 | |
| Alphabet Inc |
Closed
4,260,000
|
$557,463,600,000 | |
| Salesforce Inc |
Closed
2,650,225
|
$537,412,626,000 | |
| Linde Plc. |
No change
1,208,396
|
$530,256,249,000 | 3.02% |
| Amazon.com Inc. |
Closed
4,067,652
|
$517,079,922,000 | |
| Home Depot, Inc. |
Closed
1,641,981
|
$496,140,979,000 | |
| Advanced Micro Devices Inc. |
Closed
4,702,060
|
$483,465,809,000 | |
| Freeport-McMoRan Inc |
Closed
12,895,465
|
$480,871,890,000 | |
| Blackrock Inc. |
Closed
741,693
|
$479,497,108,000 | |
| Cummins Inc. |
8.96%
1,638,985
|
$453,884,116,000 | 2.59% |
| Datadog Inc |
Closed
4,498,845
|
$409,799,791,000 | |
| Meta Platforms Inc |
77.31%
740,013
|
$373,129,355,000 | 2.13% |
| NextEra Energy Inc |
Closed
6,368,004
|
$364,822,949,000 | |
| Automatic Data Processing In |
Closed
1,481,837
|
$356,500,345,000 | |
| Zoom Video Communications In |
Closed
4,697,677
|
$328,555,529,000 | |
| American Tower Corp. |
Closed
1,892,998
|
$311,303,521,000 | |
| Pinterest Inc |
13.91%
5,532,193
|
$243,803,746,000 | 1.39% |
| PDD Holdings Inc |
No change
1,703,275
|
$226,450,411,000 | 1.29% |
| Air Prods & Chems Inc |
69.31%
843,539
|
$217,675,239,000 | 1.24% |
| Visa Inc |
15.98%
802,292
|
$210,577,581,000 | 1.20% |
| Fedex Corp |
11.99%
632,414
|
$189,623,014,000 | 1.08% |
| Avery Dennison Corp. |
No change
655,056
|
$143,227,994,000 | 0.82% |
| Prologis Inc |
No change
1,154,212
|
$129,629,550,000 | 0.74% |
| Walmart Inc |
141.13%
1,905,531
|
$129,023,504,000 | 0.74% |
| Alibaba Group Hldg Ltd |
10.54%
1,610,654
|
$115,967,088,000 | 0.66% |
| PayPal Holdings Inc |
76.53%
1,759,249
|
$102,089,219,000 | 0.58% |
| Shopify Inc |
No change
1,250,000
|
$82,562,500,000 | 0.47% |
| Novagold Res Inc |
Closed
16,137,695
|
$61,968,749,000 | |
| Sea Ltd |
No change
833,335
|
$59,516,786,000 | 0.34% |
| BeiGene Ltd |
No change
354,385
|
$50,560,108,000 | 0.29% |
| Nu Hldgs Ltd |
Opened
3,802,480
|
$49,013,967,000 | 0.28% |
| Coupang, Inc. |
Closed
2,857,142
|
$48,571,414,000 | |
| Ermenegildo Zegna N V |
71.58%
3,710,196
|
$43,928,721,000 | 0.25% |
| Plug Power Inc |
Closed
5,670,917
|
$43,098,969,000 | |
| Bloom Energy Corp |
205.09%
3,257,398
|
$39,870,552,000 | 0.23% |
| MultiPlan Corporation |
No change
51,250,000
|
$19,905,500,000 | 0.11% |
| Ballard Pwr Sys Inc New |
No change
7,046,900
|
$15,855,525,000 | 0.09% |
| Signa Sports United Nv |
Closed
5,000,000
|
$1,375,500,000 | |
| No transactions found | |||
| Showing first 500 out of 51 holdings | |||
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