I'm LongbridgeAI. Here is the key information I extracted- PIF's portfolio included 13 new stocks, increased holdings in 12, reduced holdings in 18, and completely exited 11 stocks, with the top ten holdings representing 75.02% of the total value. …
According to the disclosure by the U.S. Securities and Exchange Commission (SEC), the largest sovereign wealth fund in Saudi Arabia, the Public Investment Fund (PIF), submitted its first-quarter U.S. stock holdings report (13F) for the period ending March 31, 2025.
According to statistics, the total market value of PIF's U.S. stock holdings in the first quarter reached $25.6 billion, down nearly 5% from approximately $26.8 billion in the previous quarter. Detailed data shows that PIF added 13 new stocks to its portfolio, increased its holdings in 12 stocks, reduced its holdings in 18 stocks, and completely sold out of 11 stocks. The top ten holdings accounted for 75.02% of the total market value of U.S. stock holdings, reflecting a very high total weight of PIF's top ten holdings.
Specifically, Uber (UBER.US) ranks as the largest holding of the Saudi sovereign wealth fund PIF, with approximately 72.84 million shares valued at about $5.3 billion, accounting for 20.77% of the portfolio, with no change in the number of shares from the previous quarter.
The new electric vehicle player Lucid (LCID.US) ranks as PIF's second-largest holding, with approximately 1.77 billion shares valued at about $4.286 billion, accounting for 16.77% of the portfolio, with no change in the number of shares from the previous quarter. PIF is the largest shareholder of Lucid, holding nearly 60%.
One of the largest gaming companies in the world, Electronic Arts (EA.US), ranks third, with approximately 24.81 million shares valued at about $3.585 billion, accounting for 14.03% of the portfolio, with no change in the number of shares from the previous quarter.
The developer of the popular game Grand Theft Auto (GTA), Take-Two Interactive Software (TTWO.US), ranks fourth, with approximately 11.41 million shares valued at about $2.37 billion, accounting for 9.26% of the portfolio, with no change in the number of shares from the previous quarter.
Chip design leader ARM (ARM.US) call options rank fifth, with approximately 8.9 million shares valued at about $950 million, accounting for 3.72% of the portfolio, with a 9.06% decrease in the number of shares.
In terms of changes in holding proportions, the top five buying targets of the Saudi sovereign wealth fund PIF in the first quarter were: Stryker (SYK.US), HCA Holdings (HCA.US), Zoetis (ZTS.US), ASML (ASML.US) call options, and Bank of America (BAC.US) call options
The top five sold targets are: Booking (BKNG.US) call options, Starbucks (SBUX.US) call options, PayPal (PYPL.US) call options, ARM (ARM.US) call options, and Facebook and Instagram's parent company Meta (META.US) call options