Public Investment Fund
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Public Investment Fund reported 26 stock positions worth $17.6 billion. Its top holding was Uber Technologies (UBER) at 30.1% of the portfolio, followed by Lucid (LCID, 20.4%) and Electronic Arts (EA, 19.6%). Compared with Q1 2024, it opened 1 new position, added to 2 and reduced 2. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale Cummins (CMI, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- AL AQIQ DISTRICT, RIYADH, T0
- CIK
- 0001767640
- Portfolio Value
- $17.6B (Q2 2024)
- SEC Filing
- 0001011438-24-000458 ↗ filed Aug 14, 2024
Holdings Value
Holdings 26 stocks · $17.6B
| UBER Uber Technologies Inc. | 30.07% | 72,840,541 | $5.3B | No change |
| LCID Lucid Group Inc. | 20.38% | 1,374,700,298 | $3.6B | No change |
| EA Electronic Arts Inc. | 19.63% | 24,807,932 | $3.5B | No change |
| TTWO Take-Two Interactive Softwre | 10.08% | 11,414,680 | $1.8B | No change |
| LIN Linde PLC | 3.01% | 1,208,396 | $530.3M | No change |
| CMI Cummins Inc. | 2.58% | 1,638,985 | $453.9M | Reduce -9.0% |
| META Meta Platforms Inc. Class A | 2.12% | 740,013 | $373.1M | No change |
| PINS Pinterest Inc. Class A | 1.38% | 5,532,193 | $243.8M | No change |
| PDD PDD Holdings Inc. | 1.29% | 1,703,275 | $226.5M | No change |
| APD Air Products & Chemicals Inc. | 1.24% | 843,539 | $217.7M | No change |
| V Visa Inc. Class A | 1.20% | 802,292 | $210.6M | Reduce -11.7% |
| FDX FedEx Corp. | 1.08% | 632,414 | $189.6M | No change |
| AVY Avery Dennison Corp. | 0.81% | 655,056 | $143.2M | No change |
| PLD Prologis Inc. | 0.74% | 1,154,212 | $129.6M | No change |
| WMT Walmart Inc. | 0.73% | 1,905,531 | $129.0M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.66% | 1,610,654 | $116.0M | No change |
| PYPL PayPal Holdings Inc. | 0.58% | 1,759,249 | $102.1M | No change |
| SHOP Shopify Inc. Class A | 0.47% | 1,250,000 | $82.6M | No change |
| AMZN Amazon.com Inc. | 0.37% | 341,161 | $65.9M | New |
| SE Sea Ltd.-ADR | 0.34% | 833,335 | $59.5M | No change |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 0.29% | 354,385 | $50.6M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.28% | 3,802,480 | $49.0M | Add +223.1% |
| ZGN Ermenegildo Zegna NV | 0.25% | 3,710,196 | $43.9M | Add +25.9% |
| BE Bloom Energy Corp. Class A | 0.23% | 3,257,398 | $39.9M | No change |
| MULTIPLAN CORP | 0.11% | 51,250,000 | $19.9M | No change |
| BLDP Ballard Power Systems Inc. | 0.09% | 7,046,900 | $15.9M | No change |
Options reported separately and not counted above: ARM calls ($593.2M), AMD calls ($374.5M), AMZN calls ($296.3M), SBUX calls ($286.2M), PYPL calls ($247.3M), ADBE calls ($235.3M), BKNG calls ($230.6M), MSFT calls ($215.0M), NVDA calls ($196.4M), META calls ($182.5M), GOOGL calls ($142.2M), CRM calls ($120.6M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $184K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 1,148,436 | $184K | No change |
Total filed on the 13F, all lines: $17.6B.
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
Options Activity Q1 2024 → Q2 2024
| AMD Advanced Micro Devices | call | Add +114.3% | 2,308,500 | $374.5M |
| SBUX Starbucks Corp. | call | Reduce -3.6% | 3,676,000 | $286.2M |
| PYPL PayPal Holdings Inc. | call | Add +208.0% | 4,261,900 | $247.3M |
| ADBE Adobe Inc. | call | Reduce -4.3% | 423,500 | $235.3M |
| BKNG Booking Holdings Inc. | call | Reduce -25.1% | 58,200 | $230.6M |
| MSFT Microsoft Corp. | call | Add +40.7% | 481,000 | $215.0M |
| META Meta Platforms Inc. Class A | call | Add +34.9% | 362,000 | $182.5M |
| CRM Salesforce Inc. | call | Reduce -7.5% | 469,100 | $120.6M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $37.9B | SPCX, UBER, EA, LCID, CTEV |
| Q1 2026Amended | 4 | $12.0B | UBER, EA, LCID, CTEV |
| Q4 2025 | 4 | $12.9B | UBER, EA, LCID, CTEV |
| Q3 2025 | 5 | $19.4B | UBER, EA, LCID, TTWO, CTEV |
| Q2 2025 | 14 | $18.1B | UBER, EA, LCID, TTWO, CMI |
| Q1 2025 | 25 | $19.5B | UBER, LCID, EA, TTWO, LIN |
| Q4 2024 | 26 | $19.2B | LCID, UBER, EA, TTWO, CMI |
| Q3 2024 | 26 | $19.5B | UBER, LCID, EA, TTWO, LIN |
| Q2 2024Amended | 26 | $17.6B | UBER, LCID, EA, TTWO, LIN |
| Q1 2024 | 25 | $18.0B | UBER, LCID, EA, TTWO, LIN |