Saudi Arabia’s Public Investment Fund Holds Steady in Major U.S. Direct Equity Holdings for June 30, 2023

Posted on 08/15/2023

Saudi Arabia’s Public Investment Fund (PIF) submitted their required holding disclosures in listed equities to the SEC for the period of June 30, 2023. There were less changes compared to previous quarters. PIF held its positions in many direct listed equities in the U.S. In the June quarter, PIF sold out of Babylon Holdings Limited. In late June 2023, Babylon Holdings Limited agreed to be acquired by AlbaCore Capital and MindMaze Group. PIF held 3.030789 million shares in Babylon in March 31, 2023.

PIF also earlier reported an increase of 265,693,703 more shares being held in Lucid Group Inc.

PIF also had an increased share count of 45,544 shares in Air Products and Chemicals, Inc. to a total amount of 2,748,347 shares and holding an increase of 421,425 shares in Alibaba Group Holding Limited for a new total of 1,457,101 shares.

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