Logo of PIF
The Public Investment Fund (PIF) increased its holding of US equities from $43.45 billion in Q3 2021 to $55.90 billion in Q4 2021, according to a Securities and Exchange Commission filing.
The Kingdom’s sovereign wealth fund increased its stake in four companies, namely Visa Inc, Pinterest, Farfetch Ltd. and Alibaba.
On the other hand, the fund cut its stake in Beijing Ltd. and ProLogis Inc.
The following table illustrates the fund’s holding of US equities at the end of Q4 2021:
|
PIF Investment Details |
||||||
|
Company |
Holding by end of Q3 2021 (‘000 shares) |
Value by end of Q3 2021 ($ mln) |
Holding by end of Q4 2021 (‘000 shares) |
Value by end of Q4 2021 ($ mln) |
Change (‘000 shares) |
|
|
Activision Blizzard |
37870.00 |
2930.76 |
37870.00 |
2519.49 |
-- |
|
|
Electronic Arts Inc |
14210.00 |
2021.37 |
14210.00 |
1874.29 |
-- |
|
|
Compute Health Acquisition |
7500.00 |
75.08 |
7500.00 |
74.55 |
-- |
|
|
Coupang Inc |
2857.14 |
79.57 |
2857.14 |
83.94 |
-- |
|
|
Take-Two Interactive |
5640.00 |
868.96 |
5640.00 |
1002.34 |
-- |
|
|
MultiPlan W EXP 02/13/202 |
2500.00 |
2.98 |
2500.00 |
3.18 |
-- |
|
|
MultiPlan |
51250.00 |
288.54 |
51250.00 |
227.04 |
-- |
|
|
NovaGold |
16137.70 |
111.03 |
16137.70 |
110.70 |
-- |
|
|
Automatic Data Processing |
1481.84 |
296.25 |
1481.84 |
365.39 |
-- |
|
|
Carnival |
50830.93 |
1271.28 |
50830.93 |
939.86 |
-- |
|
|
Live Nation |
12565.17 |
1145.06 |
12565.17 |
1503.92 |
-- |
|
|
SPDR Utilities Sector |
32986.50 |
2107.18 |
32986.50 |
2361.17 |
-- |
|
|
Uber |
72840.54 |
3263.26 |
72840.54 |
3054.20 |
-- |
|
|
Lucid Group |
1015252.52 |
25767.11 |
1015252.52 |
38630.36 |
-- |
|
|
Cummins Inc |
1800.30 |
404.28 |
1800.30 |
392.72 |
-- |
|
|
Visa Inc |
1607.00 |
357.96 |
1758.78 |
381.15 |
+151.78 |
|
|
Plug Power |
9827.36 |
250.99 |
9827.36 |
277.42 |
-- |
|
|
FedEx Corp |
1127.43 |
247.23 |
1127.43 |
291.59 |
-- |
|
|
Walmart |
1658.00 |
231.09 |
1658.00 |
239.89 |
-- |
|
|
Air Products & Chemicals |
727.34 |
186.28 |
727.34 |
221.30 |
-- |
|
|
|
3567.61 |
181.77 |
4052.16 |
147.29 |
+484.55 |
|
|
Beijing Ltd. |
495.39 |
179.83 |
317.68 |
86.07 |
(177.71) |
|
|
ProLogis |
1403.72 |
176.07 |
814.72 |
137.17 |
(589.00) |
|
|
Avery Dennison Corp |
848.66 |
175.85 |
848.66 |
183.79 |
-- |
|
|
PayPal |
677.73 |
173.75 |
677.73 |
127.81 |
-- |
|
|
Shopify |
125.00 |
169.47 |
125.00 |
172.17 |
-- |
|
|
Pinduoduo |
1539.39 |
139.58 |
1539.39 |
89.75 |
-- |
|
|
Ballard Power Systems |
9709.90 |
136.42 |
9709.90 |
121.96 |
-- |
|
|
Alibaba |
674.75 |
99.90 |
697.07 |
82.80 |
+22.23 |
|
|
Hyzon Motors |
8033.48 |
55.75 |
8033.48 |
52.14 |
-- |
|
|
Just Eat Takeaway.com |
2750.98 |
39.97 |
2750.98 |
29.60 |
-- |
|
|
Farfetch Ltd. |
302.77 |
11.35 |
3314.19 |
110.79 |
+3011.42 |
|
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