Saudi AUMs reach SAR 1.36T in Q2 2026; 5 firms make up 60%

The total assets under management (AUMs) held by capital market institutions in Saudi Arabia reached approximately SAR 1.36 trillion by the end of Q2 2026.

SNB Capital topped the list of capital market institutions by AUMs as of June 30, 2026, with nearly SAR 303.6 billion, accounting for 22% of total assets, according to a recent Capital Market Authority (CMA) report.

Al Rajhi Capital ranked second with around SAR 181.5 billion, representing 13% of total AUMs, followed by Alinma Capital with SAR 128.6 billion, or 9% of the total. Jadwa Investment and Riyad Capital came in next, each with a 7% share.

The data indicated a relative concentration in the market, with the top five firms accounting for 60% of total AUMs. The remaining share is distributed among a large number of institutions, including Albilad Capital, Alistithmar Capital, and SAB Invest, as well as other local and global firms.

AUMs in the Saudi capital market grew by 6% in Q2 2026, equivalent to SAR 74.5 billion compared to the previous quarter.

Private funds accounted for the largest share of AUMs in the Saudi Arabian capital market during Q2 2026, reaching SAR 755.7 billion and representing 55% of total AUMs.

Discretionary managed portfolios (DPMs) ranked second at SAR 363.7 billion, while public funds totaled around SAR 245.5 billion.

Data trends since the beginning of 2023 showed a significant uptick in private funds’ AUMs, which surged from SAR 367.1 billion in Q1 2023, while public funds recorded steady growth from SAR 116 billion.