13F Insight
DOSSIER · 13F-HR · Q2 2026

PUBLIC INVESTMENT FUND

$37.9B in tracked AUM across 5 positions as of Q2 2026.

PI
CIK 0001767640 · last filed Jun 30, 2026
Total AUM
$37.9B
as of Q2 2026
Holdings
5
—
positions
Whale Score
81
81
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

The Public Investment Fund (PIF) has undergone a radical transformation of its US equity portfolio during the quarter ending September 30, 2025. The total portfolio value plummeted by 69.7%, contracting from $23.81 billion to $7.20 billion. This reduction was driven primarily by a massive divestment strategy rather than broad market depreciation, as the fund reduced the number of holdings from 51 to just 3. Consequently, the portfolio has shifted from a divers...

Key Holdings

The portfolio is currently characterized by an extreme concentration in Uber Technologies, Inc., which constitutes 99.06% of the total value, holding 72.84 million shares worth approximately $7.14 billion. This position is a "mega-hold," implying that Uber is a core strategic long-term investment for PIF. The remaining holdings are negligible in comparison. Claritev Corporation accounts for 0.94% ($68.01 million), and Allurion Technologies Inc represents a rounding error at 0.00% ($31,010). The lack of diversification suggests that PIF views Uber as a standalone strategic bet or that the other positions are remnants of a portfolio wind-down that have not yet been fully liquidated.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
SPCX
SPACE EXPLORATION TECHN CORP
$26.3B154.1M69.5%02
UBER
UBER TECHNOLOGIES INC
$5.3B72.8M13.9%03
EA
ELECTRONIC ARTS INC
$5.1B24.8M13.4%04
LCID
LUCID GROUP INC
$1.2B177.1M3.1%05
CTEV
CLARITEV CORPORATION
$44M1.3M0.1%

Filing history

2026Q2Jun 30
$37.9B▲ 215.8%
5 positionsView →2026Q1Mar 31
$12.0B▼ 7.3%
4 positionsView →2025Q4Dec 31
$12.9B▲ 79.7%
5 positionsView →2025Q3Sep 30
$7.2B▼ 69.7%
3 positionsView →2025Q2Jun 30
$23.8B▼ 6.8%
57 positionsLocked2025Q1Mar 31
$25.6B▼ 4.6%
64 positionsLocked2024Q4Dec 31
$26.8B▲ 0.1%
62 positionsLocked2024Q3Sep 30
$26.7B▲ 29.5%
54 positionsLocked2024Q2Jun 30
$20.7B▲ 0.5%
38 positionsLocked2024Q1Mar 31
$20.6B▼ 41.7%
38 positionsLocked2023Q4Dec 31
$35.2B▼ 3.4%
50 positionsLocked2023Q3Sep 30
$36.5B▼ 6.3%
52 positionsLocked
Showing 12 of 31