We are live on ! Find out more
PIF

Public Investment Fund Portfolio holdings

AUM $12B
1-Year Est. Return 0.61%
This Fund
S&P 500
This Quarter Est. Return
+12.44%
1 Year Est. Return
+0.61%
3 Year Est. Return
+24.39%
5 Year Est. Return
-12.46%
10 Year Est. Return
–
AUM
$19.4B
AUM Growth
-$4.44B
Cap. Flow
-$6.49B
Cap. Flow %
-33.5%
Top 10 Hldgs %
100%
Holding
57
New
–
Increased
–
Reduced
1
Closed
51

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
CMI icon
Cummins
CMI
+$359M
2
LIN icon
Linde
LIN
+$205M
3
APD icon
Air Products & Chemicals
APD
+$75.6M
4
ONC
BeOne Medicines Ltd
ONC
+$55M
5
AVY icon
Avery Dennison
AVY
+$40.6M

Sector Composition

Rank Sector Weight
1 Communication Services 41.06%
2 Technology 36.84%
3 Consumer Discretionary 21.75%
4 Healthcare 0.35%
5 Industrials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PLD icon
51
Prologis
PLD
$133B
– –
-2,481
Closed -$261K
SCHW
52
CALL
Charles Schwab
SCHW
$187B
– –
-2,048,700
Closed -$187M
UNH icon
53
CALL
UnitedHealth
UNH
$370B
– –
-992,400
Closed -$310M
V icon
54
CALL
Visa
V
$677B
– –
-196,700
Closed -$69.8M
VRTX icon
55
CALL
Vertex Pharmaceuticals
VRTX
$126B
– –
-427,300
Closed -$190M
WMT icon
56
CALL
Walmart Inc
WMT
$890B
– –
-247,700
Closed -$24.2M
ONC
57
BeOne Medicines Ltd
ONC
$39.4B
– –
-227,177
Closed -$55M
1 2
3

Similar funds

GLA
Great Lakes Advisors Chicago, Illinois $12.1B AUM 29.3% 1-Year Est. Return
LC
Loews Corp New York $11.9B AUM 8.99% 1-Year Est. Return
UE
Unisphere Establishment Vaduz, Liechtenstein $11.9B AUM 6.1% 1-Year Est. Return
PI
PineBridge Investments New York $11.9B AUM 23.42% 1-Year Est. Return
NYLIM
New York Life Investment Management New York $11.8B AUM 23.45% 1-Year Est. Return
HTC
Hershey Trust Company Hershey, Pennsylvania $11.8B AUM 0.75% 1-Year Est. Return
VA
Vident Advisory Alpharetta, Georgia $11.7B AUM 37.32% 1-Year Est. Return
BCI
Brinker Capital Investments Berwyn, Pennsylvania $11.7B AUM 21.33% 1-Year Est. Return

Public Investment Fund's Q3 2025 Portfolio in Review

As of Q3 2025, Public Investment Fund held 57 positions worth $19.4B, down 19% from $23.8B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Public Investment Fund withdrew a net $6.49B in Q3 2025, closing 51 positions and reducing 1 holding. Its most notable exit was Cummins, an estimated $359M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 41% of assets, up from 28% a quarter earlier, followed by Technology and Consumer Discretionary.

  • Public Investment Fund's biggest Q3 2025 reduction was Lucid Motors, cutting an estimated $23.
  • Public Investment Fund fully exited Cummins in Q3 2025, selling an estimated $359M.
  • Public Investment Fund's ten largest holdings make up 100% of its $19.4B portfolio in Q3 2025.
  • Public Investment Fund opened 0 new positions and closed 51 in Q3 2025.
  • Public Investment Fund's portfolio value fell 19% quarter-over-quarter to $19.4B.

Based on Public Investment Fund's 13F filing for Q3 2025, filed 14 Nov 2025.