13F filer · CIK 1767640 ↗
Public Investment Fund
You are looking at Q4 2020. See the latest, Q2 2026 →
Reported value
$12.77B
+81% on the quarter before
Positions
12
5 new · 0 sold out
Top 10
98.7%
of the value
Est. gain
+$2.00B
on stocks held all quarter
Est. return
+28.4%
on those stocks since Q3 2020
Positions as of Dec 31, 2020, from Public Investment Fund's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2020. Striped tiles are options.
Largest buys
Since Q3 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Activision Blizzard Inc~$1.39BNew · 0.0% → 10.9%+14,964,119 shares
- Electronic Arts Inc~$1.07BNew · 0.0% → 8.3%+7,420,184 shares
- Take-Two Interactive Softwar~$825.5MNew · 0.0% → 6.5%+3,972,984 shares
- Multiplan Corporation~$409.5MNew · 0.0% → 3.2%+51,250,000 shares
- Novagold Res Inc~$30.3MAdded · 2.2% → 1.2%+3,137,084 shares
- Multiplan Corporation~$3.8MNew · 0.0% → 0.0%+2,500,000 shares
Largest sells
Since Q3 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
No sales this quarter.
Holdings
As of Dec 31, 2020. Changes are in shares against Sep 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| UberCOM · shares 0% · price +39.8% | 29.1% | $3.71B | +$1.06B | ||||||||
| Select Sector SPDR TrSBI INT-UTILS · shares 0% · price +5.6% | 16.2% | $2.07B | +$109.5M | ||||||||
| Activision Blizzard IncCOM · shares New | 10.9% | $1.39B | — | ||||||||
| Carnival CorpUNIT 99/99/9999 · shares 0% · price +42.7% | 8.6% | $1.10B | +$329.4M | ||||||||
| Electronic Arts IncCOM · shares New | 8.3% | $1.07B | — | ||||||||
| Live Nation Entertainment InCOM · shares 0% · price +36.4% | 7.2% | $923.3M | +$246.3M | ||||||||
| Suncor Energy Inc NewCOM · shares 0% · price +37.2% | 6.7% | $855.4M | +$231.9M | ||||||||
| Take-Two Interactive SoftwarCOM · shares New | 6.5% | $825.5M | — | ||||||||
| Multiplan CorporationCOM · shares New | 3.2% | $409.5M | — | ||||||||
| Automatic Data ProcessingCOM · shares 0% · price +26.3% | 2.0% | $261.1M | +$54.4M | ||||||||
| Novagold Res IncCOM NEW · shares +24% · price −18.7% | 1.2% | $156.1M | −$28.9M | ||||||||
| Multiplan Corporation*W EXP 02/13/202 · shares New | 0.03% | $3.8M | — | ||||||||
| Total · 12 positions | 100% | $12.77B | +$2.00B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2020 to Q4 2020: 7 stocks held throughout, up $2.00B (+28.4%).
- Uber+$1.06B+40%
- Carnival Corp+$329.4M+43%
- Live Nation Entertainment In+$246.3M+36%
- Suncor Energy Inc New+$231.9M+37%
- Select Sector SPDR Tr+$109.5M+6%
- Novagold Res Inc−$28.9M−19%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $37.91B+216% | SEC ↗ |
| Q1 2026 | Aug 14, 2026 (amended) | $12.01B−7% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $12.95B−33% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $19.37B−19% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $23.81B−7% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $25.55B−5% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $26.77B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $26.75B+29% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 (amended) | $20.73B+1% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $20.55B−42% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $35.24B−3% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $36.48B−6% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $38.93B+10% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $35.52B+15% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $30.94B−16% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $36.82B−11% | SEC ↗ |
| Q2 2022 | Dec 22, 2022 (amended) | $41.16B−6% | SEC ↗ |
| Q1 2022 | Dec 22, 2022 (amended) | $43.96B−22% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 (amended) | $56.65B+29% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 (amended) | $43.80B+175% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $15.94B+3% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $15.45B+21% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 (amended) | $12.77B+81% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $7.05B−30% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $10.12B+4% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $9.78B+348% | SEC ↗ |
| Q4 2019 | Feb 4, 2020 | $2.18B−48% | SEC ↗ |
| Q3 2019 | Oct 21, 2019 | $4.21B−19% | SEC ↗ |
| Q2 2019 | Aug 6, 2019 | $5.23B+126% | SEC ↗ |
| Q1 2019 | May 13, 2019 | $2.32B−16% | SEC ↗ |
| Q4 2018 | Feb 13, 2019 | $2.75B | SEC ↗ |