13F filer · CIK 1767640 ↗
Public Investment Fund
You are looking at Q3 2021. See the latest, Q2 2026 →
Reported value
$43.80B
+175% on the quarter before
Positions
33
20 new · 0 sold out
Top 10
91.6%
of the value
Est. gain
−$1.48B
on stocks held all quarter
Est. return
−9.3%
on those stocks since Q2 2021
Positions as of Sep 30, 2021, 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 Q2 2021. Striped tiles are options.
Largest buys
Since Q2 2021, 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.
- Lucid Group Inc~$25.77BNew · 0.0% → 58.8%+1,015,252,523 shares
- Cummins~$404.3MNew · 0.0% → 0.9%+1,800,301 shares
- Visa Inc.~$358.0MNew · 0.0% → 0.8%+1,607,000 shares
- Linde Plc~$354.5MNew · 0.0% → 0.8%+1,208,396 shares
- Plug Power Inc~$251.0MNew · 0.0% → 0.6%+9,827,357 shares
- Fedex Corp~$247.2MNew · 0.0% → 0.6%+1,127,426 shares
- Walmart Inc~$231.1MNew · 0.0% → 0.5%+1,658,000 shares
- Air Prods & Chems Inc~$186.3MNew · 0.0% → 0.4%+727,340 shares
- Pinterest Inc~$181.8MNew · 0.0% → 0.4%+3,567,606 shares
- Beigene Ltd~$179.8MNew · 0.0% → 0.4%+495,389 shares
Largest sells
Since Q2 2021, 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 Sep 30, 2021. Changes are in shares against Jun 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lucid Group IncCOM · shares New | 58.8% | $25.77B | — | ||||||||
| UberCOM · shares 0% · price −10.6% | 7.5% | $3.26B | −$387.5M | ||||||||
| Activision Blizzard IncCOM · shares 0% · price −18.9% | 6.7% | $2.93B | −$683.6M | ||||||||
| Select Sector SPDR TrSBI INT-UTILS · shares 0% · price +1.0% | 4.8% | $2.11B | +$21.4M | ||||||||
| Electronic Arts IncCOM · shares 0% · price −1.1% | 4.6% | $2.02B | −$22.5M | ||||||||
| Carnival CorpUNIT 99/99/9999 · shares 0% · price −5.1% | 2.9% | $1.27B | −$68.6M | ||||||||
| Live Nation Entertainment InCOM · shares 0% · price +4.0% | 2.6% | $1.15B | +$44.5M | ||||||||
| Take-Two Interactive SoftwarCOM · shares 0% · price −13.0% | 2.0% | $869.0M | −$129.4M | ||||||||
| CumminsCOM · shares New | 0.92% | $404.3M | — | ||||||||
| Visa Inc.COM CL A · shares New | 0.82% | $358.0M | — | ||||||||
| Linde PlcSHS · shares New | 0.81% | $354.5M | — | ||||||||
| Automatic Data ProcessingCOM · shares 0% · price +0.7% | 0.68% | $296.2M | +$1.9M | ||||||||
| Multiplan CorporationCOM · shares 0% · price −40.9% | 0.66% | $288.5M | −$199.4M | ||||||||
| Plug Power IncCOM NEW · shares New | 0.57% | $251.0M | — | ||||||||
| Fedex CorpCOM · shares New | 0.56% | $247.2M | — | ||||||||
| Walmart IncCOM · shares New | 0.53% | $231.1M | — | ||||||||
| Air Prods & Chems IncCOM · shares New | 0.43% | $186.3M | — | ||||||||
| Pinterest IncCL A · shares New | 0.41% | $181.8M | — | ||||||||
| Beigene LtdSPONSORED ADR · shares New | 0.41% | $179.8M | — | ||||||||
| PrologisCOM · shares New | 0.40% | $176.1M | — | ||||||||
| Avery Dennison CorpCOM · shares New | 0.40% | $175.8M | — | ||||||||
| PayPalCOM · shares New | 0.40% | $173.8M | — | ||||||||
| Shopify IncCL A · shares New | 0.39% | $169.5M | — | ||||||||
| PDD HoldingsSPONSORED ADS · shares New | 0.32% | $139.6M | — | ||||||||
| Ballard Pwr Sys Inc NewCOM · shares New | 0.31% | $136.4M | — | ||||||||
| Total · 33 positions | 100% | $43.80B | −$1.48B |
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 Q2 2021 to Q3 2021: 13 stocks held throughout, down $1.48B (−9.3%).
- Live Nation Entertainment In+$44.5M+4%
- Select Sector SPDR Tr+$21.4M+1%
- Automatic Data Processing+$1.9M+1%
- Compute Health Acquisitin Co+$1.4M+2%
- Carnival Corp−$68.6M−5%
- Take-Two Interactive Softwar−$129.4M−13%
- Multiplan Corporation−$199.4M−41%
- Uber−$387.5M−11%
- Activision Blizzard Inc−$683.6M−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 ↗ |