PIF reduces holding of US equities in Q4 2022

Details of PIF Investments in US Market

Company

Stake by end of Q3 2022

(‘000 shares)

Value by end of Q3 2022

($ mln)

Stake by end of Q4 2022

(‘000 shares)

Value by end of Q4 2022

($ mln)

Change

(‘000 shares)

Lucid Group

1,015,252.52

14183.08

1,109,006.60

7,574.52

+ 93,754.08

Activision Blizzard

37,870.00

2815.26

37,909.16

2,901.95

+ 39.16

Utilities Select Sector SPDR

32,986.50

2160.95

32,986.50

2,325.55

--

Electronic Arts

16,011.84

1852.73

16,011.84

1,956.33

--

Uber

72,840.54

1930.27

72,840.54

1,801.35

--

Take-Two Interactive

11,414.68

1244.20

11,414.68

1,188.61

--

Live Nation

12,565.17

955.46

12,565.17

876.29

--

Air Products

2,685.33

624.95

2,685.33

827.78

--

PayPal

7,058.41

607.52

7,058.41

502.70

--

Meta Platforms

3,262.07

442.60

3,262.07

392.56

--

Carnival

50,830.93

357.34

50,830.93

409.70

-- 

CUMMINS Inc

1,800.30

366.38

1,800.30

436.19

--

Automatic Data Processing

1,481.84

335.18

1,481.84

353.95

--

MultiPlan

51,250.00

146.58

51,250.00

58.94

--

Fedex Corp.

1,127.43

167.39

1,127.43

195.27

--

Visa Inc.

1,101.27

195.64

1,101.27

228.80

--

Avery Dennison Corp.

848.66

138.08

848.66

153.61

--

Alibaba Group

1,035.68

82.84

1,035.68

91.23

--

Walmart

790.24

102.49

790.24

112.05

-- 

PROLOGIS

814.72

82.78

814.72

91.84

--

Pinduoduo Inc

1,539.39

96.34

1,539.39

125.54

--

Plug Power

5,670.92

119.15

5,670.92

70.15

--

NovaGold

16,137.70

75.69

16,137.70

96.50

--

Compute Health Acquisition

7,500.00

73.95

1,875.00

0.21

(5,625.00)

Pinterest Inc.

4,052.16

94.42

4,052.16

98.39

--

Ballard Power Systems Inc.

9,709.90

59.43

9,709.90

46.51

--

Beigene Ltd.

317.69

42.83

317.69

69.87

--

Carnival NOTE 5.750% 4/0

40,000.00

40.26

40,000.00

40.33

--

Shopify

1,250.00

33.68

1,250.00

43.39

--

Coupang Inc.

2,857.14

47.63

2,857.14

42.03

--

Babylon

35,410.79

16.73

3,030.79

20.46

(32,380.00)

Signa Sports United

5,000.00

28.70

5,000.00

24.55

--

Farfetch

3,314.20

24.69

2,104.36

9.95

(1,209.84)

Adobe Inc.

1,147.30

315.74

1,147.30

386.10

--

Zoom Video Communications

4,697.68

345.70

4,697.68

318.22

--

COSTCO

1,036.58

489.54

1,036.58

473.20

--

NextEra Energy

6,368.00

499.32

6,368.00

532.37

--

American Tower Corp.

1,893.00

406.43

1,893.00

401.05

--

Starbucks

6,313.30

531.96

6,313.30

626.28

--

Microsoft

1,845.51

429.82

1,845.51

442.59

--

Alphabet

4,260.00

407.47

4,260.00

375.86

--

The Home Depot

1,641.98

453.09

1,641.98

518.64

--

BlackRock

741.69

408.14

741.69

525.59

--

Salesforce Inc.

2,650.22

381.21

2,650.23

351.39

+ 0.01

JPMorgan Chase & Co.

3,851.05

402.44

3,851.05

516.43

--

Amazon

4,067.65

459.64

4,067.65

341.68

--

Datadog

4,498.85

399.41

4,498.85

330.67

--

Advanced Micro Devices

4,702.06

297.92

4,702.06

304.55

--

Freeport-McMoRan

12,895.47

352.43

12,895.47

490.03

--

Booking Holding

213.48

350.79

213.48

430.22

--

CLTD

239.44

13.42

239.44

12.46

--

Multi Plan

W EXP 02/13/202

2,500.00

0.60

2,500.00

0.13

--

Linde PLC

1,208.40

325.77

1,208.40

394.15

--