AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Saudi Arabia's Sovereign Fund Exits Alibaba, FedEx, and Shopify in Q2
ByAinvest
Saturday, Aug 16, 2025 5:18 am ET1min read
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has exited stakes in Alibaba, FedEx, and Shopify as part of its Q2 moves. The PIF disclosed the information in its latest quarterly report.
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has exited its stakes in Alibaba Group, FedEx, and Shopify as part of its Q2 moves. The PIF disclosed the information in its latest quarterly report.The PIF, one of the world's largest sovereign wealth funds, sold its stakes in these companies during the second quarter of 2025. The fund no longer holds any shares in Meta Platforms, Shopify, PayPal, Alibaba, Nu Holdings, and FedEx, according to its 13F filings [1].
The total value of the fund's U.S. equity holdings declined by $1.7 billion to $23.8 billion at the end of June. This move reflects a broader reduction in the fund's exposure to U.S.-listed equities [2].
While the PIF sold off these major positions, it maintained its substantial, long-term conviction bets in other areas. The fund's largest holdings remain concentrated in mobility and gaming, with massive stakes in Uber, electric vehicle maker Lucid Motors, and video game company Electronic Arts still forming the core of its public equity portfolio [2].
The series of exits suggest a strategic pivot by the influential state-owned investor, likely reflecting a more cautious outlook on the growth prospects for certain technology and e-commerce companies. The move to cash out of these widely-held names indicates a significant portfolio re-evaluation by one of the market's most-watched players [2].
References:
[1] https://www.reuters.com/world/middle-east/saudi-wealth-fund-sold-its-stakes-meta-shopify-paypal-q2-2025-08-14/
[2] https://sherepricetarget.com/saudi-wealth-fund-sells-off-alibaba-baba-fedex-fdx-and-shopify-shop-stakes-in-major-q2-pullback/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet