17 Nov 2025

Major Move from Saudi Arabia’s PIF — Right Before a White House Visit

Saudi Arabia’s Public Investment Fund (PIF) just made a big statement. In Q3, the near-$1 trillion sovereign wealth fund fully exited nine US-listed companies — including names like Visa and Pinterest — cutting its exposure to US equities by 18%. Yet PIF still holds $19.4B across six US-listed giants, including Uber and Take-Two Interactive. For context? Its US equity holdings once peaked at $56B in late 2021. And then there’s the gaming play. 🎮 PIF has kept its stake in Electronic Arts — but that will soon shift off the US-listed books once the $55B take-private mega-deal closes. It’s the largest leveraged buyout in history. PIF is leading the consortium alongside Silver Lake Capital and Jared Kushner, with PIF writing the biggest equity check — positioning it as EA’s majority owner. This is just the latest move in a fast-growing gaming investment spree driven by Crown Prince Mohammed bin Salman’s personal interest in the sector. All of this lands right before the crown prince’s highly anticipated visit to the White House on Tuesday, where he is expected to meet President Trump and sign a series of major defence and trade agreements. 💬 Big question: Is this a strategic portfolio rebalance? A geopolitical signal? Or the beginning of a new investment era focused on entertainment, gaming, and national digital transformation? What’s your read on this move? Source: FT https://lnkd.in/e69yETNc

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