The Saudi Sovereign Fund is out of US stocks including "dead" in the second term
The Saudi public investment fund is from several shares listed during the second quarter in the United States, including ‘Mita Platfarms’, in a period that saw after fluctuations in the markets as a result of President Donald Trump’s customs policy. An analysis done by “Bloomberg News” to announce the fund in the last “13F” model showed that the fund of a trillion dollar also sold its shares in ‘FedEx Corp’ and ‘Shopify’ (.shopify Inc.). The share of “Meta”, the parent company of “Facebook” and “Instagram”, rose by 28% during the quarter and was one of the largest exits of the fund. The US markets initially withdrew after Trump announced large -scale customs, but quickly recovered to record record levels. The S&B 500 ended the term to more than 10%. The total value of the fund’s portfolio in US equities reached $ 23.8 billion, a 7% decline compared to the first quarter. You may be interested in: Infograph: The assets of the Saudi Sovereign Fund are a trillion dollar, the most prominent shares the fund sold in the second quarter, the company, the change in the number of shares, the price change during the quarter (%) dead (Category A) 667,996-28, Ali Baba 1,610,65-4- FedEx 498,164-6. A) 1.250.000-21 The fund is led by the Saudi Economics Diversification Program known as ‘Vision 2030’, which includes dozens of huge projects such as ‘Neom’ in the northwest of the kingdom. He also made international prominent investments, including ‘Uber Technologies Inc’, ‘Lucid Group Inc’, as well as the two video game ‘Electronic Arts’ (. Electronic Arts Inc.) and ‘Tick-to-Intesty Software’ (Take two interactive software Inc.), which is one of the biggest funds. See also: Infograph: How are the “Saudi Sovereignty” investments spread in Wall Street? The largest shares of the fund in US enterprises The number of shares turns into the number of valuable shares (dollar) ratio (%) of the shares, the price change during the quarter (%) Uber 72,840,541 0 6.8 billion 3.493 28 Electronic Arts 24,807,932 0 3.96 Billion 9.915 11 Lucid 1,770,8884 0.74 11 Lucid 1,770,88884 0.74 11 57.637 13- TECH-TT 11.414.680 0 2.77 billion 6.188 17 COMINS 1.095.578 543.407-58.8 million 0.795 4.5 The box led by the Saudi Kroon Prins Mohammed Bin Salman, the early week Poppies pumped into priority sectors. International investments were 17% of its portfolio, a decrease of about 20% in the previous year, in accordance with a previously announced plan to reduce the part of the world investment, despite the fund’s claim that the absolute dollar value of external transactions will grow.