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Saudi Sovereign Wealth Fund PIF Sells All of Its Shrs in Alibaba/ Meta/ Others Last Quarter
Recommend 19 Positive 36 Negative 16 |
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The Saudi Arabian sovereign wealth fund PIF sold off all its shares in Meta (META.US), Shopify (SHOP.US), PayPal (PYPL.US), Alibaba Group Holding (BABA.US), Nu (NU.US) and FedEx (FDX.US) during 2Q25, according to regulatory filings. The total exposure of PIF to US equities amounted to US$23.8 billion at the end of 2Q25, lower than US$25.5 billion at the end of 1Q25. AASTOCKS Financial News Website: www.aastocks.com |
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