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Sovereign wealth fund · Saudi Arabia

Public Investment Fund

PIF · established 1971 · pif.gov.sa

Assets under management
$906B

SAR 3.396tn gross AUM · as of 2025-12-31 · fund-reported / official · source · retrieved 2026-09-01

2025 Annual Report (published 2026-08-17); gross AUM FELL SAR 38bn from 3.434tn end-2024 - first decline (Saudi equity falls; project impairments); domestic 76% / intl 20% / treasury 4%; 2025 net profit ~USD 17bn (+152%); NOTE broader consolidated total-assets basis is SAR 4.54tn (~1.21tn) - not comparable; SAR pegged 3.75/USD

Rank #9 in The Sovereign 100 (2026).

Disclosure grade  B  11/16 · edition 2026, rubric v1.0

●●AUM disclosure
Audited financials
Reporting cadence
Holdings detail
Performance
●●Governance
Strategy & allocation
●●Regulatory filings

Publishes AUM and annual report; summary financials (fuller audited accounts via bond disclosures); Vision 2030 strategy public; files 13F.

Filing activity

Most recent verified filing: Q2 2026 Form 13F — $37.9B across 5 positions. EDGAR · filed as PUBLIC INVESTMENT FUND

This is not assets under management. Form 13F covers US-listed equities and certain related instruments only — it excludes fixed income, real estate, direct stakes, private holdings and all non-US listings, and for most institutions it captures a minority of total assets. It is shown because it arrives quarterly, roughly 45 days after each quarter end, while the AUM figure above is annual. It tells you the record is live; it does not restate the ranking.

Corrections & updates

Work at Public Investment Fund — or know these numbers better than we do? Send corrections or newer figures with supporting documents. Verified updates are applied within one business day and credited in a public changelog — institutions that engage are how this record stays accurate.

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Cite as: Capital Almanack, “The Sovereign 100” (2026), capitalalmanack.com/funds/pif.html

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