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Livermore
Livermore
ZHEN

Public Investment Fund

SEC CIK
0001767640
Latest filing
Aug 14, 2026

The latest 13F from Public Investment Fund covers Q2 2026 (filed Aug 14, 2026): 5 long positions worth $37.9B. The top 10 holdings make up 100.0% of the portfolio, and the largest is Space Exploration Technologies Corp (SPCX) at 69.5%. Livermore has 32 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
1
Est. +$26.3B
Added
0
Reduced
0
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. SPCXSpace Exploration Technologies Corp
    69.5%$26.3BHistory
  2. UBERUber Technologies, Inc
    13.9%$5.26BHistory
  3. EAElectronic Arts Inc.
    13.4%$5.09BHistory
  4. LCIDLucid Group, Inc.
    3.1%$1.18BHistory
  5. CTEVClaritev Corp
    0.1%$43.7MHistory

Share of portfolio

Each position's share of portfolio value

  1. SPCX69.5%
  2. UBER13.9%
  3. EA13.4%
  4. LCID3.1%
  5. CTEV0.1%

Biggest buys

New and added positions, by estimated amount bought

  1. SPCXSpace Exploration Technologies Corp
    +$26.3BNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. SPCXSpace Exploration Technologies Corp
    +69.48 pp0.0% → 69.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

None this quarter.

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

None this quarter.

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$37.9B
+$25.9B (+215.8%) vs. prior quarter
Positions
5
+1 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
0.0%
Q2 2026, one quarter
Average holding period
6.8 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $56.6B (Q4 2021)

Q1 2021: $15.4BQ2 2021: $15.9BQ3 2021: $43.8BQ4 2021: $56.6BQ1 2022: $44.0BQ2 2022: $41.2BQ3 2022: $36.8BQ4 2022: $30.9BQ1 2023: $35.5BQ2 2023: $38.9BQ3 2023: $36.5BQ4 2023: $35.2BQ1 2024: $18.0BQ2 2024: $17.6BQ3 2024: $19.5BQ4 2024: $19.2BQ1 2025: $19.5BQ2 2025: $18.1BQ3 2025: $19.4BQ4 2025: $12.9BQ1 2026: $12.0BQ2 2026: $37.9B
Q1 2021Q2 2026
13F filings of Public Investment Fund by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 20265$37.9BSPCXUBEREAvs. Q1 2026SEC
Q1 2026Aug 14, 2026Amended4$12.0BUBEREALCIDvs. Q4 2025SEC
Q4 2025Feb 17, 20265$12.9BUBEREALCIDvs. Q3 2025SEC
Q3 2025Nov 14, 20256$19.4BUBEREALCIDvs. Q2 2025SEC
Q2 2025Aug 14, 202515$18.1BUBEREALCIDvs. Q1 2025SEC
Q1 2025May 15, 202526$19.5BUBERLCIDEAvs. Q4 2024SEC
Q4 2024Feb 14, 202527$19.2BLCIDUBEREAvs. Q3 2024SEC
Q3 2024Nov 14, 202427$19.5BUBERLCIDEAvs. Q2 2024SEC
Q2 2024Sep 30, 2024Amended27$17.6BUBERLCIDEAvs. Q1 2024SECSEC
Q1 2024May 15, 202426$18.0BUBERLCIDEAvs. Q4 2023SEC
Q4 2023Feb 14, 202450$35.2BLCIDUBEREAvs. Q3 2023SEC
Q3 2023Nov 14, 202352$36.5BLCIDATVIUBERvs. Q2 2023SEC
Q2 2023Aug 14, 202351$38.9BLCIDEAATVIvs. Q1 2023SEC
Q1 2023May 15, 202352$35.5BLCIDATVIEAvs. Q4 2022SEC
Q4 2022Feb 14, 202353$30.9BLCIDATVIState Street Utilities Select Sector SPDR ETFvs. Q3 2022SEC
Q3 2022Nov 14, 202253$36.8BLCIDATVIState Street Utilities Select Sector SPDR ETFvs. Q2 2022SEC
Q2 2022Dec 22, 2022Amended54$41.2BLCIDATVIState Street Utilities Select Sector SPDR ETFvs. Q1 2022SEC
Q1 2022Dec 22, 2022Amended38$44.0BLCIDATVIUBERvs. Q4 2021SEC
Q4 2021Oct 11, 2022Amended36$56.6BLCIDUBERATVIvs. Q3 2021SECSECSEC
Q3 2021Oct 11, 2022Amended33$43.8BLCIDUBERATVIvs. Q2 2021SECSEC
Q2 2021Aug 16, 202113$15.9BUBERATVIState Street Utilities Select Sector SPDR ETFvs. Q1 2021SEC
Q1 2021May 17, 202113$15.4BUBERATVIState Street Utilities Select Sector SPDR ETF–SEC

13D and 13G filings

Companies where Public Investment Fund reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Public Investment Fund owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
TTWOTake Two Interactive Software Inc13G/A6.20%11.4M shares–Feb 7, 20224 filingsDec 31, 2025SEC

Latest filings

27 filings on file made by Public Investment Fund or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Public Investment Fund
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
EAElectronic Arts Inc.Aug 5, 20264:05 PM ETPublic Investment Fund13D/A0.00%0 shares−9.90 ppfrom 9.90%Below 5%Aug 5, 2026SEC
LCIDLucid Group, Inc.Apr 30, 20266:26 PM ETAyar Third Investment Coand 3 others13D/A56.85%281.0M shares−3.92 ppfrom 60.77%Apr 28, 2026SEC
BRF S.A.Common Shares, no par valueJan 5, 202610:49 AM ETPublic Investment Fundand 2 others13D/A0.00%0 shares0.00 ppfrom 0.00%Below 5%Sep 4, 2025SEC
TTWOTake Two Interactive Software IncDec 31, 202511:48 AM ETPublic Investment Fundand 2 others13G/A6.20%11.4M shares–Dec 29, 2025SEC
LCIDLucid Group, Inc.Nov 28, 20253:41 PM ETAyar Third Investment Coand 3 others13D/A60.77%227.8M shares−3.07 ppfrom 63.84%Nov 25, 2025SEC
EAElectronic Arts Inc.Sep 29, 20258:17 AM ETPublic Investment Fund13D9.90%24.8M shares–Sep 25, 2025SEC
BRF S.A.Common Shares, no par valueSep 26, 20254:01 PM ETPublic Investment Fundand 2 others13D/A0.00%0 shares–Below 5%Sep 4, 2025SEC
LCIDLucid Group, Inc.Apr 10, 20255:54 PM ETAyar Third Investment Coand 3 others13D/A63.84%2.26B shares–Apr 8, 2025SEC
LYVLive Nation Entertainment, Inc.Nov 14, 2024Public Investment Fund13G/AOld format–––SEC
TTWOTake Two Interactive Software IncFeb 14, 2024Public Investment Fund13G/AOld format–––SEC
LYVLive Nation Entertainment, Inc.Feb 14, 2024Public Investment Fund13G/AOld format–––SEC
EAElectronic Arts Inc.Feb 14, 2024Public Investment Fund13G/AOld format–––SEC
CTEVClaritev CorpFeb 12, 2024Public Investment Fund13G/AOld format–––SEC
BRF S.A.Sep 21, 2023Public Investment Fund13DOld format–New–SEC
BBLNBabylon Holdings LtdFeb 14, 2023Public Investment Fund13G/AOld format–––SEC
EAElectronic Arts Inc.Feb 14, 2023Public Investment Fund13G/AOld format–––SEC
CCLCarnival Corp Ltd.Feb 14, 2023Public Investment Fund13G/AOld format–––SEC
TTWOTake Two Interactive Software IncFeb 14, 2023Public Investment Fund13G/AOld format–––SEC
Compute Health Acquisition Corp.Feb 14, 2023Public Investment Fund13G/AOld format–––SEC
BBLNBabylon Holdings LtdNov 14, 2022Public Investment Fund13G/AOld format–––SEC