GLOBAL: Saudi sovereign wealth fund Public Investment Fund (PIF)’s holdings of US-traded stocks were down with a market value of about US$18 billion as of the 31st March 2024, from US$35 billion at the end of 2023, according to an analysis of a Form 13F filed with the US Securities and Exchange Commission. Bloomberg reported the PIF exited tech stocks Amazon.com, Microsoft, Salesforce plus financial and travel firms BlackRock, Booking Holdings and Carnival.
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