1y return−13.7%S&P 500 +20.9%
3y return−3.3%S&P 500 +68.5%
5y return−46.0%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2018: $58 against $299 in the S&P 500.2
Public Investment FundS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPCXSpace Exploration Techn Corp | $26.3B | 69.5% | New |
| UBERUber Technologies Inc | $5.3B | 13.9% | |
| Electronic Arts IncCUSIP 285512109 | $5.1B | 13.4% | |
| LCIDLucid Group Inc | $1.2B | 3.1% | |
| CTEVClaritev Corporation | $43.7M | 0.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CTEVClaritev Corporation | September 30, 2024 | +346.5% | $43.7M |
| UBERUber Technologies Inc | June 30, 2020 | +132.2% | $5.3B |
| Electronic Arts IncCUSIP 285512109 | December 31, 2020 | +42.8% | $5.1B |
| LCIDLucid Group Inc | September 30, 2025 | −71.9% | $1.2B |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −3.6% | +14.8% |
| March 31, 2026 | −7.3% | −4.6% |
| December 31, 2025 | −18.1% | +2.4% |
| September 30, 2025 | +17.8% | +7.8% |
| June 30, 2025 | +10.3% | +10.5% |
| March 31, 2025 | +0.9% | −4.6% |
| December 31, 2024 | −7.3% | +2.1% |
| September 30, 2024 | +10.5% | +5.4% |
| June 30, 2024 | −2.3% | +4.0% |
| March 31, 2024 | +0.9% | +10.0% |
| December 31, 2023 | +6.5% | +11.2% |
| September 30, 2023 | −6.4% | −3.6% |
| June 30, 2023 | +4.5% | +8.3% |
| March 31, 2023 | +11.4% | +7.0% |
| December 31, 2022 | −17.5% | +7.1% |
| September 30, 2022 | −10.6% | −5.3% |
| June 30, 2022 | −26.7% | −16.5% |
| March 31, 2022 | −23.8% | −4.9% |
| December 31, 2021 | +28.7% | +10.7% |
| September 30, 2021 | −9.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Public Investment Fund Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1767640&type=13F-HR&dateb=&owner=include&count=40CIK 1767640
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1767640/000101143826000537/Filed August 14, 2026 · accession 0001011438-26-000537