The Saudi Public Investment Fund transferred its 11,414,680-share Take-Two Interactive position to its Savvy Games subsidiary and reported only one change in Q4. Its top five investments at quarter end were Uber Technologies ($5.95 billion, 46%), Electronic Arts ($5.07 billion, 39%), Lucid Group ($1.87 billion, 15%), Claritev Corporation ($54.77 million, 0.4%) and Allurion Technologies warrants ($17 million, 0%). On February 17, Lucid Group shares declined alongside a 7.11% slump in Rivian stock as investors weighed execution risks surrounding new model launches. The pullback highlights heightened scrutiny across major EV manufacturers as they approach critical production and profitability milestones. Lucid Group’s $1.87 billion position represents the fund’s third-largest stake and a significant 15% allocation of total assets. This sizeable commitment underscores PIF’s confidence in Lucid’s electric vehicle strategy and growth potential.