GTA 6 Momentum Builds: Saudi PIF Moves Take-Two Stake To Gaming Subsidiary Ahead Of 2026 Launch

Core Insights - The Saudi Arabia's Public Investment Fund (PIF) made a significant portfolio change in the fourth quarter by divesting its entire position of 11,414,680 shares in Take-Two Interactive (TTWO), which constituted 15% of the fund's assets [1][2] Group 1: Portfolio Changes - PIF transferred its TTWO stock position to Savvy Games Group, a subsidiary of PIF that holds stakes in various video game companies, including Niantic, Embracer, and Scopely [2] - This divestment comes as PIF is one of the largest shareholders in Take-Two, ahead of the anticipated release of the highly awaited video game "GTA 6" [2] Group 2: Top Investments - As of the end of the fourth quarter, PIF's portfolio is heavily weighted in Uber, Electronic Arts (EA), and Lucid Motors [3]