Public Investment Fund Buys Lucid Group Inc, Cummins Inc, Visa Inc

• New Purchases: LCID, CMI, V, PLUG, FDX, WMT, APD, PINS, BGNE, PLD, AVY, PYPL, SHOP, PDD, BLDP, BABA, HYZN, GRUB, FTCH,

For the details of PUBLIC INVESTMENT FUND's stock buys and sells, go to https://www.gurufocus.com/guru/public+investment+fund/current-portfolio/portfolio

1. Lucid Group Inc (LCID) - 1,015,252,523 shares, 59.31% of the total portfolio. New Position
2. Uber Technologies Inc (UBER) - 72,840,541 shares, 7.51% of the total portfolio.
3. Activision Blizzard Inc (ATVI) - 37,870,000 shares, 6.75% of the total portfolio.
4. Utilities Select Sector SPDR ETF (XLU) - 32,986,504 shares, 4.85% of the total portfolio.
5. Electronic Arts Inc (EA) - 14,210,000 shares, 4.65% of the total portfolio.

Public Investment Fund initiated holding in Lucid Group Inc. The purchase prices were between $17.79 and $26.83, with an estimated average price of $22.57. The stock is now traded at around $44.880000. The impact to a portfolio due to this purchase was 59.31%. The holding were 1,015,252,523 shares as of 2021-09-30.

Public Investment Fund initiated holding in Cummins Inc. The purchase prices were between $219.54 and $243.28, with an estimated average price of $234.54. The stock is now traded at around $236.030000. The impact to a portfolio due to this purchase was 0.93%. The holding were 1,800,301 shares as of 2021-09-30.

Public Investment Fund initiated holding in Visa Inc. The purchase prices were between $220.05 and $250.93, with an estimated average price of $234.41. The stock is now traded at around $212.300000. The impact to a portfolio due to this purchase was 0.82%. The holding were 1,607,000 shares as of 2021-09-30.

Public Investment Fund initiated holding in Plug Power Inc. The purchase prices were between $23.76 and $33.31, with an estimated average price of $26.87. The stock is now traded at around $41.820000. The impact to a portfolio due to this purchase was 0.58%. The holding were 9,827,357 shares as of 2021-09-30.

Public Investment Fund initiated holding in FedEx Corp. The purchase prices were between $219.29 and $299.67, with an estimated average price of $271.73. The stock is now traded at around $252.300000. The impact to a portfolio due to this purchase was 0.57%. The holding were 1,127,426 shares as of 2021-09-30.

Public Investment Fund initiated holding in Walmart Inc. The purchase prices were between $139.32 and $151.45, with an estimated average price of $144.54. The stock is now traded at around $146.910000. The impact to a portfolio due to this purchase was 0.53%. The holding were 1,658,000 shares as of 2021-09-30.