Saudi's sovereign wealth fund reported stakes worth $10.1 billion at the end of the second quarter, slightly higher from around $9.8 billion in direct stakes in blue-chip companies the Fund had disclosed at the end of Q1, as per a regulatory filing. PIF invested nearly $4.7 billion in exchange-traded funds (ETFs) tied to the real estate, utilities, and materials sectors. In the first quarter, PIF had bought $7.7 billion worth of stocks in sectors such as oil, technology, and banks.
