The Public Investment Fund, which represents the Kingdom of Saudi Arabia’s interests in a variety of investment fields, including gaming, has pulled its investment from Take-Two Interactive Software.
This was revealed today as the Securities Exchange Commission published the PIF’s Form 13F, which highlighted the removal of Take-Two from the group’s portfolio.
The Public Investment Fund owned a substantial stake in Take-Two, with a value of $2,949,096,725 in 11,414,680 shares.
This follows the fund’s move to acquire Electronic Arts together with Silver Lake and Affinity Partners, and we can certainly wonder whether the two financial actions are connected.
It also comes less than a year before the release of Rockstar’s massively anticipated Grand Theft Auto 6, which has recently been delayed to November 16, 2026.
If you’re wondering, Rockstar is one of the labels belonging to Take-Two Interactive Software, alongside 2K Games and Zynga, so the move to dissolve the investment just before the launch of the next chapter of the GTA franchise is certainly interesting.
This is also a rare case in which the PIF actually reduces its stake in a gaming company, since the fund, via its gaming-related arm Savvy Games Group, has been aggressively expanding in the industry, including related fields like Esports.
It has also been building Qiddiya, a unique megacity in Saudi Arabia dedicated to gaming, esports, and other forms of entertainment, located 45 km from downtown Riyadh. When completed, the city will host 27 main attractions, including 12 branded theme parks, a Six Flags amusement park, the Aquarabia water park, a Dragon Ball theme park, and the motorsports-dedicated Speed Park.
Gaming and esports will have an entire dedicated neighborhood, which will feature multiple arenas capable of seating 73,000 spectators cumulatively, team facilities, boot camps, and over 30 regional headquarters hosting gaming publishers and developers.
