{"id":88272,"date":"2025-08-18T00:00:00","date_gmt":"2025-08-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/"},"modified":"2025-08-18T00:00:00","modified_gmt":"2025-08-18T00:00:00","slug":"pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/","title":{"rendered":"PIF sells its stake in FedEx as part of US divestment push"},"content":{"rendered":"

The<\/strong> Saudi Public Investment Fund (PIF) has divested all its shares in US-headquartered <\/strong>e-commerce and last-mile delivery giant FedEx<\/strong>, <\/span>Bloomberg<\/a> reported on Thursday. The move saw the PIF offload 498.2k common shares in FedEx as part of a divestment push in some US-listed companies, including Meta, Shopify, PayPal, Alibaba, and Nu Holdings. A <\/span>13F filing<\/a> to the US Securities and Exchange Commission shows that the PIF no longer has shares in these companies.<\/span><\/p>\n

Tariff-induced market volatility drove the PIF to divest these shares<\/strong>, with the sovereign fund\u2019s US portfolio standing at USD 23.8 bn by the end of 2Q, compared to USD 25.5 bn in 1Q, according to Reuters<\/a>.<\/p>\n

REMEMBER-<\/strong> The PIF\u2019s AUM rose 19.3% y-o-y to SAR 3.4 tn<\/a> by the end of 2024, with 82% deployed locally, 17% internationally, and 2% in treasuries. Saudi equity holdings accounted for 36% of AUM, or SAR 1.2 tn, up 11 percentage points y-o-y, making it the only portfolio segment to increase its share of total assets. That aligns with PIF\u2019s strategy to trim overseas exposure<\/a> from 30% to the 18-20% range while doubling down on domestic diversification projects and attracting co-investment from foreign firms in the Kingdom.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tariff-induced market volatility drove the PIF to divest these share, with the PIF\u2019s US portfolio reaching USD 23.8 bn at the end of 2Q compared to USD 25.5 bn in 1Q<\/p>\n","protected":false},"author":1,"featured_media":88273,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[941],"tags":[323,137,263],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-fedex","tag-ma-watch","tag-pif","wpautop","entry"],"acf":{"mongo_id":"cb9c8337-9c1f-4d9c-901c-12866dd142d0","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/1128.jpg","photo_position":"above","homepage_title":"","full_issue_title":"PIF sells its stake in FedEx as part of US divestment push","related_issue":[88267],"teaser":"Tariff-induced market volatility drove the PIF to divest these share, with the PIF\u2019s US portfolio reaching USD 23.8 bn at the end of 2Q compared to USD 25.5 bn in 1Q","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.83c6601d-1d00-4276-b54b-125f9e076a5e.mp3"},"yoast_head":"\nPIF sells its stake in FedEx as part of US divestment push - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIF sells its stake in FedEx as part of US divestment push\" \/>\n<meta property=\"og:description\" content=\"Tariff-induced market volatility drove the PIF to divest these share, with the PIF\u2019s US portfolio reaching USD 23.8 bn at the end of 2Q compared to USD 25.5 bn in 1Q\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PIF sells its stake in FedEx as part of US divestment push\",\"datePublished\":\"2025-08-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\"},\"wordCount\":199,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1\",\"keywords\":[\"FedEx\",\"M&A WATCH\",\"PIF\"],\"articleSection\":[\"M&A Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\",\"name\":\"PIF sells its stake in FedEx as part of US divestment push - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-08-18T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PIF sells its stake in FedEx as part of US divestment push\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PIF sells its stake in FedEx as part of US divestment push - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/","og_locale":"en_US","og_type":"article","og_title":"PIF sells its stake in FedEx as part of US divestment push","og_description":"Tariff-induced market volatility drove the PIF to divest these share, with the PIF\u2019s US portfolio reaching USD 23.8 bn at the end of 2Q compared to USD 25.5 bn in 1Q","og_url":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/","og_site_name":"Logistics","article_published_time":"2025-08-18T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"PIF sells its stake in FedEx as part of US divestment push","datePublished":"2025-08-18T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/"},"wordCount":199,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1","keywords":["FedEx","M&A WATCH","PIF"],"articleSection":["M&A Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/","url":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/","name":"PIF sells its stake in FedEx as part of US divestment push - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1","datePublished":"2025-08-18T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/18\/pif-sells-its-stake-in-fedex-as-part-of-us-divestment-push\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"PIF sells its stake in FedEx as part of US divestment push"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1128.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/88272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=88272"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/88272\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/88267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/88273"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=88272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=88272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=88272"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=88272"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=88272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}