TREE NEWS reports: Saudi Arabia’s central bank opened new positions in SanDisk and Honeywell and added to its holdings of Nvidia, Apple, Microsoft, Meta Platforms and Amazon in the third quarter. It exited Royal Caribbean, Carnival and IonQ, and trimmed stakes in AerCap and Domino’s Pizza. Micron, Nvidia, Apple, Meta and Microsoft were among its largest holdings.
Saudi Central Bank opens new positions in SanDisk, Honeywell in Q3: 13F
The Saudi central bank's 13F reads less like a macro signal than a large allocator rotating its listed equity book: adding megacap technology while exiting cruise operators and a quantum-computing name. The new SanDisk and Honeywell lines, set against the Micron, Nvidia and other tech names already among its largest holdings, suggest continued appetite for semiconductor and industrial exposure within the disclosed portfolio. What matters is whether these shifts reflect a durable positioning change or routine quarterly rebalancing — the next filing is the open question, and the cruise exits are worth watching against the trimmed AerCap and Domino's stakes.
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