Summary by Moomoo AI
The Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia, has filed an amendment with the United States Securities and Exchange Commission (SEC) on February 14, 2024, indicating a significant stake in Take-Two Interactive Software, Inc. According to the Schedule 13G filing, the PIF now holds 11,414,680 shares of Take-Two Interactive Software's common stock, which represents 6.7% of the company's total shares outstanding as of October 27, 2023. The filing, which is an amendment number 2, was triggered by an event on December 31, 2023. This stake in the video game company, known for popular titles such as Grand Theft Auto and NBA 2K, marks a substantial investment by the PIF into the entertainment and technology sector.