Saudi Arabia's PIF Transfers GTA Publisher Take-Two Interactive Stake to Savvy Games Group

Saudi Arabia's Public Investment Fund has moved its stake in Take-Two Interactive to its gaming subsidiary, Savvy Games Group.

The transfer was confirmed through a regulatory filing (reported by Reuters).

The PIF was no less than Take-Two's second-largest shareholder before this move. According to data from LSEG, the fund held around 11 million shares in the company, valued at just under $3 billion.

Now, all of that sits under Savvy Games Group, which is a wholly owned subsidiary of the PIF built specifically to handle the Kingdom's ambitions in interactive entertainment.

Take-Two is the publisher behind some of the biggest names in gaming. Grand Theft Auto (GTA), Red Dead Redemption, NBA 2K, and Borderlands all fall under its umbrella. It also owns Zynga, which gives it a strong foothold in the mobile gaming market too.

This is not an isolated move. As reported by Pocketgamer, the PIF had already announced plans last month to transfer around $12 billion worth of gaming-related shares to Savvy. This includes stakes in Nintendo, Bandai Namco Holdings, Koei Tecmo, NCSoft, Nexon, and Square Enix.

The PIF, along with other investors, agreed last year to acquire Electronic Arts in a massive $55 billion deal. That acquisition is expected to close later in 2026.