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Sovereign wealth funds: USD 100 billion to 1 trillion

Our size pages group funds into four bands: over US$100bn, US$10bn to US$100bn, US$1bn to US$10bn, and under US$1bn. Of the 166 operating funds that have a comparable size figure, 28 sit in the top band, 49 in the second, 56 in the third and 33 in the smallest, using the headline figure shown in each profile.

Please read these bands with care. A fund's band depends on the figure we show, and figures come from different sources: 134 entities have a figure from the fund's own reports or audited accounts, and 33 have a press report or an estimate. Another 64 have no comparable figure. Some figures are portfolio values, some are group balance sheets, and some are converted from local currency on a stated date.

That is why every row shows its basis and date, and why we never publish a total for a band. If a fund sits near the line between two bands, a different source could move it.

USD 100 billion to 1 trillion (22)

22 shown
FundCountryTypeSize, as publishedTransparencyFounded
Public Investment Fund (PIF)Saudi Arabia
Middle East
Strategic development fundSAR 3,396B
Assets under management,
8.01971
Danantara IndonesiaIndonesia
Asia
State holding companyAbout USD 900B to USD 1T (unaudited) Estimate
Published estimate,
4.02025
Canada Pension Plan Investment BoardCanada
North America
Pension reserve fundC$863.6B
Net assets or equity,
10.01997
Qatar Investment Authority (QIA)Qatar
Middle East
Savings and future generations fundAbout USD 580B Estimate
Published estimate,
4.02005
Hong Kong Monetary Authority Exchange FundHong Kong SAR, China
Asia
Reserve investment corporationHKD 4,463.6B
Total assets (balance sheet),
8.01935
National Council for Social Security Fund (NSSF)China
Asia
Pension reserve fundRMB 3,808B
Total assets (balance sheet),
8.02000
SAMA Foreign HoldingsSaudi Arabia
Middle East
Reserve investment corporationSAR 1,827B
Total assets (balance sheet)
5.51952
Investment Corporation of Dubai (ICD)United Arab Emirates (Dubai)
Middle East
State holding companyAED 1,680B
Total assets (balance sheet),
8.02006
Turkiye Wealth Fund (TWF)Turkiye
Europe
State holding companyTRY 18,997B
Total assets (balance sheet),
7.02016
Temasek HoldingsSingapore
Asia
State holding companyS$518B
Portfolio value,
10.01974
Mubadala Investment CompanyUnited Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundAED 1,414B
Assets under management,
9.02002
ADQ and L'IMAD HoldingUnited Arab Emirates (Abu Dhabi)
Middle East
State holding companyAED 996.8B
Total assets (balance sheet),
7.02018
Korea Investment CorporationSouth Korea
Asia
Reserve investment corporationUSD 232.0B
Assets under management,
8.52005
Future Fund (Australia)Australia
Australia and Pacific
Pension reserve fundA$289.7B
Net assets or equity,
9.02006
National Development Fund of Iran (NDFI)Iran
Middle East
Strategic development fundAbout USD 195B (stated, unaudited)
Total assets (balance sheet),
3.52011
National Wealth Fund of the Russian FederationRussia
Europe
Stabilisation fundRUB 13,194.9B
Fund market value,
8.52008
XRG, ADNOC international investment company (Abu Dhabi)United Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundUSD 150B+ Estimate
Published estimate
4.02024
Dubai HoldingUnited Arab Emirates (Dubai)
Middle East
State holding companyAED 500B
Assets under management
4.52004
BpifranceFrance
Europe
Strategic development fundEUR 106.3B
Total assets (balance sheet),
9.02012
Emirates Investment Authority (EIA)United Arab Emirates
Middle East
Savings and future generations fundAbout USD 116B Estimate
Published estimate,
3.52007
LunateUnited Arab Emirates (Abu Dhabi)
Middle East
Fund of funds or co-investment platformMore than USD 115B
Assets under management,
4.02023
National Development Fund (NDF)Saudi Arabia
Middle East
Strategic development fundAbout SAR 430B
Committed or authorised capital,
4.02017

Disclaimer

Informational only. SovereignWealthFunds.com is an independent public-source reference. It is not affiliated with or endorsed by any fund named on it, and it is not investment, legal or tax advice. Figures are as of the dates shown next to them and may have changed; please read each fund's official pages, linked on its profile. To report an error, use the contact page. Copyright SovereignWealthFunds.com. All rights reserved.

Richard C. Wilson

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I'm Richard C. Wilson, founder of Family Office Club. I read the messages that come in through this site myself. Text or WhatsApp me at (808) 600-9260, or email Richard@SovereignWealthFunds.com. Thank you.

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