Bridgewater Associates' Q1 U.S. stock portfolio market value stands at $22.4 billion, increasing chip stock holdings while reducing software stock positions
Svmuu reports that Bridgewater Associates, the world's largest hedge fund, has released its 13F filing for U.S. stock holdings in the first quarter ending March 31. The filing shows that Bridgewater initiated positions in 214 stocks, increased holdings in 292 stocks, completely exited 261 stocks, and reduced positions in 487 stocks during the first quarter. The fund significantly increased its holdings in chip stocks such as Nvidia, Broadcom, and Micron Technology, while liquidating positions in enterprise software stocks like Salesforce and ServiceNow, and reducing its stake in Adobe. As of the end of the first quarter, Bridgewater's U.S. equity portfolio had a market value of $22.4 billion, down from $27.4 billion in the previous quarter. Specifically, Bridgewater added 827,800 shares of Nvidia, increasing its portfolio weight from 2.63% at the end of last year to 3.65%; added 670,000 shares of Broadcom, raising its weight from 1.47% to 2.54%; and added 586,000 shares of Micron Technology, lifting its weight from 0.93% to 2.23%. Additionally, Bridgewater established a new position in TSMC with 1.077 million shares, which accounted for 1.62% of the portfolio as of the end of the first quarter.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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