Bridgewater Associates released its latest 13F filing, announcing it increased its holdings in chip stocks and reduced its holdings in software stocks.
CoinFeed reported on May 16th that Bridgewater Associates, the world's largest hedge fund, released its Q1 2023 13F report on its US stock holdings as of the end of March. The report shows that Bridgewater established new positions in 214 stocks, increased its holdings in 292 stocks, liquidated 261 stocks, and reduced its holdings in 487 stocks during Q1. Bridgewater significantly increased its holdings in chip stocks such as Nvidia (NVDA.O), Broadcom (AVGO.O), and Micron Technology (MU.O) during Q1, while liquidating its holdings in enterprise software stocks such as Salesforce (CRM.N) and ServiceNow (NOW.N), and reducing its holdings in Adobe (ADBE.O). As of the end of Q1, Bridgewater's US stock holdings were valued at $22.4 billion, compared to $27.4 billion in the previous quarter.