Bridgewater's Q1 U.S. stock portfolio market value reaches $22.4 billion, increasing chip stocks while reducing software holdings

Odaily Planet Daily News Bridgewater Associates, the world's largest hedge fund, has released its Q1 U.S. stock portfolio holdings report (13F) for the period ending March 31. The report shows that in the first quarter, Bridgewater initiated positions in 214 stocks, increased holdings in 292 stocks, completely exited 261 stocks, and reduced positions in 487 stocks. It significantly increased holdings in chip stocks such as Nvidia, Broadcom, and Micron Technology, while completely exiting 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. stock holdings had a market value of $22.4 billion, compared to $27.4 billion in the previous quarter. Specifically, Bridgewater increased its holdings in Nvidia by 827,800 shares, raising its portfolio allocation from 2.63% at the end of last year to 3.65%; added 670,000 shares of Broadcom, lifting its allocation from 1.47% to 2.54%; and increased its stake in Micron Technology by 586,000 shares, boosting its allocation from 0.93% to 2.23%. Additionally, Bridgewater initiated a position in TSMC for the first time, purchasing 1.077 million shares, which accounted for 1.62% of its portfolio as of the end of the first quarter.