Bridgewater Associates' Q1 U.S. Stock Portfolio Valued at $22.4 Billion, Increases Chip Stock Holdings While Reducing Software Stocks

Odaily reports that the world's largest hedge fund, Bridgewater Associates, has released its first-quarter 13F filing for U.S. stock holdings as of the end of March. The filing shows that in Q1, Bridgewater initiated positions in 214 stocks, increased holdings in 292 stocks, fully exited 261 stocks, and reduced positions in 487 stocks. The firm significantly increased its holdings in chip stocks such as Nvidia, Broadcom, and Micron Technology, while completely exiting enterprise software stocks like Salesforce and ServiceNow, and reducing its position in Adobe. As of the end of the first quarter, Bridgewater's U.S. stock portfolio was valued at $22.4 billion, compared to $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, with the weight rising 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, purchasing 1.077 million shares. As of the end of Q1, this stock accounted for 1.62% of the portfolio.