Bridgewater Associates' U.S. Stock Portfolio Market Value Reaches $22.4 Billion in Q1, Increases Chip Stocks and Reduces Software Holdings

Odaily reported that Bridgewater Associates, the world's largest hedge fund, has released its 13F filing for the first quarter of this year, detailing its U.S. stock holdings as of the end of March. The report shows that in the first quarter, Bridgewater established new positions in 214 stocks, increased holdings in 292 stocks, completely exited 261 stocks, and reduced positions in 487 stocks. It significantly boosted its positions in chip stocks such as NVIDIA, Broadcom, and Micron Technology, while clearing holdings 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. stock portfolio market value stood at $22.4 billion, down from $27.4 billion in the previous quarter. Specifically, Bridgewater increased its NVIDIA holdings by 827,800 shares, raising the portfolio weight from 2.63% at the end of last year to 3.65%; increased Broadcom holdings by 670,000 shares, raising the weight from 1.47% to 2.54%; and increased Micron Technology holdings by 586,000 shares, raising the weight from 0.93% to 2.23%. Additionally, Bridgewater established a new position in TSMC, purchasing 1.077 million shares, which accounted for 1.62% of the portfolio by the end of the first quarter.