On February 12, Bridgewater Fund, the world’s largest hedge fund, filed a 13F report with the US Securities and Exchange Commission, which showed that in the fourth quarter of last year, it sold out of Tesla, took a long position in JPMorgan Chase, and reduced its holdings of SPDR Gold Shares, with the SPDR S&P 500 ETF Trust as its largest holding.Among the top 10 holdings, Alibaba gained, with a 19% month-on-month increase in its holdings to No. 6 from No. 4 previously.
Bridgewater cleared 74 stocks in the fourth quarter, including 35,650 shares of Tesla.Among 169 stocks, 427,775 shares of JPMorgan Chase, 1.4 million shares of Bank of America, 369,670 shares of Citigroup, 714,665 shares of Wells Fargo, Morgan Stanley and Goldman Sachs, Charles Schwab, and 149,263 shares of Microsoft were long positions.
Wal – Mart increased its position by 121% to 3.08 million shares, Procter & Gamble by 120% to 2.7 million shares and Pinduoduo by 30% to 1.42 million ADS.
Netease’s holdings were down by 39% to 461,752 Shares, with heavy holdings including SPDR S&P 500 ETF Trust (3.69 million Shares), Vanguard FTSE Emerging Markets ETF (1.32 million Shares), SPDR Gold Shares (2.99 million Shares), Wal-Mart (3.08 million Shares) and Procter & Gamble (2.7 million Shares).
In the fourth quarter, Bridgewater’s disclosed holdings rose 39% to $11.6 billion.
Kimbal Musk, the younger brother of billionaire Elon Musk, sold shares in Tesla (TSLA.US) on Tuesday for $25.6 million, according to a filing with the Securities and Exchange Commission.
He sold 30,000 directly owned shares at an average price of $853 each, according to the filing.The 48-year-old Tesla board member and restaurateur still holds 599,740 shares of the company, worth about $483 million.
US economist Nouriel Roubini said this week that Musk’s tweet about bitcoin before Tesla’s cryptocurrency investment was an act of “market manipulation” and that Musk should be investigated by the Securities and Exchange Commission (SEC).
article links：Bridgewater's disclosed holdings rose to $11.6 billion
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