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.
Earlier this month, Tesla bought $1.5 billion worth of bitcoin, and previously announced that it would accept bitcoin for payment.Bitcoin soared as high as $48,000 as a result.
In fact, before Tesla’s purchase of bitcoin, Musk had already made a number of comments in support of bitcoin, and helped Dogecoin rise.
Tesla will have to recall about 12,300 Model X cars worldwide, German auto authority says