Bridgewater Fund submitted a position report for the first quarter of 2021 to the SEC:
In the first quarter, Bridgewater continued to increase its consumer and banking sectors, and significantly reduced its holdings of emerging market ETFs and gold ETFs.
Dario, the founder of Bridgewater Fund, sang more about China many times and continued to increase positions in ETFs tracking the Chinese market in the first quarter.
After the liquidation of Tesla ($TSLA) in the fourth quarter of last year, Bridgewater once again opened a position of 37,000 Tesla shares in the first quarter. In addition, Bridgewater has reduced its holdings of many China concept stocks such as Pinduoduo ($PDD), NIO ($NIO), JD ($JD), Baidu ($BIDU), etc., which were previously adored.
Submitted May 16, 2021 at 11:35PM by hankuke https://ift.tt/3okMGHr
