Ray Dalio's Bridgewater Pours $145.2M Into Four Assets That Surged 100%+ Year-to-Date in Q1

According to Bridgewater Associates' Q1 SEC 13F filing, the hedge fund opened new positions in four high-performing assets worth $145.22 million combined in the quarter ended March 31. The new stakes include Tower Semiconductor (TSEM) at $81.2 million, ASE Technology Holding (ASX) at $33.6 million, Applied Optoelectronics (AAOI) at $18.9 million, and Hut 8 Corp (HUT) at $11.5 million. All four holdings have surged over 100% year-to-date, with ASX and HUT leading at 160% and 156% gains respectively, while TSEM and AAOI have climbed 129% and 103%.

Bridgewater simultaneously exited its positions in BlackRock (BLK), Capital One (COF), and Cadence Bank (CADE), freeing up capital for the new semiconductor and infrastructure plays.