Bridgewater Fund’s U.S. stock holdings in the first quarter were worth $224 billion, with it adding to chip stocks and cutting its positions in software stocks.

ME News report: On May 16 (UTC+8), Bridgewater Associates, the world’s largest hedge fund, released its 13F report detailing its U.S. stock holdings as of the end of March this year. The report shows that in Q1, Bridgewater opened new positions in 214 stocks, increased holdings in 292 stocks, fully exited positions in 261 stocks, and reduced holdings in 487 stocks. It significantly increased positions in chip stocks such as Nvidia, Broadcom, and Micron Technology, exited enterprise software stocks such as Salesforce and ServiceNow, and reduced its holdings of Adobe.

By the end of Q1, Bridgewater’s U.S. stock holdings were valued at $22.4 billion, compared with $27.4 billion in the previous quarter. Specifically, Bridgewater increased its Nvidia holdings by 827.8k shares, with the position share rising from 2.63% at the end of last year to 3.65%; increased its Broadcom holdings by 670k shares, with the position share rising from 1.47% at the end of last year to 2.54%; and increased its Micron Technology holdings by 586k shares, with the position share rising from 0.93% at the end of last year to 2.23%. In addition, Bridgewater established a new position in TSMC with 1,077k shares for the first time; as of the end of Q1, that stock accounted for 1.62% of the portfolio. (Source: ODAILY)