Bridgewater reduced its holdings in six tech giants in the fourth quarter and built a position in Tesla

ChainCatcher news, Bridgewater's updated fourth quarter 13F holdings document shows that its total holdings at the end of the fourth quarter amounted to $21.8 billion, an increase of $4.1 billion compared to the third quarter.

In terms of reductions, it sold 1.25 million shares of Nvidia (NVDA.O) and 750,000 shares of Google A in the fourth quarter, while also reducing its positions in Meta, Microsoft, Apple, and Amazon, with the largest reduction in Apple, reaching 40% or 410,000 shares. On the other hand, Bridgewater significantly increased its holdings in the S&P 500 ETF - SPDR by nearly 7.4 million shares, an increase of 883%, and also added to its positions in AMD, PayPal, eBay, Robinhood, and Qualcomm. Notably, Bridgewater also initiated a position in Tesla (TSLA.O) with 150,000 shares.