Here's what the big hedge funds were betting on before Trump's election win

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Here's what the big hedge funds were betting on before Trump's election win
Donald TrumpElon MuskHedge Funds
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Today's Business Headlines: 11/14/24

and a prison operator in the third quarter, filings showed, ahead of a rally that followed Donald Trump ’s victory in the US presidential election., corners of the market that at times were swayed by the Republican candidate’s fortunes before the election and notched gains after his win.

It is not possible to say whether Bridgewater and the other funds held their positions past Sept. 30, which is the cutoff date for the 13-F filings. Though they are backward-looking, the filings are one of the few ways to see the portfolios of often-secretive market players such as hedge funds and sovereign wealth funds.Ray Dalio’s Bridgewater ended September with bigger positions in Goldman Sachs, Morgan Stanley, Wells Fargo, Bank of New York Mellon and Citigroup.

Both Blackstone and KKR, which manage private equity funds, could benefit from a rebound in dealmaking.

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