The world's largest hedge fund dumped these 5 investments last quarter - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The world's largest hedge fund dumped these 5 investments last quarter as the coronavirus recovery raged

Bridgewater Associates, the largest hedge fund in the world, released in an SEC filing what investments itThe hedge fund, founded by billionaire investor Ray Dalio, exited positions in a number of exchange-traded funds and Canadian banks amid the coronavirus pandemic recovery. Read more on Business InsiderThe largest hedge fund in the world, Bridgewater Associates, dumped a number of investments in the second quarter as the coronavirus pandemic recovery raged.

The hedge fund, founded by billionaire investor Ray Dalio, exited 153 holdings entirely and decreased holdings in 177 investments in the second quarter, according to aA majority of the positions that the firm exited were exchange-traded funds that track Treasury bonds, high-yield corporate debt, and emerging markets. Bridgewater also dumped shares of a number of Canadian banks during the quarter.

On the flip side, the firm also added to its portfolio during the quarter, boosting its total value to $5.96 billion, a roughly 18% jump from the previous three-month period. Bridgewater bought 137 new holdings and added to 68 existing positions,Here are the top five holdings that Bridgewater exited in the second quarter, according to a list compiled by Bloomberg:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

bridgewater has too many positions

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet Stephen Ross: Inside his life and $7.2 billion net worth - Business InsiderStephen Ross — Trump donor and Equinox chairman — is reportedly mobilizing a $100 million campaign to elect NYC's next mayor. Take a look at how one of the city's richest residents built his fortune. Unless he is giving it to mayawiley we dont wanna hear it!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »

Jim Simons, RenTech sold Apple and Amazon stock, boosted Tesla stake - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The head of investment research at the world's largest hedge fund says most portfolios are too concentrated in stocks | Markets InsiderBridgewater's Karen Karniol-Tambour told Bloomberg on Thursday that the 'new era' of economic policy is the coordination of monetary ...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chase Coleman's Tiger Global increased bets on several major software stocksNew for subscribers: Chase Coleman's Tiger Global increased bets on several major software stocks Check out CNBCPro today. Pro Are you looking for a Logo Designer? I will do it for you!!! Here is my Flickr portfolio: Order Now: Pro SuperGloriousVigil Prepare the way. The Messiah is coming.
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett may have sold JPMorgan stake, Chris Bloomstran says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can't blame of fault Warren here, as jpmorgan has been irrational on a number of fronts internally especially what it pays too many of it's employee's. Attn: emo_jamie_dimon
Source: BusinessInsider - 🏆 729. / 51 Read more »