Bridgewater's Top Q1 Buys, Sells: Amazon, AMD, Medtronic, CME, Others
Bridgewater Associates, the hedge fund founded by billionaire investor Ray Dalio, took new stakes in Amazon (NASDAQ: $Amazon.com, Inc. AMZN$ ), with 1.05M shares, Advanced Micro Devices (NASDAQ: $Advanced Micro Devices, Inc. AMD$ ), with 679K shares, and Medtronic (NYSE: $Medtronic Plc MDT$ ), with 680K shares, during the first quarter, according to its latest 13F filing dated earlier this week.
Soros Fund Management took new stakes in PG&E Corp. (NYSE: $PG&E Corporation PCG$ ), with 2.12M shares, WestRock Company (NYSE: $WestRock Co. WRK$ ), with 900K shares, and Sunrun (NASDAQ: $Sunrun Inc. RUN$ ), with 2.08M shares, during Q1 2024, the investment firm and family office disclosed Wednesday in its latest 13F filing.
The fund, founded by billionaire investor George Soros, boosted its positions in Aramark (NYSE: $Aramark ARMK$ ), to 2.06M shares from 518K shares and D.R. Horton (NYSE: $D.R. Horton, Inc. DHI$ ), to 179K from 70K.
Reduced its holdings in Amazon (NASDAQ: $Amazon.com, Inc. AMZN$ ), to 396K from 557K, and Sempra (NYSE: $Sempra Energy SRE$ ), to 44K from 500K, according to the filing.
Source: Seeking Alpha
More about 13F filings:
Institutional investment managers with over $100 million in qualifying assets under management are mandated by the US Securities and Exchange Commission (SEC) to file quarterly Form 13F reports. These reports reveal the manager's long positions in publicly traded securities, including stocks and ETFs, as of the end of the preceding quarter.
How can investors use it?
As concluded by investing.com writer Daniel Shvartsman, investors can track the 13Fs for some advantages:
Identify institutional investors with a track record of outperforming the market and track their current holdings
Find potential investment themes or trends from the 13Fs
Disclaimer:
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