To The Moon

The world’s biggest hedge fund Bridgewater boosted its bet on Chinese companies in the fourth quarter,which boosted its stake in $JD.com(JD)$, $Baidu(BIDU)$, $Alibaba(BABA)$, $Pinduoduo Inc.(PDD)$, $NIO Inc.(NIO)$, $Tiger Brokers(TIGR)$ and so on.According to the 13F issued by Bridgewater, The value of Bridgewater equity portfolio decreased by $1.06 billion to $17.202 billion last quarter, down largely to its stake in ETF holding and financial sector.

Bridgewater shed positions in Emerging Markets

It slashed its position in ETF $iShares MSCI Emerging Markets ETF(EEM)$ tracking MSCI Emerging market to a stake worth $440 million, down from $995million in Q3.

It cut its holdings in the$Vanguard FTSE Emerging Markets ETF(VWO)$ , the ETF that tracks FTSE Emerging Markets, to a stake worth $848.82 million at the end of December. That's sharply down from $1180 million at the end of the third quarter.

It cut its holdings in the $iShares Core MSCI Emerging Markets ETF(IEMG)$ , the ETF that tracks CoreMSCI Emerging Markets, to a stake worth $500.46 million at the end of December. That's sharply down from $839 million at the end of the third quarter.Bridgewater shed positions in Amazon and Alphabet

Bridgewater sold out its position in $Netflix(NFLX)$,$Amazon.com(AMZN)$ ,it also cut positions in $Meta Platforms, Inc.(FB)$ by 88%, $Apple(AAPL)$ by 94%,$Microsoft(MSFT)$ by 21%, 

These moves were made before January's Fed-driven equity market sell-off, in which investor concerns around a more hawkish Fed and what that would mean for valuations in 2022 led to sharp drops especially in rate-sensitive tech stocks. The Nasdaq is already down 17% so far this year.

Bridgewater boosts its bets on China

The latest 13-F filing from Bridgewater Associates shows the firm boosted its bets on China.Bridgewater Associates added to a holding in Alibaba Group Holding Ltd by 29.73%. to take its holding in the Chinese internet services giant to the eighth highest spot in its portfolio. The estimated average price of $145.1. The stock is now traded at around $121.92.

Bridgewater also boosted its stake in $JD.com(JD)$, in $Pinduoduo Inc.(PDD)$, in $Baidu(BIDU)$, and in Chinese electric vehicle maker $NIO Inc.(NIO)$, in $Tiger Brokers(TIGR)$in the fourth quarter.What is your opinion about bridgewater 13F?