Billionaire Ray Dalio's Hedge Fund Bridgewater Associates Exits BlackRock, Reallocates Capital
Billionaire Ray Dalio's Hedge Fund Bridgewater Associates Exits BlackRock, Reallocates Capital
Billionaire Ray Dalio's Bridgewater Associates, as per its Q1 13F filing with the U.S. SEC, has fully divested its stakes in BlackRock (BLK) and two unnamed US banks. The hedge fund has reportedly rotated this capital into four high-performing assets that have seen over 100% year-to-date growth.
Billionaire Ray Dalio’s Bridgewater Associates fully exited its stakes in BlackRock (BLK) and two US banks, while rotating capital into four high-flying names. Bridgewater’s 13F filing from the U.S. Securities and Exchange Commission (SEC) shows that in Q1 of this year, the firm sold its remaining 4,581 BLK shares previously worth $4.903 million. On top […]
The post Billionaire Ray Dalio’s Hedge Fund Pours $145,220,000 Into Four Assets That Have Exploded 100%+ Year-to-Date appeared first on The Daily Hodl.