Read 13F | Significantly reduce PDD's! Bridgewater is buying Alphabet-C, Microsoft and Meta Platforms in the first quarter.

Retail investors, the "investment barometer," have disclosed the 13F quarterly report of top Wall Street institutions!

Bridgewater Associates, the world's largest hedge fund, sold financial stocks and bought technology stocks like crazy in the first quarter!

Compared with the fourth quarter, the top ten heavy positions of Bridgewater in the quarter changed little, and the overall situation is still dominated by consumer stocks, but eight of these targets were reduced by the fund.

However, it is worth noting that technology stocks such as Alphabet-C, Meta, and Microsoft were increased by Bridgewater, buying 1.56 million shares, 460,000 shares, and 240,000 shares, respectively, becoming the second to fourth largest positions added by Bridgewater in the quarter.

In contrast, Chinese concept stocks such as PDD, NIO, Li Auto, and Trip.com were significantly reduced, and BIDU-SW was also among the clearing team.

Among them, PDD was reduced by 1.5034 million shares, and the number of shares held was reduced to 2.1424 million shares, a decrease of 41%, and the holding market value was US$163 million; Li Auto was reduced by 1.7218 million shares, and the number of shares held was reduced to 2.5262 million shares, a decrease of 40%, and the end-of-period holding market value was US$265 million.

In the first quarter of the US stock market experiencing a banking crisis, Bridgewater sold bank stocks like crazy, and targets such as Bank of America, JPMorgan Chase, and Wells Fargo were among the top ten stocks cleared by Bridgewater in the quarter.