Bridgewater Associates Exits China Holdings, Shifts Billions to US Tech Stocks

Bridgewater Associates has exited its holdings in U.S.-listed Chinese companies, worth $1.41 billion, and shifted capital into U.S. tech stocks. The hedge fund sold positions in 16 Chinese stocks, including Alibaba Group, JD.com, and Baidu, and closed its indirect exposure to China by selling ETFs. Bridgewater also boosted its Nvidia stake by 154% and increased holdings in Microsoft, Alphabet, and Meta Platforms.

Bridgewater Associates, the world's largest hedge fund founded by Ray Dalio, has made significant shifts in its portfolio during the second quarter of 2025. The fund sold all its holdings in U.S.-listed Chinese companies, worth $1.41 billion, and redirected capital into U.S. tech stocks [1].

The fund exited positions in 16 Chinese stocks, including Alibaba Group Holding, JD.com, and Baidu, as well as indirect exposure to China through ETFs. This move coincides with growing geopolitical tensions and market volatility between the U.S. and China [1].

Bridgewater Associates also boosted its stake in Nvidia by 154%, increasing its holdings to 7.22 million shares valued at $1.14 billion. Additionally, the fund increased its holdings in Microsoft by 109%, Alphabet by 84%, and Meta Platforms by 173% [2].

This strategic shift reflects Bridgewater's reassessment of its exposure amid global trade tensions. The fund's move underscores the changing dynamics in the global investment landscape, where geopolitical risks and market volatility are significant factors influencing investment decisions [2].

References:

[1] https://seekingalpha.com/news/4484909-bridgewater-associates-adds-arm-holdings-exits-alibaba-among-top-q2-trades
[2] https://www.scmp.com/business/china-business/article/3321860/bridgewater-dumps-all-china-stocks-hedge-fund-retreats-market