--- title: "Bridgewater piled into Mag Seven stocks in Q1 but spurned Tesla - filings" description: "Bridgewater Associates, a hedge fund founded by Ray Dalio, made significant investments in several major tech stocks in the first quarter. The fund tripled its stake in Microsoft, added shares in Appl" type: "news" locale: "en" url: "https://longbridge.com/en/news/204184417.md" published_at: "2024-05-15T19:38:43.000Z" --- # Bridgewater piled into Mag Seven stocks in Q1 but spurned Tesla - filings > Bridgewater Associates, a hedge fund founded by Ray Dalio, made significant investments in several major tech stocks in the first quarter. The fund tripled its stake in Microsoft, added shares in Apple and Amazon, and almost tripled its holdings in Nvidia. However, Bridgewater avoided investing in struggling electric car-maker Tesla. The hedge fund also increased its holdings in financial companies such as Citigroup and Wells Fargo. By Carolina Mandl NEW YORK, May 15 (Reuters) - Bridgewater Associates piled into six of the so-called Magnificent Seven megacap U.S. stocks in the first quarter, making an $800 million bet on Google-parent Alphabet (GOOGL.O) while avoiding struggling shares of electric car-maker Tesla (TSLA.O) , securities filings showed. The hedge fund founded by legendary investor Ray Dalio ended March with 5.4 million shares of Alphabet worth $810.3 million at the end of the first quarter, more than doubling its stake in the company since December. The stake was the fund’s biggest single stock holding the end of the first quarter, according to the filings. Shares in Alphabet are up roughly 23% this year, however, it is not possible to determine if Bridgewater still holds a position in the company or its size. The quarterly disclosures, known as 13-F filings, are made to the Securities and Exchange Commission around 45 days after the end of each quarter and may not reflect current positions. Bridgewater’s Big Tech shopping spree also saw the fund triple its stake in Microsoft (MSFT.O) to 579,525 shares in the first quarter, or $243.8 million. Shares of the company are up 12.5% year-to-date. The hedge fund added over 1.8 million shares in Apple (AAPL.O) in the quarter, while also buying roughly one million shares in Amazon (AMZN.O) . Shares in Apple are down 1.3% and Amazon is up 21.6% year-to-date. The firm, led by Nir Bar Dea, also increased its shares in Meta Platforms (META.O) by 49%, to 994,051, or $482.7 million. Shares of the Facebook-parent are up 35.9% this year. Chip giant Nvidia - whose shares are up 91.2% year-to-date - was another big Bridgewater bet in the quarter, as it almost tripled holdings in the company to 704,599 shares, or $636.6 million. Big gains in the Magnificent Seven stocks - which have outsize weightings in the S&P 500 - have helped power markets higher this year and in 2023. Absent from Bridgewater’s portfolio were shares of Tesla, which have fallen almost 30% this year as the company faces fierce competition and slowing sales. As a global macro hedge fund, Bridgewater places wagers on assets based on broader trends in sectors and geographies, not as a long/short stock picker. Bridgewater also boosted its holdings of financial companies. Its stake in Citigroup (C.N) rose by 23%, to 664,458, while also growing in Wells Fargo (WFC.N) and Bank of New York Mellon (BK.N) . ### Related Stocks - [MSFT.US - Microsoft](https://longbridge.com/en/quote/MSFT.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) - [AAPL.US - Apple](https://longbridge.com/en/quote/AAPL.US.md) - [AMZN.US - Amazon](https://longbridge.com/en/quote/AMZN.US.md) - [603020.CN - Apple Group](https://longbridge.com/en/quote/603020.CN.md) - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | OpenAI 新一輪融資或突破千億美元 據報亞馬遜、軟銀、英偉達及微軟參與投資 | OpenAI 即將完成新一輪融資，預計籌集超過 1000 億美元，估值可能超過 8500 億美元。主要投資者包括亞馬遜、軟銀、英偉達和微軟。融資將分階段進行，預計在本年度內完成。亞馬遜可能投資高達 500 億美元，軟銀 300 億美元，英偉 | [Link](https://longbridge.com/en/news/276297991.md) | | 傳 AMD 將向雲端運算初創 Crusoe 提供逾 23 億貸款擔保 | 超微半導體 (AMD) 將為雲端運算初創公司 Crusoe 提供 3 億美元的貸款擔保，用於採購及部署 AI 晶片。若 Crusoe 無法獲得客户，AMD 將租回其晶片。Crusoe 正轉型為 AI 基礎設施提供商，專注於 AI 雲端及數據 | [Link](https://longbridge.com/en/news/276420524.md) | | 傳 OpenAI 最新融資有望突破 7800 億，亞馬遜、英偉達等參與投資 | OpenAI 即將完成新一輪融資的第一階段，預計融資額將超過 1,000 億美元，創下紀錄。首輪融資主要來自亞馬遜、軟銀、英偉達和微軟等戰略投資者，預計在本月底前確定投資方案。隨著 OpenAI 計劃進行基礎設施投資，公司整體估值可能超過 | [Link](https://longbridge.com/en/news/276419176.md) | | 黃仁勳：英偉達將發布幾款前所未有的全新晶片 | 英偉達執行長黃仁勳接受外媒訪問時稱，該企已經為下月的年度 AI 盛會 GTC 2026 準備了幾款前所未有的全新晶片。 他補充，「由於所有技術都已達到極限，所以沒有什麼是容易的」。但強調因擁有一支由英偉達和 SK 海力士的內存工程師組成的團 | [Link](https://longbridge.com/en/news/276419680.md) | | 黃仁勳稱將發佈「令世界驚訝」新晶片「所有技術都已經逼近極限」 | 英偉達執行長黃仁勳在接受《韓國經濟日報》採訪時透露，將於 2026 年 3 月 16 日在聖何塞的 GTC 大會上發布一款「令世界驚訝」的新晶片。他表示，所有技術都已逼近極限，但有信心通過團隊合作克服挑戰。新晶片可能基於 Rubin 架構或 | [Link](https://longbridge.com/en/news/276297645.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.