<p>亿万富翁对冲基金经理 <strong>保罗·都铎·琼斯</strong> 在 2025 年第二季度进行了几项显著的投资组合调整，包括一系列退出和对一只零售热门股票的意外押注。</p>
<h2>对 “迷因股票” 的意外押注</h2>
<p>根据 <strong>都铎投资公司</strong> 周四提交的 13F 文件，该基金对 iBuying 平台 <strong>Opendoor Technologies Inc.</strong> OPEN 进行了重大投资，目前持有 245 万股该公司的股票，比上一季度增加了 1000%。</p>
<p>这一举动正值围绕该股票的零售热潮持续升温，过去两个月该股上涨了 874%。尽管最近几周经历了一些波动，该股今年迄今仍上涨了 91%。</p>
<p>虽然一些人将其称为 “迷因股票”，但包括基金经理 <strong>埃里克·杰克逊</strong> 在内的支持者对此标签进行了反驳，称 “这是一家真正的企业。”</p>
<h2>宏观和商品投资获得认可</h2>
<p>除此之外，都铎在本季度还选择性地投资于宏观和商品领域，增持了黄金矿业公司 <strong>B2Gold Corp.</strong> BTG 和 <strong>Coeur Mining Inc.</strong> CDE，以及公用事业公司 <strong>PG&amp;E Corp.</strong> PCG。</p>
<p>这家知名对冲基金还扩大了与 <strong>iShares Russell 2000 ETF</strong> IWM 和 <strong>Invesco QQQ Trust</strong> QQQ 相关的期权使用，表明其在更深层次的指数敞口方面的战略定位。</p>
<h2>退出和削减敞口</h2>
<p>在退出方面，该对冲基金完全抛售了 <strong>华特迪士尼公司</strong> DIS 和 <strong>博通公司</strong> AVGO，放弃了娱乐和半导体领域的高知名度股票。</p>
<p>都铎还退出了多个中国股票头寸，包括 <strong>iShares China Large-Cap ETF</strong> FXI 的持仓，其中看涨和看跌期权的头寸大幅减少。该公司还削减了与比特币相关资产的敞口，如 <strong>Grayscale Bitcoin Trust</strong> GBTC 和其他相关工具。</p>
<p>在科技领域，显著削减的包括谷歌母公司 <strong>Alphabet Inc.</strong> GOOG，暗示对人工智能以及 “魔法七” 股票的谨慎态度。</p>
<p>周四，Opendoor 的股价上涨了 25.62%，收于 3.04 美元，盘后上涨 1.32%。该股在 <strong>Benzinga 的边缘股票排名</strong> 中在动量和价值方面得分较高，短期、中期和长期的价格趋势均表现良好。点击此处获取该股及其他股票的更深入见解。</p>
<ul>
<li><strong>迈克尔·伯里加入沃伦·巴菲特，做多联合健康股票</strong></li>
</ul>

OPEN

<p>亿万富翁对冲基金经理保罗·都铎·琼斯在 2025 年第二季度进行了重大投资组合调整，特别是在零售热潮中将其在 Opendoor Technologies 的持股增加了 1000%，达到 245 万股。他退出了对迪士尼和博通的投资，减少了对中国股票的敞口，并削减了比特币和 Alphabet 的持股。都铎还投资于黄金矿业公司，并扩大了与主要 ETF 相关的期权，表明其战略转向宏观和商品投资。Opendoor 的股票在周四上涨了 25.62%，反映出强劲的动能和价值</p>

<p>Billionaire hedge fund manager <strong>Paul Tudor Jones</strong> has made several notable portfolio moves during the second quarter of 2025, with a slew of exits and a surprising bet on a retail favorite stock.</p>
<div class="lb-trans"><p>亿万富翁对冲基金经理 <strong>保罗·都铎·琼斯</strong> 在 2025 年第二季度进行了几项显著的投资组合调整，包括一系列退出和对一只零售热门股票的意外押注。</p>
</div><h2>Surprising Bet On A “Meme Stock”</h2>
<div class="lb-trans"><h2>对 “迷因股票” 的意外押注</h2>
</div><p>According to the 13F filings made by the <strong>Tudor Investment Corp.</strong> on Thursday, the fund has made a significant bet on iBuying platform, <strong>Opendoor Technologies Inc.</strong> OPEN, now holding 2.45 million shares in the company, an increase of 1,000% from the prior quarter.</p>
<div class="lb-trans"><p>根据 <strong>都铎投资公司</strong> 周四提交的 13F 文件，该基金对 iBuying 平台 <strong>Opendoor Technologies Inc.</strong> OPEN 进行了重大投资，目前持有 245 万股该公司的股票，比上一季度增加了 1000%。</p>
</div><p>This comes amid the ongoing retail frenzy surrounding the stock, leading to an 874% rally over the past two months. After experiencing some volatility in recent weeks, the stock is still up 91% year-to-date.</p>
<div class="lb-trans"><p>这一举动正值围绕该股票的零售热潮持续升温，过去两个月该股上涨了 874%。尽管最近几周经历了一些波动，该股今年迄今仍上涨了 91%。</p>
</div><p>While some have dubbed this a “meme stock,” its proponents, which include fund manager <strong>Eric Jackson</strong>, have pushed back against this tag, saying that “it’s a real business.”</p>
<div class="lb-trans"><p>虽然一些人将其称为 “迷因股票”，但包括基金经理 <strong>埃里克·杰克逊</strong> 在内的支持者对此标签进行了反驳，称 “这是一家真正的企业。”</p>
</div><h2>Macro And Commodity Plays Get A Thumbs Up</h2>
<div class="lb-trans"><h2>宏观和商品投资获得认可</h2>
</div><p>Aside from this, Tudor has leaned into selective macro and commodity plays during the quarter, adding gold miners such as <strong>B2Gold Corp.</strong> BTG and <strong>Coeur Mining Inc.</strong> CDE, alongside utilities such as <strong>PG&amp;E Corp.</strong> PCG.</p>
<div class="lb-trans"><p>除此之外，都铎在本季度还选择性地投资于宏观和商品领域，增持了黄金矿业公司 <strong>B2Gold Corp.</strong> BTG 和 <strong>Coeur Mining Inc.</strong> CDE，以及公用事业公司 <strong>PG&amp;E Corp.</strong> PCG。</p>
</div><p>The renowned hedge fund has also expanded its use of options tied to the <strong>iShares Russell 2000 ETF</strong> IWM and <strong>Invesco QQQ Trust</strong> QQQ, indicating a strategic positioning for deeper index exposure.</p>
<div class="lb-trans"><p>这家知名对冲基金还扩大了与 <strong>iShares Russell 2000 ETF</strong> IWM 和 <strong>Invesco QQQ Trust</strong> QQQ 相关的期权使用，表明其在更深层次的指数敞口方面的战略定位。</p>
</div><h2>Exits And Trimmed Exposures</h2>
<div class="lb-trans"><h2>退出和削减敞口</h2>
</div><p>On the exit side, the hedge fund completely sold out of <strong>Walt Disney Co.</strong> DIS and <strong>Broadcom Inc.</strong> AVGO, shedding high-profile names in both entertainment and semiconductors.</p>
<div class="lb-trans"><p>在退出方面，该对冲基金完全抛售了 <strong>华特迪士尼公司</strong> DIS 和 <strong>博通公司</strong> AVGO，放弃了娱乐和半导体领域的高知名度股票。</p>
</div><p>Tudor also walked away from several Chinese equity positions, including holdings in the <strong>iShares China Large-Cap ETF</strong> FXI, where both call and put positions were reduced significantly. The firm also trimmed its exposure to Bitcoin-linked assets, such as the <strong>Grayscale Bitcoin Trust</strong> GBTC and other related vehicles.</p>
<div class="lb-trans"><p>都铎还退出了多个中国股票头寸，包括 <strong>iShares China Large-Cap ETF</strong> FXI 的持仓，其中看涨和看跌期权的头寸大幅减少。该公司还削减了与比特币相关资产的敞口，如 <strong>Grayscale Bitcoin Trust</strong> GBTC 和其他相关工具。</p>
</div><p>In the tech space, a notable trimming down included Google-parent <strong>Alphabet Inc.</strong> GOOG, hinting at a cautious stance on AI as well as the “Mag 7” stocks.</p>
<div class="lb-trans"><p>在科技领域，显著削减的包括谷歌母公司 <strong>Alphabet Inc.</strong> GOOG，暗示对人工智能以及 “魔法七” 股票的谨慎态度。</p>
</div><p>Shares of Opendoor rallied 25.62% on Thursday, closing at $3.04, and are up 1.32% after hours. The stock scores high on Momentum and Value in <strong>Benzinga’s Edge Stock Rankings</strong>, with a favorable price trend in the short, medium and long terms. Click here for deeper insights into the stock, along with the others on this list.</p>
<div class="lb-trans"><p>周四，Opendoor 的股价上涨了 25.62%，收于 3.04 美元，盘后上涨 1.32%。该股在 <strong>Benzinga 的边缘股票排名</strong> 中在动量和价值方面得分较高，短期、中期和长期的价格趋势均表现良好。点击此处获取该股及其他股票的更深入见解。</p>
</div><ul>
<li><strong>Michael Burry Joins Warren Buffett Going Long On UnitedHealth Stock</strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong>迈克尔·伯里加入沃伦·巴菲特，做多联合健康股票</strong></li>
</ul>
</div>

Hedge Fund Manager Paul Tudor Jones Bets Big On Opendoor: Exits Disney, Broadcom, Chinese Equities—Trims Exposure To Bitcoin, Alphabet

- 保罗·图多尔·琼斯在 2025 年第二季度进行了多项投资组合调整。  
- 其基金大幅增持 Opendoor Technologies Inc.，持股量增加 1000%。  
- 同时，完全退出迪士尼和博通等高调股票，减少对中国股市的投资。

对冲基金经理保罗·都铎·琼斯大举押注 Opendoor：退出迪士尼、博通和中国股票——减少对比特币和 Alphabet 的投资敞口