Billionaire Ray Dalio bets big on Nvidia stock

Although the previous quarter’s 13F filings revealed that some hedge funds–Duquesne Family Office, Appaloosa Management, and Maverick Capital—decided to divest from Nvidia (NASDAQ: NVDA), Ray Dalio, founder of Bridgewater Associates’ hedge fund, decided to double down.Namely, as revealed in his August 14 Q2 holdings report-13F, Dalio bought up $722.9 million worth of NVDA shares, which now make up 4.2% of his portfolio as of June 30.Ray Dalio’s top 5 largest portfolio positions in Q2. Source: 13f.info Dalio ...