Zhi Tong Cai Jing·2025-08-14 02:37Core Insights - Bridgewater Associates significantly increased its holdings in major technology stocks during Q2, particularly in Nvidia, Google, Microsoft, and Meta, indicating a bullish outlook on these companies [1][2][3] Holdings Overview - As of June 30, 2025, Bridgewater's total holdings reached $24.8 billion, up 15% from $21.6 billion in the previous quarter [1] - The fund added 85 new stocks and increased positions in 206 stocks while reducing holdings in 287 stocks and completely exiting 164 stocks [1] - The top ten holdings accounted for 36.13% of the total portfolio [1] Major Holdings - The largest holding is SPDR S&P 500 ETF (SPY), with approximately 2.61 million shares valued at about $1.613 billion, representing 6.51% of the portfolio, down 21.9% from the previous quarter [1] - iShares S&P 500 ETF (IVV) is the second largest holding, with around 2.31 million shares valued at approximately $1.434 billion, up 6.19% from the previous quarter [1] - Nvidia ranks third with about 7.23 million shares valued at approximately $1.142 billion, a 154.37% increase in holdings [2] - Other significant holdings include Alphabet (GOOGL) with 5.6 million shares valued at about $0.987 billion, up 84.08% [2] Changes in Holdings - Bridgewater notably increased its positions in Nvidia, Google, Microsoft, and Meta by 154.37%, 84.08%, 111.88%, and 89.63% respectively [2][3] - The fund reduced its holdings in Amazon by 6%, Apple by 62.06%, and Tesla by 39.8% [3] - Additionally, AMD saw a reduction of 40.89% in holdings, while Cisco was increased by 644% [3] New Positions and Exits - Bridgewater established new positions in Arm Holdings, Intuit, and Lyft, while completely exiting positions in Alibaba, Baidu, Accenture, C3.ai, and Applied Materials [3]