Cai Jing Wang·2025-11-15 03:36Core Insights - Bridgewater Associates, the world's largest hedge fund, significantly reduced its holdings in major tech stocks, including Nvidia, Google, Microsoft, META, and Amazon in Q3 2023 [1] Holdings Summary - As of the end of Q3 2023, Bridgewater's total portfolio value was approximately $25.5 billion, up from $24.8 billion at the end of Q2 2023 [1] - The top five holdings included IVV (iShares Core S&P 500 ETF), SPY (SPDR S&P 500 ETF), Google-A, Microsoft, and S&P 500, with Nvidia ranked sixth [1] Nvidia Holdings - Bridgewater held approximately 2.51 million shares of Nvidia at the end of Q3 2023, a reduction of about 65.3% from 7.23 million shares at the end of Q2 2023 [1] - This reduction follows a substantial increase of 154.4% in Nvidia holdings during Q2 2023, indicating a shift to a more cautious outlook on Nvidia's future performance [1] Other Major Reductions - In Q3 2023, Bridgewater also reduced its holdings in Google-A by over 50%, Microsoft by over 35%, META by 48%, and Amazon by nearly 10% [1]