Core Viewpoint - The article discusses the significant trend of major investors liquidating their positions in ETFs, indicating a potential shift in market sentiment and investment strategies [2] Group 1: Market Trends - Major institutional investors have completely exited their ETF positions, raising concerns about the future performance of these investment vehicles [2] - The article highlights a notable increase in volatility within the ETF market, suggesting that investor confidence may be waning [2] Group 2: Investment Strategies - The shift away from ETFs by large players may signal a broader trend towards alternative investment strategies, as investors seek to mitigate risks associated with market fluctuations [2] - The article suggests that this trend could lead to a reevaluation of the role of ETFs in diversified investment portfolios [2]

桥水二季度加仓英伟达、谷歌、微软、Meta，清仓阿里等部分中概股桥水的13F报告披露，二季度增持英伟达将近439万股，持股总数达到723万股，较一季度末持股数增长154%，成为第三大持仓；增持微软90.56万股至172万股，增幅112%；增持Alphabet38.1万股至80.7万股，增幅84%；增持Meta38.1万股至80.7万股，增幅90%桥水减持亚马逊79.55万股，约6%；减持AMD40.89万股，约19%；清仓了部分中概股，包括一季度增持的阿里巴巴、拼多多、百度以及一季度新进的京东。 ...

Core Viewpoint - The article discusses the evolution of ETFs and highlights significant actions taken by well-known investors, including their recent decision to liquidate positions [2] Group 1: ETF Evolution - The article outlines the historical development of ETFs, emphasizing their growing popularity among investors due to their liquidity and diversification benefits [2] - It mentions the increasing number of ETFs available in the market, which has led to more investment options for both retail and institutional investors [2] Group 2: Investor Actions - Notable investors have recently made headlines by completely liquidating their ETF positions, indicating a potential shift in investment strategy [2] - The article suggests that these actions may reflect broader market sentiments or concerns regarding future performance of certain sectors or the overall market [2]