Ray Dalios Bridgewater dumps Tesla, bets on meme stocks AMC and GameStop - BitcoinEthereumNews.com
KabuhayanAng Bridgewater ni Ray Dalio ay nagtatapon ng Tesla, tumaya sa mga meme stock na AMC at GameStop05 / 17 / 2022Balita ng Ethereum ng Bitcoin Bridgewater Associates is out with the old and in with the new. The world‘s largest hedge fund led by billionaire Ray Dalio has parted ways with its stake in Tesla (TSLA) and placed new bets on meme-stocks AMC (AMC) and GameStop (GME) during the first quarter, a pagsampa sa Securities and Exchange Commission showed. The firm also took new positions in Warren Buffet’s Berkshire Hathaway (BRK.B) and Airbnb (ABNB). Earlier regulatory reports by Bridgewater indicated the hedge fund owned 25,488 shares of Elon Musks Tesla as of the end of last year. But the electric-vehicle maker was not listed in the outline of holdings through the period ended March 31, signaling a full exit by the firm from Tesla during the quarter. Before cashing out, previous trade reports showed Bridgewater held Tesla stock during all of 2021. Bridgewater also reported snapping up 4,136 shares of retail-investor favorite GameStop valued at $689,000 during the three-month period, and 27,066 shares of fellow meme-stock AMC totaling $667,000. The hedge fund has not owned GameStop since March 2018, while the purchase of AMC marks