Ray Dalio’s Bridgewater Sells Adobe, Apple, Amazon, Microsoft Stakes
Bridgewater Associates, helmed by Ray Dalio, sold its Adobe stake along with shares in Apple, Amazon and Microsoft during its latest rebalancing. The move underscores Dalio’s reduced exposure to US technology and marks a significant rotation in one of the largest hedge funds.
1. Bridgewater Exits Adobe Stake
Bridgewater Associates, led by Ray Dalio, fully exited its Adobe position in a recent portfolio rebalancing move. The sale removes the fund’s exposure to Adobe, which was previously a core component of its US technology allocation.
2. Reduction in Apple, Amazon and Microsoft
The fund concurrently reduced holdings in Apple, Amazon and Microsoft, scaling back its stake across major US tech names. This broader reduction reflects Dalio’s reassessment of technology valuations and growth prospects in the current macro environment.