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Bridgewater Associates, the hedge fund founded by Ray Dalio, added new stakes in ARM Holdings (NASDAQ:ARM), closed out its holdings of Chinese tech giant Alibaba (NYSE:BABA), and increased its stakes in Nvidia (NVDA) and Microsoft (MSFT) during Q2 2025, according to its latest 13F filing.
The fund acquired ~474K shares of ARM Holdings (NASDAQ:ARM) valued at $76.6M at June 30, 2025, 58.8K shares of Intuit (INTU) valued at $46.3M, and 787K shares of EQT Corp. (EQT) valued at $45.9M.
It closed stakes in Alibaba (NYSE:BABA), PDD Holdings (PDD), Baidu (BIDU), and JD.com (JD).
The firm increased holdings in Nvidia (NVDA) to 7.22M shares ($1.14B value) from 2.84M shares, Microsoft (MSFT) to ~1.72M shares ($853M) from 809K shares, Alphabet (GOOGL) class A shares to 5.60M shares ($987M) from 3.04M shares, and Meta Platforms (META) to 807.1M shares ($596M) from 425.6K.
It reduced stakes in SPDR S&P 500 ETF (SPY) to 2.62M shares ($1.61B) from 3.34M shares, Constellation Energy (CEG) to 145K ($46.8M) from 941.7K shares, and Apple (AAPL) to 356.8K shares ($73.2M) from 940.4K shares, according to the filing.