Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dump.. – Business Insider

Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dump.. – Business Insider


Ray Dalio
  • Investing legend Ray Dalio’s hedge fund poured millions into Alibaba, Walmart, and Coca Cola, and sold some positions in Chinese equity ETFs in the third quarter this year.
  • The billionaire also invested heavily in McDonald’s, Abbott Labs, Procter & Gamble, and Johnson & Johnson.
  • While the fund’s largest withdrawal was from an ETF that tracks large-cap US equities, it sold out positions worth several millions in three China ETFs.
  • Dalio also pumped over $100 million in two ETFs that track emerging markets.
  • Earlier this week, he said investors should not own bonds or cash right now.
  • Visit Business Insider’s homepage for more stories.

Ray Dalio’s Bridgewater Associates poured millions into some of the world’s biggest companies and ditched several holdings in China ETFs, according to a 13F filed with the US SEC

The investor who founded the world’s largest hedge fund now owns a position worth $392 million in Alibaba, $195 million in Walmart, and $100 million in Coca Cola, the filing showed. 

Dalio already owned stock in Alibaba but the other two investments are new. He also invested substantially in McDonald’s, Abbott Labs, Estee Lauder, Mondelez, Procter & Gamble, Johnson & Johnson, and Danaher.  

The billionaire, who has long been an advocate of going all-in on investment in China, decreased his positions
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