Ray Dalio's Bridgewater Cuts Stake In Microsoft Stock By 20% – Is Big Tech Losing Its Shine?
Ray Dalio's Bridgewater Cuts Stake In Microsoft Stock By 20% – Is Big Tech Losing Its Shine?
The pivot suggests Bridgewater may be rebalancing in favor of sectors with defensive and growth-oriented plays, possibly seeking stability amid a fluctuating economic environment.Ray Dalio's Bridgewater Associates recently trimmed its Microsoft Corp (NASDAQ:MSFT) stake by 20% in the third quarter 2024, marking a notable reduction in a stock long considered a tech stalwart.
雷·达利奥旗下的桥水联合公司最近在2024年第三季度将其微软公司（纳斯达克股票代码：MSFT）的股份削减了20％，这标志着长期以来被认为是科技巨头的股票大幅减少。
But Dalio isn't the only prominent investor easing back; Cathie Wood's Ark Invest also trimmed its position in Microsoft, sparking speculation on the future role of Big Tech in high-profile portfolios.
但是，达利奥并不是唯一一个放松投资的知名投资者；凯西·伍德的方舟投资也削减了在微软的头寸，引发了人们对大型科技公司未来在备受瞩目的投资组合中的作用的猜测。
Bridgewater's Q3 Picks
布里奇沃特的第三季度精选
Bridgewater, managing over $17.7 billion, cut its Microsoft stock holding by 220,169 shares, reducing the stock's portfolio weight from 2.54% to 2.12%, according to a Wednesday SEC filing. This shift came as Dalio's fund focused on other assets, with its top buys leaning heavily toward core index holdings, like the iShares Core S&P 500 ETF (NYSE:IVV), and major players in energy and semiconductor sectors, like Constellation Energy Corp (NYSE:CEG) and Broadcom Inc (NASDAQ:AVGO).
美国证券交易委员会周三的一份文件显示，管理着超过177亿美元的桥水公司削减了220,169股微软股票，将该股的投资组合权重从2.54％降至2.12％。这种转变是在达利奥的基金专注于其他资产之际发生的，其最大买入量主要集中在核心指数持股上，例如iShares Core标准普尔500指数ETF（纽约证券交易所代码：IVV），以及能源和半导体行业的主要参与者，例如星座能源公司（纽约证券交易所代码：CEG）和博通公司（纳斯达克股票代码：AVGO）。
The pivot suggests Bridgewater may be rebalancing in favor of sectors with defensive and growth-oriented plays, possibly seeking stability amid a fluctuating economic environment.
这一支点表明，布里奇沃特可能正在进行再平衡，转而支持具有防御性和增长导向的行业，可能在经济环境波动中寻求稳定。
Read Also: Bill Gates' Climate Innovation Model Wins Praise From Ray Dalio, Klaus Schwab, But Say $1 Trillion Annual Funding Globally Is Not Enough
另请阅读：比尔·盖茨的气候创新模式赢得了雷·达利奥、克劳斯·施瓦布的称赞，但他说全球每年1万亿美元的资金还不够
Ark Invest's Microsoft Cutback: A Nod to Innovation Over Stability?
Ark Invest 的微软削减措施：向创新致敬而不是稳定性？
Wood's Ark Invest, known for its aggressive focus on innovation, also pared down its Microsoft stock holding, reducing its position by 11.05% in the third quarter.
伍德的Ark Invest以积极关注创新而闻名，该公司也削减了其微软的持股量，在第三季度将其持股量减少了11.05％。
Unlike Bridgewater, however, Ark's top buys this quarter were technology and biotech names like Tempus AI Inc (NASDAQ:TEM), Advanced Micro Devices Inc (NASDAQ:AMD) and 10X Genomics Inc (NASDAQ:TXG).
但是，与桥水公司不同，Ark本季度最受买入的是科技和生物技术公司，例如Tempus AI Inc（纳斯达克股票代码：TEM）、Advanced Micro Devices Inc（纳斯达克股票代码：AMD）和10X Genomics Inc（纳斯达克股票代码：TXG）。
The moves highlight Ark's continued commitment to emerging technology and health care, emphasizing disruptive companies over Big Tech mainstays.
这些举措凸显了方舟对新兴技术和医疗保健的持续承诺，强调颠覆性公司而不是大型科技公司的支柱。
Broader Implications For Big Tech In Institutional Portfolios
对机构投资组合中大型科技公司的更广泛影响
As both Dalio and Wood adjust their positions, the moves reflect distinct investment philosophies but raise questions about Big Tech's evolving appeal.
随着达利奥和伍德都调整头寸，这些举措反映了不同的投资理念，但引发了人们对大型科技公司不断变化的吸引力的质疑。
While Bridgewater seems to prioritize diversification and resilience, Ark's lean toward innovation shows a preference for companies positioned to drive future trends rather than rely on established giants.
尽管桥水似乎优先考虑多元化和韧性，但方舟对创新的倾向表明，他们更倾向于推动未来趋势的公司，而不是依赖知名巨头。
This mixed approach underscores the evolving role of Big Tech in dynamic portfolios amid a rapidly shifting economic and innovation landscape.
这种混合方法凸显了在快速变化的经济和创新格局中，大型科技公司在动态投资组合中的作用不断演变。
Microsoft President
微软总裁
