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·達利歐的橋水基金最近在2024年第三季度將其微軟公司（納斯達克:MSFT）股份削減了20％，這標誌着一項顯著的減持行動，這隻股票長期以來一直被認爲是技術支柱。
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.
但是達里奧並非唯一一位放緩腳步的知名投資者；凱西·伍德的ark也削減了微軟的持股，引發了關於大科技在備受關注的投資組合中的未來角色的猜測。
Bridgewater's Q3 Picks
Bridgewater的Q3選擇
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).
布里奇沃特管理了超過177億美元的資產，根據週三提交的美國證券交易委員會文件，將微軟的股票持有量減少了220,169股，將該股票組合權重從2.54%減少到2.12%。此舉發生在達里奧的基金專注於其他資產，其頭部買入傾向於核心指數持倉，例如iShares核心標準普爾500ETF（紐交所：IVV），以及能源和半導體領域的主要參與者，例如康斯特雷仕能源公司（紐交所：CEG）和broadcom corp 8.00% mandatory convertible prf sr a（納斯達克：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.
這一轉變表明布里奇沃特可能正在偏向於具有防禦性和增長導向投資的行業，可能是在尋求在波動的經濟環境中保持穩定性。
Read Also: Bill Gates' Climate Innovation Model Wins Praise From Ray Dalio, Klaus Schwab, But Say $1 Trillion Annual Funding Globally Is Not Enough
閱讀更多：比爾·蓋茨的氣候創新模式贏得雷·達里奧、克勞斯·施瓦布的讚揚，但稱全球1萬億美元的年度資金還不夠
Ark Invest's Microsoft Cutback: A Nod to Innovation Over Stability?
ark對微軟的減持：對創新的認可而非穩定？
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，以其對創新的積極關注而聞名，也減少了對微軟的股票持有量，將其在第三季度的倉位減少了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).
不過，與Bridgewater不同，Ark本季度的熱門購買品是像Tempus AI Inc (納斯達克：TEM)、美國超微公司(納斯達克：AMD)和10X Genomics Inc (納斯達克：TXG)這樣的科技和生物科技公司。
The moves highlight Ark's continued commitment to emerging technology and health care, emphasizing disruptive companies over Big Tech mainstays.
這些舉動突顯了Ark對新興技術和醫療保健的持續承諾，強調對顛覆性公司的關注，而非對大科技巨頭的青睞。
Broader Implications For Big Tech In Institutional Portfolios
大型科技公司在機構投資組合中的廣泛影響
As both Dalio and Wood adjust their positions, the moves reflect distinct investment philosophies but raise questions about Big Tech's evolving appeal.
隨着Dalio和Wood調整其持倉，這些舉動反映了明顯不同的投資理念，但也引發了對大科技正在演變吸引力的疑問。
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.
儘管Bridgewater似乎更注重多元化和韌性，但Ark更傾向於創新，顯示出其對於定位能夠引領未來趨勢的公司的偏好，而非依賴於已有的巨頭。
This mixed approach underscores the evolving role of Big Tech in dynamic portfolios amid a rapidly shifting economic and innovation landscape.
這種混合方法凸顯了在經濟和創新格局迅速變化的大背景下，大型科技在動態投資組合中的不斷演變的角色。
Microsoft President
微軟總裁
