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'Big Short' Fame Michael Burry Bets Big On China, Reveals Alibaba As Top Holding — JD.com And Baidu Also Feature On Scion's Portfolio
Warren Buffett Still Holds 400M Apple Shares, Reveals New Investments In Ulta Beauty And Heico — Elon Musk Calls Berkshire Hathaway's $277B Cash Reserves 'Wild'
Apple's Tabletop iPad Robot With Limbs Could Make Its Way To Your Home By 2027: Here's What This Twist On Amazon And Meta Products Might Cost
Hedge fund guru David Tepper firmly holds Chinese concept stocks: he holds JD.com and Ke Holdings, while reducing shareholdings in Alibaba and PDD Holdings.
China stocks and ETFs account for 26% of its fund stock investment portfolio.
Options Market Statistics: Alphabet Stock Drops, Options Pop Amid Breakup Consideration
Bridgewater Associates cut its Apple position by more than 70%, decreased its Nvidia position, increased its Amazon and Microsoft positions.
In Q2, Bridgewater reduced its shareholding of Apple by 1.37 million shares, with a market cap of nearly $0.29 billion, the largest reduction in scale. Eli Lilly and Co was the second largest reduction in shareholding with a reduction of over 0.18 million shares and a market cap of nearly $0.17 billion. Google, which was reduced by nearly 0.83 million shares, is the third largest holding. Nvidia, the fourth largest holding, was reduced by nearly 0.49 million shares, while PDD Holdings was sold off by nearly 0.29 million shares, with a 19% decrease in holding positions. Amazon's shareholding was increased by nearly 1.6 million shares, with a staggering 152% increase in holding positions, making it the sixth largest holding. Microsoft, the seventh largest holding, was increased by 0.51 million shares, an 88% increase, as well as Broadcomm and AMD.