Bridgewater Q4 holdings: Increased Chinese concept stocks; Sold out amazon, Oracle

Hedge fund Bridgewater continued to increase its holdings of Chinese concept stocks in the fourth quarter, according to its latest 13F filing.

$PDD Holdings(PDD.US)$ , $JD.com(JD.US)$ , $Alibaba(BABA.US)$ and other Chinese e-commerce stocks were added by around 30%, shares of Nio, Baidu and other holdings were increased as well.

The documents show that In the fourth quarter, Bridgewater built positions in 137 stocks including $Mondelez International(MDLZ.US)$ , $Crown Castle(CCI.US)$ , $Kanzhun(BZ.US)$ and $IBM Corp(IBM.US)$ , and increased its holdings in 299 stocks or ETFs including $Procter & Gamble(PG.US)$ , $PepsiCo(PEP.US)$ , $McDonald's(MCD.US)$ , $Abbott Laboratories(ABT.US)$ , $Johnson & Johnson(JNJ.US)$ , $Starbucks(SBUX.US)$ and $Pfizer(PFE.US)$ .

$Walmart(WMT.US)$ , $JPMorgan(JPM.US)$ , $Bank of America(BAC.US)$ , $Wells Fargo Holdings(BK2638.US)$ and other 292 stocks or ETFs were reduced.

The agency also liquidated $Amazon(AMZN.US)$ , $MasterCard(MA.US)$ , $Oracle(ORCL.US)$ , $Netflix(NFLX.US)$.