Tesla overnight at 362 on news of BridgeWater 建倉

Billionaire investor Ray Dalio's Bridgewater Associates took a new stake in Tesla ，disclosed in  its latest 13F filing

Comapnies they added

• The fund picked up 153.6K shares in the Elon Musk-led electric vehicle maker.
• It also took new stakes of 56.4K shares in workflow digitization platform ServiceNow (NOW), 605.8K shares in vaccine maker Moderna (MRNA) and 704.1K shares in utility PPL (PPL).
• significantly raised its stake in telecom major AT&T (T) to 6.48M shares in Q4 from 1.29M in Q3.
•  doubled its position in payment technology firm PayPal (PYPL) to 2.36M shares.
• Other increases include an 85.6% surge in marketing company AppLovin (APP) to 492.9K class A shares, and a 58.9% jump in power generator Vistra (VST) to 1.77M shares.

Companies they cut

• Dalio's Bridgewater exited its stakes in memory chipmaker Micron (NASDAQ:MU)
• Applied Materials (AMAT). Bridgewater decreased its position in the largest U.S. semiconductor equipment maker by 97.2% to 16.5K shares.
• slashed its holdings in retail giant Walmart (WMT) by 72.6% to 779.5K shares,
• Tide and Gillette owner Procter & Gamble (PG) by 72.5% to 439.6K shares
•  soft drinks company Coca-Cola (KO) by 68.5% to 702.3K shares,
• pharmaceutical major Johnson & Johnson (JNJ) by 63.4% to 537.9K shares.

Ray Dalio's Bridgewater is one of the largest hedge funds in the world. According to Forbes, Dalio's real time net worth is $14B.