Ray Dalio's Bridgewater boosts stakes in Visa, Mondelez, Microsoft, exits Medtronic
Kimberly White


Bridgewater Associates, the hedge fund founded by billionaire investor Ray Dalio nearly five decades ago, increased its investments in Visa (NYSE:V) to 1.21M shares from 491K shares, Mondelez (NASDAQ:MDLZ) to 3.44M shares from 70K shares, Microsoft (NASDAQ:MSFT) to 319K shares from 124K shares, and Alphabet (NASDAQ:GOOGL) to 1.46M shares from 49K shares, during the third quarter, according to its recent 13F filing.

Opened new investments in Accenture (NYSE:ACN), with 113K shares, Antero Resources (NYSE:AR), with 168K shares, and Honeywell International (NASDAQ:HON), with 147K shares.
The firm got rid of its positions in Medtronic (NYSE:MDT) and Intel (NASDAQ:INTC).
Pared holdings in S&P 500 ETF Trust (NYSEARCA:SPY) to 1.46M shares from 1.84M shares, and in Berkshire Hathaway (NYSE:BRK.B) to 250K shares from 571K shares.
Previously, (Oct. 4) Ray Dalio ended his control of Bridgewater.