Ray Dalio's Bridgewater takes fresh stakes in Rivian, Amazon, exits Alibaba, JD.com
Kimberly White


Ray Dalio's Bridgewater Associates took new stakes in electric-vehicle startup Rivian Automotive (NASDAQ:RIVN), acquiring 62.8K shares, ecommerce giant Amazon (NASDAQ:AMZN), buying 149.2K shares and Sea (SE) with 459.2K shares during the second quarter, it recently disclosed in a 13F filing.

The fund exited stakes in Alibaba (NYSE:BABA) and JD.com (JD).
Boosted its holdings in Meta Platforms (NASDAQ:META) to 586.6K shares from 10.9K shares, Alphabet (GOOGL) to 49.1K shares from 1.7K shares, CVS Health (CVS) to 3.14M shares from 1.21M shares, and Mastercard (MA) to 485.2K shares from 36.1K shares.
Trimmed down its positions in PepsiCo (PEP) to 3.81M shares from 4.17M shares, Linde (LIN) to 52.5K shares from 276.3K shares, and Procter & Gamble (PG) to 6.74M shares from 6.82M shares.
In the first quarter, Bridgewater Associates invests in Berkshire Hathaway, exits Tesla.