Bridgewater Associates, the world’s largest hedge fund by AUM, made a series of notable portfolio adjustments in the fourth quarter, increasing exposure to technology and healthcare stocks while exiting positions in telecoms and pharmaceuticals, according to a report by Barron’s.
The report cites a recent regulatory filing as showing that the firm sold its entire holding in AT&T, disposing of 37,777 shares during the quarter. The move meant Bridgewater missed a sharp rally in the wireless ca...
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