Ray Dalio’s Bridgewater Associates LP filed its 13F form on August 12, 2014 with declared net value of $13,605 million and 66 new positions in the SEC filing. There were some major changes in the top holdings of Bridgewater Associates with 88.91% increase in Apple Inc. (NASDAQ:AAPL)’s shares, 55.18% increase in International Business Machines Corp. (NYSE:IBM)’s shares, and 48.19% increase in Intel Corporation (NASDAQ:INTC)’s shares. These three companies are also the top stock holdings of Bridgewater Associates LP. (See Ray Dalio’s entire portfolio).
Apple Inc. (NASDAQ:AAPL) is among the top holdings in the portfolio of Bridgewater Associates with 572,197 shares and net value of $53 million. The company posted revenue of $37.4 billion for the quarter ending in June 2014 and net profit of $7.7 billion. The cash dividend for every common stock was $0.47 and EPS of $1.28. The other major hedge funds with highest portfolio percentage of Apple Inc. (NASDAQ:AAPL) include Tekne Capital Management (27.34%), Overland Advisors (19.4%), and Roumell Asset Management (15.99%).
International Business Machines Corp. (NYSE:IBM) is another of the top holdings of Bridgewater Associates with 209,520 shares and net value of $37 million. International Business Machines Corp. (NYSE:IBM) reported a revenue of $24.4 billion for second quarter 2014 and EPS of $4.32. IBM purchased shares worth $3.7 billion in this quarter and proposed an enterprise partnership with Apple Inc. (NASDAQ:AAPL). Berkshire Hathaway has 11.82% of its investment portfolio dedicated to Apple’s stocks followed by Kingdom Ridge Capital (5.18%) and Zenit Asset Management AB (4.89%). Find out the complete list of hedge funds investing in International Business Machines Corp. (NYSE:IBM).
Intel Corporation (NASDAQ:INTC) is the third largest holding of Bridgewater Associates with 1,128,253 shares and investment worth $34 million. Intel Corporation (NASDAQ:INTC) reported second quarter 2014 revenue of 13.8 billion and net income of $2.8 billion. Some of the other major funds which have positions on Intel Corporation (NASDAQ:INTC) are Hawkins Capital, Sanborn Kilcollin Partners LLC, and Tekne Capital Management.
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This article has been written by Prakash Pandey and edited by Serkan Unal.