TipRanks’ Hedge Fund Tool Hinted at Dalio’s Move to Part Ways with Tesla
May 18 2022 - 09:24AM
TipRanks
In the first quarter of 2022, American investor Ray Dalio sold all
of his stake in Tesla (TSLA) and bought meme stocks like AMC
Entertainment (AMC) and GameStop (GME). Dalio is a billionaire
investor and a hedge fund manager. He is also the
Co-Chief Investment Officer of Bridgewater Associates, one of
the world's largest investment management firms. As per
Forbes, as of January 21, 2022, Dalio had an estimated net worth of
$20 billion. Transaction Details In Bridgewater’s latest filing,
Tesla’s 25,500 shares worth $27 million (as of December 2021)
were missing, indicating that the hedge fund manager divested his
stake.
https://www.tipranks.com/news/tipranks-hedge-fund-tool-hinted-at-dalios-move-to-part-ways-with-tesla?utm_source=advfn.com&utm_medium=referral
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