Billionaire investor reduces stake in technology companies

Renowned investor Ray Dalio decreased his holdings in technology giants, known as the Fab Five, in the fourth quarter. Billionaire investor Ray Dalio made sales in technology stocks in the fourth quarter. Ray Dalio, founder and CEO of Bridgewater Associates, one of the world’s largest hedge funds, announced portfolio updates. Highlighting Dalio’s decision to reduce his stake in some of the technology giants known as the Fab Five. During this period, the famous investor reduced his holdings in Alphabet by 17%, Nvidia by 26%, and Meta Platforms by 23%. Additionally, he made sales of 23% in Microsoft and 35% in Amazon. Bridgewater’s company terminated its positions in Micron, SuperMicro, Goldman Sachs, Spotify, and Netlif.