Bridgewater adds new stakes in chip makers and boosts GE bet, while selling off Boeing, Delta, UPS holdings

Bridgewater Associates LP has disclosed that the worth of its equity holdings arsenic of the extremity of the 2nd 4th accrued by 37.5% from the extremity of the archetypal quarter, portion the S&P 500 SPX, +0.10% accrued conscionable 8.2% implicit the aforesaid time. The hedge money manager's largest institution holding successful presumption of worth arsenic of June 30 was Walmart Inc. WMT, +0.24%, with the money expanding its ownership by 51% successful 3 months to $736.5 million, portion its holding of rival discount retailer Target Inc. TGT, -0.27% grew 91% to $216.3 million. Among different changes the money made to its holdings during the 2nd quarter, it reduced its holding successful Tesla Inc. TSLA, -0.85% by 31% to $17.15 million; it adhd caller investments successful chipmakers Nvidia Corp. NVDA, +1.12% worthy $16.9 million, Advanced Micro Devices Inc. AMD, +3.78% worthy $10.4 million, Intel Corp. INTC, -0.22% worthy $2.0 cardinal and Micron Technology Inc. MU, +0.50% worthy $18.4 million; it sold disconnected its stakes successful Delta Air Lines Inc. DAL, -1.58% and Southwest Airlines Co. LUV, -1.24%, portion adding a caller $1.6 cardinal involvement successful United Airlines Holdings Inc. UAL, -1.75% ; it sold disconnected its stakes successful United Parcel Service Inc. UPS, +0.19% and Boeing Co. BA, -1.46%, but added caller stakes successful Caterpillar Inc. CAT, -0.80% ($18.8 million) and Deere & Co. DE, -0.40% ($26.6 million); added a $1.6 cardinal stake connected Carnival Corp. CCL, -2.31% ; and boosted its involvement successful General Electric Co. GE, -1.46% by astir 29 times to $18.6 cardinal from astir $650,000.