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Bridgewater Adds to Microsoft, Sells SPDR S&P 500 Etf, Exits Ups

2015-02-12 18:43:09| Trucking - Topix.net

Ray Dalio, billionaire and founder of Bridgewater Associates LP, pauses during a session on day two of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2015. Photographer: Jason Alden/Bloomberg -- Bridgewater Associates LP added shares of Microsoft Corp. last quarter, sold stock in SPDR S&P 500 ETF Trust and exited United Parcel Service Inc. The hedge fund added 586,400 shares of Microsoft and the value of its stake increased by $27.2 million to $27.9 million as of Dec. 31, the biggest increase among previously disclosed holdings, according to a quarterly filing with the Securities and Exchange Commission.

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