Back to today’s briefing

Story perspectives

Hedge Funds Slash Nvidia, Alphabet Stakes; Boost Adobe, Netflix

11/15/2025

29 6

Summary

Story summary

In the third quarter of 2025, hedge funds including Bridgewater Associates reduced stakes in Nvidia and Alphabet.
Bridgewater Associates cut its Nvidia stake by 65.3% and its Alphabet stake by more than 50%.
The firm redirected capital toward application software and payments, boosting holdings in Adobe and Netflix.
Discovery Capital initiated positions in Alphabet and health insurers.

1 of 1

Story summary

In the third quarter of 2025, hedge funds including Bridgewater Associates reduced stakes in Nvidia and Alphabet.
Bridgewater Associates cut its Nvidia stake by 65.3% and its Alphabet stake by more than 50%.
The firm redirected capital toward application software and payments, boosting holdings in Adobe and Netflix.
Discovery Capital initiated positions in Alphabet and health insurers.