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Billionaire Ray Dalio Is Selling These 10 Tech Stocks

In this article, we discuss the 10 tech stocks that billionaire Ray Dalio is selling. If you want to read about some more stocks in the Ray Dalio portfolio, go directly to Billionaire Ray Dalio Is Selling These 5 Tech Stocks.

Ray Dalio, the chief of Bridgewater Associates, is one of the biggest Chinese bulls on the stock market. Dalio manages an equity portfolio at his hedge fund that was worth more than $23 billion at the end of the second quarter of 2022. In late November last year, Dalio raised more than $1.2 billion for an investment fund in China backed by Bridgewater, beating out rivals like BlackRock to the punch. Bridgewater also became one of the largest American money managers in the country as a result of this fund-raising. 

However, it seems that as the Chinese economy has slowed down in recent months, largely due to a prolonged trade war with the United States, the supply chain issues resulting from the pandemic, and a domestic real estate crash that is threatening a recession, Dalio is walking back on his bullish Chinese sentiments. His bearish outlook extends to the tech sector in general, where he has been shedding risky firms from his portfolio in anticipation of a global slowdown in the finance world. 

Some of the top stocks in the Bridgewater portfolio at the end of the second quarter of 2022 included Walmart Inc. (NYSE:WMT), The Coca-Cola Company (NYSE:KO), and The Procter & Gamble Company (NYSE:PG). During the second quarter, the value of the equity portfolio of Bridgewater decreased by around $1 billion. In this period, Dalio made new purchases in 116 stocks, sold out of 99, reduced holdings in 256, and made additional purchases in 612 stocks. The top ten holdings comprise over 29% of the overall portfolio. 

Our Methodology

These were picked according to the investment portfolio of Bridgewater Associates at the end of the second quarter of 2022. Only stocks that were sold off completely in the second quarter, compared to filings for the first quarter of the year, were selected. The analyst ratings of each company are also discussed to provide readers with some more context about their investment decisions. Data from around 900 elite hedge funds tracked by Insider Monkey in the second quarter of 2022 was used to identify the number of hedge funds that hold stakes in each firm.

Ray Dalio of Bridgewater Associates

Billionaire Ray Dalio Is Selling These Tech Stocks

10. DiDi Global Inc. (NYSE:DIDI)

Number of Hedge Fund Holders: 2

DiDi Global Inc. (NYSE:DIDI) is a Chinese mobility technology platform. In late July, the company was fined $1.2 billion by the cybersecurity regulator in China. The probe into the firm had begun almost a year ago after the company listed in New York amid scrutiny from Beijing. The fines were related to breaking laws concerning cybersecurity, data security, and personal information protection, per Chinese authorities. The fine is around 4% of the annual revenues of the company, as per 2021 figures. 

In early June, DiDi Global Inc. (NYSE:DIDI) announced that it was considering buying the electric-vehicle unit of Sinomach Automobile, a state-backed firm in China. The purchase would cost the firm in excess of $150 million. 

At the end of the second quarter of 2022, 2 hedge funds in the database of Insider Monkey held stakes worth $6 million in DiDi Global Inc. (NYSE:DIDI), compared to 15 in the preceding quarter worth $30 million. 

Just like Walmart Inc. (NYSE:WMT), The Coca-Cola Company (NYSE:KO), and The Procter & Gamble Company (NYSE:PG), DiDi Global Inc. (NYSE:DIDI) is one of the stocks feeling the heat of an economic slowdown. 

In its Q1 2022 investor letter, Horos Asset Management, an asset management firm, highlighted a few stocks and DiDi Global Inc. (NYSE:DIDI) was one of them. Here is what the fund said:

“DiDi Global Inc. (NYSE:DIDI) (the so-called Chinese Uber) recently announced that on May 23 it will vote at an Extraordinary General Shareholders’ Meeting on whether the company will continue to be listed on the U.S. stock exchange. In addition, it communicated that, although it is considering alternatives, it has no plans to list on other markets before its shares are delisted in the United States. Investor reaction was swift, with the company’s share price tanking by around 20% in a single day.

In the case of Didi Global, the accusation by the Cyberspace Administration of China that its IPO was conducted without completing a state data security audit is having an even greater impact. This has led to significant pressure from the government, cancelling many of the company’s mobile apps and hurting its business. All in all, Didi Global has collapsed by 87% since its IPO just under a year ago. Although some media commented that Didi Global would possibly recover these apps once it was delisted in the United States, it seems that the Chinese government is not very happy with the fines that were agreed between the company and the CAC, which may explain the delay in its potential listing on the Hong Kong Stock Exchange. This is certainly a clear indication of the extent to which China is willing to preserve certain information from the scrutiny of the United States.”

9. Bilibili Inc. (NASDAQ:BILI)

Number of Hedge Fund Holders: 25 

Bilibili Inc. (NASDAQ:BILI) provides online entertainment services. The stock has jumped in recent weeks after reports suggest that the US government has reached an agreement with Chinese authorities with regards to auditing. The US government had earlier asked Chinese firms listed in the US to comply with independent audits, sending the shares of Chinese firms nose-diving since it was assumed that Beijing would not allow such measures. A slowdown in the Chinese economy had also hurt Chinese stocks in the US. 

In early August, Goldman Sachs analyst Lincoln Kong maintained a Neutral rating on Bilibili Inc. (NASDAQ:BILI) stock, noting that the firm had received an approval from the Chinese government for the monetization of a promising online game. 

At the end of the second quarter of 2022, 25 hedge funds in the database of Insider Monkey held stakes worth $491 million in Bilibili Inc. (NASDAQ:BILI), compared to 24 in the preceding quarter worth $468 million. 

8. Guidewire Software, Inc. (NYSE:GWRE)

Number of Hedge Fund Holders: 28  

Guidewire Software, Inc. (NYSE:GWRE) provides software products for the insurance industry. In early June, the firm posted earnings for the third fiscal quarter, reporting losses per share of $0.26, beating market estimates by $0.02. The revenue over the period was $197 million, up more than 20% compared to the revenue over the same period last year and beating estimates by $9.7 million. The firm also revealed that annual recurring revenue was $637 million as of April 30, compared to $582 million as of July 2021. 

On August 30, DA Davidson analyst Peter Heckmann maintained a Buy rating on Guidewire Software, Inc. (NYSE:GWRE) stock and lowered the price target to $96 from $114, backing the firm to beat market estimates on earnings in the next few months. 

Among the hedge funds being tracked by Insider Monkey, California-based investment firm Stockbridge Partners is a leading shareholder in Guidewire Software, Inc. (NYSE:GWRE), with 4.9 million shares worth more than $348 million. 

In its Q2 2022 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and Guidewire Software, Inc. (NYSE:GWRE) was one of them. Here is what the fund said:

“Guidewire Software, Inc. (NYSE:GWRE), the leader in P&C insurance core systems software, reported outstanding financial results in June that included record new deal activity and 49% growth in its core recurring subscription revenue line. Guidewire has invested heavily to transition its software to be delivered in the cloud and is now benefiting from a virtuous cycle of customer adoption.”

7. Shopify Inc. (NYSE:SHOP)

Number of Hedge Fund Holders: 60

Shopify Inc. (NYSE:SHOP) provides a commerce platform and related services. Bridgewater sold off the entire stake it had in the firm during the second quarter of 2022. 

At the end of the second quarter of 2022, 60 hedge funds in the database of Insider Monkey held stakes worth $3.2 billion in Shopify Inc. (NYSE:SHOP), compared to 72 in the preceding quarter worth $5.7 billion. 

In its Q1 2022 investor letter, Polen Capital, an asset management firm, highlighted a few stocks and Shopify Inc. (NYSE:SHOP) was one of them. Here is what the fund said:

“We added to the Portfolio’s position in e-commerce company Shopify Inc. (NYSE:SHOP) in the first quarter after a sharp share-price decline. This brought the Portfolio’s weighting in the company to 2%. We believe Shopify provides a uniquely positioned platform, and we like the company’s strategy of continuing to invest in its business in an effort to strengthen its competitive advantages. The market’s affinity for businesses like Shopify Inc. (NYSE:SHOP) may have changed, which created an opportunity for us to build our position in the company at what we believed to be compelling valuations.”

6. Honeywell International Inc (NASDAQ:HON)

Number of Hedge Fund Holders: 42  

Honeywell International Inc. (NASDAQ:HON) is a diversified technology and manufacturing company. The company has an impressive dividend history stretching back close to two decades. It has paid a consistent dividend to shareholders for the last nineteen years. Over the past eleven years, this payout has registered consistent growth as well, in a sector where the median in this regard is just two years. In late July, the firm declared a quarterly dividend of $0.98 per share, in line with previous. The forward yield was 2.05%. 

On July 29, JPMorgan analyst Stephen Tusa maintained an Overweight rating on Honeywell International Inc. (NASDAQ:HON) and raised the price target to $190 from $180, appreciating the second quarter earnings beat of the firm. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm DE Shaw is a leading shareholder in Honeywell International Inc. (NASDAQ:HON), with 1.2 million shares worth more than $220 million. 

In addition to Walmart Inc. (NYSE:WMT), The Coca-Cola Company (NYSE:KO), and The Procter & Gamble Company (NYSE:PG), Honeywell International Inc. (NASDAQ:HON) is one of the stocks that elite investors are monitoring. 

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Disclosure. None. Billionaire Ray Dalio Is Selling These 10 Tech Stocks is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

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This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

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This company is completely debt-free.

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It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

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