Billionaire Ray Dalio Sold Nvidia Stock. Should You Follow?

Investors get a peek into what hedge funds are doing with their money every quarter. The SEC requires institutional investors to file a 13F once they pass $100 million in assets. These reports are released 45 days after the end of the calendar quarter and disclose current positions.Billionaire hedge fund manager Ray Dalio and his firm Bridgewater Associates made an interesting move during the third quarter. They sold Nvidia (NASDAQ: NVDA) stock. They reduced their position sizing by about a quarter, selling 1.8 million shares, worth around $212 million if the average price for Q3 is used. Should investors follow in Dalio's footsteps and sell off some of their Nvidia positions? Or is this move being made for different reasons?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool