August 16, 2025

Wall Street’s top hedge funds are buzzing with new excitement for Big Tech! Bridgewater Associates, Tiger Global Management, and Discovery Capital all pumped up their investments in famous tech giants during the June quarter. The reason? A big boom in artificial intelligence has made these stocks shine brighter than ever. Earlier this year, hedge funds were worried. Trade wars and rising inflation made investors nervous. These fears cooled bets on Big Tech, especially the so-called "Magnificent Seven" stocks, which include giants like Nvidia and Microsoft. But guess what? Tech stocks bounced back hard! The S&P 500 has jumped 10% this year, thanks largely to these tech giants, which now make up nearly a third of the index's total market value. Hedge funds aren’t just sticking to Big Tech. Some, like Lone Pine and Discovery, also took chances on UnitedHealth Group. This insurer has had a rough year, down 46%, dealing with rising costs, a government probe, a cyberattack, and tragic violence involving a former executive. Still, big names like Berkshire Hathaway and Soros Fund Management saw big value there. Bridgewater Associates, led by Ray Dalio, went full throttle on Nvidia, more than doubling its shares to 7.23 million, worth $1.14 billion. It also pumped up shares in Alphabet (Google’s parent company) and Microsoft by 84.1% and 111.9% respectively. Other AI-related stars like Broadcom and Palo Alto Networks also caught their eye. Discovery Capital, headed by Rob Citrone, who made a 52% profit last year, is diving deeper into Latin America by doubling its stake in wireless giant America Movil. Discovery also doubled its Meta Platforms (Facebook) shares and bought into Nvidia-backed cloud provider CoreWeave. And they added 13% more UnitedHealth shares. Tiger Global’s big boss Chase Coleman loaded up on Amazon, Alphabet, Nvidia, Microsoft, and Meta during Q2. He picked up 4 million more Amazon shares, now owning 10 million worth $2.34 billion. Tiger Global also gobbled up more shares of Lam Research, an important player in chip-making equipment. Coatue Management, run by Philippe Laffont, jumped into new AI-related stocks like Arm Holdings and Oracle, spending about $750 million and $843 million respectively. They also added a giant stake in Nvidia-supported CoreWeave, valuing it at a whopping $2.9 billion. Finally, Lone Pine Capital took a fresh jump into UnitedHealth Group, buying 1.69 million shares worth around $528 million. What’s the big picture? Hedge funds are all-in on artificial intelligence and Big Tech, betting that this wave of innovation will keep their profits sizzling hot. Meanwhile, they are cutting down on slower-moving sectors like aerospace and retail, chasing stocks that spark momentum and growth. With these mega investors driving the market, AI and Big Tech are the dazzling stars of the show right now!

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Tags: Hedge funds, Big tech, Artificial intelligence, Stock market, Nvidia, Unitedhealth group,