May 15th$Bridge Water position (BK2122.US) $According to the position report for the first quarter ended March 31, 2021, the overall portfolio market capitalization reached $11.34 billion, with the total position market value down 1.9 per cent month-on-month due to stock market fluctuations.

According to the bank's filings with the Securities and Exchange Commission (SEC), as of the end of March, Qiaoshui newly entered 127stocks, increased its holdings by 204stocks and cleared 197stocks.

The top ten positions accounted for 38.92%, with the S & P 500 at the top.

Among the top ten securities held by Qiaoshui, the consumer giant Walmart Inc is more familiar to investors.$Walmart Inc (WMT.US) $、$Procter & Gamble Co (PG.US) $、$BABA (BABA.US) $、$Coca-Cola Company (KO.US) $、$Johnson & Johnson (JNJ.US) $、$PepsiCo Inc (PEP.US) $.

In addition, there is a lot of index ETF in the bridge water position. Among themS & P 500 ETF-SPDR (SPY.US) $Ranked first, with a market capitalization of $1.2 billion, followed by$emerging Markets ETF-Vanguard MSCI (VWO.US) $$Gold ETF-SPDR (GLD.US) $And$emerging Markets core ETF-ishares (IEMG.US) $Ranked eighth and tenth respectively.

The top ten positions accounted for 38.92% of the total market value of positions in the quarter.

Substantially increase the holdings of the consumer sector, reducing positions index ETF

In terms of the proportion of increasing holdings, Qiaoshui significantly increased its holdings in the consumer sector in the first quarter, such as$Procter & Gamble Co (PG.US) $、$Lowe's Companies Inc (LOW.US) $、$Coca-Cola Company (KO.US) $、$Johnson & Johnson (JNJ.US) $And$Walmart Inc (WMT.US) $.

The top five reduced positions are all index ETF, such as$Gold ETF-SPDR (GLD.US) $、$emerging Markets ETF-iShares MSCI (EEM.US)、$Gold Trust ETF-iShares (IAU.US) $、S & P 500 ETF-iShares (IVV.US) $、S & P 500 ETF-SPDR (SPY.US) $.

Other concerns

It is worth noting that Qiaoshui Q1 has reduced its position.$BABA (BABA.US) $190000 shares, with a current market capitalization of about 300 million US dollars.

It also significantly reduced its positions in gold index funds.$Gold ETF-SPDR (GLD.US) $.

However, the bridge water has been added to Q1.$Tesla, Inc. (TSLA.US) $The current market capitalization of the position is about 24 million US dollars.