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Managers Cut Equity Exposure, Filings Show
While filings can be misinterpreted, an analysis of the latest round of 13F disclosures clearly signals that managers are cutting exposure to stocks.
Raymond Dalio, Bridgewater Associates (Bloomberg) Several of the smartest, most successful current and former hedge fund managers sharply cut their U.S. equity exposure in the third quarter, according to a review of the most recent quarterly disclosures. The managers include luminaries such as George Soros, Stanley Druckenmiller, David Tepper, Raymond Dalio, Louis
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