News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Hedge Funds

Dalio’s Bridgewater ups shorts against Europe stocks to €9bn as recession ‘more likely’

Bridgewater's European short bets include stocks such as SAP, Siemens and Adidas

Ray Dalio, founder of Bridgewater Associates, is increasing his short positions in stocks including Bayer, Allianz and Santander
Ray Dalio, founder of Bridgewater Associates, is increasing his short positions in stocks including Bayer, Allianz and Santander Photo: Jeenah Moon/Getty Images

Ray Dalio’s Bridgewater has amped up his bet against European stocks by some 500%.

Bridgewater earlier this month disclosed a range of short bets in excess of €1.5bn, according to analysis of regulatory filings by research firm Breakout Point. The hedge fund's most recent filings show that it now holds close to €9bn in short positions.

WSJ Logo