Bridgewater Associates, the world’s biggest hedge fund, has almost doubled its short bets against European stocks in the past week, according to a report by Bloomberg.
The firm, which was founded by Ray Dalio, now holds $10.5 billion in short positions including individual bets of over $50 million against several firms including ASML Holding NV, TotalEnergies SE, Sanofi and SAP SE.
All 28 of the companies shorted by Bridgewater are included in the Euro Stoxx 50 index.
