Why Did This Massive Hedge Fund Company Sell General Electric?

Motley Fool – The latest 13F season is commencing, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major investors have been buying and selling.

For example, consider Bridgewater Associates, one of the world’s largest hedge fund companies. According to its recently released 13F statement, Bridgewater Associates sold all of its shares of General Electric Company (NYSE: GE ) . Bridgewater’s stake in GE had been worth more than $10 million, which sounds like a lot but really was rather minor considering that its reportable stock portfolio’s value tops $12 billion. It’s not clear exactly why the shares were sold, but in some cases, when a big investment management company sells a small position in a stock, it could merely be a matter of clearing it out of a client’s account, upon request.

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