Bridgewater Associates, the hedge fund previously run by legendary investor Ray Dalio, is the largest hedge fund in the world with more than $235 billion in assets under management.

Needless to say, Bridgewater has had tremendous success since it was founded in 1975. Recently, the fund reported its 13F filing, which details the stocks it bought and sold in the fourth quarter of 2022.

While Bridgewater owns hundreds of stocks, it is clear the hedge fund bulked up in one sector in particular in the fourth quarter. Let's take a look.

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Source Fool.com