Short bets by the Dax companies lowered below the notification threshold

Dusseldorf Billionaire Ray Dalio caused a stir in mid-June when he and his hedge fund Bridgewater bet on falling stock prices in 29 of Europe’s 50 largest companies. He has now reduced all of his German positions below the reportable threshold. This comes from data from the Federal Gazette.

This does not mean that he is closing his “short positions”. However, they cannot be traced any further now. Because the European authorities only publish the positions if they relate to at least 0.5 percent of the freely tradable shares of a company. However, Dalio has trimmed its positions to 0.49 percent or less.

In the Dax, Dalio reduced its positions below the reporting threshold in a total of eleven companies: At Adidas, Deutsche Post, Infineon, SAP, Siemens and Vonovia, the last reported short position is 0.49 percent each. At Allianz, BASF, Bayer, Deutsche Börse and Munich Re it is 0.48 percent each.