Three years into Nir Bar Dea's revitalization, Bridgewater Associates is leaner with record 2025 performance from its flagship macro fund. Two of seven institutional owners sold shares back at a discount, and the Teacher Retirement System of Texas is selling after a 9% valuation cut. Smaller funds risk reducing management fees.
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Summary by ByteBrief
Argosy Investors Trimmed Wayfair (W) for Valuation Purposes