In a recent 13F filing, Ray Dalio's Bridgewater Associates revealed a significant reduction in its stake in Arista Networks (ANET) during the second quarter of 2026. The influential investment firm sold over 1 million shares, cutting its position by approximately 81% to 254,28K shares. This trade reduced the value of its holding from $163.31 million to $43.20 million.
Investors should note that 13F filings are submitted to the SEC up to 45 days after the end of a quarter, so these trades occurred between March 31 and June 30, 2026. During that period, Arista Networks reported strong financial results, beating expectations with its first $3 billion revenue quarter, driven by high demand for its AI networking infrastructure. While Bridgewater has not publicly commented on this specific trade, its filings from the first quarter of 2026 showed a broader strategy of rotating capital into companies central to AI infrastructure.