Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
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Bridgewater reduced its holdings in NIO by 27.91 percent, XPeng by 6.15 percent and Li Auto by 46.63 percent during the fourth quarter.
In the meantime, ARKQ has also sold its shares of XPeng three times this month and now holds about $3.77 million worth of the company's stock.