Bridgewater Associates Adds $43M in CoreWeave, Inc. ($CRWV)

Bridgewater Associates has taken a new position in CoreWeave, Inc., acquiring 364,025 shares.

Key Points

  • Bridgewater Associates acquired 364,025 shares of CoreWeave, Inc., valued at approximately $42.6 million as of May 15, 2026.
  • CoreWeave, trading at $117.03, has a market cap of about $62.9 billion with a forward P/E ratio unavailable due to negative earnings.
  • Analysts have mixed views on CoreWeave, with BNP Paribas initiating a 'buy' rating and DA Davidson downgrading to 'hold'.

Bridgewater Associates has taken a new position in CoreWeave, Inc. (NasdaqGS: CRWV), acquiring 364,025 shares valued at approximately $42.6 million. This move was reported in the firm's latest Form 13F filing with the SEC, reflecting its holdings as of May 15, 2026.

What Changed in Bridgewater Associates' CoreWeave Position

Bridgewater Associates' new position in CoreWeave, Inc. marks a significant entry, as the firm previously held no shares in the company. The acquisition of 364,025 shares, valued at around $42.6 million, indicates a fresh interest in the cloud infrastructure technology company.

Other Institutional Activity in CoreWeave

Other institutional investors also adjusted their positions in CoreWeave. Magnetar Financial LLC increased its holdings by 375,000 shares, bringing its total to 68,566,394 shares worth about $4.74 billion. NVIDIA Corp significantly boosted its stake by 22,935,780 shares, ending with 47,213,353 shares valued at approximately $3.66 billion. Goldman Sachs Group Inc added 8,795,691 shares, resulting in a total of 17,877,647 shares worth around $1.38 billion. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both entered new positions, each holding over 12 million shares.

CoreWeave, Inc. Stock Snapshot

Shares of NasdaqGS:CRWV traded near $117.03. CoreWeave, Inc. has a market cap of approximately $62.9 billion. The company is not currently profitable, with a forward P/E ratio unavailable due to negative earnings per share. The stock's 52-week range spans from $63.80 to $187.00, with a 50-day moving average of $110.79 and a 200-day moving average of $100.27. The company has a current ratio of 0.315 and a quick ratio of 0.246, alongside a high debt-to-equity ratio of 738.54.

Recent Earnings

CoreWeave reported revenue of about $6.23 billion, showing a growth rate of 11.6%. However, the company posted a net margin of -25.57% and a return on equity of -40.67%, indicating financial challenges. The next earnings report is expected on August 12, 2026.

Insider Buying and Selling at CoreWeave, Inc.

On June 15, 2026, Goldberg Chen, EVP of Product & Engineering, sold 5,541 shares at an average price of $107.29 under a Rule 10b5-1 plan. Chief Development Officer Brannin McBee also made several transactions on the same day, selling 249,500 shares and buying back the same amount, while also selling an additional 250,000 shares under a planned sale. Margaret Whitman conducted two transactions on June 14, buying and then selling 1,180 shares.

Analysts Set New Price Targets

On June 2, 2026, BNP Paribas initiated coverage of CoreWeave with a 'buy' rating and a price target of $192. DA Davidson downgraded the stock to 'hold' on May 18, with a target of $100. Citigroup maintained its 'buy' rating with a target of $158 on May 14. The consensus among 33 analysts is a 'buy' recommendation, with a mean target price of $140.18.

About CoreWeave, Inc.

CoreWeave, Inc. is a cloud infrastructure technology company based in Livingston, New Jersey. Founded in 2017, it specializes in providing cloud services and proprietary software for managing complex AI infrastructure at scale. The company offers a range of services including data storage, compute solutions, and virtual servers. Under the leadership of CEO Michael N. Intrator, CoreWeave employs over 2,100 people.

Bottom Line

Bridgewater Associates' new investment in CoreWeave, Inc. signals interest in the company's potential within the technology sector. Investors often track such filings to gauge fund managers' confidence in a company's prospects. It's important to remember that 13F filings are backward-looking and may not represent current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.