Bridgewater Associates Portfolio holdings
Bridgewater Associates, founded in 1975 by Ray Dalio in New York and now headquartered in Westport, Connecticut, is the world’s largest hedge fund, managing over $125 billion in assets as of late 2024, serving institutional clients like pension funds, endowments, and sovereign wealth funds. Known for its pioneering "Pure Alpha" and "All Weather" strategies, the firm uses a systematic, macroeconomic approach to deliver uncorrelated returns and risk parity across global markets, including equities, bonds, currencies, and commodities, guided by rigorous data analysis and radical transparency. Dalio, who stepped down as co-CIO in 2022, built a unique culture of "radical truth" and "thoughtful disagreement," documented in his book *Principles*, though the firm transitioned leadership to co-CEOs Nir Bar Dea and Mark Bertolini in 2023 amid succession planning. With around 1,300 employees and a history of navigating crises like 2008 with gains, Bridgewater remains a titan in alternative investments, blending intellectual rigor with a distinctive, often polarizing management philosophy.
Top Buys
| 1 |
NVIDIA
NVDA
|
+$693M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$451M |
| 3 |
Microsoft
MSFT
|
+$450M |
| 4 |
Johnson & Johnson
JNJ
|
+$303M |
| 5 |
Uber
UBER
|
+$293M |
Top Sells
| 1 |
Alibaba
BABA
|
+$748M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$452M |
| 3 |
Constellation Energy
CEG
|
+$257M |
| 4 |
Pinduoduo
PDD
|
+$206M |
| 5 |
Baidu
BIDU
|
+$191M |
Sector Composition
| 1 | Technology | 28.87% |
| 2 | Communication Services | 11.52% |
| 3 | Financials | 9.89% |
| 4 | Healthcare | 8.37% |
| 5 | Consumer Discretionary | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
NorthWestern Energy
NWE
$3.47B
| $13M | 0.05% |
252,753
+156,865
| +164% | +$8.05M |
|
227
DocuSign
DOCU
$16.5B
| $12.8M | 0.05% |
164,176
+101,612
| +162% | +$7.91M |
|
228
M/I Homes
MHO
$4.15B
| $12.7M | 0.05% |
113,644
+30,556
| +37% | +$3.43M |
|
229
BHP
BHP
$138B
| $12.6M | 0.05% |
262,747
+154,848
| +144% | +$7.45M |
|
230
PVH
PVH
$4.07B
| $12.6M | 0.05% |
183,318
+28,258
| +18% | +$1.94M |
|
231
BioMarin Pharmaceuticals
BMRN
$10.8B
| $12.5M | 0.05% |
227,746
+104,090
| +84% | +$5.72M |
|
232
Par Pacific Holdings
PARR
$1.7B
| $12.2M | 0.05% |
459,380
-72,096
| -14% | -$1.91M |
|
233
Chart Industries
GTLS
$8.98B
| $12M | 0.05% |
72,646
-1,327
| -2% | -$218K |
|
234
Aecom
ACM
$16.8B
| $11.8M | 0.05% |
104,805
+100,742
| +2,479% | +$11.4M |
|
235
McDonald's
MCD
$223B
| $11.8M | 0.05% |
40,448
-13,468
| -25% | -$3.93M |
|
236
SEI Investments
SEIC
$10.8B
| $11.6M | 0.05% |
129,587
-16,993
| -12% | -$1.53M |
|
237
Boyd Gaming
BYD
$6.92B
| $11.5M | 0.05% |
147,411
-20,911
| -12% | -$1.64M |
|
238
Nutrien
NTR
$27.9B
| $11.5M | 0.05% |
+197,809
| New | +$11.5M |
|
239
Curtiss-Wright
CW
$18.2B
| $11.2M | 0.05% |
22,963
+1,640
| +8% | +$801K |
|
240
Axsome Therapeutics
AXSM
$6.45B
| $11.2M | 0.05% |
107,292
+64,467
| +151% | +$6.73M |
|
241
Vertiv
VRT
$46.5B
| $11M | 0.04% |
86,016
-824,340
| -91% | -$106M |
|
242
Fidelity National Information Services
FIS
$36B
| $10.9M | 0.04% |
133,867
-115,922
| -46% | -$9.44M |
|
243
Webster Financial
WBS
$10.3B
| $10.9M | 0.04% |
+199,129
| New | +$10.9M |
|
244
Woodward
WWD
$14.4B
| $10.6M | 0.04% |
43,441
-7,345
| -14% | -$1.8M |
|
245
Sun Country Airlines
SNCY
$684M
| $10.5M | 0.04% |
894,992
+761,425
| +570% | +$8.95M |
|
246
Assured Guaranty
AGO
$3.9B
| $10.5M | 0.04% |
120,652
+40,787
| +51% | +$3.55M |
|
247
CNO Financial Group
CNO
$3.85B
| $10.4M | 0.04% |
269,864
-2,319
| -0.9% | -$89.5K |
|
248
Texas Capital Bancshares
TCBI
$3.99B
| $10.3M | 0.04% |
+130,167
| New | +$10.3M |
|
249
Yelp
YELP
$2B
| $10.3M | 0.04% |
299,216
+42,409
| +17% | +$1.45M |
|
250
PepsiCo
PEP
$194B
| $10.2M | 0.04% |
77,610
-24,453
| -24% | -$3.23M |
|