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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$422M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$187M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$93.4M |
| 4 |
Molson Coors Class B
TAP
|
$27.4M |
| 5 |
UnitedHealth
UNH
|
$26.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$176M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$46.5M |
| 3 |
Bristol-Myers Squibb
BMY
|
$21.1M |
| 4 |
Intel
INTC
|
$20.7M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$20.3M |
Sector Composition
| 1 | Energy | 2.75% |
| 2 | Technology | 2.62% |
| 3 | Consumer Discretionary | 2.44% |
| 4 | Financials | 1.98% |
| 5 | Healthcare | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Fortive
FTV
$16.2B
| $1.02M | 0.01% |
22,815
| – | – |
|
227
Cameco
CCJ
$33B
| $1.01M | 0.01% |
96,600
-23,100
| -19% | -$242K |
|
228
O'Reilly Automotive
ORLY
$89B
| $1M | 0.01% |
54,000
-148,035
| -73% | -$2.75M |
|
229
Comerica
CMA
$8.85B
| $1M | 0.01% |
+14,700
| New | +$1M |
|
230
CenterPoint Energy
CNP
$24.7B
| $973K | 0.01% |
+39,500
| New | +$973K |
|
231
Sally Beauty Holdings
SBH
$1.44B
| $907K | 0.01% |
+34,319
| New | +$907K |
|
232
Truist Financial
TFC
$60B
| $907K | 0.01% |
+19,300
| New | +$907K |
|
233
Teva Pharmaceuticals
TEVA
$21.7B
| $895K | 0.01% |
24,700
| – | – |
|
234
BorgWarner
BWA
$9.53B
| $878K | 0.01% |
25,285
-56,961
| -69% | -$1.98M |
|
|
ATVI
235
DELISTED
Activision Blizzard Inc.
ATVI
| $857K | 0.01% |
23,744
-53,166
| -69% | -$1.92M |
|
|
SPLK
236
DELISTED
Splunk Inc
SPLK
| $670K | 0.01% |
13,100
+2,500
| +24% | +$128K |
|
237
Waste Management
WM
$88.6B
| $669K | 0.01% |
9,437
-5,426
| -37% | -$385K |
|
238
Corning
GLW
$61B
| $611K | 0.01% |
25,193
-56,707
| -69% | -$1.38M |
|
|
STI
239
DELISTED
SunTrust Banks, Inc.
STI
| $603K | 0.01% |
+11,000
| New | +$603K |
|
240
Edison International
EIX
$21B
| $590K | 0.01% |
+8,200
| New | +$590K |
|
241
Federal Realty Investment Trust
FRT
$8.86B
| $583K | 0.01% |
+4,100
| New | +$583K |
|
242
Healthpeak Properties
DOC
$12.8B
| $574K | 0.01% |
+19,300
| New | +$574K |
|
243
M&T Bank
MTB
$31.2B
| $563K | 0.01% |
+3,600
| New | +$563K |
|
244
CME Group
CME
$94.4B
| $519K | ﹤0.01% |
4,500
-5,400
| -55% | -$623K |
|
245
Colgate-Palmolive
CL
$68.8B
| $508K | ﹤0.01% |
+7,768
| New | +$508K |
|
246
Fifth Third Bancorp
FITB
$30.2B
| $485K | ﹤0.01% |
+18,000
| New | +$485K |
|
|
XL
247
DELISTED
XL Group Ltd.
XL
| $469K | ﹤0.01% |
+12,600
| New | +$469K |
|
248
Whirlpool
WHR
$5.28B
| $454K | ﹤0.01% |
2,500
-61,500
| -96% | -$11.2M |
|
249
KeyCorp
KEY
$20.8B
| $422K | ﹤0.01% |
+23,100
| New | +$422K |
|
250
Oceaneering
OII
$2.41B
| $397K | ﹤0.01% |
+14,063
| New | +$397K |
|