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 |
PG&E
PCG
|
$38M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$37.4M |
| 3 |
CVS Health
CVS
|
$30.5M |
| 4 |
Cardinal Health
CAH
|
$29.1M |
| 5 |
CELG
Celgene Corp
CELG
|
$21.4M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.55B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$890M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$526M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$42.8M |
| 5 |
Kroger
KR
|
$42.3M |
Sector Composition
| 1 | Healthcare | 1.72% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.05% |
| 4 | Materials | 0.96% |
| 5 | Energy | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Alphabet (Google) Class A
GOOGL
$2.84T
| $495K | ﹤0.01% |
+9,400
| New | +$495K |
|
227
Sibanye-Stillwater
SBSW
$6.08B
| $470K | ﹤0.01% |
96,800
-10,951
| -10% | -$53.2K |
|
228
Tesla
TSLA
$1.13T
| $469K | ﹤0.01% |
22,605
| – | – |
|
229
Moody's
MCO
$89.5B
| $411K | ﹤0.01% |
2,785
-4,864
| -64% | -$718K |
|
230
Eldorado Gold
EGO
$5.31B
| $410K | ﹤0.01% |
56,506
-3,160
| -5% | -$22.9K |
|
|
PVG
231
DELISTED
PRETIUM RESOURCES INC.
PVG
| $371K | ﹤0.01% |
32,500
-1,807
| -5% | -$20.6K |
|
232
CME Group
CME
$94.4B
| $344K | ﹤0.01% |
2,353
-6,363
| -73% | -$930K |
|
233
Prudential Financial
PRU
$37.2B
| $344K | ﹤0.01% |
2,991
-1,038
| -26% | -$119K |
|
|
NGD
234
New Gold Inc
NGD
$4.99B
| $341K | ﹤0.01% |
103,468
-2,700
| -3% | -$8.9K |
|
|
TRQ
235
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $301K | ﹤0.01% |
8,785
-2,118
| -19% | -$72.6K |
|
|
DFS
236
DELISTED
Discover Financial Services
DFS
| $292K | ﹤0.01% |
3,802
-17,734
| -82% | -$1.36M |
|
|
TAHO
237
DELISTED
Tahoe Resources Inc
TAHO
| $280K | ﹤0.01% |
58,154
-9,388
| -14% | -$45.2K |
|
238
Charles Schwab
SCHW
$167B
| $274K | ﹤0.01% |
5,340
-14,182
| -73% | -$728K |
|
239
ServiceNow
NOW
$190B
| $269K | ﹤0.01% |
+2,063
| New | +$269K |
|
240
Lincoln National
LNC
$7.98B
| $260K | ﹤0.01% |
3,384
+421
| +14% | +$32.3K |
|
241
Cheesecake Factory
CAKE
$3.02B
| $222K | ﹤0.01% |
+4,603
| New | +$222K |
|
|
PX
242
DELISTED
Praxair Inc
PX
| $220K | ﹤0.01% |
1,425
-5,212
| -79% | -$805K |
|
243
T-Mobile US
TMUS
$284B
| $212K | ﹤0.01% |
+3,337
| New | +$212K |
|
244
Cintas
CTAS
$82.4B
| $209K | ﹤0.01% |
+5,364
| New | +$209K |
|
245
Cameco
CCJ
$33B
| $155K | ﹤0.01% |
16,767
-4,665
| -22% | -$43.1K |
|
|
CBL
246
DELISTED
CBL& Associates Properties, Inc.
CBL
| $57K | ﹤0.01% |
+10,063
| New | +$57K |
|
|
VAR
247
DELISTED
Varian Medical Systems, Inc.
VAR
| – | – |
-12,779
| Closed | -$1.28M |
|
|
VIAB
248
DELISTED
Viacom Inc. Class B
VIAB
| – | – |
-456,647
| Closed | -$12.7M |
|
|
AET
249
DELISTED
Aetna Inc
AET
| – | – |
-11,904
| Closed | -$1.89M |
|
250
Abbott
ABT
$231B
| – | – |
-7,623
| Closed | -$407K |
|