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 | |
|---|---|---|---|---|---|---|
251
Ameren
AEE
$27.2B
| – | – |
-12,791
| Closed | -$740K |
|
252
AES
AES
$9.21B
| – | – |
-31,128
| Closed | -$343K |
|
|
ANSS
253
DELISTED
Ansys
ANSS
| – | – |
-2,569
| Closed | -$315K |
|
254
Aptiv
APTV
$17.5B
| – | – |
-9,001
| Closed | -$886K |
|
255
AptarGroup
ATR
$9.13B
| – | – |
-2,490
| Closed | -$215K |
|
256
Bath & Body Works
BBWI
$6.06B
| – | – |
-185,150
| Closed | -$6.23M |
|
257
Becton Dickinson
BDX
$55.1B
| – | – |
-19,687
| Closed | -$3.76M |
|
258
Biogen
BIIB
$20.6B
| – | – |
-44,198
| Closed | -$13.8M |
|
259
BorgWarner
BWA
$9.53B
| – | – |
-407,197
| Closed | -$18.4M |
|
260
Boston Properties
BXP
$12.2B
| – | – |
-1,860
| Closed | -$229K |
|
261
Core Laboratories
CLB
$592M
| – | – |
-4,417
| Closed | -$436K |
|
262
Comerica
CMA
$8.85B
| – | – |
-4,746
| Closed | -$362K |
|
263
Cummins
CMI
$55.1B
| – | – |
-26,924
| Closed | -$4.52M |
|
264
CMS Energy
CMS
$21.4B
| – | – |
-25,542
| Closed | -$1.18M |
|
265
Capital One
COF
$142B
| – | – |
-12,617
| Closed | -$1.07M |
|
266
Cooper Companies
COO
$13.5B
| – | – |
-9,172
| Closed | -$544K |
|
267
Campbell Soup
CPB
$10.1B
| – | – |
-105,111
| Closed | -$4.92M |
|
268
Charles River Laboratories
CRL
$8.07B
| – | – |
-2,574
| Closed | -$278K |
|
269
Deere & Co
DE
$128B
| – | – |
-32,041
| Closed | -$4.02M |
|
270
Danaher
DHR
$143B
| – | – |
-21,144
| Closed | -$1.61M |
|
271
Healthpeak Properties
DOC
$12.8B
| – | – |
-117,340
| Closed | -$3.27M |
|
272
DTE Energy
DTE
$28.4B
| – | – |
-12,676
| Closed | -$1.16M |
|
273
DaVita
DVA
$9.86B
| – | – |
-354,456
| Closed | -$21.1M |
|
274
Electronic Arts
EA
$42.2B
| – | – |
-60,956
| Closed | -$7.2M |
|
275
Consolidated Edison
ED
$35.4B
| – | – |
-11,419
| Closed | -$921K |
|