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 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$84M |
| 2 |
Royal Bank of Canada
RY
|
+$32.3M |
| 3 |
Toronto Dominion Bank
TD
|
+$32M |
| 4 |
Cummins
CMI
|
+$31.3M |
| 5 |
Toll Brothers
TOL
|
+$29.5M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$176M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$148M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$71M |
| 4 |
NFX
Newfield Exploration
NFX
|
+$34.3M |
| 5 |
Procter & Gamble
PG
|
+$30.9M |
Sector Composition
| 1 | Financials | 3.42% |
| 2 | Healthcare | 2.95% |
| 3 | Consumer Discretionary | 2.83% |
| 4 | Energy | 2.39% |
| 5 | Industrials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AUY
251
DELISTED
Yamana Gold, Inc.
AUY
| $944K | 0.01% |
325,087
+3,889
| +1% | +$11.3K |
|
252
Roper Technologies
ROP
$55.9B
| $940K | 0.01% |
+3,406
| New | +$940K |
|
253
Kilroy Realty
KRC
$4.97B
| $939K | 0.01% |
12,417
+1,664
| +15% | +$126K |
|
254
AvalonBay Communities
AVB
$27.8B
| $927K | 0.01% |
+5,391
| New | +$927K |
|
255
Global Payments
GPN
$21.1B
| $927K | 0.01% |
8,315
-5,556
| -40% | -$619K |
|
256
Fiserv
FI
$74.2B
| $922K | 0.01% |
12,443
-9,243
| -43% | -$685K |
|
257
Iron Mountain
IRM
$28.6B
| $917K | 0.01% |
26,186
-20,229
| -44% | -$708K |
|
258
Gartner
IT
$18.7B
| $897K | 0.01% |
6,749
-8,285
| -55% | -$1.1M |
|
259
CACI
CACI
$10.5B
| $896K | 0.01% |
5,317
-4,662
| -47% | -$786K |
|
260
Packaging Corp of America
PKG
$19.3B
| $895K | 0.01% |
8,006
-615
| -7% | -$68.8K |
|
261
TAL Education Group
TAL
$6.47B
| $891K | 0.01% |
+24,205
| New | +$891K |
|
262
Devon Energy
DVN
$21.8B
| $881K | 0.01% |
20,032
-1,222
| -6% | -$53.7K |
|
263
Essex Property Trust
ESS
$17.3B
| $853K | 0.01% |
3,568
+370
| +12% | +$88.5K |
|
264
Welltower
WELL
$113B
| $845K | 0.01% |
13,476
-185,095
| -93% | -$11.6M |
|
265
Jack Henry & Associates
JKHY
$11.9B
| $823K | 0.01% |
6,317
-7,960
| -56% | -$1.04M |
|
|
ANSS
266
DELISTED
Ansys
ANSS
| $815K | 0.01% |
4,677
-10,825
| -70% | -$1.89M |
|
267
AXIS Capital
AXS
$7.58B
| $815K | 0.01% |
14,649
+10,211
| +230% | +$568K |
|
|
NUAN
268
DELISTED
Nuance Communications, Inc.
NUAN
| $815K | 0.01% |
67,766
-182,673
| -73% | -$2.2M |
|
|
KL
269
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $815K | 0.01% |
38,491
+2,632
| +7% | +$55.7K |
|
270
Regions Financial
RF
$23.9B
| $813K | 0.01% |
45,746
-35,341
| -44% | -$628K |
|
|
CXO
271
DELISTED
CONCHO RESOURCES INC.
CXO
| $809K | 0.01% |
5,848
-132
| -2% | -$18.3K |
|
272
Fortinet
FTNT
$61.2B
| $804K | 0.01% |
64,355
-96,930
| -60% | -$1.21M |
|
|
WRK
273
DELISTED
WestRock Company
WRK
| $798K | 0.01% |
13,987
-1,514
| -10% | -$86.4K |
|
274
Commault Systems
CVLT
$8.23B
| $794K | 0.01% |
12,051
-17,930
| -60% | -$1.18M |
|
275
Reinsurance Group of America
RGA
$12.6B
| $794K | 0.01% |
5,951
+2,500
| +72% | +$334K |
|