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 | |
|---|---|---|---|---|---|---|
276
Equifax
EFX
$30.8B
| – | – |
-54,250
| Closed | -$5.75M |
|
277
Everest Group
EG
$14.3B
| – | – |
-9,864
| Closed | -$2.25M |
|
278
Elevance Health
ELV
$70.6B
| – | – |
-6,199
| Closed | -$1.18M |
|
279
Emerson Electric
EMR
$74.6B
| – | – |
-16,170
| Closed | -$1.02M |
|
280
Eversource Energy
ES
$23.6B
| – | – |
-14,772
| Closed | -$893K |
|
281
Essex Property Trust
ESS
$17.3B
| – | – |
-5,647
| Closed | -$1.44M |
|
282
Federal Realty Investment Trust
FRT
$8.86B
| – | – |
-5,445
| Closed | -$676K |
|
283
W.W. Grainger
GWW
$47.5B
| – | – |
-21,711
| Closed | -$3.9M |
|
284
Hanesbrands
HBI
$2.27B
| – | – |
-24,463
| Closed | -$603K |
|
285
Home Depot
HD
$417B
| – | – |
-2,597
| Closed | -$425K |
|
286
Hartford Financial Services
HIG
$37B
| – | – |
-21,211
| Closed | -$1.18M |
|
287
Honeywell
HON
$136B
| – | – |
-23,889
| Closed | -$3.25M |
|
288
Idexx Laboratories
IDXX
$51.4B
| – | – |
-1,743
| Closed | -$271K |
|
289
Illumina
ILMN
$15.7B
| – | – |
-64,776
| Closed | -$12.6M |
|
290
Ingredion
INGR
$8.24B
| – | – |
-4,830
| Closed | -$583K |
|
291
Intel
INTC
$107B
| – | – |
-351,286
| Closed | -$13.4M |
|
292
Jabil
JBL
$22.5B
| – | – |
-137,728
| Closed | -$3.93M |
|
293
Jack Henry & Associates
JKHY
$11.8B
| – | – |
-2,315
| Closed | -$238K |
|
294
Kimco Realty
KIM
$15.4B
| – | – |
-16,874
| Closed | -$330K |
|
|
295
Kroger
KR
$44.8B
| – | – |
-2,108,925
| Closed | -$42.3M |
|
296
Kohl's
KSS
$1.86B
| – | – |
-241,039
| Closed | -$11M |
|
297
Labcorp
LH
$23.2B
| – | – |
-49,659
| Closed | -$6.44M |
|
298
Lam Research
LRCX
$130B
| – | – |
-370,830
| Closed | -$6.86M |
|
299
Lumen
LUMN
$4.87B
| – | – |
-103,619
| Closed | -$1.96M |
|
300
LyondellBasell Industries
LYB
$17.7B
| – | – |
-11,163
| Closed | -$1.11M |
|