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 MSCI Emerging Markets ETF
EEM
|
$147M |
| 2 |
PepsiCo
PEP
|
$23.8M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$20.4M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
$17.2M |
| 5 |
Las Vegas Sands
LVS
|
$17.1M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$277M |
| 2 |
Micron Technology
MU
|
$29M |
| 3 |
AGN
ALLERGAN INC
AGN
|
$20.6M |
| 4 |
Intel
INTC
|
$16.7M |
| 5 |
Valero Energy
VLO
|
$14.2M |
Sector Composition
| 1 | Technology | 2.39% |
| 2 | Energy | 2.15% |
| 3 | Materials | 1.21% |
| 4 | Healthcare | 0.97% |
| 5 | Consumer Discretionary | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
GE Aerospace
GE
$292B
| – | – |
-511,776
| Closed | -$12.2M |
|
302
Huntington Bancshares
HBAN
$25.8B
| – | – |
-11,531
| Closed | -$95K |
|
303
Harley-Davidson
HOG
$3.56B
| – | – |
-11,661
| Closed | -$749K |
|
304
Host Hotels & Resorts
HST
$11.7B
| – | – |
-42,218
| Closed | -$746K |
|
305
Humana
HUM
$37.3B
| – | – |
-29,375
| Closed | -$2.74M |
|
306
Jack in the Box
JACK
$354M
| – | – |
-18,560
| Closed | -$742K |
|
307
JB Hunt Transport Services
JBHT
$14B
| – | – |
-6,051
| Closed | -$441K |
|
308
Johnson Controls International
JCI
$69.3B
| – | – |
-29,414
| Closed | -$1.22M |
|
309
JPMorgan Chase
JPM
$824B
| – | – |
-83,742
| Closed | -$4.33M |
|
310
KeyCorp
KEY
$20.8B
| – | – |
-83,142
| Closed | -$948K |
|
311
Kimberly-Clark
KMB
$42.7B
| – | – |
-6,858
| Closed | -$646K |
|
312
Labcorp
LH
$22.8B
| – | – |
-35,817
| Closed | -$3.55M |
|
313
Lincoln National
LNC
$8.09B
| – | – |
-27,018
| Closed | -$1.13M |
|
314
Lowe's Companies
LOW
$145B
| – | – |
-142,253
| Closed | -$6.77M |
|
315
MetLife
MET
$53.6B
| – | – |
-175,664
| Closed | -$8.25M |
|
316
3M
MMM
$82.2B
| – | – |
-2,303
| Closed | -$275K |
|
317
Monster Beverage
MNST
$61.2B
| – | – |
-11,900
| Closed | -$622K |
|
318
Marathon Petroleum
MPC
$54.8B
| – | – |
-70,000
| Closed | -$4.5M |
|
319
Annaly Capital Management
NLY
$13.5B
| – | – |
-438,323
| Closed | -$5.08M |
|
320
Northern Trust
NTRS
$24.7B
| – | – |
-14,242
| Closed | -$774K |
|
321
Nucor
NUE
$33.6B
| – | – |
-35,100
| Closed | -$1.72M |
|
322
ON Semiconductor
ON
$20B
| – | – |
-61,617
| Closed | -$450K |
|
323
O'Reilly Automotive
ORLY
$87.6B
| – | – |
-8,321
| Closed | -$1.06M |
|
324
Prologis
PLD
$103B
| – | – |
-25,045
| Closed | -$942K |
|
325
PNC Financial Services
PNC
$80.9B
| – | – |
-13,800
| Closed | -$1M |
|