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
|
$187M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$77.8M |
| 3 |
American Express
AXP
|
$19.6M |
| 4 |
RTX Corp
RTX
|
$14.9M |
| 5 |
United Parcel Service
UPS
|
$14.7M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$363M |
| 2 |
Microsoft
MSFT
|
$35.6M |
| 3 |
Intel
INTC
|
$15.1M |
| 4 |
Ventas
VTR
|
$14.6M |
| 5 |
Conagra Brands
CAG
|
$12.8M |
Sector Composition
| 1 | Technology | 2.59% |
| 2 | Energy | 1.96% |
| 3 | Materials | 1.29% |
| 4 | Consumer Discretionary | 1.01% |
| 5 | Industrials | 0.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
AT&T
T
$212B
| $412K | ﹤0.01% |
15,486
-36,944
| -70% | -$983K |
|
302
Realty Income
O
$54.2B
| $406K | ﹤0.01% |
+10,271
| New | +$406K |
|
303
Progressive
PGR
$143B
| $401K | ﹤0.01% |
+15,851
| New | +$401K |
|
304
Royal Caribbean
RCL
$95.7B
| $397K | ﹤0.01% |
5,900
-28,200
| -83% | -$1.9M |
|
305
Mastercard
MA
$528B
| $390K | ﹤0.01% |
+5,277
| New | +$390K |
|
306
Corpay
CPAY
$22.4B
| $384K | ﹤0.01% |
+2,700
| New | +$384K |
|
307
Exelon
EXC
$43.9B
| $381K | ﹤0.01% |
+15,659
| New | +$381K |
|
308
Invesco
IVZ
$9.81B
| $379K | ﹤0.01% |
+9,600
| New | +$379K |
|
309
J.M. Smucker
SJM
$12B
| $374K | ﹤0.01% |
+3,783
| New | +$374K |
|
310
LyondellBasell Industries
LYB
$17.7B
| $369K | ﹤0.01% |
3,400
+700
| +26% | +$76K |
|
311
Duke Energy
DUK
$93.8B
| $361K | ﹤0.01% |
4,834
-111,700
| -96% | -$8.34M |
|
312
Unum
UNM
$12.6B
| $358K | ﹤0.01% |
+10,400
| New | +$358K |
|
313
TripAdvisor
TRIP
$2.05B
| $357K | ﹤0.01% |
+3,900
| New | +$357K |
|
314
Waters Corp
WAT
$18.2B
| $357K | ﹤0.01% |
+3,600
| New | +$357K |
|
315
Vornado Realty Trust
VNO
$7.93B
| $356K | ﹤0.01% |
+4,866
| New | +$356K |
|
|
JWN
316
DELISTED
Nordstrom
JWN
| $352K | ﹤0.01% |
5,143
-34,760
| -87% | -$2.38M |
|
|
OCR
317
DELISTED
OMNICARE INC
OCR
| $351K | ﹤0.01% |
+5,634
| New | +$351K |
|
|
PBCT
318
DELISTED
People's United Financial Inc
PBCT
| $349K | ﹤0.01% |
+24,100
| New | +$349K |
|
319
Hartford Financial Services
HIG
$37B
| $345K | ﹤0.01% |
+9,256
| New | +$345K |
|
|
LVLT
320
DELISTED
Level 3 Communications Inc
LVLT
| $338K | ﹤0.01% |
+7,400
| New | +$338K |
|
|
SPN
321
DELISTED
Superior Energy Services, Inc.
SPN
| $329K | ﹤0.01% |
+10,000
| New | +$329K |
|
322
Madison Square Garden
MSGS
$4.71B
| $327K | ﹤0.01% |
+6,941
| New | +$327K |
|
323
Kimco Realty
KIM
$15.4B
| $320K | ﹤0.01% |
+14,600
| New | +$320K |
|
|
RKT
324
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $313K | ﹤0.01% |
+6,582
| New | +$313K |
|
325
Equity Residential
EQR
$25.5B
| $310K | ﹤0.01% |
+5,026
| New | +$310K |
|