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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$422M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$187M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$93.4M |
| 4 |
Molson Coors Class B
TAP
|
$27.4M |
| 5 |
UnitedHealth
UNH
|
$26.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$176M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$46.5M |
| 3 |
Bristol-Myers Squibb
BMY
|
$21.1M |
| 4 |
Intel
INTC
|
$20.7M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$20.3M |
Sector Composition
| 1 | Energy | 2.75% |
| 2 | Technology | 2.62% |
| 3 | Consumer Discretionary | 2.44% |
| 4 | Financials | 1.98% |
| 5 | Healthcare | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Fortune Brands Innovations
FBIN
$7.3B
| – | – |
-21,528
| Closed | -$1.07M |
|
302
FedEx
FDX
$53.7B
| – | – |
-22,136
| Closed | -$3.87M |
|
303
F5
FFIV
$18.1B
| – | – |
-73,910
| Closed | -$9.21M |
|
304
Flex
FLEX
$20.8B
| – | – |
-27,507
| Closed | -$282K |
|
305
Fluor
FLR
$6.72B
| – | – |
-43,866
| Closed | -$2.25M |
|
306
Flowserve
FLS
$7.22B
| – | – |
-22,100
| Closed | -$1.07M |
|
307
FMC
FMC
$4.72B
| – | – |
-6,137
| Closed | -$257K |
|
308
Fidelity National Financial
FNF
$16.5B
| – | – |
-10,803
| Closed | -$277K |
|
309
Goldman Sachs
GS
$223B
| – | – |
-28,100
| Closed | -$4.53M |
|
310
Home Depot
HD
$417B
| – | – |
-87,200
| Closed | -$11.2M |
|
311
Anywhere Real Estate
HOUS
$724M
| – | – |
-11,300
| Closed | -$292K |
|
312
Hershey
HSY
$37.6B
| – | – |
-40,471
| Closed | -$3.87M |
|
313
Johnson & Johnson
JNJ
$430B
| – | – |
-44,400
| Closed | -$5.25M |
|
314
Keurig Dr Pepper
KDP
$38.9B
| – | – |
-72,295
| Closed | -$6.6M |
|
315
Coca-Cola
KO
$292B
| – | – |
-292,606
| Closed | -$12.4M |
|
316
Kroger
KR
$44.8B
| – | – |
-214,610
| Closed | -$6.37M |
|
317
Leggett & Platt
LEG
$1.35B
| – | – |
-46,300
| Closed | -$2.11M |
|
318
Lam Research
LRCX
$130B
| – | – |
-1,028,800
| Closed | -$9.74M |
|
319
Mastercard
MA
$528B
| – | – |
-11,109
| Closed | -$1.13M |
|
320
ManpowerGroup
MAN
$1.91B
| – | – |
-3,319
| Closed | -$240K |
|
321
Mohawk Industries
MHK
$8.65B
| – | – |
-57,457
| Closed | -$11.5M |
|
322
McCormick & Company Non-Voting
MKC
$19B
| – | – |
-6,200
| Closed | -$310K |
|
323
Martin Marietta Materials
MLM
$37.5B
| – | – |
-2,600
| Closed | -$466K |
|
324
Altria Group
MO
$112B
| – | – |
-18,000
| Closed | -$1.14M |
|
325
Marathon Petroleum
MPC
$54.8B
| – | – |
-100,100
| Closed | -$4.06M |
|