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
|
+$967M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$412M |
| 3 |
SPDR Gold Trust
GLD
|
+$403M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$399M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$169M |
Top Sells
| 1 |
iShares MSCI South Korea ETF
EWY
|
+$92.6M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$28.5M |
| 3 |
SWN
Southwestern Energy Company
SWN
|
+$26.3M |
| 4 |
CHK
Chesapeake Energy Corporation
CHK
|
+$26.1M |
| 5 |
Intel
INTC
|
+$23.2M |
Sector Composition
| 1 | Consumer Discretionary | 1.98% |
| 2 | Healthcare | 1.54% |
| 3 | Financials | 1.2% |
| 4 | Technology | 1.1% |
| 5 | Energy | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
AGCO
AGCO
$8.03B
| – | – |
-3,683
| Closed | -$248K |
|
302
Arthur J. Gallagher & Co
AJG
$76.5B
| – | – |
-9,509
| Closed | -$544K |
|
303
Albemarle
ALB
$8.54B
| – | – |
-14,937
| Closed | -$1.58M |
|
304
Autoliv
ALV
$9.66B
| – | – |
-8,522
| Closed | -$674K |
|
305
AMC Networks
AMCX
$336M
| – | – |
-12,339
| Closed | -$659K |
|
306
Avery Dennison
AVY
$13B
| – | – |
-2,866
| Closed | -$253K |
|
307
Acuity Brands
AYI
$10.1B
| – | – |
-1,202
| Closed | -$244K |
|
308
Ball Corp
BALL
$13.7B
| – | – |
-11,315
| Closed | -$478K |
|
309
Brown-Forman Class B
BF.B
$13B
| – | – |
-8,258
| Closed | -$257K |
|
310
Bristol-Myers Squibb
BMY
$96.1B
| – | – |
-131,064
| Closed | -$7.3M |
|
311
Cheesecake Factory
CAKE
$2.94B
| – | – |
-12,056
| Closed | -$606K |
|
312
Crown Holdings
CCK
$11B
| – | – |
-8,027
| Closed | -$479K |
|
313
Cullen/Frost Bankers
CFR
$8.27B
| – | – |
-5,858
| Closed | -$550K |
|
314
C.H. Robinson
CHRW
$14.9B
| – | – |
-126,169
| Closed | -$8.67M |
|
315
Comcast
CMCSA
$124B
| – | – |
-23,260
| Closed | -$905K |
|
316
Chipotle Mexican Grill
CMG
$52.9B
| – | – |
-869,900
| Closed | -$7.24M |
|
317
CNX Resources
CNX
$4.12B
| – | – |
-78,340
| Closed | -$975K |
|
318
Cencora
COR
$57.9B
| – | – |
-21,760
| Closed | -$2.06M |
|
319
Copart
CPRT
$46.5B
| – | – |
-30,936
| Closed | -$246K |
|
320
Cisco
CSCO
$266B
| – | – |
-9,106
| Closed | -$285K |
|
321
Cintas
CTAS
$81.4B
| – | – |
-13,048
| Closed | -$411K |
|
322
Commault Systems
CVLT
$8.23B
| – | – |
-7,827
| Closed | -$442K |
|
323
Crane NXT
CXT
$3.49B
| – | – |
-8,919
| Closed | -$246K |
|
324
CoreCivic
CXW
$2.19B
| – | – |
-9,236
| Closed | -$255K |
|
325
Donaldson
DCI
$9.35B
| – | – |
-5,347
| Closed | -$244K |
|