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 | |
|---|---|---|---|---|---|---|
301
Mastercard
MA
$528B
| – | – |
-54,677
| Closed | -$7.72M |
|
302
Masco
MAS
$15.9B
| – | – |
-249,478
| Closed | -$9.73M |
|
303
Mohawk Industries
MHK
$8.65B
| – | – |
-11,068
| Closed | -$2.74M |
|
304
Motorola Solutions
MSI
$79.8B
| – | – |
-91,922
| Closed | -$7.8M |
|
305
Nike
NKE
$109B
| – | – |
-44,766
| Closed | -$2.32M |
|
306
NetApp
NTAP
$23.7B
| – | – |
-274,012
| Closed | -$12M |
|
307
Northern Trust
NTRS
$24.3B
| – | – |
-3,662
| Closed | -$337K |
|
308
NVIDIA
NVDA
$4.07T
| – | – |
-1,068,320
| Closed | -$4.78M |
|
309
O-I Glass
OI
$1.97B
| – | – |
-8,266
| Closed | -$208K |
|
310
Progressive
PGR
$143B
| – | – |
-28,131
| Closed | -$1.36M |
|
311
Pultegroup
PHM
$27.7B
| – | – |
-141,495
| Closed | -$3.87M |
|
312
Philip Morris
PM
$251B
| – | – |
-14,901
| Closed | -$1.65M |
|
313
Pinnacle West Capital
PNW
$10.6B
| – | – |
-18,171
| Closed | -$1.54M |
|
314
PPG Industries
PPG
$24.8B
| – | – |
-12,663
| Closed | -$1.38M |
|
315
Regeneron Pharmaceuticals
REGN
$60.8B
| – | – |
-25,700
| Closed | -$11.5M |
|
316
RTX Corp
RTX
$211B
| – | – |
-28,646
| Closed | -$2.09M |
|
317
SITE Centers
SITC
$490M
| – | – |
-105,177
| Closed | -$1.24M |
|
318
J.M. Smucker
SJM
$12B
| – | – |
-2,114
| Closed | -$222K |
|
319
Simon Property Group
SPG
$59.5B
| – | – |
-10,872
| Closed | -$1.75M |
|
320
S&P Global
SPGI
$164B
| – | – |
-73,830
| Closed | -$11.5M |
|
321
Molson Coors Class B
TAP
$9.96B
| – | – |
-16,261
| Closed | -$1.33M |
|
322
Bio-Techne
TECH
$8.46B
| – | – |
-7,820
| Closed | -$236K |
|
323
Toll Brothers
TOL
$14.2B
| – | – |
-139,790
| Closed | -$5.8M |
|
324
Tyson Foods
TSN
$20B
| – | – |
-175,685
| Closed | -$12.4M |
|
325
Texas Instruments
TXN
$171B
| – | – |
-130,318
| Closed | -$11.7M |
|