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
|
+$84M |
| 2 |
Royal Bank of Canada
RY
|
+$32.3M |
| 3 |
Toronto Dominion Bank
TD
|
+$32M |
| 4 |
Cummins
CMI
|
+$31.3M |
| 5 |
Toll Brothers
TOL
|
+$29.5M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$176M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$148M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$71M |
| 4 |
NFX
Newfield Exploration
NFX
|
+$34.3M |
| 5 |
Procter & Gamble
PG
|
+$30.9M |
Sector Composition
| 1 | Financials | 3.42% |
| 2 | Healthcare | 2.95% |
| 3 | Consumer Discretionary | 2.83% |
| 4 | Energy | 2.39% |
| 5 | Industrials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
APA Corp
APA
$7.75B
| $641K | 0.01% |
13,712
-1,743
| -11% | -$81.5K |
|
302
Prologis
PLD
$104B
| $638K | 0.01% |
+9,707
| New | +$638K |
|
303
John Wiley & Sons Class A
WLY
$2.2B
| $638K | 0.01% |
10,217
-6,858
| -40% | -$428K |
|
304
Copart
CPRT
$46.5B
| $635K | 0.01% |
44,900
+19,140
| +74% | +$271K |
|
305
Celanese
CE
$4.89B
| $592K | 0.01% |
5,333
-17,231
| -76% | -$1.91M |
|
306
AptarGroup
ATR
$9.11B
| $577K | 0.01% |
6,174
-9,728
| -61% | -$909K |
|
307
ResMed
RMD
$40.9B
| $576K | 0.01% |
5,565
-4,067
| -42% | -$421K |
|
308
Realty Income
O
$54.4B
| $574K | 0.01% |
11,006
-5,049
| -31% | -$263K |
|
309
Align Technology
ALGN
$9.85B
| $570K | 0.01% |
1,665
-2,216
| -57% | -$759K |
|
310
O-I Glass
OI
$2B
| $570K | 0.01% |
33,920
-31,888
| -48% | -$536K |
|
311
Douglas Emmett
DEI
$2.77B
| $567K | 0.01% |
14,120
-7,128
| -34% | -$286K |
|
312
SL Green Realty
SLG
$4.32B
| $567K | 0.01% |
5,824
-2,518
| -30% | -$245K |
|
313
Digital Realty Trust
DLR
$55.9B
| $565K | 0.01% |
5,061
-2,379
| -32% | -$266K |
|
314
Jones Lang LaSalle
JLL
$14.8B
| $565K | 0.01% |
3,404
-1,112
| -25% | -$185K |
|
315
Northrop Grumman
NOC
$83.3B
| $565K | 0.01% |
+1,835
| New | +$565K |
|
316
Alexandria Real Estate Equities
ARE
$14.6B
| $564K | 0.01% |
4,467
-8,213
| -65% | -$1.04M |
|
317
ATI
ATI
$10.7B
| $564K | 0.01% |
+22,434
| New | +$564K |
|
|
QVCGA
318
QVC Group, Inc. Series A Common Stock
QVCGA
$79M
| $564K | 0.01% |
+547
| New | +$564K |
|
|
WPG
319
DELISTED
Washington Prime Group Inc.
WPG
| $564K | 0.01% |
7,732
-5,540
| -42% | -$404K |
|
320
Camden Property Trust
CPT
$11.9B
| $562K | 0.01% |
6,169
-3,159
| -34% | -$288K |
|
|
SVC
321
Service Properties Trust
SVC
$476M
| $562K | 0.01% |
19,635
-11,366
| -37% | -$325K |
|
322
Kimco Realty
KIM
$15.3B
| $560K | 0.01% |
32,938
-21,062
| -39% | -$358K |
|
|
DRE
323
DELISTED
Duke Realty Corp.
DRE
| $560K | 0.01% |
19,284
-10,455
| -35% | -$304K |
|
|
WRI
324
DELISTED
Weingarten Realty Investors
WRI
| $560K | 0.01% |
18,190
-9,638
| -35% | -$297K |
|
325
NNN REIT
NNN
$8.12B
| $558K | 0.01% |
12,704
-7,345
| -37% | -$323K |
|