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
|
+$258M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$152M |
| 3 |
Apple
AAPL
|
+$25M |
| 4 |
GE Aerospace
GE
|
+$22.1M |
| 5 |
JNPR
Juniper Networks
JNPR
|
+$19.9M |
Top Sells
| 1 |
Gen Digital
GEN
|
+$23.8M |
| 2 |
Johnson & Johnson
JNJ
|
+$20.6M |
| 3 |
Cisco
CSCO
|
+$14.6M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$11.7M |
| 5 |
CELG
Celgene Corp
CELG
|
+$9.94M |
Sector Composition
| 1 | Technology | 3.07% |
| 2 | Energy | 2.47% |
| 3 | Materials | 1.34% |
| 4 | Industrials | 0.94% |
| 5 | Consumer Discretionary | 0.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Equifax
EFX
$31.2B
| – | – |
-3,763
| Closed | -$256K |
|
327
Estee Lauder
EL
$31.9B
| – | – |
-27,439
| Closed | -$1.84M |
|
328
Equinix
EQIX
$74.9B
| – | – |
-3,937
| Closed | -$728K |
|
329
Fortune Brands Innovations
FBIN
$7.05B
| – | – |
-66,082
| Closed | -$2.38M |
|
330
Fiserv
FI
$74.2B
| – | – |
-35,736
| Closed | -$1.01M |
|
331
Alphabet (Google) Class C
GOOG
$2.9T
| – | – |
-180,233
| Closed | -$5M |
|
332
Goldman Sachs
GS
$231B
| – | – |
-10,017
| Closed | -$1.64M |
|
333
W.W. Grainger
GWW
$47.7B
| – | – |
-9,167
| Closed | -$2.32M |
|
334
Home Depot
HD
$413B
| – | – |
-18,280
| Closed | -$1.45M |
|
335
Hartford Financial Services
HIG
$36.7B
| – | – |
-18,056
| Closed | -$637K |
|
336
H&R Block
HRB
$6.97B
| – | – |
-16,966
| Closed | -$512K |
|
337
Idexx Laboratories
IDXX
$52.2B
| – | – |
-4,602
| Closed | -$279K |
|
338
Intuit
INTU
$187B
| – | – |
-83,650
| Closed | -$6.5M |
|
339
Intuitive Surgical
ISRG
$168B
| – | – |
-27,720
| Closed | -$1.35M |
|
340
KBR
KBR
$6.35B
| – | – |
-66,669
| Closed | -$1.78M |
|
341
Kirby Corp
KEX
$4.98B
| – | – |
-9,000
| Closed | -$911K |
|
342
CarMax
KMX
$9.21B
| – | – |
-27,214
| Closed | -$1.27M |
|
343
Liberty Global Class A
LBTYA
$3.99B
| – | – |
-9,700
| Closed | -$333K |
|
344
Liberty Global Class C
LBTYK
$4.04B
| – | – |
-9,889
| Closed | -$326K |
|
345
Eli Lilly
LLY
$673B
| – | – |
-31,439
| Closed | -$1.85M |
|
346
Lumen
LUMN
$5.78B
| – | – |
-18,975
| Closed | -$623K |
|
347
Marriott International Class A Common Stock
MAR
$72.8B
| – | – |
-119,729
| Closed | -$6.71M |
|
348
Medtronic
MDT
$121B
| – | – |
-87,345
| Closed | -$5.38M |
|
349
Meta Platforms (Facebook)
META
$1.92T
| – | – |
-65,200
| Closed | -$3.93M |
|
350
Marsh & McLennan
MMC
$99.2B
| – | – |
-13,485
| Closed | -$665K |
|