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 | |
|---|---|---|---|---|---|---|
|
DHC
326
Diversified Healthcare Trust
DHC
$1.03B
| – | – |
-18,937
| Closed | -$387K |
|
327
Deluxe
DLX
$864M
| – | – |
-4,082
| Closed | -$283K |
|
328
Eastman Chemical
EMN
$7.76B
| – | – |
-33,231
| Closed | -$2.79M |
|
329
Enovis
ENOV
$1.78B
| – | – |
-3,630
| Closed | -$246K |
|
330
Fastenal
FAST
$55B
| – | – |
-145,720
| Closed | -$1.59M |
|
331
Factset
FDS
$14.1B
| – | – |
-2,674
| Closed | -$444K |
|
332
Fiserv
FI
$74.2B
| – | – |
-4,532
| Closed | -$277K |
|
333
Flowserve
FLS
$7.22B
| – | – |
-20,413
| Closed | -$948K |
|
334
Fortinet
FTNT
$61.2B
| – | – |
-58,745
| Closed | -$440K |
|
335
GATX Corp
GATX
$5.99B
| – | – |
-3,822
| Closed | -$246K |
|
336
Guess, Inc.
GES
$880M
| – | – |
-14,439
| Closed | -$185K |
|
337
Graco
GGG
$14B
| – | – |
-6,630
| Closed | -$242K |
|
338
Corning
GLW
$62B
| – | – |
-20,908
| Closed | -$628K |
|
339
Alphabet (Google) Class A
GOOGL
$2.9T
| – | – |
-91,180
| Closed | -$4.24M |
|
340
Global Payments
GPN
$21.1B
| – | – |
-2,337
| Closed | -$211K |
|
341
Goldman Sachs
GS
$231B
| – | – |
-2,165
| Closed | -$480K |
|
342
Hyatt Hotels
H
$13.8B
| – | – |
-4,516
| Closed | -$254K |
|
343
H&R Block
HRB
$6.89B
| – | – |
-8,117
| Closed | -$251K |
|
344
Hubbell
HUBB
$23.2B
| – | – |
-2,068
| Closed | -$234K |
|
345
IDEX
IEX
$12.2B
| – | – |
-2,090
| Closed | -$236K |
|
346
Intuit
INTU
$187B
| – | – |
-68,728
| Closed | -$9.13M |
|
347
Interpublic Group of Companies
IPG
$9.74B
| – | – |
-128,240
| Closed | -$3.16M |
|
348
Iron Mountain
IRM
$28.6B
| – | – |
-6,038
| Closed | -$207K |
|
349
Gartner
IT
$18.7B
| – | – |
-1,642
| Closed | -$203K |
|
350
Jacobs Solutions
J
$17.2B
| – | – |
-4,609
| Closed | -$207K |
|