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
|
+$2.7B |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$1.38B |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$970M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$341M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
+$130M |
Top Sells
| 1 |
XEC
CIMAREX ENERGY CO
XEC
|
+$70.3M |
| 2 |
X
US Steel
X
|
+$66.9M |
| 3 |
CELG
Celgene Corp
CELG
|
+$56.3M |
| 4 |
International Paper
IP
|
+$47.1M |
| 5 |
SWN
Southwestern Energy Company
SWN
|
+$45.8M |
Sector Composition
| 1 | Financials | 2.31% |
| 2 | Consumer Discretionary | 2.13% |
| 3 | Healthcare | 1.71% |
| 4 | Industrials | 1.43% |
| 5 | Materials | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Pitney Bowes
PBI
$2.02B
| – | – |
-75,674
| Closed | -$447K |
|
327
PACCAR
PCAR
$51.2B
| – | – |
-224,372
| Closed | -$8.55M |
|
328
PG&E
PCG
$32.9B
| – | – |
-417,895
| Closed | -$9.93M |
|
329
Progressive
PGR
$143B
| – | – |
-115,272
| Closed | -$6.95M |
|
330
Packaging Corp of America
PKG
$19.3B
| – | – |
-28,538
| Closed | -$2.38M |
|
331
Philip Morris
PM
$256B
| – | – |
-49,384
| Closed | -$3.3M |
|
332
PNC Financial Services
PNC
$78.9B
| – | – |
-22,629
| Closed | -$2.65M |
|
333
Pinnacle West Capital
PNW
$10.4B
| – | – |
-16,781
| Closed | -$1.43M |
|
334
PPL Corp
PPL
$26.4B
| – | – |
-420,277
| Closed | -$11.9M |
|
335
Quanta Services
PWR
$55.6B
| – | – |
-111,545
| Closed | -$3.36M |
|
336
Royal Caribbean
RCL
$93.8B
| – | – |
-41,958
| Closed | -$4.1M |
|
337
Regency Centers
REG
$13.1B
| – | – |
-22,170
| Closed | -$1.3M |
|
338
Regeneron Pharmaceuticals
REGN
$59B
| – | – |
-4,842
| Closed | -$1.81M |
|
339
ResMed
RMD
$40.9B
| – | – |
-8,119
| Closed | -$925K |
|
340
Rollins
ROL
$27.8B
| – | – |
-18,390
| Closed | -$443K |
|
341
Roper Technologies
ROP
$55.9B
| – | – |
-3,773
| Closed | -$1.01M |
|
342
RPM International
RPM
$16.1B
| – | – |
-18,100
| Closed | -$1.06M |
|
343
Regal Rexnord
RRX
$9.45B
| – | – |
-7,209
| Closed | -$505K |
|
344
Reliance Steel & Aluminium
RS
$15.4B
| – | – |
-20,083
| Closed | -$1.43M |
|
345
Republic Services
RSG
$71.5B
| – | – |
-6,210
| Closed | -$448K |
|
346
Revvity
RVTY
$9.87B
| – | – |
-18,528
| Closed | -$1.46M |
|
347
Sally Beauty Holdings
SBH
$1.45B
| – | – |
-14,067
| Closed | -$240K |
|
348
Service Corp International
SCI
$11.1B
| – | – |
-23,784
| Closed | -$958K |
|
349
SEI Investments
SEIC
$10.7B
| – | – |
-56,169
| Closed | -$2.6M |
|
350
SITE Centers
SITC
$476M
| – | – |
-47,017
| Closed | -$406K |
|