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 |
Alibaba
BABA
|
+$116M |
| 2 |
Procter & Gamble
PG
|
+$82.1M |
| 3 |
PepsiCo
PEP
|
+$64.7M |
| 4 |
Johnson & Johnson
JNJ
|
+$58.8M |
| 5 |
McDonald's
MCD
|
+$58.7M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$548M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$328M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$327M |
| 4 |
Walmart
WMT
|
+$317M |
| 5 |
Danaher
DHR
|
+$227M |
Sector Composition
| 1 | Consumer Staples | 28.01% |
| 2 | Consumer Discretionary | 17.74% |
| 3 | Healthcare | 17.12% |
| 4 | Industrials | 3.49% |
| 5 | Financials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Equifax
EFX
$31.2B
| $4.36M | 0.03% |
+14,896
| New | +$4.36M |
|
327
Norfolk Southern
NSC
$61.8B
| $4.36M | 0.03% |
14,645
-321
| -2% | -$95.6K |
|
328
First Solar
FSLR
$21.8B
| $4.34M | 0.03% |
+49,734
| New | +$4.34M |
|
|
OSH
329
DELISTED
Oak Street Health, Inc.
OSH
| $4.27M | 0.02% |
128,775
-95,989
| -43% | -$3.18M |
|
330
Consolidated Edison
ED
$34.9B
| $4.26M | 0.02% |
49,971
+40,124
| +407% | +$3.42M |
|
331
AstraZeneca
AZN
$253B
| $4.25M | 0.02% |
72,892
-31,341
| -30% | -$1.83M |
|
332
Ryder
R
$7.67B
| $4.24M | 0.02% |
51,418
-27,759
| -35% | -$2.29M |
|
333
Waste Connections
WCN
$45.9B
| $4.22M | 0.02% |
30,997
+23,708
| +325% | +$3.23M |
|
334
Xylem
XYL
$34.1B
| $4.22M | 0.02% |
+35,165
| New | +$4.22M |
|
335
Teva Pharmaceuticals
TEVA
$22.1B
| $4.16M | 0.02% |
519,619
+244,402
| +89% | +$1.96M |
|
336
Canadian Natural Resources
CNQ
$63B
| $4.15M | 0.02% |
200,175
-10,527
| -5% | -$218K |
|
337
Republic Services
RSG
$71.2B
| $4.1M | 0.02% |
29,433
+27,653
| +1,554% | +$3.86M |
|
338
Adient
ADNT
$1.99B
| $4.1M | 0.02% |
85,610
-56,958
| -40% | -$2.73M |
|
339
GSK
GSK
$80.6B
| $4.09M | 0.02% |
74,270
-21,442
| -22% | -$1.18M |
|
|
API
340
Agora
API
$334M
| $4.09M | 0.02% |
252,245
+51,208
| +25% | +$830K |
|
341
Phreesia
PHR
$1.6B
| $4.07M | 0.02% |
97,606
+9,570
| +11% | +$399K |
|
342
Smith & Nephew
SNN
$16.7B
| $4.06M | 0.02% |
117,348
+35,225
| +43% | +$1.22M |
|
343
Kilroy Realty
KRC
$5.05B
| $4.03M | 0.02% |
60,692
+24,681
| +69% | +$1.64M |
|
344
Bausch Health
BHC
$2.71B
| $4.02M | 0.02% |
145,245
+59,478
| +69% | +$1.65M |
|
345
Interparfums
IPAR
$3.65B
| $4.02M | 0.02% |
37,569
-15,947
| -30% | -$1.7M |
|
346
Open Text
OTEX
$8.59B
| $4M | 0.02% |
84,079
+17,165
| +26% | +$816K |
|
347
Huntington Bancshares
HBAN
$25.9B
| $3.97M | 0.02% |
257,583
-321,358
| -56% | -$4.96M |
|
348
Schrodinger
SDGR
$1.43B
| $3.93M | 0.02% |
112,710
-9,272
| -8% | -$323K |
|
349
West Pharmaceutical
WST
$18.2B
| $3.92M | 0.02% |
8,365
-75,708
| -90% | -$35.5M |
|
350
O'Reilly Automotive
ORLY
$90.3B
| $3.9M | 0.02% |
82,920
+57,060
| +221% | +$2.69M |
|