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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$137M |
| 2 |
Microsoft
MSFT
|
$19.9M |
| 3 |
Gen Digital
GEN
|
$19M |
| 4 |
Intel
INTC
|
$17.5M |
| 5 |
Gilead Sciences
GILD
|
$14.8M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$321M |
| 2 |
American Express
AXP
|
$18.2M |
| 3 |
PepsiCo
PEP
|
$17.3M |
| 4 |
Intuitive Surgical
ISRG
|
$16.1M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
$14.7M |
Sector Composition
| 1 | Technology | 2.64% |
| 2 | Energy | 2.12% |
| 3 | Healthcare | 1.28% |
| 4 | Materials | 1.26% |
| 5 | Industrials | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Celanese
CE
$5.34B
| – | – |
-14,926
| Closed | -$826K |
|
352
CF Industries
CF
$13.7B
| – | – |
-22,000
| Closed | -$1.03M |
|
353
CME Group
CME
$94.4B
| – | – |
-74,868
| Closed | -$5.87M |
|
354
Capital One
COF
$142B
| – | – |
-106,343
| Closed | -$8.15M |
|
355
Copart
CPRT
$47B
| – | – |
-202,400
| Closed | -$927K |
|
356
CSX Corp
CSX
$60.6B
| – | – |
-247,815
| Closed | -$2.38M |
|
357
Cognizant
CTSH
$35.1B
| – | – |
-9,068
| Closed | -$458K |
|
358
HF Sinclair
DINO
$9.56B
| – | – |
-98,426
| Closed | -$4.89M |
|
359
Electronic Arts
EA
$42.2B
| – | – |
-342,345
| Closed | -$7.85M |
|
360
Enovis
ENOV
$1.84B
| – | – |
-9,213
| Closed | -$1.01M |
|
361
Exelon
EXC
$43.9B
| – | – |
-169,458
| Closed | -$3.31M |
|
362
Expeditors International
EXPD
$16.4B
| – | – |
-109,580
| Closed | -$4.85M |
|
363
Fastenal
FAST
$55.1B
| – | – |
-535,444
| Closed | -$6.36M |
|
364
FirstEnergy
FE
$25.1B
| – | – |
-112,800
| Closed | -$3.72M |
|
365
HP
HPQ
$27.4B
| – | – |
-1,016,884
| Closed | -$12.9M |
|
|
JWN
366
DELISTED
Nordstrom
JWN
| – | – |
-27,103
| Closed | -$1.68M |
|
367
Coca-Cola
KO
$292B
| – | – |
-270,674
| Closed | -$11.2M |
|
368
Lamar Advertising Co
LAMR
$13B
| – | – |
-19,698
| Closed | -$1.03M |
|
369
Cheniere Energy
LNG
$51.8B
| – | – |
-19,478
| Closed | -$840K |
|
370
Mastercard
MA
$528B
| – | – |
-15,710
| Closed | -$1.31M |
|
371
Moody's
MCO
$89.5B
| – | – |
-54,300
| Closed | -$4.26M |
|
372
Nabors Industries
NBR
$560M
| – | – |
-799
| Closed | -$679K |
|
373
NRG Energy
NRG
$28.6B
| – | – |
-28,208
| Closed | -$810K |
|
374
Norfolk Southern
NSC
$62.3B
| – | – |
-17,015
| Closed | -$1.58M |
|
375
PG&E
PCG
$33.2B
| – | – |
-206,342
| Closed | -$8.31M |
|