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 | |
|---|---|---|---|---|---|---|
351
J.M. Smucker
SJM
$11.8B
| – | – |
-21,806
| Closed | -$2.04M |
|
352
SL Green Realty
SLG
$4.21B
| – | – |
-5,359
| Closed | -$410K |
|
353
ScottsMiracle-Gro
SMG
$3.51B
| – | – |
-9,329
| Closed | -$573K |
|
354
Snap-on
SNA
$16.8B
| – | – |
-30,790
| Closed | -$4.47M |
|
355
Synopsys
SNPS
$112B
| – | – |
-62,709
| Closed | -$5.28M |
|
356
Sensata Technologies
ST
$4.62B
| – | – |
-31,305
| Closed | -$1.4M |
|
357
Steris
STE
$24.5B
| – | – |
-8,726
| Closed | -$932K |
|
358
Steel Dynamics
STLD
$19.2B
| – | – |
-20,292
| Closed | -$610K |
|
359
Starwood Property Trust
STWD
$7.57B
| – | – |
-107,907
| Closed | -$2.13M |
|
|
SVC
360
Service Properties Trust
SVC
$476M
| – | – |
-17,522
| Closed | -$418K |
|
361
Molson Coors Class B
TAP
$9.78B
| – | – |
-38,935
| Closed | -$2.19M |
|
362
Bio-Techne
TECH
$8.43B
| – | – |
-49,068
| Closed | -$1.78M |
|
363
TE Connectivity
TEL
$61.7B
| – | – |
-13,426
| Closed | -$1.02M |
|
364
Tenet Healthcare
THC
$17.4B
| – | – |
-52,869
| Closed | -$906K |
|
365
Thor Industries
THO
$5.79B
| – | – |
-16,628
| Closed | -$865K |
|
366
Tri Pointe Homes
TPH
$3.11B
| – | – |
-153,888
| Closed | -$1.68M |
|
367
Trimble
TRMB
$19.1B
| – | – |
-61,480
| Closed | -$2.02M |
|
368
Travelers Companies
TRV
$61.6B
| – | – |
-69,427
| Closed | -$8.31M |
|
369
Tractor Supply
TSCO
$31.3B
| – | – |
-43,410
| Closed | -$724K |
|
370
Toro Company
TTC
$7.71B
| – | – |
-9,156
| Closed | -$512K |
|
|
TWO
371
Two Harbors Investment
TWO
$1.07B
| – | – |
-8,003
| Closed | -$411K |
|
372
UDR
UDR
$12.9B
| – | – |
-19,819
| Closed | -$785K |
|
373
UGI
UGI
$7.36B
| – | – |
-35,399
| Closed | -$1.89M |
|
374
Ulta Beauty
ULTA
$23B
| – | – |
-996
| Closed | -$244K |
|
375
Unum
UNM
$12.5B
| – | – |
-55,152
| Closed | -$1.62M |
|