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 India ETF
INDA
|
$105M |
| 2 |
Bread Financial
BFH
|
$39.6M |
| 3 |
XEC
CIMAREX ENERGY CO
XEC
|
$39.2M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$39M |
| 5 |
Kroger
KR
|
$38.2M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.97B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$1.11B |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$913M |
| 4 |
SPDR S&P 500 ETF Trust
SPY
|
$348M |
| 5 |
Bristol-Myers Squibb
BMY
|
$47.2M |
Sector Composition
| 1 | Consumer Discretionary | 4.47% |
| 2 | Financials | 2.86% |
| 3 | Energy | 2.75% |
| 4 | Industrials | 1.72% |
| 5 | Healthcare | 1.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
M&T Bank
MTB
$31.5B
| – | – |
-4,017
| Closed | -$631K |
|
352
Murphy Oil
MUR
$3.55B
| – | – |
-109,161
| Closed | -$3.2M |
|
353
Public Storage
PSA
$51.7B
| – | – |
-8,546
| Closed | -$1.86M |
|
354
PTC
PTC
$25.6B
| – | – |
-4,634
| Closed | -$427K |
|
355
Regions Financial
RF
$24.4B
| – | – |
-741,587
| Closed | -$10.5M |
|
356
Constellation Brands
STZ
$28.5B
| – | – |
-72,452
| Closed | -$12.7M |
|
357
Truist Financial
TFC
$60.4B
| – | – |
-143,814
| Closed | -$6.69M |
|
358
Target
TGT
$43.6B
| – | – |
-95,591
| Closed | -$7.67M |
|
359
Toll Brothers
TOL
$13.4B
| – | – |
-80,530
| Closed | -$2.92M |
|
360
Tapestry
TPR
$21.4B
| – | – |
-54,095
| Closed | -$1.76M |
|
361
TripAdvisor
TRIP
$2.02B
| – | – |
-54,578
| Closed | -$2.81M |
|
362
Trinity Industries
TRN
$2.3B
| – | – |
-33,720
| Closed | -$733K |
|
363
Tyson Foods
TSN
$20.2B
| – | – |
-19,425
| Closed | -$1.35M |
|
364
United Airlines
UAL
$33.9B
| – | – |
-53,093
| Closed | -$4.24M |
|
365
US Bancorp
USB
$76B
| – | – |
-12,238
| Closed | -$590K |
|
366
United Therapeutics
UTHR
$13.8B
| – | – |
-9,124
| Closed | -$1.07M |
|
367
Visa
V
$683B
| – | – |
-14,789
| Closed | -$2.31M |
|
368
Valero Energy
VLO
$47.2B
| – | – |
-43,927
| Closed | -$3.73M |
|
369
Vertex Pharmaceuticals
VRTX
$100B
| – | – |
-21,889
| Closed | -$4.03M |
|
370
Wells Fargo
WFC
$263B
| – | – |
-18,426
| Closed | -$890K |
|
371
Zions Bancorporation
ZION
$8.56B
| – | – |
-113,301
| Closed | -$5.15M |
|
|
PBCT
372
DELISTED
People's United Financial Inc
PBCT
| – | – |
-121,350
| Closed | -$2M |
|
|
FLIR
373
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| – | – |
-68,057
| Closed | -$3.24M |
|
|
QEP
374
DELISTED
QEP RESOURCES, INC.
QEP
| – | – |
-75,652
| Closed | -$589K |
|
|
LOGM
375
DELISTED
LogMein, Inc.
LOGM
| – | – |
-10,431
| Closed | -$836K |
|