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 Core MSCI Emerging Markets ETF
IEMG
|
+$967M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$412M |
| 3 |
SPDR Gold Trust
GLD
|
+$403M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$399M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$169M |
Top Sells
| 1 |
iShares MSCI South Korea ETF
EWY
|
+$92.6M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$28.5M |
| 3 |
SWN
Southwestern Energy Company
SWN
|
+$26.3M |
| 4 |
CHK
Chesapeake Energy Corporation
CHK
|
+$26.1M |
| 5 |
Intel
INTC
|
+$23.2M |
Sector Composition
| 1 | Consumer Discretionary | 1.98% |
| 2 | Healthcare | 1.54% |
| 3 | Financials | 1.2% |
| 4 | Technology | 1.1% |
| 5 | Energy | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
NVR
NVR
$22.9B
| – | – |
-99
| Closed | -$239K |
|
377
News Corp Class A
NWSA
$16.6B
| – | – |
-17,673
| Closed | -$242K |
|
378
Oracle
ORCL
$678B
| – | – |
-36,347
| Closed | -$1.82M |
|
379
Oshkosh
OSK
$8.7B
| – | – |
-3,861
| Closed | -$266K |
|
380
Paychex
PAYX
$48.3B
| – | – |
-175,177
| Closed | -$9.98M |
|
381
Pitney Bowes
PBI
$2.02B
| – | – |
-15,898
| Closed | -$240K |
|
382
Pfizer
PFE
$140B
| – | – |
-193,096
| Closed | -$6.15M |
|
383
Procter & Gamble
PG
$373B
| – | – |
-189,167
| Closed | -$16.5M |
|
384
Quanta Services
PWR
$55.6B
| – | – |
-6,166
| Closed | -$203K |
|
385
Regions Financial
RF
$23.9B
| – | – |
-20,021
| Closed | -$293K |
|
386
Rollins
ROL
$27.8B
| – | – |
-16,421
| Closed | -$297K |
|
387
RPM International
RPM
$16.1B
| – | – |
-13,757
| Closed | -$750K |
|
388
Range Resources
RRC
$8.17B
| – | – |
-14,859
| Closed | -$344K |
|
389
Regal Rexnord
RRX
$9.45B
| – | – |
-3,044
| Closed | -$248K |
|
390
Reliance Steel & Aluminium
RS
$15.4B
| – | – |
-6,556
| Closed | -$477K |
|
391
Republic Services
RSG
$71.5B
| – | – |
-3,961
| Closed | -$252K |
|
392
Snap-on
SNA
$16.8B
| – | – |
-4,201
| Closed | -$664K |
|
393
Synopsys
SNPS
$112B
| – | – |
-6,140
| Closed | -$448K |
|
394
Sensata Technologies
ST
$4.62B
| – | – |
-8,505
| Closed | -$363K |
|
395
Steel Dynamics
STLD
$19.2B
| – | – |
-13,657
| Closed | -$489K |
|
396
Stanley Black & Decker
SWK
$11.9B
| – | – |
-20,052
| Closed | -$2.82M |
|
397
Sysco
SYY
$38.7B
| – | – |
-113,335
| Closed | -$5.7M |
|
398
Thermo Fisher Scientific
TMO
$182B
| – | – |
-10,194
| Closed | -$1.78M |
|
399
T Rowe Price
TROW
$23.5B
| – | – |
-3,278
| Closed | -$243K |
|
400
Toro Company
TTC
$7.71B
| – | – |
-3,435
| Closed | -$238K |
|