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
|
+$84M |
| 2 |
Royal Bank of Canada
RY
|
+$32.3M |
| 3 |
Toronto Dominion Bank
TD
|
+$32M |
| 4 |
Cummins
CMI
|
+$31.3M |
| 5 |
Toll Brothers
TOL
|
+$29.5M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$176M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$148M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$71M |
| 4 |
NFX
Newfield Exploration
NFX
|
+$34.3M |
| 5 |
Procter & Gamble
PG
|
+$30.9M |
Sector Composition
| 1 | Financials | 3.42% |
| 2 | Healthcare | 2.95% |
| 3 | Consumer Discretionary | 2.83% |
| 4 | Energy | 2.39% |
| 5 | Industrials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Sonoco
SON
$4.55B
| $428K | ﹤0.01% |
+8,148
| New | +$428K |
|
377
Coterra Energy
CTRA
$18.2B
| $425K | ﹤0.01% |
17,844
-53,272
| -75% | -$1.27M |
|
378
Albemarle
ALB
$9.65B
| $417K | ﹤0.01% |
4,418
-1,060
| -19% | -$100K |
|
379
Lincoln Electric
LECO
$13.4B
| $378K | ﹤0.01% |
4,304
-4,393
| -51% | -$386K |
|
380
SEI Investments
SEIC
$10.8B
| $375K | ﹤0.01% |
+5,993
| New | +$375K |
|
381
GATX Corp
GATX
$5.99B
| $374K | ﹤0.01% |
5,037
-6,418
| -56% | -$477K |
|
382
Cintas
CTAS
$81.7B
| $371K | ﹤0.01% |
8,016
-9,772
| -55% | -$452K |
|
383
Oshkosh
OSK
$8.9B
| $363K | ﹤0.01% |
5,162
-5,218
| -50% | -$367K |
|
384
Expeditors International
EXPD
$16.5B
| $361K | ﹤0.01% |
4,938
-977
| -17% | -$71.4K |
|
385
Alliant Energy
LNT
$16.5B
| $361K | ﹤0.01% |
8,536
-5,489
| -39% | -$232K |
|
386
WEC Energy
WEC
$34.6B
| $361K | ﹤0.01% |
5,588
-3,527
| -39% | -$228K |
|
387
Ameren
AEE
$27B
| $360K | ﹤0.01% |
5,915
-4,232
| -42% | -$258K |
|
388
DTE Energy
DTE
$28B
| $360K | ﹤0.01% |
4,084
-2,346
| -36% | -$207K |
|
389
OGE Energy
OGE
$8.75B
| $360K | ﹤0.01% |
10,216
-7,300
| -42% | -$257K |
|
390
Pinnacle West Capital
PNW
$10.5B
| $360K | ﹤0.01% |
4,470
-2,673
| -37% | -$215K |
|
391
Eversource Energy
ES
$23.3B
| $359K | ﹤0.01% |
6,126
-3,523
| -37% | -$206K |
|
392
National Fuel Gas
NFG
$7.71B
| $359K | ﹤0.01% |
6,770
-4,255
| -39% | -$226K |
|
393
Teradyne
TER
$18.9B
| $358K | ﹤0.01% |
+9,397
| New | +$358K |
|
394
American Water Works
AWK
$27.3B
| $357K | ﹤0.01% |
4,186
-2,778
| -40% | -$237K |
|
395
MDU Resources
MDU
$3.29B
| $357K | ﹤0.01% |
32,716
-20,518
| -39% | -$224K |
|
396
Essential Utilities
WTRG
$10.8B
| $357K | ﹤0.01% |
10,143
-6,672
| -40% | -$235K |
|
397
Xcel Energy
XEL
$42.4B
| $356K | ﹤0.01% |
7,789
-4,614
| -37% | -$211K |
|
398
CMS Energy
CMS
$21.2B
| $355K | ﹤0.01% |
7,501
-4,901
| -40% | -$232K |
|
399
AES
AES
$9.06B
| $354K | ﹤0.01% |
26,370
-23,778
| -47% | -$319K |
|
400
Regal Rexnord
RRX
$9.54B
| $353K | ﹤0.01% |
4,314
-6,791
| -61% | -$556K |
|