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
|
$187M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$77.8M |
| 3 |
American Express
AXP
|
$19.6M |
| 4 |
RTX Corp
RTX
|
$14.9M |
| 5 |
United Parcel Service
UPS
|
$14.7M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$363M |
| 2 |
Microsoft
MSFT
|
$35.6M |
| 3 |
Intel
INTC
|
$15.1M |
| 4 |
Ventas
VTR
|
$14.6M |
| 5 |
Conagra Brands
CAG
|
$12.8M |
Sector Composition
| 1 | Technology | 2.59% |
| 2 | Energy | 1.96% |
| 3 | Materials | 1.29% |
| 4 | Consumer Discretionary | 1.01% |
| 5 | Industrials | 0.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Lockheed Martin
LMT
$108B
| – | – |
-22,437
| Closed | -$3.61M |
|
402
Lam Research
LRCX
$130B
| – | – |
-1,016,200
| Closed | -$6.87M |
|
403
MGM Resorts International
MGM
$9.98B
| – | – |
-208,088
| Closed | -$5.49M |
|
404
Mohawk Industries
MHK
$8.65B
| – | – |
-29,308
| Closed | -$4.05M |
|
405
MSCI
MSCI
$42.9B
| – | – |
-5,070
| Closed | -$232K |
|
406
Motorola Solutions
MSI
$79.8B
| – | – |
-11,053
| Closed | -$736K |
|
407
Northrop Grumman
NOC
$83.2B
| – | – |
-35,688
| Closed | -$4.27M |
|
408
NVR
NVR
$23.5B
| – | – |
-266
| Closed | -$306K |
|
409
Owens Corning
OC
$13B
| – | – |
-55,451
| Closed | -$2.15M |
|
410
Paychex
PAYX
$48.7B
| – | – |
-60,572
| Closed | -$2.52M |
|
411
Procter & Gamble
PG
$375B
| – | – |
-62,831
| Closed | -$4.94M |
|
412
Philip Morris
PM
$251B
| – | – |
-2,400
| Closed | -$202K |
|
413
Pentair
PNR
$18.1B
| – | – |
-21,258
| Closed | -$1.03M |
|
414
Phillips 66
PSX
$53.2B
| – | – |
-11,750
| Closed | -$945K |
|
415
PTC
PTC
$25.6B
| – | – |
-6,000
| Closed | -$233K |
|
416
Patterson-UTI
PTEN
$2.18B
| – | – |
-37,444
| Closed | -$1.31M |
|
417
SBA Communications
SBAC
$21.2B
| – | – |
-2,400
| Closed | -$246K |
|
418
Sally Beauty Holdings
SBH
$1.44B
| – | – |
-14,678
| Closed | -$368K |
|
419
Schlumberger
SLB
$53.4B
| – | – |
-26,187
| Closed | -$3.09M |
|
420
Terex
TEX
$3.47B
| – | – |
-48,936
| Closed | -$2.01M |
|
421
Tenet Healthcare
THC
$17.3B
| – | – |
-14,725
| Closed | -$691K |
|
422
Timken Company
TKR
$5.42B
| – | – |
-38,159
| Closed | -$1.85M |
|
423
Thomson Reuters
TRI
$78.7B
| – | – |
-6,827
| Closed | -$284K |
|
424
Tractor Supply
TSCO
$32.1B
| – | – |
-196,080
| Closed | -$2.37M |
|
425
United Airlines
UAL
$34.5B
| – | – |
-15,600
| Closed | -$641K |
|