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
|
+$42.8M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$35M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
+$25.7M |
| 4 |
GE Aerospace
GE
|
+$22.7M |
| 5 |
Intel
INTC
|
+$22.5M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$159M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$155M |
| 3 |
CVS Health
CVS
|
+$47.7M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$39.7M |
| 5 |
Oracle
ORCL
|
+$38.6M |
Sector Composition
| 1 | Financials | 3.43% |
| 2 | Consumer Discretionary | 3.34% |
| 3 | Energy | 2.23% |
| 4 | Healthcare | 1.95% |
| 5 | Industrials | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Align Technology
ALGN
$9.85B
| – | – |
-1,665
| Closed | -$570K |
|
402
Affiliated Managers Group
AMG
$6.59B
| – | – |
-10,986
| Closed | -$1.63M |
|
403
Ameriprise Financial
AMP
$46.6B
| – | – |
-13,983
| Closed | -$1.96M |
|
404
Arrow Electronics
ARW
$6.5B
| – | – |
-2,837
| Closed | -$214K |
|
405
Adtalem Global Education
ATGE
$4.81B
| – | – |
-4,165
| Closed | -$200K |
|
406
ATI
ATI
$10.5B
| – | – |
-22,434
| Closed | -$564K |
|
407
Atmos Energy
ATO
$26.4B
| – | – |
-3,900
| Closed | -$352K |
|
408
AptarGroup
ATR
$8.95B
| – | – |
-6,174
| Closed | -$577K |
|
409
Avery Dennison
AVY
$12.9B
| – | – |
-15,820
| Closed | -$1.62M |
|
410
American Water Works
AWK
$27.1B
| – | – |
-4,186
| Closed | -$357K |
|
411
American Express
AXP
$225B
| – | – |
-11,241
| Closed | -$1.1M |
|
412
AXIS Capital
AXS
$7.55B
| – | – |
-14,649
| Closed | -$815K |
|
413
Acuity Brands
AYI
$10.2B
| – | – |
-2,989
| Closed | -$346K |
|
414
Bank of America
BAC
$371B
| – | – |
-9,914
| Closed | -$279K |
|
415
Ball Corp
BALL
$13.6B
| – | – |
-27,063
| Closed | -$962K |
|
416
Franklin Resources
BEN
$12.8B
| – | – |
-161,862
| Closed | -$5.19M |
|
417
Bruker
BRKR
$4.74B
| – | – |
-19,029
| Closed | -$553K |
|
418
Citigroup
C
$178B
| – | – |
-7,289
| Closed | -$488K |
|
419
Cabot Corp
CBT
$4.26B
| – | – |
-4,809
| Closed | -$297K |
|
420
Carnival Corp
CCL
$42.3B
| – | – |
-104,664
| Closed | -$6M |
|
421
Crown Holdings
CCK
$10.9B
| – | – |
-12,390
| Closed | -$555K |
|
422
COPT Defense Properties
CDP
$3.46B
| – | – |
-19,147
| Closed | -$555K |
|
423
Celanese
CE
$4.91B
| – | – |
-5,333
| Closed | -$592K |
|
424
Ciena
CIEN
$18.3B
| – | – |
-8,938
| Closed | -$237K |
|
425
Cincinnati Financial
CINF
$23.8B
| – | – |
-7,962
| Closed | -$532K |
|