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 |
UnitedHealth
UNH
|
+$5.48M |
| 2 |
McDonald's
MCD
|
+$5.38M |
| 3 |
Lockheed Martin
LMT
|
+$5.2M |
| 4 |
Philip Morris
PM
|
+$4.92M |
| 5 |
PepsiCo
PEP
|
+$4.55M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$883M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$365M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$233M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$186M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$121M |
Sector Composition
| 1 | Consumer Discretionary | 4% |
| 2 | Financials | 2.7% |
| 3 | Industrials | 1.84% |
| 4 | Materials | 1.48% |
| 5 | Consumer Staples | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
MillerKnoll
MLKN
$1.38B
| – | – |
-13,704
| Closed | -$571K |
|
402
Morgan Stanley
MS
$246B
| – | – |
-335,701
| Closed | -$17.2M |
|
403
Motorola Solutions
MSI
$80.3B
| – | – |
-8,748
| Closed | -$1.41M |
|
404
MSC Industrial Direct
MSM
$5.1B
| – | – |
-12,812
| Closed | -$1.01M |
|
405
Mettler-Toledo International
MTD
$25.8B
| – | – |
-614
| Closed | -$487K |
|
406
M&T Bank
MTB
$31B
| – | – |
-27,364
| Closed | -$4.65M |
|
407
Micron Technology
MU
$157B
| – | – |
-33,953
| Closed | -$1.83M |
|
408
Norwegian Cruise Line
NCLH
$11.5B
| – | – |
-49,372
| Closed | -$2.88M |
|
409
Nordson
NDSN
$12.6B
| – | – |
-2,458
| Closed | -$400K |
|
410
NetApp
NTAP
$24.7B
| – | – |
-11,702
| Closed | -$728K |
|
411
Northern Trust
NTRS
$24.2B
| – | – |
-43,847
| Closed | -$4.66M |
|
412
NVIDIA
NVDA
$4.32T
| – | – |
-134,520
| Closed | -$791K |
|
413
News Corp Class A
NWSA
$16.2B
| – | – |
-31,462
| Closed | -$445K |
|
414
New York Times
NYT
$9.37B
| – | – |
-38,558
| Closed | -$1.24M |
|
415
Universal Display
OLED
$6.52B
| – | – |
-2,262
| Closed | -$466K |
|
416
Olin
OLN
$2.92B
| – | – |
-37,053
| Closed | -$639K |
|
417
ON Semiconductor
ON
$19.7B
| – | – |
-17,748
| Closed | -$433K |
|
418
Oshkosh
OSK
$8.75B
| – | – |
-15,801
| Closed | -$1.5M |
|
419
Bank OZK
OZK
$5.89B
| – | – |
-26,656
| Closed | -$813K |
|
420
Palo Alto Networks
PANW
$132B
| – | – |
-29,874
| Closed | -$1.15M |
|
421
Paycom
PAYC
$12.4B
| – | – |
-7,716
| Closed | -$2.04M |
|
422
PACCAR
PCAR
$51.8B
| – | – |
-21,642
| Closed | -$1.14M |
|
423
PENN Entertainment
PENN
$2.93B
| – | – |
-26,885
| Closed | -$687K |
|
424
Principal Financial Group
PFG
$17.8B
| – | – |
-57,469
| Closed | -$3.16M |
|
425
Parker-Hannifin
PH
$96.9B
| – | – |
-5,511
| Closed | -$1.13M |
|