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 | |
|---|---|---|---|---|---|---|
426
Willis Towers Watson
WTW
$32.1B
| $294K | ﹤0.01% |
1,942
-7,877
| -80% | -$1.19M |
|
427
International Flavors & Fragrances
IFF
$17B
| $290K | ﹤0.01% |
2,338
-1,270
| -35% | -$158K |
|
428
Sibanye-Stillwater
SBSW
$6.04B
| $283K | ﹤0.01% |
116,809
+13,899
| +14% | +$33.7K |
|
|
CA
429
DELISTED
CA, Inc.
CA
| $282K | ﹤0.01% |
7,916
-286,056
| -97% | -$10.2M |
|
430
Bank of America
BAC
$372B
| $279K | ﹤0.01% |
9,914
-50,885
| -84% | -$1.43M |
|
|
STI
431
DELISTED
SunTrust Banks, Inc.
STI
| $279K | ﹤0.01% |
4,224
-9,230
| -69% | -$610K |
|
|
TAHO
432
DELISTED
Tahoe Resources Inc
TAHO
| $277K | ﹤0.01% |
56,389
+2,697
| +5% | +$13.2K |
|
|
PVG
433
DELISTED
PRETIUM RESOURCES INC.
PVG
| $243K | ﹤0.01% |
33,154
-47
| -0.1% | -$344 |
|
434
Ciena
CIEN
$16.8B
| $237K | ﹤0.01% |
8,938
-6,356
| -42% | -$169K |
|
|
NGD
435
New Gold Inc
NGD
$5.02B
| $229K | ﹤0.01% |
110,029
+10,492
| +11% | +$21.8K |
|
|
NATI
436
DELISTED
National Instruments Corp
NATI
| $229K | ﹤0.01% |
5,457
-2,292
| -30% | -$96.2K |
|
437
Knowles
KN
$1.84B
| $227K | ﹤0.01% |
14,853
-15,913
| -52% | -$243K |
|
438
Mettler-Toledo International
MTD
$27.1B
| $226K | ﹤0.01% |
390
-3,028
| -89% | -$1.75M |
|
|
TRQ
439
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $226K | ﹤0.01% |
7,977
| – | – |
|
440
Vishay Intertechnology
VSH
$2.09B
| $225K | ﹤0.01% |
9,687
-10,993
| -53% | -$255K |
|
|
AVX
441
DELISTED
AVX Corporation
AVX
| $216K | ﹤0.01% |
13,766
-8,544
| -38% | -$134K |
|
442
Arrow Electronics
ARW
$6.49B
| $214K | ﹤0.01% |
+2,837
| New | +$214K |
|
443
Fidelity National Financial
FNF
$16.4B
| $213K | ﹤0.01% |
5,883
-814
| -12% | -$29.5K |
|
|
BIG
444
DELISTED
Big Lots, Inc.
BIG
| $211K | ﹤0.01% |
+5,051
| New | +$211K |
|
445
Guess, Inc.
GES
$880M
| $210K | ﹤0.01% |
+9,813
| New | +$210K |
|
|
AXE
446
DELISTED
Anixter International Inc
AXE
| $208K | ﹤0.01% |
+3,291
| New | +$208K |
|
447
Murphy USA
MUSA
$7.55B
| $207K | ﹤0.01% |
+2,781
| New | +$207K |
|
448
M&T Bank
MTB
$31.1B
| $206K | ﹤0.01% |
1,211
-4,393
| -78% | -$747K |
|
449
NVIDIA
NVDA
$4.16T
| $206K | ﹤0.01% |
+34,840
| New | +$206K |
|
450
Penske Automotive Group
PAG
$12.4B
| $205K | ﹤0.01% |
+4,366
| New | +$205K |
|