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
|
+$2.7B |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$1.38B |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$970M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$341M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
+$130M |
Top Sells
| 1 |
XEC
CIMAREX ENERGY CO
XEC
|
+$70.3M |
| 2 |
X
US Steel
X
|
+$66.9M |
| 3 |
CELG
Celgene Corp
CELG
|
+$56.3M |
| 4 |
International Paper
IP
|
+$47.1M |
| 5 |
SWN
Southwestern Energy Company
SWN
|
+$45.8M |
Sector Composition
| 1 | Financials | 2.31% |
| 2 | Consumer Discretionary | 2.13% |
| 3 | Healthcare | 1.71% |
| 4 | Industrials | 1.43% |
| 5 | Materials | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HR
426
DELISTED
Healthcare Realty Trust Incorporated
HR
| – | – |
-14,941
| Closed | -$425K |
|
427
Apple
AAPL
$3.53T
| – | – |
-100,864
| Closed | -$3.98M |
|
428
Archer Daniels Midland
ADM
$29.9B
| – | – |
-61,184
| Closed | -$2.51M |
|
429
Ameren
AEE
$27B
| – | – |
-17,916
| Closed | -$1.17M |
|
430
American Eagle Outfitters
AEO
$3.17B
| – | – |
-12,494
| Closed | -$242K |
|
431
AES
AES
$9.06B
| – | – |
-126,823
| Closed | -$1.83M |
|
432
AGCO
AGCO
$8.23B
| – | – |
-9,218
| Closed | -$513K |
|
433
American International
AIG
$43.6B
| – | – |
-180,411
| Closed | -$7.11M |
|
|
AIV
434
Aimco
AIV
$1.1B
| – | – |
-318,604
| Closed | -$1.86M |
|
435
Arthur J. Gallagher & Co
AJG
$76.7B
| – | – |
-4,974
| Closed | -$367K |
|
436
Align Technology
ALGN
$9.92B
| – | – |
-4,274
| Closed | -$895K |
|
437
Allstate
ALL
$52.8B
| – | – |
-96,712
| Closed | -$7.99M |
|
438
Allegion
ALLE
$14.9B
| – | – |
-21,685
| Closed | -$1.73M |
|
439
Autoliv
ALV
$9.58B
| – | – |
-21,485
| Closed | -$1.51M |
|
440
Applied Materials
AMAT
$129B
| – | – |
-506,450
| Closed | -$16.6M |
|
441
Ametek
AME
$43.6B
| – | – |
-7,529
| Closed | -$510K |
|
442
Ameriprise Financial
AMP
$46.4B
| – | – |
-335,850
| Closed | -$35.1M |
|
|
ANSS
443
DELISTED
Ansys
ANSS
| – | – |
-29,799
| Closed | -$4.26M |
|
444
Ares Capital
ARCC
$15.9B
| – | – |
-99,253
| Closed | -$1.55M |
|
445
Alexandria Real Estate Equities
ARE
$14.6B
| – | – |
-7,358
| Closed | -$848K |
|
446
Arrow Electronics
ARW
$6.49B
| – | – |
-8,869
| Closed | -$612K |
|
447
Adtalem Global Education
ATGE
$4.83B
| – | – |
-9,501
| Closed | -$450K |
|
448
ATI
ATI
$10.7B
| – | – |
-27,369
| Closed | -$596K |
|
449
Atmos Energy
ATO
$26.3B
| – | – |
-8,869
| Closed | -$822K |
|
450
AptarGroup
ATR
$9.11B
| – | – |
-6,403
| Closed | -$602K |
|