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 | |
|---|---|---|---|---|---|---|
451
Tractor Supply
TSCO
$31.8B
| $203K | ﹤0.01% |
13,295
-57,080
| -81% | -$872K |
|
|
CHS
452
DELISTED
Chicos FAS, Inc.
CHS
| $203K | ﹤0.01% |
24,935
+5,508
| +28% | +$44.8K |
|
453
American Eagle Outfitters
AEO
$3.17B
| $202K | ﹤0.01% |
+8,693
| New | +$202K |
|
454
Sally Beauty Holdings
SBH
$1.45B
| $202K | ﹤0.01% |
12,599
+2,006
| +19% | +$32.2K |
|
455
Dick's Sporting Goods
DKS
$17.9B
| $201K | ﹤0.01% |
+5,707
| New | +$201K |
|
456
Rollins
ROL
$27.7B
| $201K | ﹤0.01% |
8,591
-6,210
| -42% | -$145K |
|
457
Ulta Beauty
ULTA
$23.3B
| $201K | ﹤0.01% |
+861
| New | +$201K |
|
458
Adtalem Global Education
ATGE
$4.9B
| $200K | ﹤0.01% |
4,165
-2,792
| -40% | -$134K |
|
459
Pitney Bowes
PBI
$2.18B
| $194K | ﹤0.01% |
22,663
-6,590
| -23% | -$56.4K |
|
460
Vipshop
VIPS
$8.58B
| $137K | ﹤0.01% |
+12,658
| New | +$137K |
|
461
Apple
AAPL
$3.53T
| – | – |
-156,420
| Closed | -$6.56M |
|
462
Adobe
ADBE
$152B
| – | – |
-1,265
| Closed | -$273K |
|
463
Analog Devices
ADI
$122B
| – | – |
-3,614
| Closed | -$329K |
|
464
American Financial Group
AFG
$11.5B
| – | – |
-2,259
| Closed | -$254K |
|
465
Assured Guaranty
AGO
$3.9B
| – | – |
-7,101
| Closed | -$257K |
|
|
AIV
466
Aimco
AIV
$1.1B
| – | – |
-144,161
| Closed | -$783K |
|
467
Arthur J. Gallagher & Co
AJG
$76.7B
| – | – |
-12,538
| Closed | -$862K |
|
468
Amgen
AMGN
$151B
| – | – |
-62,499
| Closed | -$10.7M |
|
469
Brink's
BCO
$4.79B
| – | – |
-4,622
| Closed | -$330K |
|
470
Bunge Global
BG
$16.9B
| – | – |
-5,964
| Closed | -$441K |
|
471
Boston Scientific
BSX
$160B
| – | – |
-100,850
| Closed | -$2.76M |
|
472
Cullen/Frost Bankers
CFR
$8.34B
| – | – |
-9,270
| Closed | -$983K |
|
473
Church & Dwight Co
CHD
$23B
| – | – |
-8,460
| Closed | -$426K |
|
474
CNA Financial
CNA
$12.9B
| – | – |
-5,139
| Closed | -$254K |
|
475
Campbell Soup
CPB
$10.1B
| – | – |
-250,416
| Closed | -$10.8M |
|