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 |
Walmart
WMT
|
+$195M |
| 2 |
Procter & Gamble
PG
|
+$170M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$134M |
| 4 |
Alibaba
BABA
|
+$113M |
| 5 |
Coca-Cola
KO
|
+$100M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$360M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$353M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$45.8M |
| 4 |
iShares MSCI China ETF
MCHI
|
+$44.4M |
| 5 |
iShares MSCI South Korea ETF
EWY
|
+$14.6M |
Sector Composition
| 1 | Consumer Staples | 15.06% |
| 2 | Consumer Discretionary | 13.12% |
| 3 | Healthcare | 5.46% |
| 4 | Industrials | 3.08% |
| 5 | Communication Services | 2.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
CMS Energy
CMS
$21.2B
| – | – |
-4,487
| Closed | -$262K |
|
452
Campbell Soup
CPB
$10B
| – | – |
-10,991
| Closed | -$545K |
|
453
Copart
CPRT
$46.4B
| – | – |
-33,828
| Closed | -$704K |
|
454
Cintas
CTAS
$80.9B
| – | – |
-15,148
| Closed | -$1.01M |
|
455
Dominion Energy
D
$50.1B
| – | – |
-2,794
| Closed | -$227K |
|
456
3D Systems Corporation
DDD
$272M
| – | – |
-22,726
| Closed | -$159K |
|
457
Digital Realty Trust
DLR
$55.1B
| – | – |
-6,913
| Closed | -$982K |
|
458
Healthpeak Properties
DOC
$12.6B
| – | – |
-19,627
| Closed | -$541K |
|
459
Amdocs
DOX
$9.44B
| – | – |
-4,860
| Closed | -$296K |
|
460
DTE Energy
DTE
$28.1B
| – | – |
-3,820
| Closed | -$349K |
|
461
DaVita
DVA
$9.73B
| – | – |
-4,435
| Closed | -$351K |
|
462
Consolidated Edison
ED
$35B
| – | – |
-5,789
| Closed | -$416K |
|
463
Equifax
EFX
$30.9B
| – | – |
-4,420
| Closed | -$760K |
|
464
Edison International
EIX
$21B
| – | – |
-6,518
| Closed | -$354K |
|
465
Elevance Health
ELV
$71.3B
| – | – |
-4,899
| Closed | -$1.29M |
|
466
Equity Residential
EQR
$25.4B
| – | – |
-13,546
| Closed | -$797K |
|
467
Erie Indemnity
ERIE
$17.4B
| – | – |
-1,903
| Closed | -$365K |
|
468
Eversource Energy
ES
$23.9B
| – | – |
-5,692
| Closed | -$474K |
|
469
Entergy
ETR
$38.9B
| – | – |
-6,846
| Closed | -$321K |
|
470
Evergy
EVRG
$16.4B
| – | – |
-3,880
| Closed | -$230K |
|
471
Exelon
EXC
$43.7B
| – | – |
-10,715
| Closed | -$277K |
|
472
FirstEnergy
FE
$25B
| – | – |
-9,074
| Closed | -$352K |
|
473
Fiserv
FI
$73.9B
| – | – |
-24,535
| Closed | -$2.4M |
|
474
Fidelity National Information Services
FIS
$35.9B
| – | – |
-22,673
| Closed | -$3.04M |
|
475
General Dynamics
GD
$86.5B
| – | – |
-10,443
| Closed | -$1.56M |
|