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 |
NVIDIA
NVDA
|
$693M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$451M |
| 3 |
Microsoft
MSFT
|
$450M |
| 4 |
Johnson & Johnson
JNJ
|
$303M |
| 5 |
Uber
UBER
|
$293M |
Top Sells
| 1 |
Alibaba
BABA
|
$748M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$452M |
| 3 |
Constellation Energy
CEG
|
$257M |
| 4 |
Pinduoduo
PDD
|
$206M |
| 5 |
Baidu
BIDU
|
$191M |
Sector Composition
| 1 | Technology | 28.87% |
| 2 | Communication Services | 11.52% |
| 3 | Financials | 9.89% |
| 4 | Healthcare | 8.37% |
| 5 | Consumer Discretionary | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Fiserv
FI
$74.3B
| $218M | 0.88% |
1,261,873
+98,525
| +8% | +$17M |
|
27
Cigna
CI
$80.1B
| $204M | 0.82% |
616,626
+75,444
| +14% | +$24.9M |
|
28
ServiceNow
NOW
$190B
| $201M | 0.81% |
195,574
-39,358
| -17% | -$40.5M |
|
29
Charter Communications
CHTR
$35.8B
| $178M | 0.72% |
436,341
+221,796
| +103% | +$90.7M |
|
30
DoorDash
DASH
$106B
| $177M | 0.71% |
718,082
-28,668
| -4% | -$7.07M |
|
31
British American Tobacco
BTI
$120B
| $161M | 0.65% |
3,409,082
+174,926
| +5% | +$8.28M |
|
32
Lam Research
LRCX
$123B
| $160M | 0.64% |
1,638,780
-321,457
| -16% | -$31.3M |
|
33
Vistra
VST
$63.8B
| $158M | 0.64% |
817,614
-808,637
| -50% | -$157M |
|
34
HCA Healthcare
HCA
$95.3B
| $156M | 0.63% |
406,706
-22,020
| -5% | -$8.44M |
|
35
MetLife
MET
$53.5B
| $152M | 0.61% |
1,889,902
+101,299
| +6% | +$8.15M |
|
36
Pinterest
PINS
$25.1B
| $147M | 0.59% |
4,091,277
+463,431
| +13% | +$16.6M |
|
37
Expedia Group
EXPE
$26.2B
| $143M | 0.58% |
848,568
-49,235
| -5% | -$8.3M |
|
38
AT&T
T
$208B
| $143M | 0.58% |
4,939,124
+2,158,510
| +78% | +$62.5M |
|
39
eBay
EBAY
$41.1B
| $141M | 0.57% |
1,899,039
+566,592
| +43% | +$42.2M |
|
40
Sea Limited
SE
$107B
| $140M | 0.56% |
872,932
+367,218
| +73% | +$58.7M |
|
41
Citigroup
C
$174B
| $139M | 0.56% |
1,631,392
-380,366
| -19% | -$32.4M |
|
42
iShares MBS ETF
MBB
$40.9B
| $137M | 0.55% |
1,460,200
+12,600
| +0.9% | +$1.18M |
|
43
NRG Energy
NRG
$28.3B
| $131M | 0.53% |
817,082
+162,889
| +25% | +$26.2M |
|
44
Cisco
CSCO
$268B
| $130M | 0.52% |
1,874,132
+1,622,309
| +644% | +$113M |
|
45
Bristol-Myers Squibb
BMY
$96.6B
| $125M | 0.5% |
2,703,724
+362,486
| +15% | +$16.8M |
|
46
Qualcomm
QCOM
$169B
| $122M | 0.49% |
763,746
-326,331
| -30% | -$52M |
|
|
XYZ
47
Block, Inc.
XYZ
$46.1B
| $118M | 0.48% |
1,736,983
-254,048
| -13% | -$17.3M |
|
48
iShares MSCI South Korea ETF
EWY
$5.16B
| $117M | 0.47% |
1,627,624
+123,392
| +8% | +$8.86M |
|
49
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.4B
| $113M | 0.46% |
1,035,300
+11,200
| +1% | +$1.23M |
|
50
Emcor
EME
$27.9B
| $111M | 0.45% |
208,412
-11,251
| -5% | -$6.02M |
|