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
|
$147M |
| 2 |
PepsiCo
PEP
|
$23.8M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$20.4M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
$17.2M |
| 5 |
Las Vegas Sands
LVS
|
$17.1M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$277M |
| 2 |
Micron Technology
MU
|
$29M |
| 3 |
AGN
ALLERGAN INC
AGN
|
$20.6M |
| 4 |
Intel
INTC
|
$16.7M |
| 5 |
Valero Energy
VLO
|
$14.2M |
Sector Composition
| 1 | Technology | 2.39% |
| 2 | Energy | 2.15% |
| 3 | Materials | 1.21% |
| 4 | Healthcare | 0.97% |
| 5 | Consumer Discretionary | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Exxon Mobil
XOM
$487B
| $13.4M | 0.11% | 132,671 +14,000 | +12% | +$1.42M |
|
27
Occidental Petroleum
OXY
$46.9B
| $13.3M | 0.11% | 140,300 +21,300 | +18% | +$2.03M |
|
28
Baxter International
BAX
$12.7B
| $13.1M | 0.11% | 188,663 -62,400 | -25% | -$4.34M |
|
|
MXIM
29
DELISTED
Maxim Integrated Products
MXIM
| $12.9M | 0.1% | +463,510 | New | +$12.9M |
|
30
HP
HPQ
$26.7B
| $12.9M | 0.1% | 461,800 -370,600 | -45% | -$10.4M |
|
31
Imperial Oil
IMO
$46.2B
| $12.8M | 0.1% | 288,900 +2,500 | +0.9% | +$111K |
|
|
APC
32
DELISTED
Anadarko Petroleum
APC
| $12.8M | 0.1% | 161,200 +50,244 | +45% | +$3.99M |
|
33
Rio Tinto
RIO
$102B
| $12.7M | 0.1% | 224,600 +64,900 | +41% | +$3.66M |
|
34
Canadian Natural Resources
CNQ
$65.9B
| $12.7M | 0.1% | 374,200 +5,400 | +1% | +$183K |
|
35
BP
BP
$90.8B
| $12.6M | 0.1% | 258,900 +86,600 | +50% | +$4.21M |
|
|
ATVI
36
DELISTED
Activision Blizzard Inc.
ATVI
| $12.3M | 0.1% | +690,089 | New | +$12.3M |
|
|
FRX
37
DELISTED
FOREST LABORATORIES INC
FRX
| $12.1M | 0.1% | +201,461 | New | +$12.1M |
|
38
Chevron
CVX
$324B
| $12M | 0.1% | 96,100 +37,200 | +63% | +$4.65M |
|
|
CHK
39
DELISTED
Chesapeake Energy Corporation
CHK
| $11.6M | 0.09% | 426,969 +349,169 | +449% | +$9.48M |
|
40
Cisco
CSCO
$274B
| $11.6M | 0.09% | 516,580 +165,600 | +47% | +$3.71M |
|
41
BHP
BHP
$142B
| $11.5M | 0.09% | 169,311 +56,500 | +50% | +$3.85M |
|
42
ConocoPhillips
COP
$124B
| $11.3M | 0.09% | 159,500 +36,300 | +29% | +$2.56M |
|
43
Coca-Cola
KO
$297B
| $11.2M | 0.09% | 270,674 +164,200 | +154% | +$6.78M |
|
44
Vale
VALE
$43.9B
| $11.2M | 0.09% | 731,200 +248,700 | +52% | +$3.79M |
|
|
EMC
45
DELISTED
EMC CORPORATION
EMC
| $11.1M | 0.09% | 441,962 +12,400 | +3% | +$312K |
|
46
Petrobras
PBR
$79.9B
| $10.5M | 0.08% | 761,800 +252,400 | +50% | +$3.48M |
|
47
Procter & Gamble
PG
$368B
| $10.5M | 0.08% | +128,531 | New | +$10.5M |
|
48
Johnson & Johnson
JNJ
$427B
| $10.4M | 0.08% | 113,193 +85,900 | +315% | +$7.87M |
|
49
BCE
BCE
$23.3B
| $10.2M | 0.08% | 236,200 -32,700 | -12% | -$1.42M |
|
|
ESRX
50
DELISTED
Express Scripts Holding Company
ESRX
| $10M | 0.08% | 142,688 -75,900 | -35% | -$5.33M |
|