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 Brazil ETF
EWZ
|
$94.7M |
| 2 |
B
Barrick Mining Corporation
B
|
$19.3M |
| 3 |
LyondellBasell Industries
LYB
|
$18.9M |
| 4 |
SPLS
Staples Inc
SPLS
|
$18.3M |
| 5 |
Johnson & Johnson
JNJ
|
$15.7M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$170M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$161M |
| 3 |
Micron Technology
MU
|
$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
$23.3M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$21.2M |
Sector Composition
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Rio Tinto
RIO
$101B
| $16.3M | 0.2% |
520,900
+4,000
| +0.8% | +$125K |
|
27
Toll Brothers
TOL
$14B
| $16.3M | 0.2% |
604,652
+46,652
| +8% | +$1.26M |
|
28
BP
BP
$88.4B
| $16.1M | 0.2% |
539,340
-19,372
| -3% | -$579K |
|
29
FedEx
FDX
$53.2B
| $16M | 0.2% |
105,536
+68,500
| +185% | +$10.4M |
|
30
BHP
BHP
$141B
| $15.8M | 0.2% |
618,692
-2,915
| -0.5% | -$74.3K |
|
|
31
Johnson & Johnson
JNJ
$431B
| $15.7M | 0.2% |
+129,700
| New | +$15.7M |
|
32
Chevron
CVX
$318B
| $15.3M | 0.19% |
146,000
-3,700
| -2% | -$388K |
|
33
Microsoft
MSFT
$3.78T
| $15.3M | 0.19% |
299,048
-341,200
| -53% | -$17.5M |
|
34
Exxon Mobil
XOM
$479B
| $15.3M | 0.19% |
163,200
-5,600
| -3% | -$525K |
|
35
Occidental Petroleum
OXY
$45.9B
| $15.2M | 0.19% |
200,900
-9,100
| -4% | -$688K |
|
36
ConocoPhillips
COP
$120B
| $15M | 0.19% |
343,544
-16,500
| -5% | -$719K |
|
37
Merck
MRK
$210B
| $14.5M | 0.18% |
263,620
+42,758
| +19% | +$2.35M |
|
38
Parker-Hannifin
PH
$95.9B
| $14.4M | 0.18% |
+133,700
| New | +$14.4M |
|
|
DISCA
39
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $14.3M | 0.18% |
568,164
+481,727
| +557% | +$12.2M |
|
40
CVS Health
CVS
$93.5B
| $14.3M | 0.18% |
+149,700
| New | +$14.3M |
|
41
United Rentals
URI
$62.1B
| $14.2M | 0.18% |
211,276
-31,634
| -13% | -$2.12M |
|
42
Mondelez International
MDLZ
$78.8B
| $13.8M | 0.17% |
303,700
+67,065
| +28% | +$3.05M |
|
43
Bristol-Myers Squibb
BMY
$95B
| $13.7M | 0.17% |
186,454
+99,609
| +115% | +$7.33M |
|
44
EOG Resources
EOG
$66.4B
| $13.6M | 0.17% |
163,065
-11,200
| -6% | -$934K |
|
45
Kohl's
KSS
$1.84B
| $13.4M | 0.17% |
353,509
+264,342
| +296% | +$10M |
|
46
Imperial Oil
IMO
$44.5B
| $13.2M | 0.17% |
420,500
+150,500
| +56% | +$4.74M |
|
47
Motorola Solutions
MSI
$79.7B
| $13.1M | 0.16% |
198,230
+172,530
| +671% | +$11.4M |
|
48
McDonald's
MCD
$226B
| $12.9M | 0.16% |
106,987
-18,839
| -15% | -$2.27M |
|
49
Petrobras
PBR
$79.8B
| $12.9M | 0.16% |
1,797,900
-97,400
| -5% | -$697K |
|
|
ESV
50
DELISTED
Ensco Rowan plc
ESV
| $12.8M | 0.16% |
329,879
-145,887
| -31% | -$5.67M |
|