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 |
Cleveland-Cliffs
CLF
|
$31.6M |
| 2 |
ENDP
Endo International plc
ENDP
|
$25.5M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$22.2M |
| 4 |
Devon Energy
DVN
|
$18.4M |
| 5 |
GE Aerospace
GE
|
$18M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.2B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$795M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$53.2M |
| 4 |
Apple
AAPL
|
$48.2M |
| 5 |
Microsoft
MSFT
|
$41.4M |
Sector Composition
| 1 | Energy | 2.89% |
| 2 | Consumer Discretionary | 2.25% |
| 3 | Materials | 2.16% |
| 4 | Healthcare | 2.09% |
| 5 | Technology | 1.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
BP
BP
$87.4B
| $15.1M | 0.17% |
502,417
-17,142
| -3% | -$516K |
|
27
Chevron
CVX
$310B
| $15M | 0.17% |
139,900
| – | – |
|
28
Exxon Mobil
XOM
$466B
| $14.8M | 0.17% |
181,004
-28,196
| -13% | -$2.31M |
|
29
Capri Holdings
CPRI
$2.53B
| $14.8M | 0.17% |
387,108
-9,122
| -2% | -$348K |
|
30
IBM
IBM
$232B
| $14.7M | 0.17% |
88,540
-22,545
| -20% | -$3.75M |
|
31
Walt Disney
DIS
$212B
| $14.7M | 0.17% |
+129,847
| New | +$14.7M |
|
32
BHP
BHP
$138B
| $14.5M | 0.16% |
447,402
-27,690
| -6% | -$897K |
|
33
Rio Tinto
RIO
$104B
| $14.3M | 0.16% |
351,670
-49,530
| -12% | -$2.01M |
|
34
EOG Resources
EOG
$64.4B
| $14M | 0.16% |
143,765
| – | – |
|
35
United Parcel Service
UPS
$72.1B
| $13.8M | 0.16% |
+128,914
| New | +$13.8M |
|
36
Simon Property Group
SPG
$59.5B
| $13.2M | 0.15% |
76,784
-20,216
| -21% | -$3.48M |
|
37
Bread Financial
BFH
$3.09B
| $12.9M | 0.15% |
64,859
-6,130
| -9% | -$1.22M |
|
38
Suncor Energy
SU
$48.5B
| $12.8M | 0.14% |
416,700
-606,000
| -59% | -$18.6M |
|
39
CVS Health
CVS
$93.6B
| $12.7M | 0.14% |
161,883
+52,870
| +48% | +$4.15M |
|
40
Vale
VALE
$44.4B
| $12.6M | 0.14% |
1,321,105
+21,305
| +2% | +$202K |
|
41
Biogen
BIIB
$20.6B
| $12.4M | 0.14% |
+45,447
| New | +$12.4M |
|
42
Occidental Petroleum
OXY
$45.2B
| $12.2M | 0.14% |
192,609
+9
| +0% | +$570 |
|
|
SPLS
43
DELISTED
Staples Inc
SPLS
| $11.9M | 0.14% |
1,361,128
+338,826
| +33% | +$2.97M |
|
44
Micron Technology
MU
$147B
| $11.7M | 0.13% |
+405,342
| New | +$11.7M |
|
45
Adobe
ADBE
$148B
| $11.7M | 0.13% |
+89,664
| New | +$11.7M |
|
46
Lumen
LUMN
$4.87B
| $11.1M | 0.13% |
471,769
-609,472
| -56% | -$14.4M |
|
47
Tyson Foods
TSN
$20B
| $11.1M | 0.13% |
180,099
-55,901
| -24% | -$3.45M |
|
|
AET
48
DELISTED
Aetna Inc
AET
| $11M | 0.12% |
85,970
-103,030
| -55% | -$13.1M |
|
49
Franco-Nevada
FNV
$37.3B
| $11M | 0.12% |
167,703
-29,725
| -15% | -$1.94M |
|
50
Kohl's
KSS
$1.86B
| $10.6M | 0.12% |
266,435
+201,825
| +312% | +$8.03M |
|