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 |
PG&E
PCG
|
$38M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$37.4M |
| 3 |
CVS Health
CVS
|
$30.5M |
| 4 |
Cardinal Health
CAH
|
$29.1M |
| 5 |
CELG
Celgene Corp
CELG
|
$21.4M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.55B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$890M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$526M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$42.8M |
| 5 |
Kroger
KR
|
$42.3M |
Sector Composition
| 1 | Healthcare | 1.72% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.05% |
| 4 | Materials | 0.96% |
| 5 | Energy | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BBBY
26
DELISTED
Bed Bath & Beyond Inc
BBBY
| $24.4M | 0.2% |
1,111,621
-224,433
| -17% | -$4.94M |
|
27
Cleveland-Cliffs
CLF
$5.63B
| $24M | 0.2% |
3,326,102
+553,957
| +20% | +$3.99M |
|
28
Bread Financial
BFH
$3.09B
| $21.2M | 0.17% |
104,880
-59,780
| -36% | -$12.1M |
|
29
PPL Corp
PPL
$26.6B
| $20.9M | 0.17% |
+676,739
| New | +$20.9M |
|
30
Micron Technology
MU
$147B
| $19.9M | 0.16% |
484,884
+384,901
| +385% | +$15.8M |
|
31
Kimberly-Clark
KMB
$43.1B
| $18.6M | 0.15% |
154,265
+19,495
| +14% | +$2.35M |
|
|
ENDP
32
DELISTED
Endo International plc
ENDP
| $16.5M | 0.13% |
2,122,848
+150,629
| +8% | +$1.17M |
|
33
Edison International
EIX
$21B
| $16.2M | 0.13% |
+255,910
| New | +$16.2M |
|
34
Freeport-McMoran
FCX
$66.5B
| $16M | 0.13% |
844,766
-145,100
| -15% | -$2.75M |
|
35
Costco
COST
$427B
| $15.6M | 0.13% |
83,954
+67,017
| +396% | +$12.5M |
|
36
Chipotle Mexican Grill
CMG
$55.1B
| $14.3M | 0.12% |
+2,470,050
| New | +$14.3M |
|
37
Royal Bank of Canada
RY
$204B
| $14.1M | 0.12% |
172,551
-120,137
| -41% | -$9.84M |
|
38
United Therapeutics
UTHR
$18.1B
| $13.9M | 0.11% |
93,723
+953
| +1% | +$141K |
|
39
Western Union
WU
$2.86B
| $13M | 0.11% |
684,822
-17,745
| -3% | -$337K |
|
40
Toronto Dominion Bank
TD
$127B
| $12.8M | 0.1% |
217,556
-152,260
| -41% | -$8.95M |
|
41
TJX Companies
TJX
$155B
| $12.3M | 0.1% |
322,304
+18,164
| +6% | +$694K |
|
42
Oracle
ORCL
$654B
| $12.2M | 0.1% |
+258,428
| New | +$12.2M |
|
43
Ross Stores
ROST
$49.4B
| $11.4M | 0.09% |
142,572
-65,578
| -32% | -$5.26M |
|
44
Procter & Gamble
PG
$375B
| $11M | 0.09% |
+119,531
| New | +$11M |
|
45
lululemon athletica
LULU
$19.9B
| $11M | 0.09% |
139,546
+132,747
| +1,952% | +$10.4M |
|
46
Eli Lilly
LLY
$652B
| $10.5M | 0.09% |
+123,940
| New | +$10.5M |
|
47
Transocean
RIG
$2.9B
| $10.5M | 0.09% |
979,945
-780,768
| -44% | -$8.34M |
|
48
Interpublic Group of Companies
IPG
$9.94B
| $10.3M | 0.08% |
+510,707
| New | +$10.3M |
|
49
Scotiabank
BNS
$78.8B
| $10M | 0.08% |
154,693
-99,625
| -39% | -$6.45M |
|
50
Ecolab
ECL
$77.6B
| $10M | 0.08% |
74,554
+13,406
| +22% | +$1.8M |
|