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 Core S&P 500 ETF
IVV
|
+$352M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$166M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$143M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$63.7M |
| 5 |
Bread Financial
BFH
|
+$59.9M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$131M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$85.8M |
| 3 |
iShares MSCI Taiwan ETF
EWT
|
+$37M |
| 4 |
Toll Brothers
TOL
|
+$34.5M |
| 5 |
NFX
Newfield Exploration
NFX
|
+$24.9M |
Sector Composition
| 1 | Financials | 5.64% |
| 2 | Consumer Discretionary | 4.56% |
| 3 | Energy | 3.53% |
| 4 | Healthcare | 2.96% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Eastman Chemical
EMN
$7.48B
| $45.7M | 0.42% |
+624,555
| New | +$45.7M |
|
27
HF Sinclair
DINO
$9.66B
| $44.7M | 0.41% |
874,180
+774,449
| +777% | +$39.6M |
|
|
SWN
28
DELISTED
Southwestern Energy Company
SWN
| $44.2M | 0.4% |
12,957,878
+11,592,414
| +849% | +$39.5M |
|
|
BBBY
29
DELISTED
Bed Bath & Beyond Inc
BBBY
| $42.6M | 0.39% |
3,759,819
+2,538,821
| +208% | +$28.7M |
|
30
Royal Bank of Canada
RY
$205B
| $40M | 0.37% |
584,435
-114,878
| -16% | -$7.86M |
|
|
DISH
31
DELISTED
DISH Network Corp.
DISH
| $39.6M | 0.36% |
1,583,906
+1,067,396
| +207% | +$26.7M |
|
32
CVS Health
CVS
$93.2B
| $39.1M | 0.36% |
597,410
+505,194
| +548% | +$33.1M |
|
|
33
iShares MSCI Brazil ETF
EWZ
$5.63B
| $38.7M | 0.35% |
1,012,041
-3,437,787
| -77% | -$131M |
|
34
Toronto Dominion Bank
TD
$133B
| $37.1M | 0.34% |
746,631
-146,985
| -16% | -$7.3M |
|
35
GE Aerospace
GE
$304B
| $36.4M | 0.33% |
1,004,108
+584,142
| +139% | +$21.2M |
|
36
NetApp
NTAP
$24.8B
| $35.7M | 0.33% |
598,957
+591,738
| +8,197% | +$35.3M |
|
37
Goldman Sachs
GS
$238B
| $35.6M | 0.33% |
213,259
+202,373
| +1,859% | +$33.8M |
|
38
Ameriprise Financial
AMP
$46B
| $35.1M | 0.32% |
+335,850
| New | +$35.1M |
|
39
Cardinal Health
CAH
$35.9B
| $34.9M | 0.32% |
782,043
+603,494
| +338% | +$26.9M |
|
40
Colgate-Palmolive
CL
$66.4B
| $34.5M | 0.32% |
579,911
+488,966
| +538% | +$29.1M |
|
41
Lincoln National
LNC
$7.82B
| $34.5M | 0.32% |
672,203
+651,262
| +3,110% | +$33.4M |
|
42
Micron Technology
MU
$177B
| $33.7M | 0.31% |
1,060,657
+606,611
| +134% | +$19.2M |
|
43
Invesco
IVZ
$9.96B
| $32.8M | 0.3% |
1,960,843
+932,770
| +91% | +$15.6M |
|
44
Capital One
COF
$145B
| $32.7M | 0.3% |
432,413
+395,351
| +1,067% | +$29.9M |
|
45
Urban Outfitters
URBN
$6.46B
| $30.5M | 0.28% |
918,127
+492,138
| +116% | +$16.3M |
|
46
Phillips 66
PSX
$53B
| $29M | 0.27% |
337,063
+282,837
| +522% | +$24.4M |
|
47
Bristol-Myers Squibb
BMY
$94.3B
| $28.9M | 0.26% |
555,523
+298,453
| +116% | +$15.5M |
|
48
Pultegroup
PHM
$26.6B
| $28.8M | 0.26% |
1,106,397
+54,627
| +5% | +$1.42M |
|
49
Skyworks Solutions
SWKS
$10.8B
| $28.6M | 0.26% |
426,662
+327,317
| +329% | +$21.9M |
|
|
ALXN
50
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $27.1M | 0.25% |
+277,885
| New | +$27.1M |
|