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 Taiwan ETF
EWT
|
$145M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$137M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$77M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$43.6M |
| 5 |
DaVita
DVA
|
$35.1M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 4.52% |
| 2 | Healthcare | 3.3% |
| 3 | Financials | 3.21% |
| 4 | Energy | 2.63% |
| 5 | Communication Services | 1.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBA
26
DELISTED
Walgreens Boots Alliance
WBA
| $46.7M | 0.41% | 844,790 +498,520 | +144% | +$27.6M |
|
|
ALXN
27
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $46.6M | 0.41% | 475,487 +445,246 | +1,472% | +$43.6M |
|
|
28
DaVita
DVA
$9.85B
| $41.5M | 0.36% | 727,788 +614,825 | +544% | +$35.1M |
|
29
Royal Bank of Canada
RY
$205B
| $38.5M | 0.34% | 474,832 | – | – |
|
|
PARA
30
DELISTED
Paramount Global Class B
PARA
| $38.2M | 0.34% | 945,703 +639,671 | +209% | +$25.8M |
|
31
iShares MSCI Mexico ETF
EWW
$1.78B
| $36.6M | 0.32% | 855,975 +363,633 | +74% | +$15.5M |
|
32
Toronto Dominion Bank
TD
$128B
| $35.4M | 0.31% | 606,735 | – | – |
|
33
Foot Locker
FL
$2.36B
| $35.4M | 0.31% | 819,402 +215,352 | +36% | +$9.29M |
|
|
JWN
34
DELISTED
Nordstrom
JWN
| $34.7M | 0.3% | 1,030,217 +82,971 | +9% | +$2.79M |
|
35
iShares China Large-Cap ETF
FXI
$6.65B
| $34.2M | 0.3% | 859,503 +143,317 | +20% | +$5.7M |
|
36
iShares MSCI China ETF
MCHI
$7.91B
| $33.8M | 0.3% | 602,720 +102,364 | +20% | +$5.74M |
|
37
Cencora
COR
$56.5B
| $32.9M | 0.29% | 399,252 +222,143 | +125% | +$18.3M |
|
38
Kohl's
KSS
$1.69B
| $32.5M | 0.29% | 654,710 -57,187 | -8% | -$2.84M |
|
39
iShares TIPS Bond ETF
TIP
$13.6B
| $31.2M | 0.27% | 268,082 -1,027,070 | -79% | -$119M |
|
40
Elevance Health
ELV
$71.8B
| $31.1M | 0.27% | 129,345 +85,011 | +192% | +$20.4M |
|
|
SWN
41
DELISTED
Southwestern Energy Company
SWN
| $30.4M | 0.27% | 15,747,929 +228,454 | +1% | +$441K |
|
42
Cleveland-Cliffs
CLF
$5.32B
| $29.5M | 0.26% | 4,081,690 +2,134,146 | +110% | +$15.4M |
|
43
Clorox
CLX
$14.5B
| $27.4M | 0.24% | 180,535 +36,812 | +26% | +$5.59M |
|
44
EQT Corp
EQT
$32.4B
| $26.9M | 0.24% | 2,529,370 +1,177,026 | +87% | +$12.5M |
|
45
Invesco
IVZ
$9.76B
| $25.9M | 0.23% | +1,531,460 | New | +$25.9M |
|
46
Simon Property Group
SPG
$59B
| $25.5M | 0.22% | 164,059 +85,734 | +109% | +$13.3M |
|
47
Newmont
NEM
$81.7B
| $25.4M | 0.22% | 669,124 +63,587 | +11% | +$2.41M |
|
|
XLNX
48
DELISTED
Xilinx Inc
XLNX
| $24.7M | 0.22% | 257,092 +223,444 | +664% | +$21.4M |
|
49
Martin Marietta Materials
MLM
$37.2B
| $23.9M | 0.21% | 87,313 +57,062 | +189% | +$15.6M |
|
50
Scotiabank
BNS
$77.6B
| $23.6M | 0.21% | 416,027 | – | – |
|