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 |
JPMorgan Chase
JPM
|
$90.5M |
| 2 |
Bank of America
BAC
|
$66.1M |
| 3 |
Wells Fargo
WFC
|
$47.5M |
| 4 |
Citigroup
C
|
$36.1M |
| 5 |
US Bancorp
USB
|
$19.3M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$561M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$504M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
$404M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
$80.8M |
| 5 |
Macy's
M
|
$56.8M |
Sector Composition
| 1 | Financials | 6.62% |
| 2 | Consumer Discretionary | 3.62% |
| 3 | Industrials | 2.15% |
| 4 | Materials | 1.56% |
| 5 | Technology | 1.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Royal Bank of Canada
RY
$205B
| $37.3M | 0.38% | 470,918 -3,914 | -0.8% | -$310K |
|
|
27
Citigroup
C
$178B
| $36.1M | 0.37% | +452,049 | New | +$36.1M |
|
28
iShares TIPS Bond ETF
TIP
$13.6B
| $33.9M | 0.35% | 291,159 +23,077 | +9% | +$2.69M |
|
29
Toronto Dominion Bank
TD
$128B
| $33.8M | 0.34% | 601,144 -5,591 | -0.9% | -$314K |
|
30
Scotiabank
BNS
$77.6B
| $23.3M | 0.24% | 411,537 -4,490 | -1% | -$254K |
|
31
Canadian National Railway
CNI
$60.4B
| $21.6M | 0.22% | 237,955 -2,102 | -0.9% | -$190K |
|
32
Suncor Energy
SU
$50.1B
| $19.8M | 0.2% | 602,100 -4,876 | -0.8% | -$160K |
|
|
33
US Bancorp
USB
$76B
| $19.3M | 0.2% | +325,383 | New | +$19.3M |
|
34
Tesla
TSLA
$1.08T
| $17.8M | 0.18% | +42,484 | New | +$17.8M |
|
35
Goldman Sachs
GS
$226B
| $17.6M | 0.18% | +76,326 | New | +$17.6M |
|
36
Morgan Stanley
MS
$240B
| $17.2M | 0.18% | +335,701 | New | +$17.2M |
|
37
TC Energy
TRP
$54.1B
| $16.6M | 0.17% | 311,513 -3,079 | -1% | -$164K |
|
38
JD.com
JD
$44.1B
| $16.5M | 0.17% | 467,916 -6,137 | -1% | -$216K |
|
39
Bank of Montreal
BMO
$86.7B
| $16.1M | 0.16% | 208,020 -1,562 | -0.7% | -$121K |
|
40
Blackrock
BLK
$175B
| $16.1M | 0.16% | +32,065 | New | +$16.1M |
|
41
Brookfield
BN
$98.3B
| $16.1M | 0.16% | 277,824 -3,239 | -1% | -$187K |
|
42
NetEase
NTES
$86.2B
| $15.9M | 0.16% | 51,909 -202 | -0.4% | -$61.9K |
|
43
Canadian Natural Resources
CNQ
$65.9B
| $15.2M | 0.16% | 470,461 -542 | -0.1% | -$17.6K |
|
44
PNC Financial Services
PNC
$81.7B
| $14.5M | 0.15% | +90,809 | New | +$14.5M |
|
45
Baidu
BIDU
$32.8B
| $13.8M | 0.14% | 108,821 -366 | -0.3% | -$46.3K |
|
46
Bread Financial
BFH
$3.09B
| $13.4M | 0.14% | 119,534 -447,310 | -79% | -$50.2M |
|
47
VF Corp
VFC
$5.91B
| $13.1M | 0.13% | +131,601 | New | +$13.1M |
|
48
Charles Schwab
SCHW
$174B
| $12.7M | 0.13% | +266,344 | New | +$12.7M |
|
49
Manulife Financial
MFC
$52.2B
| $12.3M | 0.13% | 603,070 -3,437 | -0.6% | -$69.9K |
|
50
Canadian Pacific Kansas City
CP
$69.9B
| $12.2M | 0.12% | 47,856 -661 | -1% | -$169K |
|