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
|
$82.3M |
| 2 |
iShares China Large-Cap ETF
FXI
|
$58.6M |
| 3 |
Merck
MRK
|
$51.7M |
| 4 |
Pinduoduo
PDD
|
$40.7M |
| 5 |
Philip Morris
PM
|
$35.9M |
Top Sells
| 1 |
SPDR Gold Trust
GLD
|
$162M |
| 2 |
Meta Platforms (Facebook)
META
|
$133M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$87.5M |
| 4 |
Eli Lilly
LLY
|
$68.2M |
| 5 |
Johnson & Johnson
JNJ
|
$67.2M |
Sector Composition
| 1 | Consumer Staples | 27.66% |
| 2 | Healthcare | 21.92% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Financials | 5.4% |
| 5 | Communication Services | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Stryker
SYK
$149B
| $118M | 0.73% |
385,737
-37,477
| -9% | -$11.4M |
|
27
Booking.com
BKNG
$181B
| $116M | 0.72% |
43,039
+1,539
| +4% | +$4.16M |
|
28
Monster Beverage
MNST
$62B
| $109M | 0.68% |
1,904,846
+51,192
| +3% | +$2.94M |
|
29
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.4B
| $105M | 0.65% |
969,800
+1,400
| +0.1% | +$151K |
|
30
PayPal
PYPL
$66.5B
| $100M | 0.62% |
1,502,093
-50,675
| -3% | -$3.38M |
|
31
Estee Lauder
EL
$33.1B
| $100M | 0.62% |
509,159
+97,656
| +24% | +$19.2M |
|
32
Veeva Systems
VEEV
$44.4B
| $97.7M | 0.6% |
493,959
+14,320
| +3% | +$2.83M |
|
33
Boston Scientific
BSX
$159B
| $94M | 0.58% |
1,738,644
-203,590
| -10% | -$11M |
|
34
HCA Healthcare
HCA
$95.4B
| $91.9M | 0.57% |
302,743
-37,992
| -11% | -$11.5M |
|
35
Kimberly-Clark
KMB
$42.5B
| $90M | 0.56% |
652,059
-26,907
| -4% | -$3.71M |
|
|
36
iShares China Large-Cap ETF
FXI
$6.65B
| $88.2M | 0.54% |
3,242,776
+2,155,883
| +198% | +$58.6M |
|
37
Microsoft
MSFT
$3.76T
| $87.7M | 0.54% |
257,570
-15
| -0% | -$5.11K |
|
38
Becton Dickinson
BDX
$54.3B
| $86.9M | 0.54% |
328,985
-45,945
| -12% | -$12.1M |
|
39
Comcast
CMCSA
$125B
| $86.8M | 0.54% |
2,088,842
+292,107
| +16% | +$12.1M |
|
40
AbbVie
ABBV
$374B
| $85.5M | 0.53% |
634,305
+222,875
| +54% | +$30M |
|
41
Dollar Tree
DLTR
$20.8B
| $84.9M | 0.52% |
591,525
+64,004
| +12% | +$9.18M |
|
42
Kroger
KR
$45.1B
| $83.8M | 0.52% |
1,783,329
+191,158
| +12% | +$8.98M |
|
43
General Mills
GIS
$26.6B
| $81.6M | 0.5% |
1,064,070
-131,521
| -11% | -$10.1M |
|
|
44
Philip Morris
PM
$254B
| $79.5M | 0.49% |
814,585
+367,544
| +82% | +$35.9M |
|
45
Target
TGT
$42B
| $78.4M | 0.48% |
594,701
-69,681
| -10% | -$9.19M |
|
46
Edwards Lifesciences
EW
$47.7B
| $73.8M | 0.46% |
782,284
-160,942
| -17% | -$15.2M |
|
47
Regeneron Pharmaceuticals
REGN
$59.8B
| $72.5M | 0.45% |
100,933
+36,035
| +56% | +$25.9M |
|
48
Bristol-Myers Squibb
BMY
$96.7B
| $71.8M | 0.44% |
1,122,419
+481,035
| +75% | +$30.8M |
|
49
Dollar General
DG
$24.1B
| $70.9M | 0.44% |
417,371
-7,053
| -2% | -$1.2M |
|
50
Hershey
HSY
$37.4B
| $68.9M | 0.43% |
275,968
-29,226
| -10% | -$7.3M |
|