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 |
Alphabet (Google) Class A
GOOGL
|
$502M |
| 2 |
NVIDIA
NVDA
|
$394M |
| 3 |
Apple
AAPL
|
$316M |
| 4 |
Amazon
AMZN
|
$189M |
| 5 |
Microsoft
MSFT
|
$161M |
Top Sells
| 1 |
Costco
COST
|
$112M |
| 2 |
Coca-Cola
KO
|
$105M |
| 3 |
Pinduoduo
PDD
|
$104M |
| 4 |
Cisco
CSCO
|
$90M |
| 5 |
Procter & Gamble
PG
|
$87.1M |
Sector Composition
| 1 | Consumer Staples | 18.95% |
| 2 | Healthcare | 17.5% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 11.08% |
| 5 | Communication Services | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Mastercard
MA
$528B
| $168M | 0.85% |
348,708
+72,519
| +26% | +$34.9M |
|
27
McKesson
MCK
$85.5B
| $167M | 0.85% |
311,454
-23,811
| -7% | -$12.8M |
|
28
Chipotle Mexican Grill
CMG
$55.1B
| $157M | 0.8% |
2,704,650
-5,050
| -0.2% | -$294K |
|
29
iShares MSCI Brazil ETF
EWZ
$5.47B
| $151M | 0.76% |
4,657,860
+1,907,126
| +69% | +$61.8M |
|
30
Mondelez International
MDLZ
$79.9B
| $149M | 0.76% |
2,134,695
-290,619
| -12% | -$20.3M |
|
31
Target
TGT
$42.3B
| $138M | 0.7% |
781,310
+5,263
| +0.7% | +$933K |
|
32
iShares MBS ETF
MBB
$41.3B
| $137M | 0.69% |
1,478,500
+26,700
| +2% | +$2.47M |
|
33
Cigna
CI
$81.5B
| $127M | 0.64% |
349,645
-24,045
| -6% | -$8.73M |
|
34
PayPal
PYPL
$65.2B
| $123M | 0.62% |
1,831,735
+388,891
| +27% | +$26.1M |
|
35
Advanced Micro Devices
AMD
$245B
| $123M | 0.62% |
+679,454
| New | +$123M |
|
36
Fiserv
FI
$73.4B
| $119M | 0.6% |
741,969
+97,654
| +15% | +$15.6M |
|
37
Stryker
SYK
$150B
| $118M | 0.6% |
329,888
-75,160
| -19% | -$26.9M |
|
38
Uber
UBER
$190B
| $117M | 0.59% |
1,516,031
+816,943
| +117% | +$62.9M |
|
39
Colgate-Palmolive
CL
$68.8B
| $116M | 0.59% |
1,292,799
-254,087
| -16% | -$22.9M |
|
40
HCA Healthcare
HCA
$98.5B
| $116M | 0.58% |
346,313
-79,963
| -19% | -$26.7M |
|
41
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.8B
| $110M | 0.56% |
1,013,200
+53,200
| +6% | +$5.79M |
|
42
Booking.com
BKNG
$178B
| $97.7M | 0.49% |
26,918
-9,776
| -27% | -$35.5M |
|
43
Boston Scientific
BSX
$159B
| $92.1M | 0.47% |
1,344,499
-413,013
| -23% | -$28.3M |
|
44
Veeva Systems
VEEV
$44.7B
| $91.6M | 0.46% |
395,296
-55,539
| -12% | -$12.9M |
|
45
Intuitive Surgical
ISRG
$167B
| $87.2M | 0.44% |
218,536
-200,499
| -48% | -$80M |
|
46
Applied Materials
AMAT
$130B
| $86.2M | 0.44% |
417,897
+401,292
| +2,417% | +$82.8M |
|
47
AbbVie
ABBV
$375B
| $81.9M | 0.41% |
449,779
-157,114
| -26% | -$28.6M |
|
48
DoorDash
DASH
$105B
| $81.9M | 0.41% |
594,666
+26,848
| +5% | +$3.7M |
|
49
KLA
KLAC
$119B
| $81.7M | 0.41% |
117,012
+96,353
| +466% | +$67.3M |
|
50
Kroger
KR
$44.8B
| $80.1M | 0.41% |
1,402,374
-530,214
| -27% | -$30.3M |
|