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 MSCI Emerging Markets ETF
IEMG
|
$84M |
| 2 |
Royal Bank of Canada
RY
|
$32.3M |
| 3 |
Toronto Dominion Bank
TD
|
$32M |
| 4 |
Cummins
CMI
|
$31.3M |
| 5 |
Toll Brothers
TOL
|
$29.5M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$176M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$148M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$71M |
| 4 |
NFX
Newfield Exploration
NFX
|
$34.3M |
| 5 |
Procter & Gamble
PG
|
$30.9M |
Sector Composition
| 1 | Financials | 3.42% |
| 2 | Healthcare | 2.95% |
| 3 | Consumer Discretionary | 2.83% |
| 4 | Energy | 2.39% |
| 5 | Industrials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Cognizant
CTSH
$34.8B
| – | – |
-29,354
| Closed | -$2.36M |
|
477
CoreCivic
CXW
$2.1B
| – | – |
-16,182
| Closed | -$316K |
|
478
Darden Restaurants
DRI
$24.6B
| – | – |
-97,969
| Closed | -$8.35M |
|
479
DaVita
DVA
$9.62B
| – | – |
-223,124
| Closed | -$14.7M |
|
480
Consolidated Edison
ED
$34.9B
| – | – |
-7,850
| Closed | -$612K |
|
481
Everest Group
EG
$14.2B
| – | – |
-992
| Closed | -$255K |
|
482
Elevance Health
ELV
$69.4B
| – | – |
-7,493
| Closed | -$1.65M |
|
483
Erie Indemnity
ERIE
$17.6B
| – | – |
-2,288
| Closed | -$269K |
|
484
East-West Bancorp
EWBC
$15.1B
| – | – |
-10,841
| Closed | -$678K |
|
485
Exelon
EXC
$43.4B
| – | – |
-30,442
| Closed | -$847K |
|
486
First American
FAF
$6.94B
| – | – |
-4,466
| Closed | -$262K |
|
487
Freeport-McMoran
FCX
$67B
| – | – |
-534,699
| Closed | -$9.4M |
|
488
Fidelity National Information Services
FIS
$36B
| – | – |
-2,969
| Closed | -$286K |
|
489
Flowers Foods
FLO
$3.15B
| – | – |
-19,964
| Closed | -$436K |
|
490
GE Aerospace
GE
$293B
| – | – |
-306,844
| Closed | -$19.8M |
|
491
Huntington Bancshares
HBAN
$25.9B
| – | – |
-63,352
| Closed | -$957K |
|
492
Hologic
HOLX
$14.8B
| – | – |
-20,164
| Closed | -$753K |
|
493
Hormel Foods
HRL
$14B
| – | – |
-16,008
| Closed | -$549K |
|
494
H&R Block
HRB
$6.97B
| – | – |
-12,862
| Closed | -$327K |
|
495
Illinois Tool Works
ITW
$77.7B
| – | – |
-8,164
| Closed | -$1.28M |
|
496
Jefferies Financial Group
JEF
$13.2B
| – | – |
-76,442
| Closed | -$1.56M |
|
497
Kellanova
K
$27.6B
| – | – |
-72,683
| Closed | -$4.44M |
|
498
Kemper
KMPR
$3.35B
| – | – |
-4,506
| Closed | -$257K |
|
499
Loews
L
$19.9B
| – | – |
-5,305
| Closed | -$264K |
|
500
Lamar Advertising Co
LAMR
$13B
| – | – |
-20,126
| Closed | -$1.28M |
|