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
|
+$42.8M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$35M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
+$25.7M |
| 4 |
GE Aerospace
GE
|
+$22.7M |
| 5 |
Intel
INTC
|
+$22.5M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$159M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$155M |
| 3 |
CVS Health
CVS
|
+$47.7M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$39.7M |
| 5 |
Oracle
ORCL
|
+$38.6M |
Sector Composition
| 1 | Financials | 3.43% |
| 2 | Consumer Discretionary | 3.34% |
| 3 | Energy | 2.23% |
| 4 | Healthcare | 1.95% |
| 5 | Industrials | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Mettler-Toledo International
MTD
$25.8B
| – | – |
-390
| Closed | -$226K |
|
477
Murphy USA
MUSA
$7.26B
| – | – |
-2,781
| Closed | -$207K |
|
478
Nordson
NDSN
$12.6B
| – | – |
-2,644
| Closed | -$340K |
|
479
NewMarket
NEU
$7.86B
| – | – |
-733
| Closed | -$296K |
|
480
National Fuel Gas
NFG
$7.87B
| – | – |
-6,770
| Closed | -$359K |
|
481
Northrop Grumman
NOC
$83B
| – | – |
-1,835
| Closed | -$565K |
|
482
NVIDIA
NVDA
$4.32T
| – | – |
-34,840
| Closed | -$206K |
|
483
O-I Glass
OI
$1.95B
| – | – |
-33,920
| Closed | -$570K |
|
484
Oshkosh
OSK
$8.75B
| – | – |
-5,162
| Closed | -$363K |
|
485
Penske Automotive Group
PAG
$12.2B
| – | – |
-4,366
| Closed | -$205K |
|
486
Pitney Bowes
PBI
$1.96B
| – | – |
-22,663
| Closed | -$194K |
|
487
PG&E
PCG
$33.5B
| – | – |
-775,654
| Closed | -$33M |
|
488
PotlatchDeltic
PCH
$3.21B
| – | – |
-8,620
| Closed | -$438K |
|
489
Progressive
PGR
$144B
| – | – |
-73,080
| Closed | -$4.32M |
|
490
Parker-Hannifin
PH
$96.9B
| – | – |
-18,860
| Closed | -$2.94M |
|
491
Packaging Corp of America
PKG
$19.2B
| – | – |
-8,006
| Closed | -$895K |
|
492
PNC Financial Services
PNC
$79.5B
| – | – |
-7,499
| Closed | -$1.01M |
|
493
Pinnacle West Capital
PNW
$10.5B
| – | – |
-4,470
| Closed | -$360K |
|
494
Royal Caribbean
RCL
$92.8B
| – | – |
-42,131
| Closed | -$4.37M |
|
495
Reinsurance Group of America
RGA
$12.7B
| – | – |
-5,951
| Closed | -$794K |
|
496
ResMed
RMD
$39.6B
| – | – |
-5,565
| Closed | -$576K |
|
497
Rollins
ROL
$27.3B
| – | – |
-8,591
| Closed | -$201K |
|
498
Regal Rexnord
RRX
$9.39B
| – | – |
-4,314
| Closed | -$353K |
|
499
Reliance Steel & Aluminium
RS
$15.4B
| – | – |
-16,731
| Closed | -$1.47M |
|
500
Revvity
RVTY
$9.58B
| – | – |
-28,622
| Closed | -$2.1M |
|