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 MSCI Emerging Markets ETF
EEM
|
+$2.7B |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$1.38B |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$970M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$341M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
+$130M |
Top Sells
| 1 |
XEC
CIMAREX ENERGY CO
XEC
|
+$70.3M |
| 2 |
X
US Steel
X
|
+$66.9M |
| 3 |
CELG
Celgene Corp
CELG
|
+$56.3M |
| 4 |
International Paper
IP
|
+$47.1M |
| 5 |
SWN
Southwestern Energy Company
SWN
|
+$45.8M |
Sector Composition
| 1 | Financials | 2.31% |
| 2 | Consumer Discretionary | 2.13% |
| 3 | Healthcare | 1.71% |
| 4 | Industrials | 1.43% |
| 5 | Materials | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Camden Property Trust
CPT
$11.9B
| – | – |
-12,687
| Closed | -$1.12M |
|
477
Charles River Laboratories
CRL
$7.97B
| – | – |
-15,166
| Closed | -$1.72M |
|
478
CSX Corp
CSX
$60.5B
| – | – |
-131,070
| Closed | -$2.71M |
|
479
Cognizant
CTSH
$34.8B
| – | – |
-306,763
| Closed | -$19.5M |
|
480
Crane NXT
CXT
$3.54B
| – | – |
-20,490
| Closed | -$514K |
|
481
CoreCivic
CXW
$2.1B
| – | – |
-24,634
| Closed | -$439K |
|
482
Delta Air Lines
DAL
$40.3B
| – | – |
-83,225
| Closed | -$4.15M |
|
483
Donaldson
DCI
$9.47B
| – | – |
-11,878
| Closed | -$515K |
|
484
Douglas Emmett
DEI
$2.77B
| – | – |
-12,388
| Closed | -$423K |
|
|
DHC
485
Diversified Healthcare Trust
DHC
$1.04B
| – | – |
-35,696
| Closed | -$418K |
|
486
Dick's Sporting Goods
DKS
$17.9B
| – | – |
-7,569
| Closed | -$236K |
|
487
Digital Realty Trust
DLR
$55B
| – | – |
-17,792
| Closed | -$1.9M |
|
488
Deluxe
DLX
$875M
| – | – |
-36,121
| Closed | -$1.39M |
|
489
DTE Energy
DTE
$28B
| – | – |
-12,213
| Closed | -$1.15M |
|
490
Electronic Arts
EA
$42B
| – | – |
-34,581
| Closed | -$2.73M |
|
491
Eldorado Gold
EGO
$5.35B
| – | – |
-14,040
| Closed | -$41K |
|
|
ELME
492
Elme Communities
ELME
$1.52B
| – | – |
-18,474
| Closed | -$425K |
|
493
Enovis
ENOV
$1.79B
| – | – |
-14,416
| Closed | -$519K |
|
494
Eversource Energy
ES
$23.3B
| – | – |
-17,573
| Closed | -$1.14M |
|
495
Essex Property Trust
ESS
$17.1B
| – | – |
-6,940
| Closed | -$1.7M |
|
496
Extra Space Storage
EXR
$31.2B
| – | – |
-4,654
| Closed | -$421K |
|
497
Ford
F
$46.5B
| – | – |
-383,051
| Closed | -$2.93M |
|
498
Freeport-McMoran
FCX
$67B
| – | – |
-715,777
| Closed | -$7.38M |
|
499
Factset
FDS
$14.2B
| – | – |
-27,685
| Closed | -$5.54M |
|
500
Federated Hermes
FHI
$4.07B
| – | – |
-13,580
| Closed | -$361K |
|