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
|
+$352M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$166M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$143M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$63.7M |
| 5 |
Bread Financial
BFH
|
+$59.9M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$131M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$85.8M |
| 3 |
iShares MSCI Taiwan ETF
EWT
|
+$37M |
| 4 |
Toll Brothers
TOL
|
+$34.5M |
| 5 |
NFX
Newfield Exploration
NFX
|
+$24.9M |
Sector Composition
| 1 | Financials | 5.64% |
| 2 | Consumer Discretionary | 4.56% |
| 3 | Energy | 3.53% |
| 4 | Healthcare | 2.96% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
McDonald's
MCD
$216B
| – | – |
-40,436
| Closed | -$6.77M |
|
502
Merck
MRK
$203B
| – | – |
-116,641
| Closed | -$7.9M |
|
503
Microsoft
MSFT
$3.81T
| – | – |
-18,010
| Closed | -$2.06M |
|
504
O'Reilly Automotive
ORLY
$89.9B
| – | – |
-161,535
| Closed | -$3.74M |
|
505
Pfizer
PFE
$136B
| – | – |
-314,722
| Closed | -$13.2M |
|
506
Procter & Gamble
PG
$367B
| – | – |
-28,325
| Closed | -$2.36M |
|
507
Rockwell Automation
ROK
$38.9B
| – | – |
-17,681
| Closed | -$3.32M |
|
508
Ross Stores
ROST
$48.2B
| – | – |
-73,510
| Closed | -$7.29M |
|
509
Sealed Air
SEE
$4.97B
| – | – |
-5,561
| Closed | -$223K |
|
510
Sherwin-Williams
SHW
$89.1B
| – | – |
-45,384
| Closed | -$6.89M |
|
511
Southern Company
SO
$101B
| – | – |
-9,789
| Closed | -$427K |
|
512
Stryker
SYK
$145B
| – | – |
-9,239
| Closed | -$1.64M |
|
513
Teva Pharmaceuticals
TEVA
$22B
| – | – |
-23,600
| Closed | -$508K |
|
514
TJX Companies
TJX
$156B
| – | – |
-44,564
| Closed | -$2.5M |
|
515
Thermo Fisher Scientific
TMO
$180B
| – | – |
-6,418
| Closed | -$1.57M |
|
516
Texas Instruments
TXN
$161B
| – | – |
-41,789
| Closed | -$4.48M |
|
517
United Therapeutics
UTHR
$18.2B
| – | – |
-53,726
| Closed | -$6.87M |
|
518
VF Corp
VFC
$5.76B
| – | – |
-83,398
| Closed | -$7.34M |
|
519
Ventas
VTR
$31.7B
| – | – |
-42,095
| Closed | -$2.29M |
|
520
Waste Management
WM
$87.3B
| – | – |
-40,273
| Closed | -$3.64M |
|
521
Walmart
WMT
$828B
| – | – |
-44,721
| Closed | -$1.4M |
|
522
Wynn Resorts
WYNN
$12.8B
| – | – |
-78,808
| Closed | -$10M |
|
|
CTXS
523
DELISTED
Citrix Systems Inc
CTXS
| – | – |
-45,651
| Closed | -$5.08M |
|
|
NUAN
524
DELISTED
Nuance Communications, Inc.
NUAN
| – | – |
-30,001
| Closed | -$450K |
|
|
MXIM
525
DELISTED
Maxim Integrated Products
MXIM
| – | – |
-35,827
| Closed | -$2.02M |
|