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 |
JPMorgan Chase
JPM
|
+$90.5M |
| 2 |
Bank of America
BAC
|
+$66.1M |
| 3 |
Wells Fargo
WFC
|
+$47.5M |
| 4 |
Citigroup
C
|
+$36.1M |
| 5 |
US Bancorp
USB
|
+$19.3M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$561M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$504M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$404M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$80.8M |
| 5 |
Macy's
M
|
+$56.8M |
Sector Composition
| 1 | Financials | 6.62% |
| 2 | Consumer Discretionary | 3.62% |
| 3 | Industrials | 2.15% |
| 4 | Materials | 1.56% |
| 5 | Technology | 1.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Cognizant
CTSH
$34.6B
| – | – |
-42,308
| Closed | -$2.55M |
|
502
CVR Energy
CVI
$3.32B
| – | – |
-79,121
| Closed | -$3.48M |
|
503
Commault Systems
CVLT
$8.24B
| – | – |
-10,366
| Closed | -$463K |
|
504
CVS Health
CVS
$92.2B
| – | – |
-210,030
| Closed | -$13.2M |
|
505
HF Sinclair
DINO
$9.81B
| – | – |
-211,860
| Closed | -$11.4M |
|
506
Domino's
DPZ
$15.6B
| – | – |
-2,139
| Closed | -$523K |
|
507
Darden Restaurants
DRI
$24.6B
| – | – |
-29,586
| Closed | -$3.5M |
|
508
Duke Energy
DUK
$93.9B
| – | – |
-78,390
| Closed | -$7.51M |
|
509
DaVita
DVA
$9.8B
| – | – |
-727,788
| Closed | -$41.5M |
|
510
Brinker International
EAT
$6.98B
| – | – |
-17,755
| Closed | -$758K |
|
511
Equifax
EFX
$31B
| – | – |
-10,539
| Closed | -$1.48M |
|
512
Estee Lauder
EL
$32B
| – | – |
-20,161
| Closed | -$4.01M |
|
513
Elevance Health
ELV
$70.9B
| – | – |
-129,345
| Closed | -$31.1M |
|
514
EQT Corp
EQT
$31.7B
| – | – |
-2,529,370
| Closed | -$26.9M |
|
515
Erie Indemnity
ERIE
$17.5B
| – | – |
-38,474
| Closed | -$7.14M |
|
516
Edwards Lifesciences
EW
$46.8B
| – | – |
-28,743
| Closed | -$2.11M |
|
517
Extra Space Storage
EXR
$30.6B
| – | – |
-7,907
| Closed | -$924K |
|
518
Fiserv
FI
$73.9B
| – | – |
-10,569
| Closed | -$1.1M |
|
|
FL
519
DELISTED
Foot Locker
FL
| – | – |
-819,402
| Closed | -$35.4M |
|
520
Guess, Inc.
GES
$881M
| – | – |
-10,109
| Closed | -$187K |
|
521
Gilead Sciences
GILD
$144B
| – | – |
-122,718
| Closed | -$7.78M |
|
522
General Mills
GIS
$26.8B
| – | – |
-79,781
| Closed | -$4.4M |
|
523
Alphabet (Google) Class A
GOOGL
$2.9T
| – | – |
-144,420
| Closed | -$8.82M |
|
524
Global Payments
GPN
$21.1B
| – | – |
-1,988
| Closed | -$316K |
|
525
Host Hotels & Resorts
HST
$12B
| – | – |
-162,752
| Closed | -$2.81M |
|