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 |
SPDR S&P 500 ETF Trust
SPY
|
+$457M |
| 2 |
SPDR Gold Trust
GLD
|
+$235M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$166M |
| 4 |
Alibaba
BABA
|
+$145M |
| 5 |
iShares MSCI China ETF
MCHI
|
+$125M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 9.21% |
| 2 | Communication Services | 2.72% |
| 3 | Industrials | 2.14% |
| 4 | Technology | 1.45% |
| 5 | Consumer Staples | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Petrobras
PBR
$79.5B
| – | – |
-196,014
| Closed | -$1.08M |
|
502
PepsiCo
PEP
$196B
| – | – |
-37,889
| Closed | -$4.55M |
|
503
Pfizer
PFE
$140B
| – | – |
-88,686
| Closed | -$2.75M |
|
504
Procter & Gamble
PG
$373B
| – | – |
-33,217
| Closed | -$3.65M |
|
505
Pinnacle West Capital
PNW
$10.5B
| – | – |
-3,395
| Closed | -$257K |
|
506
Pilgrim's Pride
PPC
$10.6B
| – | – |
-13,708
| Closed | -$248K |
|
507
Perrigo
PRGO
$3.07B
| – | – |
-5,720
| Closed | -$275K |
|
508
Restaurant Brands International
QSR
$20.3B
| – | – |
-78,793
| Closed | -$3.14M |
|
509
Rogers Communications
RCI
$19.3B
| – | – |
-112,935
| Closed | -$4.66M |
|
510
Royal Gold
RGLD
$12.3B
| – | – |
-6,854
| Closed | -$601K |
|
511
Rio Tinto
RIO
$101B
| – | – |
-24,406
| Closed | -$1.11M |
|
512
ResMed
RMD
$40.9B
| – | – |
-3,371
| Closed | -$497K |
|
513
Ross Stores
ROST
$49.6B
| – | – |
-15,983
| Closed | -$1.39M |
|
514
RTX Corp
RTX
$203B
| – | – |
-59,769
| Closed | -$3.55M |
|
515
Revvity
RVTY
$10B
| – | – |
-3,513
| Closed | -$264K |
|
516
Royal Bank of Canada
RY
$204B
| – | – |
-465,072
| Closed | -$28.5M |
|
517
Sibanye-Stillwater
SBSW
$6.04B
| – | – |
-70,052
| Closed | -$331K |
|
518
Sun Life Financial
SLF
$32.9B
| – | – |
-203,879
| Closed | -$6.48M |
|
519
Simon Property Group
SPG
$59.6B
| – | – |
-16,856
| Closed | -$925K |
|
520
SSR Mining
SSRM
$4.29B
| – | – |
-13,311
| Closed | -$151K |
|
521
Suncor Energy
SU
$49.7B
| – | – |
-589,873
| Closed | -$9.31M |
|
522
AT&T
T
$210B
| – | – |
-32,895
| Closed | -$724K |
|
523
Molson Coors Class B
TAP
$9.86B
| – | – |
-6,863
| Closed | -$268K |
|
524
Toronto Dominion Bank
TD
$128B
| – | – |
-593,053
| Closed | -$24.9M |
|
525
Teck Resources
TECK
$17.2B
| – | – |
-217,793
| Closed | -$1.63M |
|