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 | |
|---|---|---|---|---|---|---|
526
Idexx Laboratories
IDXX
$52.2B
| – | – |
-8,348
| Closed | -$1.55M |
|
527
IDEX
IEX
$12.4B
| – | – |
-6,843
| Closed | -$864K |
|
528
International Flavors & Fragrances
IFF
$17B
| – | – |
-5,044
| Closed | -$677K |
|
529
Ingredion
INGR
$8.22B
| – | – |
-17,499
| Closed | -$1.6M |
|
530
Iron Mountain
IRM
$27.3B
| – | – |
-81,746
| Closed | -$2.65M |
|
531
Gartner
IT
$18.7B
| – | – |
-25,524
| Closed | -$3.26M |
|
532
Invesco
IVZ
$9.81B
| – | – |
-1,960,843
| Closed | -$32.8M |
|
533
Jacobs Solutions
J
$17.3B
| – | – |
-35,419
| Closed | -$1.71M |
|
534
Jabil
JBL
$22.4B
| – | – |
-20,070
| Closed | -$498K |
|
535
Jefferies Financial Group
JEF
$13.2B
| – | – |
-88,263
| Closed | -$1.37M |
|
536
Jack Henry & Associates
JKHY
$11.8B
| – | – |
-31,892
| Closed | -$4.04M |
|
537
Jones Lang LaSalle
JLL
$14.8B
| – | – |
-7,934
| Closed | -$1M |
|
538
KBR
KBR
$6.35B
| – | – |
-114,830
| Closed | -$1.74M |
|
539
Kimco Realty
KIM
$15.3B
| – | – |
-132,954
| Closed | -$1.95M |
|
540
Kennametal
KMT
$1.63B
| – | – |
-15,168
| Closed | -$505K |
|
541
Knowles
KN
$1.84B
| – | – |
-37,335
| Closed | -$497K |
|
542
Kilroy Realty
KRC
$5.05B
| – | – |
-29,407
| Closed | -$1.85M |
|
543
Lamar Advertising Co
LAMR
$13B
| – | – |
-13,733
| Closed | -$950K |
|
544
Lincoln Electric
LECO
$13.4B
| – | – |
-6,561
| Closed | -$517K |
|
545
Leggett & Platt
LEG
$1.38B
| – | – |
-85,689
| Closed | -$3.07M |
|
546
Lennox International
LII
$20.4B
| – | – |
-7,857
| Closed | -$1.72M |
|
547
Linde
LIN
$223B
| – | – |
-3,522
| Closed | -$550K |
|
548
Alliant Energy
LNT
$16.5B
| – | – |
-56,172
| Closed | -$2.37M |
|
549
Lam Research
LRCX
$133B
| – | – |
-1,587,530
| Closed | -$21.6M |
|
550
Las Vegas Sands
LVS
$36.9B
| – | – |
-119,032
| Closed | -$6.2M |
|