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 | |
|---|---|---|---|---|---|---|
526
IBM
IBM
$232B
| – | – |
-24,672
| Closed | -$3.43M |
|
527
Idexx Laboratories
IDXX
$51.4B
| – | – |
-3,646
| Closed | -$991K |
|
528
Intel
INTC
$107B
| – | – |
-215,421
| Closed | -$11.1M |
|
529
Interpublic Group of Companies
IPG
$9.94B
| – | – |
-960,978
| Closed | -$20.7M |
|
530
Iron Mountain
IRM
$27.2B
| – | – |
-48,484
| Closed | -$1.57M |
|
531
Intuitive Surgical
ISRG
$167B
| – | – |
-33,630
| Closed | -$6.05M |
|
532
Gartner
IT
$18.6B
| – | – |
-2,159
| Closed | -$309K |
|
533
Jack Henry & Associates
JKHY
$11.8B
| – | – |
-3,328
| Closed | -$486K |
|
534
Coca-Cola
KO
$292B
| – | – |
-39,025
| Closed | -$2.13M |
|
535
Kroger
KR
$44.8B
| – | – |
-69,154
| Closed | -$1.78M |
|
536
Kohl's
KSS
$1.86B
| – | – |
-654,710
| Closed | -$32.5M |
|
537
Liberty Global Class A
LBTYA
$4.05B
| – | – |
-199,008
| Closed | -$4.93M |
|
538
Eli Lilly
LLY
$652B
| – | – |
-8,135
| Closed | -$910K |
|
539
Lockheed Martin
LMT
$108B
| – | – |
-3,986
| Closed | -$1.56M |
|
540
McKesson
MCK
$85.5B
| – | – |
-168,575
| Closed | -$23M |
|
541
Meta Platforms (Facebook)
META
$1.89T
| – | – |
-29,811
| Closed | -$5.31M |
|
542
3M
MMM
$82.7B
| – | – |
-33,312
| Closed | -$4.58M |
|
543
Monster Beverage
MNST
$61B
| – | – |
-241,714
| Closed | -$7.02M |
|
544
Altria Group
MO
$112B
| – | – |
-344,301
| Closed | -$14.1M |
|
545
Morningstar
MORN
$10.8B
| – | – |
-2,297
| Closed | -$336K |
|
546
Marathon Petroleum
MPC
$54.8B
| – | – |
-176,371
| Closed | -$10.7M |
|
547
Merck
MRK
$212B
| – | – |
-8,270
| Closed | -$664K |
|
548
Annaly Capital Management
NLY
$14.2B
| – | – |
-37,093
| Closed | -$1.31M |
|
549
Northrop Grumman
NOC
$83.2B
| – | – |
-20,047
| Closed | -$7.51M |
|
550
NRG Energy
NRG
$28.6B
| – | – |
-545,769
| Closed | -$21.6M |
|