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 |
UnitedHealth
UNH
|
+$5.48M |
| 2 |
McDonald's
MCD
|
+$5.38M |
| 3 |
Lockheed Martin
LMT
|
+$5.2M |
| 4 |
Philip Morris
PM
|
+$4.92M |
| 5 |
PepsiCo
PEP
|
+$4.55M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$883M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$365M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$233M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$186M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$121M |
Sector Composition
| 1 | Consumer Discretionary | 4% |
| 2 | Financials | 2.7% |
| 3 | Industrials | 1.84% |
| 4 | Materials | 1.48% |
| 5 | Consumer Staples | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Agilent Technologies
A
$35.7B
| – | – |
-15,787
| Closed | -$1.35M |
|
527
American Airlines Group
AAL
$8.54B
| – | – |
-11,460
| Closed | -$329K |
|
528
Aecom
ACM
$16.9B
| – | – |
-36,555
| Closed | -$1.58M |
|
529
Adobe
ADBE
$149B
| – | – |
-9,292
| Closed | -$3.07M |
|
530
Analog Devices
ADI
$122B
| – | – |
-15,055
| Closed | -$1.79M |
|
531
AGCO
AGCO
$8.1B
| – | – |
-3,271
| Closed | -$253K |
|
532
Arthur J. Gallagher & Co
AJG
$76.4B
| – | – |
-38,591
| Closed | -$3.68M |
|
533
Alaska Air
ALK
$7.3B
| – | – |
-28,634
| Closed | -$1.94M |
|
534
Allison Transmission
ALSN
$7.58B
| – | – |
-27,732
| Closed | -$1.34M |
|
535
Applied Materials
AMAT
$136B
| – | – |
-38,340
| Closed | -$2.34M |
|
536
Advanced Micro Devices
AMD
$252B
| – | – |
-31,104
| Closed | -$1.43M |
|
537
Ametek
AME
$44.1B
| – | – |
-9,817
| Closed | -$979K |
|
538
Affiliated Managers Group
AMG
$6.7B
| – | – |
-10,274
| Closed | -$871K |
|
539
Amkor Technology
AMKR
$6.22B
| – | – |
-55,596
| Closed | -$723K |
|
540
Ameriprise Financial
AMP
$47B
| – | – |
-26,339
| Closed | -$4.39M |
|
|
ANSS
541
DELISTED
Ansys
ANSS
| – | – |
-4,502
| Closed | -$1.16M |
|
542
Aon
AON
$79.9B
| – | – |
-48,399
| Closed | -$10.1M |
|
543
Amphenol
APH
$146B
| – | – |
-60,564
| Closed | -$1.64M |
|
544
Ares Capital
ARCC
$15.8B
| – | – |
-88,271
| Closed | -$1.65M |
|
545
Arrow Electronics
ARW
$6.61B
| – | – |
-4,366
| Closed | -$370K |
|
546
Associated Banc-Corp
ASB
$4.35B
| – | – |
-32,915
| Closed | -$725K |
|
547
ATI
ATI
$10.5B
| – | – |
-22,635
| Closed | -$468K |
|
548
AptarGroup
ATR
$8.97B
| – | – |
-2,350
| Closed | -$272K |
|
549
Avnet
AVT
$4.52B
| – | – |
-5,422
| Closed | -$230K |
|
550
Acuity Brands
AYI
$10.4B
| – | – |
-9,154
| Closed | -$1.26M |
|