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 | |
|---|---|---|---|---|---|---|
526
iShares TIPS Bond ETF
TIP
$13.6B
| – | – | -187,449 | Closed | -$22.1M |
|
527
iShares 20+ Year Treasury Bond ETF
TLT
$47.8B
| – | – | -1,692,081 | Closed | -$279M |
|
528
Thermo Fisher Scientific
TMO
$186B
| – | – | -12,913 | Closed | -$3.66M |
|
529
Thomson Reuters
TRI
$80B
| – | – | -83,890 | Closed | -$5.65M |
|
530
TC Energy
TRP
$54.1B
| – | – | -307,128 | Closed | -$13.5M |
|
531
Telus
TU
$25.1B
| – | – | -403,006 | Closed | -$6.3M |
|
532
Uber
UBER
$196B
| – | – | -69,892 | Closed | -$1.95M |
|
533
UnitedHealth
UNH
$281B
| – | – | -21,977 | Closed | -$5.48M |
|
534
Unum
UNM
$11.9B
| – | – | -11,098 | Closed | -$167K |
|
535
US Foods
USFD
$17.5B
| – | – | -12,084 | Closed | -$214K |
|
536
Visa
V
$683B
| – | – | -6,805 | Closed | -$1.1M |
|