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 | |
|---|---|---|---|---|---|---|
551
Bank of America
BAC
$375B
| – | – |
-1,877,448
| Closed | -$66.1M |
|
552
Ball Corp
BALL
$13.9B
| – | – |
-16,805
| Closed | -$1.09M |
|
553
Bath & Body Works
BBWI
$5.7B
| – | – |
-82,353
| Closed | -$1.21M |
|
554
Franklin Resources
BEN
$12.9B
| – | – |
-103,048
| Closed | -$2.68M |
|
555
Bread Financial
BFH
$3B
| – | – |
-149,776
| Closed | -$13.4M |
|
556
Bank of New York Mellon
BK
$74.9B
| – | – |
-190,786
| Closed | -$9.6M |
|
557
Blackrock
BLK
$176B
| – | – |
-32,065
| Closed | -$16.1M |
|
558
Bank of Hawaii
BOH
$2.71B
| – | – |
-8,349
| Closed | -$794K |
|
559
BOK Financial
BOKF
$7.08B
| – | – |
-14,648
| Closed | -$1.28M |
|
560
Popular Inc
BPOP
$8.43B
| – | – |
-19,966
| Closed | -$1.17M |
|
561
Brown & Brown
BRO
$30.8B
| – | – |
-58,384
| Closed | -$2.31M |
|
562
BWX Technologies
BWXT
$15.5B
| – | – |
-22,099
| Closed | -$1.37M |
|
563
Boyd Gaming
BYD
$6.9B
| – | – |
-25,778
| Closed | -$772K |
|
564
Citigroup
C
$182B
| – | – |
-452,049
| Closed | -$36.1M |
|
565
Caterpillar
CAT
$201B
| – | – |
-13,660
| Closed | -$2.02M |
|
566
Commerce Bancshares
CBSH
$7.98B
| – | – |
-29,792
| Closed | -$1.59M |
|
567
Cabot Corp
CBT
$4.32B
| – | – |
-13,260
| Closed | -$630K |
|
568
Carnival Corp
CCL
$44.2B
| – | – |
-36,736
| Closed | -$1.87M |
|
569
Cadence Design Systems
CDNS
$96.9B
| – | – |
-15,011
| Closed | -$1.04M |
|
570
Capitol Federal Financial
CFFN
$843M
| – | – |
-28,497
| Closed | -$391K |
|
571
Citizens Financial Group
CFG
$22.3B
| – | – |
-91,722
| Closed | -$3.73M |
|
572
Cullen/Frost Bankers
CFR
$8.2B
| – | – |
-12,930
| Closed | -$1.26M |
|
573
Cognex
CGNX
$7.52B
| – | – |
-8,815
| Closed | -$494K |
|
574
Choice Hotels
CHH
$5.3B
| – | – |
-12,928
| Closed | -$1.34M |
|
575
C.H. Robinson
CHRW
$15.4B
| – | – |
-25,456
| Closed | -$1.99M |
|