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 | |
|---|---|---|---|---|---|---|
576
Comerica
CMA
$8.93B
| – | – |
-29,668
| Closed | -$2.13M |
|
577
Commercial Metals
CMC
$6.63B
| – | – |
-27,402
| Closed | -$610K |
|
578
Cummins
CMI
$56.6B
| – | – |
-6,505
| Closed | -$1.16M |
|
579
Carpenter Technology
CRS
$12.1B
| – | – |
-11,096
| Closed | -$552K |
|
580
Carlisle Companies
CSL
$16.8B
| – | – |
-13,113
| Closed | -$2.12M |
|
581
CSX Corp
CSX
$61.2B
| – | – |
-263,361
| Closed | -$6.35M |
|
582
Crane NXT
CXT
$3.56B
| – | – |
-40,148
| Closed | -$1.21M |
|
583
Delta Air Lines
DAL
$39.5B
| – | – |
-104,149
| Closed | -$6.09M |
|
584
Donaldson
DCI
$9.51B
| – | – |
-5,484
| Closed | -$316K |
|
585
3D Systems Corporation
DDD
$289M
| – | – |
-27,211
| Closed | -$238K |
|
586
Dillards
DDS
$9.15B
| – | – |
-5,872
| Closed | -$431K |
|
587
Deere & Co
DE
$129B
| – | – |
-12,428
| Closed | -$2.15M |
|
588
Deckers Outdoor
DECK
$17.5B
| – | – |
-38,922
| Closed | -$1.1M |
|
589
Deluxe
DLX
$889M
| – | – |
-9,787
| Closed | -$489K |
|
590
Dover
DOV
$24.4B
| – | – |
-6,199
| Closed | -$714K |
|
591
Eastman Chemical
EMN
$7.8B
| – | – |
-7,272
| Closed | -$576K |
|
592
Emerson Electric
EMR
$77.4B
| – | – |
-24,603
| Closed | -$1.88M |
|
593
Equitable Holdings
EQH
$16.1B
| – | – |
-101,155
| Closed | -$2.51M |
|
594
Eaton
ETN
$140B
| – | – |
-17,635
| Closed | -$1.67M |
|
595
East-West Bancorp
EWBC
$15.1B
| – | – |
-30,092
| Closed | -$1.47M |
|
596
Expeditors International
EXPD
$16.7B
| – | – |
-9,117
| Closed | -$711K |
|
597
FedEx
FDX
$54B
| – | – |
-10,815
| Closed | -$1.64M |
|
598
F5
FFIV
$19.2B
| – | – |
-3,080
| Closed | -$430K |
|
599
Federated Hermes
FHI
$4.2B
| – | – |
-20,904
| Closed | -$681K |
|
600
First Horizon
FHN
$11.5B
| – | – |
-64,309
| Closed | -$1.07M |
|