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 | |
|---|---|---|---|---|---|---|
626
Illinois Tool Works
ITW
$77.3B
| – | – |
-13,617
| Closed | -$2.45M |
|
627
Invesco
IVZ
$10B
| – | – |
-93,831
| Closed | -$1.69M |
|
628
Jacobs Solutions
J
$17.7B
| – | – |
-8,611
| Closed | -$640K |
|
629
JetBlue
JBLU
$1.89B
| – | – |
-66,981
| Closed | -$1.25M |
|
630
Jabil
JBL
$23.1B
| – | – |
-8,002
| Closed | -$331K |
|
631
Jefferies Financial Group
JEF
$13.8B
| – | – |
-64,856
| Closed | -$1.33M |
|
|
JNPR
632
DELISTED
Juniper Networks
JNPR
| – | – |
-17,434
| Closed | -$429K |
|
633
JPMorgan Chase
JPM
$838B
| – | – |
-649,376
| Closed | -$90.5M |
|
|
JWN
634
DELISTED
Nordstrom
JWN
| – | – |
-36,017
| Closed | -$1.47M |
|
635
KBR
KBR
$6.38B
| – | – |
-27,506
| Closed | -$839K |
|
636
Kelly Services Class A
KELYA
$475M
| – | – |
-9,068
| Closed | -$205K |
|
637
KeyCorp
KEY
$21.1B
| – | – |
-204,154
| Closed | -$4.13M |
|
638
Keysight
KEYS
$29.7B
| – | – |
-9,579
| Closed | -$983K |
|
639
KLA
KLAC
$126B
| – | – |
-6,743
| Closed | -$1.2M |
|
640
Kennametal
KMT
$1.6B
| – | – |
-19,264
| Closed | -$711K |
|
641
Lamar Advertising Co
LAMR
$12.9B
| – | – |
-23,301
| Closed | -$2.08M |
|
642
Lincoln Electric
LECO
$13.4B
| – | – |
-2,606
| Closed | -$252K |
|
643
LPL Financial
LPLA
$27.4B
| – | – |
-16,812
| Closed | -$1.55M |
|
644
Lam Research
LRCX
$146B
| – | – |
-62,590
| Closed | -$1.83M |
|
645
LyondellBasell Industries
LYB
$17.5B
| – | – |
-16,441
| Closed | -$1.55M |
|
646
Macy's
M
$4.68B
| – | – |
-53,154
| Closed | -$904K |
|
647
ManpowerGroup
MAN
$1.8B
| – | – |
-3,169
| Closed | -$308K |
|
648
Matsons
MATX
$3.35B
| – | – |
-8,088
| Closed | -$330K |
|
649
Microchip Technology
MCHP
$34.9B
| – | – |
-20,658
| Closed | -$1.08M |
|
650
Middleby
MIDD
$7.1B
| – | – |
-13,025
| Closed | -$1.43M |
|