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 |
Alphabet (Google) Class A
GOOGL
|
+$162M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$161M |
| 3 |
Meta Platforms (Facebook)
META
|
+$98.7M |
| 4 |
Microsoft
MSFT
|
+$69.4M |
| 5 |
AbbVie
ABBV
|
+$60.8M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$216M |
| 2 |
Pinduoduo
PDD
|
+$114M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$111M |
| 4 |
Walmart
WMT
|
+$108M |
| 5 |
Bank of America
BAC
|
+$106M |
Sector Composition
| 1 | Consumer Staples | 28.45% |
| 2 | Healthcare | 21.25% |
| 3 | Consumer Discretionary | 10.73% |
| 4 | Financials | 6.5% |
| 5 | Communication Services | 4.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BZUN
701
Baozun
BZUN
$223M
| $190K | ﹤0.01% |
31,535
-42,170
| -57% | -$254K |
|
|
OCFT
702
OneConnect Financial Technology
OCFT
$282M
| $184K | ﹤0.01% |
34,576
-9,642
| -22% | -$51.3K |
|
|
BNR
703
Burning Rock Biotech
BNR
$97.5M
| $182K | ﹤0.01% |
6,482
-2,047
| -24% | -$57.5K |
|
|
VNET
704
VNET Group
VNET
$2.24B
| $168K | ﹤0.01% |
51,900
-157,262
| -75% | -$510K |
|
|
TIGR
705
UP Fintech Holding
TIGR
$2.12B
| $155K | ﹤0.01% |
46,593
-81,943
| -64% | -$273K |
|
706
Archrock
AROC
$4.22B
| $103K | ﹤0.01% |
+10,548
| New | +$103K |
|
707
Gaotu Techedu
GOTU
$877M
| $89.3K | ﹤0.01% |
21,153
-110,884
| -84% | -$468K |
|
|
HUYA
708
Huya Inc
HUYA
$783M
| $56.8K | ﹤0.01% |
15,738
-81,652
| -84% | -$295K |
|
|
DOYU
709
DouYu International Holdings
DOYU
$242M
| $33.5K | ﹤0.01% |
2,815
-8,465
| -75% | -$101K |
|
|
QVCGA
710
QVC Group, Inc. Series A Common Stock
QVCGA
$79M
| $13.7K | ﹤0.01% |
+277
| New | +$13.7K |
|
711
OGE Energy
OGE
$8.82B
| – | – |
-32,209
| Closed | -$1.27M |
|
712
Universal Display
OLED
$6.91B
| – | – |
-25,609
| Closed | -$2.77M |
|
713
Opko Health
OPK
$1.13B
| – | – |
-54,338
| Closed | -$67.9K |
|
714
Old Republic International
ORI
$10B
| – | – |
-106,556
| Closed | -$2.57M |
|
715
Bank OZK
OZK
$5.92B
| – | – |
-42,540
| Closed | -$1.7M |
|
|
PARA
716
DELISTED
Paramount Global Class B
PARA
| – | – |
-21,563
| Closed | -$364K |
|
717
Paychex
PAYX
$48.7B
| – | – |
-98,133
| Closed | -$11.3M |
|
718
Public Service Enterprise Group
PEG
$40B
| – | – |
-170,705
| Closed | -$10.5M |
|
719
Pegasystems
PEGA
$9.84B
| – | – |
-20,372
| Closed | -$349K |
|
720
Principal Financial Group
PFG
$17.8B
| – | – |
-58,518
| Closed | -$4.91M |
|
721
Progressive
PGR
$143B
| – | – |
-282,290
| Closed | -$36.6M |
|
722
Park Hotels & Resorts
PK
$2.37B
| – | – |
-16,732
| Closed | -$197K |
|
723
PNC Financial Services
PNC
$80.2B
| – | – |
-169,842
| Closed | -$26.8M |
|
724
Pinnacle West Capital
PNW
$10.5B
| – | – |
-26,988
| Closed | -$2.05M |
|
725
Progress Software
PRGS
$1.86B
| – | – |
-43,605
| Closed | -$2.2M |
|