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 |
NVIDIA
NVDA
|
$693M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$451M |
| 3 |
Microsoft
MSFT
|
$450M |
| 4 |
Johnson & Johnson
JNJ
|
$303M |
| 5 |
Uber
UBER
|
$293M |
Top Sells
| 1 |
Alibaba
BABA
|
$748M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$452M |
| 3 |
Constellation Energy
CEG
|
$257M |
| 4 |
Pinduoduo
PDD
|
$206M |
| 5 |
Baidu
BIDU
|
$191M |
Sector Composition
| 1 | Technology | 28.87% |
| 2 | Communication Services | 11.52% |
| 3 | Financials | 9.89% |
| 4 | Healthcare | 8.37% |
| 5 | Consumer Discretionary | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
AbbVie
ABBV
$374B
| $111M | 0.45% |
598,292
+493,340
| +470% | +$91.6M |
|
52
Pultegroup
PHM
$26.5B
| $109M | 0.44% |
1,036,365
-14,360
| -1% | -$1.51M |
|
53
McKesson
MCK
$85.5B
| $108M | 0.44% |
147,769
-8,443
| -5% | -$6.19M |
|
54
Workday
WDAY
$62B
| $108M | 0.43% |
448,874
+233,407
| +108% | +$56M |
|
55
Global Payments
GPN
$20.8B
| $107M | 0.43% |
1,337,820
+122,689
| +10% | +$9.82M |
|
56
Exxon Mobil
XOM
$477B
| $104M | 0.42% |
968,288
+755,424
| +355% | +$81.4M |
|
57
Manulife Financial
MFC
$51.8B
| $100M | 0.4% |
3,132,457
-63,294
| -2% | -$2.02M |
|
58
Celestica
CLS
$24.1B
| $98.1M | 0.4% |
628,145
-7,978
| -1% | -$1.25M |
|
59
Arista Networks
ANET
$173B
| $92.1M | 0.37% |
900,577
+57,075
| +7% | +$5.84M |
|
60
Shell
SHEL
$211B
| $91.7M | 0.37% |
1,302,469
+251,317
| +24% | +$17.7M |
|
61
Merck
MRK
$210B
| $91.1M | 0.37% |
1,150,722
+615,856
| +115% | +$48.8M |
|
62
Vanguard FTSE Emerging Markets ETF
VWO
$96.3B
| $90.8M | 0.37% |
1,836,460
-336,753
| -15% | -$16.7M |
|
63
Hartford Financial Services
HIG
$37.3B
| $89.2M | 0.36% |
702,925
+88,495
| +14% | +$11.2M |
|
64
Centene
CNC
$14.6B
| $80.2M | 0.32% |
1,477,672
+267,086
| +22% | +$14.5M |
|
65
Allstate
ALL
$53.4B
| $80.1M | 0.32% |
397,733
-49,228
| -11% | -$9.91M |
|
66
Arm
ARM
$140B
| $76.6M | 0.31% |
+473,725
| New | +$76.6M |
|
67
Nutanix
NTNX
$18.1B
| $75.3M | 0.3% |
985,248
+484,768
| +97% | +$37.1M |
|
68
Gilead Sciences
GILD
$140B
| $73.9M | 0.3% |
666,300
+163,347
| +32% | +$18.1M |
|
69
Apple
AAPL
$3.52T
| $73.2M | 0.3% |
356,812
-583,607
| -62% | -$120M |
|
70
GoDaddy
GDDY
$19.8B
| $73.2M | 0.3% |
406,532
+247,246
| +155% | +$44.5M |
|
71
Oracle
ORCL
$626B
| $73M | 0.29% |
333,714
-246,217
| -42% | -$53.8M |
|
72
LPL Financial
LPLA
$28.4B
| $72.2M | 0.29% |
192,655
-30,218
| -14% | -$11.3M |
|
73
Mastercard
MA
$534B
| $70.7M | 0.29% |
125,898
-75,180
| -37% | -$42.2M |
|
74
VeriSign
VRSN
$25.4B
| $66.9M | 0.27% |
231,721
+69,151
| +43% | +$20M |
|
75
Fox Class A
FOXA
$26.8B
| $66.2M | 0.27% |
1,180,423
+277,135
| +31% | +$15.5M |
|