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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$32.1M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$31.9M |
| 3 |
Chipotle Mexican Grill
CMG
|
$13.1M |
| 4 |
Fossil Group
FOSL
|
$12.7M |
| 5 |
Foot Locker
FL
|
$12.7M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$1.22B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$578M |
| 3 |
POT
Potash Corp Of Saskatchewan
POT
|
$39.3M |
| 4 |
Apple
AAPL
|
$25.3M |
| 5 |
AGU
Agrium
AGU
|
$20.9M |
Sector Composition
| 1 | Energy | 2.9% |
| 2 | Technology | 2.23% |
| 3 | Materials | 1.84% |
| 4 | Healthcare | 1.31% |
| 5 | Consumer Discretionary | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Cardinal Health
CAH
$35.5B
| $9.14M | 0.08% |
109,300
+39,300
| +56% | +$3.29M |
|
52
TC Energy
TRP
$54.1B
| $8.91M | 0.08% |
+219,200
| New | +$8.91M |
|
|
X
53
DELISTED
US Steel
X
| $8.56M | 0.08% |
+415,245
| New | +$8.56M |
|
54
International Paper
IP
$26.2B
| $8.49M | 0.08% |
178,294
+145,040
| +436% | +$6.9M |
|
55
Public Service Enterprise Group
PEG
$41.1B
| $8.42M | 0.08% |
214,394
+87,200
| +69% | +$3.43M |
|
56
Valero Energy
VLO
$47.2B
| $8.41M | 0.08% |
134,357
+38,200
| +40% | +$2.39M |
|
57
Toll Brothers
TOL
$13.4B
| $8.4M | 0.08% |
+219,845
| New | +$8.4M |
|
58
Agnico Eagle Mines
AEM
$72.4B
| $8.3M | 0.08% |
292,591
+7,100
| +2% | +$201K |
|
59
Wheaton Precious Metals
WPM
$45.6B
| $8.28M | 0.08% |
477,472
+14,800
| +3% | +$257K |
|
60
Walmart
WMT
$774B
| $8.24M | 0.08% |
116,104
+28,700
| +33% | +$2.04M |
|
61
Berkshire Hathaway Class B
BRK.B
$1.09T
| $8.15M | 0.08% |
59,890
+52,284
| +687% | +$7.12M |
|
62
Intel
INTC
$107B
| $8.08M | 0.07% |
265,703
-304,600
| -53% | -$9.26M |
|
|
SE
63
DELISTED
Spectra Energy Corp Wi
SE
| $7.92M | 0.07% |
242,822
+150,297
| +162% | +$4.9M |
|
64
Franco-Nevada
FNV
$36.3B
| $7.77M | 0.07% |
162,728
| – | – |
|
|
ESRX
65
DELISTED
Express Scripts Holding Company
ESRX
| $7.62M | 0.07% |
85,662
-11,300
| -12% | -$1.01M |
|
66
Cenovus Energy
CVE
$29.9B
| $7.61M | 0.07% |
475,400
+263,500
| +124% | +$4.22M |
|
67
TechnipFMC
FTI
$15.1B
| $7.3M | 0.07% |
175,957
-86,419
| -33% | -$3.59M |
|
68
Intuit
INTU
$186B
| $7.28M | 0.07% |
72,272
+40,900
| +130% | +$4.12M |
|
69
Paychex
PAYX
$50.2B
| $7.2M | 0.07% |
153,614
+73,542
| +92% | +$3.45M |
|
70
Corning
GLW
$57.4B
| $7.11M | 0.07% |
360,576
-111,500
| -24% | -$2.2M |
|
71
MetLife
MET
$54.1B
| $7M | 0.06% |
124,945
-247,500
| -66% | -$13.9M |
|
72
Interpublic Group of Companies
IPG
$9.83B
| $6.89M | 0.06% |
+357,414
| New | +$6.89M |
|
73
Vale
VALE
$43.9B
| $6.83M | 0.06% |
1,159,600
-313,100
| -21% | -$1.84M |
|
74
Salesforce
CRM
$245B
| $6.75M | 0.06% |
+96,923
| New | +$6.75M |
|
75
KLA
KLAC
$115B
| $6.7M | 0.06% |
119,227
+58,935
| +98% | +$3.31M |
|