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 |
iShares MSCI Brazil ETF
EWZ
|
$94.7M |
| 2 |
B
Barrick Mining Corporation
B
|
$19.3M |
| 3 |
LyondellBasell Industries
LYB
|
$18.9M |
| 4 |
SPLS
Staples Inc
SPLS
|
$18.3M |
| 5 |
Johnson & Johnson
JNJ
|
$15.7M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$170M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$161M |
| 3 |
Micron Technology
MU
|
$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
$23.3M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$21.2M |
Sector Composition
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Biogen
BIIB
$20.3B
| $12.4M | 0.16% |
51,461
+28,355
| +123% | +$6.86M |
|
52
Macy's
M
$4.53B
| $12.2M | 0.15% |
362,280
+121,400
| +50% | +$4.08M |
|
53
Texas Instruments
TXN
$171B
| $12.1M | 0.15% |
192,381
-14,000
| -7% | -$877K |
|
|
ANDV
54
DELISTED
Andeavor
ANDV
| $12M | 0.15% |
159,508
+59,300
| +59% | +$4.44M |
|
55
Apple
AAPL
$3.53T
| $11.6M | 0.15% |
484,800
+60,800
| +14% | +$1.45M |
|
|
DISH
56
DELISTED
DISH Network Corp.
DISH
| $11.4M | 0.14% |
217,195
-35,562
| -14% | -$1.86M |
|
57
Starbucks
SBUX
$98.9B
| $11.4M | 0.14% |
199,175
-69,200
| -26% | -$3.95M |
|
58
Newmont
NEM
$82.4B
| $11.4M | 0.14% |
290,179
-207,193
| -42% | -$8.11M |
|
59
Applied Materials
AMAT
$127B
| $11.3M | 0.14% |
469,583
+136,500
| +41% | +$3.27M |
|
60
Cardinal Health
CAH
$35.5B
| $11.2M | 0.14% |
143,581
+50,149
| +54% | +$3.91M |
|
61
Foot Locker
FL
$2.31B
| $11.1M | 0.14% |
201,656
+117,901
| +141% | +$6.47M |
|
62
PepsiCo
PEP
$201B
| $11M | 0.14% |
103,500
+48,800
| +89% | +$5.17M |
|
63
Lincoln National
LNC
$8.2B
| $10.9M | 0.14% |
282,200
+81,174
| +40% | +$3.15M |
|
64
NetApp
NTAP
$23.6B
| $10.9M | 0.14% |
444,638
+88,493
| +25% | +$2.18M |
|
65
Cisco
CSCO
$269B
| $10.6M | 0.13% |
367,990
+7,200
| +2% | +$207K |
|
66
Target
TGT
$42B
| $10.3M | 0.13% |
147,382
+46,700
| +46% | +$3.26M |
|
|
AUY
67
DELISTED
Yamana Gold, Inc.
AUY
| $10.2M | 0.13% |
1,959,868
+845,100
| +76% | +$4.39M |
|
68
Nucor
NUE
$33.2B
| $10.2M | 0.13% |
205,983
+162,500
| +374% | +$8.03M |
|
69
Western Union
WU
$2.82B
| $10M | 0.13% |
523,041
+147,700
| +39% | +$2.83M |
|
70
F5
FFIV
$18B
| $9.96M | 0.12% |
87,460
+14,937
| +21% | +$1.7M |
|
71
VF Corp
VFC
$5.78B
| $9.96M | 0.12% |
+171,938
| New | +$9.96M |
|
72
Royal Caribbean
RCL
$97.4B
| $9.69M | 0.12% |
144,274
+74,274
| +106% | +$4.99M |
|
|
MXIM
73
DELISTED
Maxim Integrated Products
MXIM
| $9.6M | 0.12% |
268,844
+190,344
| +242% | +$6.79M |
|
74
Eastman Chemical
EMN
$7.86B
| $9.43M | 0.12% |
138,800
+73,283
| +112% | +$4.98M |
|
75
Franco-Nevada
FNV
$36.5B
| $9.39M | 0.12% |
124,128
-24,300
| -16% | -$1.84M |
|