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
|
$422M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$187M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$93.4M |
| 4 |
Molson Coors Class B
TAP
|
$27.4M |
| 5 |
UnitedHealth
UNH
|
$26.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$176M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$46.5M |
| 3 |
Bristol-Myers Squibb
BMY
|
$21.1M |
| 4 |
Intel
INTC
|
$20.7M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$20.3M |
Sector Composition
| 1 | Energy | 2.75% |
| 2 | Technology | 2.62% |
| 3 | Consumer Discretionary | 2.44% |
| 4 | Financials | 1.98% |
| 5 | Healthcare | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Ross Stores
ROST
$49.7B
| $13.5M | 0.13% |
205,600
+187,039
| +1,008% | +$12.3M |
|
|
JCP
52
DELISTED
J.C. Penney Company, Inc.
JCP
| $13.3M | 0.13% |
1,596,198
+462,198
| +41% | +$3.84M |
|
53
Bread Financial
BFH
$3.11B
| $12.9M | 0.12% |
70,989
-35,605
| -33% | -$6.49M |
|
54
TC Energy
TRP
$53.3B
| $12.9M | 0.12% |
284,900
+66,300
| +30% | +$2.99M |
|
|
MXIM
55
DELISTED
Maxim Integrated Products
MXIM
| $12.8M | 0.12% |
332,493
+86,997
| +35% | +$3.36M |
|
56
Lennar Class A
LEN
$36.5B
| $12.7M | 0.12% |
309,885
+269,469
| +667% | +$11M |
|
|
GG
57
DELISTED
Goldcorp Inc
GG
| $12.3M | 0.12% |
903,895
+194,776
| +27% | +$2.65M |
|
58
Newmont
NEM
$83.8B
| $12M | 0.11% |
352,079
+12,915
| +4% | +$440K |
|
59
Franco-Nevada
FNV
$37.1B
| $11.8M | 0.11% |
197,428
+47,500
| +32% | +$2.84M |
|
|
CERN
60
DELISTED
Cerner Corp
CERN
| $11.8M | 0.11% |
249,175
+217,275
| +681% | +$10.3M |
|
61
Meta Platforms (Facebook)
META
$1.89T
| $11.5M | 0.11% |
100,000
+75,300
| +305% | +$8.66M |
|
62
United Rentals
URI
$61.8B
| $11.3M | 0.11% |
107,489
-145,141
| -57% | -$15.3M |
|
63
Cencora
COR
$56.6B
| $11.3M | 0.11% |
144,118
+41,926
| +41% | +$3.28M |
|
64
Mondelez International
MDLZ
$80.4B
| $11.1M | 0.11% |
249,307
-72,176
| -22% | -$3.2M |
|
|
MJN
65
DELISTED
Mead Johnson Nutrition Company
MJN
| $10.9M | 0.1% |
154,120
+94,994
| +161% | +$6.72M |
|
66
Sun Life Financial
SLF
$32.5B
| $10.8M | 0.1% |
+281,200
| New | +$10.8M |
|
67
Agnico Eagle Mines
AEM
$75.7B
| $10.8M | 0.1% |
256,381
+70,449
| +38% | +$2.96M |
|
68
Elevance Health
ELV
$70B
| $10.7M | 0.1% |
74,604
-75
| -0.1% | -$10.8K |
|
69
Oracle
ORCL
$636B
| $10.6M | 0.1% |
275,528
+33,700
| +14% | +$1.3M |
|
70
JPMorgan Chase
JPM
$819B
| $10.5M | 0.1% |
+121,400
| New | +$10.5M |
|
71
Wells Fargo
WFC
$255B
| $10.4M | 0.1% |
+187,900
| New | +$10.4M |
|
|
JNPR
72
DELISTED
Juniper Networks
JNPR
| $10.4M | 0.1% |
366,298
-719,258
| -66% | -$20.3M |
|
73
Freeport-McMoran
FCX
$66.3B
| $10.1M | 0.1% |
+765,947
| New | +$10.1M |
|
74
Vale
VALE
$44.4B
| $9.9M | 0.09% |
1,299,800
-115,500
| -8% | -$880K |
|
|
APC
75
DELISTED
Anadarko Petroleum
APC
| $9.8M | 0.09% |
140,580
-14,900
| -10% | -$1.04M |
|