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 |
Cleveland-Cliffs
CLF
|
$31.6M |
| 2 |
ENDP
Endo International plc
ENDP
|
$25.5M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$22.2M |
| 4 |
Devon Energy
DVN
|
$18.4M |
| 5 |
GE Aerospace
GE
|
$18M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.2B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$795M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$53.2M |
| 4 |
Apple
AAPL
|
$48.2M |
| 5 |
Microsoft
MSFT
|
$41.4M |
Sector Composition
| 1 | Energy | 2.89% |
| 2 | Consumer Discretionary | 2.25% |
| 3 | Materials | 2.16% |
| 4 | Healthcare | 2.09% |
| 5 | Technology | 1.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RHT
51
DELISTED
Red Hat Inc
RHT
| $10.4M | 0.12% |
120,418
-153,382
| -56% | -$13.3M |
|
52
Newmont
NEM
$83.7B
| $10.4M | 0.12% |
314,098
-37,981
| -11% | -$1.25M |
|
|
GG
53
DELISTED
Goldcorp Inc
GG
| $10.2M | 0.12% |
700,357
-203,538
| -23% | -$2.97M |
|
54
lululemon athletica
LULU
$19.9B
| $10.2M | 0.12% |
195,934
+82,802
| +73% | +$4.29M |
|
55
Lennar Class A
LEN
$36.7B
| $9.76M | 0.11% |
200,255
-109,630
| -35% | -$5.34M |
|
56
DaVita
DVA
$9.86B
| $9.67M | 0.11% |
142,304
+54,060
| +61% | +$3.67M |
|
57
Agnico Eagle Mines
AEM
$76.3B
| $9.28M | 0.11% |
218,677
-37,704
| -15% | -$1.6M |
|
58
Canadian Natural Resources
CNQ
$63.2B
| $9.07M | 0.1% |
564,558
-851,236
| -60% | -$13.7M |
|
59
Wheaton Precious Metals
WPM
$47.3B
| $9M | 0.1% |
432,011
-53,883
| -11% | -$1.12M |
|
60
T Rowe Price
TROW
$23.8B
| $8.99M | 0.1% |
131,857
+17,119
| +15% | +$1.17M |
|
|
APC
61
DELISTED
Anadarko Petroleum
APC
| $8.72M | 0.1% |
140,580
| – | – |
|
62
McKesson
MCK
$85.5B
| $8.47M | 0.1% |
57,101
-10,658
| -16% | -$1.58M |
|
|
X
63
DELISTED
US Steel
X
| $8.45M | 0.1% |
+249,917
| New | +$8.45M |
|
64
Amgen
AMGN
$153B
| $8.44M | 0.1% |
+51,460
| New | +$8.44M |
|
65
Carnival Corp
CCL
$42.8B
| $8.14M | 0.09% |
138,088
+41,026
| +42% | +$2.42M |
|
|
GOLD
66
DELISTED
Randgold Resources Ltd
GOLD
| $8.09M | 0.09% |
92,676
-12,305
| -12% | -$1.07M |
|
67
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $7.97M | 0.09% |
90,803
-2,097
| -2% | -$184K |
|
68
Cencora
COR
$56.7B
| $7.87M | 0.09% |
88,867
-55,251
| -38% | -$4.89M |
|
69
United Therapeutics
UTHR
$18.1B
| $7.86M | 0.09% |
58,092
+14,187
| +32% | +$1.92M |
|
|
PXD
70
DELISTED
Pioneer Natural Resource Co.
PXD
| $7.78M | 0.09% |
41,788
-1,012
| -2% | -$188K |
|
71
LyondellBasell Industries
LYB
$17.7B
| $7.47M | 0.08% |
81,914
-10,184
| -11% | -$929K |
|
|
JNPR
72
DELISTED
Juniper Networks
JNPR
| $7.46M | 0.08% |
268,087
-98,211
| -27% | -$2.73M |
|
|
DISH
73
DELISTED
DISH Network Corp.
DISH
| $6.87M | 0.08% |
+108,196
| New | +$6.87M |
|
74
Illumina
ILMN
$15.7B
| $6.8M | 0.08% |
+40,959
| New | +$6.8M |
|
75
Southern Copper
SCCO
$83.6B
| $6.78M | 0.08% |
198,254
-6,408
| -3% | -$219K |
|