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 Core MSCI Emerging Markets ETF
IEMG
|
$42.8M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$35M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$25.7M |
| 4 |
GE Aerospace
GE
|
$22.7M |
| 5 |
Intel
INTC
|
$22.5M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
$159M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$155M |
| 3 |
CVS Health
CVS
|
$47.7M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
$39.7M |
| 5 |
Oracle
ORCL
|
$38.6M |
Sector Composition
| 1 | Financials | 3.43% |
| 2 | Consumer Discretionary | 3.34% |
| 3 | Energy | 2.23% |
| 4 | Healthcare | 1.95% |
| 5 | Industrials | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
BCE
BCE
$23.1B
| $16.1M | 0.17% |
398,159
+62,826
| +19% | +$2.54M |
|
52
Bristol-Myers Squibb
BMY
$96B
| $16M | 0.17% |
257,070
-16,564
| -6% | -$1.03M |
|
53
Whirlpool
WHR
$5.28B
| $15.7M | 0.16% |
132,246
+118,771
| +881% | +$14.1M |
|
54
Cummins
CMI
$55.1B
| $15.7M | 0.16% |
107,225
-128,036
| -54% | -$18.7M |
|
55
Canadian Pacific Kansas City
CP
$70.3B
| $14.9M | 0.15% |
353,415
+49,880
| +16% | +$2.11M |
|
56
Eli Lilly
LLY
$652B
| $14.5M | 0.15% |
135,421
-91,104
| -40% | -$9.78M |
|
57
United Rentals
URI
$62.7B
| $14.3M | 0.15% |
87,211
+1,549
| +2% | +$253K |
|
58
Alibaba
BABA
$323B
| $14.1M | 0.15% |
85,278
+649
| +0.8% | +$107K |
|
59
DaVita
DVA
$9.86B
| $13.6M | 0.14% |
+190,154
| New | +$13.6M |
|
60
Western Union
WU
$2.86B
| $13.4M | 0.14% |
701,521
+406,786
| +138% | +$7.75M |
|
61
Pfizer
PFE
$141B
| $13.2M | 0.14% |
314,722
-92,445
| -23% | -$3.87M |
|
62
Sun Life Financial
SLF
$32.4B
| $12.1M | 0.13% |
304,805
+42,285
| +16% | +$1.68M |
|
63
Kohl's
KSS
$1.86B
| $11.9M | 0.12% |
160,201
+37,135
| +30% | +$2.77M |
|
64
Comcast
CMCSA
$125B
| $11.9M | 0.12% |
337,003
+77,076
| +30% | +$2.73M |
|
65
Chevron
CVX
$310B
| $11.9M | 0.12% |
97,212
-109,301
| -53% | -$13.4M |
|
66
General Mills
GIS
$27B
| $11.9M | 0.12% |
276,956
+98,161
| +55% | +$4.21M |
|
67
Hershey
HSY
$37.6B
| $11.2M | 0.12% |
109,681
+65,036
| +146% | +$6.63M |
|
68
Telus
TU
$25.3B
| $11.1M | 0.11% |
600,320
+83,272
| +16% | +$1.53M |
|
69
Capri Holdings
CPRI
$2.53B
| $11.1M | 0.11% |
161,170
+64,298
| +66% | +$4.41M |
|
70
Johnson & Johnson
JNJ
$430B
| $10.8M | 0.11% |
77,815
-32,135
| -29% | -$4.44M |
|
|
RTN
71
DELISTED
Raytheon Company
RTN
| $10.1M | 0.1% |
48,732
+1,879
| +4% | +$388K |
|
72
Wynn Resorts
WYNN
$12.6B
| $10M | 0.1% |
+78,808
| New | +$10M |
|
73
IBM
IBM
$232B
| $9.76M | 0.1% |
67,517
-39,184
| -37% | -$5.66M |
|
74
Caterpillar
CAT
$198B
| $9.65M | 0.1% |
63,304
-150,203
| -70% | -$22.9M |
|
75
Cardinal Health
CAH
$35.7B
| $9.64M | 0.1% |
178,549
-574,357
| -76% | -$31M |
|