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 S&P 500 ETF
IVV
|
+$352M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$166M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$143M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$63.7M |
| 5 |
Bread Financial
BFH
|
+$59.9M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$131M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$85.8M |
| 3 |
iShares MSCI Taiwan ETF
EWT
|
+$37M |
| 4 |
Toll Brothers
TOL
|
+$34.5M |
| 5 |
NFX
Newfield Exploration
NFX
|
+$24.9M |
Sector Composition
| 1 | Financials | 5.64% |
| 2 | Consumer Discretionary | 4.56% |
| 3 | Energy | 3.53% |
| 4 | Healthcare | 2.96% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Tyson Foods
TSN
$19.3B
| $26.6M | 0.24% |
497,767
+343,413
| +222% | +$18.3M |
|
52
Carnival Corp
CCL
$42B
| $26.1M | 0.24% |
+528,726
| New | +$26.1M |
|
53
Western Union
WU
$2.71B
| $26M | 0.24% |
1,524,122
+822,601
| +117% | +$14M |
|
|
DFS
54
DELISTED
Discover Financial Services
DFS
| $25.5M | 0.23% |
432,443
+421,276
| +3,773% | +$24.8M |
|
55
Scotiabank
BNS
$79B
| $25.4M | 0.23% |
509,542
-97,399
| -16% | -$4.85M |
|
56
Prudential Financial
PRU
$37.4B
| $25.4M | 0.23% |
310,951
+296,358
| +2,031% | +$24.2M |
|
57
Intel
INTC
$117B
| $25.2M | 0.23% |
536,648
-123,891
| -19% | -$5.81M |
|
58
Target
TGT
$40.3B
| $24.6M | 0.23% |
372,643
+326,404
| +706% | +$21.6M |
|
59
Cleveland-Cliffs
CLF
$5.9B
| $24.1M | 0.22% |
3,132,957
+2,844,328
| +985% | +$21.9M |
|
|
PARA
60
DELISTED
Paramount Global Class B
PARA
| $23.9M | 0.22% |
546,735
+504,899
| +1,207% | +$22.1M |
|
61
Valero Energy
VLO
$49B
| $23.8M | 0.22% |
317,966
+313,344
| +6,779% | +$23.5M |
|
62
Whirlpool
WHR
$5.01B
| $23.8M | 0.22% |
222,235
+89,989
| +68% | +$9.62M |
|
63
DaVita
DVA
$9.39B
| $23.7M | 0.22% |
459,733
+269,579
| +142% | +$13.9M |
|
64
EQT Corp
EQT
$31.7B
| $22.4M | 0.21% |
1,187,835
+1,158,781
| +3,988% | +$21.9M |
|
65
Canadian National Railway
CNI
$59.1B
| $21.9M | 0.2% |
295,475
-57,571
| -16% | -$4.26M |
|
66
FedEx
FDX
$53.8B
| $21.8M | 0.2% |
135,259
+101,586
| +302% | +$16.4M |
|
67
Lam Research
LRCX
$149B
| $21.6M | 0.2% |
1,587,530
+1,419,360
| +844% | +$19.3M |
|
68
Labcorp
LH
$22.9B
| $21.4M | 0.2% |
+196,743
| New | +$21.4M |
|
69
Bath & Body Works
BBWI
$5.51B
| $21.2M | 0.19% |
+1,020,379
| New | +$21.2M |
|
70
Suncor Energy
SU
$51.1B
| $20.3M | 0.19% |
727,538
-117,372
| -14% | -$3.28M |
|
71
Estee Lauder
EL
$31.2B
| $20.1M | 0.18% |
+154,694
| New | +$20.1M |
|
72
Cognizant
CTSH
$33.4B
| $19.5M | 0.18% |
+306,763
| New | +$19.5M |
|
73
Edison International
EIX
$21.6B
| $19.3M | 0.18% |
+340,033
| New | +$19.3M |
|
74
Darden Restaurants
DRI
$25B
| $19M | 0.17% |
+190,181
| New | +$19M |
|
75
General Mills
GIS
$26.5B
| $18.7M | 0.17% |
479,354
+202,398
| +73% | +$7.88M |
|