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 India ETF
INDA
|
$105M |
| 2 |
Bread Financial
BFH
|
$39.6M |
| 3 |
XEC
CIMAREX ENERGY CO
XEC
|
$39.2M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$39M |
| 5 |
Kroger
KR
|
$38.2M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.97B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$1.11B |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$913M |
| 4 |
SPDR S&P 500 ETF Trust
SPY
|
$348M |
| 5 |
Bristol-Myers Squibb
BMY
|
$47.2M |
Sector Composition
| 1 | Consumer Discretionary | 4.47% |
| 2 | Financials | 2.86% |
| 3 | Energy | 2.75% |
| 4 | Industrials | 1.72% |
| 5 | Healthcare | 1.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Masco
MAS
$15.4B
| $22.7M | 0.18% | 579,027 +399,176 | +222% | +$15.7M |
|
52
Scotiabank
BNS
$77.6B
| $22.4M | 0.18% | 416,027 | – | – |
|
53
Cardinal Health
CAH
$35.5B
| $22.4M | 0.18% | 475,303 -61,315 | -11% | -$2.89M |
|
54
Canadian National Railway
CNI
$60.4B
| $22.3M | 0.17% | 240,057 | – | – |
|
55
International Paper
IP
$26.2B
| $22.2M | 0.17% | 512,179 +49,559 | +11% | +$2.15M |
|
56
Clorox
CLX
$14.5B
| $22M | 0.17% | 143,723 +91,524 | +175% | +$14M |
|
57
LyondellBasell Industries
LYB
$18.1B
| $21.8M | 0.17% | 253,427 -91,818 | -27% | -$7.91M |
|
58
Ralph Lauren
RL
$18B
| $21.8M | 0.17% | 191,690 +142,876 | +293% | +$16.2M |
|
59
United Rentals
URI
$61.5B
| $21.6M | 0.17% | 163,204 -211,914 | -56% | -$28.1M |
|
60
EQT Corp
EQT
$32.4B
| $21.4M | 0.17% | 1,352,344 +130,469 | +11% | +$2.06M |
|
61
iShares MSCI Mexico ETF
EWW
$1.78B
| $21.4M | 0.17% | 492,342 +4,366 | +0.9% | +$189K |
|
62
Stanley Black & Decker
SWK
$11.5B
| $21.1M | 0.17% | +146,235 | New | +$21.1M |
|
63
Cleveland-Cliffs
CLF
$5.32B
| $20.8M | 0.16% | 1,947,544 +70,545 | +4% | +$753K |
|
64
F5
FFIV
$18B
| $20.6M | 0.16% | 141,535 +38,087 | +37% | +$5.55M |
|
65
Monster Beverage
MNST
$60.9B
| $19.9M | 0.16% | 311,449 -238,818 | -43% | -$15.2M |
|
|
CTXS
66
DELISTED
Citrix Systems Inc
CTXS
| $19.8M | 0.16% | 201,946 -88,320 | -30% | -$8.67M |
|
67
3M
MMM
$82.8B
| $19.4M | 0.15% | 111,951 +80,198 | +253% | +$13.9M |
|
68
Suncor Energy
SU
$50.1B
| $19M | 0.15% | 607,985 +1,785 | +0.3% | +$55.8K |
|
|
WBA
69
DELISTED
Walgreens Boots Alliance
WBA
| $18.9M | 0.15% | 346,270 +176,769 | +104% | +$9.66M |
|
70
Anywhere Real Estate
HOUS
$684M
| $18.4M | 0.14% | 2,535,504 +742,480 | +41% | +$5.38M |
|
71
ConocoPhillips
COP
$124B
| $17.6M | 0.14% | 288,412 +84,837 | +42% | +$5.18M |
|
72
Bank of New York Mellon
BK
$74.5B
| $16.8M | 0.13% | +380,468 | New | +$16.8M |
|
73
McKesson
MCK
$85.4B
| $16.8M | 0.13% | 124,658 -32,337 | -21% | -$4.35M |
|
74
Capri Holdings
CPRI
$2.45B
| $16.7M | 0.13% | 482,884 +202,213 | +72% | +$7.01M |
|
75
Comerica
CMA
$9.07B
| $16.7M | 0.13% | 229,738 +99,994 | +77% | +$7.26M |
|