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 Taiwan ETF
EWT
|
$145M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$137M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$77M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$43.6M |
| 5 |
DaVita
DVA
|
$35.1M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 4.52% |
| 2 | Healthcare | 3.3% |
| 3 | Financials | 3.21% |
| 4 | Energy | 2.63% |
| 5 | Communication Services | 1.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
McKesson
MCK
$85.4B
| $23M | 0.2% | 168,575 +43,917 | +35% | +$6M |
|
52
Progressive
PGR
$145B
| $23M | 0.2% | +297,206 | New | +$23M |
|
53
Berkshire Hathaway Class B
BRK.B
$1.09T
| $22.7M | 0.2% | 109,054 -25,793 | -19% | -$5.37M |
|
54
United Rentals
URI
$61.5B
| $22.4M | 0.2% | 179,473 +16,269 | +10% | +$2.03M |
|
55
Comcast
CMCSA
$125B
| $22.2M | 0.2% | 493,221 -206,486 | -30% | -$9.31M |
|
56
American Tower
AMT
$95.5B
| $21.9M | 0.19% | +98,842 | New | +$21.9M |
|
57
NRG Energy
NRG
$28.2B
| $21.6M | 0.19% | 545,769 +248,072 | +83% | +$9.82M |
|
58
Canadian National Railway
CNI
$60.4B
| $21.6M | 0.19% | 240,057 | – | – |
|
59
ConocoPhillips
COP
$124B
| $21.2M | 0.19% | 372,052 +83,640 | +29% | +$4.77M |
|
60
Interpublic Group of Companies
IPG
$9.83B
| $20.7M | 0.18% | 960,978 -525,053 | -35% | -$11.3M |
|
61
Verizon
VZ
$186B
| $19.8M | 0.17% | 328,512 +163,996 | +100% | +$9.9M |
|
62
Suncor Energy
SU
$50.1B
| $19.2M | 0.17% | 606,976 -1,009 | -0.2% | -$31.8K |
|
63
Capri Holdings
CPRI
$2.45B
| $18.8M | 0.17% | 566,621 +83,737 | +17% | +$2.78M |
|
64
Masco
MAS
$15.4B
| $18.6M | 0.16% | 445,222 -133,805 | -23% | -$5.58M |
|
65
Comerica
CMA
$9.07B
| $18.2M | 0.16% | 275,845 +46,107 | +20% | +$3.04M |
|
66
PVH
PVH
$4.05B
| $17.2M | 0.15% | 194,400 -323,171 | -62% | -$28.5M |
|
67
Regeneron Pharmaceuticals
REGN
$61.5B
| $17.1M | 0.15% | 61,705 +59,330 | +2,498% | +$16.5M |
|
68
Urban Outfitters
URBN
$6.02B
| $16.7M | 0.15% | 594,197 -527,008 | -47% | -$14.8M |
|
69
Cardinal Health
CAH
$35.5B
| $16.5M | 0.14% | 349,452 -125,851 | -26% | -$5.94M |
|
70
Schlumberger
SLB
$55B
| $16.5M | 0.14% | 481,696 +74,706 | +18% | +$2.55M |
|
71
TC Energy
TRP
$54.1B
| $16.3M | 0.14% | 314,592 | – | – |
|
72
LyondellBasell Industries
LYB
$18.1B
| $16.3M | 0.14% | 182,087 -71,340 | -28% | -$6.38M |
|
73
Micron Technology
MU
$133B
| $16.2M | 0.14% | 378,339 -443,326 | -54% | -$19M |
|
74
Carnival Corp
CCL
$43.2B
| $16.2M | 0.14% | 369,709 -650,089 | -64% | -$28.4M |
|
75
Bank of Montreal
BMO
$86.7B
| $15.4M | 0.14% | 209,582 | – | – |
|