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 Emerging Markets ETF
EEM
|
$905M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$588M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$579M |
| 4 |
Alibaba
BABA
|
$277M |
| 5 |
SPDR Gold Trust
GLD
|
$127M |
Top Sells
| 1 |
Danaher
DHR
|
$46.9M |
| 2 |
Linde
LIN
|
$29.9M |
| 3 |
Microsoft
MSFT
|
$27.5M |
| 4 |
Walmart
WMT
|
$27.4M |
| 5 |
Deere & Co
DE
|
$26.6M |
Sector Composition
| 1 | Consumer Staples | 24.28% |
| 2 | Consumer Discretionary | 16.94% |
| 3 | Healthcare | 15.14% |
| 4 | Financials | 5.71% |
| 5 | Industrials | 3.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DIDI
51
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $70M | 0.38% |
+8,990,211
| New | +$70M |
|
52
Johnson Controls International
JCI
$68.9B
| $69.7M | 0.38% |
1,023,164
+342,653
| +50% | +$23.3M |
|
53
Hershey
HSY
$37.4B
| $67.2M | 0.37% |
397,117
+24,488
| +7% | +$4.14M |
|
54
Boston Scientific
BSX
$159B
| $66.8M | 0.37% |
1,539,799
-33,071
| -2% | -$1.43M |
|
|
ONC
55
BeOne Medicines Ltd. American Depositary Shares
ONC
$37B
| $63.9M | 0.35% |
175,923
+89,877
| +104% | +$32.6M |
|
56
Trane Technologies
TT
$90.9B
| $61.4M | 0.34% |
355,916
+101,036
| +40% | +$17.4M |
|
57
Aptiv
APTV
$17.3B
| $61M | 0.33% |
409,534
+143,192
| +54% | +$21.3M |
|
58
Citigroup
C
$175B
| $56M | 0.31% |
797,968
+96,685
| +14% | +$6.79M |
|
59
Charles Schwab
SCHW
$175B
| $55.2M | 0.3% |
757,235
+135,761
| +22% | +$9.89M |
|
60
Tyson Foods
TSN
$20B
| $55.1M | 0.3% |
697,765
+35,242
| +5% | +$2.78M |
|
61
Idexx Laboratories
IDXX
$50.7B
| $55M | 0.3% |
88,505
+17,821
| +25% | +$11.1M |
|
62
Kroger
KR
$45.1B
| $55M | 0.3% |
1,360,264
+81,484
| +6% | +$3.29M |
|
63
Align Technology
ALGN
$9.59B
| $53.5M | 0.29% |
80,374
-1,892
| -2% | -$1.26M |
|
64
Goldman Sachs
GS
$221B
| $53.3M | 0.29% |
140,889
+26,587
| +23% | +$10.1M |
|
65
Vanguard FTSE Developed Markets ETF
VEA
$169B
| $53.1M | 0.29% |
1,050,951
-63,349
| -6% | -$3.2M |
|
66
lululemon athletica
LULU
$23.8B
| $52.7M | 0.29% |
130,341
+13,180
| +11% | +$5.33M |
|
67
PPG Industries
PPG
$24.6B
| $52M | 0.28% |
363,554
+112,866
| +45% | +$16.1M |
|
68
iShares MSCI EAFE ETF
EFA
$65.4B
| $51.7M | 0.28% |
662,431
-39,931
| -6% | -$3.12M |
|
69
DexCom
DXCM
$30.9B
| $51.5M | 0.28% |
94,253
-11,159
| -11% | -$6.1M |
|
70
Blackrock
BLK
$170B
| $50.8M | 0.28% |
60,530
+9,103
| +18% | +$7.63M |
|
71
Old Dominion Freight Line
ODFL
$31.1B
| $50.6M | 0.28% |
176,881
+51,479
| +41% | +$14.7M |
|
72
Yum China
YUMC
$16.3B
| $50.5M | 0.28% |
869,248
+348,390
| +67% | +$20.2M |
|
73
Tesla
TSLA
$1.08T
| $50M | 0.27% |
64,466
+39,237
| +156% | +$30.4M |
|
74
Brown-Forman Class B
BF.B
$13.3B
| $49.9M | 0.27% |
744,996
-24,495
| -3% | -$1.64M |
|
75
iShares Core MSCI EAFE ETF
IEFA
$149B
| $47.9M | 0.26% |
644,560
-38,845
| -6% | -$2.88M |
|