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 |
Alibaba
BABA
|
$116M |
| 2 |
Procter & Gamble
PG
|
$82.1M |
| 3 |
PepsiCo
PEP
|
$64.7M |
| 4 |
Johnson & Johnson
JNJ
|
$58.8M |
| 5 |
McDonald's
MCD
|
$58.7M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$548M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$328M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$327M |
| 4 |
Walmart
WMT
|
$317M |
| 5 |
Danaher
DHR
|
$227M |
Sector Composition
| 1 | Consumer Staples | 28.01% |
| 2 | Consumer Discretionary | 17.74% |
| 3 | Healthcare | 17.12% |
| 4 | Industrials | 3.49% |
| 5 | Financials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
DexCom
DXCM
$31.7B
| $57.2M | 0.33% |
426,136
+49,124
| +13% | +$6.59M |
|
|
CERN
52
DELISTED
Cerner Corp
CERN
| $57M | 0.33% |
614,006
+36,508
| +6% | +$3.39M |
|
53
Baxter International
BAX
$12.1B
| $56.1M | 0.33% |
653,161
+86,898
| +15% | +$7.46M |
|
54
Tyson Foods
TSN
$20B
| $55.1M | 0.32% |
632,491
-65,274
| -9% | -$5.69M |
|
55
Church & Dwight Co
CHD
$23.2B
| $55.1M | 0.32% |
537,273
+59,369
| +12% | +$6.09M |
|
56
Kraft Heinz
KHC
$31.9B
| $54.8M | 0.32% |
1,527,185
-784,818
| -34% | -$28.2M |
|
57
Yum China
YUMC
$16.4B
| $54.2M | 0.32% |
1,088,312
+219,064
| +25% | +$10.9M |
|
58
Johnson Controls International
JCI
$70.1B
| $54M | 0.31% |
663,535
-359,629
| -35% | -$29.2M |
|
59
XPeng
XPEV
$18.9B
| $53.9M | 0.31% |
1,070,108
-97,099
| -8% | -$4.89M |
|
60
Align Technology
ALGN
$9.76B
| $53.4M | 0.31% |
81,327
+953
| +1% | +$626K |
|
61
Vanguard FTSE Developed Markets ETF
VEA
$170B
| $52.2M | 0.3% |
1,023,065
-27,886
| -3% | -$1.42M |
|
62
Brown-Forman Class B
BF.B
$13.3B
| $52.1M | 0.3% |
714,753
-30,243
| -4% | -$2.2M |
|
63
iShares MSCI EAFE ETF
EFA
$65.9B
| $50.7M | 0.29% |
644,852
-17,579
| -3% | -$1.38M |
|
|
DIDI
64
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $50.6M | 0.29% |
10,153,819
+1,163,608
| +13% | +$5.79M |
|
65
Li Auto
LI
$24.3B
| $50M | 0.29% |
1,556,928
-126,418
| -8% | -$4.06M |
|
66
NetEase
NTES
$84.3B
| $49.7M | 0.29% |
488,614
+308,591
| +171% | +$31.4M |
|
67
ResMed
RMD
$40.1B
| $48.8M | 0.28% |
187,402
+26,053
| +16% | +$6.79M |
|
68
iShares Core MSCI EAFE ETF
IEFA
$149B
| $46.8M | 0.27% |
627,468
-17,092
| -3% | -$1.28M |
|
69
Trane Technologies
TT
$91.9B
| $45.7M | 0.27% |
226,276
-129,640
| -36% | -$26.2M |
|
70
KE Holdings
BEKE
$21.9B
| $45.5M | 0.26% |
2,260,108
+417,003
| +23% | +$8.39M |
|
71
McKesson
MCK
$86B
| $44.5M | 0.26% |
179,136
+20,864
| +13% | +$5.19M |
|
72
Clorox
CLX
$15.2B
| $43.7M | 0.25% |
250,652
+15,582
| +7% | +$2.72M |
|
73
Bank of America
BAC
$375B
| $43.5M | 0.25% |
977,097
-1,412,047
| -59% | -$62.8M |
|
74
Pfizer
PFE
$140B
| $43.3M | 0.25% |
732,671
+567,368
| +343% | +$33.5M |
|
75
Aptiv
APTV
$17.5B
| $42.3M | 0.25% |
256,698
-152,836
| -37% | -$25.2M |
|