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
|
$218M |
| 2 |
CVS Health
CVS
|
$179M |
| 3 |
Mastercard
MA
|
$142M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$103M |
| 5 |
Meta Platforms (Facebook)
META
|
$92.8M |
Top Sells
| 1 |
Alibaba
BABA
|
$814M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$729M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$303M |
| 4 |
SPDR Gold Trust
GLD
|
$135M |
| 5 |
JD.com
JD
|
$124M |
Sector Composition
| 1 | Consumer Staples | 25.98% |
| 2 | Healthcare | 19.03% |
| 3 | Consumer Discretionary | 12.6% |
| 4 | Financials | 7.27% |
| 5 | Communication Services | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
McKesson
MCK
$85.9B
| $92.9M | 0.39% |
284,927
+28,238
| +11% | +$9.21M |
|
52
Hershey
HSY
$37.4B
| $92.1M | 0.39% |
427,903
-2,440
| -0.6% | -$525K |
|
53
PayPal
PYPL
$66.5B
| $88.5M | 0.38% |
1,267,329
+1,153,017
| +1,009% | +$80.5M |
|
54
Boston Scientific
BSX
$159B
| $86.3M | 0.37% |
2,314,536
-331,476
| -13% | -$12.4M |
|
55
Tyson Foods
TSN
$20B
| $85.5M | 0.36% |
993,617
+119,327
| +14% | +$10.3M |
|
56
HCA Healthcare
HCA
$95.4B
| $83.3M | 0.35% |
495,517
+106,167
| +27% | +$17.8M |
|
57
Comcast
CMCSA
$125B
| $81.6M | 0.35% |
2,078,473
+821,158
| +65% | +$32.2M |
|
58
iShares Gold Trust
IAU
$52.2B
| $81.3M | 0.34% |
2,369,514
-983,505
| -29% | -$33.7M |
|
59
JPMorgan Chase
JPM
$824B
| $79.6M | 0.34% |
707,092
+227,632
| +47% | +$25.6M |
|
60
Booking.com
BKNG
$181B
| $78.9M | 0.33% |
45,094
+41,947
| +1,333% | +$73.4M |
|
61
Yum! Brands
YUM
$40.1B
| $75.5M | 0.32% |
664,917
-212,919
| -24% | -$24.2M |
|
62
Yum China
YUMC
$16.3B
| $75M | 0.32% |
1,546,980
-77,779
| -5% | -$3.77M |
|
63
AT&T
T
$208B
| $71.1M | 0.3% |
3,393,604
+683,200
| +25% | +$14.3M |
|
64
Mondelez International
MDLZ
$79.3B
| $70.7M | 0.3% |
1,137,923
+368,523
| +48% | +$22.9M |
|
65
iShares MSCI Taiwan ETF
EWT
$6.1B
| $70.3M | 0.3% |
1,393,923
| – | – |
|
66
Lowe's Companies
LOW
$146B
| $70.1M | 0.3% |
401,306
+260,267
| +185% | +$45.5M |
|
67
Airbnb
ABNB
$76.5B
| $68.7M | 0.29% |
771,399
+573,256
| +289% | +$51.1M |
|
68
XPeng
XPEV
$19.3B
| $68.5M | 0.29% |
2,159,278
+6,062
| +0.3% | +$192K |
|
69
Interactive Brokers
IBKR
$28.5B
| $68.1M | 0.29% |
4,954,884
+4,184,692
| +543% | +$57.5M |
|
70
Trip.com Group
TCOM
$46.6B
| $67.1M | 0.28% |
2,445,243
-78,781
| -3% | -$2.16M |
|
71
Eli Lilly
LLY
$661B
| $66.4M | 0.28% |
204,825
-42,521
| -17% | -$13.8M |
|
72
Cisco
CSCO
$268B
| $65.3M | 0.28% |
1,530,281
+616,063
| +67% | +$26.3M |
|
73
Church & Dwight Co
CHD
$22.7B
| $65.1M | 0.28% |
702,249
-7,811
| -1% | -$724K |
|
74
CME Group
CME
$97.1B
| $65.1M | 0.28% |
317,865
+185,464
| +140% | +$38M |
|
75
T-Mobile US
TMUS
$284B
| $64.8M | 0.27% |
481,462
+167,283
| +53% | +$22.5M |
|