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 MSCI Emerging Markets ETF
IEMG
|
$59.6M |
| 2 |
Broadcom
AVGO
|
$44.9M |
| 3 |
Coca-Cola
KO
|
$43.7M |
| 4 |
Schlumberger
SLB
|
$40.5M |
| 5 |
Netflix
NFLX
|
$35.9M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$73.6M |
| 2 |
Johnson & Johnson
JNJ
|
$71.2M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$49.9M |
| 4 |
Tradeweb Markets
TW
|
$48.3M |
| 5 |
Visa
V
|
$38.9M |
Sector Composition
| 1 | Consumer Staples | 26.54% |
| 2 | Healthcare | 20.27% |
| 3 | Consumer Discretionary | 12.77% |
| 4 | Technology | 5.34% |
| 5 | Financials | 4.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Microsoft
MSFT
$3.76T
| $63.7M | 0.38% |
201,682
-55,888
| -22% | -$17.6M |
|
52
Cigna
CI
$80.2B
| $63.3M | 0.38% |
221,277
+59,663
| +37% | +$17.1M |
|
53
Mastercard
MA
$536B
| $62.8M | 0.38% |
158,516
+3,711
| +2% | +$1.47M |
|
54
Constellation Brands
STZ
$25.8B
| $60.1M | 0.36% |
238,961
+15,479
| +7% | +$3.89M |
|
55
Altria Group
MO
$112B
| $59.1M | 0.36% |
1,405,418
+129,160
| +10% | +$5.43M |
|
56
Dollar General
DG
$24.1B
| $57.3M | 0.35% |
541,250
+123,879
| +30% | +$13.1M |
|
57
DexCom
DXCM
$30.9B
| $56.1M | 0.34% |
601,363
+183,141
| +44% | +$17.1M |
|
58
Align Technology
ALGN
$9.59B
| $55.2M | 0.33% |
180,848
+22,053
| +14% | +$6.73M |
|
59
Vertex Pharmaceuticals
VRTX
$102B
| $55.1M | 0.33% |
158,349
-17,964
| -10% | -$6.25M |
|
60
Gilead Sciences
GILD
$140B
| $54.9M | 0.33% |
732,511
-13,199
| -2% | -$989K |
|
61
Pfizer
PFE
$141B
| $53.7M | 0.32% |
1,619,567
-166,015
| -9% | -$5.51M |
|
62
Sysco
SYY
$38.8B
| $52.9M | 0.32% |
800,286
-114,235
| -12% | -$7.55M |
|
63
Kraft Heinz
KHC
$31.9B
| $51.9M | 0.31% |
1,543,440
-160,989
| -9% | -$5.42M |
|
64
Hershey
HSY
$37.4B
| $51.5M | 0.31% |
257,179
-18,789
| -7% | -$3.76M |
|
65
Idexx Laboratories
IDXX
$50.7B
| $51.1M | 0.31% |
116,831
+9,096
| +8% | +$3.98M |
|
66
Regeneron Pharmaceuticals
REGN
$59.8B
| $50M | 0.3% |
60,749
-40,184
| -40% | -$33.1M |
|
67
T-Mobile US
TMUS
$284B
| $47.7M | 0.29% |
340,478
-43,168
| -11% | -$6.05M |
|
68
Yum China
YUMC
$16.3B
| $47M | 0.28% |
843,141
-40,114
| -5% | -$2.24M |
|
69
Lamb Weston
LW
$7.88B
| $45.6M | 0.28% |
493,597
+298
| +0.1% | +$27.6K |
|
70
Lam Research
LRCX
$124B
| $45.5M | 0.28% |
72,667
+40,354
| +125% | +$25.3M |
|
71
Restaurant Brands International
QSR
$20.5B
| $45.4M | 0.27% |
678,736
+40,717
| +6% | +$2.72M |
|
72
D.R. Horton
DHI
$51.3B
| $45.3M | 0.27% |
421,060
+134,506
| +47% | +$14.5M |
|
73
Trip.com Group
TCOM
$46.6B
| $45M | 0.27% |
1,288,243
-87,400
| -6% | -$3.06M |
|
|
74
Broadcom
AVGO
$1.42T
| $44.9M | 0.27% |
+54,041
| New | +$44.9M |
|
75
Citigroup
C
$175B
| $44.8M | 0.27% |
1,090,012
+313,215
| +40% | +$12.9M |
|