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 |
Eli Lilly
LLY
|
$149M |
| 2 |
NVIDIA
NVDA
|
$109M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$96.2M |
| 4 |
Comcast
CMCSA
|
$72.7M |
| 5 |
Progressive
PGR
|
$70.4M |
Top Sells
| 1 |
Costco
COST
|
$92.8M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$82.1M |
| 3 |
Coca-Cola
KO
|
$58.5M |
| 4 |
Broadcom
AVGO
|
$58.3M |
| 5 |
Lam Research
LRCX
|
$51M |
Sector Composition
| 1 | Consumer Staples | 23.84% |
| 2 | Healthcare | 20.59% |
| 3 | Consumer Discretionary | 12.23% |
| 4 | Financials | 6.67% |
| 5 | Communication Services | 5.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Progressive
PGR
$146B
| $77.1M | 0.43% |
484,227
+441,867
| +1,043% | +$70.4M |
|
52
Altria Group
MO
$112B
| $76.1M | 0.43% |
1,885,964
+480,546
| +34% | +$19.4M |
|
53
Microsoft
MSFT
$3.78T
| $74.4M | 0.42% |
197,732
-3,950
| -2% | -$1.49M |
|
54
Becton Dickinson
BDX
$54.8B
| $72.4M | 0.41% |
296,787
-50,906
| -15% | -$12.4M |
|
55
D.R. Horton
DHI
$52.7B
| $71.7M | 0.4% |
471,863
+50,803
| +12% | +$7.72M |
|
56
Constellation Brands
STZ
$25.7B
| $69.9M | 0.39% |
289,020
+50,059
| +21% | +$12.1M |
|
57
Edwards Lifesciences
EW
$47.5B
| $68.9M | 0.39% |
903,228
-152,368
| -14% | -$11.6M |
|
58
Gilead Sciences
GILD
$140B
| $65.4M | 0.37% |
807,919
+75,408
| +10% | +$6.11M |
|
59
General Mills
GIS
$26.5B
| $62.8M | 0.35% |
963,644
-47,838
| -5% | -$3.12M |
|
60
Kraft Heinz
KHC
$31.9B
| $61.4M | 0.34% |
1,661,700
+118,260
| +8% | +$4.37M |
|
61
Elevance Health
ELV
$69.4B
| $60.5M | 0.34% |
128,245
+32,942
| +35% | +$15.5M |
|
62
Humana
HUM
$37.5B
| $57M | 0.32% |
124,478
+85,640
| +221% | +$39.2M |
|
63
DoorDash
DASH
$106B
| $56.2M | 0.31% |
567,818
+69,794
| +14% | +$6.9M |
|
64
Sysco
SYY
$39.5B
| $54.6M | 0.31% |
747,034
-53,252
| -7% | -$3.89M |
|
65
Vertex Pharmaceuticals
VRTX
$102B
| $53.9M | 0.3% |
132,354
-25,995
| -16% | -$10.6M |
|
66
DexCom
DXCM
$31.7B
| $53.8M | 0.3% |
433,155
-168,208
| -28% | -$20.9M |
|
67
Lennar Class A
LEN
$35.8B
| $53.4M | 0.3% |
370,347
-31,115
| -8% | -$4.49M |
|
68
Schlumberger
SLB
$53.7B
| $51.5M | 0.29% |
990,379
-318,171
| -24% | -$16.6M |
|
69
GE Aerospace
GE
$299B
| $49M | 0.27% |
481,354
+265,198
| +123% | +$27M |
|
70
Restaurant Brands International
QSR
$20.4B
| $48.2M | 0.27% |
614,264
-64,472
| -9% | -$5.06M |
|
71
Estee Lauder
EL
$31.5B
| $47.3M | 0.26% |
323,596
-203,465
| -39% | -$29.8M |
|
72
AT&T
T
$212B
| $46.2M | 0.26% |
2,753,821
+1,143,449
| +71% | +$19.2M |
|
73
T-Mobile US
TMUS
$284B
| $44.1M | 0.25% |
275,334
-65,144
| -19% | -$10.4M |
|
74
Cencora
COR
$56.7B
| $43.2M | 0.24% |
210,515
+60,519
| +40% | +$12.4M |
|
75
Lamb Weston
LW
$7.77B
| $43.2M | 0.24% |
399,698
-93,899
| -19% | -$10.1M |
|