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
|
$715M |
| 2 |
SPDR Gold Trust
GLD
|
$319M |
| 3 |
Baidu
BIDU
|
$173M |
| 4 |
Booking.com
BKNG
|
$163M |
| 5 |
Salesforce
CRM
|
$145M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$2.74B |
| 2 |
Applovin
APP
|
$129M |
| 3 |
McKesson
MCK
|
$117M |
| 4 |
Meta Platforms (Facebook)
META
|
$113M |
| 5 |
AT&T
T
|
$105M |
Sector Composition
| 1 | Technology | 18.81% |
| 2 | Consumer Discretionary | 12.96% |
| 3 | Financials | 12.67% |
| 4 | Communication Services | 7.72% |
| 5 | Healthcare | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Manulife Financial
MFC
$52.2B
| $99.6M | 0.46% | 3,195,751 +1,241,757 | +64% | +$38.7M |
|
52
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $98.4M | 0.46% | 2,173,213 -46,973 | -2% | -$2.13M |
|
53
Allstate
ALL
$53.6B
| $92.6M | 0.43% | 446,961 +65,454 | +17% | +$13.6M |
|
54
eBay
EBAY
$41.4B
| $90.2M | 0.42% | 1,332,447 -448,290 | -25% | -$30.4M |
|
55
Bank of New York Mellon
BK
$74.5B
| $87.8M | 0.41% | 1,047,205 +56,886 | +6% | +$4.77M |
|
56
Chubb
CB
$110B
| $82.3M | 0.38% | +272,434 | New | +$82.3M |
|
57
iShares MSCI South Korea ETF
EWY
$5.13B
| $81.3M | 0.38% | 1,504,232 -1,650,485 | -52% | -$89.2M |
|
58
Emcor
EME
$27.8B
| $81.2M | 0.38% | 219,663 +154,981 | +240% | +$57.3M |
|
59
Oracle
ORCL
$635B
| $81.1M | 0.38% | 579,931 +491,447 | +555% | +$68.7M |
|
60
Chevron
CVX
$324B
| $80.8M | 0.37% | 483,055 +476,199 | +6,946% | +$79.7M |
|
61
Charter Communications
CHTR
$36.3B
| $79.1M | 0.37% | 214,545 +154,748 | +259% | +$57M |
|
|
62
AT&T
T
$209B
| $78.6M | 0.36% | 2,780,614 -3,697,494 | -57% | -$105M |
|
63
CoStar Group
CSGP
$37.9B
| $78.1M | 0.36% | 985,993 +106,078 | +12% | +$8.4M |
|
64
Shell
SHEL
$215B
| $77M | 0.36% | 1,051,152 +220,152 | +26% | +$16.1M |
|
65
Hartford Financial Services
HIG
$37.2B
| $76M | 0.35% | 614,430 +267,875 | +77% | +$33.1M |
|
66
Centene
CNC
$14.3B
| $73.5M | 0.34% | 1,210,586 -11,443 | -0.9% | -$695K |
|
67
S&P Global
SPGI
$167B
| $73.4M | 0.34% | 144,481 +49,281 | +52% | +$25M |
|
68
LPL Financial
LPLA
$29.2B
| $72.9M | 0.34% | 222,873 +157,989 | +243% | +$51.7M |
|
69
Newmont
NEM
$81.7B
| $70.8M | 0.33% | 1,465,489 +59,601 | +4% | +$2.88M |
|
70
Prudential Financial
PRU
$38.6B
| $70.4M | 0.33% | 630,106 +241,757 | +62% | +$27M |
|
71
Delta Air Lines
DAL
$40.3B
| $69.9M | 0.32% | +1,602,890 | New | +$69.9M |
|
72
State Street
STT
$32.6B
| $67.7M | 0.31% | 755,692 +155,259 | +26% | +$13.9M |
|
73
Sea Limited
SE
$110B
| $66M | 0.31% | 505,714 -91,325 | -15% | -$11.9M |
|
74
Vertiv
VRT
$48.7B
| $65.7M | 0.3% | 910,356 +706,726 | +347% | +$51M |
|
75
Arista Networks
ANET
$172B
| $65.4M | 0.3% | 843,502 +170,448 | +25% | +$13.2M |
|