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
|
$82.3M |
| 2 |
iShares China Large-Cap ETF
FXI
|
$58.6M |
| 3 |
Merck
MRK
|
$51.7M |
| 4 |
Pinduoduo
PDD
|
$40.7M |
| 5 |
Philip Morris
PM
|
$35.9M |
Top Sells
| 1 |
SPDR Gold Trust
GLD
|
$162M |
| 2 |
Meta Platforms (Facebook)
META
|
$133M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$87.5M |
| 4 |
Eli Lilly
LLY
|
$68.2M |
| 5 |
Johnson & Johnson
JNJ
|
$67.2M |
Sector Composition
| 1 | Consumer Staples | 27.66% |
| 2 | Healthcare | 21.92% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Financials | 5.4% |
| 5 | Communication Services | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
M&T Bank
MTB
$31B
| – | – |
-6,022
| Closed | -$720K |
|
777
Netflix
NFLX
$521B
| – | – |
-33,970
| Closed | -$11.7M |
|
778
Okta
OKTA
$15.8B
| – | – |
-4,101
| Closed | -$354K |
|
779
Ollie's Bargain Outlet
OLLI
$7.89B
| – | – |
-128,522
| Closed | -$7.45M |
|
780
Oracle
ORCL
$628B
| – | – |
-2,809
| Closed | -$261K |
|
781
Pitney Bowes
PBI
$2.07B
| – | – |
-52,380
| Closed | -$204K |
|
782
PennyMac Financial
PFSI
$5.83B
| – | – |
-10,245
| Closed | -$611K |
|
783
Pentair
PNR
$17.5B
| – | – |
-3,994
| Closed | -$221K |
|
784
PVH
PVH
$4.1B
| – | – |
-19,964
| Closed | -$1.78M |
|
785
Qorvo
QRVO
$8.42B
| – | – |
-22,551
| Closed | -$2.29M |
|
786
Royal Gold
RGLD
$11.9B
| – | – |
-12,371
| Closed | -$1.6M |
|
787
RLX Technology
RLX
$3.09B
| – | – |
-160,834
| Closed | -$466K |
|