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 |
Alphabet (Google) Class A
GOOGL
|
+$162M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$161M |
| 3 |
Meta Platforms (Facebook)
META
|
+$98.7M |
| 4 |
Microsoft
MSFT
|
+$69.4M |
| 5 |
AbbVie
ABBV
|
+$60.8M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$216M |
| 2 |
Pinduoduo
PDD
|
+$114M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$111M |
| 4 |
Walmart
WMT
|
+$108M |
| 5 |
Bank of America
BAC
|
+$106M |
Sector Composition
| 1 | Consumer Staples | 28.45% |
| 2 | Healthcare | 21.25% |
| 3 | Consumer Discretionary | 10.73% |
| 4 | Financials | 6.5% |
| 5 | Communication Services | 4.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
876
Equity Residential
EQR
$25.4B
| – | – |
-315,338
| Closed | -$18.6M |
|
877
Essex Property Trust
ESS
$17.3B
| – | – |
-21,229
| Closed | -$4.5M |
|
878
Entergy
ETR
$38.8B
| – | – |
-54,120
| Closed | -$3.04M |
|
879
Evergy
EVRG
$16.4B
| – | – |
-42,266
| Closed | -$2.66M |
|
880
East-West Bancorp
EWBC
$14.9B
| – | – |
-51,375
| Closed | -$3.39M |
|
881
Exelon
EXC
$43.5B
| – | – |
-342,339
| Closed | -$14.8M |
|
882
Exelixis
EXEL
$10.3B
| – | – |
-17,322
| Closed | -$278K |
|
883
First American
FAF
$6.8B
| – | – |
-6,960
| Closed | -$364K |
|
884
FirstEnergy
FE
$25B
| – | – |
-125,142
| Closed | -$5.25M |
|
885
Fifth Third Bancorp
FITB
$30.1B
| – | – |
-46,899
| Closed | -$1.54M |
|
886
Five Below
FIVE
$7.88B
| – | – |
-2,970
| Closed | -$525K |
|
887
GoDaddy
GDDY
$20.6B
| – | – |
-9,197
| Closed | -$688K |
|
888
Gaming and Leisure Properties
GLPI
$13.6B
| – | – |
-12,952
| Closed | -$675K |
|
889
GameStop
GME
$10.6B
| – | – |
-38,561
| Closed | -$712K |
|
890
Goldman Sachs
GS
$231B
| – | – |
-100,908
| Closed | -$34.6M |
|
891
Hasbro
HAS
$11B
| – | – |
-17,279
| Closed | -$1.05M |
|
892
Huntington Bancshares
HBAN
$25.7B
| – | – |
-470,184
| Closed | -$6.63M |
|
893
Hawaiian Electric Industries
HE
$2.05B
| – | – |
-25,250
| Closed | -$1.06M |
|
894
Horace Mann Educators
HMN
$1.89B
| – | – |
-28,753
| Closed | -$1.07M |
|
895
Robinhood
HOOD
$105B
| – | – |
-294,609
| Closed | -$2.4M |
|
896
IBM
IBM
$241B
| – | – |
-203,464
| Closed | -$28.7M |
|
897
Installed Building Products
IBP
$7.22B
| – | – |
-4,625
| Closed | -$396K |
|
898
Idacorp
IDA
$6.73B
| – | – |
-11,746
| Closed | -$1.27M |
|
899
iShares Core MSCI EAFE ETF
IEFA
$152B
| – | – |
-100,080
| Closed | -$6.17M |
|
900
Ingredion
INGR
$8.16B
| – | – |
-12,507
| Closed | -$1.22M |
|