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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$422M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$187M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$93.4M |
| 4 |
Molson Coors Class B
TAP
|
$27.4M |
| 5 |
UnitedHealth
UNH
|
$26.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$176M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$46.5M |
| 3 |
Bristol-Myers Squibb
BMY
|
$21.1M |
| 4 |
Intel
INTC
|
$20.7M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$20.3M |
Sector Composition
| 1 | Energy | 2.75% |
| 2 | Technology | 2.62% |
| 3 | Consumer Discretionary | 2.44% |
| 4 | Financials | 1.98% |
| 5 | Healthcare | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Constellation Brands
STZ
$25.7B
| $9.8M | 0.09% |
63,913
+45,000
| +238% | +$6.9M |
|
|
TIF
77
DELISTED
Tiffany & Co.
TIF
| $9.61M | 0.09% |
124,113
+52,909
| +74% | +$4.1M |
|
78
McKesson
MCK
$86B
| $9.52M | 0.09% |
67,759
+26,400
| +64% | +$3.71M |
|
79
Wheaton Precious Metals
WPM
$46.6B
| $9.39M | 0.09% |
485,894
+118,020
| +32% | +$2.28M |
|
|
SPLS
80
DELISTED
Staples Inc
SPLS
| $9.25M | 0.09% |
1,022,302
-43,123
| -4% | -$390K |
|
81
Pfizer
PFE
$140B
| $9.17M | 0.09% |
297,439
-362,722
| -55% | -$11.2M |
|
|
TFCFA
82
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $9.05M | 0.09% |
322,600
-53,700
| -14% | -$1.51M |
|
83
Salesforce
CRM
$233B
| $8.94M | 0.08% |
+130,584
| New | +$8.94M |
|
84
Cardinal Health
CAH
$35.7B
| $8.92M | 0.08% |
124,000
+26,743
| +27% | +$1.92M |
|
85
Eli Lilly
LLY
$666B
| $8.78M | 0.08% |
119,400
+99,519
| +501% | +$7.32M |
|
86
Illinois Tool Works
ITW
$77.4B
| $8.78M | 0.08% |
71,706
+40,001
| +126% | +$4.9M |
|
|
GAP
87
The Gap, Inc.
GAP
$8.88B
| $8.73M | 0.08% |
389,000
-76,605
| -16% | -$1.72M |
|
88
Campbell Soup
CPB
$9.74B
| $8.66M | 0.08% |
143,192
-151,930
| -51% | -$9.19M |
|
89
Foot Locker
FL
$2.3B
| $8.66M | 0.08% |
122,100
-35,056
| -22% | -$2.49M |
|
90
T Rowe Price
TROW
$24.5B
| $8.64M | 0.08% |
114,738
+17,538
| +18% | +$1.32M |
|
|
SGEN
91
DELISTED
Seagen Inc. Common Stock
SGEN
| $8.61M | 0.08% |
+163,107
| New | +$8.61M |
|
92
CVS Health
CVS
$93.5B
| $8.6M | 0.08% |
+109,013
| New | +$8.6M |
|
93
Tapestry
TPR
$22B
| $8.43M | 0.08% |
240,695
+194,995
| +427% | +$6.83M |
|
94
Exelon
EXC
$43.8B
| $8.12M | 0.08% |
320,637
+181,839
| +131% | +$4.6M |
|
95
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $8.04M | 0.08% |
92,900
-1,500
| -2% | -$130K |
|
|
GOLD
96
DELISTED
Randgold Resources Ltd
GOLD
| $8.01M | 0.08% |
104,981
+27,000
| +35% | +$2.06M |
|
97
LyondellBasell Industries
LYB
$17.5B
| $7.9M | 0.08% |
92,098
-71,300
| -44% | -$6.12M |
|
98
Aon
AON
$80.5B
| $7.86M | 0.07% |
70,501
+59,932
| +567% | +$6.68M |
|
99
Cenovus Energy
CVE
$29.7B
| $7.86M | 0.07% |
519,297
+12,000
| +2% | +$182K |
|
|
PXD
100
DELISTED
Pioneer Natural Resource Co.
PXD
| $7.71M | 0.07% |
42,800
-5,400
| -11% | -$972K |
|