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 |
Cleveland-Cliffs
CLF
|
$31.6M |
| 2 |
ENDP
Endo International plc
ENDP
|
$25.5M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$22.2M |
| 4 |
Devon Energy
DVN
|
$18.4M |
| 5 |
GE Aerospace
GE
|
$18M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.2B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$795M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$53.2M |
| 4 |
Apple
AAPL
|
$48.2M |
| 5 |
Microsoft
MSFT
|
$41.4M |
Sector Composition
| 1 | Energy | 2.89% |
| 2 | Consumer Discretionary | 2.25% |
| 3 | Materials | 2.16% |
| 4 | Healthcare | 2.09% |
| 5 | Technology | 1.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
76
The Gap, Inc.
GAP
$8.83B
| $6.75M | 0.08% |
278,000
-111,000
| -29% | -$2.7M |
|
77
Foot Locker
FL
$2.29B
| $6.64M | 0.08% |
88,686
-33,414
| -27% | -$2.5M |
|
78
TJX Companies
TJX
$155B
| $6.52M | 0.07% |
164,774
-14,908
| -8% | -$589K |
|
79
Imperial Oil
IMO
$44.4B
| $6.5M | 0.07% |
213,877
-302,273
| -59% | -$9.18M |
|
|
JCP
80
DELISTED
J.C. Penney Company, Inc.
JCP
| $6.45M | 0.07% |
1,047,139
-549,059
| -34% | -$3.38M |
|
81
PVH
PVH
$4.22B
| $6.44M | 0.07% |
62,242
-7,958
| -11% | -$823K |
|
82
Freeport-McMoran
FCX
$66.5B
| $6.13M | 0.07% |
458,486
-307,461
| -40% | -$4.11M |
|
83
Walmart
WMT
$801B
| $5.91M | 0.07% |
245,892
-373,308
| -60% | -$8.97M |
|
84
NetApp
NTAP
$23.7B
| $5.9M | 0.07% |
140,942
-59,978
| -30% | -$2.51M |
|
85
Microchip Technology
MCHP
$35.6B
| $5.72M | 0.06% |
154,918
-78,524
| -34% | -$2.9M |
|
|
KSU
86
DELISTED
Kansas City Southern
KSU
| $5.64M | 0.06% |
65,765
-15,680
| -19% | -$1.34M |
|
87
VeriSign
VRSN
$26.2B
| $5.52M | 0.06% |
63,346
-31,450
| -33% | -$2.74M |
|
88
Oracle
ORCL
$654B
| $5.46M | 0.06% |
122,290
-153,238
| -56% | -$6.84M |
|
89
W.W. Grainger
GWW
$47.5B
| $5.41M | 0.06% |
23,226
+12,026
| +107% | +$2.8M |
|
|
CELG
90
DELISTED
Celgene Corp
CELG
| $5.4M | 0.06% |
+43,412
| New | +$5.4M |
|
91
Darden Restaurants
DRI
$24.5B
| $5.37M | 0.06% |
64,214
+23,081
| +56% | +$1.93M |
|
92
Bristol-Myers Squibb
BMY
$96B
| $5.26M | 0.06% |
+96,670
| New | +$5.26M |
|
93
APA Corp
APA
$8.14B
| $5.06M | 0.06% |
98,500
+1,400
| +1% | +$71.9K |
|
|
CXO
94
DELISTED
CONCHO RESOURCES INC.
CXO
| $5.06M | 0.06% |
39,439
+2,601
| +7% | +$334K |
|
|
PX
95
DELISTED
Praxair Inc
PX
| $4.96M | 0.06% |
+41,800
| New | +$4.96M |
|
96
Fluor
FLR
$6.72B
| $4.81M | 0.05% |
+91,450
| New | +$4.81M |
|
97
Transocean
RIG
$2.9B
| $4.81M | 0.05% |
+386,224
| New | +$4.81M |
|
98
Northrop Grumman
NOC
$83.2B
| $4.76M | 0.05% |
19,996
+15,096
| +308% | +$3.59M |
|
99
Accenture
ACN
$159B
| $4.53M | 0.05% |
+37,774
| New | +$4.53M |
|
100
Royal Gold
RGLD
$12.2B
| $4.48M | 0.05% |
63,938
-13,962
| -18% | -$978K |
|