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
|
+$352M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$166M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$143M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$63.7M |
| 5 |
Bread Financial
BFH
|
+$59.9M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$131M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$85.8M |
| 3 |
iShares MSCI Taiwan ETF
EWT
|
+$37M |
| 4 |
Toll Brothers
TOL
|
+$34.5M |
| 5 |
NFX
Newfield Exploration
NFX
|
+$24.9M |
Sector Composition
| 1 | Financials | 5.64% |
| 2 | Consumer Discretionary | 4.56% |
| 3 | Energy | 3.53% |
| 4 | Healthcare | 2.96% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Cummins
CMI
$56.6B
| $18.3M | 0.17% |
137,080
+29,855
| +28% | +$3.99M |
|
77
IBM
IBM
$240B
| $17.6M | 0.16% |
162,204
+94,687
| +140% | +$10.3M |
|
78
Capri Holdings
CPRI
$2.51B
| $17.4M | 0.16% |
459,987
+298,817
| +185% | +$11.3M |
|
79
GameStop
GME
$11.4B
| $17.2M | 0.16% |
5,448,440
+1,187,124
| +28% | +$3.75M |
|
80
Cencora
COR
$57.4B
| $17.1M | 0.16% |
+229,301
| New | +$17.1M |
|
81
Bank of Montreal
BMO
$90.6B
| $16.9M | 0.15% |
258,308
-51,024
| -16% | -$3.33M |
|
82
Akamai
AKAM
$11B
| $16.8M | 0.15% |
275,272
+202,270
| +277% | +$12.4M |
|
83
Masco
MAS
$15.3B
| $16.8M | 0.15% |
+574,409
| New | +$16.8M |
|
84
Applied Materials
AMAT
$135B
| $16.6M | 0.15% |
506,450
-62,499
| -11% | -$2.05M |
|
85
Southwest Airlines
LUV
$16.5B
| $15.4M | 0.14% |
331,986
+283,558
| +586% | +$13.2M |
|
86
Meta Platforms (Facebook)
META
$1.9T
| $15.4M | 0.14% |
117,479
+108,059
| +1,147% | +$14.2M |
|
87
Macy's
M
$4.53B
| $15.2M | 0.14% |
509,161
+265,312
| +109% | +$7.9M |
|
88
Booking.com
BKNG
$178B
| $14.7M | 0.13% |
8,562
+7,555
| +750% | +$13M |
|
89
Host Hotels & Resorts
HST
$12B
| $14.7M | 0.13% |
880,227
+851,487
| +2,963% | +$14.2M |
|
90
Marathon Petroleum
MPC
$54.8B
| $14.6M | 0.13% |
247,035
+176,653
| +251% | +$10.4M |
|
91
Biogen
BIIB
$20.9B
| $13.8M | 0.13% |
45,895
+25,463
| +125% | +$7.66M |
|
92
TC Energy
TRP
$54.2B
| $13.7M | 0.13% |
384,564
-73,215
| -16% | -$2.61M |
|
93
Canadian Natural Resources
CNQ
$65.6B
| $13.5M | 0.12% |
1,146,089
-172,298
| -13% | -$2.03M |
|
94
Kohl's
KSS
$1.72B
| $13.4M | 0.12% |
201,961
+41,760
| +26% | +$2.77M |
|
95
Brookfield
BN
$102B
| $13.2M | 0.12% |
643,048
-132,236
| -17% | -$2.71M |
|
96
BCE
BCE
$22B
| $13M | 0.12% |
328,686
-69,473
| -17% | -$2.74M |
|
97
Oracle
ORCL
$862B
| $12.9M | 0.12% |
286,448
+246,834
| +623% | +$11.1M |
|
98
Canadian Imperial Bank of Commerce
CM
$73.6B
| $12.8M | 0.12% |
344,078
-70,256
| -17% | -$2.62M |
|
99
Murphy Oil
MUR
$3.68B
| $12.6M | 0.11% |
536,962
+446,371
| +493% | +$10.4M |
|
100
Alibaba
BABA
$377B
| $12.3M | 0.11% |
89,945
+4,667
| +5% | +$640K |
|