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 MSCI Taiwan ETF
EWT
|
$145M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$137M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$77M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$43.6M |
| 5 |
DaVita
DVA
|
$35.1M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 4.52% |
| 2 | Healthcare | 3.3% |
| 3 | Financials | 3.21% |
| 4 | Energy | 2.63% |
| 5 | Communication Services | 1.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
International Paper
IP
$26.2B
| $15.4M | 0.14% | 367,565 -144,614 | -28% | -$6.05M |
|
77
Brookfield
BN
$98.3B
| $14.9M | 0.13% | 281,063 | – | – |
|
78
Altria Group
MO
$113B
| $14.1M | 0.12% | 344,301 +189,826 | +123% | +$7.76M |
|
79
NetEase
NTES
$86.2B
| $13.9M | 0.12% | 52,111 -29 | -0.1% | -$7.72K |
|
|
DISCA
80
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $13.6M | 0.12% | 510,926 +205,680 | +67% | +$5.48M |
|
81
JD.com
JD
$44.1B
| $13.4M | 0.12% | 474,053 -15,476 | -3% | -$437K |
|
82
CVS Health
CVS
$92.8B
| $13.2M | 0.12% | 210,030 -236,951 | -53% | -$14.9M |
|
83
Coterra Energy
CTRA
$18.7B
| $13.2M | 0.12% | 752,009 +275,324 | +58% | +$4.84M |
|
84
Franklin Resources
BEN
$13.3B
| $13M | 0.11% | +451,521 | New | +$13M |
|
85
BCE
BCE
$23.3B
| $12.6M | 0.11% | 260,225 | – | – |
|
86
Canadian Natural Resources
CNQ
$65.9B
| $12.5M | 0.11% | 471,003 -3,104 | -0.7% | -$82.6K |
|
87
BorgWarner
BWA
$9.25B
| $12.3M | 0.11% | 336,588 +44,837 | +15% | +$1.64M |
|
88
Canadian Imperial Bank of Commerce
CM
$71.8B
| $11.4M | 0.1% | 138,276 | – | – |
|
89
HF Sinclair
DINO
$9.52B
| $11.4M | 0.1% | 211,860 -25,647 | -11% | -$1.38M |
|
90
CF Industries
CF
$14B
| $11.2M | 0.1% | +228,328 | New | +$11.2M |
|
91
Baidu
BIDU
$32.8B
| $11.2M | 0.1% | 109,187 +5,359 | +5% | +$551K |
|
92
Bristol-Myers Squibb
BMY
$96B
| $11.1M | 0.1% | +219,568 | New | +$11.1M |
|
93
Manulife Financial
MFC
$52.2B
| $11.1M | 0.1% | 606,507 | – | – |
|
94
Intel
INTC
$107B
| $11.1M | 0.1% | 215,421 -364,363 | -63% | -$18.8M |
|
95
Occidental Petroleum
OXY
$46.9B
| $11M | 0.1% | 248,349 -83,075 | -25% | -$3.69M |
|
96
Eastman Chemical
EMN
$8.08B
| $10.8M | 0.1% | 146,921 -151,260 | -51% | -$11.2M |
|
97
Canadian Pacific Kansas City
CP
$69.9B
| $10.8M | 0.09% | 48,517 | – | – |
|
98
Marathon Petroleum
MPC
$54.6B
| $10.7M | 0.09% | 176,371 +50,197 | +40% | +$3.05M |
|
|
MRO
99
DELISTED
Marathon Oil Corporation
MRO
| $10.7M | 0.09% | 872,994 +87,651 | +11% | +$1.08M |
|
100
UnitedHealth
UNH
$281B
| $10.7M | 0.09% | 49,256 +25,789 | +110% | +$5.6M |
|