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 |
Alibaba
BABA
|
$116M |
| 2 |
Procter & Gamble
PG
|
$82.1M |
| 3 |
PepsiCo
PEP
|
$64.7M |
| 4 |
Johnson & Johnson
JNJ
|
$58.8M |
| 5 |
McDonald's
MCD
|
$58.7M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$548M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$328M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$327M |
| 4 |
Walmart
WMT
|
$317M |
| 5 |
Danaher
DHR
|
$227M |
Sector Composition
| 1 | Consumer Staples | 28.01% |
| 2 | Consumer Discretionary | 17.74% |
| 3 | Healthcare | 17.12% |
| 4 | Industrials | 3.49% |
| 5 | Financials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
JPMorgan Chase
JPM
$824B
| $41.7M | 0.24% |
263,049
-361,008
| -58% | -$57.2M |
|
77
Darden Restaurants
DRI
$24.3B
| $40.8M | 0.24% |
270,840
+19,480
| +8% | +$2.93M |
|
78
Trip.com Group
TCOM
$46.6B
| $40.3M | 0.23% |
1,637,956
+317,957
| +24% | +$7.83M |
|
79
General Mills
GIS
$26.6B
| $39.7M | 0.23% |
589,334
+317,913
| +117% | +$21.4M |
|
80
PPG Industries
PPG
$24.6B
| $39.7M | 0.23% |
230,142
-133,412
| -37% | -$23M |
|
81
Old Dominion Freight Line
ODFL
$31.1B
| $39.5M | 0.23% |
220,386
-133,376
| -38% | -$23.9M |
|
82
Accenture
ACN
$158B
| $37.8M | 0.22% |
91,116
+74,271
| +441% | +$30.8M |
|
83
D.R. Horton
DHI
$51.3B
| $37.7M | 0.22% |
347,859
-209,306
| -38% | -$22.7M |
|
84
Sherwin-Williams
SHW
$90.5B
| $37.7M | 0.22% |
107,124
-49,450
| -32% | -$17.4M |
|
85
Kellanova
K
$27.5B
| $37.1M | 0.22% |
613,721
-94,251
| -13% | -$5.7M |
|
86
Labcorp
LH
$22.8B
| $37.1M | 0.22% |
137,381
+22,009
| +19% | +$5.94M |
|
87
Ford
F
$46.2B
| $35.6M | 0.21% |
1,713,110
-887,614
| -34% | -$18.4M |
|
88
ZTO Express
ZTO
$14.4B
| $35.1M | 0.2% |
1,243,859
+236,176
| +23% | +$6.66M |
|
89
Lennar Class A
LEN
$34.7B
| $34.7M | 0.2% |
308,774
-186,998
| -38% | -$21M |
|
90
Visa
V
$681B
| $34.6M | 0.2% |
159,695
+109,770
| +220% | +$23.8M |
|
91
Bilibili
BILI
$9.2B
| $34.3M | 0.2% |
739,746
+145,919
| +25% | +$6.77M |
|
92
Lufax Holding
LU
$2.66B
| $34.3M | 0.2% |
1,521,738
+244,245
| +19% | +$5.5M |
|
93
Wells Fargo
WFC
$258B
| $34.2M | 0.2% |
713,004
-964,254
| -57% | -$46.3M |
|
94
Eli Lilly
LLY
$661B
| $34M | 0.2% |
123,119
+76,737
| +165% | +$21.2M |
|
95
DuPont de Nemours
DD
$31.6B
| $33.8M | 0.2% |
418,205
-210,461
| -33% | -$17M |
|
96
Zimmer Biomet
ZBH
$20.8B
| $33.5M | 0.19% |
271,380
+44,978
| +20% | +$5.55M |
|
97
Morgan Stanley
MS
$237B
| $31.4M | 0.18% |
319,434
-431,488
| -57% | -$42.4M |
|
98
Thermo Fisher Scientific
TMO
$183B
| $31M | 0.18% |
46,516
+37,737
| +430% | +$25.2M |
|
99
lululemon athletica
LULU
$23.8B
| $30.6M | 0.18% |
78,204
-52,137
| -40% | -$20.4M |
|
100
Hormel Foods
HRL
$13.9B
| $30.5M | 0.18% |
625,779
-399,973
| -39% | -$19.5M |
|