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 Brazil ETF
EWZ
|
$94.7M |
| 2 |
B
Barrick Mining Corporation
B
|
$19.3M |
| 3 |
LyondellBasell Industries
LYB
|
$18.9M |
| 4 |
SPLS
Staples Inc
SPLS
|
$18.3M |
| 5 |
Johnson & Johnson
JNJ
|
$15.7M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$170M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$161M |
| 3 |
Micron Technology
MU
|
$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
$23.3M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$21.2M |
Sector Composition
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
McKesson
MCK
$86B
| $6.23M | 0.08% |
33,359
+20,359
| +157% | +$3.8M |
|
102
APA Corp
APA
$8.39B
| $6.17M | 0.08% |
110,900
-10,200
| -8% | -$568K |
|
103
International Paper
IP
$25.5B
| $6.17M | 0.08% |
153,658
+36,208
| +31% | +$1.45M |
|
104
Darden Restaurants
DRI
$24.5B
| $6.15M | 0.08% |
97,162
-40,739
| -30% | -$2.58M |
|
105
Eli Lilly
LLY
$666B
| $6.1M | 0.08% |
77,462
+2,340
| +3% | +$184K |
|
106
TE Connectivity
TEL
$61.6B
| $6.05M | 0.08% |
105,900
+12,669
| +14% | +$724K |
|
107
Carnival Corp
CCL
$43.1B
| $5.96M | 0.07% |
134,811
-34,038
| -20% | -$1.5M |
|
108
DaVita
DVA
$9.69B
| $5.87M | 0.07% |
75,970
+69,370
| +1,051% | +$5.36M |
|
109
Amgen
AMGN
$151B
| $5.83M | 0.07% |
+38,300
| New | +$5.83M |
|
110
S&P Global
SPGI
$165B
| $5.82M | 0.07% |
+54,243
| New | +$5.82M |
|
111
Mohawk Industries
MHK
$8.41B
| $5.8M | 0.07% |
30,557
+21,457
| +236% | +$4.07M |
|
112
TC Energy
TRP
$53.4B
| $5.8M | 0.07% |
+128,800
| New | +$5.8M |
|
113
General Dynamics
GD
$86.7B
| $5.79M | 0.07% |
41,600
-90,102
| -68% | -$12.5M |
|
114
Martin Marietta Materials
MLM
$37.3B
| $5.78M | 0.07% |
30,089
+24,489
| +437% | +$4.7M |
|
115
Cenovus Energy
CVE
$29.7B
| $5.75M | 0.07% |
418,200
+151,900
| +57% | +$2.09M |
|
116
Masco
MAS
$15.5B
| $5.74M | 0.07% |
185,415
+43,400
| +31% | +$1.34M |
|
117
TechnipFMC
FTI
$16.3B
| $5.71M | 0.07% |
287,616
-3,349
| -1% | -$66.5K |
|
118
Yum! Brands
YUM
$39.9B
| $5.67M | 0.07% |
95,154
-61,482
| -39% | -$3.66M |
|
119
Elevance Health
ELV
$69.4B
| $5.65M | 0.07% |
43,000
+24,100
| +128% | +$3.17M |
|
120
Whirlpool
WHR
$5.14B
| $5.63M | 0.07% |
33,800
+31,732
| +1,534% | +$5.29M |
|
121
BorgWarner
BWA
$9.49B
| $5.57M | 0.07% |
214,188
+108,091
| +102% | +$2.81M |
|
122
Devon Energy
DVN
$22.6B
| $5.49M | 0.07% |
151,500
-15,000
| -9% | -$544K |
|
|
HES
123
DELISTED
Hess
HES
| $5.46M | 0.07% |
90,800
-11,700
| -11% | -$703K |
|
124
Textron
TXT
$14.5B
| $5.44M | 0.07% |
148,800
-54,612
| -27% | -$2M |
|
125
Intuit
INTU
$186B
| $5.43M | 0.07% |
48,611
-2,500
| -5% | -$279K |
|