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 MSCI Emerging Markets ETF
IEMG
|
$967M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$412M |
| 3 |
SPDR Gold Trust
GLD
|
$403M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
$399M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
$169M |
Top Sells
| 1 |
iShares MSCI South Korea ETF
EWY
|
$92.6M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$28.5M |
| 3 |
SWN
Southwestern Energy Company
SWN
|
$26.3M |
| 4 |
CHK
Chesapeake Energy Corporation
CHK
|
$26.1M |
| 5 |
Intel
INTC
|
$23.2M |
Sector Composition
| 1 | Consumer Discretionary | 1.98% |
| 2 | Healthcare | 1.54% |
| 3 | Financials | 1.2% |
| 4 | Technology | 1.1% |
| 5 | Energy | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Canadian Imperial Bank of Commerce
CM
$73.6B
| $6.22M | 0.04% |
142,438
| – | – |
|
102
Cognizant
CTSH
$34.9B
| $6.22M | 0.04% |
+85,695
| New | +$6.22M |
|
103
Skyworks Solutions
SWKS
$11.1B
| $6.15M | 0.04% |
60,315
+36,342
| +152% | +$3.7M |
|
|
PARA
104
DELISTED
Paramount Global Class B
PARA
| $6.12M | 0.04% |
105,428
+83,893
| +390% | +$4.87M |
|
105
Caterpillar
CAT
$197B
| $6.02M | 0.04% |
+48,251
| New | +$6.02M |
|
106
Toll Brothers
TOL
$14B
| $5.8M | 0.04% |
139,790
+67,409
| +93% | +$2.8M |
|
107
American Tower
AMT
$91.4B
| $5.75M | 0.04% |
+42,067
| New | +$5.75M |
|
108
Equifax
EFX
$29.6B
| $5.75M | 0.04% |
54,250
+52,415
| +2,856% | +$5.56M |
|
109
Sun Life Financial
SLF
$32.5B
| $5.3M | 0.04% |
133,290
| – | – |
|
110
McKesson
MCK
$86B
| $5.28M | 0.04% |
34,346
-14,362
| -29% | -$2.21M |
|
111
VF Corp
VFC
$5.85B
| $5.17M | 0.03% |
+86,379
| New | +$5.17M |
|
112
Canadian Pacific Kansas City
CP
$70.5B
| $5.11M | 0.03% |
152,515
| – | – |
|
113
Franco-Nevada
FNV
$36.6B
| $4.94M | 0.03% |
63,886
-58,469
| -48% | -$4.52M |
|
114
Campbell Soup
CPB
$9.74B
| $4.92M | 0.03% |
105,111
+27,345
| +35% | +$1.28M |
|
115
NVIDIA
NVDA
$4.18T
| $4.78M | 0.03% |
+1,068,320
| New | +$4.78M |
|
116
Telus
TU
$25B
| $4.6M | 0.03% |
256,418
| – | – |
|
|
SCG
117
DELISTED
Scana
SCG
| $4.53M | 0.03% |
+93,475
| New | +$4.53M |
|
118
Cummins
CMI
$55.2B
| $4.52M | 0.03% |
+26,924
| New | +$4.52M |
|
119
Urban Outfitters
URBN
$6.4B
| $4.52M | 0.03% |
188,953
+47,889
| +34% | +$1.14M |
|
|
GG
120
DELISTED
Goldcorp Inc
GG
| $4.37M | 0.03% |
337,276
-20,872
| -6% | -$270K |
|
121
Agnico Eagle Mines
AEM
$74.5B
| $4.27M | 0.03% |
94,551
-7,441
| -7% | -$336K |
|
122
Magna International
MGA
$12.8B
| $4.24M | 0.03% |
79,682
| – | – |
|
|
B
123
Barrick Mining Corporation
B
$46.5B
| $4.15M | 0.03% |
258,611
| – | – |
|
124
Carnival Corp
CCL
$43.1B
| $4.14M | 0.03% |
64,186
-43,850
| -41% | -$2.83M |
|
125
Deere & Co
DE
$128B
| $4.02M | 0.03% |
32,041
+2,752
| +9% | +$346K |
|