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 |
PG&E
PCG
|
$38M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$37.4M |
| 3 |
CVS Health
CVS
|
$30.5M |
| 4 |
Cardinal Health
CAH
|
$29.1M |
| 5 |
CELG
Celgene Corp
CELG
|
$21.4M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.55B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$890M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$526M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$42.8M |
| 5 |
Kroger
KR
|
$42.3M |
Sector Composition
| 1 | Healthcare | 1.72% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.05% |
| 4 | Materials | 0.96% |
| 5 | Energy | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
BCE
BCE
$23.1B
| $4.07M | 0.03% |
84,392
-72,660
| -46% | -$3.5M |
|
102
Crown Holdings
CCK
$11B
| $4.05M | 0.03% |
+71,927
| New | +$4.05M |
|
103
Allstate
ALL
$53.1B
| $4.01M | 0.03% |
38,305
+25,151
| +191% | +$2.63M |
|
104
AvalonBay Communities
AVB
$27.8B
| $3.98M | 0.03% |
22,293
+10,828
| +94% | +$1.93M |
|
105
Ralph Lauren
RL
$18.9B
| $3.97M | 0.03% |
38,284
-62,226
| -62% | -$6.45M |
|
|
CA
106
DELISTED
CA, Inc.
CA
| $3.89M | 0.03% |
116,893
-102,733
| -47% | -$3.42M |
|
107
Southern Company
SO
$101B
| $3.81M | 0.03% |
+79,298
| New | +$3.81M |
|
108
Carnival Corp
CCL
$42.8B
| $3.79M | 0.03% |
57,144
-7,042
| -11% | -$467K |
|
109
Southwest Airlines
LUV
$16.5B
| $3.77M | 0.03% |
+57,647
| New | +$3.77M |
|
110
Franco-Nevada
FNV
$37.3B
| $3.77M | 0.03% |
47,045
-16,841
| -26% | -$1.35M |
|
111
Edwards Lifesciences
EW
$47.5B
| $3.7M | 0.03% |
98,496
-260,745
| -73% | -$9.79M |
|
112
Illinois Tool Works
ITW
$77.6B
| $3.66M | 0.03% |
21,940
+5,045
| +30% | +$842K |
|
113
Sherwin-Williams
SHW
$92.9B
| $3.59M | 0.03% |
26,253
+3,570
| +16% | +$488K |
|
114
3M
MMM
$82.7B
| $3.59M | 0.03% |
+18,227
| New | +$3.59M |
|
|
GG
115
DELISTED
Goldcorp Inc
GG
| $3.46M | 0.03% |
270,418
-66,858
| -20% | -$854K |
|
116
Las Vegas Sands
LVS
$36.9B
| $3.43M | 0.03% |
49,383
-12,158
| -20% | -$845K |
|
117
Agnico Eagle Mines
AEM
$76.3B
| $3.43M | 0.03% |
74,067
-20,484
| -22% | -$947K |
|
118
Rio Tinto
RIO
$104B
| $3.42M | 0.03% |
64,597
-9,783
| -13% | -$518K |
|
119
Sun Life Financial
SLF
$32.4B
| $3.4M | 0.03% |
82,129
-51,161
| -38% | -$2.12M |
|
120
American International
AIG
$43.9B
| $3.39M | 0.03% |
56,920
+49,342
| +651% | +$2.94M |
|
121
BHP
BHP
$138B
| $3.38M | 0.03% |
82,494
-11,438
| -12% | -$469K |
|
122
BP
BP
$87.4B
| $3.38M | 0.03% |
87,806
-19,299
| -18% | -$742K |
|
123
Canadian Pacific Kansas City
CP
$70.3B
| $3.37M | 0.03% |
91,785
-60,730
| -40% | -$2.23M |
|
124
Chevron
CVX
$310B
| $3.36M | 0.03% |
26,800
-4,498
| -14% | -$563K |
|
125
Exxon Mobil
XOM
$466B
| $3.34M | 0.03% |
39,874
-2,971
| -7% | -$248K |
|