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 |
SPDR S&P 500 ETF Trust
SPY
|
$457M |
| 2 |
SPDR Gold Trust
GLD
|
$235M |
| 3 |
iShares China Large-Cap ETF
FXI
|
$166M |
| 4 |
Alibaba
BABA
|
$145M |
| 5 |
iShares MSCI China ETF
MCHI
|
$125M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 9.21% |
| 2 | Communication Services | 2.72% |
| 3 | Industrials | 2.14% |
| 4 | Technology | 1.45% |
| 5 | Consumer Staples | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Lennox International
LII
$19.6B
| $2.06M | 0.03% | 8,832 -600 | -6% | -$140K |
|
102
Fortune Brands Innovations
FBIN
$7.02B
| $2.03M | 0.03% | 31,805 -2,534 | -7% | -$162K |
|
103
T-Mobile US
TMUS
$284B
| $2.02M | 0.03% | 19,348 -12,121 | -39% | -$1.26M |
|
104
Albemarle
ALB
$9.99B
| $1.89M | 0.03% | 24,522 -1,452 | -6% | -$112K |
|
105
Northrop Grumman
NOC
$84.5B
| $1.87M | 0.03% | 6,081 -3,086 | -34% | -$949K |
|
106
Humana
HUM
$36.5B
| $1.87M | 0.03% | 4,812 -2,455 | -34% | -$952K |
|
107
Whirlpool
WHR
$5.21B
| $1.85M | 0.03% | 14,294 -1,196 | -8% | -$155K |
|
108
LKQ Corp
LKQ
$8.39B
| $1.84M | 0.03% | 70,077 -5,466 | -7% | -$143K |
|
109
Packaging Corp of America
PKG
$19.6B
| $1.83M | 0.03% | 18,296 +15,964 | +685% | +$1.59M |
|
110
Ford
F
$46.8B
| $1.83M | 0.03% | 300,210 -37,721 | -11% | -$229K |
|
111
Guidewire Software
GWRE
$18.3B
| $1.78M | 0.03% | +16,061 | New | +$1.78M |
|
112
Union Pacific
UNP
$133B
| $1.77M | 0.03% | +10,447 | New | +$1.77M |
|
113
ServiceNow
NOW
$190B
| $1.76M | 0.03% | 4,346 +2,816 | +184% | +$1.14M |
|
|
ZNGA
114
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $1.76M | 0.03% | 184,360 +160,950 | +688% | +$1.54M |
|
115
A.O. Smith
AOS
$9.99B
| $1.75M | 0.03% | 37,176 -2,814 | -7% | -$133K |
|
116
Crown Castle
CCI
$43.2B
| $1.72M | 0.03% | 10,267 -5,940 | -37% | -$994K |
|
117
Progressive
PGR
$145B
| $1.71M | 0.03% | 21,304 -10,705 | -33% | -$858K |
|
118
TJX Companies
TJX
$152B
| $1.69M | 0.03% | 33,486 -19,160 | -36% | -$969K |
|
119
BorgWarner
BWA
$9.25B
| $1.69M | 0.03% | 47,798 -3,037 | -6% | -$107K |
|
120
Mohawk Industries
MHK
$8.24B
| $1.67M | 0.03% | 16,431 -1,213 | -7% | -$123K |
|
121
Target
TGT
$43.6B
| $1.66M | 0.03% | 13,831 -8,725 | -39% | -$1.05M |
|
122
Knight Transportation
KNX
$7.13B
| $1.63M | 0.03% | 39,144 -1,154 | -3% | -$48.1K |
|
123
Waste Management
WM
$91.2B
| $1.63M | 0.03% | 15,360 -7,928 | -34% | -$840K |
|
124
C.H. Robinson
CHRW
$15.2B
| $1.6M | 0.03% | +20,171 | New | +$1.6M |
|
125
General Dynamics
GD
$87.3B
| $1.56M | 0.03% | 10,443 -5,449 | -34% | -$815K |
|