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 Emerging Markets ETF
EEM
|
$905M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$588M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$579M |
| 4 |
Alibaba
BABA
|
$277M |
| 5 |
SPDR Gold Trust
GLD
|
$127M |
Top Sells
| 1 |
Danaher
DHR
|
$46.9M |
| 2 |
Linde
LIN
|
$29.9M |
| 3 |
Microsoft
MSFT
|
$27.5M |
| 4 |
Walmart
WMT
|
$27.4M |
| 5 |
Deere & Co
DE
|
$26.6M |
Sector Composition
| 1 | Consumer Staples | 24.28% |
| 2 | Consumer Discretionary | 16.94% |
| 3 | Healthcare | 15.14% |
| 4 | Financials | 5.71% |
| 5 | Industrials | 3.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
KE Holdings
BEKE
$22B
| $33.7M | 0.18% |
1,843,105
+855,248
| +87% | +$15.6M |
|
102
PNC Financial Services
PNC
$81.4B
| $32.8M | 0.18% |
167,577
+23,491
| +16% | +$4.6M |
|
103
International Flavors & Fragrances
IFF
$16.7B
| $32.2M | 0.18% |
240,796
-3,519
| -1% | -$471K |
|
104
Zimmer Biomet
ZBH
$20.8B
| $32.2M | 0.18% |
226,402
+6,441
| +3% | +$915K |
|
105
CarMax
KMX
$9.06B
| $31.8M | 0.17% |
248,159
+73,677
| +42% | +$9.43M |
|
106
McKesson
MCK
$86.3B
| $31.6M | 0.17% |
158,272
+23,934
| +18% | +$4.77M |
|
107
Truist Financial
TFC
$60.1B
| $30.9M | 0.17% |
527,460
+70,091
| +15% | +$4.11M |
|
108
ZTO Express
ZTO
$14.5B
| $30.9M | 0.17% |
1,007,683
+404,911
| +67% | +$12.4M |
|
109
GoodRx Holdings
GDRX
$1.47B
| $28.3M | 0.16% |
690,883
-20,795
| -3% | -$853K |
|
110
Labcorp
LH
$22.8B
| $27.9M | 0.15% |
115,372
+18,608
| +19% | +$4.5M |
|
111
iShares MSCI Mexico ETF
EWW
$1.81B
| $27.7M | 0.15% |
574,593
+444,532
| +342% | +$21.5M |
|
112
JB Hunt Transport Services
JBHT
$13.9B
| $27.1M | 0.15% |
161,922
+47,053
| +41% | +$7.87M |
|
113
Aon
AON
$80.3B
| $26.4M | 0.14% |
92,438
+12,517
| +16% | +$3.58M |
|
114
NVR
NVR
$23.1B
| $26.3M | 0.14% |
5,480
+1,410
| +35% | +$6.76M |
|
115
Genuine Parts
GPC
$19.6B
| $25.8M | 0.14% |
213,006
+59,669
| +39% | +$7.23M |
|
116
Pool Corp
POOL
$11.8B
| $25.7M | 0.14% |
59,057
+24,591
| +71% | +$10.7M |
|
117
Cencora
COR
$57.2B
| $25.5M | 0.14% |
213,747
-620
| -0.3% | -$74.1K |
|
118
Celanese
CE
$4.97B
| $25.4M | 0.14% |
168,739
+58,375
| +53% | +$8.79M |
|
119
J.M. Smucker
SJM
$11.9B
| $24.3M | 0.13% |
202,228
+3,629
| +2% | +$436K |
|
120
Steris
STE
$23.9B
| $23.1M | 0.13% |
113,178
+5,395
| +5% | +$1.1M |
|
121
General Motors
GM
$55.4B
| $22.6M | 0.12% |
428,031
+108,057
| +34% | +$5.7M |
|
122
LKQ Corp
LKQ
$8.3B
| $22.2M | 0.12% |
440,283
+121,462
| +38% | +$6.11M |
|
123
GDS Holdings
GDS
$6.23B
| $21.8M | 0.12% |
385,757
+155,332
| +67% | +$8.79M |
|
124
Cooper Companies
COO
$13.3B
| $21.3M | 0.12% |
206,140
+8,604
| +4% | +$889K |
|
125
Hologic
HOLX
$14.6B
| $21.1M | 0.12% |
286,082
-23,667
| -8% | -$1.75M |
|