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 |
Alibaba
BABA
|
$116M |
| 2 |
Procter & Gamble
PG
|
$82.1M |
| 3 |
PepsiCo
PEP
|
$64.7M |
| 4 |
Johnson & Johnson
JNJ
|
$58.8M |
| 5 |
McDonald's
MCD
|
$58.7M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$548M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$328M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$327M |
| 4 |
Walmart
WMT
|
$317M |
| 5 |
Danaher
DHR
|
$227M |
Sector Composition
| 1 | Consumer Staples | 28.01% |
| 2 | Consumer Discretionary | 17.74% |
| 3 | Healthcare | 17.12% |
| 4 | Industrials | 3.49% |
| 5 | Financials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Merck
MRK
$210B
| $29.9M | 0.17% |
390,342
+251,339
| +181% | +$19.3M |
|
102
Steris
STE
$23.9B
| $29.9M | 0.17% |
122,721
+9,543
| +8% | +$2.32M |
|
103
VF Corp
VFC
$5.79B
| $28.6M | 0.17% |
390,923
-201,374
| -34% | -$14.7M |
|
104
J.M. Smucker
SJM
$12B
| $28.5M | 0.17% |
209,855
+7,627
| +4% | +$1.04M |
|
105
Charles Schwab
SCHW
$175B
| $28M | 0.16% |
333,322
-423,913
| -56% | -$35.7M |
|
106
Teladoc Health
TDOC
$1.37B
| $27.7M | 0.16% |
301,392
+31,202
| +12% | +$2.86M |
|
107
Carrier Global
CARR
$53.2B
| $27.6M | 0.16% |
509,125
-173,088
| -25% | -$9.39M |
|
108
Tesla
TSLA
$1.08T
| $26.9M | 0.16% |
76,464
-116,934
| -60% | -$41.2M |
|
109
iShares MSCI Mexico ETF
EWW
$1.81B
| $26.8M | 0.16% |
529,074
-45,519
| -8% | -$2.3M |
|
110
Albemarle
ALB
$9.43B
| $26.1M | 0.15% |
111,616
-58,349
| -34% | -$13.6M |
|
111
Cooper Companies
COO
$13.3B
| $25.1M | 0.15% |
239,508
+33,368
| +16% | +$3.49M |
|
112
Blackrock
BLK
$170B
| $25M | 0.15% |
27,335
-33,195
| -55% | -$30.4M |
|
113
Philip Morris
PM
$254B
| $25M | 0.15% |
262,893
+190,756
| +264% | +$18.1M |
|
114
Quest Diagnostics
DGX
$20.1B
| $24.5M | 0.14% |
141,406
+8,794
| +7% | +$1.52M |
|
115
Cencora
COR
$57.2B
| $24.1M | 0.14% |
181,005
-32,742
| -15% | -$4.35M |
|
116
Goldman Sachs
GS
$221B
| $23.7M | 0.14% |
61,950
-78,939
| -56% | -$30.2M |
|
117
Hologic
HOLX
$14.7B
| $23.1M | 0.13% |
302,210
+16,128
| +6% | +$1.23M |
|
118
CarMax
KMX
$9.04B
| $22.6M | 0.13% |
173,223
-74,936
| -30% | -$9.76M |
|
119
GDS Holdings
GDS
$6.54B
| $22.4M | 0.13% |
475,940
+90,183
| +23% | +$4.25M |
|
120
Pool Corp
POOL
$11.4B
| $22M | 0.13% |
38,793
-20,264
| -34% | -$11.5M |
|
121
Honeywell
HON
$136B
| $21.5M | 0.13% |
103,097
+95,416
| +1,242% | +$19.9M |
|
122
Citigroup
C
$175B
| $21.3M | 0.12% |
353,106
-444,862
| -56% | -$26.9M |
|
123
International Flavors & Fragrances
IFF
$16.8B
| $21.1M | 0.12% |
140,114
-100,682
| -42% | -$15.2M |
|
124
JB Hunt Transport Services
JBHT
$14.1B
| $20.8M | 0.12% |
101,988
-59,934
| -37% | -$12.3M |
|
125
NVR
NVR
$22.6B
| $20.8M | 0.12% |
3,527
-1,953
| -36% | -$11.5M |
|