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 S&P 500 ETF
IVV
|
$218M |
| 2 |
CVS Health
CVS
|
$179M |
| 3 |
Mastercard
MA
|
$142M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$103M |
| 5 |
Meta Platforms (Facebook)
META
|
$92.8M |
Top Sells
| 1 |
Alibaba
BABA
|
$814M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$729M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$303M |
| 4 |
SPDR Gold Trust
GLD
|
$135M |
| 5 |
JD.com
JD
|
$124M |
Sector Composition
| 1 | Consumer Staples | 25.98% |
| 2 | Healthcare | 19.03% |
| 3 | Consumer Discretionary | 12.6% |
| 4 | Financials | 7.27% |
| 5 | Communication Services | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Cencora
COR
$57.2B
| $49.3M | 0.21% |
348,306
+99,409
| +40% | +$14.1M |
|
102
Micron Technology
MU
$133B
| $49M | 0.21% |
885,780
+326,466
| +58% | +$18M |
|
103
Idexx Laboratories
IDXX
$50.7B
| $48.1M | 0.2% |
137,201
-2,240
| -2% | -$786K |
|
104
DexCom
DXCM
$30.9B
| $47.2M | 0.2% |
633,054
+487,813
| +336% | +$3.88M |
|
105
Restaurant Brands International
QSR
$20.5B
| $46M | 0.19% |
918,036
+35,329
| +4% | +$1.77M |
|
106
Advanced Micro Devices
AMD
$263B
| $45.1M | 0.19% |
590,316
+443,214
| +301% | +$33.9M |
|
107
Hormel Foods
HRL
$13.9B
| $44.8M | 0.19% |
945,616
+72,232
| +8% | +$3.42M |
|
108
Hologic
HOLX
$14.7B
| $44.3M | 0.19% |
638,634
+246,407
| +63% | +$17.1M |
|
109
IBM
IBM
$227B
| $44.2M | 0.19% |
312,891
-63,262
| -17% | -$8.93M |
|
110
Regeneron Pharmaceuticals
REGN
$59.8B
| $43.7M | 0.19% |
73,900
+68,448
| +1,255% | +$40.5M |
|
111
Darden Restaurants
DRI
$24.3B
| $43.7M | 0.19% |
386,021
+28,252
| +8% | +$3.2M |
|
112
Caterpillar
CAT
$194B
| $42.1M | 0.18% |
235,722
+60,535
| +35% | +$10.8M |
|
113
D.R. Horton
DHI
$51.3B
| $41.7M | 0.18% |
630,342
+375,138
| +147% | +$24.8M |
|
114
Clorox
CLX
$15B
| $41.6M | 0.18% |
295,162
-16,876
| -5% | -$2.38M |
|
115
Zimmer Biomet
ZBH
$20.8B
| $41.4M | 0.18% |
393,756
-20,154
| -5% | -$2.12M |
|
116
Labcorp
LH
$22.8B
| $41.1M | 0.17% |
175,423
+15,322
| +10% | +$3.59M |
|
117
American Homes 4 Rent
AMH
$12.9B
| $40.2M | 0.17% |
1,133,833
+842,906
| +290% | +$29.9M |
|
118
Progressive
PGR
$145B
| $39.8M | 0.17% |
342,482
+139,597
| +69% | +$16.2M |
|
119
Wells Fargo
WFC
$258B
| $39.8M | 0.17% |
1,015,924
+216,926
| +27% | +$8.5M |
|
120
Lennar Class A
LEN
$34.7B
| $39.6M | 0.17% |
561,608
+303,715
| +118% | +$21.4M |
|
121
Schlumberger
SLB
$52.2B
| $38.9M | 0.16% |
1,086,420
+684,443
| +170% | +$24.5M |
|
122
Align Technology
ALGN
$9.59B
| $38.7M | 0.16% |
163,307
+47,669
| +41% | +$11.3M |
|
123
J.M. Smucker
SJM
$12B
| $38.6M | 0.16% |
301,693
+25,531
| +9% | +$3.27M |
|
124
Zillow
Z
$20.2B
| $38.6M | 0.16% |
1,215,164
+1,080,700
| +804% | +$34.3M |
|
125
GE Aerospace
GE
$293B
| $38.6M | 0.16% |
605,715
+182,817
| +43% | +$11.6M |
|