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 |
Alphabet (Google) Class A
GOOGL
|
$162M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$161M |
| 3 |
Meta Platforms (Facebook)
META
|
$98.7M |
| 4 |
Microsoft
MSFT
|
$69.4M |
| 5 |
AbbVie
ABBV
|
$60.8M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$216M |
| 2 |
Pinduoduo
PDD
|
$114M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$111M |
| 4 |
Walmart
WMT
|
$108M |
| 5 |
Bank of America
BAC
|
$106M |
Sector Composition
| 1 | Consumer Staples | 28.45% |
| 2 | Healthcare | 21.25% |
| 3 | Consumer Discretionary | 10.73% |
| 4 | Financials | 6.5% |
| 5 | Communication Services | 4.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Air Products & Chemicals
APD
$64.5B
| $29.7M | 0.18% |
+103,283
| New | +$29.7M |
|
102
Darden Restaurants
DRI
$24.5B
| $29.3M | 0.18% |
189,002
-46,141
| -20% | -$7.16M |
|
103
Citigroup
C
$179B
| $29.2M | 0.18% |
623,040
-660,464
| -51% | -$31M |
|
104
Lufax Holding
LU
$2.57B
| $29.2M | 0.18% |
3,577,707
+1,901,142
| +113% | +$15.5M |
|
105
Baxter International
BAX
$12.1B
| $28.9M | 0.18% |
711,660
-39,724
| -5% | -$1.61M |
|
|
ONC
106
BeOne Medicines Ltd. American Depositary Shares
ONC
$35.1B
| $28.5M | 0.17% |
132,117
-56,248
| -30% | -$12.1M |
|
107
Lowe's Companies
LOW
$148B
| $28.4M | 0.17% |
+141,898
| New | +$28.4M |
|
|
SII
108
Sprott
SII
$1.72B
| $27.8M | 0.17% |
761,220
-793
| -0.1% | -$28.9K |
|
109
EOG Resources
EOG
$66.4B
| $27.4M | 0.17% |
239,252
+202,607
| +553% | +$23.2M |
|
110
Cboe Global Markets
CBOE
$24.5B
| $27.2M | 0.17% |
202,525
-249,483
| -55% | -$33.5M |
|
111
NIO
NIO
$13.8B
| $26.5M | 0.16% |
2,526,156
-1,721,751
| -41% | -$18.1M |
|
112
AutoZone
AZO
$70.8B
| $26.3M | 0.16% |
10,694
+5,127
| +92% | +$12.6M |
|
113
Zillow
Z
$20.3B
| $26.2M | 0.16% |
589,496
-535,056
| -48% | -$23.8M |
|
114
CoStar Group
CSGP
$37.7B
| $26.1M | 0.16% |
379,594
+5,917
| +2% | +$407K |
|
115
Steris
STE
$24B
| $24.9M | 0.15% |
130,232
+2,636
| +2% | +$504K |
|
116
ConocoPhillips
COP
$120B
| $24.4M | 0.15% |
245,596
-11,629
| -5% | -$1.15M |
|
117
Cooper Companies
COO
$13.5B
| $23.5M | 0.14% |
251,664
-29,636
| -11% | -$2.77M |
|
118
Agree Realty
ADC
$7.97B
| $23.5M | 0.14% |
342,252
+74,798
| +28% | +$5.13M |
|
119
Chevron
CVX
$318B
| $23.3M | 0.14% |
142,549
-170,267
| -54% | -$27.8M |
|
120
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.83B
| $23.1M | 0.14% |
1,190,328
-52,610
| -4% | -$1.02M |
|
121
Invitation Homes
INVH
$18.6B
| $22.8M | 0.14% |
730,950
-330,954
| -31% | -$10.3M |
|
122
United Parcel Service
UPS
$71.6B
| $22.8M | 0.14% |
+117,376
| New | +$22.8M |
|
123
Public Storage
PSA
$51.3B
| $22.6M | 0.14% |
74,926
-164,418
| -69% | -$49.7M |
|
124
Campbell Soup
CPB
$9.74B
| $22.2M | 0.14% |
404,657
-51,557
| -11% | -$2.83M |
|
125
TAL Education Group
TAL
$6.24B
| $22.1M | 0.14% |
3,452,546
+2,086,594
| +153% | +$13.4M |
|