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 |
Eli Lilly
LLY
|
$149M |
| 2 |
NVIDIA
NVDA
|
$109M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$96.2M |
| 4 |
Comcast
CMCSA
|
$72.7M |
| 5 |
Progressive
PGR
|
$70.4M |
Top Sells
| 1 |
Costco
COST
|
$92.8M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$82.1M |
| 3 |
Coca-Cola
KO
|
$58.5M |
| 4 |
Broadcom
AVGO
|
$58.3M |
| 5 |
Lam Research
LRCX
|
$51M |
Sector Composition
| 1 | Consumer Staples | 23.84% |
| 2 | Healthcare | 20.59% |
| 3 | Consumer Discretionary | 12.23% |
| 4 | Financials | 6.67% |
| 5 | Communication Services | 5.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
eBay
EBAY
$42.2B
| $31.1M | 0.17% |
712,342
+58,023
| +9% | +$2.53M |
|
102
Hologic
HOLX
$14.6B
| $30.3M | 0.17% |
424,336
-96,857
| -19% | -$6.92M |
|
103
O'Reilly Automotive
ORLY
$88.7B
| $28.7M | 0.16% |
453,270
+104,565
| +30% | +$6.62M |
|
104
Molson Coors Class B
TAP
$9.83B
| $28.5M | 0.16% |
465,219
+97,900
| +27% | +$5.99M |
|
105
Quest Diagnostics
DGX
$20.1B
| $27.8M | 0.16% |
201,600
-44,452
| -18% | -$6.13M |
|
106
Citigroup
C
$177B
| $27.8M | 0.16% |
540,201
-549,811
| -50% | -$28.3M |
|
107
ResMed
RMD
$39.7B
| $27.3M | 0.15% |
158,526
-71,997
| -31% | -$12.4M |
|
108
Wells Fargo
WFC
$261B
| $26.2M | 0.15% |
+531,798
| New | +$26.2M |
|
109
Warner Music
WMG
$17.1B
| $25.7M | 0.14% |
717,329
-36,240
| -5% | -$1.3M |
|
110
PG&E
PCG
$33.3B
| $25.4M | 0.14% |
1,407,357
+727,459
| +107% | +$13.1M |
|
|
SII
111
Sprott
SII
$1.71B
| $25.4M | 0.14% |
744,859
-477
| -0.1% | -$16.2K |
|
112
Brown-Forman Class B
BF.B
$13.4B
| $25.1M | 0.14% |
440,186
-135,896
| -24% | -$7.76M |
|
113
Halliburton
HAL
$19B
| $24.9M | 0.14% |
688,476
+423,499
| +160% | +$15.3M |
|
114
Centene
CNC
$13.9B
| $24.8M | 0.14% |
333,778
+124,901
| +60% | +$9.27M |
|
115
Builders FirstSource
BLDR
$15.6B
| $24.4M | 0.14% |
146,372
+2,557
| +2% | +$427K |
|
116
Clorox
CLX
$15.1B
| $24.3M | 0.14% |
170,179
+4,173
| +3% | +$595K |
|
117
Baxter International
BAX
$12.1B
| $24.2M | 0.14% |
626,423
-72,232
| -10% | -$2.79M |
|
118
EQT Corp
EQT
$31.9B
| $24.1M | 0.14% |
623,751
-52,924
| -8% | -$2.05M |
|
119
Darden Restaurants
DRI
$24.4B
| $24.1M | 0.13% |
146,627
-31,728
| -18% | -$5.21M |
|
120
NIO
NIO
$13.5B
| $23.9M | 0.13% |
2,632,898
-340,940
| -11% | -$3.09M |
|
121
Delta Air Lines
DAL
$40.4B
| $23.8M | 0.13% |
+592,061
| New | +$23.8M |
|
|
MRO
122
DELISTED
Marathon Oil Corporation
MRO
| $23.5M | 0.13% |
970,795
+365,684
| +60% | +$8.83M |
|
123
Universal Health Services
UHS
$11.8B
| $23.4M | 0.13% |
153,771
-11,211
| -7% | -$1.71M |
|
124
Incyte
INCY
$16.8B
| $23.1M | 0.13% |
368,034
-2,165
| -0.6% | -$136K |
|
125
Expedia Group
EXPE
$26.4B
| $22.6M | 0.13% |
149,127
-18,725
| -11% | -$2.84M |
|