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 |
NFX
Newfield Exploration
NFX
|
+$38.8M |
| 2 |
Meta Platforms (Facebook)
META
|
+$31.3M |
| 3 |
AT&T
T
|
+$29.8M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$29M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$28M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.02B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$816M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$386M |
| 4 |
SPDR S&P 500 ETF Trust
SPY
|
+$142M |
| 5 |
iShares TIPS Bond ETF
TIP
|
+$92.7M |
Sector Composition
| 1 | Healthcare | 3.02% |
| 2 | Energy | 2.11% |
| 3 | Consumer Discretionary | 2.02% |
| 4 | Financials | 1.95% |
| 5 | Consumer Staples | 1.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
McDonald's
MCD
$223B
| $3.46M | 0.03% |
+22,150
| New | +$3.46M |
|
127
Nutrien
NTR
$27.9B
| $3.44M | 0.03% |
+72,761
| New | +$3.44M |
|
|
NUAN
128
DELISTED
Nuance Communications, Inc.
NUAN
| $3.42M | 0.03% |
+250,439
| New | +$3.42M |
|
|
GG
129
DELISTED
Goldcorp Inc
GG
| $3.37M | 0.03% |
243,942
-26,476
| -10% | -$366K |
|
130
Sun Life Financial
SLF
$32.9B
| $3.3M | 0.03% |
80,520
-1,609
| -2% | -$66K |
|
131
S&P Global
SPGI
$167B
| $3.26M | 0.03% |
+17,065
| New | +$3.26M |
|
132
Franco-Nevada
FNV
$38B
| $3.18M | 0.03% |
46,566
-479
| -1% | -$32.7K |
|
133
Canadian Pacific Kansas City
CP
$69.9B
| $3.17M | 0.03% |
89,875
-1,910
| -2% | -$67.3K |
|
134
Reliance Steel & Aluminium
RS
$15.4B
| $3.16M | 0.03% |
+36,805
| New | +$3.16M |
|
135
BP
BP
$87.8B
| $3.06M | 0.03% |
81,308
-6,498
| -7% | -$245K |
|
136
TE Connectivity
TEL
$61.4B
| $3.06M | 0.03% |
30,619
-3,839
| -11% | -$384K |
|
137
Petrobras
PBR
$79.5B
| $3.06M | 0.03% |
216,059
-69,116
| -24% | -$977K |
|
|
DISCA
138
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $3M | 0.03% |
140,158
-51,511
| -27% | -$1.1M |
|
139
Waste Management
WM
$88.3B
| $2.99M | 0.03% |
+35,596
| New | +$2.99M |
|
140
Avery Dennison
AVY
$13B
| $2.97M | 0.03% |
+27,973
| New | +$2.97M |
|
141
Visa
V
$664B
| $2.96M | 0.03% |
24,770
+10,272
| +71% | +$1.23M |
|
142
Agnico Eagle Mines
AEM
$76.7B
| $2.94M | 0.03% |
69,943
-4,124
| -6% | -$173K |
|
143
Telus
TU
$25.1B
| $2.91M | 0.03% |
165,704
-3,114
| -2% | -$54.6K |
|
144
BHP
BHP
$135B
| $2.86M | 0.03% |
72,076
-10,418
| -13% | -$413K |
|
145
Chevron
CVX
$312B
| $2.85M | 0.03% |
24,945
-1,855
| -7% | -$212K |
|
146
ConocoPhillips
COP
$115B
| $2.81M | 0.03% |
47,342
-5,538
| -10% | -$328K |
|
147
Rio Tinto
RIO
$101B
| $2.8M | 0.03% |
54,278
-10,319
| -16% | -$532K |
|
148
Magna International
MGA
$13B
| $2.8M | 0.03% |
49,653
-878
| -2% | -$49.4K |
|
149
Wheaton Precious Metals
WPM
$47.5B
| $2.79M | 0.03% |
136,811
-6,754
| -5% | -$138K |
|
150
Boston Scientific
BSX
$160B
| $2.76M | 0.03% |
100,850
-75,229
| -43% | -$2.06M |
|