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 MSCI Emerging Markets ETF
IEMG
|
$84M |
| 2 |
Royal Bank of Canada
RY
|
$32.3M |
| 3 |
Toronto Dominion Bank
TD
|
$32M |
| 4 |
Cummins
CMI
|
$31.3M |
| 5 |
Toll Brothers
TOL
|
$29.5M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$176M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$148M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$71M |
| 4 |
NFX
Newfield Exploration
NFX
|
$34.3M |
| 5 |
Procter & Gamble
PG
|
$30.9M |
Sector Composition
| 1 | Financials | 3.42% |
| 2 | Healthcare | 2.95% |
| 3 | Consumer Discretionary | 2.83% |
| 4 | Energy | 2.39% |
| 5 | Industrials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Aflac
AFL
$57.2B
| $5.94M | 0.06% |
137,959
+118,746
| +618% | +$5.11M |
|
127
VF Corp
VFC
$5.86B
| $5.88M | 0.06% |
+76,557
| New | +$5.88M |
|
|
TIF
128
DELISTED
Tiffany & Co.
TIF
| $5.67M | 0.06% |
+43,108
| New | +$5.67M |
|
129
Fortis
FTS
$24.8B
| $5.54M | 0.06% |
173,373
+125,484
| +262% | +$4.01M |
|
130
Marriott International Class A Common Stock
MAR
$71.9B
| $5.43M | 0.05% |
+42,851
| New | +$5.43M |
|
131
O'Reilly Automotive
ORLY
$89B
| $5.37M | 0.05% |
294,150
-95,295
| -24% | -$1.74M |
|
132
Ovintiv
OVV
$10.6B
| $5.36M | 0.05% |
82,073
+57,520
| +234% | +$3.75M |
|
133
Franklin Resources
BEN
$13B
| $5.19M | 0.05% |
161,862
-397,197
| -71% | -$12.7M |
|
134
United Therapeutics
UTHR
$18.1B
| $5.13M | 0.05% |
45,325
-116,024
| -72% | -$13.1M |
|
135
Imperial Oil
IMO
$44.4B
| $4.92M | 0.05% |
148,070
+72,298
| +95% | +$2.4M |
|
136
Chubb
CB
$111B
| $4.78M | 0.05% |
37,660
-2,101
| -5% | -$267K |
|
137
PACCAR
PCAR
$52B
| $4.76M | 0.05% |
115,271
-29,161
| -20% | -$1.2M |
|
138
Travelers Companies
TRV
$62B
| $4.74M | 0.05% |
38,700
+33,162
| +599% | +$4.06M |
|
139
Allstate
ALL
$53.1B
| $4.61M | 0.05% |
50,452
-848
| -2% | -$77.4K |
|
140
Waste Connections
WCN
$46.1B
| $4.54M | 0.05% |
60,322
+55,847
| +1,248% | +$4.2M |
|
141
Cenovus Energy
CVE
$28.7B
| $4.51M | 0.05% |
434,834
+305,555
| +236% | +$3.17M |
|
142
Coca-Cola Europacific Partners
CCEP
$40.4B
| $4.48M | 0.04% |
110,199
+7,907
| +8% | +$321K |
|
143
JD.com
JD
$44.6B
| $4.41M | 0.04% |
+113,144
| New | +$4.41M |
|
144
Automatic Data Processing
ADP
$120B
| $4.4M | 0.04% |
32,793
-16,069
| -33% | -$2.16M |
|
145
AutoZone
AZO
$70.6B
| $4.38M | 0.04% |
6,528
-8,079
| -55% | -$5.42M |
|
146
Royal Caribbean
RCL
$95.7B
| $4.37M | 0.04% |
42,131
-12,467
| -23% | -$1.29M |
|
147
Progressive
PGR
$143B
| $4.32M | 0.04% |
73,080
+56,150
| +332% | +$3.32M |
|
148
Thomson Reuters
TRI
$78.7B
| $4.29M | 0.04% |
93,123
+66,658
| +252% | +$3.07M |
|
149
Phillips 66
PSX
$53.2B
| $4.25M | 0.04% |
37,858
+31,721
| +517% | +$3.56M |
|
150
Murphy Oil
MUR
$3.56B
| $4.17M | 0.04% |
123,343
-48,425
| -28% | -$1.64M |
|