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
|
+$352M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$166M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$143M |
| 4 |
XEC
CIMAREX ENERGY CO
XEC
|
+$63.7M |
| 5 |
Bread Financial
BFH
|
+$59.9M |
Top Sells
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$131M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$85.8M |
| 3 |
iShares MSCI Taiwan ETF
EWT
|
+$37M |
| 4 |
Toll Brothers
TOL
|
+$34.5M |
| 5 |
NFX
Newfield Exploration
NFX
|
+$24.9M |
Sector Composition
| 1 | Financials | 5.64% |
| 2 | Consumer Discretionary | 4.56% |
| 3 | Energy | 3.53% |
| 4 | Healthcare | 2.96% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Travelers Companies
TRV
$62.7B
| $8.31M | 0.08% |
69,427
+56,920
| +455% | +$6.82M |
|
127
Allstate
ALL
$52.4B
| $7.99M | 0.07% |
96,712
+90,319
| +1,413% | +$7.46M |
|
128
Altria Group
MO
$109B
| $7.86M | 0.07% |
159,054
+86,117
| +118% | +$4.25M |
|
129
BorgWarner
BWA
$9.5B
| $7.41M | 0.07% |
242,444
+89,039
| +58% | +$2.72M |
|
130
Freeport-McMoran
FCX
$65.4B
| $7.38M | 0.07% |
+715,777
| New | +$7.38M |
|
131
Rogers Communications
RCI
$19.2B
| $7.28M | 0.07% |
142,200
-28,640
| -17% | -$1.47M |
|
132
State Street
STT
$31.9B
| $7.26M | 0.07% |
+115,051
| New | +$7.26M |
|
133
Franco-Nevada
FNV
$39.2B
| $7.22M | 0.07% |
103,039
-14,329
| -12% | -$1M |
|
134
American International
AIG
$43B
| $7.11M | 0.07% |
180,411
+166,846
| +1,230% | +$6.58M |
|
|
SPLK
135
DELISTED
Splunk Inc
SPLK
| $7.06M | 0.06% |
67,304
+58,205
| +640% | +$6.1M |
|
136
Progressive
PGR
$145B
| $6.95M | 0.06% |
+115,272
| New | +$6.95M |
|
137
Occidental Petroleum
OXY
$44.7B
| $6.89M | 0.06% |
112,264
+30,982
| +38% | +$1.9M |
|
138
CGI
GIB
$20.7B
| $6.78M | 0.06% |
110,888
-20,188
| -15% | -$1.23M |
|
139
Prologis
PLD
$106B
| $6.32M | 0.06% |
107,541
+100,829
| +1,502% | +$5.92M |
|
140
Las Vegas Sands
LVS
$36.3B
| $6.2M | 0.06% |
119,032
+91,866
| +338% | +$4.78M |
|
|
GAP
141
The Gap, Inc.
GAP
$8.85B
| $6.13M | 0.06% |
237,903
-348,281
| -59% | -$8.97M |
|
142
Citigroup
C
$184B
| $5.82M | 0.05% |
+111,816
| New | +$5.82M |
|
143
Pembina Pipeline
PBA
$22.4B
| $5.79M | 0.05% |
195,322
-40,338
| -17% | -$1.2M |
|
144
Simon Property Group
SPG
$59.9B
| $5.78M | 0.05% |
+34,384
| New | +$5.78M |
|
145
Waste Connections
WCN
$45.2B
| $5.68M | 0.05% |
76,503
+732
| +1% | +$54.3K |
|
146
Teck Resources
TECK
$20.9B
| $5.64M | 0.05% |
262,062
-40,124
| -13% | -$863K |
|
147
Northern Trust
NTRS
$25.1B
| $5.63M | 0.05% |
+67,396
| New | +$5.63M |
|
148
Fortis
FTS
$24.8B
| $5.63M | 0.05% |
168,879
-33,919
| -17% | -$1.13M |
|
149
Eaton
ETN
$147B
| $5.55M | 0.05% |
+80,849
| New | +$5.55M |
|
150
Factset
FDS
$13.3B
| $5.54M | 0.05% |
27,685
+24,212
| +697% | +$4.85M |
|