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 MSCI India ETF
INDA
|
$105M |
| 2 |
Bread Financial
BFH
|
$39.6M |
| 3 |
XEC
CIMAREX ENERGY CO
XEC
|
$39.2M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$39M |
| 5 |
Kroger
KR
|
$38.2M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.97B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$1.11B |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$913M |
| 4 |
SPDR S&P 500 ETF Trust
SPY
|
$348M |
| 5 |
Bristol-Myers Squibb
BMY
|
$47.2M |
Sector Composition
| 1 | Consumer Discretionary | 4.47% |
| 2 | Financials | 2.86% |
| 3 | Energy | 2.75% |
| 4 | Industrials | 1.72% |
| 5 | Healthcare | 1.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
IBM
IBM
$227B
| $7.67M | 0.06% | 55,591 +11,347 | +26% | +$1.56M |
|
127
Altria Group
MO
$113B
| $7.31M | 0.06% | 154,475 +45,960 | +42% | +$2.18M |
|
128
Textron
TXT
$14.3B
| $7.3M | 0.06% | 137,591 -187,754 | -58% | -$9.96M |
|
129
CGI
GIB
$21.7B
| $7.09M | 0.06% | 92,070 | – | – |
|
130
Marathon Petroleum
MPC
$54.6B
| $7.05M | 0.06% | 126,174 +51,565 | +69% | +$2.88M |
|
131
Martin Marietta Materials
MLM
$37.2B
| $6.96M | 0.05% | 30,251 +16,925 | +127% | +$3.89M |
|
132
Yum China
YUMC
$16.4B
| $6.86M | 0.05% | 148,422 +104,525 | +238% | +$4.83M |
|
133
Franco-Nevada
FNV
$36.3B
| $6.73M | 0.05% | 79,110 -10,707 | -12% | -$911K |
|
134
Lennar Class A
LEN
$34.5B
| $6.56M | 0.05% | +135,271 | New | +$6.56M |
|
135
Duke Energy
DUK
$95.3B
| $6.4M | 0.05% | 72,481 +54,752 | +309% | +$4.83M |
|
136
DaVita
DVA
$9.85B
| $6.36M | 0.05% | 112,963 -315,112 | -74% | -$17.7M |
|
137
Coca-Cola
KO
$297B
| $6.28M | 0.05% | +123,409 | New | +$6.28M |
|
138
Gilead Sciences
GILD
$140B
| $6.21M | 0.05% | 91,889 -32,739 | -26% | -$2.21M |
|
139
Rogers Communications
RCI
$19.4B
| $6.16M | 0.05% | 114,817 | – | – |
|
140
Helmerich & Payne
HP
$2.08B
| $5.95M | 0.05% | 117,530 -19,431 | -14% | -$984K |
|
141
Thomson Reuters
TRI
$80B
| $5.94M | 0.05% | 91,921 | – | – |
|
142
Pembina Pipeline
PBA
$21.9B
| $5.85M | 0.05% | 156,702 | – | – |
|
143
UnitedHealth
UNH
$281B
| $5.73M | 0.04% | 23,467 +9,835 | +72% | +$2.4M |
|
144
Booking.com
BKNG
$181B
| $5.68M | 0.04% | 3,032 -3,122 | -51% | -$5.85M |
|
145
Agnico Eagle Mines
AEM
$72.4B
| $5.6M | 0.04% | 109,071 -4,725 | -4% | -$243K |
|
146
Northrop Grumman
NOC
$84.5B
| $5.54M | 0.04% | +17,144 | New | +$5.54M |
|
147
Restaurant Brands International
QSR
$20.8B
| $5.52M | 0.04% | 79,156 | – | – |
|
148
Fortis
FTS
$25B
| $5.4M | 0.04% | 136,548 | – | – |
|
149
Wheaton Precious Metals
WPM
$45.6B
| $5.22M | 0.04% | 215,709 -2,309 | -1% | -$55.9K |
|
150
Teck Resources
TECK
$16.7B
| $5.11M | 0.04% | 221,057 +1,807 | +0.8% | +$41.8K |
|