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 |
Alibaba
BABA
|
+$715M |
| 2 |
SPDR Gold Trust
GLD
|
+$319M |
| 3 |
Baidu
BIDU
|
+$173M |
| 4 |
Booking.com
BKNG
|
+$163M |
| 5 |
Salesforce
CRM
|
+$145M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$2.74B |
| 2 |
Applovin
APP
|
+$129M |
| 3 |
McKesson
MCK
|
+$117M |
| 4 |
Meta Platforms (Facebook)
META
|
+$113M |
| 5 |
AT&T
T
|
+$105M |
Sector Composition
| 1 | Technology | 18.81% |
| 2 | Consumer Discretionary | 12.96% |
| 3 | Financials | 12.67% |
| 4 | Communication Services | 7.72% |
| 5 | Healthcare | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Costco
COST
$429B
| $31.3M | 0.15% |
33,146
-47,248
| -59% | -$44.7M |
|
|
TXNM
127
TXNM Energy, Inc.
TXNM
$5.99B
| $31.3M | 0.15% |
585,026
+256,572
| +78% | +$13.7M |
|
128
Jazz Pharmaceuticals
JAZZ
$7.65B
| $31.2M | 0.14% |
250,947
+58,912
| +31% | +$7.31M |
|
129
Toast
TOST
$23.3B
| $30.9M | 0.14% |
931,563
-1,436,346
| -61% | -$47.6M |
|
130
Capital One
COF
$143B
| $30.2M | 0.14% |
168,652
+16,831
| +11% | +$3.02M |
|
131
Grab
GRAB
$24.5B
| $30.1M | 0.14% |
6,642,723
+5,097,364
| +330% | +$23.1M |
|
132
Brookfield
BN
$101B
| $29.9M | 0.14% |
571,795
+88,922
| +18% | +$4.65M |
|
133
Lantheus
LNTH
$3.6B
| $29.6M | 0.14% |
303,152
+193,474
| +176% | +$18.9M |
|
134
Toll Brothers
TOL
$13.8B
| $29.3M | 0.14% |
277,824
-149,345
| -35% | -$15.8M |
|
135
Targa Resources
TRGP
$35.8B
| $28.8M | 0.13% |
143,826
+112,334
| +357% | +$22.5M |
|
136
H&R Block
HRB
$6.86B
| $28.8M | 0.13% |
524,443
+83,967
| +19% | +$4.61M |
|
137
GoDaddy
GDDY
$20.1B
| $28.7M | 0.13% |
159,286
-53,816
| -25% | -$9.69M |
|
138
Southwest Airlines
LUV
$16.6B
| $28.6M | 0.13% |
+853,062
| New | +$28.6M |
|
139
Walmart
WMT
$825B
| $28.5M | 0.13% |
325,053
-454,434
| -58% | -$39.9M |
|
140
Netflix
NFLX
$505B
| $28.4M | 0.13% |
+30,508
| New | +$28.4M |
|
141
Dynatrace
DT
$14.8B
| $28.2M | 0.13% |
599,140
+327,263
| +120% | +$15.4M |
|
142
Canadian Pacific Kansas City
CP
$68.9B
| $28.2M | 0.13% |
401,228
+34,918
| +10% | +$2.45M |
|
143
iShares MSCI China ETF
MCHI
$8.25B
| $27.8M | 0.13% |
511,947
-210,535
| -29% | -$11.5M |
|
144
Canadian National Railway
CNI
$58.3B
| $27.6M | 0.13% |
283,460
+26,716
| +10% | +$2.6M |
|
145
Tenet Healthcare
THC
$17B
| $26.9M | 0.12% |
199,976
-207,218
| -51% | -$27.9M |
|
146
ResMed
RMD
$39.6B
| $26.7M | 0.12% |
119,331
+32,060
| +37% | +$7.18M |
|
147
Spotify
SPOT
$143B
| $26.2M | 0.12% |
+47,591
| New | +$26.2M |
|
148
Carpenter Technology
CRS
$12B
| $26M | 0.12% |
+143,250
| New | +$26M |
|
|
B
149
Barrick Mining Corporation
B
$49.5B
| $25.9M | 0.12% |
1,334,529
-496,929
| -27% | -$9.66M |
|
150
Onto Innovation
ONTO
$5.44B
| $25.7M | 0.12% |
211,694
+174,028
| +462% | +$21.1M |
|