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 |
NVIDIA
NVDA
|
$693M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$451M |
| 3 |
Microsoft
MSFT
|
$450M |
| 4 |
Johnson & Johnson
JNJ
|
$303M |
| 5 |
Uber
UBER
|
$293M |
Top Sells
| 1 |
Alibaba
BABA
|
$748M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$452M |
| 3 |
Constellation Energy
CEG
|
$257M |
| 4 |
Pinduoduo
PDD
|
$206M |
| 5 |
Baidu
BIDU
|
$191M |
Sector Composition
| 1 | Technology | 28.87% |
| 2 | Communication Services | 11.52% |
| 3 | Financials | 9.89% |
| 4 | Healthcare | 8.37% |
| 5 | Consumer Discretionary | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Antero Resources
AR
$10.1B
| $25.3M | 0.1% |
+627,399
| New | +$25.3M |
|
152
Hewlett Packard
HPE
$31B
| $25.1M | 0.1% |
1,228,335
+1,207,770
| +5,873% | +$24.7M |
|
153
Corpay
CPAY
$22.4B
| $25.1M | 0.1% |
75,644
-56,203
| -43% | -$18.6M |
|
154
Costco
COST
$427B
| $24.8M | 0.1% |
25,060
-8,086
| -24% | -$8M |
|
155
Pfizer
PFE
$141B
| $24.5M | 0.1% |
1,012,754
-640,790
| -39% | -$15.5M |
|
156
Shift4
FOUR
$6.01B
| $24.4M | 0.1% |
246,050
+166,028
| +207% | +$16.5M |
|
157
Travelers Companies
TRV
$62B
| $24.2M | 0.1% |
90,408
-97,076
| -52% | -$26M |
|
158
Walmart
WMT
$801B
| $24.1M | 0.1% |
245,997
-79,056
| -24% | -$7.73M |
|
159
Gold Fields
GFI
$30.8B
| $23.7M | 0.1% |
1,002,879
-69,185
| -6% | -$1.64M |
|
160
Equinor
EQNR
$60.1B
| $23.3M | 0.09% |
+927,588
| New | +$23.3M |
|
161
Okta
OKTA
$16.1B
| $23.2M | 0.09% |
+231,630
| New | +$23.2M |
|
162
Adtalem Global Education
ATGE
$4.83B
| $23.1M | 0.09% |
181,878
+13,064
| +8% | +$1.66M |
|
163
Genpact
G
$7.82B
| $23.1M | 0.09% |
525,672
-176,227
| -25% | -$7.76M |
|
164
Canadian Pacific Kansas City
CP
$70.3B
| $23.1M | 0.09% |
291,587
-109,641
| -27% | -$8.69M |
|
165
Elevance Health
ELV
$70.6B
| $22.9M | 0.09% |
58,837
-24,504
| -29% | -$9.53M |
|
166
United Airlines
UAL
$34.5B
| $22.8M | 0.09% |
286,287
-1,245,015
| -81% | -$99.1M |
|
167
KLA
KLAC
$119B
| $22.4M | 0.09% |
25,021
-4,645
| -16% | -$4.16M |
|
168
Global X Uranium ETF
URA
$4.17B
| $22.4M | 0.09% |
576,388
-259,825
| -31% | -$10.1M |
|
169
DexCom
DXCM
$31.6B
| $22.2M | 0.09% |
253,811
+182,515
| +256% | +$15.9M |
|
170
Taylor Morrison
TMHC
$7.1B
| $21.9M | 0.09% |
356,423
+27,556
| +8% | +$1.69M |
|
171
Sun Life Financial
SLF
$32.4B
| $21.8M | 0.09% |
327,702
-74,393
| -19% | -$4.94M |
|
172
Affiliated Managers Group
AMG
$6.54B
| $21.7M | 0.09% |
110,248
+29,134
| +36% | +$5.73M |
|
173
AngloGold Ashanti
AU
$30.2B
| $21.7M | 0.09% |
475,639
-143,440
| -23% | -$6.54M |
|
174
Procter & Gamble
PG
$375B
| $21.2M | 0.09% |
132,909
-51,807
| -28% | -$8.25M |
|
175
CF Industries
CF
$13.7B
| $21.1M | 0.09% |
+229,583
| New | +$21.1M |
|