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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$422M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$187M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
$93.4M |
| 4 |
Molson Coors Class B
TAP
|
$27.4M |
| 5 |
UnitedHealth
UNH
|
$26.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$176M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$46.5M |
| 3 |
Bristol-Myers Squibb
BMY
|
$21.1M |
| 4 |
Intel
INTC
|
$20.7M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$20.3M |
Sector Composition
| 1 | Energy | 2.75% |
| 2 | Technology | 2.62% |
| 3 | Consumer Discretionary | 2.44% |
| 4 | Financials | 1.98% |
| 5 | Healthcare | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NBL
151
DELISTED
Noble Energy, Inc.
NBL
| $4.03M | 0.04% |
105,762
-16,800
| -14% | -$639K |
|
|
QVCGA
152
QVC Group, Inc. Series A Common Stock
QVCGA
$73.3M
| $3.72M | 0.04% |
3,836
+3,484
| +990% | +$3.38M |
|
|
BMS
153
DELISTED
Bemis
BMS
| $3.71M | 0.04% |
77,616
+73,116
| +1,625% | +$3.5M |
|
154
Intuit
INTU
$188B
| $3.7M | 0.04% |
+32,300
| New | +$3.7M |
|
|
MRO
155
DELISTED
Marathon Oil Corporation
MRO
| $3.56M | 0.03% |
205,500
-24,700
| -11% | -$428K |
|
156
State Street
STT
$32B
| $3.53M | 0.03% |
45,400
+27,600
| +155% | +$2.14M |
|
157
TE Connectivity
TEL
$61.7B
| $3.4M | 0.03% |
49,038
-98,162
| -67% | -$6.8M |
|
158
International Paper
IP
$25.7B
| $3.33M | 0.03% |
66,337
-119,667
| -64% | -$6.01M |
|
159
Lockheed Martin
LMT
$108B
| $3.27M | 0.03% |
+13,100
| New | +$3.27M |
|
|
PTR
160
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $3.2M | 0.03% |
43,470
-1,486
| -3% | -$110K |
|
161
Kohl's
KSS
$1.86B
| $3.19M | 0.03% |
64,610
-248,526
| -79% | -$12.3M |
|
|
XEC
162
DELISTED
CIMAREX ENERGY CO
XEC
| $3.17M | 0.03% |
23,359
-3,500
| -13% | -$476K |
|
163
Aflac
AFL
$57.2B
| $3.17M | 0.03% |
+91,126
| New | +$3.17M |
|
164
Raymond James Financial
RJF
$33B
| $3.15M | 0.03% |
+68,100
| New | +$3.15M |
|
165
US Bancorp
USB
$75.9B
| $3.13M | 0.03% |
+60,900
| New | +$3.13M |
|
166
Abbott
ABT
$231B
| $3.08M | 0.03% |
80,200
+18,200
| +29% | +$699K |
|
|
TAHO
167
DELISTED
Tahoe Resources Inc
TAHO
| $3.05M | 0.03% |
323,100
+52,800
| +20% | +$498K |
|
168
Affiliated Managers Group
AMG
$6.54B
| $3.01M | 0.03% |
+20,700
| New | +$3.01M |
|
169
Darden Restaurants
DRI
$24.5B
| $2.99M | 0.03% |
41,133
-130,725
| -76% | -$9.51M |
|
170
Teck Resources
TECK
$16.8B
| $2.95M | 0.03% |
147,300
-23,800
| -14% | -$477K |
|
|
AUY
171
DELISTED
Yamana Gold, Inc.
AUY
| $2.94M | 0.03% |
1,046,068
+253,400
| +32% | +$712K |
|
172
Public Service Enterprise Group
PEG
$40.5B
| $2.89M | 0.03% |
65,854
+10,397
| +19% | +$456K |
|
173
EQT Corp
EQT
$32.2B
| $2.86M | 0.03% |
80,435
-19,656
| -20% | -$700K |
|
|
CA
174
DELISTED
CA, Inc.
CA
| $2.86M | 0.03% |
90,100
+25,600
| +40% | +$813K |
|
175
Clorox
CLX
$15.5B
| $2.8M | 0.03% |
23,360
-37,620
| -62% | -$4.52M |
|