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 |
PG&E
PCG
|
$38M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
$37.4M |
| 3 |
CVS Health
CVS
|
$30.5M |
| 4 |
Cardinal Health
CAH
|
$29.1M |
| 5 |
CELG
Celgene Corp
CELG
|
$21.4M |
Top Sells
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
$1.55B |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$890M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$526M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$42.8M |
| 5 |
Kroger
KR
|
$42.3M |
Sector Composition
| 1 | Healthcare | 1.72% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.05% |
| 4 | Materials | 0.96% |
| 5 | Energy | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Coca-Cola
KO
$292B
| $2.31M | 0.02% |
+50,302
| New | +$2.31M |
|
152
Rogers Communications
RCI
$19.4B
| $2.2M | 0.02% |
43,038
-29,555
| -41% | -$1.51M |
|
153
Adobe
ADBE
$148B
| $2.19M | 0.02% |
+12,468
| New | +$2.19M |
|
154
Apple
AAPL
$3.56T
| $2.15M | 0.02% |
50,720
-29,940
| -37% | -$1.27M |
|
155
CenterPoint Energy
CNP
$24.7B
| $2.13M | 0.02% |
75,247
+31,153
| +71% | +$883K |
|
156
CGI
GIB
$21.6B
| $2.1M | 0.02% |
38,589
-15,400
| -29% | -$840K |
|
157
Cognizant
CTSH
$35.1B
| $2.04M | 0.02% |
28,757
-56,938
| -66% | -$4.04M |
|
158
Medtronic
MDT
$119B
| $2.03M | 0.02% |
+25,152
| New | +$2.03M |
|
159
Quest Diagnostics
DGX
$20.5B
| $2.03M | 0.02% |
20,560
-187,561
| -90% | -$18.5M |
|
160
General Mills
GIS
$27B
| $2M | 0.02% |
33,649
+2,632
| +8% | +$156K |
|
161
Comcast
CMCSA
$125B
| $1.91M | 0.02% |
+47,672
| New | +$1.91M |
|
|
AGU
162
DELISTED
Agrium
AGU
| $1.89M | 0.02% |
16,334
-11,384
| -41% | -$1.32M |
|
163
Alliant Energy
LNT
$16.6B
| $1.89M | 0.02% |
44,260
+26,028
| +143% | +$1.11M |
|
|
POT
164
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.87M | 0.02% |
90,844
-68,637
| -43% | -$1.42M |
|
165
Restaurant Brands International
QSR
$20.7B
| $1.85M | 0.02% |
30,068
-19,113
| -39% | -$1.18M |
|
166
Pembina Pipeline
PBA
$22.1B
| $1.84M | 0.02% |
50,741
-33,416
| -40% | -$1.21M |
|
167
Fortis
FTS
$24.8B
| $1.8M | 0.01% |
48,988
-34,098
| -41% | -$1.25M |
|
|
ESRX
168
DELISTED
Express Scripts Holding Company
ESRX
| $1.74M | 0.01% |
23,259
-573,674
| -96% | -$42.8M |
|
169
Kinross Gold
KGC
$26.9B
| $1.72M | 0.01% |
397,255
-110,772
| -22% | -$479K |
|
|
RHT
170
DELISTED
Red Hat Inc
RHT
| $1.71M | 0.01% |
+14,240
| New | +$1.71M |
|
|
GOLD
171
DELISTED
Randgold Resources Ltd
GOLD
| $1.7M | 0.01% |
17,207
-537
| -3% | -$53.1K |
|
172
Cencora
COR
$56.7B
| $1.69M | 0.01% |
+18,399
| New | +$1.69M |
|
173
Ovintiv
OVV
$10.6B
| $1.68M | 0.01% |
25,066
-16,177
| -39% | -$1.08M |
|
174
Visa
V
$666B
| $1.65M | 0.01% |
+14,498
| New | +$1.65M |
|
175
Meta Platforms (Facebook)
META
$1.89T
| $1.64M | 0.01% |
9,264
-53,569
| -85% | -$9.45M |
|