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 Core S&P 500 ETF
IVV
|
$118M |
| 2 |
JPMorgan Chase
JPM
|
$92.8M |
| 3 |
Bank of America
BAC
|
$64.1M |
| 4 |
Citigroup
C
|
$58.1M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$34.2M |
Top Sells
| 1 |
Procter & Gamble
PG
|
$246M |
| 2 |
Johnson & Johnson
JNJ
|
$202M |
| 3 |
Coca-Cola
KO
|
$194M |
| 4 |
PepsiCo
PEP
|
$181M |
| 5 |
McDonald's
MCD
|
$141M |
Sector Composition
| 1 | Consumer Staples | 27.92% |
| 2 | Healthcare | 19.75% |
| 3 | Financials | 10.48% |
| 4 | Consumer Discretionary | 9.62% |
| 5 | Communication Services | 3.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
TJX Companies
TJX
$155B
| $21.1M | 0.12% |
265,012
+51,587
| +24% | +$4.11M |
|
152
American Tower
AMT
$92.9B
| $21M | 0.11% |
98,927
-9,904
| -9% | -$2.1M |
|
153
Molson Coors Class B
TAP
$9.96B
| $20.7M | 0.11% |
402,632
-100,981
| -20% | -$5.2M |
|
154
XPeng
XPEV
$18.9B
| $20.2M | 0.11% |
2,028,612
-132,942
| -6% | -$1.32M |
|
155
Tencent Music
TME
$37.7B
| $19.8M | 0.11% |
2,393,955
-782,060
| -25% | -$6.48M |
|
156
Honeywell
HON
$136B
| $19.8M | 0.11% |
92,492
-54,590
| -37% | -$11.7M |
|
157
Aon
AON
$79.9B
| $19.2M | 0.11% |
64,078
+23,091
| +56% | +$6.93M |
|
158
Global Payments
GPN
$21.3B
| $19M | 0.1% |
191,265
+78,211
| +69% | +$7.77M |
|
159
Agree Realty
ADC
$8.08B
| $19M | 0.1% |
267,454
+164,100
| +159% | +$11.6M |
|
|
HZNP
160
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $18.9M | 0.1% |
165,731
-109,526
| -40% | -$12.5M |
|
161
Duke Energy
DUK
$93.8B
| $18.8M | 0.1% |
182,331
+53,271
| +41% | +$5.49M |
|
162
Fiserv
FI
$73.4B
| $18.7M | 0.1% |
184,557
+105,701
| +134% | +$10.7M |
|
163
Equity Residential
EQR
$25.5B
| $18.6M | 0.1% |
315,338
-25,183
| -7% | -$1.49M |
|
164
Cardinal Health
CAH
$35.7B
| $18.4M | 0.1% |
239,984
+172,026
| +253% | +$13.2M |
|
165
Bank of New York Mellon
BK
$73.1B
| $18.4M | 0.1% |
404,765
+197,705
| +95% | +$9M |
|
166
Insulet
PODD
$24.5B
| $18M | 0.1% |
60,975
-29,882
| -33% | -$8.8M |
|
167
Henry Schein
HSIC
$8.42B
| $17.8M | 0.1% |
222,973
-56,671
| -20% | -$4.53M |
|
168
TSMC
TSM
$1.26T
| $17.6M | 0.1% |
236,930
+30,216
| +15% | +$2.25M |
|
169
Consolidated Edison
ED
$35.4B
| $17.6M | 0.1% |
184,282
+92,413
| +101% | +$8.81M |
|
170
iShares MSCI Emerging Markets ETF
EEM
$19.2B
| $17.5M | 0.1% |
462,240
-99,567
| -18% | -$3.77M |
|
171
Crown Castle
CCI
$41.9B
| $17.4M | 0.1% |
128,536
+40,099
| +45% | +$5.44M |
|
172
Sempra
SRE
$52.9B
| $17.3M | 0.09% |
224,472
+109,484
| +95% | +$8.46M |
|
173
Digital Realty Trust
DLR
$55.7B
| $17M | 0.09% |
169,278
+142,879
| +541% | +$14.3M |
|
174
Casey's General Stores
CASY
$18.8B
| $17M | 0.09% |
75,626
-24,562
| -25% | -$5.51M |
|
175
Automatic Data Processing
ADP
$120B
| $16.8M | 0.09% |
70,534
-12,043
| -15% | -$2.88M |
|