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
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$86.6M |
| 2 |
LyondellBasell Industries
LYB
|
+$20.9M |
| 3 |
SPLS
Staples Inc
SPLS
|
+$20.2M |
| 4 |
B
Barrick Mining
B
|
+$16.1M |
| 5 |
Parker-Hannifin
PH
|
+$15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$165M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$157M |
| 3 |
Micron Technology
MU
|
+$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
+$23.5M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$21M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Labcorp
LH
$24.4B
| $2.54M | 0.03% |
22,713
-10,112
| -31% | -$1.09M |
|
177
Accenture
ACN
$90B
| $2.53M | 0.03% |
+22,300
| New | +$2.59M |
|
178
Honeywell
HON
$76.8B
| $2.47M | 0.03% |
23,590
+14,913
| +172% | +$1.53M |
|
|
VRN
179
DELISTED
Veren
VRN
| $2.41M | 0.03% |
153,100
-5,300
| -3% | -$84.9K |
|
180
Ameriprise Financial
AMP
$46.6B
| $2.35M | 0.03% |
+26,200
| New | +$2.53M |
|
181
Air Products & Chemicals
APD
$66.2B
| $2.34M | 0.03% |
+17,837
| New | +$2.38M |
|
182
Eldorado Gold
EGO
$8.3B
| $2.34M | 0.03% |
104,700
-16,220
| -13% | -$336K |
|
183
Illinois Tool Works
ITW
$81.2B
| $2.32M | 0.03% |
22,279
-13,500
| -38% | -$1.41M |
|
184
Akamai
AKAM
$16.9B
| $2.3M | 0.03% |
41,200
-105,036
| -72% | -$5.53M |
|
185
Teck Resources
TECK
$29.6B
| $2.3M | 0.03% |
175,500
-9,200
| -5% | -$95K |
|
186
Tyson Foods
TSN
$20.2B
| $2.25M | 0.03% |
+33,648
| New | +$2.18M |
|
187
Range Resources
RRC
$9.14B
| $2.23M | 0.03% |
51,604
-700
| -1% | -$28.7K |
|
188
O'Reilly Automotive
ORLY
$72.1B
| $2.21M | 0.03% |
122,535
-229,500
| -65% | -$4.06M |
|
189
Danaher
DHR
$135B
| $2.21M | 0.03% |
32,561
-84,658
| -72% | -$5.54M |
|
190
Sibanye-Stillwater
SBSW
$5.94B
| $2.21M | 0.03% |
+171,983
| New | +$2.19M |
|
191
HF Sinclair
DINO
$16B
| $2.19M | 0.03% |
92,036
-20,190
| -18% | -$601K |
|
192
Affiliated Managers Group
AMG
$9.41B
| $2.08M | 0.03% |
+14,800
| New | +$2.42M |
|
|
TRQ
193
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $2.08M | 0.03% |
61,710
+1,210
| +2% | +$35.1K |
|
|
XLNX
194
DELISTED
Xilinx Inc
XLNX
| $2.04M | 0.03% |
44,315
-42,185
| -49% | -$1.93M |
|
195
Huntington Bancshares
HBAN
$35B
| $1.98M | 0.02% |
+221,600
| New | +$2.18M |
|
196
Alaska Air
ALK
$5.12B
| $1.98M | 0.02% |
+33,900
| New | +$2.34M |
|
|
KSU
197
DELISTED
Kansas City Southern
KSU
| $1.97M | 0.02% |
21,848
-5,900
| -21% | -$537K |
|
198
Corning
GLW
$126B
| $1.96M | 0.02% |
95,500
-76,517
| -44% | -$1.53M |
|
|
LVLT
199
DELISTED
Level 3 Communications Inc
LVLT
| $1.87M | 0.02% |
36,400
-16,060
| -31% | -$840K |
|
200
Thermo Fisher Scientific
TMO
$211B
| $1.84M | 0.02% |
+12,466
| New | +$1.84M |
|
Similar funds
Bridgewater Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Bridgewater Associates held 392 positions worth $7.98B, up 0.98% from $7.9B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Bridgewater Associates's Q2 2016 filing shows 139 new, 92 increased, 106 reduced and 52 closed positions. Its largest new stake was Parker-Hannifin: 133,700 shares worth $14.4M. The largest sale was Vanguard FTSE Emerging Markets ETF, an estimated $165M.
By sector, the portfolio is most concentrated in Materials at 3.6% of assets, up from 2.3% a quarter earlier, followed by Energy and Technology.
- Bridgewater Associates's largest Q2 2016 buy was Parker-Hannifin: 133,700 shares worth $14.4M.
- Bridgewater Associates added most to iShares MSCI Brazil ETF in Q2 2016, an estimated $86.6M increase.
- Bridgewater Associates's biggest Q2 2016 reduction was Vanguard FTSE Emerging Markets ETF, cutting an estimated $165M.
- Bridgewater Associates fully exited Micron Technology in Q2 2016, selling an estimated $23.6M.
- Bridgewater Associates's ten largest holdings make up 79% of its $7.98B portfolio in Q2 2016.
- Bridgewater Associates opened 139 new positions and closed 52 in Q2 2016.
- Bridgewater Associates's portfolio value rose 0.98% quarter-over-quarter to $7.98B.
Based on Bridgewater Associates's 13F filing for Q2 2016, filed 10 Aug 2016.