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 | |
|---|---|---|---|---|---|---|
176
McDonald's
MCD
$224B
| $2.8M | 0.03% |
23,030
-86,257
| -79% | -$10.5M |
|
177
Cintas
CTAS
$82.4B
| $2.77M | 0.03% |
96,020
+84,420
| +728% | +$2.44M |
|
178
Coterra Energy
CTRA
$18.3B
| $2.75M | 0.03% |
117,780
-20,700
| -15% | -$483K |
|
179
Gold Fields
GFI
$30.8B
| $2.74M | 0.03% |
911,600
+202,400
| +29% | +$609K |
|
180
Eldorado Gold
EGO
$5.31B
| $2.66M | 0.03% |
164,900
+45,320
| +38% | +$730K |
|
181
Franklin Resources
BEN
$13B
| $2.62M | 0.02% |
66,300
+40,000
| +152% | +$1.58M |
|
182
W.W. Grainger
GWW
$47.5B
| $2.6M | 0.02% |
+11,200
| New | +$2.6M |
|
183
Consolidated Edison
ED
$35.4B
| $2.59M | 0.02% |
+35,100
| New | +$2.59M |
|
184
Cognizant
CTSH
$35.1B
| $2.58M | 0.02% |
+45,970
| New | +$2.58M |
|
185
International Flavors & Fragrances
IFF
$16.9B
| $2.48M | 0.02% |
+21,080
| New | +$2.48M |
|
186
Western Union
WU
$2.86B
| $2.39M | 0.02% |
109,947
-131,453
| -54% | -$2.86M |
|
187
American Tower
AMT
$92.9B
| $2.38M | 0.02% |
+22,485
| New | +$2.38M |
|
188
B2Gold
BTG
$5.52B
| $2.35M | 0.02% |
990,305
+117,805
| +14% | +$279K |
|
189
Zimmer Biomet
ZBH
$20.9B
| $2.25M | 0.02% |
+22,454
| New | +$2.25M |
|
190
Northern Trust
NTRS
$24.3B
| $2.24M | 0.02% |
25,200
-15,300
| -38% | -$1.36M |
|
191
Kilroy Realty
KRC
$5.05B
| $2.19M | 0.02% |
29,900
+23,400
| +360% | +$1.71M |
|
192
VF Corp
VFC
$5.86B
| $2.16M | 0.02% |
42,905
-253,437
| -86% | -$12.7M |
|
193
Range Resources
RRC
$8.27B
| $2.14M | 0.02% |
62,404
-13,400
| -18% | -$460K |
|
194
Ameriprise Financial
AMP
$46.1B
| $2.11M | 0.02% |
19,000
+8,100
| +74% | +$899K |
|
195
Stanley Black & Decker
SWK
$12.1B
| $2.05M | 0.02% |
+17,900
| New | +$2.05M |
|
196
Williams-Sonoma
WSM
$24.7B
| $2.05M | 0.02% |
+84,600
| New | +$2.05M |
|
197
SITE Centers
SITC
$490M
| $2.05M | 0.02% |
103,973
+73,783
| +244% | +$1.45M |
|
198
Kimco Realty
KIM
$15.4B
| $2.04M | 0.02% |
+81,200
| New | +$2.04M |
|
|
NGD
199
New Gold Inc
NGD
$4.99B
| $1.99M | 0.02% |
565,600
+128,200
| +29% | +$450K |
|
200
Boston Scientific
BSX
$159B
| $1.97M | 0.02% |
91,000
+40,100
| +79% | +$867K |
|