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 MSCI Emerging Markets ETF
IEMG
|
+$967M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$412M |
| 3 |
SPDR Gold Trust
GLD
|
+$403M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$399M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$169M |
Top Sells
| 1 |
iShares MSCI South Korea ETF
EWY
|
+$92.6M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
+$28.5M |
| 3 |
SWN
Southwestern Energy Company
SWN
|
+$26.3M |
| 4 |
CHK
Chesapeake Energy Corporation
CHK
|
+$26.1M |
| 5 |
Intel
INTC
|
+$23.2M |
Sector Composition
| 1 | Consumer Discretionary | 1.98% |
| 2 | Healthcare | 1.54% |
| 3 | Financials | 1.2% |
| 4 | Technology | 1.1% |
| 5 | Energy | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
AvalonBay Communities
AVB
$27.7B
| $2.05M | 0.01% |
+11,465
| New | +$2.05M |
|
|
TSS
177
DELISTED
Total System Services, Inc.
TSS
| $1.98M | 0.01% |
30,211
+24,483
| +427% | +$1.6M |
|
178
Lumen
LUMN
$5.25B
| $1.96M | 0.01% |
+103,619
| New | +$1.96M |
|
|
AET
179
DELISTED
Aetna Inc
AET
| $1.89M | 0.01% |
+11,904
| New | +$1.89M |
|
180
Xcel Energy
XEL
$42.4B
| $1.85M | 0.01% |
39,084
+28,415
| +266% | +$1.34M |
|
181
Ventas
VTR
$30.9B
| $1.79M | 0.01% |
+27,400
| New | +$1.79M |
|
|
SJR
182
DELISTED
Shaw Communications Inc.
SJR
| $1.77M | 0.01% |
76,957
| – | – |
|
183
Simon Property Group
SPG
$59.6B
| $1.75M | 0.01% |
10,872
-53,644
| -83% | -$8.64M |
|
184
Welltower
WELL
$113B
| $1.73M | 0.01% |
+24,657
| New | +$1.73M |
|
|
GOLD
185
DELISTED
Randgold Resources Ltd
GOLD
| $1.73M | 0.01% |
17,744
-2,464
| -12% | -$241K |
|
186
Waters Corp
WAT
$18.4B
| $1.67M | 0.01% |
+9,297
| New | +$1.67M |
|
187
Philip Morris
PM
$253B
| $1.65M | 0.01% |
+14,901
| New | +$1.65M |
|
188
Southern Copper
SCCO
$84B
| $1.65M | 0.01% |
43,448
-49,172
| -53% | -$1.86M |
|
189
Danaher
DHR
$142B
| $1.61M | 0.01% |
+21,144
| New | +$1.61M |
|
|
PTR
190
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $1.61M | 0.01% |
25,048
-1,268
| -5% | -$81.3K |
|
191
General Mills
GIS
$26.8B
| $1.61M | 0.01% |
31,017
-5,302
| -15% | -$274K |
|
192
Gildan
GIL
$8.31B
| $1.57M | 0.01% |
50,345
| – | – |
|
193
TE Connectivity
TEL
$61.4B
| $1.56M | 0.01% |
18,767
-5,129
| -21% | -$426K |
|
194
Pinnacle West Capital
PNW
$10.5B
| $1.54M | 0.01% |
18,171
+11,601
| +177% | +$981K |
|
195
Essex Property Trust
ESS
$17.1B
| $1.44M | 0.01% |
+5,647
| New | +$1.44M |
|
|
DFS
196
DELISTED
Discover Financial Services
DFS
| $1.39M | 0.01% |
21,536
-6,733
| -24% | -$434K |
|
197
PPG Industries
PPG
$25.2B
| $1.38M | 0.01% |
+12,663
| New | +$1.38M |
|
198
Progressive
PGR
$144B
| $1.36M | 0.01% |
+28,131
| New | +$1.36M |
|
199
Intercontinental Exchange
ICE
$99.5B
| $1.34M | 0.01% |
19,481
+9,974
| +105% | +$685K |
|
200
Molson Coors Class B
TAP
$9.86B
| $1.33M | 0.01% |
+16,261
| New | +$1.33M |
|