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
|
$82.3M |
| 2 |
iShares China Large-Cap ETF
FXI
|
$58.6M |
| 3 |
Merck
MRK
|
$51.7M |
| 4 |
Pinduoduo
PDD
|
$40.7M |
| 5 |
Philip Morris
PM
|
$35.9M |
Top Sells
| 1 |
SPDR Gold Trust
GLD
|
$162M |
| 2 |
Meta Platforms (Facebook)
META
|
$133M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$87.5M |
| 4 |
Eli Lilly
LLY
|
$68.2M |
| 5 |
Johnson & Johnson
JNJ
|
$67.2M |
Sector Composition
| 1 | Consumer Staples | 27.66% |
| 2 | Healthcare | 21.92% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Financials | 5.4% |
| 5 | Communication Services | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Kanzhun
BZ
$11.1B
| $12.3M | 0.08% |
819,037
-902,514
| -52% | -$13.6M |
|
177
Cognizant
CTSH
$35.1B
| $12.2M | 0.08% |
186,239
-65,790
| -26% | -$4.29M |
|
178
Wabtec
WAB
$33B
| $12M | 0.07% |
109,267
+30,013
| +38% | +$3.29M |
|
179
PACCAR
PCAR
$52B
| $11.9M | 0.07% |
142,028
+137,677
| +3,164% | +$11.5M |
|
180
Allison Transmission
ALSN
$7.53B
| $11.8M | 0.07% |
209,675
-366
| -0.2% | -$20.7K |
|
|
SWAV
181
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $11.4M | 0.07% |
39,792
-4,360
| -10% | -$1.24M |
|
182
e.l.f. Beauty
ELF
$7.6B
| $11.3M | 0.07% |
98,606
-7,723
| -7% | -$882K |
|
183
Grand Canyon Education
LOPE
$5.74B
| $11.2M | 0.07% |
108,059
-10,216
| -9% | -$1.05M |
|
184
Spotify
SPOT
$146B
| $11.1M | 0.07% |
+68,847
| New | +$11.1M |
|
185
Arista Networks
ANET
$180B
| $11M | 0.07% |
272,632
+244,744
| +878% | +$9.92M |
|
186
EQT Corp
EQT
$32.2B
| $10.9M | 0.07% |
265,974
-258,141
| -49% | -$10.6M |
|
187
Enphase Energy
ENPH
$5.18B
| $10.9M | 0.07% |
+65,052
| New | +$10.9M |
|
188
Liberty Broadband Class C
LBRDK
$8.61B
| $10.8M | 0.07% |
134,929
+47,325
| +54% | +$3.79M |
|
189
Devon Energy
DVN
$22.1B
| $10.6M | 0.07% |
218,331
-2,878
| -1% | -$139K |
|
190
Humana
HUM
$37B
| $10.5M | 0.06% |
23,398
+11,054
| +90% | +$4.94M |
|
191
Wingstop
WING
$8.65B
| $10.4M | 0.06% |
51,873
+18,473
| +55% | +$3.7M |
|
192
AMN Healthcare
AMN
$799M
| $10.4M | 0.06% |
95,021
+38,776
| +69% | +$4.23M |
|
193
Sprouts Farmers Market
SFM
$13.6B
| $10.3M | 0.06% |
279,486
-36,434
| -12% | -$1.34M |
|
194
Inspire Medical Systems
INSP
$2.56B
| $10.2M | 0.06% |
31,565
-3,594
| -10% | -$1.17M |
|
195
CSX Corp
CSX
$60.6B
| $10.1M | 0.06% |
296,473
-10,428
| -3% | -$356K |
|
196
Flowers Foods
FLO
$3.13B
| $10M | 0.06% |
402,299
+55,185
| +16% | +$1.37M |
|
197
WisdomTree
WT
$1.98B
| $9.74M | 0.06% |
1,419,201
-2,274,976
| -62% | -$15.6M |
|
198
NetApp
NTAP
$23.7B
| $9.69M | 0.06% |
126,863
-3,624
| -3% | -$277K |
|
199
Cummins
CMI
$55.1B
| $9.67M | 0.06% |
+39,464
| New | +$9.67M |
|
200
Atkore
ATKR
$1.99B
| $9.67M | 0.06% |
62,000
+7,654
| +14% | +$1.19M |
|