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 MSCI Emerging Markets ETF
EEM
|
$147M |
| 2 |
PepsiCo
PEP
|
$23.8M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$20.4M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
$17.2M |
| 5 |
Las Vegas Sands
LVS
|
$17.1M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$277M |
| 2 |
Micron Technology
MU
|
$29M |
| 3 |
AGN
ALLERGAN INC
AGN
|
$20.6M |
| 4 |
Intel
INTC
|
$16.7M |
| 5 |
Valero Energy
VLO
|
$14.2M |
Sector Composition
| 1 | Technology | 2.39% |
| 2 | Energy | 2.15% |
| 3 | Materials | 1.21% |
| 4 | Healthcare | 0.97% |
| 5 | Consumer Discretionary | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
CBRE Group
CBRE
$48.2B
| $1.04M | 0.01% |
39,681
+7,400
| +23% | +$195K |
|
|
CPN
202
DELISTED
Calpine Corporation
CPN
| $1.04M | 0.01% |
53,076
+14,500
| +38% | +$283K |
|
203
Lamar Advertising Co
LAMR
$12.9B
| $1.03M | 0.01% |
19,698
+4,000
| +25% | +$209K |
|
204
Kroger
KR
$44.9B
| $1.03M | 0.01% |
+26,000
| New | +$1.03M |
|
205
CF Industries
CF
$14B
| $1.03M | 0.01% |
+4,400
| New | +$1.03M |
|
|
CVC
206
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $1.03M | 0.01% |
57,189
+13,602
| +31% | +$244K |
|
207
Assured Guaranty
AGO
$3.91B
| $1.02M | 0.01% |
43,300
-59,300
| -58% | -$1.4M |
|
208
Stryker
SYK
$150B
| $1.02M | 0.01% |
13,567
-3,000
| -18% | -$225K |
|
209
Universal Health Services
UHS
$11.6B
| $1.02M | 0.01% |
12,500
+2,700
| +28% | +$219K |
|
|
PMCS
210
DELISTED
P M C SIERRA INC
PMCS
| $1.01M | 0.01% |
157,358
+45,400
| +41% | +$292K |
|
211
Enovis
ENOV
$1.77B
| $1.01M | 0.01% |
15,858
+3,000
| +23% | +$191K |
|
212
PVH
PVH
$4.05B
| $998K | 0.01% |
7,334
-15,466
| -68% | -$2.1M |
|
|
BKS
213
DELISTED
Barnes & Noble
BKS
| $990K | 0.01% |
+66,200
| New | +$990K |
|
214
NCR Voyix
VYX
$1.82B
| $975K | 0.01% |
28,624
+10,700
| +60% | +$364K |
|
215
Harmony Gold Mining
HMY
$8.27B
| $973K | 0.01% |
384,700
+164,200
| +74% | +$415K |
|
|
BTU
216
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $967K | 0.01% |
49,500
+17,900
| +57% | +$350K |
|
217
CACI
CACI
$10.6B
| $960K | 0.01% |
13,111
+3,000
| +30% | +$220K |
|
|
BEAM
218
DELISTED
BEAM INC COM STK (DE)
BEAM
| $960K | 0.01% |
14,100
+3,500
| +33% | +$238K |
|
219
Ulta Beauty
ULTA
$22.1B
| $956K | 0.01% |
9,900
+4,000
| +68% | +$386K |
|
|
ETFC
220
DELISTED
E*Trade Financial Corporation
ETFC
| $946K | 0.01% |
48,173
+9,000
| +23% | +$177K |
|
221
Willis Towers Watson
WTW
$31.9B
| $932K | 0.01% |
20,800
+4,500
| +28% | +$202K |
|
222
Owens Corning
OC
$12.6B
| $930K | 0.01% |
22,851
-3,300
| -13% | -$134K |
|
|
BGC
223
DELISTED
General Cable Corporation
BGC
| $930K | 0.01% |
31,629
+10,057
| +47% | +$296K |
|
224
Travel + Leisure Co
TNL
$4.11B
| $928K | 0.01% |
12,600
+1,500
| +14% | +$110K |
|
225
Copart
CPRT
$47.2B
| $927K | 0.01% |
25,300
+2,800
| +12% | +$103K |
|