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 Brazil ETF
EWZ
|
$94.7M |
| 2 |
B
Barrick Mining Corporation
B
|
$19.3M |
| 3 |
LyondellBasell Industries
LYB
|
$18.9M |
| 4 |
SPLS
Staples Inc
SPLS
|
$18.3M |
| 5 |
Johnson & Johnson
JNJ
|
$15.7M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$170M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$161M |
| 3 |
Micron Technology
MU
|
$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
$23.3M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$21.2M |
Sector Composition
| 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 |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
NRG Energy
NRG
$28.6B
| $1.8M | 0.02% |
120,149
-398,901
| -77% | -$5.98M |
|
202
Jones Lang LaSalle
JLL
$14.8B
| $1.72M | 0.02% |
+17,600
| New | +$1.72M |
|
203
B2Gold
BTG
$5.52B
| $1.68M | 0.02% |
+673,200
| New | +$1.68M |
|
204
Unum
UNM
$12.6B
| $1.66M | 0.02% |
+52,300
| New | +$1.66M |
|
|
N
205
DELISTED
Netsuite Inc
N
| $1.65M | 0.02% |
+22,600
| New | +$1.65M |
|
|
NGD
206
New Gold Inc
NGD
$4.99B
| $1.56M | 0.02% |
358,700
-51,700
| -13% | -$225K |
|
207
East-West Bancorp
EWBC
$14.8B
| $1.55M | 0.02% |
+45,300
| New | +$1.55M |
|
208
ManpowerGroup
MAN
$1.91B
| $1.54M | 0.02% |
+23,900
| New | +$1.54M |
|
209
Lear
LEA
$5.91B
| $1.54M | 0.02% |
+15,100
| New | +$1.54M |
|
210
CSX Corp
CSX
$60.6B
| $1.5M | 0.02% |
172,800
-129,000
| -43% | -$1.12M |
|
211
Zions Bancorporation
ZION
$8.34B
| $1.49M | 0.02% |
+59,112
| New | +$1.49M |
|
212
Robert Half
RHI
$3.77B
| $1.48M | 0.02% |
+38,800
| New | +$1.48M |
|
213
Raymond James Financial
RJF
$33B
| $1.48M | 0.02% |
+45,000
| New | +$1.48M |
|
214
Flowserve
FLS
$7.22B
| $1.46M | 0.02% |
+32,400
| New | +$1.46M |
|
|
TFCFA
215
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.44M | 0.02% |
53,200
-151,100
| -74% | -$4.09M |
|
|
PTR
216
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $1.41M | 0.02% |
20,809
| – | – |
|
217
Celanese
CE
$5.34B
| $1.41M | 0.02% |
+21,500
| New | +$1.41M |
|
|
TIF
218
DELISTED
Tiffany & Co.
TIF
| $1.39M | 0.02% |
+22,900
| New | +$1.39M |
|
219
Cameco
CCJ
$33B
| $1.39M | 0.02% |
126,900
+1,300
| +1% | +$14.2K |
|
|
CIT
220
DELISTED
CIT Group Inc.
CIT
| $1.35M | 0.02% |
42,400
-5,600
| -12% | -$179K |
|
221
KeyCorp
KEY
$20.8B
| $1.33M | 0.02% |
+120,100
| New | +$1.33M |
|
222
AMC Networks
AMCX
$328M
| $1.31M | 0.02% |
21,728
+15,395
| +243% | +$930K |
|
223
Marsh & McLennan
MMC
$100B
| $1.29M | 0.02% |
18,890
-20,800
| -52% | -$1.42M |
|
224
Dover
DOV
$24.4B
| $1.28M | 0.02% |
+22,903
| New | +$1.28M |
|
225
Wabtec
WAB
$33B
| $1.24M | 0.02% |
+17,699
| New | +$1.24M |
|