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 |
SPDR S&P 500 ETF Trust
SPY
|
$457M |
| 2 |
SPDR Gold Trust
GLD
|
$235M |
| 3 |
iShares China Large-Cap ETF
FXI
|
$166M |
| 4 |
Alibaba
BABA
|
$145M |
| 5 |
iShares MSCI China ETF
MCHI
|
$125M |
Top Sells
Sector Composition
| 1 | Consumer Discretionary | 9.21% |
| 2 | Communication Services | 2.72% |
| 3 | Industrials | 2.14% |
| 4 | Technology | 1.45% |
| 5 | Consumer Staples | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
SBA Communications
SBAC
$22B
| $849K | 0.01% |
2,849
-1,767
| -38% | -$527K |
|
202
Tapestry
TPR
$21.4B
| $845K | 0.01% |
63,658
-3,881
| -6% | -$51.5K |
|
203
Middleby
MIDD
$6.96B
| $842K | 0.01% |
+10,668
| New | +$842K |
|
204
Carter's
CRI
$1.06B
| $812K | 0.01% |
10,062
-713
| -7% | -$57.5K |
|
205
Allison Transmission
ALSN
$7.3B
| $803K | 0.01% |
+21,830
| New | +$803K |
|
206
Bath & Body Works
BBWI
$6.09B
| $803K | 0.01% |
+53,655
| New | +$803K |
|
207
Equity Residential
EQR
$25.3B
| $797K | 0.01% |
13,546
-6,883
| -34% | -$405K |
|
208
Las Vegas Sands
LVS
$39.6B
| $793K | 0.01% |
17,417
+11,210
| +181% | +$510K |
|
209
Tyson Foods
TSN
$20.2B
| $793K | 0.01% |
13,287
-6,798
| -34% | -$406K |
|
210
AvalonBay Communities
AVB
$26.9B
| $792K | 0.01% |
5,119
-2,602
| -34% | -$403K |
|
211
Applied Materials
AMAT
$126B
| $790K | 0.01% |
+13,066
| New | +$790K |
|
212
PVH
PVH
$4.05B
| $786K | 0.01% |
16,366
-1,581
| -9% | -$75.9K |
|
213
MSC Industrial Direct
MSM
$5.02B
| $781K | 0.01% |
+10,720
| New | +$781K |
|
|
GRA
214
DELISTED
W.R. Grace & Co.
GRA
| $775K | 0.01% |
15,260
-1,176
| -7% | -$59.7K |
|
215
Illinois Tool Works
ITW
$77.1B
| $761K | 0.01% |
+4,352
| New | +$761K |
|
216
Equifax
EFX
$30.3B
| $760K | 0.01% |
4,420
-2,214
| -33% | -$381K |
|
|
CERN
217
DELISTED
Cerner Corp
CERN
| $759K | 0.01% |
11,076
-6,002
| -35% | -$411K |
|
218
AutoNation
AN
$8.26B
| $756K | 0.01% |
20,107
-1,891
| -9% | -$71.1K |
|
219
AutoZone
AZO
$70.2B
| $751K | 0.01% |
666
-415
| -38% | -$468K |
|
|
QVCGA
220
QVC Group, Inc. Series A Common Stock
QVCGA
$83.3M
| $732K | 0.01% |
+77,026
| New | +$732K |
|
221
Acuity Brands
AYI
$10B
| $731K | 0.01% |
+7,638
| New | +$731K |
|
222
Copart
CPRT
$46.9B
| $704K | 0.01% |
8,457
-840
| -9% | -$69.9K |
|
223
Harley-Davidson
HOG
$3.56B
| $704K | 0.01% |
+29,619
| New | +$704K |
|
224
Southern Copper
SCCO
$79B
| $701K | 0.01% |
17,625
-25,040
| -59% | -$996K |
|
225
Church & Dwight Co
CHD
$22.7B
| $692K | 0.01% |
8,947
-4,531
| -34% | -$350K |
|