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
|
$258M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$152M |
| 3 |
Apple
AAPL
|
$49.2M |
| 4 |
GE Aerospace
GE
|
$22.1M |
| 5 |
JNPR
Juniper Networks
JNPR
|
$19.9M |
Top Sells
| 1 |
Gen Digital
GEN
|
$23.8M |
| 2 |
Johnson & Johnson
JNJ
|
$20.6M |
| 3 |
Cisco
CSCO
|
$14.6M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$11.7M |
| 5 |
CELG
Celgene Corp
CELG
|
$9.94M |
Sector Composition
| 1 | Technology | 3.07% |
| 2 | Energy | 2.47% |
| 3 | Materials | 1.34% |
| 4 | Industrials | 0.94% |
| 5 | Consumer Discretionary | 0.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $4.7B | 35.24% | 109,019,733 +3,534,896 | +3% | +$152M |
|
2
SPDR S&P 500 ETF Trust
SPY
$658B
| $3.74B | 28.04% | 19,115,300 | – | – |
|
|
3
iShares MSCI Emerging Markets ETF
EEM
$19B
| $3.27B | 24.48% | 75,559,118 +5,962,753 | +9% | +$258M |
|
|
4
Apple
AAPL
$3.45T
| $53.2M | 0.4% | 572,197 +528,926 | +1,222% | +$49.2M |
|
5
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $50.7M | 0.38% | 424,755 +26,300 | +7% | +$3.14M |
|
6
IBM
IBM
$227B
| $38M | 0.28% | 209,520 +74,500 | +55% | +$13.5M |
|
7
Intel
INTC
$107B
| $34.9M | 0.26% | 1,128,253 +366,900 | +48% | +$11.3M |
|
8
iShares Core S&P 500 ETF
IVV
$662B
| $34.5M | 0.26% | 175,000 | – | – |
|
9
Microsoft
MSFT
$3.77T
| $32.6M | 0.24% | 781,945 -110,700 | -12% | -$4.62M |
|
10
Gilead Sciences
GILD
$140B
| $29M | 0.22% | 349,821 +102,100 | +41% | +$8.47M |
|
|
JNPR
11
DELISTED
Juniper Networks
JNPR
| $28.5M | 0.21% | 1,160,082 +812,500 | +234% | +$19.9M |
|
12
Suncor Energy
SU
$50.1B
| $25.3M | 0.19% | 591,600 +128,500 | +28% | +$5.49M |
|
|
13
GE Aerospace
GE
$292B
| $24.7M | 0.19% | 941,100 +839,300 | +824% | +$22.1M |
|
14
Verizon
VZ
$186B
| $23.5M | 0.18% | 481,265 -139,200 | -22% | -$6.81M |
|
15
Micron Technology
MU
$133B
| $22.6M | 0.17% | 686,474 +263,100 | +62% | +$8.67M |
|
16
Oracle
ORCL
$635B
| $20.9M | 0.16% | 515,982 -49,300 | -9% | -$2M |
|
17
Canadian Natural Resources
CNQ
$65.9B
| $19.8M | 0.15% | 430,400 +91,400 | +27% | +$4.21M |
|
18
EOG Resources
EOG
$68.2B
| $19.5M | 0.15% | 166,938 +88,969 | +114% | +$10.4M |
|
|
WFM
19
DELISTED
Whole Foods Market Inc
WFM
| $18.5M | 0.14% | 478,412 +307,466 | +180% | +$11.9M |
|
20
Imperial Oil
IMO
$46.2B
| $17.9M | 0.13% | 338,900 +81,800 | +32% | +$4.32M |
|
21
Exxon Mobil
XOM
$487B
| $17.4M | 0.13% | 173,171 +50,171 | +41% | +$5.05M |
|
22
Ventas
VTR
$30.9B
| $16.9M | 0.13% | 263,384 -25,962 | -9% | -$1.66M |
|
23
Occidental Petroleum
OXY
$46.9B
| $16.7M | 0.13% | 163,000 +4,300 | +3% | +$441K |
|
24
Texas Instruments
TXN
$184B
| $16.5M | 0.12% | 345,026 +186,168 | +117% | +$8.9M |
|
25
ConocoPhillips
COP
$124B
| $15.5M | 0.12% | 180,300 +6,500 | +4% | +$557K |
|