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
|
$187M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$77.8M |
| 3 |
American Express
AXP
|
$19.6M |
| 4 |
RTX Corp
RTX
|
$14.9M |
| 5 |
United Parcel Service
UPS
|
$14.7M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$363M |
| 2 |
Microsoft
MSFT
|
$35.6M |
| 3 |
Intel
INTC
|
$15.1M |
| 4 |
Ventas
VTR
|
$14.6M |
| 5 |
Conagra Brands
CAG
|
$12.8M |
Sector Composition
| 1 | Technology | 2.59% |
| 2 | Energy | 1.96% |
| 3 | Materials | 1.29% |
| 4 | Consumer Discretionary | 1.01% |
| 5 | Industrials | 0.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $4.62B | 36.05% | 110,883,949 +1,864,216 | +2% | +$77.8M |
|
|
2
SPDR S&P 500 ETF Trust
SPY
$658B
| $3.4B | 26.52% | 17,271,500 -1,843,800 | -10% | -$363M |
|
|
3
iShares MSCI Emerging Markets ETF
EEM
$19B
| $3.33B | 25.93% | 80,060,894 +4,501,776 | +6% | +$187M |
|
4
Apple
AAPL
$3.45T
| $54M | 0.42% | 535,897 -36,300 | -6% | -$3.66M |
|
5
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $50.2M | 0.39% | 424,755 | – | – |
|
6
iShares Core S&P 500 ETF
IVV
$662B
| $34.7M | 0.27% | 175,000 | – | – |
|
7
IBM
IBM
$227B
| $32.5M | 0.25% | 171,240 -38,280 | -18% | -$7.27M |
|
8
Gilead Sciences
GILD
$140B
| $25.7M | 0.2% | 241,521 -108,300 | -31% | -$11.5M |
|
|
9
Intel
INTC
$107B
| $24.2M | 0.19% | 696,003 -432,250 | -38% | -$15.1M |
|
|
JNPR
10
DELISTED
Juniper Networks
JNPR
| $22.5M | 0.18% | 1,013,798 -146,284 | -13% | -$3.24M |
|
|
11
RTX Corp
RTX
$212B
| $22.1M | 0.17% | 209,460 +141,200 | +207% | +$14.9M |
|
12
Analog Devices
ADI
$124B
| $20.3M | 0.16% | 410,609 +284,703 | +226% | +$14.1M |
|
|
CA
13
DELISTED
CA, Inc.
CA
| $19.8M | 0.15% | 708,197 +443,451 | +168% | +$12.4M |
|
|
14
American Express
AXP
$231B
| $19.6M | 0.15% | +224,123 | New | +$19.6M |
|
15
Fossil Group
FOSL
$165M
| $19M | 0.15% | 201,898 +133,377 | +195% | +$12.5M |
|
|
GG
16
DELISTED
Goldcorp Inc
GG
| $16.9M | 0.13% | 734,361 +207,654 | +39% | +$4.78M |
|
|
B
17
Barrick Mining Corporation
B
$45.4B
| $16.3M | 0.13% | 1,108,600 +343,200 | +45% | +$5.03M |
|
18
Qualcomm
QCOM
$173B
| $15.1M | 0.12% | 202,065 +26,100 | +15% | +$1.95M |
|
19
Micron Technology
MU
$133B
| $14.8M | 0.12% | 430,874 -255,600 | -37% | -$8.76M |
|
|
20
United Parcel Service
UPS
$74.1B
| $14.7M | 0.11% | +149,364 | New | +$14.7M |
|
21
Coca-Cola
KO
$297B
| $14.7M | 0.11% | 343,474 -3,400 | -1% | -$145K |
|
22
Suncor Energy
SU
$50.1B
| $14M | 0.11% | 386,400 -205,200 | -35% | -$7.44M |
|
23
Verizon
VZ
$186B
| $13.2M | 0.1% | 263,365 -217,900 | -45% | -$10.9M |
|
24
Devon Energy
DVN
$22.9B
| $12.6M | 0.1% | 185,039 +111,539 | +152% | +$7.6M |
|
25
ConocoPhillips
COP
$124B
| $12.6M | 0.1% | 164,100 -16,200 | -9% | -$1.24M |
|