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
|
$217M |
| 2 |
Apple
AAPL
|
$58.9M |
| 3 |
Coca-Cola
KO
|
$23.4M |
| 4 |
Johnson & Johnson
JNJ
|
$20.5M |
| 5 |
POT
Potash Corp Of Saskatchewan
POT
|
$19.9M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$172M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$72M |
| 3 |
Gilead Sciences
GILD
|
$50.3M |
| 4 |
Microsoft
MSFT
|
$20.4M |
| 5 |
X
US Steel
X
|
$15.2M |
Sector Composition
| 1 | Technology | 3.06% |
| 2 | Materials | 2.19% |
| 3 | Energy | 1.97% |
| 4 | Healthcare | 1.2% |
| 5 | Consumer Staples | 0.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $4.58B | 35.67% | 111,999,698 -4,213,310 | -4% | -$172M |
|
|
2
SPDR S&P 500 ETF Trust
SPY
$658B
| $3.39B | 26.4% | 16,408,500 +1,049,300 | +7% | +$217M |
|
|
3
iShares MSCI Emerging Markets ETF
EEM
$19B
| $3.08B | 24% | 76,743,491 -1,793,103 | -2% | -$72M |
|
|
4
Apple
AAPL
$3.45T
| $91.2M | 0.71% | 732,997 +473,500 | +182% | +$58.9M |
|
5
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $67.4M | 0.53% | 553,855 +129,100 | +30% | +$15.7M |
|
|
POT
6
DELISTED
Potash Corp Of Saskatchewan
POT
| $39.3M | 0.31% | 1,219,100 +617,500 | +103% | +$19.9M |
|
7
iShares Core S&P 500 ETF
IVV
$662B
| $36.4M | 0.28% | 175,000 | – | – |
|
|
8
Johnson & Johnson
JNJ
$427B
| $27M | 0.21% | 268,093 +203,800 | +317% | +$20.5M |
|
|
9
Coca-Cola
KO
$297B
| $23.4M | 0.18% | +577,774 | New | +$23.4M |
|
|
ESV
10
DELISTED
Ensco Rowan plc
ESV
| $22.2M | 0.17% | 1,052,444 +505,993 | +93% | +$10.7M |
|
11
Micron Technology
MU
$133B
| $22.1M | 0.17% | 814,974 +447,100 | +122% | +$12.1M |
|
12
IBM
IBM
$227B
| $21.8M | 0.17% | 136,044 -11,100 | -8% | -$1.78M |
|
|
AGU
13
DELISTED
Agrium
AGU
| $20.9M | 0.16% | 200,628 +97,162 | +94% | +$10.1M |
|
14
Microchip Technology
MCHP
$35.1B
| $20.3M | 0.16% | 414,394 +156,300 | +61% | +$7.64M |
|
15
Sysco
SYY
$38.5B
| $19.4M | 0.15% | 515,326 +362,451 | +237% | +$13.7M |
|
16
MetLife
MET
$54.1B
| $18.8M | 0.15% | 372,445 +222,981 | +149% | +$11.3M |
|
17
VeriSign
VRSN
$25.5B
| $18.1M | 0.14% | 269,628 +137,900 | +105% | +$9.24M |
|
18
Intel
INTC
$107B
| $17.8M | 0.14% | 570,303 -138,900 | -20% | -$4.34M |
|
19
Electronic Arts
EA
$43B
| $17.3M | 0.14% | 294,643 +157,291 | +115% | +$9.25M |
|
20
Alcoa
AA
$8.33B
| $17.1M | 0.13% | 1,327,300 +1,210,600 | +1,037% | +$15.6M |
|
|
GG
21
DELISTED
Goldcorp Inc
GG
| $16.5M | 0.13% | 908,861 -140,900 | -13% | -$2.55M |
|
|
B
22
Barrick Mining Corporation
B
$45.4B
| $16.1M | 0.13% | 1,468,200 -197,500 | -12% | -$2.16M |
|
23
Eastman Chemical
EMN
$8.08B
| $15.7M | 0.12% | 226,538 -75,248 | -25% | -$5.21M |
|
|
MON
24
DELISTED
Monsanto Co
MON
| $15.6M | 0.12% | 138,899 +97,700 | +237% | +$11M |
|
|
RAD
25
DELISTED
Rite Aid Corporation
RAD
| $14.8M | 0.12% | 1,700,374 -786,820 | -32% | -$6.84M |
|