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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$32.1M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$31.9M |
| 3 |
Chipotle Mexican Grill
CMG
|
$13.1M |
| 4 |
Fossil Group
FOSL
|
$12.7M |
| 5 |
Foot Locker
FL
|
$12.7M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$1.22B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$578M |
| 3 |
POT
Potash Corp Of Saskatchewan
POT
|
$39.3M |
| 4 |
Apple
AAPL
|
$25.3M |
| 5 |
AGU
Agrium
AGU
|
$20.9M |
Sector Composition
| 1 | Energy | 2.9% |
| 2 | Technology | 2.23% |
| 3 | Materials | 1.84% |
| 4 | Healthcare | 1.31% |
| 5 | Consumer Discretionary | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $4.61B | 42.58% | 112,785,649 +785,951 | +0.7% | +$32.1M |
|
|
2
iShares MSCI Emerging Markets ETF
EEM
$19B
| $2.46B | 22.74% | 62,159,201 -14,584,290 | -19% | -$578M |
|
|
3
SPDR S&P 500 ETF Trust
SPY
$658B
| $2.15B | 19.9% | 10,467,200 -5,941,300 | -36% | -$1.22B |
|
|
4
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $96M | 0.89% | 829,255 +275,400 | +50% | +$31.9M |
|
|
5
Apple
AAPL
$3.45T
| $66.7M | 0.62% | 531,497 -201,500 | -27% | -$25.3M |
|
6
iShares Core S&P 500 ETF
IVV
$662B
| $36.3M | 0.33% | 175,000 | – | – |
|
7
Coca-Cola
KO
$297B
| $28.8M | 0.27% | 732,874 +155,100 | +27% | +$6.08M |
|
|
MON
8
DELISTED
Monsanto Co
MON
| $23.9M | 0.22% | 224,399 +85,500 | +62% | +$9.11M |
|
9
Suncor Energy
SU
$50.1B
| $23.4M | 0.22% | 849,800 +453,900 | +115% | +$12.5M |
|
10
Lumen
LUMN
$5.1B
| $20.1M | 0.19% | 685,511 +379,834 | +124% | +$11.2M |
|
11
Exxon Mobil
XOM
$487B
| $19.3M | 0.18% | 231,768 +62,900 | +37% | +$5.23M |
|
12
Johnson & Johnson
JNJ
$427B
| $19M | 0.18% | 194,993 -73,100 | -27% | -$7.12M |
|
|
ESV
13
DELISTED
Ensco Rowan plc
ESV
| $18.8M | 0.17% | 845,347 -207,097 | -20% | -$4.61M |
|
14
Imperial Oil
IMO
$46.2B
| $18.5M | 0.17% | 479,200 +255,200 | +114% | +$9.86M |
|
15
Canadian Natural Resources
CNQ
$65.9B
| $17.6M | 0.16% | 648,400 +352,400 | +119% | +$9.57M |
|
|
16
Chipotle Mexican Grill
CMG
$56.5B
| $17.4M | 0.16% | 28,699 +21,700 | +310% | +$13.1M |
|
17
Newmont
NEM
$81.7B
| $16.2M | 0.15% | 695,489 +75,302 | +12% | +$1.76M |
|
|
B
18
Barrick Mining Corporation
B
$45.4B
| $16M | 0.15% | 1,501,000 +32,800 | +2% | +$350K |
|
|
GG
19
DELISTED
Goldcorp Inc
GG
| $15.4M | 0.14% | 949,361 +40,500 | +4% | +$656K |
|
20
Entergy
ETR
$39.3B
| $15.2M | 0.14% | 216,052 +149,950 | +227% | +$10.6M |
|
21
IBM
IBM
$227B
| $14.6M | 0.14% | 90,044 -46,000 | -34% | -$7.48M |
|
22
Occidental Petroleum
OXY
$46.9B
| $14.6M | 0.13% | 187,400 | – | – |
|
23
Petrobras
PBR
$79.9B
| $14.1M | 0.13% | 1,561,400 -285,100 | -15% | -$2.58M |
|
24
BP
BP
$90.8B
| $14.1M | 0.13% | 353,600 | – | – |
|
25
Micron Technology
MU
$133B
| $13.6M | 0.13% | 722,974 -92,000 | -11% | -$1.73M |
|