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
|
$44.6M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$33.5M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
$26.8M |
| 4 |
Intel
INTC
|
$22.7M |
| 5 |
Walt Disney
DIS
|
$20.9M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$38.1M |
| 2 |
BCE
BCE
|
$29.7M |
| 3 |
VIAB
Viacom Inc. Class B
VIAB
|
$27.3M |
| 4 |
Exelon
EXC
|
$26.3M |
| 5 |
Apple
AAPL
|
$24.1M |
Sector Composition
| 1 | Technology | 3.99% |
| 2 | Energy | 2.82% |
| 3 | Consumer Discretionary | 2.8% |
| 4 | Materials | 2.25% |
| 5 | Healthcare | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $2.59B | 32.76% | 74,830,789 +970,143 | +1% | +$33.5M |
|
|
2
SPDR S&P 500 ETF Trust
SPY
$658B
| $2.12B | 26.85% | 10,322,200 -185,400 | -2% | -$38.1M |
|
|
3
iShares MSCI Emerging Markets ETF
EEM
$19B
| $1.47B | 18.59% | 42,874,533 +1,303,500 | +3% | +$44.6M |
|
4
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $100M | 1.27% | 844,155 | – | – |
|
5
iShares Core S&P 500 ETF
IVV
$662B
| $36.2M | 0.46% | 175,000 | – | – |
|
6
Microsoft
MSFT
$3.77T
| $35.4M | 0.45% | 640,248 +102,240 | +19% | +$5.65M |
|
|
7
Intel
INTC
$107B
| $31.9M | 0.4% | 985,943 +701,928 | +247% | +$22.7M |
|
|
VMW
8
DELISTED
VMware, Inc
VMW
| $28.7M | 0.36% | 548,037 +30,976 | +6% | +$1.62M |
|
|
ESRX
9
DELISTED
Express Scripts Holding Company
ESRX
| $27.1M | 0.34% | 394,218 +301,056 | +323% | +$20.7M |
|
|
10
iShares MSCI Brazil ETF
EWZ
$5.45B
| $26.8M | 0.34% | +1,018,511 | New | +$26.8M |
|
11
Bread Financial
BFH
$3.09B
| $23.8M | 0.3% | 108,164 +83,370 | +336% | +$18.3M |
|
12
Micron Technology
MU
$133B
| $23.6M | 0.3% | 2,256,761 +1,841,812 | +444% | +$19.3M |
|
13
Gilead Sciences
GILD
$140B
| $22.9M | 0.29% | 249,821 +31,700 | +15% | +$2.91M |
|
|
BBBY
14
DELISTED
Bed Bath & Beyond Inc
BBBY
| $22.9M | 0.29% | 462,035 -185,019 | -29% | -$9.18M |
|
15
Cencora
COR
$56.5B
| $21.1M | 0.27% | 243,992 +185,507 | +317% | +$16.1M |
|
|
16
Walt Disney
DIS
$213B
| $20.9M | 0.26% | +210,300 | New | +$20.9M |
|
|
ESV
17
DELISTED
Ensco Rowan plc
ESV
| $19.7M | 0.25% | 1,903,062 +755,457 | +66% | +$7.83M |
|
18
Ralph Lauren
RL
$18B
| $19.4M | 0.25% | 201,155 +192,125 | +2,128% | +$18.5M |
|
19
General Dynamics
GD
$87.3B
| $17.3M | 0.22% | 131,702 +124,212 | +1,658% | +$16.3M |
|
20
Toll Brothers
TOL
$13.4B
| $16.5M | 0.21% | 558,000 +431,826 | +342% | +$12.7M |
|
|
B
21
Barrick Mining Corporation
B
$45.4B
| $16.4M | 0.21% | 1,209,103 -539,000 | -31% | -$7.32M |
|
22
Starbucks
SBUX
$100B
| $16M | 0.2% | 268,375 +159,300 | +146% | +$9.51M |
|
23
McDonald's
MCD
$224B
| $15.8M | 0.2% | +125,826 | New | +$15.8M |
|
|
GG
24
DELISTED
Goldcorp Inc
GG
| $15.7M | 0.2% | 965,795 -261,027 | -21% | -$4.24M |
|
25
United Rentals
URI
$61.5B
| $15.1M | 0.19% | 242,910 +74,248 | +44% | +$4.62M |
|