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 |
Walmart
WMT
|
$230M |
| 2 |
Procter & Gamble
PG
|
$207M |
| 3 |
Johnson & Johnson
JNJ
|
$183M |
| 4 |
Coca-Cola
KO
|
$139M |
| 5 |
PepsiCo
PEP
|
$130M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$498M |
| 2 |
iShares Gold Trust
IAU
|
$156M |
| 3 |
Mondelez International
MDLZ
|
$107M |
| 4 |
Archer Daniels Midland
ADM
|
$40.5M |
| 5 |
General Mills
GIS
|
$40.1M |
Sector Composition
| 1 | Consumer Staples | 28.4% |
| 2 | Healthcare | 17.39% |
| 3 | Consumer Discretionary | 15.01% |
| 4 | Financials | 5.24% |
| 5 | Technology | 4.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
SPDR S&P 500 ETF Trust
SPY
$658B
| $845M | 5.42% | 1,975,061 -1,163,138 | -37% | -$498M |
|
|
2
Walmart
WMT
$774B
| $736M | 4.72% | 5,222,576 +1,631,636 | +45% | +$230M |
|
3
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $645M | 4.14% | 11,873,186 +783,391 | +7% | +$42.5M |
|
|
4
Procter & Gamble
PG
$368B
| $641M | 4.11% | 4,753,187 +1,534,557 | +48% | +$207M |
|
|
5
Johnson & Johnson
JNJ
$427B
| $465M | 2.98% | 2,823,106 +1,113,211 | +65% | +$183M |
|
|
6
Coca-Cola
KO
$297B
| $445M | 2.86% | 8,232,188 +2,565,360 | +45% | +$139M |
|
|
7
PepsiCo
PEP
$204B
| $395M | 2.54% | 2,669,091 +880,614 | +49% | +$130M |
|
8
Costco
COST
$418B
| $334M | 2.14% | 843,268 +280,289 | +50% | +$111M |
|
9
McDonald's
MCD
$224B
| $323M | 2.07% | 1,396,667 +456,274 | +49% | +$105M |
|
10
Alibaba
BABA
$322B
| $322M | 2.06% | 1,419,060 +16,340 | +1% | +$3.71M |
|
11
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $284M | 1.82% | 4,239,575 +471,236 | +13% | +$31.6M |
|
12
iShares Core S&P 500 ETF
IVV
$662B
| $278M | 1.78% | 645,574 +221,073 | +52% | +$95M |
|
13
SPDR Gold Trust
GLD
$107B
| $268M | 1.72% | 1,616,628 -115,769 | -7% | -$19.2M |
|
14
Starbucks
SBUX
$100B
| $234M | 1.5% | 2,093,483 +693,502 | +50% | +$77.5M |
|
15
Danaher
DHR
$147B
| $230M | 1.48% | 857,883 +414,963 | +94% | +$111M |
|
16
Estee Lauder
EL
$33B
| $218M | 1.4% | 686,222 +215,993 | +46% | +$68.7M |
|
17
Target
TGT
$43.6B
| $216M | 1.39% | 894,649 +323,117 | +57% | +$78.1M |
|
18
Abbott
ABT
$231B
| $208M | 1.34% | 1,796,830 +708,381 | +65% | +$82.1M |
|
19
iShares China Large-Cap ETF
FXI
$6.65B
| $171M | 1.1% | 3,699,732 -89,408 | -2% | -$4.14M |
|
20
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $144M | 0.93% | 1,074,865 -22,514 | -2% | -$3.02M |
|
21
iShares MSCI China ETF
MCHI
$7.91B
| $143M | 0.92% | 1,735,524 -50,915 | -3% | -$4.2M |
|
|
22
iShares Gold Trust
IAU
$50.6B
| $142M | 0.91% | 4,211,187 -4,629,765 | -52% | -$156M |
|
23
Pinduoduo
PDD
$171B
| $142M | 0.91% | 1,117,418 +1,437 | +0.1% | +$183K |
|
24
Colgate-Palmolive
CL
$67.9B
| $136M | 0.87% | 1,674,026 +559,857 | +50% | +$45.5M |
|
25
iShares MSCI Emerging Markets ETF
EEM
$19B
| $120M | 0.77% | 2,182,509 +1,764,000 | +421% | +$97.3M |
|