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 |
Alphabet (Google) Class A
GOOGL
|
$135M |
| 2 |
Visa
V
|
$129M |
| 3 |
Mondelez International
MDLZ
|
$127M |
| 4 |
Johnson & Johnson
JNJ
|
$62.1M |
| 5 |
Microsoft
MSFT
|
$45.3M |
Top Sells
| 1 |
Medtronic
MDT
|
$225M |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$136M |
| 3 |
Walmart
WMT
|
$86.6M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$85.9M |
| 5 |
JPMorgan Chase
JPM
|
$79.6M |
Sector Composition
| 1 | Consumer Staples | 29.72% |
| 2 | Healthcare | 20.65% |
| 3 | Consumer Discretionary | 10.85% |
| 4 | Financials | 7.63% |
| 5 | Technology | 4.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Procter & Gamble
PG
$368B
| $835M | 4.23% | 6,615,453 -131,715 | -2% | -$16.6M |
|
|
2
Johnson & Johnson
JNJ
$427B
| $770M | 3.9% | 4,712,513 +379,880 | +9% | +$62.1M |
|
3
PepsiCo
PEP
$204B
| $657M | 3.32% | 4,021,491 +212,532 | +6% | +$34.7M |
|
4
Coca-Cola
KO
$297B
| $642M | 3.25% | 11,467,280 +646,521 | +6% | +$36.2M |
|
5
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $640M | 3.24% | 14,900,497 -407,915 | -3% | -$17.5M |
|
6
iShares Core S&P 500 ETF
IVV
$662B
| $631M | 3.19% | 1,758,510 +60,709 | +4% | +$21.8M |
|
7
Costco
COST
$418B
| $567M | 2.87% | 1,199,544 -11,554 | -1% | -$5.46M |
|
8
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $539M | 2.73% | 14,764,651 -667,590 | -4% | -$24.4M |
|
|
9
Walmart
WMT
$774B
| $523M | 2.65% | 4,030,017 -667,684 | -14% | -$86.6M |
|
|
10
SPDR S&P 500 ETF Trust
SPY
$658B
| $523M | 2.65% | 1,463,312 -379,950 | -21% | -$136M |
|
11
McDonald's
MCD
$224B
| $488M | 2.47% | 2,113,763 +42,179 | +2% | +$9.73M |
|
12
Pinduoduo
PDD
$171B
| $317M | 1.61% | 5,066,540 +251,908 | +5% | +$15.8M |
|
13
Abbott
ABT
$231B
| $298M | 1.51% | 3,079,954 +280,041 | +10% | +$27.1M |
|
14
CVS Health
CVS
$92.8B
| $294M | 1.49% | 3,079,704 -66,532 | -2% | -$6.35M |
|
15
Starbucks
SBUX
$100B
| $253M | 1.28% | 2,997,842 -244,877 | -8% | -$20.6M |
|
|
16
Visa
V
$683B
| $216M | 1.09% | 1,216,878 +725,139 | +147% | +$129M |
|
17
SPDR Gold Trust
GLD
$107B
| $201M | 1.02% | 1,302,230 -4,225 | -0.3% | -$653K |
|
|
18
Mondelez International
MDLZ
$79.5B
| $189M | 0.96% | 3,448,348 +2,310,425 | +203% | +$127M |
|
19
Target
TGT
$43.6B
| $188M | 0.95% | 1,263,594 -296,606 | -19% | -$44M |
|
20
Colgate-Palmolive
CL
$67.9B
| $171M | 0.86% | 2,430,002 +139,805 | +6% | +$9.82M |
|
21
Mastercard
MA
$538B
| $164M | 0.83% | 577,218 +91,949 | +19% | +$26.1M |
|
22
Dollar General
DG
$23.9B
| $149M | 0.75% | 619,233 -11,717 | -2% | -$2.81M |
|
23
Estee Lauder
EL
$33B
| $148M | 0.75% | 683,325 +70,765 | +12% | +$15.3M |
|
|
24
Alphabet (Google) Class A
GOOGL
$2.57T
| $140M | 0.71% | 1,465,694 +1,416,496 | +2,879% | +$135M |
|
25
Chipotle Mexican Grill
CMG
$56.5B
| $131M | 0.66% | 86,958 -3,706 | -4% | -$5.57M |
|