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 Core S&P 500 ETF
IVV
|
$118M |
| 2 |
JPMorgan Chase
JPM
|
$92.8M |
| 3 |
Bank of America
BAC
|
$64.1M |
| 4 |
Citigroup
C
|
$58.1M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$34.2M |
Top Sells
| 1 |
Procter & Gamble
PG
|
$246M |
| 2 |
Johnson & Johnson
JNJ
|
$202M |
| 3 |
Coca-Cola
KO
|
$194M |
| 4 |
PepsiCo
PEP
|
$181M |
| 5 |
McDonald's
MCD
|
$141M |
Sector Composition
| 1 | Consumer Staples | 27.92% |
| 2 | Healthcare | 19.75% |
| 3 | Financials | 10.48% |
| 4 | Consumer Discretionary | 9.62% |
| 5 | Communication Services | 3.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$662B
| $793M | 4.33% | 2,064,472 +305,962 | +17% | +$118M |
|
|
2
Procter & Gamble
PG
$368B
| $757M | 4.13% | 4,995,627 -1,619,826 | -24% | -$246M |
|
3
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $680M | 3.71% | 14,553,204 -347,293 | -2% | -$16.2M |
|
|
4
Johnson & Johnson
JNJ
$427B
| $630M | 3.44% | 3,567,888 -1,144,625 | -24% | -$202M |
|
|
5
PepsiCo
PEP
$204B
| $546M | 2.98% | 3,020,578 -1,000,913 | -25% | -$181M |
|
6
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $539M | 2.94% | 13,828,541 -936,110 | -6% | -$36.5M |
|
|
7
Coca-Cola
KO
$297B
| $536M | 2.92% | 8,421,382 -3,045,898 | -27% | -$194M |
|
8
SPDR S&P 500 ETF Trust
SPY
$658B
| $525M | 2.87% | 1,373,994 -89,318 | -6% | -$34.2M |
|
9
Walmart
WMT
$774B
| $482M | 2.63% | 3,400,013 -630,004 | -16% | -$89.3M |
|
10
Costco
COST
$418B
| $428M | 2.34% | 937,521 -262,023 | -22% | -$120M |
|
|
11
McDonald's
MCD
$224B
| $416M | 2.27% | 1,579,019 -534,744 | -25% | -$141M |
|
12
Pinduoduo
PDD
$171B
| $297M | 1.62% | 3,645,830 -1,420,710 | -28% | -$116M |
|
13
Starbucks
SBUX
$100B
| $259M | 1.41% | 2,611,901 -385,941 | -13% | -$38.3M |
|
14
CVS Health
CVS
$92.8B
| $255M | 1.39% | 2,739,949 -339,755 | -11% | -$31.7M |
|
15
Abbott
ABT
$231B
| $244M | 1.33% | 2,220,791 -859,163 | -28% | -$94.3M |
|
16
SPDR Gold Trust
GLD
$107B
| $208M | 1.14% | 1,226,973 -75,257 | -6% | -$12.8M |
|
17
Mondelez International
MDLZ
$79.5B
| $192M | 1.05% | 2,886,197 -562,151 | -16% | -$37.5M |
|
18
Visa
V
$683B
| $174M | 0.95% | 838,784 -378,094 | -31% | -$78.6M |
|
19
Colgate-Palmolive
CL
$67.9B
| $149M | 0.81% | 1,892,734 -537,268 | -22% | -$42.3M |
|
20
Pfizer
PFE
$141B
| $140M | 0.77% | 2,736,588 -101,884 | -4% | -$5.22M |
|
21
iShares MBS ETF
MBB
$41B
| $138M | 0.76% | 1,492,000 +185,000 | +14% | +$17.2M |
|
22
Target
TGT
$43.6B
| $138M | 0.75% | 923,244 -340,350 | -27% | -$50.7M |
|
23
Stryker
SYK
$150B
| $124M | 0.68% | 506,012 -103,216 | -17% | -$25.2M |
|
24
Estee Lauder
EL
$33B
| $123M | 0.67% | 495,147 -188,178 | -28% | -$46.7M |
|
25
Dollar General
DG
$23.9B
| $120M | 0.66% | 487,826 -131,407 | -21% | -$32.4M |
|