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
|
$82.3M |
| 2 |
iShares China Large-Cap ETF
FXI
|
$58.6M |
| 3 |
Merck
MRK
|
$51.7M |
| 4 |
Pinduoduo
PDD
|
$40.7M |
| 5 |
Philip Morris
PM
|
$35.9M |
Top Sells
| 1 |
SPDR Gold Trust
GLD
|
$162M |
| 2 |
Meta Platforms (Facebook)
META
|
$133M |
| 3 |
SPDR S&P 500 ETF Trust
SPY
|
$87.5M |
| 4 |
Eli Lilly
LLY
|
$68.2M |
| 5 |
Johnson & Johnson
JNJ
|
$67.2M |
Sector Composition
| 1 | Consumer Staples | 27.66% |
| 2 | Healthcare | 21.92% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Financials | 5.4% |
| 5 | Communication Services | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$662B
| $897M | 5.54% | 2,013,408 +184,684 | +10% | +$82.3M |
|
2
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $884M | 5.46% | 17,932,948 +70,307 | +0.4% | +$3.47M |
|
3
Procter & Gamble
PG
$368B
| $700M | 4.33% | 4,616,315 -328,590 | -7% | -$49.9M |
|
|
4
Johnson & Johnson
JNJ
$427B
| $527M | 3.25% | 3,181,428 -406,023 | -11% | -$67.2M |
|
5
Coca-Cola
KO
$297B
| $495M | 3.05% | 8,214,890 +69,667 | +0.9% | +$4.2M |
|
6
PepsiCo
PEP
$204B
| $475M | 2.94% | 2,566,566 -240,957 | -9% | -$44.6M |
|
|
7
SPDR S&P 500 ETF Trust
SPY
$658B
| $459M | 2.84% | 1,035,782 -197,335 | -16% | -$87.5M |
|
8
Costco
COST
$418B
| $435M | 2.69% | 807,709 -53,597 | -6% | -$28.9M |
|
9
McDonald's
MCD
$224B
| $423M | 2.61% | 1,418,992 -119,385 | -8% | -$35.6M |
|
10
Walmart
WMT
$774B
| $403M | 2.49% | 2,562,936 -107,168 | -4% | -$16.8M |
|
11
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $319M | 1.97% | 7,848,503 -622,601 | -7% | -$25.3M |
|
12
Starbucks
SBUX
$100B
| $269M | 1.66% | 2,716,959 +229,058 | +9% | +$22.7M |
|
13
Visa
V
$683B
| $242M | 1.49% | 1,017,593 +26,774 | +3% | +$6.36M |
|
14
Alphabet (Google) Class A
GOOGL
$2.57T
| $235M | 1.45% | 1,959,948 -348,344 | -15% | -$41.7M |
|
15
Abbott
ABT
$231B
| $199M | 1.23% | 1,822,986 -335,716 | -16% | -$36.6M |
|
|
16
Pinduoduo
PDD
$171B
| $189M | 1.17% | 2,731,512 +589,115 | +27% | +$40.7M |
|
17
CVS Health
CVS
$92.8B
| $186M | 1.15% | 2,686,418 +212,648 | +9% | +$14.7M |
|
18
Mondelez International
MDLZ
$79.5B
| $176M | 1.08% | 2,406,249 +172,158 | +8% | +$12.6M |
|
|
19
Merck
MRK
$210B
| $157M | 0.97% | 1,360,944 +447,960 | +49% | +$51.7M |
|
|
20
Meta Platforms (Facebook)
META
$1.86T
| $154M | 0.95% | 537,637 -464,180 | -46% | -$133M |
|
21
Chipotle Mexican Grill
CMG
$56.5B
| $144M | 0.89% | 67,166 -3,273 | -5% | -$7M |
|
22
Intuitive Surgical
ISRG
$170B
| $140M | 0.87% | 410,150 -111,640 | -21% | -$38.2M |
|
23
iShares MBS ETF
MBB
$41B
| $136M | 0.84% | 1,454,200 -18,400 | -1% | -$1.72M |
|
24
Colgate-Palmolive
CL
$67.9B
| $126M | 0.78% | 1,639,628 -64,120 | -4% | -$4.94M |
|
25
McKesson
MCK
$85.4B
| $125M | 0.77% | 292,543 +12,878 | +5% | +$5.5M |
|