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 |
SPDR S&P 500 ETF Trust
SPY
|
$4.33B |
| 2 |
Lam Research
LRCX
|
$163M |
| 3 |
AT&T
T
|
$118M |
| 4 |
PayPal
PYPL
|
$97M |
| 5 |
eBay
EBAY
|
$92.8M |
Top Sells
| 1 |
Procter & Gamble
PG
|
$195M |
| 2 |
Walmart
WMT
|
$187M |
| 3 |
NVIDIA
NVDA
|
$169M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$143M |
| 5 |
Johnson & Johnson
JNJ
|
$135M |
Sector Composition
| 1 | Technology | 15.76% |
| 2 | Healthcare | 9.26% |
| 3 | Consumer Discretionary | 9.01% |
| 4 | Financials | 8.43% |
| 5 | Communication Services | 8.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
SPDR S&P 500 ETF Trust
SPY
$658B
| $4.82B | 22.12% | 8,232,049 +7,395,084 | +884% | +$4.33B |
|
2
iShares Core S&P 500 ETF
IVV
$662B
| $1.2B | 5.5% | 2,039,343 -183,491 | -8% | -$108M |
|
3
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $922M | 4.23% | 17,659,209 -120,169 | -0.7% | -$6.28M |
|
|
4
Alphabet (Google) Class A
GOOGL
$2.57T
| $686M | 3.14% | 3,621,308 -758,029 | -17% | -$143M |
|
|
5
NVIDIA
NVDA
$4.24T
| $470M | 2.15% | 3,497,362 -1,256,909 | -26% | -$169M |
|
6
Meta Platforms (Facebook)
META
$1.86T
| $364M | 1.67% | 621,088 -181,114 | -23% | -$106M |
|
7
Microsoft
MSFT
$3.77T
| $281M | 1.29% | 667,036 -203,142 | -23% | -$85.6M |
|
8
Vistra
VST
$64.1B
| $245M | 1.12% | 1,773,499 +657,217 | +59% | +$90.6M |
|
9
Advanced Micro Devices
AMD
$264B
| $217M | 1% | 1,797,655 +333,578 | +23% | +$40.3M |
|
10
Constellation Energy
CEG
$96.2B
| $212M | 0.97% | 946,244 +178,388 | +23% | +$39.9M |
|
11
Amazon
AMZN
$2.44T
| $202M | 0.93% | 919,786 -491,857 | -35% | -$108M |
|
|
12
PayPal
PYPL
$67.1B
| $201M | 0.92% | 2,358,408 +1,136,947 | +93% | +$97M |
|
13
Visa
V
$683B
| $193M | 0.89% | 612,004 +2,345 | +0.4% | +$741K |
|
14
McKesson
MCK
$85.4B
| $188M | 0.86% | 329,363 +83,126 | +34% | +$47.4M |
|
|
15
Lam Research
LRCX
$127B
| $183M | 0.84% | 2,533,399 +2,257,347 | +818% | +$163M |
|
16
Salesforce
CRM
$245B
| $168M | 0.77% | 502,427 +232,013 | +86% | +$77.6M |
|
17
iShares MSCI South Korea ETF
EWY
$5.13B
| $161M | 0.74% | 3,154,717 +1,227,157 | +64% | +$62.5M |
|
18
Cigna
CI
$80.3B
| $160M | 0.73% | 579,482 +255,646 | +79% | +$70.6M |
|
19
Applovin
APP
$162B
| $160M | 0.73% | 492,860 +227,270 | +86% | +$73.6M |
|
20
Expedia Group
EXPE
$26.6B
| $159M | 0.73% | 854,262 +361,543 | +73% | +$67.4M |
|
21
Booking.com
BKNG
$181B
| $157M | 0.72% | 31,609 +1,067 | +3% | +$5.3M |
|
22
Apple
AAPL
$3.45T
| $155M | 0.71% | 617,203 -414,653 | -40% | -$104M |
|
23
Broadcom
AVGO
$1.4T
| $152M | 0.7% | 657,290 -298,143 | -31% | -$69.1M |
|
|
24
AT&T
T
$209B
| $148M | 0.68% | 6,478,108 +5,188,460 | +402% | +$118M |
|
25
Merck
MRK
$210B
| $143M | 0.66% | 1,439,430 -114,840 | -7% | -$11.4M |
|