Bridgewater Associates 13F, Q4 2024
Ray Dalio · quarter ending 31 December 2024 · filed 13 February 2025 · SEC CIK 1350694
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 691 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| SPDR S&P 500 ETF TR | SPY | $4.82B | 22.1% | +884% shares |
| ISHARES TR | IVV | $1.20B | 5.5% | -8% shares |
| ISHARES INC | IEMG | $922.16M | 4.2% | unchanged |
| ALPHABET INC | GOOGL | $685.51M | 3.1% | -17% shares |
| NVIDIA CORPORATION | NVDA | $469.66M | 2.1% | -26% shares |
| META PLATFORMS INC | META | $363.65M | 1.7% | -23% shares |
| MICROSOFT CORP | MSFT | $281.16M | 1.3% | -23% shares |
| VISTRA CORP | VST | $244.51M | 1.1% | +59% shares |
| ADVANCED MICRO DEVICES INC | AMD | $217.14M | 1.0% | +23% shares |
| CONSTELLATION ENERGY CORP | CEG | $211.68M | 1.0% | +23% shares |
| AMAZON COM INC | AMZN | $201.79M | 0.9% | -35% shares |
| PAYPAL HLDGS INC | PYPL | $201.29M | 0.9% | +93% shares |
| VISA INC | V | $193.42M | 0.9% | unchanged |
| MCKESSON CORP | MCK | $187.71M | 0.9% | +34% shares |
| LAM RESEARCH CORP | LRCX | $182.99M | 0.8% | new |
| SALESFORCE INC | CRM | $167.98M | 0.8% | +86% shares |
| ISHARES INC | EWY | $160.54M | 0.7% | +64% shares |
| THE CIGNA GROUP | CI | $160.02M | 0.7% | +79% shares |
| APPLOVIN CORP | APP | $159.60M | 0.7% | +86% shares |
| EXPEDIA GROUP INC | EXPE | $159.17M | 0.7% | +73% shares |
| BOOKING HOLDINGS INC | BKNG | $157.05M | 0.7% | +4% shares |
| APPLE INC | AAPL | $154.56M | 0.7% | -40% shares |
| BROADCOM INC | AVGO | $152.39M | 0.7% | -31% shares |
| AT&T INC | T | $147.51M | 0.7% | +402% shares |
| MERCK & CO INC | MRK | $143.19M | 0.7% | -7% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Bridgewater Associates opened 86 new positions, added to 253, trimmed 331, left 21 unchanged and exited 168. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 78 more
Exited
- LAM RESEARCH CORPwas $225.28M
- MUwas $102.02M
- VOOwas $90.81M
- SUPER MICRO COMPUTER INCwas $67.08M
- GSwas $63.16M
- ARISTA NETWORKS INCwas $53.62M
- EAwas $31.88M
- SPOTIFY TECHNOLOGY S Awas $21.16M
and 160 more
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-25-000823, filed by Bridgewater Associates, LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.