Bridgewater Associates, LP

Hedge Fund • Global Macro

Bridgewater Associates, LP is a Global Macro Hedge Fund based in Westport, CT led by Nir Bar Dea, reporting $136.49B in AUM as of Q3 2025 with IVV as the largest holding (11% allocation).

CEONir Bar Dea

Portfolio Value: $25.5B
Positions: 1,015
Top Holding: IVV at 10.62%
Last Reported: Q3 2025

AddressOne Nyala Farms Road, Westport, CT, 06880, United States

Top Holdings

Largest long holdings in Bridgewater Associates, LP's portfolio (32.5% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 iShares Core S&P 500 ETF IVV	ETF ETF	$2.7B	10.62%	+$1.2B Bought	— 4.0M shares	≤ Q2 2013 Held for 12y 5m+
2 SPDR S&P 500 ETF Trust SPY	ETF ETF	$1.7B	6.69%	-$30.2M Sold	— 2.6M shares	≤ Q2 2013 Held for 12y 5m+
3 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$645.2M	2.53%	-$716.3M Sold	0.02% 2.7M shares	Q4 2020 Held for 4y 11m
4 Microsoft MSFT	Software - Infrastructure Technology	$568.3M	2.23%	-$320.0M Sold	0.01% 1.1M shares	Q4 2020 Held for 4y 11m
5 Salesforce CRM	Software - Application Technology	$475.7M	1.86%	+$87.1M Bought	0.21% 2.0M shares	Q1 2023 Held for 2y 8m
6 Nvidia NVDA	Semiconductors Technology	$468.3M	1.83%	-$880.5M Sold	0.01% 2.5M shares	Q3 2023 Held for 2y 2m
7 Lam Research LRCX	Semiconductors Technology	$463.8M	1.82%	+$244.4M Bought	0.27% 3.5M shares	Q1 2022 Held for 3y 8m
8 Adobe ADBE	Software - Infrastructure Technology	$445.4M	1.74%	+$188.1M Bought	0.30% 1.3M shares	Q3 2020 Held for 5y 2m
9 Booking Holdings Inc. BKNG	Travel Services Consumer Cyclical	$419.7M	1.64%	+$8.5M Bought	0.24% 77.7K shares	Q3 2021 Held for 4y 2m
10 General Electric GEV	Renewable Utilities Utilities	$400.4M	1.57%	-$78.2M Sold	0.24% 651.1K shares	Q2 2024 Held for 1y 5m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Bridgewater Associates, LP's latest filing

See all changes

GthenC

Market Value

$25.5B

Prior: $24.8B

Q/Q Change

+2.96%

+$733.8M

Net Flows % of MV

-12.29%

Turnover Ratio

32.26%

New Purchases

160 stocks

$816.7M

Added To

324 stocks

+$4.8B

Sold Out Of

65 stocks

$1.3B

Reduced Holdings

195 stocks

-$7.4B

Increased Positions

Position	Shares Δ	Change
1 Reddit RDDT	New	0 → 617.2K +$142.0M
2 Credo Technology Group Holding Ltd CRDO	New	0 → 352.8K +$51.4M
3 Check Point Software Technologies CHKP	New	0 → 193.0K +$39.9M
4 monday.com MNDY	New	0 → 199.4K +$38.6M
5 CoreWeave, Inc. CRWV	New	0 → 270.6K +$37.0M

Decreased Positions

Position	Shares Δ	Change
1 GLD SPDR Gold Trust GLD	Sold	1.1M → 0 −$337.3M
2 Spotify Technology SPOT	Sold	283.9K → 0 −$217.8M
3 Fiserv FI	Sold	1.3M → 0 −$217.6M
4 Arm Holdings ARM	Sold	473.7K → 0 −$76.6M
5 Constellation Energy CEG	Sold	145.0K → 0 −$46.8M

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for Bridgewater Associates, LP

View analytics

GthenA

Sector Allocation

Technology

27.80%

ETF

19.90%

Financial Services

12.20%

Communication Services

7.50%

Consumer Cyclical

7.30%

Healthcare

7.20%

Industrials

4.20%

Consumer Defensive

2.60%

Energy

2.50%

Utilities

2.50%

Basic Materials

0.90%

Real Estate

0.20%

Market Cap Distribution

Mega Cap (> $200B)

21.13%

Large Cap ($10B - $200B)

43.99%

Mid Cap ($2B - $10B)

8.91%

Small Cap ($300M - $2B)

0.72%

Nano Cap (< $50M)

0.66%

N/A (ETF or Unknown)

24.59%

Portfolio Concentration

Top 10 Holdings %

32.53%

Top 20 Holdings %

43.71%

Top 50 Holdings %

60.6%

Top 100 Holdings %

72.64%