Bridgewater Associates, LP

Registered adviser Superinvestor · Ray Dalio

CIK

1350694

Location

Westport, CT

Portfolio Value

Large $23,976,384,502

Diversification

Diversified

Filing Date

Global Rank

#306 / 8,816 ▼ 17

Top Industry

Semiconductors 12.5%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 105129

Roster of Oct 1, 2026

Regulatory AUM

$150,159,985,476

Main clients

Pooled investment vehicles (76% of AUM)

Private funds

38 funds · Hedge funds

Focus by gross assets, Schedule D of Nov 22, 2024

$126,901,740,157 gross assets

LEI

EMTKKMJN2BHVKBWS4553

Private funds on Schedule D 7.B.(1)

As filed Nov 22, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$142,873,519,396 gross assets in 36 funds Hedge funds $122,245,206,462 (35) Liquidity funds $20,628,312,934 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Sep 2026 to Oct 2026	$150,159,985,476	Pooled investment vehicles (76%)
Jun 2026 to Aug 2026	$150,159,985,476	Pooled investment vehicles (76%)
Apr 2026 to May 2026	$150,159,985,476	Pooled investment vehicles (76%)
Feb 2026 to Mar 2026	$136,491,664,458	Pooled investment vehicles (72%)
Dec 2025 to Jan 2026	$136,491,664,458	Pooled investment vehicles (72%)
Jun 2025 to Sep 2025	$136,491,664,458	Pooled investment vehicles (72%)

11 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 41.8%, 23.3 effective positions, active share 58.4% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

94.7% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 14.0 quarters (12+), a floor since 28.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 58.4%; sector active share 24.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

996 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.6%

+3.7 pts

Top 5

34.4%

+1.5 pts

Top 10

41.8%

−1.1 pts

HHI

429

Diversified+100

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	29.5%	$7,074,909,967	14
Technology	21.6%	$5,175,395,133	155
Industrials	7.9%	$1,882,572,949	166
Financial Services	6.8%	$1,642,161,713	122
Healthcare	6.7%	$1,612,068,198	124
Energy	6.6%	$1,577,864,574	71
Consumer Cyclical	5.8%	$1,387,608,638	126
Basic Materials	4.8%	$1,153,293,276	68
Utilities	4.0%	$954,964,161	38
Communication Services	3.7%	$882,312,904	30
Consumer Defensive	2.4%	$571,878,834	65
Real Estate	0.3%	$61,354,155	17

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RIG	Transocean Ltd.	+7,544,366	7,962,797	$38,938,077
PCG	PG&E Corp	+5,906,783	5,931,314	$99,764,701
PBR	Petrobras - Petroleo Brasileiro SA	+5,373,569	6,524,553	$105,436,776
NOV	NOV Inc.	+1,761,079	1,943,703	$36,055,690
HAL	Halliburton Co	+1,561,587	1,590,285	$53,990,175
AR	ANTERO RESOURCES Corp	+1,338,903	1,507,657	$52,979,066
SBSW	Sibanye Stillwater Ltd	+1,265,183	5,691,634	$48,321,972
SHEL	Shell plc	+1,214,006	1,526,163	$118,338,679
EIX	Edison International	+1,093,853	1,234,614	$91,917,012
TOST	Toast, Inc.	+1,091,740	1,428,975	$39,754,084
PTEN	Patterson Uti Energy Inc	+1,067,947	1,152,000	$10,575,360
PPL	PPL Corp	+1,043,244	1,468,865	$53,393,242
VTRS	Viatris Inc	+972,457	1,698,341	$26,969,655
SPY	Spdr S&P 500 ETF Trust	+955,446	5,320,308	$3,973,046,405
FTI	TechnipFMC plc	+739,046	989,841	$65,626,458
OVV	Ovintiv Inc.	+671,351	1,041,316	$54,825,287
LBRT	Liberty Energy Inc.	+669,525	883,746	$23,145,307
KEY	Keycorp	+609,166	1,574,882	$36,301,030
SLB	Slb Limited	+594,085	1,338,849	$62,243,090
EQX	Equinox Gold Corp.	+574,686	592,899	$5,762,978
VZ	Verizon Communications Inc	+545,629	980,458	$41,512,591
TS	Tenaris SA	+539,593	568,223	$31,530,694
EOG	Eog Resources Inc	+526,857	539,429	$69,980,124
WY	Weyerhaeuser Co	+504,792	821,804	$19,673,987
AVA	Avista Corp	+453,895	471,986	$19,308,947
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	−2,363,230	2,025,481	$482,753,141
MRVL	Marvell Technology, Inc.	−1,767,771	181,176	$53,970,518
AMKR	Amkor Technology, Inc.	−1,573,784	7,145	$616,113
MFC	Manulife Financial Corp	−1,428,699	684,949	$27,747,283
HPE	Hewlett Packard Enterprise Co	−1,398,164	78,658	$3,548,262
VALE	Vale S.A.	−1,359,783	2,626,446	$39,501,747
MU	Micron Technology Inc	−1,359,038	116,666	$134,666,397
ANET	Arista Networks, Inc.	−1,075,816	254,275	$43,196,237
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,042,554	34,525	$16,488,104
GRAB	Grab Holdings Ltd	−919,780	7,403,211	$27,910,105
CRDO	Credo Technology Group Holding Ltd	−849,206	178,996	$48,677,962
NVDA	Nvidia Corp	−826,808	3,866,195	$773,586,957
VOD	Vodafone Group Public Ltd Co	−791,025	1,298,813	$17,183,295
AMD	Advanced Micro Devices Inc	−754,135	538,632	$312,896,715
ALAB	Astera Labs, Inc.	−749,948	992	$479,155
CDE	Coeur Mining, Inc.	−738,550	564,251	$9,208,576
IREN	IREN Ltd	−694,330	26,595	$1,216,189
ADT	ADT Inc.	−683,900	869,859	$5,654,083
SHC	Sotera Health Co	−676,151	19,241	$341,527
GOOGL	Alphabet Inc.	−675,498	1,322,176	$472,506,037
LRCX	Lam Research Corp	−633,005	938,224	$406,560,605
ARM	Arm Holdings PLC	−588,437	4,924	$1,745,902
AVGO	Broadcom Inc.	−517,457	1,317,923	$497,845,413
OGE	Oge Energy Corp.	−496,196	21,773	$1,059,474
FIGS	FIGS, Inc.	−474,597	44,885	$459,173
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ES	Eversource Energy	1,195,140	$86,372,767
APP	AppLovin Corp	146,602	$75,533,748
ED	Consolidated Edison Inc	623,641	$68,993,403
NI	Nisource Inc.	1,410,001	$67,045,547
NOW	ServiceNow, Inc.	635,381	$63,080,625
DUK	Duke Energy CORP	442,098	$55,960,764
NTNX	Nutanix, Inc.	998,761	$50,896,860
APA	APA Corp	1,444,176	$47,036,812
EXE	EXPAND ENERGY Corp	447,886	$40,842,724
VMC	Vulcan Materials CO	108,687	$32,063,751
DVN	Devon Energy Corp	735,174	$30,377,389
XOM	ExxonMobil Holdings Corp	216,225	$29,562,282
COF	Capital One Financial Corp	145,544	$29,199,037
PR	Permian Resources Corp	1,516,955	$27,927,141
SW	Smurfit Westrock plc	471,953	$21,832,545
HAS	Hasbro, Inc.	251,786	$20,795,005
CTVA	Corteva, Inc.	243,050	$20,583,904
XP	XP Inc.	1,255,551	$20,415,259
WSO	Watsco Inc	47,897	$19,960,116
FE	Firstenergy Corp	381,107	$18,117,826
EQT	EQT Corp	328,455	$17,463,952
RKT	Rocket Companies, Inc.	1,023,816	$16,125,102
YPF	Ypf Sociedad Anonima	331,413	$15,069,349
VRSK	Verisk Analytics, Inc.	83,031	$14,906,555
NOVT	Novanta Inc	90,124	$14,621,717
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CSCO	Cisco Systems, Inc.	822,892	$63,848,190
ASX	ASE Technology Holding Co., Ltd.	1,547,859	$33,557,583
CRWV	CoreWeave, Inc.	364,025	$28,201,016
PRIM	Primoris Services Corp	136,170	$19,477,756
BN	BROOKFIELD Corp	477,453	$19,322,522
AAOI	Applied Optoelectronics, Inc.	223,935	$18,942,661
PLTR	Palantir Technologies Inc.	128,186	$18,751,048
NBIS	Nebius Group N.V.	157,064	$16,296,960
SLF	Sun Life Financial Inc	250,635	$15,679,725
BMY	Bristol Myers Squibb Co	241,689	$14,658,437
CFR	Cullen/Frost Bankers, Inc.	92,885	$12,732,675
TWLO	Twilio Inc	97,545	$12,273,111
PINS	Pinterest, Inc.	660,539	$12,114,285
HUT	Hut 8 Corp.	245,659	$11,523,863
DKS	Dick's Sporting Goods, Inc.	48,855	$9,687,457
INSP	Inspire Medical Systems, Inc.	173,533	$8,950,832
NFLX	Netflix Inc	77,611	$7,462,297
ETN	Eaton Corp plc	19,541	$6,989,229
ITT	Itt Inc.	35,957	$6,850,887
CNA	Cna Financial Corp	145,742	$6,692,472
PWR	Quanta Services, Inc.	11,918	$6,543,220
DOCU	Docusign, Inc.	132,778	$6,295,004
BRBR	Bellring Brands, Inc.	391,087	$6,292,589
ARWR	Arrowhead Pharmaceuticals, Inc.	95,552	$5,991,110
TTMI	Ttm Technologies Inc	59,223	$5,769,504
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

996 tracked positions · $23,976,384,502 total · filing declares 997 positions · $24,376,086,530 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 996 positions by value · page 1 of 20

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Est. Price	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	5,320,308	+955,446	$3,973,046,405	+40.0%	$725.01	26+	before history	16.57%
IVV	iShares Core S&P 500 ETF	Added	3,002,286	+323,202	$2,248,381,962	+28.5%	$728.20	26+	before history	9.38%
NVDA	Nvidia Corp Technology	Reduced	3,866,195	-826,808	$773,586,957	−5.5%	$205.61	12	$140.09	3.23%
AVGO	Broadcom Inc. Technology	Reduced	1,317,923	-517,457	$497,845,413	−12.4%	$400.96	12	unpriced	2.08%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,025,481	-2,363,230	$482,753,141	−47.2%	$251.01	10	$213.86	2.01%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,322,176	-675,498	$472,506,037	−17.7%	$359.97	23	unpriced	1.97%
LRCX	Lam Research Corp Technology	Reduced	938,224	-633,005	$406,560,605	+21.1%	$303.56	18	$96.69	1.70%
VOO	VANGUARD 500 INDEX FUND	Added	458,381	+299,753	$314,820,654	+232.1%	$666.64	4	unpriced	1.31%
AMD	Advanced Micro Devices Inc Technology	Reduced	538,632	-754,135	$312,896,715	+19.0%	$409.99	10	$152.91	1.31%
MSFT	Microsoft Corp Technology	Reduced	711,896	-373,083	$265,551,445	−33.9%	$404.60	23	$413.80	1.11%
NEM	NEWMONT Corp Basic Materials	Added	2,695,170	+378,529	$251,728,878	+0.4%	$108.93	11	$86.83	1.05%
AMAT	Applied Materials Inc Technology	Reduced	291,426	-268,492	$210,700,998	+10.1%	$461.39	4	$205.69	0.88%
ORCL	Oracle Corp Technology	Reduced	1,432,967	-159,102	$210,001,313	−10.3%	$181.23	7	$225.73	0.88%
STX	Seagate Technology Holdings plc Technology	Reduced	199,822	-129,295	$192,828,230	+49.6%	$762.82	5	$228.71	0.80%
JNJ	Johnson & Johnson Healthcare	Reduced	669,135	-27,749	$169,940,215	−0.2%	$233.06	24	$154.50	0.71%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	2,746,819	+25,079	$163,957,626	+11.5%	$58.77	26+	before history	0.68%
GEV	GE Vernova Inc. Industrials	Reduced	122,768	-312,129	$144,235,212	−62.0%	$1,020.67	9	$350.20	0.60%
UNP	Union Pacific Corp Industrials	Reduced	514,266	-18,584	$139,880,352	+8.2%	$262.58	4	$242.86	0.58%
MU	Micron Technology Inc Technology	Reduced	116,666	-1,359,038	$134,666,397	−73.0%	$749.89	4	$293.77	0.56%
MBB	iShares MBS ETF	Added	1,386,800	+26,800	$131,080,336	+1.5%	$94.57	18	unpriced	0.55%
MO	Altria Group, Inc. Consumer Defensive	Added	1,727,216	+21,705	$124,273,191	+10.4%	$69.80	20	$52.38	0.52%
APH	Amphenol Corp Technology	Reduced	697,612	-165,436	$123,002,947	+12.8%	$72.08	4	$113.81	0.51%
ASML	Asml Holding NV Technology	Reduced	61,675	-30,521	$122,698,705	+0.8%	$1,591.72	8	$825.35	0.51%
B	Barrick Mining Corp Basic Materials	Added	3,304,836	+225,593	$121,386,626	−3.4%	$40.99	5	$35.98	0.51%
CLS	Celestica Inc Technology	Reduced	330,689	-194,932	$120,635,347	−18.5%	$375.26	11	$230.60	0.50%
VST	Vistra Corp. Utilities	Added	751,695	+403,181	$119,241,377	+127.6%	$155.14	13	$128.83	0.50%
SHEL	Shell plc Energy	Added	1,526,163	+1,214,006	$118,338,679	+307.6%	$86.32	8	$82.30	0.49%
SE	Sea Ltd Consumer Cyclical	Reduced	1,204,563	-133,565	$115,433,272	+4.2%	$87.91	17	$139.64	0.48%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Added	1,050,500	+28,800	$114,578,035	+2.9%	$108.96	26+	before history	0.48%
NUE	Nucor Corp Basic Materials	Reduced	513,423	-105,105	$114,364,973	+9.3%	$226.33	2	$174.29	0.48%
PCAR	Paccar Inc Industrials	Added	946,107	+169,035	$113,646,372	+26.6%	$118.01	2	$120.38	0.47%
WDC	Western Digital Corp Technology	Reduced	172,415	-76,624	$110,124,908	+63.5%	$486.23	4	$214.68	0.46%
CSX	Csx Corp Industrials	Reduced	2,229,965	-145,263	$105,990,236	+8.7%	$45.15	25	$38.00	0.44%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Added	6,524,553	+5,373,569	$105,436,776	+341.5%	$19.54	2	$18.91	0.44%
AAPL	Apple Inc. Technology	Reduced	364,377	-199,115	$105,436,128	−26.3%	$286.04	11	$236.39	0.44%
LLY	ELI LILLY & Co Healthcare	Added	87,023	+16,211	$104,378,005	+60.3%	$1,021.74	4	$943.81	0.44%
PCG	PG&E Corp Utilities	Added	5,931,314	+5,906,783	$99,764,701	+23046.8%	$16.83	2	$16.83	0.42%
KLAC	Kla Corp Technology	Added	328,070	+219,396	$98,981,999	−38.1%	—	13	$104.28	0.41%
FIX	Comfort Systems USA Inc Industrials	Reduced	48,506	-37,956	$96,136,466	−19.4%	$1,814.55	9	$811.62	0.40%
NXPI	NXP Semiconductors N.V. Technology	Added	337,405	+74,623	$94,820,927	+83.3%	$275.59	17	$230.02	0.40%
WFC	Wells Fargo & Company Financial Services	Added	1,145,854	+203,274	$94,693,374	+26.2%	$80.36	11	$67.24	0.39%
EIX	Edison International Utilities	Added	1,234,614	+1,093,853	$91,917,012	+792.3%	$71.32	3	$69.83	0.38%
EMXC	iShares MSCI Emerging Markets ex China ETF	Reduced	880,516	-191,764	$90,076,786	+6.8%	$94.36	2	$80.41	0.38%
MPC	Marathon Petroleum Corp Energy	Added	349,224	+271,941	$89,286,100	+373.1%	$245.50	5	$226.52	0.37%
STLD	Steel Dynamics Inc Basic Materials	Reduced	378,490	-59,589	$86,848,315	+10.1%	$234.22	2	$182.06	0.36%
ES	Eversource Energy Utilities	NEW	1,195,140	NEW	$86,372,767	NEW	$69.25	1	$69.25	0.36%
TEL	TE Connectivity plc Technology	Added	426,718	+90,544	$86,030,615	+22.4%	$213.08	8	$194.76	0.36%
ADI	Analog Devices Inc Technology	Added	203,208	+148,135	$80,708,121	+360.6%	$395.80	4	$373.75	0.34%
HCA	HCA Healthcare, Inc. Healthcare	Added	203,204	+29,403	$79,227,207	−3.7%	$422.76	26+	before history	0.33%
TPR	Tapestry, Inc. Consumer Cyclical	Added	539,444	+219,099	$78,963,812	+74.7%	$143.29	22	$94.88	0.33%

Showing the top 50 of 996 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.