Bridgewater Associates’ largest holdings
Ray Dalio’s Bridgewater Associates is the world’s largest hedge fund management firm. In this part, we’ll analyze the firm’s top holdings.
In 3Q17, the largest holdings of Bridgewater Associates were the Vanguard FTSE Emerging Markets ETF (VWO), the iShares MSCI Emerging Markets ETF (EEM), the SPDR S&P 500 ETF (SPY), the iShares Core MSCI Emerging Markets ETF (IEMG), and the SPDR Gold Trust ETF (GLD). These ETFs represented 25.8%, 19.7%, 16.0%, 9.0%, and 3.2%, respectively, of Bridgewater Associates’ portfolio in 3Q17.
According to its institutional ownership report, Bridgewater Associates was the second largest investor in VWO with 88.3 million shares in 3Q17. Wells Fargo (WFC) was the first largest investor with 104.5 million shares in 3Q17. Similarly, Bridgewater Associates was the first largest investor in EEM with 65.4 million shares in 3Q17.
In the next part of this series, we’ll analyze Bridgewater Associates’ top buys in 3Q17.