What Were Bridgewater Associates’ Largest Holdings in 4Q17?

Bridgewater Associates’ largest holdings

Bridgewater Associates is the world’s largest hedge fund by assets. The founder of Bridgewater Associates, Ray Dalio, recently shared his concern about the US economy and global economy. In this part, we’ll analyze his firm’s largest holdings in 4Q17.

What Were Bridgewater Associates’ Largest Holdings in 4Q17?

Bridgewater Associates’ largest holdings in 4Q17 were the Vanguard FTSE Emerging Markets ETF (VWO), the SPDR S&P 500 ETF (SPY), the iShares MSCI Emerging Markets ETF (EEM), the iShares Core MSCI Emerging Markets ETF (IEMG), and the SPDR Gold Trust ETF (GLD). These ETFs represented 25.9%, 20.7%, 12.6%, 7.2%, and 4.0%, respectively, of Bridgewater Associates’ portfolio in 4Q17.

Institutional ownership report

According to its institutional ownership report, Bridgewater Associates was the third largest investor in VWO with 68.9 million shares in 4Q17. Similarly, Bridgewater Associates was the 12th largest investor in SPY with 9.4 million shares and was the third largest investor in EEM with 32.6 million shares in 4Q17.

From its inception until 2017, Bridgewater Associates provided strong profit in the hedge fund industry, and many times it beat the returns of the benchmark S&P 500 Index (SPX-INDEX).

In the next part of this series, we’ll analyze Ray Dalio’s top purchases in 4Q17.