WhaleCreep

Bridgewater Associates, LP 13F holdings, Q3 2009

Hedge fundSEC filingsCompare with another fundHoldings as of 2009-09-30, filed 2009-11-09

Bridgewater Associates, LP disclosed 353 US equity positions worth $3.5bn in its Q3 2009 13F filing. Its largest position is SPY at 53.5% of the reported book, followed by EEM and AXP. Versus Q2 2009 it opened 128 new positions, added to 114, reduced 110 and exited 71.

$3.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
353
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
53.5%
Largest position
The largest single position as a share of the reported equity book.
59.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
3
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
83
Quarters on file since Q4 2005
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2009: 128 new, 114 added, 110 reduced, 71 exited

50 of 353
SPY SPDR S&P 500 ETF Trust–53.5%$1.9bn17.80m+0.6%added
EEM ISHARES TR–1.2%$40.8m1.05m–new
AXP AMERICAN EXPRESS COFinancial Services0.7%$23.8m703,307–new
GPC GENUINE PARTS COConsumer Cyclical0.6%$21.3m559,141+211%added
NWL NEWELL BRANDS INCConsumer Defensive0.6%$20.4m1.30m+81%added
URS CORP NEW no ticker–0.5%$17.9m410,889+288%added
BMC SOFTWARE INC no ticker–0.5%$17.6m469,114–new
ITW ILLINOIS TOOL WKS INCIndustrials0.5%$17.3m404,252–new
RS RELIANCE INCBasic Materials0.5%$17.1m401,135+155%added
WERN WERNER ENTERPRISES INCIndustrials0.5%$16.5m887,710+291%added
COMPUTER SCIENCES CORP no ticker–0.5%$16.5m312,722+211%added
INTC INTEL CORPTechnology0.5%$15.8m808,459+71%added
WAB WABTECIndustrials0.4%$15.7m417,329+118%added
GE GENERAL ELECTRIC COIndustrials0.4%$15.1m918,149+2294%added
CDNS CADENCE DESIGN SYSTEM INCTechnology0.4%$14.9m2.03m–new
EMR Emerson Electric Inc.Industrials0.4%$14.9m371,934+713%added
Continental Airlines Inc no ticker–0.4%$14.5m882,424–new
MCGRAW HILL FINL INC no ticker–0.4%$14.2m566,080+261%added
MSM MSC INDL DIRECT INCIndustrials0.4%$13.9m319,458–new
F FORD MTR COConsumer Cyclical0.4%$13.3m1.84m–new
JKHY HENRY JACK & ASSOC INCTechnology0.4%$13.2m561,336+128%added
CSL CARLISLE COS INCIndustrials0.4%$13.1m385,949+106%added
MENS WEARHOUSE INC no ticker–0.4%$13.1m528,796–new
FDX FEDEX CORPIndustrials0.4%$12.9m171,600+745%added
JOHNSON CTLS INC no ticker–0.4%$12.8m502,600+151%added
ARW ARROW ELECTRS INCTechnology0.3%$12.3m435,697+259%added
AVT AVNET INCTechnology0.3%$11.6m447,726+850%added
MCO MOODYS CORPFinancial Services0.3%$11.4m559,257+171%added
STAPLES INC no ticker–0.3%$10.5m452,131–new
FCX FREEPORT MCMORAN INCBasic Materials0.3%$10.5m152,500–new
JBHT HUNT J B TRANS SVCS INCIndustrials0.3%$10.4m325,241–new
BCO BRINKS COIndustrials0.3%$10.4m385,646+411%added
GS GOLDMAN SACHS GROUP INCFinancial Services0.3%$10.4m56,200+205%added
INGRAM MICRO INC no ticker–0.3%$10.4m614,622–new
CTXSEUR CITRIX SYS INC–0.3%$10.1m257,869–new
PH PARKER-HANNIFIN CORPIndustrials0.3%$10.1m195,109–new
Pactiv Corp no ticker–0.3%$10.1m385,859+16%added
BALL BALL CORPConsumer Cyclical0.3%$9.7m197,441+29%added
WFC WELLS FARGO & COFinancial Services0.3%$9.6m340,581+127%added
ORCL ORACLE CORPTechnology0.3%$9.1m437,498+109%added
MAN MANPOWERGROUP INCIndustrials0.3%$9.1m159,965–new
CHH CHOICE HOTELS INTL INCConsumer Cyclical0.3%$9.1m291,730+9.7%added
STARWOOD HOTELS&RESORTS WRLD no ticker–0.3%$8.9m269,634–new
IBM INTERNATIONAL BUSINESS MACHSTechnology0.3%$8.8m73,500+236%added
APOLLO ED GROUP INC no ticker–0.2%$8.6m116,793+67%added
THO THOR INDS INCConsumer Cyclical0.2%$8.6m277,599+24%added
GLW CORNING INCTechnology0.2%$8.4m546,100+1816%added
VALSPAR CORP no ticker–0.2%$8.3m303,379+3.3%added
CME CME GROUP INCFinancial Services0.2%$8.3m26,863+676%added
CCK CROWN HLDGS INCConsumer Cyclical0.2%$8.3m304,073+31%added

Exited since Q2 2009

71 rows
LXKEUR LEXMARK INTL INC0.2%$6.2m
HOSPITALITY PPTYS TR no ticker0.2%$6.1m
VLO VALERO ENERGY CORP0.2%$5.9m
AON CORP no ticker0.2%$5.2m
AEE AMEREN CORP0.2%$4.5m
FLIR FLIR SYS INC0.2%$4.5m
VZ VERIZON COMMUNICATIONS INC0.2%$4.3m
FOREST LABS INC no ticker0.2%$4.3m
SEPRACOR INC no ticker0.2%$4.3m
NOBLE CORP no ticker0.2%$4.2m
LINEAR TECHNOLOGY CORP no ticker0.2%$4.1m
Perot Systems Corp no ticker0.2%$4.0m
SMITH INTERNATIONAL INC no ticker0.2%$3.8m
CPB THE CAMPBELLS COMPANY0.1%$3.6m
DUN & BRADSTREET CORP DEL NE no ticker0.1%$3.4m
MCD MCDONALDS CORP0.1%$3.4m
SAFEWAY INC no ticker0.1%$3.3m
Telephone & Data Systems Inc no ticker0.1%$3.3m
Frontier Oil Corp no ticker0.1%$3.1m
CSX CSX CORP0.1%$2.8m
ASB ASSOCIATED BANC-CORP0.1%$2.8m
IPG INTERPUBLIC GROUP COS INC0.1%$2.7m
NI NISOURCE INC0.1%$2.6m
El Paso Corp no ticker0.1%$2.6m
VAREUR VARIAN MED SYS INC0.10%$2.4m
TRANSCANADA CORP no ticker0.09%$2.3m
DISH DISH NETWORK CORPORATION0.08%$2.1m
NV ENERGY INC no ticker0.08%$2.1m
EXPD EXPEDITORS INTL WASH INC0.08%$2.1m
VFC V F CORP0.08%$2.0m
Burlington Northern Santa Fe Corp no ticker0.08%$1.9m
SARA LEE CORP no ticker0.08%$1.9m
JECUSD JACOBS ENGR GROUP INC0.07%$1.7m
UNP UNION PACIFIC CORP0.07%$1.7m
RIG TRANSOCEAN LTD0.07%$1.7m
DOEUR DIAMOND OFFSHORE DRILLING IN0.07%$1.7m
HE HAWAIIAN ELEC INDUSTRIES0.07%$1.7m
LIFE TECHNOLOGIES CORP no ticker0.07%$1.7m
NOVEUR NATIONAL OILWELL VARCO INC0.06%$1.6m
FRONTIER COMMUNICATIONS CORP no ticker0.06%$1.5m
SPG SIMON PPTY GROUP INC NEW0.05%$1.3m
CIGNA CORPORATION no ticker0.05%$1.2m
PNC PNC FINL SVCS GROUP INC0.04%$1.1m
EXPRESS SCRIPTS INC no ticker0.04%$1.1m
PEPCO HOLDINGS INC no ticker0.04%$958k
FLR FLUOR CORP0.04%$938k
ENCANA CORP no ticker0.04%$934k
IAG IAMGOLD CORP0.04%$926k
TECD1USD TECH DATA CORP0.04%$911k
ATO ATMOS ENERGY CORP0.04%$903k

Sector mix

  • Unclassified71.9%
  • Industrials7.3%
  • Technology5.1%
  • Financial Services4.0%
  • Consumer Cyclical3.8%
  • Healthcare2.1%
  • Consumer Defensive2.0%
  • Basic Materials1.4%
  • Energy0.6%
  • Communication Services0.6%
  • Utilities0.6%
  • Real Estate0.5%

Book over time

Every quarter on file (83)
QuarterPositionsEquity book
Q2 2026997$24.4bn
Q1 2026993$22.4bn
Q4 20251,040$27.4bn
Q3 20251,014$25.5bn
Q2 2025585$24.8bn
Q1 2025664$21.6bn
Q4 2024691$21.8bn
Q3 2024773$17.7bn
Q2 2024877$19.2bn
Q1 2024677$19.8bn
Q4 2023742$17.9bn
Q3 2023740$16.5bn
Q2 2023696$16.2bn
Q1 2023710$16.4bn
Q4 2022820$18.3bn
Q3 2022866$19.8bn
Q2 2022985$23.6bn
Q1 2022968$24.8bn
Q4 2021731$17.2bn
Q3 2021683$18.3bn
Q2 2021704$15.6bn
Q1 2021455$11.3bn
Q4 2020525$11.6bn
Q3 2020430$8.3bn
Q2 2020383$6.0bn
Q1 2020399$5.0bn
Q4 2019471$9.8bn
Q3 2019332$11.4bn
Q2 2019305$12.8bn
Q1 2019303$16.3bn
Q4 2018472$10.9bn
Q3 2018354$9.7bn
Q2 2018460$10.0bn
Q1 2018460$10.5bn
Q4 2017245$12.2bn
Q3 2017285$14.9bn
Q2 2017343$10.9bn
Q1 2017236$8.8bn
Q4 2016266$10.5bn
Q3 2016299$10.2bn
Q2 2016339$8.0bn
Q1 2016253$7.9bn
Q4 2015263$7.7bn
Q3 2015430$7.5bn
Q2 2015306$10.8bn
Q1 2015328$12.8bn
Q4 2014335$12.5bn
Q3 2014363$12.8bn
Q2 2014303$13.3bn
Q1 2014339$12.2bn
Q4 2013293$12.5bn
Q3 2013311$11.9bn
Q2 2013323$11.4bn
Q1 2013218$10.8bn
Q4 2012179$9.7bn
Q3 2012202$7.3bn
Q2 2012163$6.6bn
Q1 2012219$6.3bn
Q4 2011223$5.8bn
Q3 2011329$6.0bn
Q2 2011301$6.7bn
Q1 2011316$5.7bn
Q4 2010337$4.9bn
Q3 2010366$5.6bn
Q2 2010359$4.7bn
Q1 2010359$3.8bn
Q4 2009356$2.4bn
Q3 2009353$3.5bn
Q2 2009296$2.5bn
Q1 2009299$2.4bn
Q4 2008324$2.5bn
Q3 2008334$3.4bn
Q2 2008377$4.8bn
Q1 2008429$5.6bn
Q4 2007386$4.0bn
Q3 2007396$2.1bn
Q2 2007337$1.2bn
Q1 2007352$535m
Q4 2006276$379m
Q3 2006265$365m
Q2 2006238$319m
Q1 2006166$425m
Q4 2005136$250m

Where Bridgewater Associates, LP was early

26 rows
IBM INTERNATIONAL BUSINESS MACHSQ1 20062 of 1680.9%1.4%46Exited by Q3 2024+119%
MEOH METHANEX CORPQ3 20061 of 1081.6%1.9%13Exited by Q2 2026+145%
SJR/BEUR SHAW COMMUNICATIONS INCQ3 20063 of 851.1%1.6%28Exited by Q3 2021–
CAE CAE INCQ4 20061 of 771.9%1.9%13Exited by Q4 2025+223%
LUV SOUTHWEST AIRLS COQ2 20071 of 1750.08%1.9%53Held at last filing, Q2 2026+245%
MGA MAGNA INTL INCQ2 20072 of 1011.0%1.0%30Exited by Q1 2026+134%
MSFT MICROSOFT CORPQ2 20074 of 3742.5%3.4%65Held at last filing, Q2 2026+1166%
TER TERADYNE INCQ1 20081 of 1920.4%1.0%24Held at last filing, Q2 2026+3796%
EEM ISHARES TRQ3 20094 of 1341.2%27.3%60Exited by Q4 2024+18%
IVV ISHARES TRQ3 20105 of 830.3%10.6%64Held at last filing, Q2 2026+554%
LQD ISHARES TRQ4 20103 of 1010.6%4.5%63Held at last filing, Q2 2026+0.6%
VWO VANGUARD INTL EQUITY INDEX FQ1 20111 of 5513.3%42.6%62Held at last filing, Q2 2026+22%
EWZ ISHARES INCQ2 20123 of 1191.6%5.3%33Exited by Q1 2025−56%
IEMG ISHARES INCQ3 20161 of 510.6%13.0%40Held at last filing, Q2 2026+82%
EWY ISHARES INCQ3 20164 of 1130.06%2.0%34Held at last filing, Q2 2026+247%
IAU ISHARES GOLD TRQ2 20173 of 490.3%4.5%25Exited by Q3 2023+52%
IEFA ISHARES TRQ2 20173 of 430.5%2.2%23Exited by Q1 2023+1.2%
TIP ISHARES TRQ2 20173 of 511.3%1.8%12Exited by Q2 2020+4.0%
EWT ISHARES INCQ2 20174 of 530.3%1.9%19Exited by Q4 2022+21%
VEA VANGUARD TAX-MANAGED FDSQ2 20174 of 470.5%2.4%23Exited by Q1 2023+1.6%
EFA ISHARES TRQ2 20176 of 780.5%2.4%23Exited by Q1 2023+0.7%
EMB ISHARES TRQ2 20177 of 730.7%2.0%12Exited by Q2 2020−15%
TLT ISHARES TRQ2 201710 of 1300.8%5.5%12Exited by Q2 2020+32%
INDA ISHARES TRQ1 201910 of 910.01%1.8%6Exited by Q3 2020−18%
MCHI ISHARES TRQ2 20193 of 580.2%2.5%24Exited by Q2 2025−8.5%
PDD PDD HOLDINGS INCQ2 201915 of 2050.02%2.2%24Exited by Q2 2025+474%

Concentration and tenure

26.1%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
61.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters