WhaleCreep

Bridgewater Associates, LP 13F holdings, Q4 2012

Hedge fundSEC filingsCompare with another fundHoldings as of 2012-12-31, filed 2013-02-13

Bridgewater Associates, LP disclosed 179 US equity positions worth $9.7bn in its Q4 2012 13F filing. Its largest position is VWO at 31.0% of the reported book, followed by SPY and EEM. Versus Q3 2012 it opened 45 new positions, added to 70, reduced 63 and exited 68.

$9.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
179
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
31.0%
Largest position
The largest single position as a share of the reported equity book.
90.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
4
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 Q3 2012: 45 new, 70 added, 63 reduced, 68 exited

50 of 179
VWO VANGUARD INTL EQUITY INDEX F–31.0%$3.0bn67.38m+37%added
SPY SPDR S&P 500 ETF Trust–29.9%$2.9bn20.30m+11%added
EEM ISHARES TR–26.0%$2.5bn56.74m+70%added
EWZ ISHARES INC–1.6%$160m2.85m+147%added
LQD ISHARES TR–0.5%$44.0m363,755+1.9%added
MSFT MICROSOFT CORPTechnology0.4%$41.5m1.55m+3.9%added
APOLLO ED GROUP INC no ticker–0.4%$38.7m1.85m+88%added
CVS CVS HEALTH CORPHealthcare0.3%$29.6m612,946+1002%added
HEWLETT PACKARD CO no ticker–0.3%$29.4m2.06m−11%reduced
IVV ISHARES TR–0.3%$25.1m175,0000.0%held
CA INC no ticker–0.2%$24.0m1.09m+228%added
STAPLES INC no ticker–0.2%$23.4m2.05m+6.4%added
SAFEWAY INC no ticker–0.2%$21.3m1.18m−55%reduced
QCOM QUALCOMM INCTechnology0.2%$18.9m305,465+600%added
PG PROCTER & GAMBLE COConsumer Defensive0.2%$18.3m268,916–new
XEROX CORP no ticker–0.2%$17.0m2.49m+173%added
E M C CORP MASS no ticker–0.2%$16.9m667,500+429%added
FCX FREEPORT MCMORAN INCBasic Materials0.2%$15.9m465,400+369%added
INTC INTEL CORPTechnology0.2%$15.6m756,153–new
ST JUDE MED INC no ticker–0.2%$15.1m418,456+611%added
DELL INC no ticker–0.1%$14.5m1.43m−62%reduced
ORCL ORACLE CORPTechnology0.1%$14.1m423,798−50%reduced
NVDA NVIDIA CORPORATIONTechnology0.1%$13.8m1.13m+108%added
NEM NEWMONT CORPBasic Materials0.1%$13.7m293,983+215%added
HFCUSD HOLLYFRONTIER CORP–0.1%$13.6m292,251−21%reduced
AVGO BROADCOM CORPTechnology0.1%$13.5m405,775+1490%added
KSS KOHLS CORPConsumer Cyclical0.1%$13.4m310,720+84%added
VLO VALERO ENERGY CORPEnergy0.1%$13.1m384,233+9.1%added
ALLERGAN INC no ticker–0.1%$12.8m139,919−16%reduced
BMC SOFTWARE INC no ticker–0.1%$12.0m303,712+260%added
JNJ JOHNSON & JOHNSONHealthcare0.1%$12.0m170,693−37%reduced
Virgin Media Inc no ticker–0.1%$11.7m319,579−19%reduced
PHM PULTE GROUP INCConsumer Cyclical0.1%$11.6m641,089−14%reduced
CSCO CISCO SYS INCTechnology0.1%$11.6m592,180+20%added
OMC OMNICOM GROUP INCCommunication Services0.1%$11.3m225,567+72%added
KO COCA COLA COConsumer Defensive0.1%$11.2m310,200−6.5%reduced
ELAN PLC no ticker–0.1%$11.1m1.09m+94%added
KR KROGER COConsumer Defensive0.1%$11.1m425,776−32%reduced
TESORO CORP no ticker–0.1%$10.6m241,327−44%reduced
NOC NORTHROP GRUMMAN CORPIndustrials0.1%$10.3m152,600+50%added
VZ VERIZON COMMUNICATIONS INCCommunication Services0.1%$10.3m238,200−47%reduced
IMO IMPERIAL OIL LTDEnergy0.1%$10.3m239,900+48%added
EXC EXELON CORPUtilities0.1%$10.0m335,869+453%added
DIRECTV no ticker–0.10%$9.6m191,772+286%added
ENB ENBRIDGE INCEnergy0.09%$8.8m205,700+32%added
GLW CORNING INCTechnology0.09%$8.7m688,575+271%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.09%$8.4m225,736–new
DLTR DOLLAR TREE INCConsumer Defensive0.09%$8.4m206,822+38%added
TYCO INTERNATIONAL LTD no ticker–0.09%$8.4m286,077+237%added
TRANSCANADA CORP no ticker–0.08%$8.2m174,200+28%added

Exited since Q3 2012

68 rows
YAHOO INC no ticker0.3%$21.0m
BCE BCE INC0.3%$18.9m
MMM 3M CO0.2%$15.0m
EA ELECTRONIC ARTS INC0.2%$14.7m
NUE NUCOR CORP0.2%$12.6m
RCI ROGERS COMMUNICATIONS INC0.2%$11.5m
ATVIEUR ACTIVISION BLIZZARD INC0.2%$10.9m
UTXZ UNITED TECHNOLOGIES CORP0.1%$7.4m
IPG INTERPUBLIC GROUP COS INC0.10%$7.3m
SWK STANLEY BLACK & DECKER INC0.10%$7.3m
CROWN CASTLE INTL CORP no ticker0.08%$5.8m
CMI CUMMINS INC0.07%$5.1m
CRM SALESFORCE INC0.06%$4.7m
CAT CATERPILLAR INC0.06%$4.4m
MSI MOTOROLA SOLUTIONS INC0.06%$4.4m
CTSH COGNIZANT TECHNOLOGY SOLUTIO0.06%$4.2m
URBN URBAN OUTFITTERS INC0.06%$4.2m
BAX BAXTER INTL INC0.05%$3.8m
9990302D APACHE CORP0.05%$3.6m
MCGRAW HILL FINL INC no ticker0.04%$3.2m
BCRUSD BARD C R INC0.04%$3.1m
CLIFFS NAT RES INC no ticker0.04%$3.0m
AKAM AKAMAI TECHNOLOGIES INC0.04%$3.0m
AETNA INC NEW no ticker0.04%$2.7m
GE GENERAL ELECTRIC CO0.03%$2.2m
CLGX CORELOGIC INC0.02%$1.7m
VRSN VERISIGN INC0.02%$1.6m
OIEUR OWENS ILL INC0.02%$1.6m
MLM MARTIN MARIETTA MATLS INC0.02%$1.6m
LMEUR LEGG MASON INC0.02%$1.5m
OSK OSHKOSH CORP0.02%$1.5m
ROCKWELL COLLINS INC no ticker0.02%$1.5m
JAHEUR JARDEN CORP0.02%$1.4m
OII OCEANEERING INTL INC0.02%$1.4m
COOPER COS INC no ticker0.02%$1.4m
WCGEUR WELLCARE HEALTH PLANS INC0.02%$1.4m
HRB BLOCK H & R INC0.02%$1.4m
CORRECTIONS CORP AMER NEW no ticker0.02%$1.3m
Health Management Associates Inc no ticker0.02%$1.3m
AEROPOSTALE no ticker0.02%$1.3m
GNW GENWORTH FINL INC0.02%$1.3m
AAP ADVANCE AUTO PARTS INC0.02%$1.3m
BROCADE COMMUNICATIONS SYS I no ticker0.02%$1.3m
FLEX FLEX LTD0.02%$1.3m
TSCO TRACTOR SUPPLY CO0.02%$1.2m
LAMAR ADVERTISING CO no ticker0.02%$1.2m
CYTEC INDS INC no ticker0.02%$1.1m
CACI CACI INTL INC0.02%$1.1m
HIG HARTFORD INSURANCE GROUP INC0.02%$1.1m
Liberty Global Inc no ticker0.01%$1.0m

Sector mix

  • Unclassified93.4%
  • Technology1.7%
  • Consumer Defensive1.0%
  • Healthcare0.9%
  • Consumer Cyclical0.8%
  • Financial Services0.6%
  • Industrials0.4%
  • Basic Materials0.4%
  • Energy0.4%
  • Communication Services0.2%
  • Utilities0.2%
  • Real Estate0.05%

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