Bridgewater Associates, LP 13F holdings, Q3 2013
Bridgewater Associates, LP disclosed 311 US equity positions worth $11.9bn in its Q3 2013 13F filing. Its largest position is VWO at 34.3% of the reported book, followed by SPY and EEM. Versus Q2 2013 it opened 120 new positions, added to 86, reduced 101 and exited 132.
- $11.9bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 311
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 34.3%
- Largest position The largest single position as a share of the reported equity book.
- 90.6%
- 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 Q2 2013: 120 new, 86 added, 101 reduced, 132 exited
| VWO VANGUARD INTL EQUITY INDEX F | 34.3% | +2.4% | added |
| SPY SPDR S&P 500 ETF Trust | 29.3% | +4.4% | added |
| EEM ISHARES TR | 25.4% | −8.9% | reduced |
| LQD ISHARES TR | 0.3% | 0.0% | held |
| MU MICRON TECHNOLOGY INC | 0.3% | +64% | added |
| IVV ISHARES TR | 0.2% | 0.0% | held |
| ORCL ORACLE CORP | 0.2% | −22% | reduced |
| IBM INTERNATIONAL BUSINESS MACHS | 0.2% | +282% | added |
| ALLERGAN INC no ticker | 0.2% | −9.3% | reduced |
| SU SUNCOR ENERGY INC NEW | 0.2% | −11% | reduced |
| HEWLETT PACKARD CO no ticker | 0.1% | – | new |
| INTC INTEL CORP | 0.1% | +26% | added |
| BAX BAXTER INTL INC | 0.1% | +340% | added |
| SCCO SOUTHERN COPPER CORP | 0.1% | +69% | added |
| RHT1EUR RED HAT INC | 0.1% | +30% | added |
| VLO VALERO ENERGY CORP | 0.1% | −24% | reduced |
| HD HOME DEPOT INC | 0.1% | +58% | added |
| RL RALPH LAUREN CORP | 0.1% | – | new |
| EXPRESS SCRIPTS HLDG CO no ticker | 0.1% | +63% | added |
| ISRG INTUITIVE SURGICAL INC | 0.1% | +246% | added |
| IMO IMPERIAL OIL LTD | 0.1% | −15% | reduced |
| AXP AMERICAN EXPRESS CO | 0.1% | +26% | added |
| GE GENERAL ELECTRIC CO | 0.1% | – | new |
| UNH UNITEDHEALTH GROUP INC | 0.1% | −26% | reduced |
| SYY SYSCO CORP | 0.1% | – | new |
| CAG CONAGRA BRANDS INC | 0.10% | +1168% | added |
| CNQ CANADIAN NAT RES LTD MED TER | 0.10% | −8.1% | reduced |
| AAPL APPLE INC | 0.10% | +143% | added |
| BCE BCE INC | 0.10% | +207% | added |
| CTLEUR CENTURYLINK INC | 0.10% | −4.0% | reduced |
| UTXZ UNITED TECHNOLOGIES CORP | 0.09% | −47% | reduced |
| OXY OCCIDENTAL PETE CORP | 0.09% | +26% | added |
| E M C CORP MASS no ticker | 0.09% | −48% | reduced |
| DIS DISNEY WALT CO | 0.09% | – | new |
| VZ VERIZON COMMUNICATIONS INC | 0.09% | – | new |
| TXN TEXAS INSTRS INC | 0.09% | +37% | added |
| APC3EUR ANADARKO PETE CORP | 0.09% | +66% | added |
| EXMOC EXXON MOBIL CORP | 0.09% | −21% | reduced |
| QCOM QUALCOMM INC | 0.09% | −60% | reduced |
| BRK/B BERKSHIRE HATHAWAY INC DEL | 0.08% | −48% | reduced |
| CVS CVS HEALTH CORP | 0.08% | – | new |
| ROST ROSS STORES INC | 0.08% | +22% | added |
| 18614USD GOLDCORP INC NEW | 0.08% | +7.2% | added |
| ABX BARRICK GOLD CORP | 0.08% | +0.1% | held |
| M Macy's, Inc | 0.07% | +60% | added |
| HFCUSD HOLLYFRONTIER CORP | 0.07% | −48% | reduced |
| COP CONOCOPHILLIPS | 0.07% | −0.5% | held |
| TJX TJX COS INC NEW | 0.07% | +1037% | added |
| URBN URBAN OUTFITTERS INC | 0.07% | +379% | added |
| MET METLIFE INC | 0.07% | +44% | added |
Exited since Q2 2013
| TESORO CORP no ticker | 0.2% | $20.1m |
| BEN FRANKLIN RESOURCES INC | 0.2% | $18.3m |
| CTSH COGNIZANT TECHNOLOGY SOLUTIO | 0.2% | $17.9m |
| MONSANTO CO NEW no ticker | 0.1% | $15.9m |
| MXIM MAXIM INTEGRATED PRODS INC | 0.09% | $10.0m |
| AMGN AMGEN INC | 0.07% | $8.2m |
| XEROX CORP no ticker | 0.07% | $7.5m |
| BBBYEUR BED BATH & BEYOND INC | 0.06% | $7.0m |
| CA INC no ticker | 0.06% | $6.9m |
| NOC NORTHROP GRUMMAN CORP | 0.06% | $6.5m |
| WMT WALMART INC | 0.05% | $6.2m |
| ST JUDE MED INC no ticker | 0.04% | $4.8m |
| PEP PEPSICO INC | 0.04% | $4.3m |
| COCA COLA ENTERPRISES INC NE no ticker | 0.04% | $4.2m |
| GS GOLDMAN SACHS GROUP INC | 0.03% | $4.0m |
| AKAM AKAMAI TECHNOLOGIES INC | 0.03% | $3.9m |
| CPB THE CAMPBELLS COMPANY | 0.03% | $3.9m |
| KSS KOHLS CORP | 0.03% | $3.2m |
| NVDA NVIDIA CORPORATION | 0.03% | $3.0m |
| ALTERA CORP no ticker | 0.03% | $2.9m |
| MSFT MICROSOFT CORP | 0.03% | $2.9m |
| EXPD EXPEDITORS INTL WASH INC | 0.02% | $2.8m |
| FOSL FOSSIL GROUP INC | 0.02% | $2.7m |
| MS MORGAN STANLEY | 0.02% | $2.3m |
| KRAFT FOODS GROUP INC no ticker | 0.02% | $1.9m |
| MYLAN INC no ticker | 0.02% | $1.9m |
| LEUCADIA NATL CORP no ticker | 0.01% | $1.5m |
| LEN LENNAR CORP | 0.01% | $1.4m |
| LUV Southwest Airlines Co. | 0.01% | $1.4m |
| EBAY EBAY INC. | 0.01% | $1.3m |
| META META PLATFORMS INC | 0.01% | $1.2m |
| RTN1USD RAYTHEON CO | 0.01% | $1.2m |
| BNY BANK OF NY MELLON CORP | 0.01% | $1.1m |
| LMT LOCKHEED MARTIN CORP | 0.01% | $1.1m |
| VALSPAR CORP no ticker | 0.01% | $1.1m |
| PSX PHILLIPS 66 | 0.01% | $1.1m |
| WHR WHIRLPOOL CORP | 0.01% | $984k |
| BLK BLACKROCK INC | 0.01% | $925k |
| REGN REGENERON PHARMACEUTICALS | 0.01% | $922k |
| BXP BXP INC | 0.01% | $866k |
| HO1 HOLOGIC INC | 0.01% | $845k |
| TUP TUPPERWARE BRANDS CORP | 0.01% | $839k |
| XECEUR CIMAREX ENERGY CO | 0.01% | $833k |
| AMERICAN CAPITAL AGENCY CORP no ticker | 0.01% | $830k |
| FEDERAL RLTY INVT TR no ticker | 0.01% | $819k |
| MOS MOSAIC CO | 0.01% | $818k |
| MTD METTLER TOLEDO INTERNATIONAL | 0.01% | $805k |
| WDR WADDELL & REED FINL INC | 0.01% | $792k |
| CF CF Industries Holdings Inc | 0.01% | $789k |
| STWD STARWOOD PPTY TR INC | 0.01% | $785k |
| IHS INC no ticker | 0.01% | $762k |
| AVPUSD AVON PRODS INC | 0.01% | $753k |
| MLM MARTIN MARIETTA MATLS INC | 0.01% | $738k |
| O REALTY INCOME CORP | 0.01% | $729k |
| IVZ INVESCO LTD | 0.01% | $693k |
| DREUSD DUKE REALTY CORP | 0.01% | $677k |
| IACIEUR IAC INTERACTIVECORP | 0.01% | $651k |
| NWL NEWELL BRANDS INC | 0.01% | $635k |
| DDR CORP no ticker | 0.01% | $623k |
| AMG AFFILIATED MANAGERS GROUP | 0.01% | $617k |
| SPX CORP no ticker | 0.01% | $604k |
| FBIN FORTUNE BRANDS INNOVATIONS I | 0.01% | $604k |
| TCO TAUBMAN CTRS INC | 0.01% | $599k |
| HCP INC no ticker | 0.01% | $591k |
| KIM KIMCO RLTY CORP | 0.01% | $591k |
| PNW PINNACLE WEST CAP CORP | 0.01% | $577k |
| PSA PUBLIC STORAGE | 0.0% | $567k |
| OKE ONEOK INC NEW | 0.0% | $554k |
| AGCO AGCO CORP | 0.0% | $552k |
| SBAC SBA COMMUNICATIONS CORP | 0.0% | $548k |
| AES AES CORP | 0.0% | $546k |
| WHITING PETE CORP NEW no ticker | 0.0% | $535k |
| RCL ROYAL CARIBBEAN CRUISES LTD | 0.0% | $523k |
| PM PHILIP MORRIS INTL INC | 0.0% | $520k |
| GWRUSD GENESEE & WYO INC | 0.0% | $518k |
| TWO HBRS INVT CORP no ticker | 0.0% | $514k |
| GIS GENERAL MILLS INC | 0.0% | $495k |
| FLS FLOWSERVE CORP | 0.0% | $491k |
| RIG TRANSOCEAN LTD | 0.0% | $488k |
| CABELAS INC no ticker | 0.0% | $479k |
| KMX CARMAX INC | 0.0% | $467k |
| FIS FIDELITY NATL INFORMATION SV | 0.0% | $458k |
| MEAD JOHNSON NUTRITION CO no ticker | 0.0% | $452k |
| VALIDUS HOLDINGS LTD no ticker | 0.0% | $444k |
| ENSCO PLC no ticker | 0.0% | $442k |
| NNN NNN REIT INC | 0.0% | $433k |
| HUN HUNTSMAN CORP | 0.0% | $432k |
| GOOGLE INC no ticker | 0.0% | $431k |
| INTERNATIONAL GAME TECHNOLOG no ticker | 0.0% | $424k |
| AME AMETEK INC | 0.0% | $420k |
| CBL & ASSOC PPTYS INC no ticker | 0.0% | $398k |
| MEADWESTVACO CORP no ticker | 0.0% | $396k |
| FAMILY DLR STORES INC no ticker | 0.0% | $393k |
| PWR QUANTA SVCS INC | 0.0% | $349k |
| TW TELECOM INC no ticker | 0.0% | $343k |
| TRMB TRIMBLE INC | 0.0% | $342k |
| DFSEUR DISCOVER FINL SVCS | 0.0% | $329k |
| L-3 COMMUNICATIONS HLDGS INC no ticker | 0.0% | $326k |
| SLG2EUR SL GREEN RLTY CORP | 0.0% | $326k |
| HILLSHIRE BRANDS CO no ticker | 0.0% | $324k |
| RACKSPACE HOSTING INC no ticker | 0.0% | $322k |
| TAP MOLSON COORS BEVERAGE CO | 0.0% | $321k |
| ACCENTURE PLC IRELAND no ticker | 0.0% | $317k |
| ALB ALBEMARLE CORP | 0.0% | $315k |
| QEP QEP RESOURCES INC | 0.0% | $308k |
| CORRECTIONS CORP AMER NEW no ticker | 0.0% | $304k |
| LEA LEAR CORP | 0.0% | $302k |
| JAHEUR JARDEN CORP | 0.0% | $298k |
| DLR DIGITAL RLTY TR INC | 0.0% | $280k |
| DGX QUEST DIAGNOSTICS INC | 0.0% | $279k |
| RYN RAYONIER INC | 0.0% | $271k |
| RSG REPUBLIC SVCS INC | 0.0% | $269k |
| PALL CORP no ticker | 0.0% | $263k |
| SIGMA ALDRICH CORP no ticker | 0.0% | $260k |
| MAC MACERICH CO | 0.0% | $256k |
| DR PEPPER SNAPPLE GROUP INC no ticker | 0.0% | $253k |
| CONCUR TECHNOLOGIES INC no ticker | 0.0% | $252k |
| MATX MATSON INC | 0.0% | $249k |
| PFG PRINCIPAL FINANCIAL GROUP IN | 0.0% | $247k |
| SNH1EUR SENIOR HSG PPTYS TR | 0.0% | $244k |
| MADISON SQUARE GARDEN CO no ticker | 0.0% | $233k |
| EFX EQUIFAX INC | 0.0% | $230k |
| HRL HORMEL FOODS CORP | 0.0% | $228k |
| APARTMENT INVT & MGMT CO no ticker | 0.0% | $227k |
| OII OCEANEERING INTL INC | 0.0% | $226k |
| L LOEWS CORP | 0.0% | $222k |
| LEVEL 3 COMMUNICATIONS INC no ticker | 0.0% | $215k |
| WISCONSIN ENERGY CORP no ticker | 0.0% | $213k |
| AMP AMERIPRISE FINL INC | 0.0% | $210k |
| DKS DICKS SPORTING GOODS INC | 0.0% | $210k |
| FMC FMC CORP | 0.0% | $208k |
| HRSEUR HARRIS CORP DEL | 0.0% | $207k |
Sector mix
Book over time
Every quarter on file (83)
| Quarter | Positions | Equity book |
|---|---|---|
| Q2 2026 | 997 | $24.4bn |
| Q1 2026 | 993 | $22.4bn |
| Q4 2025 | 1,040 | $27.4bn |
| Q3 2025 | 1,014 | $25.5bn |
| Q2 2025 | 585 | $24.8bn |
| Q1 2025 | 664 | $21.6bn |
| Q4 2024 | 691 | $21.8bn |
| Q3 2024 | 773 | $17.7bn |
| Q2 2024 | 877 | $19.2bn |
| Q1 2024 | 677 | $19.8bn |
| Q4 2023 | 742 | $17.9bn |
| Q3 2023 | 740 | $16.5bn |
| Q2 2023 | 696 | $16.2bn |
| Q1 2023 | 710 | $16.4bn |
| Q4 2022 | 820 | $18.3bn |
| Q3 2022 | 866 | $19.8bn |
| Q2 2022 | 985 | $23.6bn |
| Q1 2022 | 968 | $24.8bn |
| Q4 2021 | 731 | $17.2bn |
| Q3 2021 | 683 | $18.3bn |
| Q2 2021 | 704 | $15.6bn |
| Q1 2021 | 455 | $11.3bn |
| Q4 2020 | 525 | $11.6bn |
| Q3 2020 | 430 | $8.3bn |
| Q2 2020 | 383 | $6.0bn |
| Q1 2020 | 399 | $5.0bn |
| Q4 2019 | 471 | $9.8bn |
| Q3 2019 | 332 | $11.4bn |
| Q2 2019 | 305 | $12.8bn |
| Q1 2019 | 303 | $16.3bn |
| Q4 2018 | 472 | $10.9bn |
| Q3 2018 | 354 | $9.7bn |
| Q2 2018 | 460 | $10.0bn |
| Q1 2018 | 460 | $10.5bn |
| Q4 2017 | 245 | $12.2bn |
| Q3 2017 | 285 | $14.9bn |
| Q2 2017 | 343 | $10.9bn |
| Q1 2017 | 236 | $8.8bn |
| Q4 2016 | 266 | $10.5bn |
| Q3 2016 | 299 | $10.2bn |
| Q2 2016 | 339 | $8.0bn |
| Q1 2016 | 253 | $7.9bn |
| Q4 2015 | 263 | $7.7bn |
| Q3 2015 | 430 | $7.5bn |
| Q2 2015 | 306 | $10.8bn |
| Q1 2015 | 328 | $12.8bn |
| Q4 2014 | 335 | $12.5bn |
| Q3 2014 | 363 | $12.8bn |
| Q2 2014 | 303 | $13.3bn |
| Q1 2014 | 339 | $12.2bn |
| Q4 2013 | 293 | $12.5bn |
| Q3 2013 | 311 | $11.9bn |
| Q2 2013 | 323 | $11.4bn |
| Q1 2013 | 218 | $10.8bn |
| Q4 2012 | 179 | $9.7bn |
| Q3 2012 | 202 | $7.3bn |
| Q2 2012 | 163 | $6.6bn |
| Q1 2012 | 219 | $6.3bn |
| Q4 2011 | 223 | $5.8bn |
| Q3 2011 | 329 | $6.0bn |
| Q2 2011 | 301 | $6.7bn |
| Q1 2011 | 316 | $5.7bn |
| Q4 2010 | 337 | $4.9bn |
| Q3 2010 | 366 | $5.6bn |
| Q2 2010 | 359 | $4.7bn |
| Q1 2010 | 359 | $3.8bn |
| Q4 2009 | 356 | $2.4bn |
| Q3 2009 | 353 | $3.5bn |
| Q2 2009 | 296 | $2.5bn |
| Q1 2009 | 299 | $2.4bn |
| Q4 2008 | 324 | $2.5bn |
| Q3 2008 | 334 | $3.4bn |
| Q2 2008 | 377 | $4.8bn |
| Q1 2008 | 429 | $5.6bn |
| Q4 2007 | 386 | $4.0bn |
| Q3 2007 | 396 | $2.1bn |
| Q2 2007 | 337 | $1.2bn |
| Q1 2007 | 352 | $535m |
| Q4 2006 | 276 | $379m |
| Q3 2006 | 265 | $365m |
| Q2 2006 | 238 | $319m |
| Q1 2006 | 166 | $425m |
| Q4 2005 | 136 | $250m |
Where Bridgewater Associates, LP was early
| IBM INTERNATIONAL BUSINESS MACHS | Q1 2006 | 2 of 168 | 0.9% | Exited by Q3 2024 | +119% |
| MEOH METHANEX CORP | Q3 2006 | 1 of 108 | 1.6% | Exited by Q2 2026 | +145% |
| SJR/BEUR SHAW COMMUNICATIONS INC | Q3 2006 | 3 of 85 | 1.1% | Exited by Q3 2021 | – |
| CAE CAE INC | Q4 2006 | 1 of 77 | 1.9% | Exited by Q4 2025 | +223% |
| LUV SOUTHWEST AIRLS CO | Q2 2007 | 1 of 175 | 0.08% | Held at last filing, Q2 2026 | +245% |
| MGA MAGNA INTL INC | Q2 2007 | 2 of 101 | 1.0% | Exited by Q1 2026 | +134% |
| MSFT MICROSOFT CORP | Q2 2007 | 4 of 374 | 2.5% | Held at last filing, Q2 2026 | +1166% |
| TER TERADYNE INC | Q1 2008 | 1 of 192 | 0.4% | Held at last filing, Q2 2026 | +3796% |
| EEM ISHARES TR | Q3 2009 | 4 of 134 | 1.2% | Exited by Q4 2024 | +18% |
| IVV ISHARES TR | Q3 2010 | 5 of 83 | 0.3% | Held at last filing, Q2 2026 | +554% |
| LQD ISHARES TR | Q4 2010 | 3 of 101 | 0.6% | Held at last filing, Q2 2026 | +0.6% |
| VWO VANGUARD INTL EQUITY INDEX F | Q1 2011 | 1 of 55 | 13.3% | Held at last filing, Q2 2026 | +22% |
| EWZ ISHARES INC | Q2 2012 | 3 of 119 | 1.6% | Exited by Q1 2025 | −56% |
| IEMG ISHARES INC | Q3 2016 | 1 of 51 | 0.6% | Held at last filing, Q2 2026 | +82% |
| EWY ISHARES INC | Q3 2016 | 4 of 113 | 0.06% | Held at last filing, Q2 2026 | +247% |
| IAU ISHARES GOLD TR | Q2 2017 | 3 of 49 | 0.3% | Exited by Q3 2023 | +52% |
| IEFA ISHARES TR | Q2 2017 | 3 of 43 | 0.5% | Exited by Q1 2023 | +1.2% |
| TIP ISHARES TR | Q2 2017 | 3 of 51 | 1.3% | Exited by Q2 2020 | +4.0% |
| EWT ISHARES INC | Q2 2017 | 4 of 53 | 0.3% | Exited by Q4 2022 | +21% |
| VEA VANGUARD TAX-MANAGED FDS | Q2 2017 | 4 of 47 | 0.5% | Exited by Q1 2023 | +1.6% |
| EFA ISHARES TR | Q2 2017 | 6 of 78 | 0.5% | Exited by Q1 2023 | +0.7% |
| EMB ISHARES TR | Q2 2017 | 7 of 73 | 0.7% | Exited by Q2 2020 | −15% |
| TLT ISHARES TR | Q2 2017 | 10 of 130 | 0.8% | Exited by Q2 2020 | +32% |
| INDA ISHARES TR | Q1 2019 | 10 of 91 | 0.01% | Exited by Q3 2020 | −18% |
| MCHI ISHARES TR | Q2 2019 | 3 of 58 | 0.2% | Exited by Q2 2025 | −8.5% |
| PDD PDD HOLDINGS INC | Q2 2019 | 15 of 205 | 0.02% | Exited 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