WhaleCreep

Bridgewater Associates, LP 13F holdings, Q4 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-12-31, filed 2014-02-12

Bridgewater Associates, LP disclosed 293 US equity positions worth $12.5bn in its Q4 2013 13F filing. Its largest position is VWO at 33.7% of the reported book, followed by SPY and EEM. Versus Q3 2013 it opened 68 new positions, added to 160, reduced 61 and exited 86.

$12.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
293
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
33.7%
Largest position
The largest single position as a share of the reported equity book.
89.7%
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 2013: 68 new, 160 added, 61 reduced, 86 exited

50 of 293
VWO VANGUARD INTL EQUITY INDEX F–33.7%$4.2bn102.10m+0.5%held
SPY SPDR S&P 500 ETF Trust–28.4%$3.5bn19.19m−7.3%reduced
EEM ISHARES TR–26.0%$3.2bn77.42m+4.7%added
LQD ISHARES TR–0.3%$43.1m377,355+3.7%added
IVV ISHARES TR–0.3%$32.5m175,0000.0%held
IBM INTERNATIONAL BUSINESS MACHSTechnology0.3%$31.5m167,820+36%added
ORCL ORACLE CORPTechnology0.2%$24.1m629,782−17%reduced
PEP PEPSICO INCConsumer Defensive0.2%$23.8m286,977–new
CTXSEUR CITRIX SYS INC–0.2%$23.3m368,637+280%added
AAPL APPLE INCTechnology0.2%$23.2m41,371+70%added
VZ VERIZON COMMUNICATIONS INCCommunication Services0.2%$22.5m457,624+99%added
VTR VENTAS INCReal Estate0.2%$20.4m356,227+282%added
SU SUNCOR ENERGY INC NEWEnergy0.1%$18.6m531,300+4.9%added
AXP AMERICAN EXPRESS COFinancial Services0.1%$18.2m200,437+23%added
AVGO BROADCOM CORPTechnology0.1%$18.0m608,828+323%added
UTXZ UNITED TECHNOLOGIES CORP–0.1%$17.9m157,560+52%added
HEALTH CARE REIT INC no ticker–0.1%$17.5m325,964+1764%added
LVS LAS VEGAS SANDS CORPConsumer Cyclical0.1%$17.1m217,084–new
DVN DEVON ENERGY CORP NEWEnergy0.1%$16.0m259,138+266%added
ISRG INTUITIVE SURGICAL INCHealthcare0.1%$15.3m39,898+11%added
ABX BARRICK GOLD CORPFinancial Services0.1%$15.3m866,200+81%added
MSFT MICROSOFT CORPTechnology0.1%$15.2m406,800–new
MU MICRON TECHNOLOGY INCTechnology0.1%$14.4m664,217−67%reduced
18614USD GOLDCORP INC NEW–0.1%$14.4m664,407+92%added
QCOM QUALCOMM INCTechnology0.1%$14.3m192,065+27%added
EXMOC EXXON MOBIL CORP–0.1%$13.4m132,671+12%added
OXY OCCIDENTAL PETE CORPEnergy0.1%$13.3m140,300+18%added
BAX BAXTER INTL INCHealthcare0.1%$13.1m188,663−25%reduced
MXIM MAXIM INTEGRATED PRODS INC–0.1%$12.9m463,510–new
HEWLETT PACKARD CO no ticker–0.1%$12.9m461,800−45%reduced
IMO IMPERIAL OIL LTDEnergy0.1%$12.8m288,900+0.9%added
APC3EUR ANADARKO PETE CORP–0.1%$12.8m161,200+45%added
RIO RIO TINTO PLCBasic Materials0.1%$12.7m224,600+41%added
CNQ CANADIAN NAT RES LTD MED TEREnergy0.1%$12.7m374,200+1.5%added
BP BP PLCEnergy0.1%$12.6m258,900+50%added
ATVIEUR ACTIVISION BLIZZARD INC–0.10%$12.3m690,089–new
FOREST LABS INC no ticker–0.10%$12.1m201,461–new
CVX CHEVRON CORPORATIONEnergy0.10%$12.0m96,100+63%added
CHKEUR CHESAPEAKE ENERGY CORP–0.09%$11.6m426,969+449%added
CSCO CISCO SYS INCTechnology0.09%$11.6m516,580+47%added
BHP BHP BILLITON LIMITEDBasic Materials0.09%$11.5m169,311+50%added
COP CONOCOPHILLIPSEnergy0.09%$11.3m159,500+29%added
KO COCA COLA COConsumer Defensive0.09%$11.2m270,674+154%added
VALE VALE S ABasic Materials0.09%$11.2m731,200+52%added
E M C CORP MASS no ticker–0.09%$11.1m441,962+2.9%added
PBR PETROLEO BRASILEIRO S AEnergy0.08%$10.5m761,800+50%added
PG PROCTER & GAMBLE COConsumer Defensive0.08%$10.5m128,531–new
JNJ JOHNSON & JOHNSONHealthcare0.08%$10.4m113,193+315%added
BCE BCE INCCommunication Services0.08%$10.2m236,200−12%reduced
EXPRESS SCRIPTS HLDG CO no ticker–0.08%$10.0m142,688−35%reduced

Exited since Q3 2013

86 rows
VLO VALERO ENERGY CORP0.1%$14.2m
GE GENERAL ELECTRIC CO0.1%$12.2m
UNH UNITEDHEALTH GROUP INC0.1%$12.0m
DIS DISNEY WALT CO0.09%$10.9m
BRK/B BERKSHIRE HATHAWAY INC DEL0.08%$9.9m
CVS CVS HEALTH CORP0.08%$9.9m
ROST ROSS STORES INC0.08%$9.5m
URBN URBAN OUTFITTERS INC0.07%$8.3m
MET METLIFE INC0.07%$8.2m
LINEAR TECHNOLOGY CORP no ticker0.07%$8.2m
PRECISION CASTPARTS CORP no ticker0.06%$7.0m
LOW LOWES COS INC0.06%$6.8m
PRU PRUDENTIAL FINL INC0.05%$5.7m
LBEUR L BRANDS INC0.04%$5.3m
DLTR DOLLAR TREE INC0.04%$5.1m
NLYEUR ANNALY CAPITAL MANAGEMENT IN0.04%$5.1m
TYCO INTERNATIONAL LTD no ticker0.04%$5.0m
WELLPOINT INC no ticker0.04%$4.9m
PXGBX PRAXAIR INC0.04%$4.6m
MPC Marathon Petroleum Corp0.04%$4.5m
F FORD MTR CO0.04%$4.4m
AFL AFLAC INC0.04%$4.4m
WFC WELLS FARGO & CO0.04%$4.4m
JPM JPMORGAN CHASE & CO0.04%$4.3m
CIGNA CORPORATION no ticker0.04%$4.3m
C CITIGROUP INC0.03%$4.1m
ABT ABBOTT LABORATORIES0.03%$3.9m
BAC BANK OF AMER CORP0.03%$3.7m
99803EUR LABORATORY CORP AMER HLDGS0.03%$3.6m
BWA BORGWARNER INC0.03%$3.3m
SO SOUTHERN CO0.03%$3.1m
ROCK-TENN CO no ticker0.03%$3.0m
AIG American International Group0.02%$2.8m
SEE1GBP SEALED AIR CORP NEW0.02%$2.8m
HUM HUMANA INC0.02%$2.7m
CB CHUBB CORP0.02%$2.5m
ZION ZIONS BANCORPORATION NATL AS0.02%$2.2m
SAFEWAY INC no ticker0.02%$2.0m
RF REGIONS FINANCIAL CORP NEW0.02%$1.8m
EW EDWARDS LIFESCIENCES CORP0.02%$1.8m
SPG SIMON PPTY GROUP INC NEW0.01%$1.8m
NUE NUCOR CORP0.01%$1.7m
TSN TYSON FOODS INC0.01%$1.5m
CMI CUMMINS INC0.01%$1.5m
USB US BANCORP0.01%$1.5m
AA ALCOA INC0.01%$1.5m
ADI ANALOG DEVICES INC0.01%$1.4m
DISH DISH NETWORK CORPORATION0.01%$1.3m
JOHNSON CTLS INC no ticker0.01%$1.2m
CLX CLOROX CO DEL0.01%$1.1m

Sector mix

  • Unclassified92.1%
  • Technology2.0%
  • Energy1.4%
  • Consumer Cyclical0.9%
  • Basic Materials0.8%
  • Healthcare0.7%
  • Communication Services0.5%
  • Financial Services0.5%
  • Consumer Defensive0.5%
  • Industrials0.3%
  • Real Estate0.3%
  • Utilities0.1%

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