WhaleCreep

Bridgewater Associates, LP 13F holdings, Q3 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-09-30, filed 2014-11-12

Bridgewater Associates, LP disclosed 363 US equity positions worth $12.8bn in its Q3 2014 13F filing. Its largest position is VWO at 36.0% of the reported book, followed by SPY and EEM. Versus Q2 2014 it opened 152 new positions, added to 111, reduced 94 and exited 92.

$12.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
363
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
36.0%
Largest position
The largest single position as a share of the reported equity book.
90.4%
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 2014: 152 new, 111 added, 94 reduced, 92 exited

50 of 363
VWO VANGUARD INTL EQUITY INDEX F–36.0%$4.6bn110.88m+1.7%added
SPY SPDR S&P 500 ETF Trust–26.5%$3.4bn17.27m−9.6%reduced
EEM ISHARES TR–25.9%$3.3bn80.06m+6.0%added
AAPL APPLE INCTechnology0.4%$54.0m535,897−6.3%reduced
LQD ISHARES TR–0.4%$50.2m424,7550.0%held
IVV ISHARES TR–0.3%$34.7m175,0000.0%held
IBM INTERNATIONAL BUSINESS MACHSTechnology0.3%$32.5m171,240−18%reduced
GILD GILEAD SCIENCES INCHealthcare0.2%$25.7m241,521−31%reduced
INTC INTEL CORPTechnology0.2%$24.2m696,003−38%reduced
JNP JUNIPER NETWORKS INC–0.2%$22.5m1.01m−13%reduced
UTXZ UNITED TECHNOLOGIES CORP–0.2%$22.1m209,460+207%added
ADI ANALOG DEVICES INCTechnology0.2%$20.3m410,609+226%added
CA INC no ticker–0.2%$19.8m708,197+168%added
AXP AMERICAN EXPRESS COFinancial Services0.2%$19.6m224,123–new
FOSL FOSSIL GROUP INCConsumer Cyclical0.1%$19.0m201,898+195%added
18614USD GOLDCORP INC NEW–0.1%$16.9m734,361+39%added
ABX BARRICK GOLD CORPFinancial Services0.1%$16.3m1.11m+45%added
QCOM QUALCOMM INCTechnology0.1%$15.1m202,065+15%added
MU MICRON TECHNOLOGY INCTechnology0.1%$14.8m430,874−37%reduced
UPS UNITED PARCEL SERVICE INCIndustrials0.1%$14.7m149,364–new
KO COCA COLA COConsumer Defensive0.1%$14.7m343,474−1.0%reduced
SU SUNCOR ENERGY INC NEWEnergy0.1%$14.0m386,400−35%reduced
VZ VERIZON COMMUNICATIONS INCCommunication Services0.1%$13.2m263,365−45%reduced
DVN DEVON ENERGY CORP NEWEnergy0.10%$12.6m185,039+152%added
COP CONOCOPHILLIPSEnergy0.10%$12.6m164,100−9.0%reduced
OXY OCCIDENTAL PETE CORPEnergy0.10%$12.5m129,800−20%reduced
EXMOC EXXON MOBIL CORP–0.10%$12.4m131,400−24%reduced
BP BP PLCEnergy0.10%$12.3m279,300+9.7%added
CVX CHEVRON CORPORATIONEnergy0.10%$12.3m102,800+6.6%added
PHM PULTE GROUP INCConsumer Cyclical0.10%$12.2m693,514+15%added
KMB KIMBERLY-CLARK CORPConsumer Defensive0.09%$12.1m112,198–new
RIO RIO TINTO PLCBasic Materials0.09%$12.0m243,600+9.6%added
BHP BHP BILLITON LIMITEDBasic Materials0.09%$11.8m199,911+16%added
GE GENERAL ELECTRIC COIndustrials0.09%$11.7m457,600−51%reduced
TXN TEXAS INSTRS INCTechnology0.09%$11.1m233,680−32%reduced
PBR PETROLEO BRASILEIRO S AEnergy0.09%$11.1m783,600−8.4%reduced
CNQ CANADIAN NAT RES LTD MED TEREnergy0.09%$11.0m281,900−35%reduced
WU WESTERN UN COFinancial Services0.08%$10.8m675,389+30%added
IMO IMPERIAL OIL LTDEnergy0.08%$10.6m223,800−34%reduced
VALE VALE S ABasic Materials0.08%$10.4m942,100+8.0%added
RITE AID CORP no ticker–0.08%$10.3m2.12m+808%added
IPG INTERPUBLIC GROUP COS INC–0.08%$10.2m554,747+135%added
EOG EOG Resources IncEnergy0.08%$10.1m102,300−39%reduced
NEM NEWMONT CORPBasic Materials0.08%$9.9m431,226+2.4%added
APC3EUR ANADARKO PETE CORP–0.07%$9.5m93,500+7.6%added
HEWLETT PACKARD CO no ticker–0.07%$9.4m265,200+6.3%added
ORCL ORACLE CORPTechnology0.07%$9.2m241,182−53%reduced
AFL AFLAC INCFinancial Services0.07%$9.1m155,685+175%added
JNJ JOHNSON & JOHNSONHealthcare0.07%$9.0m84,193+28%added
WHOLE FOODS MKT INC no ticker–0.07%$8.9m232,521−51%reduced

Exited since Q2 2014

92 rows
CAG CONAGRA BRANDS INC0.10%$12.8m
CCL CARNIVAL CORP0.09%$12.0m
HEALTH CARE REIT INC no ticker0.09%$11.6m
RTN1USD RAYTHEON CO0.06%$7.4m
LRCX LAM RESEARCH CORP0.05%$6.9m
CERNCHF CERNER CORP0.05%$6.3m
ADBE ADOBE INC0.05%$6.3m
WHR WHIRLPOOL CORP0.05%$6.2m
MGM MGM RESORTS INTERNATIONAL0.04%$5.5m
DOW CHEM CO no ticker0.04%$5.2m
PG PROCTER & GAMBLE CO0.04%$4.9m
POT1EUR POTASH CORP SASK INC0.04%$4.7m
NOC NORTHROP GRUMMAN CORP0.03%$4.3m
STARWOOD HOTELS&RESORTS WRLD no ticker0.03%$4.2m
WYNN WYNN RESORTS LTD0.03%$4.2m
ALXN ALEXION PHARMACEUTICALS INC0.03%$4.1m
MHK MOHAWK INDS INC0.03%$4.1m
FMC FMC CORP0.03%$3.9m
KLAC KLA CORP0.03%$3.7m
LMT LOCKHEED MARTIN CORP0.03%$3.6m
SLB SLB LIMITED0.02%$3.1m
JOY GLOBAL INC no ticker0.02%$3.0m
ED CONSOLIDATED EDISON INC0.02%$2.6m
PAYX PAYCHEX INC0.02%$2.5m
TSCO TRACTOR SUPPLY CO0.02%$2.4m
OC Owens Corning Inc0.02%$2.1m
HAL HALLIBURTON CO0.02%$2.1m
SNDK SANDISK CORP0.02%$2.1m
WELLPOINT INC no ticker0.02%$2.0m
CF CF Industries Holdings Inc0.02%$2.0m
TEX Terex Corp0.02%$2.0m
DLTR DOLLAR TREE INC0.01%$1.9m
TKR TIMKEN CO0.01%$1.9m
ITW ILLINOIS TOOL WKS INC0.01%$1.8m
KSUEUR KANSAS CITY SOUTHERN0.01%$1.8m
DISCAUSD DISCOVERY INC0.01%$1.8m
AGRIUM INC no ticker0.01%$1.7m
VMI VALMONT INDS INC0.01%$1.6m
DHR DANAHER CORP DEL0.01%$1.6m
ETR ENTERGY CORP NEW0.01%$1.6m
ICE INTERCONTINENTAL EXCHANGE IN0.01%$1.4m
COBALT INTL ENERGY INC no ticker0.01%$1.4m
PTEN PATTERSON-UTI ENERGY INC0.01%$1.3m
DIS DISNEY WALT CO0.01%$1.2m
PNR PENTAIR PLC0.01%$1.0m
PSX PHILLIPS 660.01%$945k
LKQ LKQ CORP0.01%$876k
CAH CARDINAL HEALTH INC0.01%$743k
MSI MOTOROLA SOLUTIONS INC0.01%$736k
ABT ABBOTT LABORATORIES0.01%$724k

Sector mix

  • Unclassified92.5%
  • Technology2.0%
  • Energy1.2%
  • Basic Materials0.9%
  • Consumer Cyclical0.8%
  • Financial Services0.7%
  • Industrials0.6%
  • Healthcare0.6%
  • Consumer Defensive0.4%
  • Communication Services0.1%
  • Real Estate0.08%
  • Utilities0.08%

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