Bridgewater Associates, LP 13F holdings, Q4 2014
Bridgewater Associates, LP disclosed 335 US equity positions worth $12.5bn in its Q4 2014 13F filing. Its largest position is VWO at 37.1% of the reported book, followed by SPY and EEM. Versus Q3 2014 it opened 94 new positions, added to 143, reduced 93 and exited 122.
- $12.5bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 335
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 37.1%
- Largest position The largest single position as a share of the reported equity book.
- 88.9%
- 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 2014: 94 new, 143 added, 93 reduced, 122 exited
| VWO VANGUARD INTL EQUITY INDEX F | 37.1% | +4.8% | added |
| SPY SPDR S&P 500 ETF Trust | 25.2% | −11% | reduced |
| EEM ISHARES TR | 24.6% | −1.9% | reduced |
| LQD ISHARES TR | 0.4% | 0.0% | held |
| GILD GILEAD SCIENCES INC | 0.4% | +122% | added |
| IVV ISHARES TR | 0.3% | 0.0% | held |
| AAPL APPLE INC | 0.2% | −52% | reduced |
| MSFT MICROSOFT CORP | 0.2% | +4004% | added |
| INTC INTEL CORP | 0.2% | +1.9% | added |
| IBM INTERNATIONAL BUSINESS MACHS | 0.2% | −14% | reduced |
| EMN EASTMAN CHEMICAL CO | 0.2% | +419% | added |
| POT1EUR POTASH CORP SASK INC | 0.2% | – | new |
| DVN DEVON ENERGY CORP NEW | 0.2% | +77% | added |
| 18614USD GOLDCORP INC NEW | 0.2% | +43% | added |
| RITE AID CORP no ticker | 0.1% | +17% | added |
| ABX BARRICK GOLD CORP | 0.1% | +50% | added |
| ENSCO PLC no ticker | 0.1% | +281% | added |
| VMWEUR VMWARE INC | 0.1% | +512% | added |
| PRECISION CASTPARTS CORP no ticker | 0.1% | +91% | added |
| SWN1EUR SOUTHWESTERN ENERGY CO | 0.1% | +168% | added |
| USX1 UNITED STATES STL CORP NEW | 0.1% | – | new |
| XLNXEUR XILINX INC | 0.1% | +76% | added |
| QCOM QUALCOMM INC | 0.1% | −4.3% | reduced |
| AMERICAN CAPITAL AGENCY CORP no ticker | 0.1% | +2516% | added |
| CTXSEUR CITRIX SYS INC | 0.1% | +209% | added |
| COP CONOCOPHILLIPS | 0.1% | +22% | added |
| RIO RIO TINTO PLC | 0.1% | +23% | added |
| CVX CHEVRON CORPORATION | 0.1% | +19% | added |
| OXY OCCIDENTAL PETE CORP | 0.1% | +30% | added |
| EXMOC EXXON MOBIL CORP | 0.1% | +9.7% | added |
| BP BP PLC | 0.1% | +24% | added |
| VLO VALERO ENERGY CORP | 0.1% | +41% | added |
| DNREUR DENBURY RES INC | 0.1% | +212% | added |
| PBR PETROLEO BRASILEIRO S A | 0.1% | +128% | added |
| MU MICRON TECHNOLOGY INC | 0.1% | −15% | reduced |
| GLW CORNING INC | 0.1% | +25% | added |
| BHP BHP BILLITON LIMITED | 0.1% | +36% | added |
| WU WESTERN UN CO | 0.1% | +6.3% | added |
| GE GENERAL ELECTRIC CO | 0.1% | +10% | added |
| EOG EOG Resources Inc | 0.10% | +31% | added |
| MCHP MICROCHIP TECHNOLOGY INC. | 0.09% | +127% | added |
| LUV Southwest Airlines Co. | 0.09% | +64% | added |
| AVGO BROADCOM CORP | 0.09% | +82% | added |
| SU SUNCOR ENERGY INC NEW | 0.09% | −7.2% | reduced |
| ALTERA CORP no ticker | 0.09% | +175% | added |
| WYNN WYNN RESORTS LTD | 0.09% | – | new |
| TXN TEXAS INSTRS INC | 0.09% | −14% | reduced |
| CTSH COGNIZANT TECHNOLOGY SOLUTIO | 0.09% | +34% | added |
| CNP CENTERPOINT ENERGY INC | 0.08% | – | new |
| SILVER WHEATON CORP no ticker | 0.08% | +32% | added |
Exited since Q3 2014
| UPS UNITED PARCEL SERVICE INC | 0.1% | $14.7m |
| KO COCA COLA CO | 0.1% | $14.7m |
| KMB KIMBERLY-CLARK CORP | 0.09% | $12.1m |
| HEWLETT PACKARD CO no ticker | 0.07% | $9.4m |
| CSCO CISCO SYS INC | 0.06% | $7.9m |
| CBS CORP NEW no ticker | 0.06% | $7.4m |
| MNST MONSTER BEVERAGE CORP | 0.06% | $7.1m |
| MMM 3M CO | 0.05% | $6.4m |
| EBAY EBAY INC. | 0.04% | $5.5m |
| BA BOEING CO | 0.04% | $4.7m |
| PPG PPG INDS INC | 0.04% | $4.5m |
| CREE INC no ticker | 0.03% | $3.4m |
| ANF ABERCROMBIE & FITCH CO | 0.03% | $3.4m |
| ENB ENBRIDGE INC | 0.02% | $3.2m |
| TROW PRICE T ROWE GROUP INC | 0.02% | $3.1m |
| TRANSCANADA CORP no ticker | 0.02% | $2.9m |
| STZ CONSTELLATION BRANDS INC | 0.02% | $2.6m |
| TIFEUR TIFFANY & CO NEW | 0.02% | $2.1m |
| HP HELMERICH & PAYNE INC | 0.02% | $2.0m |
| ROWAN COMPANIES PLC no ticker | 0.01% | $1.9m |
| VTR VENTAS INC | 0.01% | $1.8m |
| TALISMAN ENERGY INC no ticker | 0.01% | $1.6m |
| DOV DOVER CORP | 0.01% | $1.5m |
| VFC V F CORP | 0.01% | $1.5m |
| SM SM ENERGY COMPANY | 0.01% | $1.4m |
| META META PLATFORMS INC | 0.01% | $1.4m |
| LEA LEAR CORP | 0.01% | $1.4m |
| DAL DELTA AIR LINES INC | 0.01% | $1.3m |
| TRMB TRIMBLE INC | 0.01% | $1.3m |
| RL RALPH LAUREN CORP | 0.01% | $1.3m |
| JECUSD JACOBS ENGR GROUP INC | 0.01% | $1.3m |
| DELPHI AUTOMOTIVE PLC no ticker | 0.01% | $1.2m |
| KMX CARMAX INC | 0.01% | $1.2m |
| TXT TEXTRON INC | 0.01% | $1.1m |
| ALV AUTOLIV INC | 0.01% | $1.1m |
| COF CAPITAL ONE FINL CORP | 0.01% | $1.1m |
| DDR CORP no ticker | 0.01% | $1.1m |
| XEROX CORP no ticker | 0.01% | $1.1m |
| HCP INC no ticker | 0.01% | $965k |
| IAG IAMGOLD CORP | 0.01% | $959k |
| AEP AMERICAN ELEC PWR CO INC | 0.01% | $940k |
| PKG PACKAGING CORP AMER | 0.01% | $925k |
| WLK WESTLAKE CORPORATION | 0.01% | $924k |
| CORE LABORATORIES N V no ticker | 0.01% | $871k |
| HMY HARMONY GOLD MNG LTD | 0.01% | $860k |
| DISCKUSD DISCOVERY INC | 0.01% | $857k |
| COMPUTER SCIENCES CORP no ticker | 0.01% | $855k |
| IDXX IDEXX LABS INC | 0.01% | $838k |
| FLS FLOWSERVE CORP | 0.01% | $837k |
| TOWERS WATSON & CO no ticker | 0.01% | $834k |
| AGI ALAMOS GOLD INC | 0.01% | $792k |
| VRSK VERISK ANALYTICS INC | 0.01% | $760k |
| SNH1EUR SENIOR HSG PPTYS TR | 0.01% | $710k |
| STAPLES INC no ticker | 0.01% | $700k |
| AVY AVERY DENNISON CORP | 0.01% | $683k |
| AGCO AGCO CORP | 0.01% | $679k |
| AVBC AVALONBAY CMNTYS INC | 0.01% | $677k |
| BTU PEABODY ENERGY CORP | 0.01% | $644k |
| TRV TRAVELERS COMPANIES INC | 0.0% | $637k |
| ADT THE ADT CORPORATION | 0.0% | $599k |
| SLG2EUR SL GREEN RLTY CORP | 0.0% | $598k |
| STWD STARWOOD PPTY TR INC | 0.0% | $593k |
| CB CHUBB CORP | 0.0% | $565k |
| BMY BRISTOL-MYERS SQUIBB CO | 0.0% | $523k |
| OII OCEANEERING INTL INC | 0.0% | $523k |
| COVANCE INC no ticker | 0.0% | $507k |
| ALL ALLSTATE CORP | 0.0% | $500k |
| LPTUSD LIBERTY PPTY TR | 0.0% | $496k |
| XEL XCEL ENERGY INC | 0.0% | $483k |
| FREESCALE SEMICONDUCTOR LTD no ticker | 0.0% | $477k |
| COLFAX CORP no ticker | 0.0% | $459k |
| ARCC ARES CAPITAL CORP | 0.0% | $452k |
| AN AUTONATION INC | 0.0% | $448k |
| SENSATA TECHNOLOGIES HLDG NV no ticker | 0.0% | $445k |
| AME AMETEK INC | 0.0% | $444k |
| EIX EDISON INTL | 0.0% | $444k |
| XL GROUP PLC no ticker | 0.0% | $442k |
| BKR BAKER HUGHES INC | 0.0% | $436k |
| AMT AMERICAN TOWER CORP | 0.0% | $429k |
| T AT&T INC | 0.0% | $412k |
| O REALTY INCOME CORP | 0.0% | $406k |
| FLT1EUR FLEETCOR TECHNOLOGIES INC | 0.0% | $384k |
| EXC EXELON CORP | 0.0% | $381k |
| IVZ INVESCO LTD | 0.0% | $379k |
| SJM SMUCKER J M CO | 0.0% | $374k |
| DUK DUKE ENERGY CORP NEW | 0.0% | $361k |
| UNM UNUM GROUP | 0.0% | $358k |
| TRIP TRIPADVISOR INC | 0.0% | $357k |
| WAT WATERS CORP | 0.0% | $357k |
| VNO VORNADO RLTY TR | 0.0% | $356k |
| OMNICARE INC no ticker | 0.0% | $351k |
| PBCTEUR PEOPLES UNITED FINANCIAL INC | 0.0% | $349k |
| HIG HARTFORD INSURANCE GROUP INC | 0.0% | $345k |
| SUPERIOR ENERGY SVCS INC no ticker | 0.0% | $329k |
| KIM KIMCO RLTY CORP | 0.0% | $320k |
| ROCK-TENN CO no ticker | 0.0% | $313k |
| EQR EQUITY RESIDENTIAL | 0.0% | $310k |
| CMS CMS ENERGY CORP | 0.0% | $305k |
| GNW GENWORTH FINL INC | 0.0% | $300k |
| WDR WADDELL & REED FINL INC | 0.0% | $299k |
| NNN NNN REIT INC | 0.0% | $297k |
| INGR INGREDION INC | 0.0% | $296k |
| BXP BXP INC | 0.0% | $289k |
| VMC VULCAN MATLS CO | 0.0% | $289k |
| FISV FISERV INC | 0.0% | $282k |
| INFORMATICA CORP no ticker | 0.0% | $277k |
| AMG AFFILIATED MANAGERS GROUP | 0.0% | $266k |
| HSIC HENRY SCHEIN INC | 0.0% | $262k |
| FEDERAL RLTY INVT TR no ticker | 0.0% | $249k |
| DDS DILLARDS INC | 0.0% | $240k |
| SGENEUR SEATTLE GENETICS INC | 0.0% | $228k |
| GHC GRAHAM HLDGS CO | 0.0% | $222k |
| PWR QUANTA SVCS INC | 0.0% | $221k |
| TECHNE CORP no ticker | 0.0% | $215k |
| L-3 COMMUNICATIONS HLDGS INC no ticker | 0.0% | $209k |
| MO ALTRIA GROUP INC | 0.0% | $207k |
| TUP TUPPERWARE BRANDS CORP | 0.0% | $207k |
| RS RELIANCE INC | 0.0% | $205k |
| ENERGEN CORP no ticker | 0.0% | $204k |
| MPC Marathon Petroleum Corp | 0.0% | $203k |
| CVCEUR CABLEVISION SYS CORP | 0.0% | $186k |
| GRPN GROUPON INC | 0.0% | $180k |
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