Funds › Bridgewater Associates, LP › Q2 2016Bridgewater Associates, LP 13F holdings, Q2 2016 Bridgewater Associates, LP disclosed 339 US equity positions worth $8.0bn in its Q2 2016 13F filing. Its largest position is VWO at 30.9% of the reported book, followed by SPY and EEM. Versus Q1 2016 it opened 138 new positions, added to 91, reduced 104 and exited 52.
$8.0bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
339 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
30.9% Largest position The largest single position as a share of the reported equity book.
79.4% Top 10 weight The ten largest positions together, as a share of the reported equity book.
5 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 Q1 2016: 138 new , 91 added , 104 reduced , 52 exited
50 of 339 Show all 339
Stock Sector Weight Value Shares Δ shares Action VWO VANGUARD INTL EQUITY INDEX F – 30.9% $2.5bn 70.00m −6.5% reduced SPY SPDR S&P 500 ETF Trust – 26.8% $2.1bn 10.22m −1.0% reduced EEM ISHARES TR – 16.5% $1.3bn 38.19m −11% reduced EWZ ISHARES INC – 1.6% $125m 4.16m +308% added LQD ISHARES TR – 1.4% $110m 897,555 +6.3% added ABX BARRICK GOLD CORP Financial Services 0.6% $45.1m 2.11m +75% added IVV ISHARES TR – 0.5% $36.8m 175,000 0.0% held 18614USD GOLDCORP INC NEW – 0.4% $32.9m 1.72m +78% added BFH BREAD FINANCIAL HOLDINGS INC Financial Services 0.4% $32.8m 167,251 +55% added INTC INTEL CORP Technology 0.4% $32.4m 988,043 +0.2% held GILD GILEAD SCIENCES INC Healthcare 0.4% $31.3m 374,672 +50% added LYONDELLBASELL INDUSTRIES NV no ticker – 0.3% $26.3m 353,116 +254% added COR CENCORA INC Healthcare 0.3% $25.3m 319,092 +31% added AEM AGNICO EAGLE MINES LTD Basic Materials 0.3% $24.6m 459,027 +80% added EXPRESS SCRIPTS HLDG CO no ticker – 0.3% $23.6m 311,618 −21% reduced STAPLES INC no ticker – 0.3% $22.7m 2.64m +410% added SU SUNCOR ENERGY INC NEW Energy 0.3% $22.3m 808,800 +63% added SILVER WHEATON CORP no ticker – 0.2% $19.9m 845,201 +79% added PFE PFIZER INC Healthcare 0.2% $19.7m 560,639 +22% added BBBYEUR BED BATH & BEYOND INC – 0.2% $19.7m 455,501 −1.4% reduced JNP JUNIPER NETWORKS INC – 0.2% $19.6m 871,009 +53% added CTLEUR CENTURYLINK INC – 0.2% $18.8m 648,370 +127% added NE NOBLE CORP PLC Energy 0.2% $18.6m 2.25m +216% added CNQ CANADIAN NAT RES LTD MED TER Energy 0.2% $16.6m 539,719 +55% added MET METLIFE INC Financial Services 0.2% $16.5m 415,045 +412% added RIO RIO TINTO PLC Basic Materials 0.2% $16.3m 520,900 +0.8% added TOL TOLL BROTHERS INC Consumer Cyclical 0.2% $16.3m 604,652 +8.4% added BP BP PLC Energy 0.2% $16.1m 453,800 −3.5% reduced FDX FEDEX CORP Industrials 0.2% $16.0m 105,536 +185% added BHP BHP BILLITON LIMITED Basic Materials 0.2% $15.8m 551,911 −0.5% held JNJ JOHNSON & JOHNSON Healthcare 0.2% $15.7m 129,700 – new CVX CHEVRON CORPORATION Energy 0.2% $15.3m 146,000 −2.5% reduced MSFT MICROSOFT CORP Technology 0.2% $15.3m 299,048 −53% reduced EXMOC EXXON MOBIL CORP – 0.2% $15.3m 163,200 −3.3% reduced OXY OCCIDENTAL PETE CORP Energy 0.2% $15.2m 200,900 −4.3% reduced COP CONOCOPHILLIPS Energy 0.2% $15.0m 343,544 −4.6% reduced MRK MERCK & CO. INC Healthcare 0.2% $14.5m 251,546 +19% added PH PARKER-HANNIFIN CORP Industrials 0.2% $14.4m 133,700 – new DISCAUSD DISCOVERY INC – 0.2% $14.3m 568,164 +557% added CVS CVS HEALTH CORP Healthcare 0.2% $14.3m 149,700 – new URI UNITED RENTALS INC Industrials 0.2% $14.2m 211,276 −13% reduced MDLZ MONDELEZ INTL INC Consumer Defensive 0.2% $13.8m 303,700 +28% added BMY BRISTOL-MYERS SQUIBB CO Healthcare 0.2% $13.7m 186,454 +115% added EOG EOG Resources Inc Energy 0.2% $13.6m 163,065 −6.4% reduced KSS KOHLS CORP Consumer Cyclical 0.2% $13.4m 353,509 +296% added IMO IMPERIAL OIL LTD Energy 0.2% $13.2m 420,500 +56% added MSI MOTOROLA SOLUTIONS INC Technology 0.2% $13.1m 198,230 +671% added MCD MCDONALDS CORP Consumer Cyclical 0.2% $12.9m 106,987 −15% reduced PBR PETROLEO BRASILEIRO S A Energy 0.2% $12.9m 1.80m −5.1% reduced ENSCO PLC no ticker – 0.2% $12.8m 1.32m −31% reduced
Exited since Q1 2016 Sector mix Unclassified 83.3% Healthcare 2.7% Technology 2.4% Energy 2.3% Consumer Cyclical 2.3% Financial Services 2.2% Basic Materials 1.9% Industrials 1.6% Consumer Defensive 0.7% Communication Services 0.3% Real Estate 0.2% Utilities 0.07% Book over time Every quarter on file (83) Where Bridgewater Associates, LP was early 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