WhaleCreep

Bridgewater Associates, LP 13F holdings, Q1 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-03-31, filed 2017-05-11

Bridgewater Associates, LP disclosed 236 US equity positions worth $8.8bn in its Q1 2017 13F filing. Its largest position is VWO at 32.5% of the reported book, followed by SPY and EEM. Versus Q4 2016 it opened 74 new positions, added to 48, reduced 101 and exited 104.

$8.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
236
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
32.5%
Largest position
The largest single position as a share of the reported equity book.
86.0%
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 Q4 2016: 74 new, 48 added, 101 reduced, 104 exited

50 of 236
VWO VANGUARD INTL EQUITY INDEX F–32.5%$2.9bn72.18m−22%reduced
SPY SPDR S&P 500 ETF Trust–26.4%$2.3bn9.87m−2.2%reduced
EEM ISHARES TR–17.5%$1.5bn39.12m−44%reduced
IEMG ISHARES INC–3.1%$273m5.71m0.0%held
EWZ ISHARES INC–2.5%$221m5.89m+11%added
EWY ISHARES INC–1.3%$117m1.90m+1.7%added
LQD ISHARES TR–1.3%$117m991,655+1.3%added
ENDO INTL PLC no ticker–0.5%$42.7m3.83m+149%added
IVV ISHARES TR–0.5%$41.5m175,0000.0%held
EXPRESS SCRIPTS HLDG CO no ticker–0.4%$35.6m539,841+53%added
CLIFFS NAT RES INC no ticker–0.4%$31.6m3.85m–new
SWN1EUR SOUTHWESTERN ENERGY CO–0.4%$30.9m3.79m+63%added
M Macy's, IncConsumer Cyclical0.3%$30.6m1.03m+118%added
INTC INTEL CORPTechnology0.3%$24.6m682,862−28%reduced
DVN DEVON ENERGY CORP NEWEnergy0.3%$23.8m570,774+340%added
NE NOBLE CORP PLCEnergy0.3%$22.5m3.64m−3.2%reduced
GME GAMESTOP CORPConsumer Cyclical0.2%$21.2m940,995+7.5%added
GE GENERAL ELECTRIC COIndustrials0.2%$18.0m604,856–new
IPG INTERPUBLIC GROUP COS INC–0.2%$17.7m721,530+122%added
BBBYEUR BED BATH & BEYOND INC–0.2%$16.2m409,628−30%reduced
ENSCO PLC no ticker–0.2%$15.9m1.78m–new
INTU INTUITTechnology0.2%$15.9m137,040+324%added
FE FIRSTENERGY CORPUtilities0.2%$15.5m486,868+4.4%added
COP CONOCOPHILLIPSEnergy0.2%$15.4m308,8440.0%held
PBR PETROLEO BRASILEIRO S AEnergy0.2%$15.1m1.56m+3.8%added
BP BP PLCEnergy0.2%$15.1m438,117−1.6%reduced
CVX CHEVRON CORPORATIONEnergy0.2%$15.0m139,9000.0%held
EXMOC EXXON MOBIL CORP–0.2%$14.8m181,004−13%reduced
MICHAEL KORS HLDGS LTD no ticker–0.2%$14.8m387,108−2.3%reduced
IBM INTERNATIONAL BUSINESS MACHSTechnology0.2%$14.7m84,646−20%reduced
DIS DISNEY WALT COCommunication Services0.2%$14.7m129,847–new
BHP BHP BILLITON LIMITEDBasic Materials0.2%$14.5m399,110−5.8%reduced
RIO RIO TINTO PLCBasic Materials0.2%$14.3m351,670−12%reduced
EOG EOG Resources IncEnergy0.2%$14.0m143,7650.0%held
UPS UNITED PARCEL SERVICE INCIndustrials0.2%$13.8m128,914–new
SPG SIMON PPTY GROUP INC NEWReal Estate0.1%$13.2m76,784−21%reduced
BFH BREAD FINANCIAL HOLDINGS INCFinancial Services0.1%$12.9m51,763−8.6%reduced
SU SUNCOR ENERGY INC NEWEnergy0.1%$12.8m416,700−59%reduced
CVS CVS HEALTH CORPHealthcare0.1%$12.7m161,883+48%added
VALE VALE S ABasic Materials0.1%$12.6m1.32m+1.6%added
BIIB BIOGEN INCHealthcare0.1%$12.4m45,447–new
OXY OCCIDENTAL PETE CORPEnergy0.1%$12.2m192,6090.0%held
STAPLES INC no ticker–0.1%$11.9m1.36m+33%added
MU MICRON TECHNOLOGY INCTechnology0.1%$11.7m405,342–new
ADBE ADOBE INCTechnology0.1%$11.7m89,664–new
CTLEUR CENTURYLINK INC–0.1%$11.1m471,769−56%reduced
TSN TYSON FOODS INCConsumer Defensive0.1%$11.1m180,099−24%reduced
AETNA INC NEW no ticker–0.1%$11.0m85,970−55%reduced
FNV FRANCO NEVADA CORPBasic Materials0.1%$11.0m167,703−15%reduced
KSS KOHLS CORPConsumer Cyclical0.1%$10.6m266,435+312%added

Exited since Q4 2016

104 rows
AAPL APPLE INC0.5%$48.2m
TAP MOLSON COORS BEVERAGE CO0.3%$27.7m
KEL KELLANOVA0.2%$19.0m
GIS GENERAL MILLS INC0.2%$15.9m
PPG PPG INDS INC0.1%$15.2m
DKS DICKS SPORTING GOODS INC0.1%$15.1m
MFC MANULIFE FINL CORP0.1%$14.9m
TXN TEXAS INSTRS INC0.1%$14.0m
ROST ROSS STORES INC0.1%$13.5m
TRANSCANADA CORP no ticker0.1%$12.9m
CERNCHF CERNER CORP0.1%$11.8m
MDLZ MONDELEZ INTL INC0.1%$11.1m
MEAD JOHNSON NUTRITION CO no ticker0.1%$10.9m
SLF SUN LIFE FINANCIAL INC.0.1%$10.8m
ELV ELEVANCE HEALTH INC0.1%$10.7m
WFC WELLS FARGO & CO0.10%$10.4m
STZ CONSTELLATION BRANDS INC0.09%$9.8m
TIFEUR TIFFANY & CO NEW0.09%$9.6m
TWENTY FIRST CENTY FOX INC no ticker0.09%$9.0m
LLY ELI LILLY & CO0.08%$8.8m
SGENEUR SEATTLE GENETICS INC0.08%$8.6m
AON AON PLC0.07%$7.9m
AMAT APPLIED MATLS INC0.07%$7.6m
AZO AUTOZONE INC0.06%$6.7m
BNY BANK OF NY MELLON CORP0.06%$6.2m
ADI ANALOG DEVICES INC0.06%$6.2m
CTXSEUR CITRIX SYS INC0.06%$6.1m
SWKS SKYWORKS SOLUTIONS INC0.06%$6.0m
MGM MGM RESORTS INTERNATIONAL0.06%$6.0m
NEE NEXTERA ENERGY INC0.06%$5.9m
GILD GILEAD SCIENCES INC0.05%$5.7m
CHKEUR CHESAPEAKE ENERGY CORP0.05%$5.4m
KMB KIMBERLY-CLARK CORP0.05%$5.3m
CBS CORP NEW no ticker0.05%$4.9m
C CITIGROUP INC0.04%$4.6m
MDT Medtronic Plc0.04%$4.4m
ENCANA CORP no ticker0.04%$4.3m
SHW SHERWIN WILLIAMS CO0.04%$4.3m
GENERAL GROWTH PPTYS INC NEW no ticker0.04%$4.2m
XLNXEUR XILINX INC0.04%$4.1m
LIBERTY INTERACTIVE CORP no ticker0.04%$3.7m
BEMIS INC no ticker0.04%$3.7m
STT STATE STR CORP0.03%$3.5m
LMT LOCKHEED MARTIN CORP0.03%$3.3m
AFL AFLAC INC0.03%$3.2m
RJF RAYMOND JAMES FINANCIAL INC0.03%$3.1m
ABT ABBOTT LABORATORIES0.03%$3.1m
AMG AFFILIATED MANAGERS GROUP0.03%$3.0m
PEG PUBLIC SVC ENTERPRISE GROUP0.03%$2.9m
CLX CLOROX CO DEL0.03%$2.8m

Sector mix

  • Unclassified90.3%
  • Energy2.0%
  • Consumer Cyclical1.6%
  • Technology1.3%
  • Basic Materials1.2%
  • Healthcare1.1%
  • Industrials0.8%
  • Financial Services0.7%
  • Consumer Defensive0.3%
  • Real Estate0.3%
  • Communication Services0.3%
  • Utilities0.2%

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