WhaleCreep

Bridgewater Associates, LP 13F holdings, Q2 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-06-30, filed 2019-08-13

Bridgewater Associates, LP disclosed 305 US equity positions worth $12.8bn in its Q2 2019 13F filing. Its largest position is VWO at 15.9% of the reported book, followed by SPY and IEMG. Versus Q1 2019 it opened 78 new positions, added to 105, reduced 89 and exited 76.

$12.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
305
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.9%
Largest position
The largest single position as a share of the reported equity book.
68.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
13
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 2019: 78 new, 105 added, 89 reduced, 76 exited

50 of 305
VWO VANGUARD INTL EQUITY INDEX F–15.9%$2.0bn47.55m−35%reduced
SPY SPDR S&P 500 ETF Trust–15.6%$2.0bn6.78m−15%reduced
IEMG ISHARES INC–9.4%$1.2bn23.33m−43%reduced
EEM ISHARES TR–8.7%$1.1bn25.71m−64%reduced
IVV ISHARES TR–5.1%$645m2.19m−0.5%held
GLD SPDR GOLD TRUST–4.2%$540m4.06m+0.7%added
EWZ ISHARES INC–3.2%$412m9.43m+1.1%added
LQD ISHARES TR–2.6%$328m2.63m+0.5%held
HYG ISHARES TR–2.2%$281m3.22m+13%added
TLT ISHARES TR–2.1%$266m2.00m−10%reduced
EWY ISHARES INC–1.7%$214m3.57m−5.3%reduced
EMB ISHARES TR–1.6%$204m1.80m−2.6%reduced
EFA ISHARES TR–1.3%$169m2.57m−1.0%reduced
VEA VANGUARD TAX-MANAGED FDS–1.3%$169m4.05m−1.0%reduced
IAU ISHARES GOLD TRUST–1.2%$158m11.68m+0.6%added
IEFA ISHARES TR–1.2%$154m2.51m−1.1%reduced
TIP ISHARES TR–1.2%$150m1.30m−7.4%reduced
INDA ISHARES TR–0.8%$106m3.01m+13699%added
BFH BREAD FINANCIAL HOLDINGS INCFinancial Services0.6%$76.2m543,560+108%added
BIIB BIOGEN INCHealthcare0.5%$58.2m248,933+3.6%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical0.4%$53.2m313,923+244%added
SWN1EUR SOUTHWESTERN ENERGY CO–0.4%$49.0m15.52m+388%added
PVH PVH CORPORATIONConsumer Cyclical0.4%$49.0m517,571+84%added
CCL CARNIVAL CORPConsumer Cyclical0.4%$47.5m1.02m+387%added
XECEUR CIMAREX ENERGY CO–0.4%$45.2m761,277+658%added
M Macy's, IncConsumer Cyclical0.3%$44.5m2.07m+34%added
BBBYEUR BED BATH & BEYOND INC–0.3%$42.5m3.66m+136%added
KR KROGER COConsumer Defensive0.3%$39.2m1.81m+3743%added
RY ROYAL BK CDAFinancial Services0.3%$37.8m474,8320.0%held
NUE NUCOR CORPBasic Materials0.3%$36.5m662,636+4.3%added
TD TORONTO DOMINION BK ONTFinancial Services0.3%$35.5m606,7350.0%held
KSS KOHLS CORPConsumer Cyclical0.3%$33.9m711,897+228%added
IPG INTERPUBLIC GROUP COS INC–0.3%$33.6m1.49m+87%added
MU MICRON TECHNOLOGY INCTechnology0.2%$31.7m821,665+18%added
FXI ISHARES TR–0.2%$30.6m716,186–new
JWNUSD NORDSTROM INC–0.2%$30.2m947,246+96%added
MCHI ISHARES TR–0.2%$29.7m500,356–new
CMCSA COMCAST CORP NEWCommunication Services0.2%$29.6m699,707+373%added
KEL KELLANOVA–0.2%$29.2m545,784+338%added
BRK/B BERKSHIRE HATHAWAY INC DEL–0.2%$28.7m134,847+261%added
NTAP NETAPP INCTechnology0.2%$28.4m460,605+101%added
INTC INTEL CORPTechnology0.2%$27.8m579,784+87%added
URBN URBAN OUTFITTERS INCConsumer Cyclical0.2%$25.5m1.12m+68%added
WOO FOOT LOCKER INC–0.2%$25.3m604,050+1003%added
LBEUR L BRANDS INC–0.2%$24.7m946,120+183%added
CVS CVS HEALTH CORPHealthcare0.2%$24.4m446,981−30%reduced
NEM NEWMONT CORPBasic Materials0.2%$23.3m605,537+768%added
EMN EASTMAN CHEMICAL COBasic Materials0.2%$23.2m298,181−50%reduced
PHM PULTE GROUP INCConsumer Cyclical0.2%$23.1m730,628+8.3%added
STT STATE STR CORPFinancial Services0.2%$22.9m407,662+1173%added

Exited since Q1 2019

76 rows
BMY BRISTOL-MYERS SQUIBB CO0.3%$47.2m
MOS MOSAIC CO0.1%$21.6m
DISH DISH NETWORK CORPORATION0.10%$16.3m
AN AUTONATION INC0.10%$15.7m
TRANSCANADA CORP no ticker0.09%$14.1m
MHK MOHAWK INDS INC0.08%$13.4m
STZ CONSTELLATION BRANDS INC0.08%$12.7m
GS GOLDMAN SACHS GROUP INC0.08%$12.4m
RF REGIONS FINANCIAL CORP NEW0.06%$10.5m
BA BOEING CO0.05%$8.7m
KEY KEYCORP0.05%$8.5m
CHRW C H ROBINSON WORLDWIDE INC0.05%$8.0m
TGT TARGET CORP0.05%$7.7m
BBTUSD BB&T CORP0.04%$6.7m
EWBC EAST WEST BANCORP INC0.03%$5.7m
CMI CUMMINS INC0.03%$5.3m
ZION ZIONS BANCORPORATION NATL AS0.03%$5.1m
18614USD GOLDCORP INC NEW0.03%$4.8m
CF CF Industries Holdings Inc0.03%$4.7m
RTN1USD RAYTHEON CO0.03%$4.4m
UAL UNITED AIRLINES HLDGS INC0.03%$4.2m
ADP AUTOMATIC DATA PROCESSING IN0.03%$4.2m
BAC BANK OF AMER CORP0.02%$4.0m
LMT LOCKHEED MARTIN CORP0.02%$4.0m
VRTX VERTEX PHARMACEUTICALS INC0.02%$4.0m
CAT CATERPILLAR INC0.02%$3.9m
ADI ANALOG DEVICES INC0.02%$3.9m
VLO VALERO ENERGY CORP0.02%$3.7m
HBAN HUNTINGTON BANCSHARES INC0.02%$3.5m
99803EUR LABORATORY CORP AMER HLDGS0.02%$3.3m
FLIR FLIR SYS INC0.02%$3.2m
MUR MURPHY OIL CORP0.02%$3.2m
FITB FIFTH THIRD BANCORP0.02%$3.2m
TOL TOLL BROTHERS INC0.02%$2.9m
TRIP TRIPADVISOR INC0.02%$2.8m
BXP BXP INC0.02%$2.8m
C CITIGROUP INC0.02%$2.7m
VIAB VIACOM INC NEW0.01%$2.4m
V VISA INC0.01%$2.3m
ACCENTURE PLC IRELAND no ticker0.01%$2.2m
MAN MANPOWERGROUP INC0.01%$2.2m
EXPE EXPEDIA GROUP INC0.01%$2.1m
CVI CVR ENERGY INC0.01%$2.1m
PBCTEUR PEOPLES UNITED FINANCIAL INC0.01%$2.0m
AMG AFFILIATED MANAGERS GROUP0.01%$1.9m
PSA PUBLIC STORAGE0.01%$1.9m
TPR TAPESTRY INC0.01%$1.8m
CTAS CINTAS CORP0.01%$1.7m
ALB ALBEMARLE CORP0.01%$1.6m
AMCX AMC GLOBAL MEDIA INC0.01%$1.5m

Sector mix

  • Unclassified84.7%
  • Consumer Cyclical3.4%
  • Financial Services2.4%
  • Industrials1.6%
  • Energy1.5%
  • Healthcare1.4%
  • Basic Materials1.3%
  • Technology1.2%
  • Communication Services0.9%
  • Consumer Defensive0.9%
  • Real Estate0.4%
  • Utilities0.3%

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