WhaleCreep

Bridgewater Associates, LP 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-12

Bridgewater Associates, LP disclosed 683 US equity positions worth $18.3bn in its Q3 2021 13F filing. Its largest position is VWO at 6.4% of the reported book, followed by EEM and IEMG. Versus Q2 2021 it opened 118 new positions, added to 335, reduced 209 and exited 139.

$18.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
683
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.4%
Largest position
The largest single position as a share of the reported equity book.
38.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
49
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 2021: 118 new, 335 added, 209 reduced, 139 exited

50 of 683
VWO VANGUARD INTL EQUITY INDEX F–6.4%$1.2bn23.45m+97%added
EEM ISHARES TR–5.6%$1.0bn20.14m+823%added
IEMG ISHARES INC–4.7%$850m13.76m+225%added
SPY SPDR S&P 500 ETF Trust–4.6%$844m1.97m−0.4%held
WMT WALMART INCConsumer Defensive3.8%$700m5.03m−3.8%reduced
PG PROCTER & GAMBLE COConsumer Defensive3.6%$655m4.69m−1.4%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical2.7%$487m3.29m+132%added
JNJ JOHNSON & JOHNSONHealthcare2.4%$445m2.75m−2.4%reduced
KO COCA COLA COConsumer Defensive2.4%$439m8.37m+1.7%added
PEP PEPSICO INCConsumer Defensive2.2%$403m2.68m+0.4%held
GLD SPDR GOLD TRUST–2.2%$393m2.39m+48%added
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive2.1%$382m850,594+0.9%added
IVV ISHARES TR–1.9%$356m825,977+28%added
MCD MCDONALDS CORPConsumer Cyclical1.9%$352m1.46m+4.4%added
SBUX STARBUCKS CORPConsumer Cyclical1.4%$252m2.28m+8.9%added
ABT ABBOTT LABORATORIESHealthcare1.2%$221m1.87m+4.1%added
TGT TARGET CORPConsumer Defensive1.2%$218m954,208+6.7%added
DHR DANAHER CORP DELHealthcare1.2%$214m703,685−18%reduced
EL LAUDER ESTEE COS INCConsumer Defensive1.2%$212m706,899+3.0%added
PDD PDD HOLDINGS INCConsumer Cyclical1.0%$174m1.92m+72%added
FXI ISHARES TR–0.9%$166m4.26m+15%added
JD JD.COM INCConsumer Cyclical0.8%$144m1.99m+68%added
LQD ISHARES TR–0.8%$142m1.06m−0.9%reduced
MCHI ISHARES TR–0.8%$139m2.05m+18%added
IAU ISHARES GOLD TR–0.7%$127m3.81m−9.6%reduced
CL COLGATE PALMOLIVE COConsumer Defensive0.7%$126m1.67m−0.4%held
ISRG INTUITIVE SURGICAL INCHealthcare0.7%$124m124,409−4.1%reduced
HD HOME DEPOT INCConsumer Cyclical0.6%$108m330,400+135%added
SYK STRYKER CORPORATIONHealthcare0.6%$103m390,296+24%added
JPM JPMORGAN CHASE & COFinancial Services0.6%$102m624,057+27%added
BAC BANK OF AMER CORPFinancial Services0.6%$101m2.39m+24%added
NIO NIO INCConsumer Cyclical0.6%$101m2.84m+72%added
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.5%$98.5m54,181−2.3%reduced
LOW LOWES COS INCConsumer Cyclical0.5%$96.1m473,606+92%added
DG DOLLAR GEN CORPConsumer Defensive0.5%$95.8m451,385+0.7%added
BIDU BAIDU INCCommunication Services0.5%$93.2m605,882+70%added
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.5%$90.6m1.02m−2.5%reduced
CVS CVS HEALTH CORPHealthcare0.5%$89.8m1.06m−11%reduced
EWT ISHARES INC–0.5%$88.5m1.43m0.0%held
KMB KIMBERLY-CLARK CORPConsumer Defensive0.5%$87.2m658,452−1.3%reduced
VEEV VEEVA SYS INCHealthcare0.5%$85.4m296,451−5.6%reduced
KHC KRAFT HEINZ COConsumer Defensive0.5%$85.1m2.31m+9.7%added
HCA HCA HEALTHCARE INCHealthcare0.5%$82.9m341,375+20%added
EW EDWARDS LIFESCIENCES CORPHealthcare0.4%$78.1m689,665−1.1%reduced
WFC WELLS FARGO & COFinancial Services0.4%$77.8m1.68m+18%added
SYY SYSCO CORPConsumer Defensive0.4%$77.7m989,798+12%added
STZ CONSTELLATION BRANDS INCConsumer Defensive0.4%$76.7m363,866+8.7%added
BDX BECTON DICKINSON & COHealthcare0.4%$73.3m298,206+21%added
MS MORGAN STANLEYFinancial Services0.4%$73.1m750,922+27%added
YUM YUM BRANDS INCConsumer Cyclical0.4%$70.8m578,726+2.8%added

Exited since Q2 2021

139 rows
LIN LINDE PLC0.2%$29.9m
DE DEERE & CO0.2%$26.6m
ATVIEUR ACTIVISION BLIZZARD INC0.2%$26.5m
AMAT APPLIED MATLS INC0.2%$25.9m
NEM NEWMONT CORP0.2%$25.1m
LRCX LAM RESEARCH CORP0.2%$23.8m
APD AIR PRODUCTS AND CHEMICALS I0.1%$23.1m
ADSK AUTODESK INC0.1%$22.4m
FCX FREEPORT MCMORAN INC0.1%$21.0m
ITW ILLINOIS TOOL WKS INC0.1%$19.6m
CAT CATERPILLAR INC0.1%$18.8m
GE GENERAL ELECTRIC CO0.1%$18.6m
MU MICRON TECHNOLOGY INC0.1%$18.4m
EA ELECTRONIC ARTS INC0.1%$17.7m
TXN TEXAS INSTRS INC0.1%$17.2m
NVDA NVIDIA CORPORATION0.1%$16.9m
ADI ANALOG DEVICES INC0.1%$16.4m
EMR Emerson Electric Inc.0.10%$15.4m
ETN EATON CORP PLC0.10%$15.1m
SCCO SOUTHERN COPPER CORP0.10%$15.0m
TEL TE CONNECTIVITY LTD0.09%$14.6m
FTNT FORTINET INC0.09%$13.5m
APH AMPHENOL CORP0.08%$13.2m
CDNS CADENCE DESIGN SYSTEM INC0.08%$13.2m
QCOM QUALCOMM INC0.08%$13.2m
KLAC KLA CORP0.08%$13.0m
AKX ANSYS INC0.08%$12.6m
LVS LAS VEGAS SANDS CORP0.08%$12.0m
MCHP MICROCHIP TECHNOLOGY INC.0.07%$11.3m
LYONDELLBASELL INDUSTRIES NV no ticker0.07%$11.1m
BALL BALL CORP0.07%$11.1m
AMD ADVANCED MICRO DEVICES INC0.07%$10.4m
PH PARKER-HANNIFIN CORP0.07%$10.4m
ZS ZSCALER INC0.06%$9.8m
CMI CUMMINS INC0.06%$9.7m
GLW CORNING INC0.06%$9.4m
KEYS KEYSIGHT TECHNOLOGIES INC0.06%$9.3m
ROK ROCKWELL AUTOMATION INC0.06%$8.8m
SWKS SKYWORKS SOLUTIONS INC0.06%$8.7m
ZBRA ZEBRA TECHNOLOGIES CORP0.06%$8.6m
AME AMETEK INC0.05%$8.5m
GRMN GARMIN LTD0.05%$8.1m
PCAR PACCAR INC0.05%$8.0m
SWK STANLEY BLACK & DECKER INC0.05%$7.6m
EXPD EXPEDITORS INTL WASH INC0.05%$7.5m
FTV FORTIVE CORP0.04%$6.3m
HPE HEWLETT PACKARD ENTERPRISE C0.04%$6.2m
ZEN1EUR ZENDESK INC0.04%$6.1m
TRMB TRIMBLE INC0.04%$5.9m
XYL XYLEM INC0.04%$5.8m

Sector mix

  • Unclassified33.0%
  • Consumer Defensive23.6%
  • Consumer Cyclical16.8%
  • Healthcare14.2%
  • Financial Services5.7%
  • Industrials2.8%
  • Basic Materials1.6%
  • Communication Services1.3%
  • Technology0.6%
  • Real Estate0.3%
  • Energy0.09%
  • 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