WhaleCreep

Bridgewater Associates, LP 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-14

Bridgewater Associates, LP disclosed 731 US equity positions worth $17.2bn in its Q4 2021 13F filing. Its largest position is SPY at 5.2% of the reported book, followed by PG and VWO. Versus Q3 2021 it opened 137 new positions, added to 297, reduced 283 and exited 89.

$17.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
731
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.2%
Largest position
The largest single position as a share of the reported equity book.
35.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
54
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 2021: 137 new, 297 added, 283 reduced, 89 exited

50 of 731
SPY SPDR S&P 500 ETF Trust–5.2%$894m1.88m−4.3%reduced
PG PROCTER & GAMBLE COConsumer Defensive4.9%$849m5.19m+11%added
VWO VANGUARD INTL EQUITY INDEX F–4.8%$831m16.81m−28%reduced
PEP PEPSICO INCConsumer Defensive3.1%$530m3.05m+14%added
JNJ JOHNSON & JOHNSONHealthcare3.1%$530m3.10m+12%added
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive3.0%$520m915,635+7.6%added
KO COCA COLA COConsumer Defensive3.0%$515m8.69m+3.8%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical2.9%$507m4.27m+30%added
IEMG ISHARES INC–2.9%$496m8.29m−40%reduced
MCD MCDONALDS CORPConsumer Cyclical2.6%$450m1.68m+15%added
EEM ISHARES TR–2.5%$435m8.91m−56%reduced
IVV ISHARES TR–2.4%$417m873,622+5.8%added
WMT WALMART INCConsumer Defensive2.4%$410m2.83m−44%reduced
GLD SPDR GOLD TRUST–2.3%$391m2.29m−4.3%reduced
ABT ABBOTT LABORATORIESHealthcare1.8%$307m2.18m+17%added
SBUX STARBUCKS CORPConsumer Cyclical1.7%$300m2.56m+12%added
TGT TARGET CORPConsumer Defensive1.4%$243m1.05m+9.9%added
EL LAUDER ESTEE COS INCConsumer Defensive1.1%$190m512,559−27%reduced
JD JD.COM INCConsumer Cyclical1.1%$186m2.66m+34%added
CL COLGATE PALMOLIVE COConsumer Defensive0.9%$162m1.90m+14%added
PDD PDD HOLDINGS INCConsumer Cyclical0.9%$155m2.66m+39%added
ISRG INTUITIVE SURGICAL INCHealthcare0.8%$144m400,792+222%added
LQD ISHARES TR–0.7%$127m960,631−9.8%reduced
IAU ISHARES GOLD TR–0.7%$127m3.64m−4.3%reduced
DG DOLLAR GEN CORPConsumer Defensive0.7%$115m488,244+8.2%added
BIDU BAIDU INCCommunication Services0.6%$112m749,869+24%added
SYK STRYKER CORPORATIONHealthcare0.6%$110m413,157+5.9%added
FXI ISHARES TR–0.6%$108m2.96m−31%reduced
KMB KIMBERLY-CLARK CORPConsumer Defensive0.6%$105m736,310+12%added
EW EDWARDS LIFESCIENCES CORPHealthcare0.6%$105m806,885+17%added
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.6%$97.3m55,681+2.8%added
NIO NIO INCConsumer Cyclical0.6%$97.2m3.07m+8.0%added
EWT ISHARES INC–0.6%$95.0m1.43m0.0%held
HD HOME DEPOT INCConsumer Cyclical0.5%$91.4m220,153−33%reduced
BDX BECTON DICKINSON & COHealthcare0.5%$90.2m358,781+20%added
YUM YUM BRANDS INCConsumer Cyclical0.5%$87.5m629,961+8.9%added
SYY SYSCO CORPConsumer Defensive0.5%$85.1m1.08m+9.5%added
STZ CONSTELLATION BRANDS INCConsumer Defensive0.5%$82.8m329,925−9.3%reduced
LOW LOWES COS INCConsumer Cyclical0.5%$81.5m315,126−33%reduced
CVS CVS HEALTH CORPHealthcare0.5%$80.7m782,306−26%reduced
HCA HCA HEALTHCARE INCHealthcare0.5%$80.4m312,865−8.4%reduced
MCHI ISHARES TR–0.5%$79.6m1.27m−38%reduced
BSX BOSTON SCIENTIFIC CORPHealthcare0.5%$77.6m1.83m+19%added
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.4%$76.5m797,043−22%reduced
VEEV VEEVA SYS INCHealthcare0.4%$74.1m290,099−2.1%reduced
IDXX IDEXX LABS INCHealthcare0.4%$68.3m103,671+17%added
DLTR DOLLAR TREE INCConsumer Defensive0.4%$67.8m482,287+11%added
KR KROGER COConsumer Defensive0.4%$62.4m1.38m+1.4%added
ONC BEIGENE LTDHealthcare0.4%$62.2m229,483+30%added
HSY HERSHEY COConsumer Defensive0.4%$62.1m321,022−19%reduced

Exited since Q3 2021

89 rows
ECL ECOLAB INC0.08%$14.2m
HRC HILL-ROM HLDGS INC0.05%$9.3m
AMZN AMAZON COM INC0.03%$5.3m
ORCL ORACLE CORP0.03%$5.2m
ARMK ARAMARK0.03%$4.6m
TU TELUS CORPORATION0.02%$3.4m
INTU INTUIT0.01%$2.7m
AXP AMERICAN EXPRESS CO0.01%$2.4m
VOD VODAFONE GROUP PLC NEW0.01%$2.3m
MA MASTERCARD INC0.01%$2.2m
VMWEUR VMWARE INC0.01%$2.1m
CRM SALESFORCE INC0.01%$1.8m
DELL DELL TECHNOLOGIES INC0.01%$1.8m
IP INTERNATIONAL PAPER CO0.01%$1.7m
PYPL PAYPAL HLDGS INC0.01%$1.7m
PRGO PERRIGO CO PLC0.01%$1.5m
BCE BCE INC0.01%$1.3m
NTAP NETAPP INC0.01%$1.3m
BB BLACKBERRY LTD0.01%$1.2m
MCO MOODYS CORP0.01%$1.2m
AKAM AKAMAI TECHNOLOGIES INC0.01%$1.1m
TWLO TWILIO INC0.01%$1.1m
HIG HARTFORD INSURANCE GROUP INC0.01%$1.0m
NFLX NETFLIX INC.0.01%$1.0m
THC TENET HEALTHCARE CORP0.01%$1.0m
NKE NIKE INC0.01%$997k
MSCI MSCI INC0.01%$922k
PLD PROLOGIS INC.0.0%$906k
SNPS SYNOPSYS INC0.0%$816k
MET METLIFE INC0.0%$794k
SGENUSD SEAGEN INC0.0%$680k
FNV FRANCO NEVADA CORP0.0%$664k
OKTA OKTA INC0.0%$653k
CHTR CHARTER COMMUNICATIONS INC0.0%$617k
PINS PINTEREST INC0.0%$602k
FOXA FOX CORP0.0%$583k
DISCAUSD DISCOVERY INC0.0%$557k
VRSN VERISIGN INC0.0%$523k
AVA AVISTA CORP0.0%$499k
THOMSON REUTERS CORP. no ticker0.0%$472k
EPAM EPAM SYS INC0.0%$447k
W WAYFAIR INC0.0%$447k
HORIZON THERAPEUTICS PUB L no ticker0.0%$437k
ALNY ALNYLAM PHARMACEUTICALS INC0.0%$422k
NXPI NXP SEMICONDUCTORS N V0.0%$420k
MDB MONGODB INC0.0%$409k
CBRE CBRE GROUP INC0.0%$407k
CHWY CHEWY INC0.0%$391k
ICE INTERCONTINENTAL EXCHANGE IN0.0%$385k
TRU TRANSUNION0.0%$378k

Sector mix

  • Unclassified27.8%
  • Consumer Defensive27.2%
  • Consumer Cyclical17.6%
  • Healthcare16.0%
  • Financial Services3.4%
  • Industrials3.0%
  • Communication Services1.7%
  • Basic Materials1.3%
  • Real Estate0.8%
  • Technology0.7%
  • Utilities0.3%
  • Energy0.1%

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