WhaleCreep

Bridgewater Associates, LP 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-02-13

Bridgewater Associates, LP disclosed 820 US equity positions worth $18.3bn in its Q4 2022 13F filing. Its largest position is IVV at 4.3% of the reported book, followed by PG and IEMG. Versus Q3 2022 it opened 88 new positions, added to 264, reduced 452 and exited 134.

$18.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
820
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.3%
Largest position
The largest single position as a share of the reported equity book.
32.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
71
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 2022: 88 new, 264 added, 452 reduced, 134 exited

50 of 820
IVV ISHARES TR–4.3%$793m2.06m+17%added
PG PROCTER & GAMBLE COConsumer Defensive4.1%$757m5.00m−24%reduced
IEMG ISHARES INC–3.7%$680m14.55m−2.3%reduced
JNJ JOHNSON & JOHNSONHealthcare3.4%$630m3.57m−24%reduced
PEP PEPSICO INCConsumer Defensive3.0%$546m3.02m−25%reduced
VWO VANGUARD INTL EQUITY INDEX F–2.9%$539m13.83m−6.3%reduced
KO COCA COLA COConsumer Defensive2.9%$536m8.42m−27%reduced
SPY SPDR S&P 500 ETF Trust–2.9%$525m1.37m−6.1%reduced
WMT WALMART INCConsumer Defensive2.6%$482m3.40m−16%reduced
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive2.3%$428m937,521−22%reduced
MCD MCDONALDS CORPConsumer Cyclical2.3%$416m1.58m−25%reduced
PDD PDD HOLDINGS INCConsumer Cyclical1.6%$297m3.65m−28%reduced
SBUX STARBUCKS CORPConsumer Cyclical1.4%$259m2.61m−13%reduced
CVS CVS HEALTH CORPHealthcare1.4%$255m2.74m−11%reduced
ABT ABBOTT LABORATORIESHealthcare1.3%$244m2.22m−28%reduced
GLD SPDR GOLD TRUST–1.1%$208m1.23m−5.8%reduced
MDLZ MONDELEZ INTL INCConsumer Defensive1.1%$192m2.89m−16%reduced
V VISA INCFinancial Services1.0%$174m838,784−31%reduced
CL COLGATE PALMOLIVE COConsumer Defensive0.8%$149m1.89m−22%reduced
PFE PFIZER INCHealthcare0.8%$140m2.74m−3.6%reduced
MBB ISHARES TR–0.8%$138m1.49m+14%added
TGT TARGET CORPConsumer Defensive0.8%$138m923,244−27%reduced
SYK STRYKER CORPORATIONHealthcare0.7%$124m506,012−17%reduced
EL LAUDER ESTEE COS INCConsumer Defensive0.7%$123m495,147−28%reduced
DG DOLLAR GEN CORPConsumer Defensive0.7%$120m487,826−21%reduced
GIS GENERAL MILLS INCConsumer Defensive0.6%$117m1.40m−17%reduced
ISRG INTUITIVE SURGICAL INCHealthcare0.6%$112m422,044−35%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–0.6%$111m360,889+44%added
MCK MCKESSON CORPHealthcare0.6%$108m287,499+6.4%added
BAC BANK OF AMER CORPFinancial Services0.6%$106m3.21m+152%added
MRK MERCK & CO. INCHealthcare0.6%$104m933,765−36%reduced
KMB KIMBERLY-CLARK CORPConsumer Defensive0.6%$103m758,662−21%reduced
LQD ISHARES TR–0.6%$103m973,800−3.8%reduced
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.5%$98.2m70,803−19%reduced
SYY SYSCO CORPConsumer Defensive0.5%$97.6m1.28m−24%reduced
MA MASTERCARD INCFinancial Services0.5%$96.5m277,389−52%reduced
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.5%$93.9m924,733−28%reduced
JPM JPMORGAN CHASE & COFinancial Services0.5%$92.8m692,356–new
BDX BECTON DICKINSON & COHealthcare0.5%$92.7m364,558−9.0%reduced
BSX BOSTON SCIENTIFIC CORPHealthcare0.5%$90.0m1.95m−25%reduced
KHC KRAFT HEINZ COConsumer Defensive0.5%$89.1m2.19m−10%reduced
KR KROGER COConsumer Defensive0.5%$87.6m1.97m−14%reduced
LLY ELI LILLY & COHealthcare0.5%$84.4m230,738−20%reduced
HSY HERSHEY COConsumer Defensive0.5%$83.3m359,899−17%reduced
HCA HCA HEALTHCARE INCHealthcare0.5%$82.9m345,455−7.1%reduced
BIDU BAIDU INCCommunication Services0.4%$80.3m702,473−24%reduced
IAU ISHARES GOLD TR–0.4%$78.6m2.27m−3.9%reduced
DLTR DOLLAR TREE INCConsumer Defensive0.4%$78.4m554,266−12%reduced
STZ CONSTELLATION BRANDS INCConsumer Defensive0.4%$77.8m335,683−12%reduced
VEEV VEEVA SYS INCHealthcare0.4%$77.7m481,385−16%reduced

Exited since Q3 2022

134 rows
AMD ADVANCED MICRO DEVICES INC0.2%$45.8m
MU MICRON TECHNOLOGY INC0.1%$28.9m
ABMDEUR ABIOMED INC0.1%$22.7m
NVDA NVIDIA CORPORATION0.1%$21.9m
ICE INTERCONTINENTAL EXCHANGE IN0.10%$19.5m
CAT CATERPILLAR INC0.09%$18.2m
PH PARKER-HANNIFIN CORP0.07%$13.7m
TECK TECK RESOURCES LTD0.06%$12.2m
AMAT APPLIED MATLS INC0.06%$12.0m
LIN LINDE PLC0.05%$10.7m
LYONDELLBASELL INDUSTRIES NV no ticker0.05%$10.5m
07WA MR COOPER GROUP INC0.05%$9.9m
GLW CORNING INC0.05%$9.6m
PCAR PACCAR INC0.05%$9.4m
SCCO SOUTHERN COPPER CORP0.05%$9.1m
CMI CUMMINS INC0.04%$8.8m
ETN EATON CORP PLC0.04%$8.3m
CNQ CANADIAN NAT RES LTD MED TER0.04%$8.1m
APD AIR PRODUCTS AND CHEMICALS I0.04%$8.1m
TEL TE CONNECTIVITY LTD0.04%$7.2m
KLAC KLA CORP0.03%$6.7m
TWTRUSD TWITTER INC0.03%$6.6m
DE DEERE & CO0.03%$6.5m
CDW CDW CORP0.03%$6.4m
EWT ISHARES INC0.03%$6.1m
MUR MURPHY OIL CORP0.03%$5.5m
CDNS CADENCE DESIGN SYSTEM INC0.03%$5.4m
HWM HOWMET AEROSPACE INC0.03%$5.1m
CACC CREDIT ACCEP CORP MICH0.02%$4.7m
FTNT FORTINET INC0.02%$4.5m
KEYS KEYSIGHT TECHNOLOGIES INC0.02%$4.5m
WWW WOLVERINE WORLD WIDE INC0.02%$3.9m
WDC WESTERN DIGITAL CORP.0.02%$3.8m
ENTG ENTEGRIS INC0.02%$3.7m
BBY BEST BUY INC0.02%$3.6m
TEX Terex Corp0.02%$3.6m
SM SM ENERGY COMPANY0.02%$3.4m
UI UBIQUITI INC0.02%$3.2m
RUSHA RUSH ENTERPRISES INC0.02%$3.2m
GTN GRAY TELEVISION INC0.02%$3.0m
CGNX COGNEX CORP0.01%$2.9m
NET CLOUDFLARE INC0.01%$2.7m
PNR PENTAIR PLC0.01%$2.7m
MCHP MICROCHIP TECHNOLOGY INC.0.01%$2.5m
HAL HALLIBURTON CO0.01%$2.4m
TRMB TRIMBLE INC0.01%$2.4m
REG REGENCY CTRS CORP0.01%$2.3m
TXN TEXAS INSTRS INC0.01%$2.3m
BLMN BLOOMIN BRANDS INC0.01%$2.2m
MAN MANPOWERGROUP INC0.01%$2.1m

Sector mix

  • Consumer Defensive27.2%
  • Unclassified21.4%
  • Healthcare18.7%
  • Financial Services9.9%
  • Consumer Cyclical9.6%
  • Communication Services2.9%
  • Real Estate2.5%
  • Technology2.2%
  • Industrials1.6%
  • Utilities1.5%
  • Energy1.5%
  • Basic Materials0.8%

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