WhaleCreep

Bridgewater Associates, LP 13F holdings, Q3 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-09-30, filed 2023-11-13

Bridgewater Associates, LP disclosed 740 US equity positions worth $16.5bn in its Q3 2023 13F filing. Its largest position is IEMG at 5.5% of the reported book, followed by IVV and PG. Versus Q2 2023 it opened 130 new positions, added to 385, reduced 211 and exited 86.

$16.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
740
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.5%
Largest position
The largest single position as a share of the reported equity book.
33.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
63
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 2023: 130 new, 385 added, 211 reduced, 86 exited

50 of 740
IEMG ISHARES INC–5.5%$913m19.18m+7.0%added
IVV ISHARES TR–5.3%$878m2.04m+1.5%added
PG PROCTER & GAMBLE COConsumer Defensive4.2%$700m4.80m+4.0%added
KO COCA COLA COConsumer Defensive3.0%$504m9.00m+9.5%added
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive2.8%$468m828,184+2.5%added
PEP PEPSICO INCConsumer Defensive2.7%$454m2.68m+4.4%added
WMT WALMART INCConsumer Defensive2.6%$431m2.69m+5.0%added
SPY SPDR S&P 500 ETF Trust–2.6%$426m995,975−3.8%reduced
JNJ JOHNSON & JOHNSONHealthcare2.6%$424m2.72m−14%reduced
MCD MCDONALDS CORPConsumer Cyclical2.4%$390m1.48m+4.4%added
PDD PDD HOLDINGS INCConsumer Cyclical1.6%$266m2.71m−0.8%reduced
VWO VANGUARD INTL EQUITY INDEX F–1.4%$234m5.97m−24%reduced
SBUX STARBUCKS CORPConsumer Cyclical1.4%$231m2.53m−6.9%reduced
GOOGL ALPHABET INCCommunication Services1.2%$207m1.58m−19%reduced
CVS CVS HEALTH CORPHealthcare1.2%$202m2.89m+7.6%added
ABT ABBOTT LABORATORIESHealthcare1.2%$201m2.07m+14%added
V VISA INCFinancial Services1.2%$195m848,432−17%reduced
META META PLATFORMS INCCommunication Services1.1%$187m622,131+16%added
MDLZ MONDELEZ INTL INCConsumer Defensive1.0%$171m2.46m+2.1%added
MRK MERCK & CO. INCHealthcare1.0%$167m1.62m+19%added
ISRG INTUITIVE SURGICAL INCHealthcare0.9%$148m506,124+23%added
MCK MCKESSON CORPHealthcare0.9%$143m328,712+12%added
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.8%$137m74,629+11%added
MBB ISHARES TR–0.8%$132m1.48m+1.9%added
CL COLGATE PALMOLIVE COConsumer Defensive0.7%$121m1.70m+3.7%added
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.7%$121m2.28m+20%added
BKNG BOOKING HOLDINGS INCConsumer Cyclical0.7%$121m39,146−9.0%reduced
SYK STRYKER CORPORATIONHealthcare0.7%$113m413,519+7.2%added
FXI ISHARES TR–0.7%$108m4.09m+26%added
CMCSA COMCAST CORP NEWCommunication Services0.6%$101m2.29m+9.4%added
LQD ISHARES TR–0.6%$101m988,500+1.9%added
VEEV VEEVA SYS INCHealthcare0.6%$94.6m465,146−5.8%reduced
HCA HCA HEALTHCARE INCHealthcare0.6%$92.4m375,708+24%added
KR KROGER COConsumer Defensive0.6%$91.7m2.05m+15%added
BSX BOSTON SCIENTIFIC CORPHealthcare0.6%$91.6m1.74m−0.2%held
CSCO CISCO SYS INCTechnology0.5%$90.2m1.68m+45%added
TGT TARGET CORPConsumer Defensive0.5%$89.9m813,024+37%added
BDX BECTON DICKINSON & COHealthcare0.5%$89.9m347,693+5.7%added
ABBV ABBVIE INCHealthcare0.5%$85.9m575,960−9.2%reduced
KMB KIMBERLY-CLARK CORPConsumer Defensive0.5%$84.4m698,740+7.2%added
MCHI ISHARES TR–0.5%$84.1m1.94m+36%added
PM PHILIP MORRIS INTL INCConsumer Defensive0.5%$82.0m885,361+8.7%added
PYPL PAYPAL HLDGS INCFinancial Services0.5%$82.0m1.40m−6.7%reduced
BMY BRISTOL-MYERS SQUIBB COHealthcare0.5%$80.3m1.38m+23%added
SLB SLB LIMITEDEnergy0.5%$76.3m1.31m+113%added
EL LAUDER ESTEE COS INCConsumer Defensive0.5%$76.2m527,061+3.5%added
EW EDWARDS LIFESCIENCES CORPHealthcare0.4%$73.1m1.06m+35%added
UBER UBER TECHNOLOGIES INCTechnology0.4%$67.7m1.47m+39%added
DLTR DOLLAR TREE INCConsumer Defensive0.4%$65.0m610,401+3.2%added
GIS GENERAL MILLS INCConsumer Defensive0.4%$64.7m1.01m−4.9%reduced

Exited since Q2 2023

86 rows
CTVA CORTEVA INC0.1%$19.0m
ATVIEUR ACTIVISION BLIZZARD INC0.1%$16.6m
OKE ONEOK INC NEW0.1%$16.3m
MU MICRON TECHNOLOGY INC0.09%$13.8m
PSX PHILLIPS 660.08%$12.6m
DVN DEVON ENERGY CORP NEW0.07%$10.6m
ADM ARCHER DANIELS MIDLAND CO0.06%$9.2m
CB CHUBB LIMITED0.05%$8.2m
SHOP SHOPIFY INC0.05%$7.8m
CTRA COTERRA ENERGY INC0.05%$7.8m
BUNGE LIMITED no ticker0.05%$7.4m
PSA PUBLIC STORAGE0.04%$7.0m
TSM TAIWAN SEMICONDUCTOR MANUFAC0.04%$5.9m
WEX WEX INC0.04%$5.9m
O REALTY INCOME CORP0.03%$5.4m
CDW CDW CORP0.03%$5.3m
TXN TEXAS INSTRS INC0.03%$5.3m
SWN1EUR SOUTHWESTERN ENERGY CO0.03%$5.2m
NKE NIKE INC0.03%$5.0m
CAT CATERPILLAR INC0.02%$3.9m
MRNA MODERNA INC0.02%$3.8m
ZLAB ZAI LAB LTD0.02%$3.7m
PL PLANET LABS PBC0.02%$3.6m
IAU ISHARES GOLD TR0.02%$3.5m
SUI SUN CMNTYS INC0.02%$3.2m
DBX DROPBOX INC0.02%$3.2m
INVH INVITATION HOMES INC0.02%$2.8m
BGCPEUR BGC PARTNERS INC0.02%$2.7m
PDCEUSD PDC ENERGY INC0.02%$2.7m
NUVAGBP NUVASIVE INC0.01%$2.4m
LI LI AUTO INC0.01%$2.3m
WWW WOLVERINE WORLD WIDE INC0.01%$2.3m
USNA USANA HEALTH SCIENCES INC0.01%$2.2m
ONC BEIGENE LTD0.01%$2.2m
COLD AMERICOLD REALTY TRUST INC0.01%$2.0m
NFG NATIONAL FUEL GAS CO0.01%$2.0m
EQIX EQUINIX INC0.01%$2.0m
INVA INNOVIVA INC0.01%$1.8m
HONGBP HONEYWELL INTL INC0.01%$1.8m
LZB LA Z BOY INC0.01%$1.7m
WNC WABASH NATL CORP0.01%$1.7m
PRG PROG HOLDINGS INC0.01%$1.6m
JACK JACK IN THE BOX INC0.01%$1.5m
ELS EQUITY LIFESTYLE PROPERTIES0.01%$1.5m
EDU NEW ORIENTAL ED & TECHNOLOGY0.01%$1.4m
SBH SALLY BEAUTY HLDGS INC0.01%$1.4m
UPS UNITED PARCEL SERVICE INC0.01%$1.4m
SLP SIMULATIONS PLUS INC0.01%$1.3m
HCAT HEALTH CATALYST INC0.01%$1.3m
REXR REXFORD INDL RLTY INC0.01%$1.3m

Sector mix

  • Consumer Defensive26.0%
  • Unclassified20.4%
  • Healthcare19.6%
  • Consumer Cyclical12.6%
  • Technology4.8%
  • Financial Services4.8%
  • Communication Services4.5%
  • Energy2.4%
  • Industrials2.2%
  • Basic Materials1.2%
  • Real Estate0.8%
  • Utilities0.5%

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