Funds › Bridgewater Associates, LP › Q3 2025Bridgewater Associates, LP 13F holdings, Q3 2025 Bridgewater Associates, LP disclosed 1014 US equity positions worth $25.5bn in its Q3 2025 13F filing. Its largest position is IVV at 10.6% of the reported book, followed by SPY and GOOGL. Versus Q2 2025 it opened 493 new positions, added to 324, reduced 194 and exited 64.
$25.5bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
1,014 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.6% Largest position The largest single position as a share of the reported equity book.
32.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
46 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 2025: 493 new , 324 added , 194 reduced , 64 exited
50 of 1,014 Show all 1,014
Stock Sector Weight Value Shares Δ shares Action IVV ISHARES TR – 10.6% $2.7bn 4.05m +75% added SPY SPDR S&P 500 ETF Trust – 6.7% $1.7bn 2.57m −1.7% reduced GOOGL ALPHABET INC Communication Services 2.5% $645m 2.65m −53% reduced MSFT MICROSOFT CORP Technology 2.2% $568m 1.10m −36% reduced CRM SALESFORCE INC Technology 1.9% $476m 2.01m +22% added NVDA NVIDIA CORPORATION Technology 1.8% $468m 2.51m −65% reduced LRCX LAM RESEARCH CORP Technology 1.8% $464m 3.46m +111% added ADBE ADOBE INC Technology 1.7% $445m 1.26m +73% added BKNG BOOKING HOLDINGS INC Consumer Cyclical 1.6% $420m 77,731 +2.1% added GEV GE VERNOVA LLC Industrials 1.6% $400m 651,092 −16% reduced UBER UBER TECHNOLOGIES INC Technology 1.4% $353m 3.60m −3.5% reduced JNJ JOHNSON & JOHNSON Healthcare 1.2% $318m 1.72m −25% reduced META META PLATFORMS INC Communication Services 1.2% $306m 416,919 −48% reduced AMD ADVANCED MICRO DEVICES INC Technology 1.1% $290m 1.79m +2.3% added SE SEA LTD Consumer Cyclical 1.1% $287m 1.61m +84% added AVGO BROADCOM INC Technology 1.1% $279m 845,391 −27% reduced NOW SERVICENOW INC Technology 1.1% $278m 301,993 +54% added WDAY WORKDAY INC Technology 1.0% $250m 1.04m +132% added AMZN AMAZON COM INC Consumer Cyclical 1.0% $247m 1.12m −9.6% reduced MO ALTRIA GROUP INC Consumer Defensive 1.0% $244m 3.70m −2.0% reduced V VISA INC Financial Services 0.9% $231m 675,954 +4.9% added CMCSA COMCAST CORP NEW Communication Services 0.8% $216m 6.86m −21% reduced WFC WELLS FARGO & CO Financial Services 0.8% $213m 2.54m −29% reduced MA MASTERCARD INC Financial Services 0.8% $208m 366,256 +191% added FISV FISERV INC – 0.8% $205m 1.59m +26% added BTI BRITISH AMERN TOB PLC Consumer Defensive 0.8% $199m 3.74m +9.8% added PYPL PAYPAL HLDGS INC Financial Services 0.7% $189m 2.82m −10% reduced CI THE CIGNA GROUP Healthcare 0.7% $174m 603,139 −2.2% reduced EWY ISHARES INC – 0.6% $163m 2.04m +25% added EXPE EXPEDIA GROUP INC Consumer Cyclical 0.6% $156m 731,816 −14% reduced HCA HCA HEALTHCARE INC Healthcare 0.6% $145m 340,557 −16% reduced RDDT REDDIT INC Communication Services 0.6% $142m 617,208 – new MET METLIFE INC Financial Services 0.5% $137m 1.66m −12% reduced VWO VANGUARD INTL EQUITY INDEX F – 0.5% $134m 2.48m +35% added PINS PINTEREST INC Communication Services 0.5% $133m 4.13m +0.9% added REGN REGENERON PHARMACEUTICALS Healthcare 0.5% $132m 235,381 +164% added MBB ISHARES TR – 0.5% $129m 1.36m −7.2% reduced C CITIGROUP INC Financial Services 0.5% $128m 1.26m −23% reduced CSCO CISCO SYS INC Technology 0.5% $122m 1.79m −4.7% reduced KLAC KLA CORP Technology 0.5% $122m 112,740 +351% added NXPI NXP SEMICONDUCTORS N V Technology 0.5% $119m 523,933 +217% added HOOD ROBINHOOD MKTS INC Financial Services 0.5% $116m 807,514 – new ORCL ORACLE CORP Technology 0.4% $114m 406,279 +22% added LQD ISHARES TR – 0.4% $107m 962,500 −7.0% reduced GPN GLOBAL PMTS INC Industrials 0.4% $104m 1.25m −6.7% reduced ANET ARISTA NETWORKS INC Technology 0.4% $99.1m 680,366 −24% reduced EBAY EBAY INC. Consumer Cyclical 0.4% $96.9m 1.07m −44% reduced AMAT APPLIED MATLS INC Technology 0.4% $94.9m 463,503 – new MFC MANULIFE FINL CORP Financial Services 0.4% $93.2m 2.99m −4.5% reduced GRAB HOLDINGS LIMITED no ticker – 0.4% $91.4m 15.18m +43% added
Exited since Q2 2025 Sector mix Technology 27.1% Unclassified 22.5% Financial Services 12.1% Consumer Cyclical 8.7% Healthcare 7.7% Communication Services 7.4% Industrials 5.8% Consumer Defensive 3.4% Energy 2.7% Basic Materials 1.3% Utilities 1.2% Real Estate 0.2% Book over time Every quarter on file (83) Where Bridgewater Associates, LP was early 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