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Hedge fund

Bridgewater Associates, LP

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1350694

Reported value
$24.4bn
68% in companies we cover
Positions we cover
947
Largest NVDA 3.2%
Copy, a year
+10.4%
S&P 500 +14.1%
Copy Sharpe ratio
0.54
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$37.0k
CopyS&P 500 $10,000 copying Bridgewater Associates, LP's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −40.0% (S&P 500 −31.8%); beta 1.00; alpha −3.0% a year (t = −1.63); last 12 months +8.6% against +12.1%.

Reported value by quarter

Bridgewater Associates, LP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $5T $10T $15T $20T Reported value, 2013-06-30: $11.4B Reported value, 2013-09-30: $11.9B Reported value, 2013-12-31: $12.5B Reported value, 2014-03-31: $12.2B Reported value, 2014-06-30: $13.3B Reported value, 2014-09-30: $12.8B Reported value, 2014-12-31: $12.5B Reported value, 2015-03-31: $12.8B Reported value, 2015-06-30: $10.8B Reported value, 2015-09-30: $7.5B Reported value, 2015-12-31: $7.7B Reported value, 2016-03-31: $7.9B Reported value, 2016-06-30: $8B Reported value, 2016-09-30: $10.2B Reported value, 2016-12-31: $10.5B Reported value, 2017-03-31: $8.8B Reported value, 2017-06-30: $10.9B Reported value, 2017-09-30: $14.9B Reported value, 2017-12-31: $12.2B Reported value, 2018-03-31: $1.3M Reported value, 2018-06-30: $10B Reported value, 2018-09-30: $9.7B Reported value, 2018-12-31: $10.9B Reported value, 2019-03-31: $16.3B Reported value, 2019-06-30: $12.8B Reported value, 2019-09-30: $11.4B Reported value, 2019-12-31: $9.8B Reported value, 2020-03-31: $5B Reported value, 2020-06-30: $6B Reported value, 2020-09-30: $8.3B Reported value, 2020-12-31: $11.6B Reported value, 2021-03-31: $11.3B Reported value, 2021-06-30: $15.6B Reported value, 2021-09-30: $18.3B Reported value, 2021-12-31: $17.2B Reported value, 2022-03-31: $24.8B Reported value, 2022-06-30: $23.6B Reported value, 2022-09-30: $19.8B Reported value, 2022-12-31: $18.3T Reported value, 2023-03-31: $16.4B Reported value, 2023-06-30: $16.2B Reported value, 2023-09-30: $16.5B Reported value, 2023-12-31: $17.9B Reported value, 2024-03-31: $19.8B Reported value, 2024-06-30: $19.2B Reported value, 2024-09-30: $17.7B Reported value, 2024-12-31: $21.8B Reported value, 2025-03-31: $21.6B Reported value, 2025-06-30: $24.8B Reported value, 2025-09-30: $25.5B Reported value, 2025-12-31: $27.4B Reported value, 2026-03-31: $22.4B Reported value, 2026-06-30: $24.4B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $24.4B
View chart data
Period Reported value
2013-06-30 $11.4B
2013-09-30 $11.9B
2013-12-31 $12.5B
2014-03-31 $12.2B
2014-06-30 $13.3B
2014-09-30 $12.8B
2014-12-31 $12.5B
2015-03-31 $12.8B
2015-06-30 $10.8B
2015-09-30 $7.5B
2015-12-31 $7.7B
2016-03-31 $7.9B
2016-06-30 $8B
2016-09-30 $10.2B
2016-12-31 $10.5B
2017-03-31 $8.8B
2017-06-30 $10.9B
2017-09-30 $14.9B
2017-12-31 $12.2B
2018-03-31 $1.3M
2018-06-30 $10B
2018-09-30 $9.7B
2018-12-31 $10.9B
2019-03-31 $16.3B
2019-06-30 $12.8B
2019-09-30 $11.4B
2019-12-31 $9.8B
2020-03-31 $5B
2020-06-30 $6B
2020-09-30 $8.3B
2020-12-31 $11.6B
2021-03-31 $11.3B
2021-06-30 $15.6B
2021-09-30 $18.3B
2021-12-31 $17.2B
2022-03-31 $24.8B
2022-06-30 $23.6B
2022-09-30 $19.8B
2022-12-31 $18.3T
2023-03-31 $16.4B
2023-06-30 $16.2B
2023-09-30 $16.5B
2023-12-31 $17.9B
2024-03-31 $19.8B
2024-06-30 $19.2B
2024-09-30 $17.7B
2024-12-31 $21.8B
2025-03-31 $21.6B
2025-06-30 $24.8B
2025-09-30 $25.5B
2025-12-31 $27.4B
2026-03-31 $22.4B
2026-06-30 $24.4B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NVDANVIDIA Corporation3.17%$773.6m3.87M−17.6% Reduced
AVGOBroadcom2.04%$497.8m1.32M−28.2% Reduced
AMZNAmazon1.98%$482.8m2.03M−53.8% Reduced
GOOGLAlphabet Inc. (Class A)1.94%$472.5m1.32M−33.8% Reduced
LRCXLam Research1.67%$406.6m938.2K−40.3% Reduced
AMDAdvanced Micro Devices1.28%$312.9m538.6K−58.3% Reduced
MSFTMicrosoft Corporation1.09%$265.6m711.9K−34.4% Reduced
NEMNewmont1.03%$251.7m2.70M+16.3% Added
AMATApplied Materials0.86%$210.7m291.4K−48.0% Reduced
ORCLOracle Corporation0.86%$210.0m1.43M−10.0% Reduced
STXSeagate Technology0.79%$192.8m199.8K−39.3% Reduced
JNJJohnson & Johnson0.70%$169.9m669.1K−4.0% Reduced
GEVGE Vernova0.59%$144.2m122.8K−71.8% Reduced
UNPUnion Pacific Corporation0.57%$139.9m514.3K−3.5% Reduced
MUMicron Technology0.55%$134.7m116.7K−92.1% Reduced
MOAltria0.51%$124.3m1.73M+1.3% Added
APHAmphenol0.51%$123.0m697.6K−19.2% Reduced
ASMLAsml Holding NV0.50%$122.7m61.7K−33.1% Reduced
BBarrick Mining Corp0.50%$121.4m3.30M+7.3% Added
CLSCelestica Inc0.49%$120.6m330.7K−37.1% Reduced
VSTVistra Corp.0.49%$119.2m751.7K+115.7% Added
SHELShell plc0.48%$118.3m1.53M+388.9% Added
SESea Ltd0.47%$115.4m1.20M−10.0% Reduced
NUENucor0.47%$114.4m513.4K−17.0% Reduced
PCARPaccar0.47%$113.6m946.1K+21.8% Added
WDCWestern Digital0.45%$110.1m172.4K−30.8% Reduced
CSXCSX Corporation0.43%$106.0m2.23M−6.1% Reduced
PBRPetrobras - Petroleo Brasileiro SA0.43%$105.4m6.52M+466.9% Added
AAPLApple Inc.0.43%$105.4m364.4K−35.3% Reduced
LLYLilly (Eli)0.43%$104.4m87.0K+22.9% Added
PCGPG&E Corporation0.41%$99.8m5.93M+24078.9% Added
KLACKLA Corporation0.41%$99.0m328.1K+201.9% Added
FIXComfort Systems USA0.39%$96.1m48.5K−43.9% Reduced
NXPINXP Semiconductors0.39%$94.8m337.4K+28.4% Added
WFCWells Fargo0.39%$94.7m1.15M+21.6% Added
EIXEdison International0.38%$91.9m1.23M+777.1% Added
MPCMarathon Petroleum0.37%$89.3m349.2K+351.9% Added
STLDSteel Dynamics0.36%$86.8m378.5K−13.6% Reduced
ESEversource Energy0.35%$86.4m1.20MNew
TELTE Connectivity0.35%$86.0m426.7K+26.9% Added
ADIAnalog Devices0.33%$80.7m203.2K+269.0% Added
HCAHCA Healthcare0.33%$79.2m203.2K+16.9% Added
TPRTapestry, Inc.0.32%$79.0m539.4K+68.4% Added
APPApplovin Corp0.31%$75.5m146.6KNew
VLOValero Energy0.30%$74.2m285.0K+112.7% Added
CCitigroup0.30%$73.2m522.7K−34.1% Reduced
EOGEOG Resources0.29%$70.0m539.4K+4190.7% Added
EDConsolidated Edison0.28%$69.0m623.6KNew
BKRBaker Hughes0.28%$67.7m1.22M−11.7% Reduced
NINiSource0.28%$67.0m1.41MNew
FTITechnipFMC plc0.27%$65.6m989.8K+294.7% Added
NOWServiceNow0.26%$63.1m635.4KNew
SLBSchlumberger0.26%$62.2m1.34M+79.8% Added
METAMeta Platforms0.25%$62.0m110.1K−62.3% Reduced
UTHRUnited Therapeutics Corp0.25%$60.3m111.3K+0.1%
CFGCitizens Financial Group0.24%$59.4m847.9K+18.8% Added
MNSTMonster Beverage0.24%$58.2m605.4K−21.5% Reduced
BACBank of America0.24%$58.2m1.02M−2.1% Reduced
DUKDuke Energy0.23%$56.0m442.1KNew
OVVOvintiv Inc.0.23%$54.8m1.04M+181.5% Added
HALHalliburton0.22%$54.0m1.59M+5441.4% Added
MRVLMarvell Technology0.22%$54.0m181.2K−90.7% Reduced
AUAnglogold Ashanti PLC0.22%$53.8m665.6K+11.4% Added
TFCTruist Financial0.22%$53.7m1.08M+47.4% Added
PPLPPL Corporation0.22%$53.4m1.47M+245.1% Added
MCKMcKesson0.22%$53.2m70.4K+4.4% Added
ARAntero Resources Corp0.22%$53.0m1.51M+793.4% Added
LUVSouthwest Airlines0.22%$52.6m1.02M+46.1% Added
METMetLife0.22%$52.6m621.5K−0.8% Reduced
NTNXNutanix, Inc.0.21%$50.9m998.8KNew
CIENCiena0.20%$49.6m101.0K−29.8% Reduced
CRDOCredo Technology Group Holding Ltd0.20%$48.7m179.0K−82.6% Reduced
INSMInsmed Inc0.20%$48.6m455.4K+54.1% Added
SBSWSibanye Stillwater Ltd0.20%$48.3m5.69M+28.6% Added
TERTeradyne0.20%$47.7m98.6K−70.9% Reduced
APAAPA Corporation0.19%$47.0m1.44MNew
TLNTalen Energy Corp0.19%$46.7m121.5K−54.3% Reduced
BPOPPopular, Inc.0.19%$45.7m278.2K−12.3% Reduced
CVSCVS Health0.19%$45.6m441.0K−28.7% Reduced
TEVATeva Pharmaceutical Industries LTD0.18%$44.9m1.33M+17.6% Added
RDDTReddit, Inc.0.18%$44.7m257.4K+274.1% Added
TKRTimken Co0.18%$44.0m302.7K+57.7% Added
ANETArista Networks0.18%$43.2m254.3K−80.9% Reduced
FHNFirst Horizon Corp0.17%$41.9m1.63M+0.1%
VZVerizon0.17%$41.5m980.5K+125.5% Added
BWABorgwarner Inc0.17%$41.4m623.5K−4.0% Reduced
NVTnVent Electric plc0.17%$41.2m243.0K−7.0% Reduced
ZIONZions Bancorporation, National Association0.17%$40.9m591.4K−18.4% Reduced
EXEExpand Energy0.17%$40.8m447.9KNew
NRGNRG Energy0.17%$40.6m277.9K−52.8% Reduced
ZBRAZebra Technologies0.16%$39.8m151.3K+947.8% Added
TOSTToast, Inc.0.16%$39.8m1.43M+323.7% Added
VALEVale S.a.0.16%$39.5m2.63M−34.1% Reduced
RIGTransocean Ltd.0.16%$38.9m7.96M+1803.0% Added
SPGIS&P Global0.16%$38.7m95.0K+190.6% Added
DLTRDollar Tree0.16%$38.2m315.9K+1225.1% Added
SUSuncor Energy Inc0.16%$38.1m708.8K+71.9% Added
GEGE Aerospace0.16%$38.0m101.6K−15.8% Reduced
MDTMedtronic0.15%$37.7m482.5K+89.0% Added
ONTOOnto Innovation Inc.0.15%$37.5m99.0K−71.6% Reduced
GILDGilead Sciences0.15%$36.7m290.9K+60.9% Added
KEYKeyCorp0.15%$36.3m1.57M+63.1% Added
HALOHalozyme Therapeutics, Inc.0.15%$36.3m463.1K−9.4% Reduced
LIILennox International0.15%$36.2m63.2K+1169.7% Added
NOVNOV Inc.0.15%$36.1m1.94M+964.3% Added
DINOHF Sinclair Corp0.15%$35.6m510.5K+63.0% Added
NBIXNeurocrine Biosciences Inc0.14%$34.7m205.7K+38.8% Added
FNBFNB Corp0.14%$34.4m1.80M−0.6% Reduced
UHSUniversal Health Services0.14%$33.9m228.1K+67.3% Added
ABNBAirbnb0.14%$33.9m236.9K+776.5% Added
JBLJabil0.14%$33.7m87.5K+121.2% Added
DECKDeckers Brands0.14%$33.4m336.6K−8.5% Reduced
BBIOBridgebio Pharma, Inc.0.14%$33.4m448.1K+72.7% Added
WALWestern Alliance Bancorporation0.14%$33.0m401.7K+110.5% Added
VMCVulcan Materials Company0.13%$32.1m108.7KNew
REGNRegeneron Pharmaceuticals0.13%$32.0m51.3K+125.9% Added
URIUnited Rentals0.13%$31.7m27.9K+169.9% Added
XYZBlock, Inc.0.13%$31.4m413.1K+193.6% Added
CAHCardinal Health0.13%$31.4m132.1K+14.6% Added
BTIBritish American Tobacco P.l.c.0.13%$31.3m506.7K−33.8% Reduced
AEMAgnico Eagle Mines LTD0.13%$30.5m196.8K+121.8% Added
DVNDevon Energy0.13%$30.4m735.2KNew
CRSCarpenter Technology Corp0.12%$30.1m48.9K+15.1% Added
QCOMQualcomm0.12%$30.0m162.5K−27.4% Reduced
ALNYAlnylam Pharmaceuticals, Inc.0.12%$30.0m99.6K−6.6% Reduced
UALUnited Airlines Holdings0.12%$29.7m218.6K+172.4% Added
WMTWalmart0.12%$29.3m258.8K+2.8% Added
COFCapital One0.12%$29.2m145.5KNew
KEYSKeysight Technologies0.12%$29.0m82.9K+9.8% Added
TMUST-Mobile US0.12%$28.9m172.6K+75.3% Added
AMEAmetek0.12%$28.5m117.7K+1.0% Added
VVisa Inc.0.12%$28.0m81.5K+223.9% Added
PRPermian Resources Corp0.12%$27.9m1.52MNew
GRABGrab Holdings Ltd0.11%$27.9m7.40M−11.1% Reduced
RRXRegal Rexnord Corp0.11%$27.8m116.8K+3100.5% Added
GMEDGlobus Medical Inc0.11%$27.8m352.0K+6.5% Added
MFCManulife Financial Corp0.11%$27.8m684.9K−67.6% Reduced
GPORGulfport Energy Corp0.11%$27.1m159.9K+74.2% Added
CFCF Industries0.11%$27.0m249.7K+1220.9% Added
DXCMDexcom0.11%$27.0m400.9K+187.0% Added
VTRSViatris0.11%$27.0m1.70M+134.0% Added
RGAReinsurance Group Of America Inc0.11%$26.9m126.4K+26.1% Added
EMEEmcor0.11%$26.8m32.2K−55.7% Reduced
GSKGSK plc0.11%$26.4m504.2K−27.8% Reduced
SANMSanmina Corp0.11%$26.3m104.0K+87.7% Added
OTISOtis Worldwide0.11%$26.1m364.3K+30.8% Added
FORMFormfactor Inc0.11%$26.0m162.6K+223.8% Added
EGEverest Group0.11%$25.8m72.2K+310.6% Added
CVXChevron Corporation0.10%$25.7m154.8K+5374.1% Added
MCHPMicrochip Technology Inc0.10%$25.2m275.9K+853.3% Added
CompanyBought (value)Shares
PCGPG&E Corporation$99.4m5.91M
SHELShell plc$94.1m1.21M
PBRPetrobras - Petroleo Brasileiro SA$86.8m5.37M
ESEversource Energy$86.4m1.20M
EIXEdison International$81.4m1.09M
APPApplovin Corp$75.5m146.6K
MPCMarathon Petroleum$69.5m271.9K
EDConsolidated Edison$69.0m623.6K
EOGEOG Resources$68.3m526.9K
NINiSource$67.0m1.41M
KLACKLA Corporation$66.2m219.4K
VSTVistra Corp.$64.0m403.2K
NOWServiceNow$63.1m635.4K
ADIAnalog Devices$58.8m148.1K
DUKDuke Energy$56.0m442.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
MUMicron Technology−$1.6bn−1.36M
AMZNAmazon−$563.3m−2.36M
MRVLMarvell Technology−$526.6m−1.77M
TSMTaiwan Semiconductor Manufacturing Co LTD−$497.9m−1.04M
AMDAdvanced Micro Devices−$438.1m−754.1K
GEVGE Vernova−$366.7m−312.1K
ALABAstera Labs, Inc.−$362.2m−749.9K
LRCXLam Research−$274.3m−633.0K
GOOGLAlphabet Inc. (Class A)−$241.4m−675.5K
CRDOCredo Technology Group Holding Ltd−$230.9m−849.2K
ARMARM Holdings PLC−$208.6m−588.4K
AVGOBroadcom−$195.5m−517.5K
AMATApplied Materials−$194.1m−268.5K
ANETArista Networks−$182.8m−1.08M
NVDANVIDIA Corporation−$165.4m−826.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
CSCOCisco$63.8m822.9K
ASXASE Technology Holding Co., Ltd.$33.6m1.55M
CRWVCoreweave, Inc.$28.2m364.0K
PRIMPrimoris Services Corp$19.5m136.2K
AAOIApplied Optoelectronics, Inc.$18.9m223.9K
PLTRPalantir Technologies Inc.$18.8m128.2K
NBISNebius Group N.V.$16.3m157.1K
SLFSUN Life Financial Inc$15.7m250.6K
BMYBristol Myers Squibb$14.7m241.7K
CFRCullen/frost Bankers, Inc.$12.7m92.9K
TWLOTwilio Inc$12.3m97.5K
PINSPinterest, Inc.$12.1m660.5K
HUTHut 8 Corp.$11.5m245.7K
DKSDick's Sporting Goods, Inc.$9.7m48.9K
INSPInspire Medical Systems, Inc.$9.0m173.5K
NFLXNetflix$7.5m77.6K
ETNEaton Corporation$7.0m19.5K
ITTITT Inc.$6.9m36.0K
CNACNA Financial Corp$6.7m145.7K
PWRQuanta Services$6.5m11.9K
DOCUDocusign, Inc.$6.3m132.8K
BRBRBellring Brands, Inc.$6.3m391.1K
ARWRArrowhead Pharmaceuticals, Inc.$6.0m95.6K
TTMITTM Technologies Inc$5.8m59.2K
GGenpact LTD$5.6m150.5K
BBYBest Buy$5.2m80.8K
LYVLive Nation Entertainment$4.9m32.3K
PRVAPrivia Health Group, Inc.$4.9m237.9K
HEIHeico Corp$4.8m17.5K
APGApi Group Corp$4.8m118.4K
  • Technology30.9%
  • Industrials11.1%
  • Financials10.3%
  • Health Care9.6%
  • Energy8.9%
  • Materials7.3%
  • Consumer Discretionary7.0%
  • Utilities5.8%
  • Communication Services5.4%
  • Consumer Staples3.5%
  • Real Estate0.4%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+10.4%+14.1%0.540.78−40.0%1.00
2018 onwardsJanuary 5, 2018 to November 2, 2026+8.6%+13.9%0.380.66−40.0%0.99
Last three yearsNovember 3, 2023 to November 2, 2026+18.3%+21.8%0.911.16−17.4%0.97
Last yearNovember 7, 2025 to November 2, 2026+11.3%+14.2%0.510.84−9.8%1.16

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.