§ 13F · FUND PROFILE
Bridgewater Associates.
Bridgewater Associates is the world's largest hedge fund managing $24.8 trillion in assets, renowned for pioneering the risk parity investment approach and global macro strategies. The firm is known for its systematic, research-driven methodology that seeks to balance risk across different asset classes and economic environments.
AUM · $24791.7T (13F)Positions · 585Turnover · — · Q4Filed · Feb 13, 2026
CONCENTRATION
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Top 10 holdings
NEW BUYS
0
+$734.9T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
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Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 13, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | SPY | SPDR S&P 500 ETF TR | 4.46M | $3038.2T | 11.1% | +74% |
| 2 | IVV | ISHARES TR | 4.19M | $2866.9T | 10.5% | +3% |
| 3 | NVDA | NVIDIA CORPORATION | 3.87M | $720.9T | 2.6% | +54% |
| 4 | LRCX | LAM RESEARCH CORP | 3.04M | $520.7T | 1.9% | −12% |
| 5 | CRM | SALESFORCE INC | 1.93M | $511.8T | 1.9% | −4% |
| 6 | GOOGL | ALPHABET INC | 1.59M | $497.9T | 1.8% | −40% |
| 7 | MSFT | MICROSOFT CORP | 984K | $475.9T | 1.7% | −10% |
| 8 | AMZN | AMAZON COM INC | 1.95M | $449.7T | 1.6% | +73% |
| 9 | ADBE | ADOBE INC | 1.28M | $446.3T | 1.6% | +1% |
| 10 | GEV | GE VERNOVA INC | 666K | $435.3T | 1.6% | +2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE BRIDGEWATER SIGNAL
AC read
Bridgewater Associates' latest 13F filing reveals a surprisingly concentrated approach to what appears to be a massive $24.8 trillion portfolio, though this figure seems extraordinarily large and may reflect reporting anomalies or data aggregation issues typical in institutional filings. The fund's 585 positions show a heavy emphasis on broad market exposure through ETFs, with SPY (SPDR S&P 500 ETF) and IVV (iShares Core S&P 500 ETF) dominating the top holdings across multiple position sizes. These two instruments alone appear to represent roughly 60% of the reported top holdings, suggesting Bridgewater is maintaining significant exposure to large-cap U.S. equities through low-cost index vehicles.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed