Bridgewater Advisors Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Bridgewater Advisors Inc. reported 399 stock positions worth $1.2 billion. Its top holding was JPMorgan Ultra-Short Income (JPST) at 8.9% of the portfolio, followed by Avantis US Large Cap Value (AVLV, 5.7%) and Vanguard Int-Term Corporate (VCIT, 4.5%). Compared with Q4 2024, it opened 272 new positions, sold out of 2, added to 65 and reduced 51. The biggest buy was Dimensional International (DFAI, shares +55%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001600319
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001085146-25-002555 ↗ filed May 2, 2025
Holdings Value
Holdings 399 stocks · $1.2B
| JPST JPMorgan Ultra-Short Income | 8.89% | 2,029,044 | $102.7M | Add +5.5% |
| AVLV Avantis US Large Cap Value | 5.71% | 1,051,553 | $66.0M | Add +6.5% |
| VCIT Vanguard Int-Term Corporate | 4.54% | 641,585 | $52.5M | Add +6.8% |
| AVUS Avantis U.S. Equity ETF | 4.51% | 573,707 | $52.1M | Add +11.8% |
| VTI VG Morningstar TS MKT ETF-US | 4.30% | 182,405 | $49.7M | Add +12.6% |
| AAPL Apple Inc. | 3.48% | 190,349 | $40.2M | Add +0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.05% | 63,502 | $35.2M | Reduce -0.1% |
| DFIC Dimensional International Co. | 3.00% | 1,198,690 | $34.7M | Reduce -22.9% |
| DFAI Dimensional International Co. | 2.73% | 973,981 | $31.6M | Add +55.3% |
| AVDE Avantis International Equity | 2.47% | 413,727 | $28.6M | Add +21.7% |
| MSFT Microsoft Corp. | 2.38% | 69,801 | $27.5M | Add +3.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 2.16% | 491,440 | $25.0M | Add +0.2% |
| DUHP Dimensional US High Profi Et | 2.01% | 715,298 | $23.3M | Add +24.1% |
| DIHP Dimensional International Hi | 1.99% | 828,561 | $23.0M | Reduce -28.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.86% | 53,185 | $21.6M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.79% | 43,395 | $20.6M | Reduce -25.8% |
| NVDA Nvidia Corp. | 1.33% | 141,315 | $15.4M | Add +15.1% |
| META Meta Platforms Inc. Class A | 1.32% | 27,604 | $15.3M | Add +5.4% |
| AMZN Amazon.com Inc. | 1.08% | 66,913 | $12.5M | Add +2.1% |
| DFAR Dimensional US Real Est ETF | 1.08% | 539,518 | $12.5M | Add +4.3% |
| MAR Marriott International Class A | 1.08% | 52,012 | $12.5M | Add +4.1% |
| GOOGL Alphabet Inc. Class A | 0.98% | 70,443 | $11.3M | Reduce -1.6% |
| VT Vanguard Tot World STK ETF | 0.92% | 91,146 | $10.6M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 0.91% | 42,813 | $10.5M | Add +1.0% |
| DFUV Dimensional US Marketwide Va | 0.88% | 257,301 | $10.1M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.83% | 12 | $9.6M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.83% | 17,929 | $9.6M | Add +7.9% |
| DFAS Dimensional US Small Cap ETF | 0.81% | 160,383 | $9.3M | Add +9.1% |
| VOO Vanguard S&P 500 ETF | 0.81% | 18,279 | $9.3M | Add +0.8% |
| DFAE Dimensional Emerging Core Eq | 0.80% | 357,945 | $9.3M | Add +5.0% |
| NFLX Netflix Inc. | 0.72% | 7,403 | $8.3M | New |
| AON Aon PLC Class A | 0.66% | 21,694 | $7.6M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.65% | 13,973 | $7.5M | Add +1.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.62% | 146,969 | $7.2M | New |
| VIG Vanguard Dividend Apprec ETF | 0.60% | 36,193 | $6.9M | Add +0.0% |
| V Visa Inc. Class A | 0.58% | 19,668 | $6.7M | Add +1.8% |
| DFAC Dimensional US Core Equity 2 | 0.57% | 202,790 | $6.6M | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 0.56% | 39,907 | $6.5M | Add +3.9% |
| NOW ServiceNow Inc. | 0.53% | 6,490 | $6.1M | New |
| XOM Exxon Mobil Corp. | 0.49% | 52,616 | $5.7M | Add +12.9% |
| AVEM Avantis Emerging Markets Eq | 0.48% | 92,055 | $5.6M | Reduce -9.1% |
| GS Goldman Sachs Group Inc. | 0.46% | 9,730 | $5.3M | New |
| CL Colgate-Palmolive Co. | 0.43% | 53,700 | $5.0M | Reduce -5.8% |
| DFUS Dimensional US Eq MKT ETF | 0.42% | 81,829 | $4.9M | Add +25.1% |
| COOP Mr Cooper Group Inc. | 0.35% | 33,621 | $4.0M | Add +8.1% |
| MLI Mueller Industries Inc. | 0.32% | 51,354 | $3.7M | Reduce -2.6% |
| JNJ Johnson & Johnson | 0.32% | 23,809 | $3.7M | Add +6.8% |
| TSLA Tesla Inc. | 0.31% | 12,282 | $3.6M | New |
| LLY Eli Lilly & Co. | 0.30% | 3,905 | $3.5M | New |
| EFA iShares MSCI Eafe ETF | 0.30% | 40,316 | $3.4M | Reduce -0.8% |
| CAH Cardinal Health Inc. | 0.28% | 22,879 | $3.2M | Reduce -3.9% |
| AVGO Broadcom Inc. | 0.27% | 16,470 | $3.1M | Add +7.4% |
| KLAC KLA Corp. | 0.26% | 4,446 | $3.1M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 18,586 | $3.1M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.26% | 18,837 | $3.1M | Reduce -0.7% |
| GLDM SPDR Gold Minishares Trust | 0.26% | 46,001 | $3.0M | No change |
| GLD SPDR Gold Shares | 0.25% | 9,515 | $2.9M | Reduce -7.3% |
| DFEM Dimensional Emrg MRKT Core | 0.23% | 99,011 | $2.6M | Reduce -2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 28,669 | $2.6M | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 0.22% | 43,532 | $2.5M | Add +2.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 10,264 | $2.5M | Add +2.2% |
| TMUS T-Mobile US Inc. | 0.21% | 10,060 | $2.4M | Reduce -1.9% |
| BKNG Booking Holdings Inc. | 0.20% | 475 | $2.3M | New |
| KYN Kayne Anderson Energy Infra | 0.20% | 191,283 | $2.3M | No change |
| HD Home Depot Inc. | 0.19% | 6,212 | $2.2M | New |
| MCD McDonald's Corp. | 0.19% | 7,083 | $2.2M | New |
| WTRG Essential Utilities Inc. | 0.19% | 53,796 | $2.2M | Add +13.7% |
| AXP American Express Co. | 0.19% | 8,182 | $2.2M | New |
| BX Blackstone Inc. | 0.19% | 16,078 | $2.1M | Reduce -0.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.18% | 40,313 | $2.1M | Reduce -19.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.18% | 8,148 | $2.1M | New |
| CBOE Cboe Global Markets Inc. | 0.18% | 9,449 | $2.1M | Reduce -13.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 5,368 | $2.0M | New |
| WMT Walmart Inc. | 0.17% | 20,579 | $2.0M | Add +2.6% |
| ABBV Abbvie Inc. | 0.17% | 10,027 | $1.9M | New |
| MRK Merck & Co. Inc. | 0.17% | 22,572 | $1.9M | Reduce -5.2% |
| UNH Unitedhealth Group Inc. | 0.16% | 4,630 | $1.9M | New |
| CMI Cummins Inc. | 0.16% | 6,451 | $1.9M | New |
| DFAT Dimensional US Target Value | 0.16% | 37,875 | $1.9M | No change |
| IVV iShares Core S&P 500 ETF | 0.16% | 3,346 | $1.9M | New |
| DXC DXC Technology Co. | 0.16% | 116,646 | $1.8M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.15% | 1,797 | $1.8M | New |
| AIG American International Group | 0.15% | 21,249 | $1.7M | Reduce -3.0% |
| QCOM Qualcomm Inc. | 0.15% | 11,856 | $1.7M | Reduce -22.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.15% | 43,147 | $1.7M | Add +1.3% |
| DTM DT Midstream Inc. | 0.14% | 16,567 | $1.6M | Reduce -3.1% |
| ABT Abbott Laboratories | 0.14% | 12,476 | $1.6M | Add +7.3% |
| PFE Pfizer Inc. | 0.14% | 65,593 | $1.6M | Reduce -0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.12% | 8,399 | $1.4M | New |
| UNP Union Pacific Corp. | 0.12% | 6,399 | $1.4M | New |
| SAP Sap SE-Sponsored ADR | 0.12% | 4,671 | $1.4M | New |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.12% | 29,954 | $1.4M | Add +34.6% |
| AMAT Applied Materials Inc. | 0.11% | 8,539 | $1.3M | New |
| PLTR Palantir Technologies Inc. Class A | 0.11% | 10,942 | $1.3M | New |
| DHR Danaher Corp. | 0.11% | 6,382 | $1.3M | New |
| BA The Boeing Co. | 0.11% | 6,927 | $1.3M | New |
| COIN Coinbase Global Inc. Class A | 0.11% | 6,096 | $1.3M | New |
| NVS Novartis AG-Sponsored ADR | 0.11% | 11,009 | $1.2M | Reduce -2.9% |
| XLK SS Technology Select Sector | 0.10% | 5,795 | $1.2M | New |
| VGT Vanguard Info Tech ETF | 0.10% | 2,205 | $1.2M | New |
Portfolio Sells Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -25.8% | 1.79% | −1.30 |
| DFIC Dimensional International Co. | Reduce -22.9% | 3.00% | −1.16 |
| DIHP Dimensional International Hi | Reduce -28.4% | 1.99% | −1.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 3.05% | −0.81 |
| GOOGL Alphabet Inc. Class A | Reduce -1.6% | 0.98% | −0.44 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.8% | 0.57% | −0.18 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −0.16 |
| PFGC Performance Food Group Co. | Reduce -76.4% | 0.03% | −0.13 |
| DELL Dell Technologies -C | Reduce -62.1% | 0.05% | −0.13 |
| AVEM Avantis Emerging Markets Eq | Reduce -9.1% | 0.48% | −0.13 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.13 |
| FVCB Fvcbankcorp Inc. | Reduce -50.4% | 0.08% | −0.12 |
| MLI Mueller Industries Inc. | Reduce -2.6% | 0.32% | −0.12 |
| DIS The Walt Disney Co. | Reduce -2.4% | 0.23% | −0.11 |
| QCOM Qualcomm Inc. | Reduce -22.7% | 0.15% | −0.10 |
| BX Blackstone Inc. | Reduce -0.3% | 0.19% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -5.8% | 0.43% | −0.09 |
| DXC DXC Technology Co. | Reduce -0.1% | 0.16% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -5.2% | 0.17% | −0.08 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -19.1% | 0.18% | −0.08 |
| GPK Graphic Packaging Holding Co. | Reduce -37.7% | 0.07% | −0.08 |
| DTM DT Midstream Inc. | Reduce -3.1% | 0.14% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 0.26% | −0.05 |
| PFE Pfizer Inc. | Reduce -0.5% | 0.14% | −0.05 |
| DFEM Dimensional Emrg MRKT Core | Reduce -2.4% | 0.23% | −0.04 |
| CBOE Cboe Global Markets Inc. | Reduce -13.0% | 0.18% | −0.04 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -21.1% | 0.06% | −0.04 |
| SCHF Schwab Intl Equity ETF | Reduce -38.6% | 0.05% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.6% | 0.07% | −0.04 |
| EFAX State Street SPDR MSCI Eafe | Reduce -53.4% | 0.03% | −0.03 |
| CSX CSX Corp. | Reduce -1.6% | 0.08% | −0.03 |
| USB US Bancorp | Reduce -2.2% | 0.06% | −0.03 |
| CAH Cardinal Health Inc. | Reduce -3.9% | 0.28% | −0.03 |
| DXCM Dexcom Inc. | Reduce -2.9% | 0.08% | −0.03 |
| WIT Wipro Ltd.-ADR | Reduce -10.0% | 0.04% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -0.8% | 0.30% | −0.02 |
| CAG Conagra Brands Inc. | Reduce -4.7% | 0.06% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -10.8% | 0.05% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -8.6% | 0.10% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -22.1% | 0.04% | −0.02 |
| TMUS T-Mobile US Inc. | Reduce -1.9% | 0.21% | −0.02 |
| UL Unilever PLC | Reduce -11.5% | 0.09% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -7.5% | 0.07% | −0.02 |
| AIG American International Group | Reduce -3.0% | 0.15% | −0.02 |
| INTC Intel Corp. | Reduce -18.9% | 0.04% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.3% | 0.04% | −0.01 |
| GLD SPDR Gold Shares | Reduce -7.3% | 0.25% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -2.9% | 0.11% | −0.01 |
| ASX Ase Technology Holding -ADR | Reduce -1.1% | 0.02% | −0.01 |
| SMFG Sumitomo Mitsui-Spons ADR | Reduce -0.4% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| DFAI Dimensional International Co. | Add +55.3% | 2.73% | +0.83 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.83% | +0.83 |
| NFLX Netflix Inc. | New | 0.72% | +0.72 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.62% | +0.62 |
| NOW ServiceNow Inc. | New | 0.53% | +0.53 |
| GS Goldman Sachs Group Inc. | New | 0.46% | +0.46 |
| TSLA Tesla Inc. | New | 0.31% | +0.31 |
| AVDE Avantis International Equity | Add +21.7% | 2.47% | +0.31 |
| LLY Eli Lilly & Co. | New | 0.30% | +0.30 |
| KLAC KLA Corp. | New | 0.26% | +0.26 |
| BKNG Booking Holdings Inc. | New | 0.20% | +0.20 |
| HD Home Depot Inc. | New | 0.19% | +0.19 |
| MCD McDonald's Corp. | New | 0.19% | +0.19 |
| AXP American Express Co. | New | 0.19% | +0.19 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.18% | +0.18 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.18% | +0.18 |
| ABBV Abbvie Inc. | New | 0.17% | +0.17 |
| UNH Unitedhealth Group Inc. | New | 0.16% | +0.16 |
| CMI Cummins Inc. | New | 0.16% | +0.16 |
| IVV iShares Core S&P 500 ETF | New | 0.16% | +0.16 |
| COST Costco Wholesale Corp. | New | 0.15% | +0.15 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.12% | +0.12 |
| UNP Union Pacific Corp. | New | 0.12% | +0.12 |
| SAP Sap SE-Sponsored ADR | New | 0.12% | +0.12 |
| AMAT Applied Materials Inc. | New | 0.11% | +0.11 |
| PLTR Palantir Technologies Inc. Class A | New | 0.11% | +0.11 |
| DHR Danaher Corp. | New | 0.11% | +0.11 |
| BA The Boeing Co. | New | 0.11% | +0.11 |
| COIN Coinbase Global Inc. Class A | New | 0.11% | +0.11 |
| XLK SS Technology Select Sector | New | 0.10% | +0.10 |
| VGT Vanguard Info Tech ETF | New | 0.10% | +0.10 |
| RY Royal Bank of Canada | New | 0.10% | +0.10 |
| MRSH Marsh & McLennan Cos | New | 0.10% | +0.10 |
| PM Philip Morris International | New | 0.10% | +0.10 |
| VXUS Vanguard Total Intl Stock | New | 0.10% | +0.10 |
| CRM Salesforce Inc. | New | 0.10% | +0.10 |
| RTX RTX Corp. | New | 0.10% | +0.10 |
| MMM 3M Co. | New | 0.10% | +0.10 |
| PGR Progressive Corp. | New | 0.09% | +0.09 |
| ADBE Adobe Inc. | New | 0.09% | +0.09 |
| INTU Intuit Inc. | New | 0.09% | +0.09 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.09% | +0.09 |
| ADP Automatic Data Processing | New | 0.09% | +0.09 |
| BSX Boston Scientific Corp. | New | 0.09% | +0.09 |
| CVX Chevron Corp. | New | 0.09% | +0.09 |
| ORCL Oracle Corp. | New | 0.08% | +0.08 |
| SPGI S&P Global Inc. | New | 0.08% | +0.08 |
| PEP Pepsico Inc. | New | 0.08% | +0.08 |
| TMO Thermo Fisher Scientific Inc. | New | 0.08% | +0.08 |
| CCI Crown Castle Inc. | New | 0.08% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 478 | $1.8B | AVLV, AVUS, JPST, VTI, JBND |
| Q1 2026 | 456 | $1.7B | AVLV, JPST, AVUS, VTI, JBND |
| Q4 2025 | 448 | $1.5B | JPST, AVLV, AVUS, VTI, VCIT |
| Q3 2025 | 434 | $1.4B | JPST, AVLV, AVUS, VCIT, VTI |
| Q2 2025 | 428 | $1.3B | JPST, AVLV, AVUS, VCIT, VTI |
| Q1 2025 | 399 | $1.2B | JPST, AVLV, VCIT, AVUS, VTI |
| Q4 2024 | 129 | $958.0M | JPST, AVLV, AVUS, VCIT, VTI |
| Q3 2024 | 136 | $954.0M | JPST, AVLV, DFIC, DIHP, VCIT |
| Q2 2024 | 132 | $808.2M | JPST, AVLV, DFIC, DIHP, A |
| Q1 2024 | 102 | $667.9M | JPST, AVLV, DFIC, DIHP, VTI |