Bridgewater Advisors portfolio

What changed this quarter

342 positions with a change (39 new, 176 added to, 108 trimmed, 19 sold); also, 2 entered through a spin-off. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• American Centy ETF Tr+348%more sharesIncreased
  0.5% → 1.9%
• Baldwin Insurance Group+1.2 ppof portfolioNew
  — → 1.2%
• American Centy ETF Tr+1.0 ppof portfolioNew
  — → 1.0%
• Dimensional ETF Trust−43%fewer sharesReduced
  2.3% → 1.2%
• Vanguard S&P 500 ETF+111%more sharesIncreased
  0.8% → 1.5%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• American Centy ETF TrAVLV6.1%
• American Centy ETF TrAVUS5.7%
• J P Morgan Exchange Traded FundJPST5.7%
• Vanguard Index FundsVTI5.2%
• J P Morgan Exchange Traded FundJBND4.9%
• Vanguard Int-term Corporate ETFVCIT4.6%
• AppleAAPL3.6%
• Dimensional ETF TrustDFAI3.4%
• American Centy ETF TrAVDE3.0%
• AlphabetGOOGL · GOOG2.4%
• MicrosoftMSFT2.0%
• J P Morgan Exchange Traded FundJMST1.9%
• American Centy ETF TrAVEM1.9%
• State Str Spdr S&P 500 ETF TSPY1.8%
• Vanguard NY Tax-ex Bond ETFMUNY1.6%
• Vanguard S&P 500 ETFVOO1.5%
• NVIDIANVDA1.4%
• Dimensional ETF TrustDFIC1.4%
• Dimensional ETF Trust1.2%
• J P Morgan Exchange Traded FundJMUB1.2%
• Amazon.comAMZN1.2%
• Baldwin Insurance GroupBWIN1.2%
• Invesco QQQ Trust Series 1 ETFQQQ1.1%
• American Centy ETF TrAVUQ1.0%
• Dimensional ETF TrustDIHP1.0%
• Berkshire HathawayBRK/B · BRK/A1.0%
• JPMorgan ChaseJPM0.9%
• Dimensional ETF TrustDFAS0.9%
• Marriott InternationalMAR0.8%
• Meta PlatformsMETA0.8%
• Dimensional ETF TrustDFUV0.8%
• Vanguard International Equity Index FVT0.8%
• State Str Spdr DOW Jones INDDIA0.6%
• BroadcomAVGO0.6%
• American Centy ETF TrAVTM0.6%
• Dimensional ETF TrustDFAE0.5%
• Dimensional ETF TrustDFAC0.5%
• Goldman Sachs GroupGS0.5%
• Vanguard Dividend Apprec ETFVIG0.5%
• Exxon MobilXOM0.5%
• AonAON0.4%
• MastercardMA0.4%
• Taiwan Semiconductor ManufacturingTSM0.4%
• KLAKLAC0.4%
• Cisco SystemsCSCO0.4%
• Dimensional ETF TrustDFUS0.3%
• NetflixNFLX0.3%
• Johnson & JohnsonJNJ0.3%
• VisaV0.3%
• American ExpressAXP0.3%
• iShares Core S&P 500 ETFIVV0.3%
• Eli LillyLLY0.2%
• WalmartWMT0.2%
• Colgate-palmoliveCL0.2%
• TeslaTSLA0.2%
• Applied MaterialsAMAT0.2%
• ServiceNowNOW0.2%
• iShares Msci Eafe ETFEFA0.2%
• CumminsCMI0.2%
• Rocket CompaniesRKT0.2%
• Schwab International Equity ETFSCHF0.2%
• SPDR Gold Minishares Trust ETFGLDM0.2%
• Micron TechnologyMU0.2%
• Walt DisneyDIS0.2%
• Procter & GamblePG0.2%
• SPDR Gold Shares ETFGLD0.2%
• Advanced Micro DevicesAMD0.2%
• Vanguard Info Tech ETFVGT0.2%
• Mueller IndustriesMLI0.2%
• Dimensional ETF TrustDFEM0.2%
• GE AerospaceGE0.2%
• MerckMRK0.2%
• iShares Core S&P Midcap ETFIJH0.2%
• Bank of AmericaBAC0.2%
• Dimensional ETF TrustDFAT0.1%
• Cboe Global MarketsCBOE0.1%
• Kayne Anderson Energy InfrstKYN0.1%
• Home DepotHD0.1%
• AbbVieABBV0.1%
• Vanguard Total Bond Market ETFBND0.1%
• Vanguard Index FundsVO0.1%
• BlackstoneBX0.1%
• iShares 5-10y INV Grade ETFIGIB0.1%
• ASML HoldingASML0.1%
• International Business MachinesIBM0.1%
• GE VernovaGEV0.1%
• Vanguard International Equity Index FVWO0.1%
• Palo Alto NetworksPANW0.1%
• Cardinal HealthCAH0.1%
• AmgenAMGN0.1%
• Essential UtilitiesWTRG0.1%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.1%
• CaterpillarCAT0.1%
• RTXRTX0.1%
• Quanta ServicesPWR0.1%
• Coca-ColaKO0.1%
• State Street Technology Select Sector ETFXLK0.1%
• IntelINTC0.1%