Bridgewater Advisors Inc. Holdings Report (13F Filings)

CIK: 0001600319

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.7B

Reporting period: 2026-03-31 · Number of holdings: 456

Bridgewater Advisors Inc. disclosed 456 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.7B and a quarterly turnover rate of 17.4%.

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Personality snowflake

Concentration: 10.68
Portfolio Stability: 17.38
Momentum/Contrarian: 100
Sector conviction: 58.41
Diversification: 100
Sizing Uniformity: 66.54

Bridgewater Advisors Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.027 — mathematically equivalent to about 37 equally-sized positions, well below its 456 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 3.35), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 32% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Add AAPL
+14.4%　$17.8M
Add JBND
+30.2%　$19.2M
Trim DIA
-39.1%　-$8.7M
Add AVUS
+8.8%　$15.0M
Add MUNY
+43.5%　$8.2M
Trim JMST
-9.0%　-$3.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 456 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AVLV	Avantis US Large Cap Value	ETF-Large Cap & Growth	6.24%	+0.30%	+3.35%
2	JPST	Jpmorgan Ultra-short Income	ETF-Other	5.77%	-0.37%	+2.76%
3	AVUS	Avantis U.s. Equity ETF	ETF-Other	5.67%	+0.46%	+8.79%
4	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	5.19%	+0.25%	+6.42%
5	JBND	Jpmorgan Active Bond ETF	ETF-Other	5.15%	+0.79%	+30.20%
6	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	4.85%	+0.07%	+12.26%
7	AAPL	Apple INC	Stock-Tech	3.84%	+0.81%	+14.45%
8	DFAI	Dimensional International Co	ETF-Other	3.50%	+0.12%	+7.05%
9	AVDE	Avantis International Equity	ETF-Other	3.00%	+0.16%	+7.80%
10	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	2.34%	+0.01%	+1.16%
11	DUHP	Dimensional US High Profi Et	ETF-Other	2.30%	+0.04%	+6.03%
12	JMST	JPM Ultra-short Muni Income	ETF-Other	1.90%	-0.38%	-9.03%
13	DFIC	Dimensional International Co	ETF-Other	1.76%	-0.28%	-11.60%
14	JMUB	Jpmorgan Municipal ETF	ETF-Other	1.73%	+0.23%	+27.46%
15	NVDA	Nvidia CORP	Stock-Tech	1.71%	+0.13%	-4.27%
16	MSFT	Microsoft CORP	Stock-Tech	1.65%	-0.36%	-2.16%
17	MUNY	Vanguard Ny Tax-ex Bond	ETF-Other	1.63%	+0.39%	+43.52%
18	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.55%	+0.09%	-5.79%
19	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.52%	-0.26%	-20.05%
20	AMZN	Amazon.com INC	Stock-Consumer Disc	1.17%	+0.10%	+2.18%
21	DIHP	Dimensional International Hi	ETF-Other	1.11%	-0.36%	-21.17%
22	MAR	Marriott International -cl A	Stock-Consumer Disc	1.03%	+0.05%	+5.25%
23	DFAE	Dimensional Emerging Core Eq	ETF-Emerging Markets	1.03%	+0.11%	+5.78%
24	META	Meta Platforms Inc-class A	Stock-Comm Services	0.91%	—	-0.45%
25	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.91%	+0.05%	-4.78%
26	VT	Vanguard Tot World Stk ETF	ETF-Other	0.91%	+0.03%	+4.20%
27	DFAS	Dimensional US Small Cap ETF	ETF-Small Cap	0.84%	-0.02%	+5.07%
28	DIA	Ss Spdr Dow Jones Indus Avg	ETF-Large Cap & Growth	0.83%	-0.63%	-39.10%
29	DFUV	Dimensional US Marketwide Va	ETF-Other	0.81%	-0.01%	+0.13%
30	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.78%	+0.02%	+2.96%
31	JPM	Jpmorgan Chase & Co	Stock-Financials	0.77%	—	+1.29%
32	AVTM	Avantis Total Equity ETF	ETF-Other	0.61%	+0.61%	NEW
33	DFAC	Dimensional US Core Equity 2	ETF-Other	0.53%	—	-0.79%
34	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.53%	—	-2.06%
35	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.51%	—	-1.47%
36	GS	Goldman Sachs Group INC	Stock-Financials	0.50%	—	-5.50%
37	XOM	Exxon Mobil CORP	Stock-Energy	0.49%	—	-5.02%
38	AVEM	Avantis Emerging Markets Eq	ETF-Emerging Markets	0.48%	+0.02%	-2.91%
39	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.48%	—	—
40	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.43%	+0.03%	-4.51%
41	AVGO	Broadcom INC	Stock-Tech	0.43%	+0.07%	+2.33%
42	KLAC	Kla CORP	Stock-Tech	0.43%	—	-6.93%
43	AON	Aon plc	Stock-Financials	0.40%	+0.40%	NEW
44	NFLX	Netflix INC	Stock-Comm Services	0.40%	+0.04%	+17.63%
45	MA	Mastercard INC - A	Stock-Financials	0.39%	—	-1.92%
46	DFUS	Dimensional US Eq Mkt ETF	ETF-Other	0.37%	—	-0.04%
47	MLI	Mueller Industries INC	Stock-Industrials	0.36%	—	-7.81%
48	TSLA	Tesla INC	Stock-Consumer Disc	0.35%	—	-4.48%
49	V	Visa Inc-class A Shares	Stock-Financials	0.31%	—	-4.83%
50	JNJ	Johnson & Johnson	Stock-Healthcare	0.30%	—	-4.18%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

+3.6%

Performance Last 4 Quarters

+21.8%

Based on 63% of reported portfolio value with available pricing

Stdev: +11.3%
Beta: +0.8
Alpha: -0.1%
Max Drawdown: -6.2%
Annualized Perf: +15%
Batting Avg vs S&P: +44.4%
Sortino: +2.55
Stutzer: +0.38
Treynor: +0.18
Sterling: +0.99
Calmar: +2.43
Information Ratio: -0.75
Tracking Error: +5%
Stdev Down: +5.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +30.5%
Worst 12 Months: +4.1%
Efficiency Ratio: +0.5
Sharpe: +1.3
Stdev Sectors: +9.7%
Skewness: -0.02
Kurtosis: -0.5
Upside Potential: +4.28

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	456	$1.7B	17	1AVLV 2JPST 3AVUS Top holdings2026-03-31 1.AVLV 2.JPST 3.AVUS 4.VTI 5.JBND 6.VCIT 7.AAPL 8.DFAI 9.AVDE 10.SPY
2025-12-31	448	$1.5B	13	1JPST 2AVLV 3AVUS Top holdings2025-12-31 1.JPST 2.AVLV 3.AVUS 4.VTI 5.VCIT 6.JBND 7.DFAI 8.AAPL 9.AVDE 10.SPY
2025-09-30	434	$1.4B	29	1JPST 2AVLV 3AVUS Top holdings2025-09-30 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.JBND 7.AAPL 8.DFAI 9.AVDE 10.SPY
2025-06-30	428	$1.3B	0	1JPST 2AVLV 3AVUS Top holdings2025-06-30 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.AAPL 7.DFAI 8.MSFT 9.DFIC 10.AVDE
2025-03-31	399	$1.2B	100	1JPST 2AVLV 3VCIT Top holdings2025-03-31 1.JPST 2.AVLV 3.VCIT 4.AVUS 5.VTI 6.AAPL 7.SPY 8.DFIC 9.DFAI 10.AVDE
2024-12-31	129	$958.0M	0	1JPST 2AVLV 3AVUS Top holdings2024-12-31 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.AAPL 7.DFIC 8.SPY 9.QQQ 10.DIHP
2024-09-30	136	$954.0M	0	1JPST 2AVLV 3DFIC Top holdings2024-09-30 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.VCIT 6.AAPL 7.VTI 8.SPY 9.AVUS 10.QQQ
2024-06-30	132	$808.2M	0	1JPST 2AVLV 3DFIC Top holdings2024-06-30 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.A 6.AAPL 7.VTI 8.MSFT 9.AVUS 10.JMST
2024-03-31	102	$667.9M	0	1JPST 2AVLV 3DFIC Top holdings2024-03-31 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.VTI 6.JMST 7.AAPL 8.AVUS 9.HPQ 10.A
2023-12-31	99	$659.8M	0	1WFG 2JPST 3AVLV Top holdings2023-12-31 1.WFG 2.JPST 3.AVLV 4.JMST 5.DIHP 6.VTI 7.AAPL 8.DFIC 9.HPQ 10.A
2023-09-30	104	$623.5M	0	1WFG 2JPST 3VGIT Top holdings2023-09-30 1.WFG 2.JPST 3.VGIT 4.AVLV 5.DIHP 6.AAPL 7.JMST 8.VTI 9.DFIC 10.HPQ
2023-06-30	103	$498.7M	0	1JPST 2VGIT 3AVLV Top holdings2023-06-30 1.JPST 2.VGIT 3.AVLV 4.AAPL 5.DIHP 6.JMST 7.VTI 8.DFIC 9.AVDE 10.SUB
2023-03-31	113	$458.2M	0	1AVLV 2JPST 3JMST Top holdings2023-03-31 1.AVLV 2.JPST 3.JMST 4.DIHP 5.AAPL 6.HPQ 7.VTI 8.A 9.AVDE 10.DFIC
2022-12-31	111	$413.4M	0	1AVLV 2JMST 3JPST Top holdings2022-12-31 1.AVLV 2.JMST 3.JPST 4.DIHP 5.AAPL 6.HPQ 7.A 8.VTI 9.AVDE 10.SUB
2022-09-30	126	$361.5M	0	1AVLV 2AAPL 3JPST Top holdings2022-09-30 1.AVLV 2.AAPL 3.JPST 4.JMST 5.HPQ 6.VTI 7.A 8.SUB 9.KEYS 10.MSFT
2022-06-30	224	$482.5M	0	1WFG 2AVLV 3JPST Top holdings2022-06-30 1.WFG 2.AVLV 3.JPST 4.HPQ 5.JMST 6.AAPL 7.VTI 8.A 9.SUB 10.HPE
2022-03-31	239	$411.3M	0	1AAPL 2HPQ 3JMST Top holdings2022-03-31 1.AAPL 2.HPQ 3.JMST 4.JPST 5.VTI 6.A 7.CAPEUSD 8.HPE 9.KEYS 10.MSFT
2021-12-31	243	$454.4M	0	1JMST 2HPQ 3AAPL Top holdings2021-12-31 1.JMST 2.HPQ 3.AAPL 4.JPST 5.A 6.VTI 7.BND 8.KEYS 9.CAPEUSD 10.HPE
2021-09-30	239	$363.5M	0	1AAPL 2JPST 3A Top holdings2021-09-30 1.AAPL 2.JPST 3.A 4.HPQ 5.VTI 6.KEYS 7.HPE 8.PG 9.JMST 10.MSFT
2021-06-30	229	$314.6M	77	1JPST 2AAPL 3VTI Top holdings2021-06-30 1.JPST 2.AAPL 3.VTI 4.PG 5.META 6.MSFT 7.AMZN 8.DIS 9.CL 10.GOOGL
2021-03-31	156	$197.2M	100	1JPST 2VTI 3AAPL Top holdings2021-03-31 1.JPST 2.VTI 3.AAPL 4.JPM 5.GOOGL 6.MSFT 7.JNJ 8.VIG 9.DAR 10.JMST
2014-06-30	98	$119.5M	33	1AMJEUR 2CL378355W Top holdings2014-06-30 1.AMJEUR 2.CL 3.78355W 4.78355W 5.XOM 6.VTI 7.JNJ 8.GOOG 9.GLD 10.HP
2014-03-31	93	$99.4M	13	1AMJEUR 2XOM 3VTI Top holdings2014-03-31 1.AMJEUR 2.XOM 3.VTI 4.JNJ 5.GOOG 6.PFE 7.GLD 8.JPM 9.HP 10.CL
2013-12-31	85	$97.3M	0	1AMJEUR 2XOM 3VTI Top holdings2013-12-31 1.AMJEUR 2.XOM 3.VTI 4.GOOG 5.PFE 6.JNJ 7.VIG 8.JPM 9.GLD 10.CL

Holding changes this quarter

Bridgewater Advisors Inc.'s most significant position changes for 2026-03-31: New buy: Avantis Total Equity ETF (AVTM); New buy: Aon plc (AON); Sold out: Dimensional US Real Est ETF (DFAR); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: AstraZeneca PLC (AZN).

Position changes disclosed by Bridgewater Advisors Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+0.8%	+14.45%	Add
2	JBND	Jpmorgan Active Bond ETF	+0.8%	+30.20%	Add
3	AVUS	Avantis U.s. Equity ETF	+0.5%	+8.79%	Add
4	MUNY	Vanguard Ny Tax-ex Bond	+0.4%	+43.52%	Add
5	AVLV	Avantis US Large Cap Value	+0.3%	+3.35%	Add
6	VTI	Vanguard Total Stock Mkt ETF	+0.3%	+6.42%	Add
7	JMUB	Jpmorgan Municipal ETF	+0.2%	+27.46%	Add
8	AVDE	Avantis International Equity	+0.2%	+7.80%	Add
9	NVDA	Nvidia CORP	+0.1%	-4.27%	Trim
10	DFAI	Dimensional International Co	+0.1%	+7.05%	Add
11	DFAE	Dimensional Emerging Core Eq	+0.1%	+5.78%	Add
12	AMZN	Amazon.com INC	+0.1%	+2.18%	Add
13	MU	Micron Technology INC	+0.1%	+0.09%	Add
14	GOOGL	Alphabet Inc-cl A	+0.1%	-5.79%	Trim
15	VCIT	Vanguard Int-term Corporate	+0.1%	+12.26%	Add
16	AVGO	Broadcom INC	+0.1%	+2.33%	Add
17	AMD	Advanced Micro Devices	+0.1%	-5.59%	Trim
18	MAR	Marriott International -cl A	+0.1%	+5.25%	Add
19	GOOG	Alphabet Inc-cl C	+0.1%	-4.78%	Trim
20	INTC	Intel CORP	+0.1%	-18.24%	Trim
21	DUHP	Dimensional US High Profi Et	0%	+6.03%	Add
22	NFLX	Netflix INC	0%	+17.63%	Add
23	DFEM	Dimensional Emrg Mrkt Core	0%	+10.68%	Add
24	CSCO	Cisco Systems INC	0%	-6.45%	Trim
25	PWR	Quanta Services INC	0%	-1.93%	Trim
26	ASX	Ase Technology Holding -adr	0%	+28.99%	Add
27	VT	Vanguard Tot World Stk ETF	0%	+4.20%	Add
28	TSM	Taiwan Semiconductor-sp Adr	0%	-4.51%	Trim
29	VOO	Vanguard S&p 500 ETF	0%	+2.96%	Add
30	AVEM	Avantis Emerging Markets Eq	0%	-2.91%	Trim
31	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	+1.16%	Add
32	DFUV	Dimensional US Marketwide Va	0%	+0.13%	Add
33	DFAS	Dimensional US Small Cap ETF	0%	+5.07%	Add
34	DXC	Dxc Technology Co	-0.1%	-0.42%	Trim
35	CAH	Cardinal Health INC	-0.1%	-9.53%	Trim
36	IBM	Intl Business Machines CORP	-0.1%	-6.74%	Trim
37	RKT	Rocket Cos Inc-class A	-0.1%	+19.01%	Add
38	QQQ	Invesco Qqq Trust Series 1	-0.3%	-20.05%	Trim
39	BKNG	Booking Holdings INC	-0.3%	+204.37%	Add
40	DFIC	Dimensional International Co	-0.3%	-11.60%	Trim
41	DIHP	Dimensional International Hi	-0.4%	-21.17%	Trim
42	MSFT	Microsoft CORP	-0.4%	-2.16%	Trim
43	JPST	Jpmorgan Ultra-short Income	-0.4%	+2.76%	Add
44	JMST	JPM Ultra-short Muni Income	-0.4%	-9.03%	Trim
45	DIA	Ss Spdr Dow Jones Indus Avg	-0.6%	-39.10%	Trim
46	AVTM	Avantis Total Equity ETF	—	NEW	New buy
47	AON	Aon plc	—	NEW	New buy
48	DFAR	Dimensional US Real Est ETF	—	EXIT	Sold out
49	AZNN	Astrazeneca Plc-spons Adr	—	EXIT	Sold out
50	AZN	AstraZeneca PLC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-14	13F-HR	View on EDGAR
2025-12-31	2026-01-23	13F-HR	View on EDGAR
2025-09-30	2025-11-10	13F-HR	View on EDGAR
2025-06-30	2025-08-05	13F-HR	View on EDGAR
2025-03-31	2025-05-02	13F-HR	View on EDGAR
2024-12-31	2025-01-16	13F-HR	View on EDGAR
2024-09-30	2024-10-31	13F-HR	View on EDGAR
2024-06-30	2024-08-02	13F-HR	View on EDGAR
2024-03-31	2024-04-30	13F-HR	View on EDGAR
2023-12-31	2024-02-05	13F-HR	View on EDGAR
2023-09-30	2023-10-24	13F-HR	View on EDGAR
2023-06-30	2023-07-24	13F-HR	View on EDGAR
2023-03-31	2023-04-13	13F-HR	View on EDGAR
2022-12-31	2023-01-27	13F-HR	View on EDGAR
2022-09-30	2022-10-28	13F-HR	View on EDGAR
2022-06-30	2022-08-05	13F-HR	View on EDGAR
2022-03-31	2022-05-05	13F-HR	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-09-30	2021-11-02	13F-HR	View on EDGAR
2021-06-30	2021-08-06	13F-HR	View on EDGAR
2021-03-31	2021-05-20	13F-HR	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-01	13F-HR	View on EDGAR
2013-12-31	2014-02-21	13F-HR	View on EDGAR

FAQ

What is Bridgewater Advisors Inc. and what type of investor is it?

Bridgewater Advisors Inc. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.7B, spread across 456 disclosed positions.

What are Bridgewater Advisors Inc.'s largest equity positions?

Based on the latest 13F filing, Bridgewater Advisors Inc.'s top holdings by market value are: 1. Avantis US Large Cap Value (AVLV) — $105.0M (6.2%) 2. Jpmorgan Ultra-short Income (JPST) — $97.0M (5.8%) 3. Avantis U.s. Equity ETF (AVUS) — $95.3M (5.7%) 4. Vanguard Total Stock Mkt ETF (VTI) — $87.3M (5.2%) 5. Jpmorgan Active Bond ETF (JBND) — $86.5M (5.2%)

What changes did Bridgewater Advisors Inc. make in its most recent portfolio filing?

In the latest reported quarter, Bridgewater Advisors Inc. made 50 notable position adjustments: 3 new positions were initiated, 27 existing holdings were added to, 18 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Avantis Total Equity ETF (AVTM); New buy: Aon plc (AON); Sold out: Dimensional US Real Est ETF (DFAR); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: AstraZeneca PLC (AZN)

What sectors does Bridgewater Advisors Inc. focus on?

Bridgewater Advisors Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 35.7% • Financials: 16.6% • Communication Services: 12.9% • Consumer Discretionary: 10.3% • Industrials: 7.2% • Health Care: 6.6%

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Bridgewater Advisors Inc. Holdings Report (13F Filings)

CIK: 0001600319

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.7B

Reporting period: 2026-03-31 · Number of holdings: 456

Bridgewater Advisors Inc. disclosed 456 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.7B and a quarterly turnover rate of 17.4%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "B"

Personality snowflake

Concentration: 10.68
Portfolio Stability: 17.38
Momentum/Contrarian: 100
Sector conviction: 58.41
Diversification: 100
Sizing Uniformity: 66.54

Position sizes vary widely across the portfolio (a coefficient of variation of 3.35), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add AAPL
+14.4%　$17.8M
Add JBND
+30.2%　$19.2M
Trim DIA
-39.1%　-$8.7M
Add AVUS
+8.8%　$15.0M
Add MUNY
+43.5%　$8.2M
Trim JMST
-9.0%　-$3.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 456 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AVLV	Avantis US Large Cap Value	ETF-Large Cap & Growth	6.24%	+0.30%	+3.35%
2	JPST	Jpmorgan Ultra-short Income	ETF-Other	5.77%	-0.37%	+2.76%
3	AVUS	Avantis U.s. Equity ETF	ETF-Other	5.67%	+0.46%	+8.79%
4	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	5.19%	+0.25%	+6.42%
5	JBND	Jpmorgan Active Bond ETF	ETF-Other	5.15%	+0.79%	+30.20%
6	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	4.85%	+0.07%	+12.26%
7	AAPL	Apple INC	Stock-Tech	3.84%	+0.81%	+14.45%
8	DFAI	Dimensional International Co	ETF-Other	3.50%	+0.12%	+7.05%
9	AVDE	Avantis International Equity	ETF-Other	3.00%	+0.16%	+7.80%
10	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	2.34%	+0.01%	+1.16%
11	DUHP	Dimensional US High Profi Et	ETF-Other	2.30%	+0.04%	+6.03%
12	JMST	JPM Ultra-short Muni Income	ETF-Other	1.90%	-0.38%	-9.03%
13	DFIC	Dimensional International Co	ETF-Other	1.76%	-0.28%	-11.60%
14	JMUB	Jpmorgan Municipal ETF	ETF-Other	1.73%	+0.23%	+27.46%
15	NVDA	Nvidia CORP	Stock-Tech	1.71%	+0.13%	-4.27%
16	MSFT	Microsoft CORP	Stock-Tech	1.65%	-0.36%	-2.16%
17	MUNY	Vanguard Ny Tax-ex Bond	ETF-Other	1.63%	+0.39%	+43.52%
18	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.55%	+0.09%	-5.79%
19	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.52%	-0.26%	-20.05%
20	AMZN	Amazon.com INC	Stock-Consumer Disc	1.17%	+0.10%	+2.18%
21	DIHP	Dimensional International Hi	ETF-Other	1.11%	-0.36%	-21.17%
22	MAR	Marriott International -cl A	Stock-Consumer Disc	1.03%	+0.05%	+5.25%
23	DFAE	Dimensional Emerging Core Eq	ETF-Emerging Markets	1.03%	+0.11%	+5.78%
24	META	Meta Platforms Inc-class A	Stock-Comm Services	0.91%	—	-0.45%
25	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.91%	+0.05%	-4.78%
26	VT	Vanguard Tot World Stk ETF	ETF-Other	0.91%	+0.03%	+4.20%
27	DFAS	Dimensional US Small Cap ETF	ETF-Small Cap	0.84%	-0.02%	+5.07%
28	DIA	Ss Spdr Dow Jones Indus Avg	ETF-Large Cap & Growth	0.83%	-0.63%	-39.10%
29	DFUV	Dimensional US Marketwide Va	ETF-Other	0.81%	-0.01%	+0.13%
30	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.78%	+0.02%	+2.96%
31	JPM	Jpmorgan Chase & Co	Stock-Financials	0.77%	—	+1.29%
32	AVTM	Avantis Total Equity ETF	ETF-Other	0.61%	+0.61%	NEW
33	DFAC	Dimensional US Core Equity 2	ETF-Other	0.53%	—	-0.79%
34	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.53%	—	-2.06%
35	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.51%	—	-1.47%
36	GS	Goldman Sachs Group INC	Stock-Financials	0.50%	—	-5.50%
37	XOM	Exxon Mobil CORP	Stock-Energy	0.49%	—	-5.02%
38	AVEM	Avantis Emerging Markets Eq	ETF-Emerging Markets	0.48%	+0.02%	-2.91%
39	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.48%	—	—
40	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.43%	+0.03%	-4.51%
41	AVGO	Broadcom INC	Stock-Tech	0.43%	+0.07%	+2.33%
42	KLAC	Kla CORP	Stock-Tech	0.43%	—	-6.93%
43	AON	Aon plc	Stock-Financials	0.40%	+0.40%	NEW
44	NFLX	Netflix INC	Stock-Comm Services	0.40%	+0.04%	+17.63%
45	MA	Mastercard INC - A	Stock-Financials	0.39%	—	-1.92%
46	DFUS	Dimensional US Eq Mkt ETF	ETF-Other	0.37%	—	-0.04%
47	MLI	Mueller Industries INC	Stock-Industrials	0.36%	—	-7.81%
48	TSLA	Tesla INC	Stock-Consumer Disc	0.35%	—	-4.48%
49	V	Visa Inc-class A Shares	Stock-Financials	0.31%	—	-4.83%
50	JNJ	Johnson & Johnson	Stock-Healthcare	0.30%	—	-4.18%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

+3.6%

Performance Last 4 Quarters

+21.8%

Based on 63% of reported portfolio value with available pricing

Stdev: +11.3%
Beta: +0.8
Alpha: -0.1%
Max Drawdown: -6.2%
Annualized Perf: +15%
Batting Avg vs S&P: +44.4%
Sortino: +2.55
Stutzer: +0.38
Treynor: +0.18
Sterling: +0.99
Calmar: +2.43
Information Ratio: -0.75
Tracking Error: +5%
Stdev Down: +5.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +30.5%
Worst 12 Months: +4.1%
Efficiency Ratio: +0.5
Sharpe: +1.3
Stdev Sectors: +9.7%
Skewness: -0.02
Kurtosis: -0.5
Upside Potential: +4.28

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	456	$1.7B	17	1AVLV 2JPST 3AVUS Top holdings2026-03-31 1.AVLV 2.JPST 3.AVUS 4.VTI 5.JBND 6.VCIT 7.AAPL 8.DFAI 9.AVDE 10.SPY
2025-12-31	448	$1.5B	13	1JPST 2AVLV 3AVUS Top holdings2025-12-31 1.JPST 2.AVLV 3.AVUS 4.VTI 5.VCIT 6.JBND 7.DFAI 8.AAPL 9.AVDE 10.SPY
2025-09-30	434	$1.4B	29	1JPST 2AVLV 3AVUS Top holdings2025-09-30 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.JBND 7.AAPL 8.DFAI 9.AVDE 10.SPY
2025-06-30	428	$1.3B	0	1JPST 2AVLV 3AVUS Top holdings2025-06-30 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.AAPL 7.DFAI 8.MSFT 9.DFIC 10.AVDE
2025-03-31	399	$1.2B	100	1JPST 2AVLV 3VCIT Top holdings2025-03-31 1.JPST 2.AVLV 3.VCIT 4.AVUS 5.VTI 6.AAPL 7.SPY 8.DFIC 9.DFAI 10.AVDE
2024-12-31	129	$958.0M	0	1JPST 2AVLV 3AVUS Top holdings2024-12-31 1.JPST 2.AVLV 3.AVUS 4.VCIT 5.VTI 6.AAPL 7.DFIC 8.SPY 9.QQQ 10.DIHP
2024-09-30	136	$954.0M	0	1JPST 2AVLV 3DFIC Top holdings2024-09-30 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.VCIT 6.AAPL 7.VTI 8.SPY 9.AVUS 10.QQQ
2024-06-30	132	$808.2M	0	1JPST 2AVLV 3DFIC Top holdings2024-06-30 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.A 6.AAPL 7.VTI 8.MSFT 9.AVUS 10.JMST
2024-03-31	102	$667.9M	0	1JPST 2AVLV 3DFIC Top holdings2024-03-31 1.JPST 2.AVLV 3.DFIC 4.DIHP 5.VTI 6.JMST 7.AAPL 8.AVUS 9.HPQ 10.A
2023-12-31	99	$659.8M	0	1WFG 2JPST 3AVLV Top holdings2023-12-31 1.WFG 2.JPST 3.AVLV 4.JMST 5.DIHP 6.VTI 7.AAPL 8.DFIC 9.HPQ 10.A
2023-09-30	104	$623.5M	0	1WFG 2JPST 3VGIT Top holdings2023-09-30 1.WFG 2.JPST 3.VGIT 4.AVLV 5.DIHP 6.AAPL 7.JMST 8.VTI 9.DFIC 10.HPQ
2023-06-30	103	$498.7M	0	1JPST 2VGIT 3AVLV Top holdings2023-06-30 1.JPST 2.VGIT 3.AVLV 4.AAPL 5.DIHP 6.JMST 7.VTI 8.DFIC 9.AVDE 10.SUB
2023-03-31	113	$458.2M	0	1AVLV 2JPST 3JMST Top holdings2023-03-31 1.AVLV 2.JPST 3.JMST 4.DIHP 5.AAPL 6.HPQ 7.VTI 8.A 9.AVDE 10.DFIC
2022-12-31	111	$413.4M	0	1AVLV 2JMST 3JPST Top holdings2022-12-31 1.AVLV 2.JMST 3.JPST 4.DIHP 5.AAPL 6.HPQ 7.A 8.VTI 9.AVDE 10.SUB
2022-09-30	126	$361.5M	0	1AVLV 2AAPL 3JPST Top holdings2022-09-30 1.AVLV 2.AAPL 3.JPST 4.JMST 5.HPQ 6.VTI 7.A 8.SUB 9.KEYS 10.MSFT
2022-06-30	224	$482.5M	0	1WFG 2AVLV 3JPST Top holdings2022-06-30 1.WFG 2.AVLV 3.JPST 4.HPQ 5.JMST 6.AAPL 7.VTI 8.A 9.SUB 10.HPE
2022-03-31	239	$411.3M	0	1AAPL 2HPQ 3JMST Top holdings2022-03-31 1.AAPL 2.HPQ 3.JMST 4.JPST 5.VTI 6.A 7.CAPEUSD 8.HPE 9.KEYS 10.MSFT
2021-12-31	243	$454.4M	0	1JMST 2HPQ 3AAPL Top holdings2021-12-31 1.JMST 2.HPQ 3.AAPL 4.JPST 5.A 6.VTI 7.BND 8.KEYS 9.CAPEUSD 10.HPE
2021-09-30	239	$363.5M	0	1AAPL 2JPST 3A Top holdings2021-09-30 1.AAPL 2.JPST 3.A 4.HPQ 5.VTI 6.KEYS 7.HPE 8.PG 9.JMST 10.MSFT
2021-06-30	229	$314.6M	77	1JPST 2AAPL 3VTI Top holdings2021-06-30 1.JPST 2.AAPL 3.VTI 4.PG 5.META 6.MSFT 7.AMZN 8.DIS 9.CL 10.GOOGL
2021-03-31	156	$197.2M	100	1JPST 2VTI 3AAPL Top holdings2021-03-31 1.JPST 2.VTI 3.AAPL 4.JPM 5.GOOGL 6.MSFT 7.JNJ 8.VIG 9.DAR 10.JMST
2014-06-30	98	$119.5M	33	1AMJEUR 2CL378355W Top holdings2014-06-30 1.AMJEUR 2.CL 3.78355W 4.78355W 5.XOM 6.VTI 7.JNJ 8.GOOG 9.GLD 10.HP
2014-03-31	93	$99.4M	13	1AMJEUR 2XOM 3VTI Top holdings2014-03-31 1.AMJEUR 2.XOM 3.VTI 4.JNJ 5.GOOG 6.PFE 7.GLD 8.JPM 9.HP 10.CL
2013-12-31	85	$97.3M	0	1AMJEUR 2XOM 3VTI Top holdings2013-12-31 1.AMJEUR 2.XOM 3.VTI 4.GOOG 5.PFE 6.JNJ 7.VIG 8.JPM 9.GLD 10.CL

Holding changes this quarter

Position changes disclosed by Bridgewater Advisors Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+0.8%	+14.45%	Add
2	JBND	Jpmorgan Active Bond ETF	+0.8%	+30.20%	Add
3	AVUS	Avantis U.s. Equity ETF	+0.5%	+8.79%	Add
4	MUNY	Vanguard Ny Tax-ex Bond	+0.4%	+43.52%	Add
5	AVLV	Avantis US Large Cap Value	+0.3%	+3.35%	Add
6	VTI	Vanguard Total Stock Mkt ETF	+0.3%	+6.42%	Add
7	JMUB	Jpmorgan Municipal ETF	+0.2%	+27.46%	Add
8	AVDE	Avantis International Equity	+0.2%	+7.80%	Add
9	NVDA	Nvidia CORP	+0.1%	-4.27%	Trim
10	DFAI	Dimensional International Co	+0.1%	+7.05%	Add
11	DFAE	Dimensional Emerging Core Eq	+0.1%	+5.78%	Add
12	AMZN	Amazon.com INC	+0.1%	+2.18%	Add
13	MU	Micron Technology INC	+0.1%	+0.09%	Add
14	GOOGL	Alphabet Inc-cl A	+0.1%	-5.79%	Trim
15	VCIT	Vanguard Int-term Corporate	+0.1%	+12.26%	Add
16	AVGO	Broadcom INC	+0.1%	+2.33%	Add
17	AMD	Advanced Micro Devices	+0.1%	-5.59%	Trim
18	MAR	Marriott International -cl A	+0.1%	+5.25%	Add
19	GOOG	Alphabet Inc-cl C	+0.1%	-4.78%	Trim
20	INTC	Intel CORP	+0.1%	-18.24%	Trim
21	DUHP	Dimensional US High Profi Et	0%	+6.03%	Add
22	NFLX	Netflix INC	0%	+17.63%	Add
23	DFEM	Dimensional Emrg Mrkt Core	0%	+10.68%	Add
24	CSCO	Cisco Systems INC	0%	-6.45%	Trim
25	PWR	Quanta Services INC	0%	-1.93%	Trim
26	ASX	Ase Technology Holding -adr	0%	+28.99%	Add
27	VT	Vanguard Tot World Stk ETF	0%	+4.20%	Add
28	TSM	Taiwan Semiconductor-sp Adr	0%	-4.51%	Trim
29	VOO	Vanguard S&p 500 ETF	0%	+2.96%	Add
30	AVEM	Avantis Emerging Markets Eq	0%	-2.91%	Trim
31	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	+1.16%	Add
32	DFUV	Dimensional US Marketwide Va	0%	+0.13%	Add
33	DFAS	Dimensional US Small Cap ETF	0%	+5.07%	Add
34	DXC	Dxc Technology Co	-0.1%	-0.42%	Trim
35	CAH	Cardinal Health INC	-0.1%	-9.53%	Trim
36	IBM	Intl Business Machines CORP	-0.1%	-6.74%	Trim
37	RKT	Rocket Cos Inc-class A	-0.1%	+19.01%	Add
38	QQQ	Invesco Qqq Trust Series 1	-0.3%	-20.05%	Trim
39	BKNG	Booking Holdings INC	-0.3%	+204.37%	Add
40	DFIC	Dimensional International Co	-0.3%	-11.60%	Trim
41	DIHP	Dimensional International Hi	-0.4%	-21.17%	Trim
42	MSFT	Microsoft CORP	-0.4%	-2.16%	Trim
43	JPST	Jpmorgan Ultra-short Income	-0.4%	+2.76%	Add
44	JMST	JPM Ultra-short Muni Income	-0.4%	-9.03%	Trim
45	DIA	Ss Spdr Dow Jones Indus Avg	-0.6%	-39.10%	Trim
46	AVTM	Avantis Total Equity ETF	—	NEW	New buy
47	AON	Aon plc	—	NEW	New buy
48	DFAR	Dimensional US Real Est ETF	—	EXIT	Sold out
49	AZNN	Astrazeneca Plc-spons Adr	—	EXIT	Sold out
50	AZN	AstraZeneca PLC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-14	13F-HR	View on EDGAR
2025-12-31	2026-01-23	13F-HR	View on EDGAR
2025-09-30	2025-11-10	13F-HR	View on EDGAR
2025-06-30	2025-08-05	13F-HR	View on EDGAR
2025-03-31	2025-05-02	13F-HR	View on EDGAR
2024-12-31	2025-01-16	13F-HR	View on EDGAR
2024-09-30	2024-10-31	13F-HR	View on EDGAR
2024-06-30	2024-08-02	13F-HR	View on EDGAR
2024-03-31	2024-04-30	13F-HR	View on EDGAR
2023-12-31	2024-02-05	13F-HR	View on EDGAR
2023-09-30	2023-10-24	13F-HR	View on EDGAR
2023-06-30	2023-07-24	13F-HR	View on EDGAR
2023-03-31	2023-04-13	13F-HR	View on EDGAR
2022-12-31	2023-01-27	13F-HR	View on EDGAR
2022-09-30	2022-10-28	13F-HR	View on EDGAR
2022-06-30	2022-08-05	13F-HR	View on EDGAR
2022-03-31	2022-05-05	13F-HR	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-09-30	2021-11-02	13F-HR	View on EDGAR
2021-06-30	2021-08-06	13F-HR	View on EDGAR
2021-03-31	2021-05-20	13F-HR	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-01	13F-HR	View on EDGAR
2013-12-31	2014-02-21	13F-HR	View on EDGAR