Clients
Bridgewater Associates serves 93 clients, 73 of them pooled investment vehicles. The average client has about $1.61 billion with the firm.
- Pooled investment vehicles73 clients76%
- Pension and profit-sharing plans7 clients4%
- State or municipal government entities5%
- Sovereign wealth funds and foreign official institutions6 clients6%
- Other7 clients8%
- OtherBanking or thrift institutions, Charitable organizations0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | Not reported | $11,660,664 | 0.0% | — |
| Pooled investment vehicles | 73 | $114,726,390,587 | 76.4% | $1.57B |
| Pension and profit-sharing plans | 7 | $5,319,372,308 | 3.5% | $759.9M |
| Charitable organizations | Not reported | $683,365,424 | 0.5% | — |
| State or municipal government entities | Not reported | $7,963,376,064 | 5.3% | — |
| Sovereign wealth funds and foreign official institutions | 6 | $8,851,824,386 | 5.9% | $1.48B |
| Other | 7 | $12,603,996,043 | 8.4% | $1.80B |
| Total | 93 | $150,159,985,476 | 100% | $1.61B |
- Clients
- Not reported
- Regulatory AUM
- $11,660,664
- Share
- 0.0%
- Avg. per client
- —
- Clients
- 73
- Regulatory AUM
- $114,726,390,587
- Share
- 76.4%
- Avg. per client
- $1.57B
- Clients
- 7
- Regulatory AUM
- $5,319,372,308
- Share
- 3.5%
- Avg. per client
- $759.9M
- Clients
- Not reported
- Regulatory AUM
- $683,365,424
- Share
- 0.5%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $7,963,376,064
- Share
- 5.3%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $8,851,824,386
- Share
- 5.9%
- Avg. per client
- $1.48B
- Clients
- 7
- Regulatory AUM
- $12,603,996,043
- Share
- 8.4%
- Avg. per client
- $1.80B
Total
- Clients
- 93
- Regulatory AUM
- $150,159,985,476
- Share
- 100%
- Avg. per client
- $1.61B
What it does
Bridgewater Associates provides portfolio management for pooled vehicles, portfolio management for institutions, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, performance-based fees and other arrangements.
Bridgewater Associates advises 38 private funds.
100.0% of assets ($150.16B across 133 accounts) are managed with discretion. 71% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Exchange-traded equity securities
- 11%
- U.S. government/agency bonds
- 17%
- Sovereign bonds
- 12%
- Derivatives
- 1%
- Securities issued by registered investment companies or business development companies
- 10%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 39%
- Cash and cash equivalents
- 10%
- Other (Reverse Repurchase Agreements and Precious Metals)
- 1%
Custodians
Bridgewater Associates’ client accounts are held mainly at The Bank of New York Mellon, with 18% of managed assets, and The Northern Trust, with 2%. Bridgewater Associates has custody of $121.94B for 83 clients.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $26.33B18%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $3.60B2%
- All other custodians$120.24B80%
Ownership and leadership
Bridgewater Associates Intermediate Holdings, LP owns 75% or more of Bridgewater Associates, and Nir Bar Dea is its CEO.
- Owns 75% or more of Bridgewater Associates, LP
Bridgewater Associates Intermediate Holdings, LP
Control person · since July 2010
- Owns 75% or more of Bridgewater Associates Intermediate Holdings, LP
Bridgewater Associates Holdings, LLC
Control person · since July 2010
- Owns 25% to 50% of Bridgewater Associates Holdings, LLC
Robert Prince
Control person · since September 2022
- Owns 25% to 50% of Bridgewater Associates Holdings, LLC
Robert P. Prince 2016 Revocable Trust
since July 2024
- Owns 25% to 50% of Bridgewater Associates Holdings, LLC
Amanah SDN BHD
since September 2019
- Owns 25% to 50% of Amanah SDN BHD
Brunei Investment Agency
since September 2019
Richard Anderson
Board member · since September 2022
Sian Beilock
Board member · since September 2022
Margo Cook
Board member · since September 2022
Osman Nalbantoglu
Board member · since September 2022
Nir Bar Dea
Board member · since September 2022
Gregory Jensen
Board member · Control person · since September 2022
Philip Dobrin
Board member · since January 2025
Jasjeet Sekhon
Board member · since June 2026
Leadership
- Nir Bar DeaChief Executive Officer
- Celine DufetelChief Financial Officer - Chief Operating Officer
- Michael KitsonChief Compliance Officer and Counsel
- Gregory JensenCo-Chief Investment Officer
- Karen Karniol-TambourCo-Chief Investment Officer
- Robert PrinceCo-Chief Investment Officer
- Tracey YurkoChief Legal Officer & Secretary
Staff
- 1,135 employees
- 255 in advisory functions
Reported holdings
Bridgewater Associates’ reported 13F holdings total $24.38B across 997 positions, and the ten largest make up 40.0% of it.
- $24.38B
- Reported 13F value
- 997
- Positions
- 40.0%
- In the 10 largest
- +8.8%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit16.3%
- iShares TR · Core S&P500 ETF9.2%
- Nvidia Corporation3.2%
- Broadcom Inc.2.0%
- Amazon Com Inc.2.0%
- Alphabet Inc. · Cap Stk CL A1.9%
- Lam Research Corp.1.7%
- Vanguard Index Fds · S&P 500 ETF Shs1.3%
- Advanced Micro Devices Inc.1.3%
- iShares Inc. · MSCI Sth Kor ETF1.1%
Together, the ten largest are 40.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $24.38B is not its $150.16B in regulatory assets and does not represent any individual client's portfolio.
Fees
Bridgewater Associates is paid through a percentage of assets under management, performance-based fees and other.
Bridgewater Associates’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Bridgewater Associates has 5 offices (4 private residences, listed without an address), with 2 listed addresses across 2 states.
Connecticut · 1 listed address
- One Nyala Farms Road, WestportHQ
New York · 1 listed address
- 295 Fifth Avenue, New York
Other business names
Bridgewater Associates has reported 1 other business name to the SEC.
- United States Bridgewater Associates, LP Beijing Representative Office
Registration details
- Legal name
- Bridgewater Associates, LP
- Headquarters
- One Nyala Farms Road, Westport, CT 06880
- Phone
- 203-226-3030
- Website
- www.bridgewater.com
- SEC file
- 801-35875
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Bridgewater Associates have?
Bridgewater Associates has 93 clients and manages $150.2 billion for them, as of August 2026. They include 73 pooled investment vehicles, 7 pension and profit-sharing plans and 7 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 August 2026
What services does Bridgewater Associates offer?
Bridgewater Associates provides portfolio management for pooled vehicles, portfolio management for institutions, publishing newsletters, educational seminars and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Bridgewater Associates use?
Bridgewater Associates’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $26,327,681,120 and The Northern Trust Company (Chicago, IL), with $3,596,401,204. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 August 2026
How many financial advisors does Bridgewater Associates have?
Bridgewater Associates has 0 investment adviser representatives registered with state securities authorities, out of 1,135 employees, and 255 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bridgewater Associates invest in?
At the end of its last fiscal year, Bridgewater Associates’ separately managed accounts held 39% pooled vehicles (private funds and similar), 17% U.S. government and agency bonds, 12% sovereign bonds, 11% exchange-traded equities, 10% registered funds (mutual funds, ETFs, BDCs), 10% cash and equivalents, 1% derivatives and 1% reverse repurchase agreements and precious metals. It advises 38 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bridgewater Associates?
Bridgewater Associates is owned through a chain of holding companies by Robert Prince, Robert P. Prince 2016 Revocable Trust and Brunei Investment Agency. Its direct owner is Bridgewater Associates Intermediate Holdings, LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 August 2026
How does Bridgewater Associates get paid?
Bridgewater Associates is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file