Bridgewater Associates Owns These Capital Goods Stocks

With the markets flat this today, Wall St. Watchdog reveals information about Bridgewater Associates’ top investments in the Capital Goods sector:

  • Illinois Tool Works, Inc. (NYSE:ITW): On 3/31/11 Bridgewater Associates reported holding 316,452 shares with a market value of $16,999,802. This comprised 0.29% of the total portfolio. On 6/30/11, Bridgewater Associates held 568,752 shares with a market value of $32,128,801. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 252,300. About the company: Illinois Tool Works, Inc. designs and manufactures fasteners and components, equipment and consumable systems, and a variety of specialty products and equipment.  The Company’s products include industrial fluids and adhesives, tooling for specialty applications, welding products, and quality measurement equipment and systems.  Illinois Tool Works operates worldwide.
  • Kennametal, Inc. (NYSE:KMT): On 3/31/11 Bridgewater Associates reported holding 365,465 shares with a market value of $14,253,135. This comprised 0.24% of the total portfolio. On 6/30/11, Bridgewater Associates held 725,862 shares with a market value of $30,638,634. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 360,397. About the company: Kennametal, Inc. manufactures, purchases, and distributes tools, tooling systems, and solutions to the metalworking, mining, oil, and energy industries.  The Company also manufactures and distributes wear-resistant parts for a wide range of industries.  Kennametal operates worldwide.
  • Fastenal Co. (NASDAQ:FAST): On 3/31/11 Bridgewater Associates reported holding 215,588 shares with a market value of $13,976,570. This comprised 0.24% of the total portfolio. On 6/30/11, Bridgewater Associates held 743,018 shares with a market value of $26,741,219. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 527,430. About the company: Fastenal Company sells industrial and construction supplies in a wholesale and retail fashion.  The Company markets its products and services throughout the United States, Canada, Mexico, Puerto Rico, Singapore, China, and The Netherlands.
  • MSC Industrial Direct Co., Inc. (NYSE:MSM): On 3/31/11 Bridgewater Associates reported holding 137,759 shares with a market value of $9,432,359. This comprised 0.16% of the total portfolio. On 6/30/11, Bridgewater Associates held 259,966 shares with a market value of $17,238,345. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is 122,207. About the company: MSC Industrial Direct Co., Inc. is a direct marketer and supplier of a broad range of metalworking and maintenance and repair supplies.  The Company markets its products to industrial customers throughout the United States.
  • Martin Marietta Materials (NYSE:MLM): On 3/31/11 Bridgewater Associates reported holding 57,659 shares with a market value of $5,170,282. This comprised 0.09% of the total portfolio. On 6/30/11, Bridgewater Associates held 197,609 shares with a market value of $15,802,792. This comprised 0.22% of the total portfolio. The net change in shares for this position over the two quarters is 139,950. About the company: Martin Marietta Materials, Inc. produces aggregates for the construction industry, including highways, infrastructure, commercial and residential.  The Company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemical products for industrial and environmental uses, and dolomitic lime.
  • Joy Global, Inc. (NASDAQ:JOYG): On 3/31/11 Bridgewater Associates reported holding 83,596 shares with a market value of $8,260,121. This comprised 0.14% of the total portfolio. On 6/30/11, Bridgewater Associates held 145,486 shares with a market value of $13,856,086. This comprised 0.20% of the total portfolio. The net change in shares for this position over the two quarters is 61,890. About the company: Joy Global Inc. manufactures and markets underground mining equipment and surface mining equipment. The Company’s equipment is used for the extraction of ores and minerals.
  • Harsco Corporation (NYSE:HSC): On 3/31/11 Bridgewater Associates reported holding 153,985 shares with a market value of $5,434,131. This comprised 0.09% of the total portfolio. On 6/30/11, Bridgewater Associates held 418,762 shares with a market value of $13,651,641. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 264,777. About the company: Harsco Corporation is an industrial services and engineered products company. The Company offers industrial mill services, gas control, and containment products, scaffolding services, and railway maintenance. Harsco is also involved in other lines of business including process equipment, industrial grating and bridge decking, pipe fittings, slag abrasives, and roofing granules.
  • Lennox International, Inc. (NYSE:LII): On 3/31/11 Bridgewater Associates reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Bridgewater Associates held 316,138 shares with a market value of $13,616,064. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 316,138. About the company: Lennox International Inc. provides climate control solutions in countries located around the world. The Company designs, manufactures, and markets heating, ventilation, air conditioning, and refrigeration equipment. Lennox markets its products under brand names such as Lennox, Armstrong Air, Ducane, Bohn, Larkin, Advanced Distributor Products, Service Experts and others.
  • 3M Co. (NYSE:MMM): On 3/31/11 Bridgewater Associates reported holding 136,306 shares with a market value of $12,744,611. This comprised 0.21% of the total portfolio. On 6/30/11, Bridgewater Associates held 121,106 shares with a market value of $11,486,904. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is -15,200. About the company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • Lockheed Martin Corporation (NYSE:LMT): On 3/31/11 Bridgewater Associates reported holding 81,263 shares with a market value of $6,533,545. This comprised 0.11% of the total portfolio. On 6/30/11, Bridgewater Associates held 126,763 shares with a market value of $10,264,000. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 45,500. About the company: Lockheed Martin Corporation is a global security company that primarily researches, designs, develops, manufactures, and integrates advanced technology products and services. The Company’s businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration. Lockheed Martin operates worldwide.

(Note: Data on Bridgewater Associates’ stock holdings are sourced from whalewisdom.com.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet