Bridgewater: Q3 Capital Goods Stock Position Changes

Following is information regarding Bridgewater Associates’ top holdings in the Capital Goods sector for the quarter ending September 30th, 2011.

  • L-3 Communications Holdings, Inc. (NYSE:LLL): On 6/30/11 Bridgewater Associates reported holding 74,400 shares with a market value of $6,506,280. This comprised 0.09% of the total portfolio. On 9/30/11, Bridgewater Associates held 417,271 shares with a market value of $25,858,284. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 342,871. About the company: L-3 Communications Holdings, Inc. is a prime system contractor in aircraft modernization and maintenance, Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C3ISR) systems, and government services. The Company’s customers include the DoD, aerospace prime contractors, and commercial telecommunications customers.
  • Kennametal, Inc. (NYSE:KMT): On 6/30/11 Bridgewater Associates reported holding 725,862 shares with a market value of $30,638,634. This comprised 0.43% of the total portfolio. On 9/30/11, Bridgewater Associates held 625,520 shares with a market value of $20,479,526. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is -100,342. 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.
  • General Dynamics Corp. (NYSE:GD): On 6/30/11 Bridgewater Associates reported holding 123,300 shares with a market value of $9,188,316. This comprised 0.13% of the total portfolio. On 9/30/11, Bridgewater Associates held 339,700 shares with a market value of $19,325,533. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is 216,400. About the company: General Dynamics Corporation is a diversified defense company. The Company offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction; and information systems, technologies and services.
  • URS Corporation (NYSE:URS): On 6/30/11 Bridgewater Associates reported holding 275,468 shares with a market value of $12,324,439. This comprised 0.17% of the total portfolio. On 9/30/11, Bridgewater Associates held 562,568 shares with a market value of $16,685,767. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is 287,100. About the company: URS Corporation offers a broad range of planning, design, and program and construction management services. The Company provides services for infrastructure projects involving air and surface transportation systems, industrial and commercial facilities, and pollution control and hazardous waste management programs.
  • Caterpillar, Inc. (NYSE:CAT): On 6/30/11 Bridgewater Associates reported holding 25,687 shares with a market value of $2,734,638. This comprised 0.04% of the total portfolio. On 9/30/11, Bridgewater Associates held 218,787 shares with a market value of $16,155,231. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is 193,100. About the company: Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
  • Alliant Techsystems, Inc. (NYSE:ATK): On 6/30/11 Bridgewater Associates reported holding 34,187 shares with a market value of $2,438,559. This comprised 0.03% of the total portfolio. On 9/30/11, Bridgewater Associates held 222,150 shares with a market value of $12,109,396. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 187,963. About the company: Alliant Techsystems Inc. develops and supplies advanced weapon and space systems. The Company’s offerings include advanced missile systems, precision-guided munitions, electronic warfare and aircraft integration programs, satellite components and sub-systems, military ammunition and gun systems, and supplies ammunition to law enforcement agencies.
  • Northrop Grumman Corporation (NYSE:NOC): On 6/30/11 Bridgewater Associates reported holding 101,700 shares with a market value of $7,052,895. This comprised 0.10% of the total portfolio. On 9/30/11, Bridgewater Associates held 220,177 shares with a market value of $11,486,634. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 118,477. About the company: Northrop Grumman Corporation is a global security company. The Company provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
  • Illinois Tool Works, Inc. (NYSE:ITW): On 6/30/11 Bridgewater Associates reported holding 568,752 shares with a market value of $32,128,801. This comprised 0.45% of the total portfolio. On 9/30/11, Bridgewater Associates held 272,534 shares with a market value of $11,337,414. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is -296,218. 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.
  • MSC Industrial Direct Co., Inc. (NYSE:MSM): On 6/30/11 Bridgewater Associates reported holding 259,966 shares with a market value of $17,238,345. This comprised 0.24% of the total portfolio. On 9/30/11, Bridgewater Associates held 183,371 shares with a market value of $10,353,126. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is -76,595. 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.

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

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