Ray Dalio
AFG icon

Ray Dalio’s American Financial Group AFG Stock Holding History

Ray Dalio’s Portfolio AFG Stock Details AFG Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$7.88M Sell
61,721
-1,352
-2% -$176K 0.04% 311
2025
Q4 		$8.62M Sell
63,073
-9,734
-13% -$1.34M 0.03% 395
2025
Q3 		$10.6M Buy
72,807
+38,715
+114% +$5.14M 0.04% 323
2025
Q2 		$4.3M Buy
34,092
+10,441
+44% +$1.31M 0.02% 344
2025
Q1 		$3.11M Buy
23,651
+17,597
+291% +$2.27M 0.01% 411
2024
Q4 		$829K Buy
6,054
+687
+13% +$94.5K ﹤0.01% 527
2024
Q3 		$722K Buy
+5,367
New +$695K ﹤0.01% 645
2023
Q1 		– Sell
-22,820
Closed -$3.13M – 716
2022
Q4 		$3.13M Buy
22,820
+6,996
+44% +$959K 0.02% 453
2022
Q3 		$1.95M Sell
15,824
-1,260
-7% -$165K 0.01% 569
2022
Q2 		$2.37M Buy
17,084
+1,794
+12% +$252K 0.01% 643
2022
Q1 		$2.23M Buy
15,290
+7,467
+95% +$1.02M 0.01% 658
2021
Q4 		$1.07M Buy
+7,823
New +$1.08M 0.01% 559
2020
Q3 		– Sell
-3,270
Closed -$208K – 435
2020
Q2 		$208K Sell
3,270
-1,698
-34% -$109K ﹤0.01% 372
2020
Q1 		$348K Buy
+4,968
New +$479K 0.01% 328
2019
Q2 		– Sell
-6,056
Closed -$583K – 309
2019
Q1 		$583K Sell
6,056
-4,891
-45% -$468K ﹤0.01% 280
2018
Q4 		$991K Buy
+10,947
New +$1.1M 0.01% 327
2018
Q2 		– Sell
-2,259
Closed -$254K – 464
2018
Q1 		$254K Buy
+2,259
New +$253K ﹤0.01% 447

Other funds holding AFG

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
AFGI4KRSP
American Financial Group Inc 401(K) Retirement & Savings Plan Cincinnati, Ohio $302M AUM 2.76% 1-Year Est. Return
Charles Schwab
Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Ray Dalio's AFG Position: Q1 2026 in Review

Ray Dalio reduced its American Financial Group (AFG) stake by 2.1% in Q1 2026, selling an estimated $176K and leaving 61,721 shares worth $7.88M. The position accounts for 0.04% of the portfolio, ranked #311.

Ray Dalio first reported a position in AFG in Q1 2018 and has held it in 17 quarters since. The position peaked at $10.6M in Q3 2025. 490 funds tracked by Wall St. Rank hold AFG as of Q1 2026.

  • Ray Dalio held 61,721 shares of American Financial Group worth $7.88M as of Q1 2026.
  • Ray Dalio sold 1,352 American Financial Group shares in Q1 2026, an estimated $176K.
  • American Financial Group made up 0.04% of Ray Dalio's portfolio in Q1 2026, its #311 holding.
  • Ray Dalio first reported a position in American Financial Group in Q1 2018 and has held it in 17 quarters since.
  • Ray Dalio's American Financial Group position peaked at $10.6M in Q3 2025.
  • 490 funds tracked by Wall St. Rank held American Financial Group as of Q1 2026.

Based on Bridgewater Associates's 13F filing for Q1 2026, filed 15 May 2026.