Ray Dalio
NOG icon

Ray Dalio’s Northern Oil and Gas NOG Stock Holding History

Ray Dalio’s Portfolio NOG Stock Details NOG Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-285,195
Closed -$8.62M – 692
2025
Q1 		$8.62M Sell
285,195
-51,325
-15% -$1.76M 0.04% 282
2024
Q4 		$12.5M Sell
336,520
-174,650
-34% -$6.85M 0.06% 223
2024
Q3 		$18.1M Buy
511,170
+294,223
+136% +$11.2M 0.1% 166
2024
Q2 		$8.06M Sell
216,947
-74,788
-26% -$3M 0.04% 282
2024
Q1 		$11.6M Buy
291,735
+89,284
+44% +$3.17M 0.06% 233
2023
Q4 		$7.5M Buy
202,451
+62,716
+45% +$2.37M 0.04% 305
2023
Q3 		$5.62M Buy
+139,735
New +$5.51M 0.03% 337

Other funds holding NOG

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
American Century Companies
American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
WHG
Westwood Holdings Group Dallas, Texas $13.7B AUM 21.48% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Ray Dalio's NOG Position: Q2 2025 in Review

Ray Dalio sold out of Northern Oil and Gas (NOG) in Q2 2025, closing a stake of 285,195 shares — an estimated $8.62M sold.

Ray Dalio first reported a position in NOG in Q3 2023 and held it in 7 quarters. The position peaked at $18.1M in Q3 2024. 376 funds tracked by Wall St. Rank hold NOG as of Q2 2025.

  • Ray Dalio reported no remaining Northern Oil and Gas position as of Q2 2025 after selling out during the quarter.
  • Ray Dalio sold 285,195 Northern Oil and Gas shares in Q2 2025, an estimated $8.62M.
  • Ray Dalio first reported a position in Northern Oil and Gas in Q3 2023 and held it in 7 quarters.
  • Ray Dalio's Northern Oil and Gas position peaked at $18.1M in Q3 2024.
  • 376 funds tracked by Wall St. Rank held Northern Oil and Gas as of Q2 2025.

Based on Bridgewater Associates's 13F filing for Q2 2025, filed 13 Aug 2025.