Ray Dalio
SHEL icon

Ray Dalio’s Shell SHEL Stock Holding History

Ray Dalio’s Portfolio SHEL Stock Details SHEL Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$29M Sell
312,157
-691,420
-69% -$55.9M 0.13% 113
2025
Q4 		$73.7M Sell
1,003,577
-115,728
-10% -$8.52M 0.27% 62
2025
Q3 		$80.1M Sell
1,119,305
-183,164
-14% -$13.2M 0.31% 61
2025
Q2 		$91.7M Buy
1,302,469
+251,317
+24% +$16.8M 0.37% 60
2025
Q1 		$77M Buy
1,051,152
+220,152
+26% +$14.8M 0.36% 64
2024
Q4 		$52.1M Buy
831,000
+697,806
+524% +$45.7M 0.24% 77
2024
Q3 		$8.78M Buy
+133,194
New +$9.43M 0.05% 286

Other funds holding SHEL

Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Fisher Asset Management
Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
Arrowstreet Capital
Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return
Mawer Investment Management
Mawer Investment Management Calgary, Alberta, Canada $14.7B AUM 12.5% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Ray Dalio's SHEL Position: Q1 2026 in Review

Ray Dalio reduced its Shell (SHEL) stake by 69% in Q1 2026, selling an estimated $55.9M and leaving 312,157 shares worth $29M. The position accounts for 0.13% of the portfolio, ranked #113.

Ray Dalio first reported a position in SHEL in Q3 2024 and has held it in 7 quarters since. The position peaked at $91.7M in Q2 2025. 1,589 funds tracked by Wall St. Rank hold SHEL as of Q1 2026.

  • Ray Dalio held 312,157 shares of Shell worth $29M as of Q1 2026.
  • Ray Dalio sold 691,420 Shell shares in Q1 2026, an estimated $55.9M.
  • Shell made up 0.13% of Ray Dalio's portfolio in Q1 2026, its #113 holding.
  • Ray Dalio first reported a position in Shell in Q3 2024 and has held it in 7 quarters since.
  • Ray Dalio's Shell position peaked at $91.7M in Q2 2025.
  • 1,589 funds tracked by Wall St. Rank held Shell as of Q1 2026.

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