Ray Dalio
UPST icon

Ray Dalio’s Upstart Holdings UPST Stock Holding History

Ray Dalio’s Portfolio UPST Stock Details UPST Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-61,972
Closed -$3.15M – 1185
2025
Q3 		$3.15M Buy
+61,972
New +$4.36M 0.01% 607
2023
Q1 		– Sell
-10,069
Closed -$133K – 901
2022
Q4 		$133K Buy
+10,069
New +$195K ﹤0.01% 813
2022
Q3 		– Sell
-6,910
Closed -$218K – 1022
2022
Q2 		$218K Buy
6,910
+2,634
+62% +$157K ﹤0.01% 969
2022
Q1 		$466K Buy
+4,276
New +$493K ﹤0.01% 897

Other funds holding UPST

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
JCAM
Jericho Capital Asset Management New York $6.76B AUM 88.1% 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
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
CS
Clear Street New York $24.6B AUM 56.25% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
Susquehanna International Group
Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Ray Dalio's UPST Position: Q4 2025 in Review

Ray Dalio sold out of Upstart Holdings (UPST) in Q4 2025, closing a stake of 61,972 shares — an estimated $3.15M sold.

Ray Dalio first reported a position in UPST in Q1 2022 and held it in 4 quarters. The position peaked at $3.15M in Q3 2025. 393 funds tracked by Wall St. Rank hold UPST as of Q4 2025.

  • Ray Dalio reported no remaining Upstart Holdings position as of Q4 2025 after selling out during the quarter.
  • Ray Dalio sold 61,972 Upstart Holdings shares in Q4 2025, an estimated $3.15M.
  • Ray Dalio first reported a position in Upstart Holdings in Q1 2022 and held it in 4 quarters.
  • Ray Dalio's Upstart Holdings position peaked at $3.15M in Q3 2025.
  • 393 funds tracked by Wall St. Rank held Upstart Holdings as of Q4 2025.

Based on Bridgewater Associates's 13F filing for Q4 2025, filed 13 Feb 2026.