Ray Dalio Bridgewater Associates
Ray Dalio is the founder of Bridgewater Associates, one of the world’s largest hedge funds, known for its unique “principles-based” culture and systematic investment approach. Dalio’s investment philosophy emphasizes diversified portfolios, risk parity, and the importance of understanding economic cycles in shaping investment decisions. He has authored several books, including “Principles: Life & Work,” in which he details his management philosophies, personal experiences, and life lessons.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$146M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$95.4M |
| 3 |
HP
HPQ
|
+$20.2M |
| 4 |
IBM
IBM
|
+$17.3M |
| 5 |
Ralph Lauren
RL
|
+$14.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$285M |
| 2 |
F5
FFIV
|
+$22.3M |
| 3 |
ANDV
Andeavor
ANDV
|
+$20.1M |
| 4 |
Franklin Resources
BEN
|
+$18.3M |
| 5 |
Cognizant
CTSH
|
+$17.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.18% |
| 2 | Energy | 1.76% |
| 3 | Healthcare | 1.18% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Materials | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Host Hotels & Resorts
HST
$16B
| $746K | 0.01% |
42,218
-10,000
| -19% | -$177K |
|
227
Truist Financial
TFC
$64B
| $746K | 0.01% |
22,100
+13,200
| +148% | +$461K |
|
228
Harmony Gold Mining
HMY
$12.3B
| $745K | 0.01% |
220,500
-13,300
| -6% | -$49.5K |
|
229
Jack in the Box
JACK
$335M
| $742K | 0.01% |
+18,560
| New | +$748K |
|
|
PMCS
230
DELISTED
P M C SIERRA INC
PMCS
| $741K | 0.01% |
+111,958
| New | +$733K |
|
231
Lamar Advertising Co
LAMR
$16.3B
| $738K | 0.01% |
+15,698
| New | +$692K |
|
232
Helmerich & Payne
HP
$3.71B
| $737K | 0.01% |
+10,684
| New | +$705K |
|
|
CIT
233
DELISTED
CIT Group Inc.
CIT
| $736K | 0.01% |
15,100
+8,100
| +116% | +$398K |
|
234
Universal Health Services
UHS
$10.5B
| $735K | 0.01% |
+9,800
| New | +$684K |
|
|
CVC
235
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $734K | 0.01% |
+43,587
| New | +$799K |
|
236
Enovis
ENOV
$1.53B
| $726K | 0.01% |
+7,470
| New | +$689K |
|
237
Copart
CPRT
$27.5B
| $715K | 0.01% |
+180,000
| New | +$733K |
|
238
NCR Voyix
VYX
$1.14B
| $710K | 0.01% |
+29,216
| New | +$653K |
|
239
Willis Towers Watson
WTW
$32B
| $706K | 0.01% |
+6,153
| New | +$695K |
|
|
GGP
240
DELISTED
GGP Inc.
GGP
| $706K | 0.01% |
+36,600
| New | +$737K |
|
241
Ulta Beauty
ULTA
$24.3B
| $705K | 0.01% |
+5,900
| New | +$612K |
|
242
CACI
CACI
$14.2B
| $699K | 0.01% |
+10,111
| New | +$675K |
|
243
Advance Auto Parts
AAP
$3.49B
| $686K | 0.01% |
+8,300
| New | +$679K |
|
|
BGC
244
DELISTED
General Cable Corporation
BGC
| $685K | 0.01% |
+21,572
| New | +$677K |
|
|
BEAM
245
DELISTED
BEAM INC COM STK (DE)
BEAM
| $685K | 0.01% |
+10,600
| New | +$680K |
|
246
Tenet Healthcare
THC
$21.1B
| $679K | 0.01% |
+16,473
| New | +$689K |
|
247
Travel + Leisure Co
TNL
$4.7B
| $677K | 0.01% |
+24,587
| New | +$673K |
|
248
Chubb
CB
$135B
| $672K | 0.01% |
7,185
-100
| -1% | -$9.14K |
|
|
LPNT
249
DELISTED
LifePoint Health, Inc.
LPNT
| $672K | 0.01% |
+14,401
| New | +$689K |
|
250
Intercontinental Exchange
ICE
$84.4B
| $671K | 0.01% |
+18,500
| New | +$670K |
|
Similar funds
Ray Dalio's Q3 2013 Portfolio in Review
As of Q3 2013, Ray Dalio held 443 positions worth $11.9B, up 3.9% from $11.4B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Ray Dalio's Q3 2013 filing shows 120 new, 86 increased, 103 reduced and 132 closed positions. Its largest new stake was HP: 1,832,945 shares worth $17.5M. The largest sale was iShares MSCI Emerging Markets ETF, an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.5% a quarter earlier, followed by Energy and Healthcare.
- Ray Dalio's largest Q3 2013 buy was HP: 1,832,945 shares worth $17.5M.
- Ray Dalio added most to State Street SPDR S&P 500 ETF Trust in Q3 2013, an estimated $146M increase.
- Ray Dalio's biggest Q3 2013 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $285M.
- Ray Dalio fully exited Andeavor in Q3 2013, selling an estimated $20.1M.
- Ray Dalio's ten largest holdings make up 91% of its $11.9B portfolio in Q3 2013.
- Ray Dalio opened 120 new positions and closed 132 in Q3 2013.
- Ray Dalio's portfolio value rose 3.9% quarter-over-quarter to $11.9B.
Based on Bridgewater Associates's 13F filing for Q3 2013, filed 13 Nov 2013.