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
|
+$217M |
| 2 |
Apple
AAPL
|
+$57.2M |
| 3 |
Coca-Cola
KO
|
+$24.2M |
| 4 |
POT
Potash Corp Of Saskatchewan
POT
|
+$21.7M |
| 5 |
Johnson & Johnson
JNJ
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$171M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$71.3M |
| 3 |
Gilead Sciences
GILD
|
+$52M |
| 4 |
Microsoft
MSFT
|
+$21.8M |
| 5 |
X
US Steel
X
|
+$15.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.03% |
| 2 | Materials | 2.19% |
| 3 | Energy | 1.97% |
| 4 | Healthcare | 1.2% |
| 5 | Industrials | 0.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Oracle
ORCL
$423B
| $765K | 0.01% |
17,732
-12,100
| -41% | -$524K |
|
227
Groupon
GRPN
$1.02B
| $725K | 0.01% |
+5,030
| New | +$771K |
|
228
Philip Morris
PM
$295B
| $723K | 0.01% |
+9,600
| New | +$779K |
|
229
Automatic Data Processing
ADP
$108B
| $722K | 0.01% |
+8,426
| New | +$726K |
|
230
Williams-Sonoma
WSM
$29.6B
| $722K | 0.01% |
18,106
-19,600
| -52% | -$777K |
|
231
Amgen
AMGN
$222B
| $699K | 0.01% |
+4,373
| New | +$689K |
|
232
NOV
NOV
$7B
| $683K | 0.01% |
13,665
-41,443
| -75% | -$2.25M |
|
233
L3Harris
LHX
$53.4B
| $682K | 0.01% |
+8,654
| New | +$631K |
|
234
Nasdaq
NDAQ
$52.9B
| $678K | 0.01% |
39,900
+21,600
| +118% | +$352K |
|
235
LKQ Corp
LKQ
$6.29B
| $673K | 0.01% |
26,322
-15,283
| -37% | -$396K |
|
236
Trimble
TRMB
$13.9B
| $635K | ﹤0.01% |
+25,190
| New | +$646K |
|
237
Jabil
JBL
$35.8B
| $634K | ﹤0.01% |
27,119
-30,300
| -53% | -$661K |
|
238
ManpowerGroup
MAN
$2.63B
| $633K | ﹤0.01% |
7,348
-11,400
| -61% | -$868K |
|
239
Cintas
CTAS
$81.3B
| $625K | ﹤0.01% |
+30,636
| New | +$621K |
|
240
Madison Square Garden
MSGS
$9.39B
| $625K | ﹤0.01% |
10,344
-280
| -3% | -$15.4K |
|
241
Masco
MAS
$15.3B
| $593K | ﹤0.01% |
25,265
+9,218
| +57% | +$209K |
|
242
CenterPoint Energy
CNP
$26.8B
| $585K | ﹤0.01% |
28,670
-424,608
| -94% | -$9.28M |
|
|
CAM
243
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $580K | ﹤0.01% |
12,865
-70,286
| -85% | -$3.21M |
|
244
Brown-Forman Class B
BF.B
$13.1B
| $577K | ﹤0.01% |
+19,972
| New | +$576K |
|
|
LLL
245
DELISTED
L3 Technologies, Inc.
LLL
| $528K | ﹤0.01% |
+4,200
| New | +$534K |
|
246
CSX Corp
CSX
$93.1B
| $510K | ﹤0.01% |
+46,215
| New | +$531K |
|
247
Republic Services
RSG
$65.7B
| $504K | ﹤0.01% |
+12,435
| New | +$506K |
|
248
Steel Dynamics
STLD
$37.6B
| $500K | ﹤0.01% |
24,854
-40,400
| -62% | -$753K |
|
|
SNI
249
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $500K | ﹤0.01% |
7,294
-7,100
| -49% | -$516K |
|
250
American Eagle Outfitters
AEO
$3.01B
| $495K | ﹤0.01% |
29,000
-78,300
| -73% | -$1.19M |
|
Similar funds
Ray Dalio's Q1 2015 Portfolio in Review
As of Q1 2015, Ray Dalio held 425 positions worth $12.8B, up 2.4% from $12.5B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Ray Dalio's Q1 2015 filing shows 90 new, 147 increased, 87 reduced and 97 closed positions. Its largest new stake was Coca-Cola: 577,774 shares worth $23.4M. The largest sale was Vanguard FTSE Emerging Markets ETF, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.4% a quarter earlier, followed by Materials and Energy.
- Ray Dalio's largest Q1 2015 buy was Coca-Cola: 577,774 shares worth $23.4M.
- Ray Dalio added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $217M increase.
- Ray Dalio's biggest Q1 2015 reduction was Vanguard FTSE Emerging Markets ETF, cutting an estimated $171M.
- Ray Dalio fully exited US Steel in Q1 2015, selling an estimated $15.2M.
- Ray Dalio's ten largest holdings make up 88% of its $12.8B portfolio in Q1 2015.
- Ray Dalio opened 90 new positions and closed 97 in Q1 2015.
- Ray Dalio's portfolio value rose 2.4% quarter-over-quarter to $12.8B.
Based on Bridgewater Associates's 13F filing for Q1 2015, filed 14 May 2015.