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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$4.16B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$3.37B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$43.3M |
| 5 |
Oracle
ORCL
|
+$32.3M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.48% |
| 2 | Energy | 2.06% |
| 3 | Financials | 1.14% |
| 4 | Materials | 0.95% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Equity Residential
EQR
$25.1B
| $495K | ﹤0.01% |
+8,534
| New | +$490K |
|
252
General Mills
GIS
$19.7B
| $495K | ﹤0.01% |
+10,206
| New | +$502K |
|
253
Flowserve
FLS
$10.2B
| $491K | ﹤0.01% |
+9,095
| New | +$492K |
|
254
Transocean
RIG
$5.82B
| $488K | ﹤0.01% |
+10,178
| New | +$519K |
|
|
CAB
255
DELISTED
Cabela's Inc
CAB
| $479K | ﹤0.01% |
+7,400
| New | +$480K |
|
256
CarMax
KMX
$8.26B
| $467K | ﹤0.01% |
+10,114
| New | +$459K |
|
257
PNC Financial Services
PNC
$101B
| $467K | ﹤0.01% |
+6,400
| New | +$443K |
|
|
PNRA
258
DELISTED
Panera Bread Co
PNRA
| $465K | ﹤0.01% |
+2,500
| New | +$458K |
|
259
American Electric Power
AEP
$68.4B
| $462K | ﹤0.01% |
+10,313
| New | +$495K |
|
260
Fidelity National Information Services
FIS
$22.1B
| $458K | ﹤0.01% |
+10,700
| New | +$457K |
|
|
MJN
261
DELISTED
Mead Johnson Nutrition Company
MJN
| $452K | ﹤0.01% |
+5,700
| New | +$457K |
|
|
VR
262
DELISTED
Validus Hold Ltd
VR
| $444K | ﹤0.01% |
+12,300
| New | +$455K |
|
|
ESV
263
DELISTED
Ensco Rowan plc
ESV
| $442K | ﹤0.01% |
+1,900
| New | +$447K |
|
264
NNN REIT
NNN
$8.99B
| $433K | ﹤0.01% |
+12,600
| New | +$474K |
|
265
Huntsman Corp
HUN
$1.77B
| $432K | ﹤0.01% |
+26,100
| New | +$477K |
|
266
Alphabet (Google) Class C
GOOG
$4.32T
| $431K | ﹤0.01% |
+19,633
| New | +$415K |
|
|
BRSL
267
Brightstar Lottery PLC
BRSL
$2.03B
| $424K | ﹤0.01% |
+25,400
| New | +$436K |
|
|
SEE
268
DELISTED
Sealed Air
SEE
| $421K | ﹤0.01% |
+17,599
| New | +$406K |
|
269
Ametek
AME
$58.2B
| $420K | ﹤0.01% |
+9,940
| New | +$415K |
|
|
CBL
270
DELISTED
CBL& Associates Properties, Inc.
CBL
| $398K | ﹤0.01% |
+18,596
| New | +$441K |
|
|
STI
271
DELISTED
SunTrust Banks, Inc.
STI
| $396K | ﹤0.01% |
+12,528
| New | +$380K |
|
|
MWV
272
DELISTED
MEADWESTVACO CORP
MWV
| $396K | ﹤0.01% |
+11,600
| New | +$408K |
|
|
FDO
273
DELISTED
FAMILY DOLLAR STORES
FDO
| $393K | ﹤0.01% |
+6,300
| New | +$391K |
|
|
FITB
274
Fifth Third Bancorp
FITB
$51.8B
| $392K | ﹤0.01% |
+21,700
| New | +$378K |
|
275
Lincoln National
LNC
$8.81B
| $354K | ﹤0.01% |
+9,718
| New | +$331K |
|
Similar funds
Ray Dalio's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Ray Dalio, which disclosed 323 positions worth $11.4B. Its ten largest holdings account for 90% of the portfolio.
Its largest position is Vanguard FTSE Emerging Markets ETF: 99,189,020 shares worth $3.85B.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, followed by Energy and Financials.
- Ray Dalio's largest Q2 2013 buy was Vanguard FTSE Emerging Markets ETF: 99,189,020 shares worth $3.85B.
- Ray Dalio's ten largest holdings make up 90% of its $11.4B portfolio in Q2 2013.
- Ray Dalio disclosed 323 positions in Q2 2013, its first 13F filing on record.
Based on Bridgewater Associates's 13F filing for Q2 2013, filed 13 Aug 2013.