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 |
Walmart Inc
WMT
|
+$228M |
| 2 |
Procter & Gamble
PG
|
+$208M |
| 3 |
Johnson & Johnson
JNJ
|
+$184M |
| 4 |
Coca-Cola
KO
|
+$140M |
| 5 |
PepsiCo
PEP
|
+$128M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$485M |
| 2 |
Mondelez International
MDLZ
|
+$107M |
| 3 |
General Mills
GIS
|
+$40.7M |
| 4 |
Archer Daniels Midland
ADM
|
+$40.5M |
| 5 |
WBA
Walgreens Boots Alliance
WBA
|
+$40.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 28.39% |
| 2 | Healthcare | 17.39% |
| 3 | Consumer Discretionary | 15% |
| 4 | Financials | 5.26% |
| 5 | Technology | 4.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
SSR Mining
SSRM
$6.48B
| $1.2M | 0.01% |
76,709
-764
| -1% | -$12.8K |
|
552
The Ensign Group
ENSG
$10.7B
| $1.2M | 0.01% |
+13,805
| New | +$1.19M |
|
553
Magna International
MGA
$18.8B
| $1.19M | 0.01% |
12,838
-2,637
| -17% | -$251K |
|
554
Rio Tinto
RIO
$164B
| $1.19M | 0.01% |
+14,158
| New | +$1.22M |
|
555
SiriusXM
SIRI
$10.1B
| $1.19M | 0.01% |
18,116
-7,347
| -29% | -$461K |
|
|
ATRI
556
DELISTED
Atrion Corp
ATRI
| $1.18M | 0.01% |
+1,901
| New | +$1.19M |
|
|
CD
557
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $1.18M | 0.01% |
+77,976
| New | +$1.17M |
|
558
Bank of Hawaii
BOH
$3.13B
| $1.16M | 0.01% |
13,812
+1,395
| +11% | +$125K |
|
559
Stantec
STN
$8.39B
| $1.16M | 0.01% |
25,877
-8,371
| -24% | -$377K |
|
560
Verizon
VZ
$196B
| $1.15M | 0.01% |
+20,571
| New | +$1.18M |
|
561
Equity Residential
EQR
$25.1B
| $1.15M | 0.01% |
+14,879
| New | +$1.12M |
|
562
TransUnion
TRU
$15.3B
| $1.13M | 0.01% |
+10,305
| New | +$1.07M |
|
563
Corpay
CPAY
$25.7B
| $1.13M | 0.01% |
+4,398
| New | +$1.22M |
|
564
Federated Hermes
FHI
$4.72B
| $1.12M | 0.01% |
33,119
+4,029
| +14% | +$128K |
|
565
BJ's Restaurants
BJRI
$1.48B
| $1.11M | 0.01% |
+22,689
| New | +$1.25M |
|
566
National Healthcare
NHC
$3.38B
| $1.11M | 0.01% |
+15,850
| New | +$1.15M |
|
567
Macerich
MAC
$6.92B
| $1.1M | 0.01% |
+60,131
| New | +$902K |
|
568
Revvity
RVTY
$12.8B
| $1.09M | 0.01% |
+7,084
| New | +$996K |
|
569
AngioDynamics
ANGO
$649M
| $1.09M | 0.01% |
+40,121
| New | +$980K |
|
570
Canadian Natural Resources
CNQ
$93.8B
| $1.09M | 0.01% |
61,054
| – | – |
|
571
Brinker International
EAT
$9.66B
| $1.09M | 0.01% |
+17,553
| New | +$1.11M |
|
572
SI-BONE Inc
SIBN
$834M
| $1.08M | 0.01% |
+34,457
| New | +$1.11M |
|
|
SPWR
573
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.08M | 0.01% |
+36,967
| New | +$954K |
|
|
CRON
574
Cronos Group
CRON
$1.14B
| $1.08M | 0.01% |
125,042
+900
| +0.7% | +$7.45K |
|
575
Associated Banc-Corp
ASB
$5.91B
| $1.08M | 0.01% |
52,545
+5,916
| +13% | +$131K |
|
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Ray Dalio's Q2 2021 Portfolio in Review
As of Q2 2021, Ray Dalio held 784 positions worth $15.6B, up 37% from $11.3B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Ray Dalio deployed $3.72B of net new capital in Q2 2021, opening 329 new positions and adding to 255 existing holdings. Its largest new stake was Linde: 103,503 shares worth $29.9M.
By sector, the portfolio is most concentrated in Consumer Staples at 28% of assets, up from 28% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $485M trimmed.
- Ray Dalio's largest Q2 2021 buy was Linde: 103,503 shares worth $29.9M.
- Ray Dalio added most to Walmart Inc in Q2 2021, an estimated $228M increase.
- Ray Dalio's biggest Q2 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $485M.
- Ray Dalio fully exited Mondelez International in Q2 2021, selling an estimated $107M.
- Ray Dalio's ten largest holdings make up 33% of its $15.6B portfolio in Q2 2021.
- Ray Dalio opened 329 new positions and closed 80 in Q2 2021.
- Ray Dalio's portfolio value rose 37% quarter-over-quarter to $15.6B.
Based on Bridgewater Associates's 13F filing for Q2 2021, filed 13 Aug 2021.