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 |
Amazon
AMZN
|
+$293M |
| 2 |
Microsoft
MSFT
|
+$216M |
| 3 |
ExxonMobil
XOM
|
+$92M |
| 4 |
Cameco
CCJ
|
+$87.2M |
| 5 |
Advanced Micro Devices
AMD
|
+$67.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$256M |
| 2 |
Eli Lilly
LLY
|
+$148M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
| 4 |
Comcast
CMCSA
|
+$88.8M |
| 5 |
Procter & Gamble
PG
|
+$83.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 18.04% |
| 2 | Healthcare | 14.75% |
| 3 | Technology | 14.42% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Communication Services | 8.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Equinix
EQIX
$103B
| $1.04M | 0.01% |
1,377
+127
| +10% | +$96.4K |
|
652
Omnicell
OMCL
$1.68B
| $1.04M | 0.01% |
38,286
-3,325
| -8% | -$96.3K |
|
653
Qorvo
QRVO
$8.74B
| $1.03M | 0.01% |
8,891
-1,054
| -11% | -$112K |
|
654
American Express
AXP
$230B
| $1.02M | 0.01% |
4,426
-12,380
| -74% | -$2.87M |
|
655
Par Pacific Holdings
PARR
$3.32B
| $1.02M | 0.01% |
40,557
-118,886
| -75% | -$3.51M |
|
656
TTM Technologies
TTMI
$14.5B
| $1.02M | 0.01% |
+52,337
| New | +$893K |
|
657
Erie Indemnity
ERIE
$13.2B
| $1.01M | 0.01% |
+2,789
| New | +$1.06M |
|
658
Shift4
FOUR
$3.26B
| $1.01M | 0.01% |
+13,763
| New | +$912K |
|
659
Shake Shack
SHAK
$2.87B
| $1.01M | 0.01% |
11,183
-1,499
| -12% | -$146K |
|
660
Perrigo
PRGO
$1.78B
| $1.01M | 0.01% |
+39,171
| New | +$1.15M |
|
661
Equifax
EFX
$21.4B
| $1M | 0.01% |
4,130
-3,977
| -49% | -$949K |
|
662
Edgewell Personal Care
EPC
$1.31B
| $999K | 0.01% |
+24,850
| New | +$952K |
|
663
ArcBest
ARCB
$3.08B
| $993K | 0.01% |
+9,272
| New | +$1.12M |
|
664
Pfizer
PFE
$153B
| $991K | 0.01% |
35,427
-40,179
| -53% | -$1.11M |
|
|
RCM
665
DELISTED
R1 RCM Inc. Common Stock
RCM
| $982K | 0.01% |
78,198
-137,789
| -64% | -$1.71M |
|
666
Cracker Barrel
CBRL
$1.29B
| $981K | 0.01% |
23,272
-7,607
| -25% | -$408K |
|
667
ACI Worldwide
ACIW
$5.42B
| $969K | 0.01% |
+24,474
| New | +$852K |
|
|
MRSH
668
Marsh
MRSH
$91.5B
| $958K | 0.01% |
+4,547
| New | +$934K |
|
669
nCino
NCNO
$2.1B
| $956K | 0.01% |
+30,390
| New | +$950K |
|
670
Montauk Renewables
MNTK
$255M
| $950K | 0.01% |
166,700
-56,873
| -25% | -$263K |
|
671
CAVA Group
CAVA
$7.27B
| $948K | ﹤0.01% |
+10,219
| New | +$789K |
|
672
MSC Industrial Direct
MSM
$6.86B
| $941K | ﹤0.01% |
+11,870
| New | +$1.05M |
|
673
PROG Holdings
PRG
$1.71B
| $941K | ﹤0.01% |
+27,121
| New | +$939K |
|
674
Belden
BDC
$5.19B
| $938K | ﹤0.01% |
+10,004
| New | +$909K |
|
675
Intuit
INTU
$89B
| $925K | ﹤0.01% |
+1,408
| New | +$873K |
|
Similar funds
Ray Dalio's Q2 2024 Portfolio in Review
As of Q2 2024, Ray Dalio held 959 positions worth $19.2B, down 3.1% from $19.8B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Ray Dalio withdrew a net $757M in Q2 2024, closing 82 positions and reducing 390 holdings. Its most notable exit was Marathon Oil Corporation, an estimated $28.8M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 18% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Ray Dalio opened a new position in Constellation Energy worth $38.9M.
- Ray Dalio's largest Q2 2024 buy was Constellation Energy: 194,333 shares worth $38.9M.
- Ray Dalio added most to Amazon in Q2 2024, an estimated $293M increase.
- Ray Dalio's biggest Q2 2024 reduction was Apple, cutting an estimated $256M.
- Ray Dalio fully exited Marathon Oil Corporation in Q2 2024, selling an estimated $28.8M.
- Ray Dalio's ten largest holdings make up 35% of its $19.2B portfolio in Q2 2024.
- Ray Dalio opened 282 new positions and closed 82 in Q2 2024.
- Ray Dalio's portfolio value fell 3.1% quarter-over-quarter to $19.2B.
Based on Bridgewater Associates's 13F filing for Q2 2024, filed 14 Aug 2024.