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
|
+$537M |
| 2 |
TSMC
TSM
|
+$371M |
| 3 |
Micron Technology
MU
|
+$230M |
| 4 |
Broadcom
AVGO
|
+$220M |
| 5 |
NVIDIA
NVDA
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.03B |
| 2 |
Salesforce
CRM
|
+$512M |
| 3 |
Booking.com
BKNG
|
+$370M |
| 4 |
Adobe
ADBE
|
+$353M |
| 5 |
Lam Research
LRCX
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.25% |
| 2 | Industrials | 8.69% |
| 3 | Consumer Discretionary | 7.6% |
| 4 | Financials | 6.79% |
| 5 | Healthcare | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Ericsson
ERIC
$33.3B
| $1.25M | 0.01% |
+110,606
| New | +$1.2M |
|
752
Adaptive Biotechnologies
ADPT
$3.97B
| $1.25M | 0.01% |
89,707
-175,784
| -66% | -$2.8M |
|
753
PROG Holdings
PRG
$1.71B
| $1.24M | 0.01% |
43,342
-17,511
| -29% | -$565K |
|
|
WCN
754
Waste Connections
WCN
$42B
| $1.24M | 0.01% |
7,634
-5,802
| -43% | -$967K |
|
755
ON Semiconductor
ON
$31.6B
| $1.24M | 0.01% |
20,018
-37,992
| -65% | -$2.38M |
|
756
Ingevity
NGVT
$2.68B
| $1.24M | 0.01% |
17,366
-16,035
| -48% | -$1.1M |
|
757
Rogers Corp
ROG
$2.4B
| $1.24M | 0.01% |
+11,514
| New | +$1.18M |
|
758
Guardant Health
GH
$22.6B
| $1.23M | 0.01% |
13,351
-14,940
| -53% | -$1.5M |
|
759
Norwegian Cruise Line
NCLH
$8.84B
| $1.23M | 0.01% |
+65,679
| New | +$1.43M |
|
760
Hafnia
HAFN
$3.75B
| $1.21M | 0.01% |
159,538
-33,488
| -17% | -$222K |
|
761
AutoNation
AN
$6.92B
| $1.21M | 0.01% |
+6,207
| New | +$1.25M |
|
762
United Microelectronic
UMC
$46.9B
| $1.2M | 0.01% |
+134,029
| New | +$1.31M |
|
763
SLM Corp
SLM
$5.15B
| $1.19M | 0.01% |
55,587
-122,970
| -69% | -$2.91M |
|
764
Charles River Laboratories
CRL
$12.8B
| $1.18M | 0.01% |
6,835
-15,219
| -69% | -$2.82M |
|
765
BP
BP
$107B
| $1.17M | 0.01% |
24,939
-472,160
| -95% | -$18.5M |
|
766
McCormick & Company Non-Voting
MKC
$14.2B
| $1.17M | 0.01% |
23,137
-51,439
| -69% | -$3.28M |
|
767
Enovis
ENOV
$1.53B
| $1.17M | 0.01% |
+51,224
| New | +$1.21M |
|
768
Allegion
ALLE
$14.4B
| $1.16M | 0.01% |
7,993
-67,083
| -89% | -$10.7M |
|
|
TMHC
769
DELISTED
Taylor Morrison
TMHC
| $1.15M | 0.01% |
19,763
-90,958
| -82% | -$5.68M |
|
770
Southern Company
SO
$107B
| $1.14M | 0.01% |
11,771
-23,198
| -66% | -$2.15M |
|
771
Indivior Pharmaceuticals
INDV
$4.58B
| $1.13M | 0.01% |
+37,141
| New | +$1.23M |
|
772
Saic
SAIC
$5.35B
| $1.13M | 0.01% |
11,918
-91,179
| -88% | -$8.94M |
|
773
Halliburton
HAL
$26.6B
| $1.12M | 0.01% |
28,698
-345,453
| -92% | -$12M |
|
774
MDU Resources
MDU
$4.32B
| $1.09M | ﹤0.01% |
+52,626
| New | +$1.08M |
|
775
Clorox
CLX
$12.7B
| $1.08M | ﹤0.01% |
10,464
+2,925
| +39% | +$332K |
|
Similar funds
Ray Dalio's Q1 2026 Portfolio in Review
As of Q1 2026, Ray Dalio held 1,254 positions worth $22.4B, down 18% from $27.4B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Ray Dalio withdrew a net $4.49B in Q1 2026, closing 261 positions and reducing 487 holdings. Its most notable exit was Salesforce, an estimated $512M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Ray Dalio opened a new position in TSMC worth $364M.
- Ray Dalio's largest Q1 2026 buy was TSMC: 1,077,079 shares worth $364M.
- Ray Dalio added most to Amazon in Q1 2026, an estimated $537M increase.
- Ray Dalio's biggest Q1 2026 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.03B.
- Ray Dalio fully exited Salesforce in Q1 2026, selling an estimated $512M.
- Ray Dalio's ten largest holdings make up 41% of its $22.4B portfolio in Q1 2026.
- Ray Dalio opened 214 new positions and closed 261 in Q1 2026.
- Ray Dalio's portfolio value fell 18% quarter-over-quarter to $22.4B.
Based on Bridgewater Associates's 13F filing for Q1 2026, filed 15 May 2026.