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 |
Alphabet (Google) Class A
GOOGL
|
+$476M |
| 2 |
Apple
AAPL
|
+$335M |
| 3 |
NVIDIA
NVDA
|
+$316M |
| 4 |
Amazon
AMZN
|
+$175M |
| 5 |
Microsoft
MSFT
|
+$155M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinduoduo
PDD
|
+$117M |
| 2 |
Costco
COST
|
+$109M |
| 3 |
Coca-Cola
KO
|
+$103M |
| 4 |
Cisco
CSCO
|
+$90M |
| 5 |
Procter & Gamble
PG
|
+$84.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 18.93% |
| 2 | Healthcare | 17.5% |
| 3 | Technology | 13.05% |
| 4 | Consumer Discretionary | 11.08% |
| 5 | Communication Services | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Southwest Airlines
LUV
$23B
| – | – |
-231,391
| Closed | -$6.68M |
|
752
Macy's
M
$6.68B
| – | – |
-139,351
| Closed | -$2.8M |
|
753
Main Street Capital
MAIN
$5.48B
| – | – |
-26,019
| Closed | -$1.12M |
|
754
Mohawk Industries
MHK
$9.22B
| – | – |
-83,460
| Closed | -$8.64M |
|
|
MRSH
755
Marsh
MRSH
$91.5B
| – | – |
-49,271
| Closed | -$9.34M |
|
|
MODV
756
DELISTED
ModivCare
MODV
| – | – |
-7,361
| Closed | -$324K |
|
757
Monolithic Power Systems
MPWR
$68.9B
| – | – |
-26,280
| Closed | -$16.6M |
|
758
Match Group
MTCH
$8.55B
| – | – |
-8,720
| Closed | -$318K |
|
759
Matador Resources
MTDR
$6.09B
| – | – |
-53,092
| Closed | -$3.02M |
|
760
MGIC Investment
MTG
$6.25B
| – | – |
-118,864
| Closed | -$2.29M |
|
761
Meritage Homes
MTH
$4.86B
| – | – |
-9,982
| Closed | -$869K |
|
762
Murphy Oil
MUR
$4.78B
| – | – |
-19,902
| Closed | -$849K |
|
763
NextEra Energy
NEE
$177B
| – | – |
-31,937
| Closed | -$1.94M |
|
764
Ingevity
NGVT
$2.68B
| – | – |
-68,998
| Closed | -$3.26M |
|
765
NiSource
NI
$20.4B
| – | – |
-53,012
| Closed | -$1.41M |
|
766
NMI Holdings
NMIH
$3.36B
| – | – |
-39,579
| Closed | -$1.17M |
|
767
NNN REIT
NNN
$8.99B
| – | – |
-121,973
| Closed | -$5.26M |
|
768
Norfolk Southern
NSC
$75.1B
| – | – |
-1,712
| Closed | -$405K |
|
769
Insperity
NSP
$2.01B
| – | – |
-10,202
| Closed | -$1.2M |
|
770
Realty Income
O
$59.1B
| – | – |
-188,865
| Closed | -$10.8M |
|
771
Blue Owl Capital
OBDC
$5.74B
| – | – |
-99,058
| Closed | -$1.46M |
|
|
OLPX
772
DELISTED
Olaplex Holdings
OLPX
| – | – |
-257,296
| Closed | -$654K |
|
773
PACCAR
PCAR
$70.1B
| – | – |
-81,848
| Closed | -$7.99M |
|
|
PCH
774
DELISTED
PotlatchDeltic
PCH
| – | – |
-24,027
| Closed | -$1.18M |
|
775
Procore
PCOR
$8.67B
| – | – |
-179,356
| Closed | -$12.4M |
|
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Ray Dalio's Q1 2024 Portfolio in Review
As of Q1 2024, Ray Dalio held 814 positions worth $19.8B, up 11% from $17.9B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ray Dalio's Q1 2024 filing shows 72 new, 203 increased, 394 reduced and 137 closed positions. Its largest new stake was Amazon: 1,047,891 shares worth $189M. The largest sale was Pinduoduo, an estimated $117M.
By sector, the portfolio is most concentrated in Consumer Staples at 19% of assets, down from 24% a quarter earlier, followed by Healthcare and Technology.
- Ray Dalio's largest Q1 2024 buy was Amazon: 1,047,891 shares worth $189M.
- Ray Dalio added most to Alphabet (Google) Class A in Q1 2024, an estimated $476M increase.
- Ray Dalio's biggest Q1 2024 reduction was Pinduoduo, cutting an estimated $117M.
- Ray Dalio fully exited American Homes 4 Rent in Q1 2024, selling an estimated $21.4M.
- Ray Dalio's ten largest holdings make up 32% of its $19.8B portfolio in Q1 2024.
- Ray Dalio opened 72 new positions and closed 137 in Q1 2024.
- Ray Dalio's portfolio value rose 11% quarter-over-quarter to $19.8B.
Based on Bridgewater Associates's 13F filing for Q1 2024, filed 14 May 2024.