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 |
iShares Core S&P 500 ETF
IVV
|
+$236M |
| 2 |
CVS Health
CVS
|
+$189M |
| 3 |
Mastercard
MA
|
+$155M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$112M |
| 5 |
Meta Platforms (Facebook)
META
|
+$111M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$814M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$763M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$315M |
| 4 |
SPDR Gold Trust
GLD
|
+$140M |
| 5 |
JD.com
JD
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 25.96% |
| 2 | Healthcare | 19.03% |
| 3 | Consumer Discretionary | 12.6% |
| 4 | Financials | 7.27% |
| 5 | Communication Services | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Mercury Insurance
MCY
$6.07B
| $616K | ﹤0.01% |
13,912
+4,329
| +45% | +$214K |
|
877
Twilio
TWLO
$36.6B
| $612K | ﹤0.01% |
7,302
+5,838
| +399% | +$653K |
|
878
Western Alliance Bancorporation
WAL
$8.87B
| $611K | ﹤0.01% |
8,660
-2,842
| -25% | -$217K |
|
879
Vail Resorts
MTN
$5.3B
| $598K | ﹤0.01% |
2,744
+398
| +17% | +$97.3K |
|
880
Northrop Grumman
NOC
$81.2B
| $598K | ﹤0.01% |
1,250
-30,076
| -96% | -$13.8M |
|
881
Wolfspeed
WOLF
$1.71B
| $596K | ﹤0.01% |
9,389
-22,754
| -71% | -$1.89M |
|
882
TTEC Holdings
TTEC
$124M
| $590K | ﹤0.01% |
8,694
+3,285
| +61% | +$231K |
|
883
Repligen
RGEN
$9.25B
| $586K | ﹤0.01% |
3,610
+618
| +21% | +$97.7K |
|
884
Cullen/Frost Bankers
CFR
$10.2B
| $582K | ﹤0.01% |
4,999
-1,788
| -26% | -$228K |
|
|
AD
885
Array Digital Infrastructure
AD
$3.05B
| $548K | ﹤0.01% |
18,923
+5,425
| +40% | +$163K |
|
|
ALE
886
DELISTED
Allete
ALE
| $547K | ﹤0.01% |
9,298
+2,826
| +44% | +$173K |
|
887
Avista
AVA
$3.24B
| $545K | ﹤0.01% |
12,527
+3,804
| +44% | +$164K |
|
|
DMC
888
Del Monte Corp
DMC
$1.45B
| $543K | ﹤0.01% |
18,382
+1,244
| +7% | +$31.7K |
|
889
Mattel
MAT
$4.23B
| $540K | ﹤0.01% |
24,201
+4,283
| +22% | +$101K |
|
890
Cable One
CABO
$212M
| $535K | ﹤0.01% |
415
+81
| +24% | +$103K |
|
891
Vistra
VST
$47.4B
| $526K | ﹤0.01% |
+23,001
| New | +$568K |
|
892
Lincoln Electric
LECO
$15.4B
| $523K | ﹤0.01% |
4,238
-14,884
| -78% | -$1.96M |
|
893
Penske Automotive Group
PAG
$14.2B
| $517K | ﹤0.01% |
+4,943
| New | +$530K |
|
894
Middleby
MIDD
$6.08B
| $516K | ﹤0.01% |
4,115
-13,889
| -77% | -$2M |
|
895
Federal Realty Investment Trust
FRT
$10.3B
| $515K | ﹤0.01% |
5,378
-10,965
| -67% | -$1.23M |
|
896
Dropbox
DBX
$8.12B
| $514K | ﹤0.01% |
24,484
+4,276
| +21% | +$92.5K |
|
897
Dolby
DLB
$5.79B
| $495K | ﹤0.01% |
6,918
+1,105
| +19% | +$83.6K |
|
898
Sensata Technologies
ST
$6.79B
| $481K | ﹤0.01% |
11,637
-40,685
| -78% | -$1.87M |
|
899
Voya Financial
VOYA
$9.19B
| $477K | ﹤0.01% |
8,016
-3,884
| -33% | -$250K |
|
900
Watts Water Technologies
WTS
$13.1B
| $476K | ﹤0.01% |
3,877
+77
| +2% | +$9.99K |
|
Similar funds
Ray Dalio's Q2 2022 Portfolio in Review
As of Q2 2022, Ray Dalio held 1,084 positions worth $23.6B, down 4.9% from $24.8B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ray Dalio deployed $1.38B of net new capital in Q2 2022, opening 116 new positions and adding to 613 existing holdings. Its largest new stake was Sea Limited: 459,240 shares worth $30.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 26% of assets, up from 26% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares MSCI Emerging Markets ETF, an estimated $763M trimmed.
- Ray Dalio's largest Q2 2022 buy was Sea Limited: 459,240 shares worth $30.7M.
- Ray Dalio added most to iShares Core S&P 500 ETF in Q2 2022, an estimated $236M increase.
- Ray Dalio's biggest Q2 2022 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $763M.
- Ray Dalio fully exited Alibaba in Q2 2022, selling an estimated $814M.
- Ray Dalio's ten largest holdings make up 29% of its $23.6B portfolio in Q2 2022.
- Ray Dalio opened 116 new positions and closed 99 in Q2 2022.
- Ray Dalio's portfolio value fell 4.9% quarter-over-quarter to $23.6B.
Based on Bridgewater Associates's 13F filing for Q2 2022, filed 11 Aug 2022.