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 | |
|---|---|---|---|---|---|---|
|
AL
1001
DELISTED
Air Lease Corp
AL
| – | – |
-10,412
| Closed | -$669K |
|
1002
Alight
ALIT
$407M
| – | – |
-84,148
| Closed | -$3.28M |
|
1003
Ally Financial
ALLY
$13.3B
| – | – |
-159,445
| Closed | -$7.22M |
|
1004
Allient
ALNT
$1.92B
| – | – |
-48,385
| Closed | -$2.6M |
|
1005
Alarm.com
ALRM
$2.85B
| – | – |
-44,334
| Closed | -$2.26M |
|
1006
Autoliv
ALV
$9B
| – | – |
-177,101
| Closed | -$21M |
|
1007
Amcor
AMCR
$22.1B
| – | – |
-132,315
| Closed | -$5.52M |
|
1008
Amerant Bancorp
AMTB
$1.13B
| – | – |
-98,038
| Closed | -$1.91M |
|
1009
A.O. Smith
AOS
$8.7B
| – | – |
-198,793
| Closed | -$13.3M |
|
1010
Artisan Partners
APAM
$3.02B
| – | – |
-23,411
| Closed | -$954K |
|
1011
Applovin
APP
$116B
| – | – |
-9,867
| Closed | -$6.65M |
|
1012
Appian
APPN
$2.54B
| – | – |
-64,949
| Closed | -$2.3M |
|
1013
Arrow Electronics
ARW
$10.4B
| – | – |
-121,334
| Closed | -$13.4M |
|
|
EFOR
1014
Everforth Inc
EFOR
$1.32B
| – | – |
-119,380
| Closed | -$5.75M |
|
1015
American Water Works
AWK
$26.9B
| – | – |
-20,171
| Closed | -$2.63M |
|
1016
Bath & Body Works
BBWI
$4.1B
| – | – |
-285,834
| Closed | -$5.74M |
|
1017
Bunge Global
BG
$20.8B
| – | – |
-3,773
| Closed | -$336K |
|
1018
BlackLine
BL
$1.72B
| – | – |
-33,231
| Closed | -$1.84M |
|
1019
Blackrock
BLK
$176B
| – | – |
-4,581
| Closed | -$4.9M |
|
1020
Bank of Montreal
BMO
$127B
| – | – |
-4,759
| Closed | -$619K |
|
1021
Scotiabank
BNS
$108B
| – | – |
-23,024
| Closed | -$1.7M |
|
1022
BioNTech
BNTX
$23.5B
| – | – |
-4,927
| Closed | -$469K |
|
1023
BOK Financial
BOKF
$8.74B
| – | – |
-13,011
| Closed | -$1.54M |
|
1024
Box
BOX
$4.6B
| – | – |
-241,446
| Closed | -$7.22M |
|
1025
Broadridge
BR
$19B
| – | – |
-21,352
| Closed | -$4.77M |
|
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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.