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 | |
|---|---|---|---|---|---|---|
1051
California Resources
CRC
$4.62B
| – | – |
-22,387
| Closed | -$1M |
|
|
1052
Salesforce
CRM
$158B
| – | – |
-1,932,066
| Closed | -$512M |
|
1053
CoStar Group
CSGP
$12.3B
| – | – |
-9,020
| Closed | -$607K |
|
|
CSW
1054
CSW Industrials
CSW
$5.71B
| – | – |
-9,593
| Closed | -$2.82M |
|
1055
Cenovus Energy
CVE
$52.1B
| – | – |
-91,078
| Closed | -$1.54M |
|
|
CYBR
1056
DELISTED
CyberArk
CYBR
| – | – |
-7,790
| Closed | -$3.47M |
|
1057
Dominion Energy
D
$59.3B
| – | – |
-9,441
| Closed | -$553K |
|
1058
Dropbox
DBX
$8.12B
| – | – |
-600,252
| Closed | -$16.7M |
|
1059
Donaldson
DCI
$11.4B
| – | – |
-6,558
| Closed | -$581K |
|
1060
DuPont de Nemours
DD
$19.2B
| – | – |
-11,022
| Closed | -$1.33M |
|
1061
Datadog
DDOG
$83.3B
| – | – |
-19,795
| Closed | -$2.69M |
|
1062
Dillards
DDS
$9.56B
| – | – |
-9,715
| Closed | -$5.89M |
|
1063
Douglas Emmett
DEI
$1.96B
| – | – |
-25,023
| Closed | -$275K |
|
1064
Diageo
DEO
$53.6B
| – | – |
-157,763
| Closed | -$13.6M |
|
1065
Dolby
DLB
$5.79B
| – | – |
-25,305
| Closed | -$1.63M |
|
1066
DigitalOcean
DOCN
$14.6B
| – | – |
-25,772
| Closed | -$1.24M |
|
1067
Dorman Products
DORM
$4.18B
| – | – |
-15,306
| Closed | -$1.89M |
|
1068
Amdocs
DOX
$6.22B
| – | – |
-249,195
| Closed | -$20.1M |
|
1069
Duolingo
DUOL
$6.12B
| – | – |
-15,162
| Closed | -$2.66M |
|
1070
Devon Energy
DVN
$47.3B
| – | – |
-1,170,881
| Closed | -$42.9M |
|
1071
DXC Technology
DXC
$1.73B
| – | – |
-281,303
| Closed | -$4.12M |
|
1072
Consolidated Edison
ED
$39.8B
| – | – |
-54,358
| Closed | -$5.4M |
|
1073
Equifax
EFX
$21.4B
| – | – |
-2,351
| Closed | -$510K |
|
1074
Energizer
ENR
$1.55B
| – | – |
-22,159
| Closed | -$441K |
|
1075
EQT Corp
EQT
$32.3B
| – | – |
-34,006
| Closed | -$1.82M |
|
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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.