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 | |
|---|---|---|---|---|---|---|
1076
ESAB
ESAB
$5.71B
| – | – |
-22,981
| Closed | -$2.57M |
|
1077
Essent Group
ESNT
$6.33B
| – | – |
-6,139
| Closed | -$399K |
|
1078
EXL Service
EXLS
$5.29B
| – | – |
-7,126
| Closed | -$302K |
|
1079
Eagle Materials
EXP
$6.57B
| – | – |
-2,655
| Closed | -$549K |
|
1080
Fastenal
FAST
$59.5B
| – | – |
-158,869
| Closed | -$6.38M |
|
1081
Fortune Brands Innovations
FBIN
$6.06B
| – | – |
-13,923
| Closed | -$696K |
|
1082
First Bancorp
FBP
$4.38B
| – | – |
-638,506
| Closed | -$13.2M |
|
1083
FTI Consulting
FCN
$4.18B
| – | – |
-1,419
| Closed | -$242K |
|
1084
Freeport-McMoran
FCX
$97.5B
| – | – |
-80,627
| Closed | -$4.1M |
|
1085
Factset
FDS
$10.2B
| – | – |
-10,274
| Closed | -$2.98M |
|
1086
FirstEnergy
FE
$27.5B
| – | – |
-22,105
| Closed | -$990K |
|
1087
Franklin Electric
FELE
$4.84B
| – | – |
-12,674
| Closed | -$1.21M |
|
1088
First Interstate BancSystem
FIBK
$3.58B
| – | – |
-199,396
| Closed | -$6.9M |
|
1089
FIVE9
FIVN
$2.6B
| – | – |
-457,821
| Closed | -$9.18M |
|
1090
Flywire
FLYW
$2.16B
| – | – |
-377,901
| Closed | -$5.35M |
|
|
FOLD
1091
DELISTED
Amicus Therapeutics
FOLD
| – | – |
-32,274
| Closed | -$460K |
|
1092
Shift4
FOUR
$3.27B
| – | – |
-4,428
| Closed | -$279K |
|
1093
JFrog
FROG
$10.8B
| – | – |
-30,737
| Closed | -$1.92M |
|
1094
Freshpet
FRPT
$3.22B
| – | – |
-16,076
| Closed | -$980K |
|
1095
Fortinet
FTNT
$117B
| – | – |
-267,384
| Closed | -$21.2M |
|
1096
Liberty Media Series C
FWONK
$25.8B
| – | – |
-53,631
| Closed | -$5.28M |
|
|
FYBR
1097
DELISTED
Frontier Communications
FYBR
| – | – |
-27,890
| Closed | -$1.06M |
|
1098
General Dynamics
GD
$106B
| – | – |
-41,018
| Closed | -$13.8M |
|
1099
GoDaddy
GDDY
$11.5B
| – | – |
-567,916
| Closed | -$70.5M |
|
1100
Gen Digital
GEN
$17.5B
| – | – |
-817,890
| Closed | -$22.2M |
|
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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.