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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$693M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$235M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$200M |
| 4 |
Petrobras
PBR
|
+$105M |
| 5 |
Shell
SHEL
|
+$105M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$1.02B |
| 2 |
Amazon
AMZN
|
+$593M |
| 3 |
TSMC
TSM
|
+$423M |
| 4 |
Marvell Technology
MRVL
|
+$354M |
| 5 |
GE Vernova
GEV
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 30.62% |
| 2 | Technology | 21.23% |
| 3 | Industrials | 7.72% |
| 4 | Financials | 6.76% |
| 5 | Healthcare | 6.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1151
Sunrun
RUN
$1.71B
| – | – |
-154,410
| Closed | -$2.09M | – |
|
1152
Rayonier
RYN
$5.59B
| – | – |
-43,978
| Closed | -$907K | – |
|
1153
Sally Beauty Holdings
SBH
$1.55B
| – | – |
-229,166
| Closed | -$3.17M | – |
|
1154
Sabesp
SBS
$22.4B
| – | – |
-149,260
| Closed | -$911K | – |
|
1155
SolarEdge
SEDG
$1.88B
| – | – |
-18,820
| Closed | -$961K | – |
|
1156
SK Telecom
SKM
$12.5B
| – | – |
-14,169
| Closed | -$415K | – |
|
1157
Sun Life Financial
SLF
$43.7B
| – | – |
-250,635
| Closed | -$15.7M | – |
|
1158
Simply Good Foods
SMPL
$982M
| – | – |
-110,216
| Closed | -$1.58M | – |
|
1159
Snap
SNAP
$10.4B
| – | – |
-20,739
| Closed | -$95.4K | – |
|
1160
DELISTED
Sun Country Airlines
SNCY
| – | – |
-384,328
| Closed | -$6.35M | – |
|
1161
Simon Property Group
SPG
$65.7B
| – | – |
-3,424
| Closed | -$639K | – |
|
1162
SPX Corp
SPXC
$8.33B
| – | – |
-11,736
| Closed | -$2.35M | – |
|
1163
Sportradar
SRAD
$3.48B
| – | – |
-118,737
| Closed | -$1.99M | – |
|
1164
Atlassian
TEAM
$53.1B
| – | – |
-15,623
| Closed | -$1.07M | – |
|
1165
Teck Resources
TECK
$31B
| – | – |
-13,655
| Closed | -$707K | – |
|
1166
Tenable Holdings
TENB
$4.19B
| – | – |
-12,570
| Closed | -$213K | – |
|
1167
Terex
TEX
$5.82B
| – | – |
-7,976
| Closed | -$471K | – |
|
1168
DELISTED
Taylor Morrison
TMHC
| – | – |
-19,763
| Closed | -$1.15M | – |
|
1169
Targa Resources
TRGP
$63B
| – | – |
-12,919
| Closed | -$3.24M | – |
|
1170
T. Rowe Price
TROW
$21.4B
| – | – |
-34,076
| Closed | -$3.07M | – |
|
1171
Tronox
TROX
$546M
| – | – |
-15,366
| Closed | -$150K | – |
|
1172
TransUnion
TRU
$13.9B
| – | – |
-63,861
| Closed | -$4.42M | – |
|
1173
Tesla
TSLA
$1.42T
| – | – |
-2,017
| Closed | -$750K | – |
|
1174
TTM Technologies
TTMI
$10.5B
| – | – |
-59,223
| Closed | -$5.77M | – |
|
1175
Tradeweb Markets
TW
$24B
| – | – |
-3,226
| Closed | -$380K | – |
|
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Ray Dalio's Q2 2026 Portfolio in Review
As of Q2 2026, Ray Dalio held 1,206 positions worth $24.4B, up 8.8% from $22.4B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Ray Dalio withdrew a net $3.05B in Q2 2026, closing 209 positions and reducing 379 holdings. Its most notable exit was Cisco, an estimated $63.8M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 31% of assets, up from 25% a quarter earlier, followed by Technology and Industrials.
Against the trend, Ray Dalio opened a new position in Eversource Energy worth $86.4M.
- Ray Dalio's largest Q2 2026 buy was Eversource Energy: 1,195,140 shares worth $86.4M.
- Ray Dalio added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $693M increase.
- Ray Dalio's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $1.02B.
- Ray Dalio fully exited Cisco in Q2 2026, selling an estimated $63.8M.
- Ray Dalio's ten largest holdings make up 40% of its $24.4B portfolio in Q2 2026.
- Ray Dalio opened 213 new positions and closed 209 in Q2 2026.
- Ray Dalio's portfolio value rose 8.8% quarter-over-quarter to $24.4B.
Based on Bridgewater Associates's 13F filing for Q2 2026, filed 14 Aug 2026.