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 | |
|---|---|---|---|---|---|---|
1201
SM Energy
SM
$6.92B
| – | – |
-47,514
| Closed | -$889K |
|
|
SNV
1202
DELISTED
Synovus
SNV
| – | – |
-54,509
| Closed | -$2.73M |
|
1203
SPS Commerce
SPSC
$2.64B
| – | – |
-65,572
| Closed | -$5.84M |
|
1204
Stellantis
STLA
$20.8B
| – | – |
-17,506
| Closed | -$191K |
|
1205
StoneCo
STNE
$2.58B
| – | – |
-89,282
| Closed | -$1.32M |
|
1206
Synchrony
SYF
$25.6B
| – | – |
-236,147
| Closed | -$19.7M |
|
1207
Texas Capital Bancshares
TCBI
$4.32B
| – | – |
-115,623
| Closed | -$10.5M |
|
1208
Toronto Dominion Bank
TD
$200B
| – | – |
-99,698
| Closed | -$9.41M |
|
1209
Telephone and Data Systems
TDS
$3.75B
| – | – |
-14,967
| Closed | -$614K |
|
1210
TFI International
TFII
$11.5B
| – | – |
-4,759
| Closed | -$493K |
|
1211
Teleflex
TFX
$5.98B
| – | – |
-30,978
| Closed | -$3.78M |
|
1212
TKO Group
TKO
$13.6B
| – | – |
-13,198
| Closed | -$2.76M |
|
1213
TMC The Metals Company
TMC
$1.98B
| – | – |
-54,309
| Closed | -$335K |
|
1214
TriNet
TNET
$3.14B
| – | – |
-119,276
| Closed | -$7.05M |
|
1215
Trex
TREX
$5.01B
| – | – |
-140,305
| Closed | -$4.92M |
|
1216
TripAdvisor
TRIP
$1.26B
| – | – |
-80,581
| Closed | -$1.17M |
|
1217
Trimble
TRMB
$13.9B
| – | – |
-36,848
| Closed | -$2.89M |
|
1218
Trupanion
TRUP
$1.18B
| – | – |
-9,309
| Closed | -$348K |
|
1219
Tractor Supply
TSCO
$18.1B
| – | – |
-63,729
| Closed | -$3.19M |
|
1220
Trane Technologies
TT
$106B
| – | – |
-24,009
| Closed | -$9.34M |
|
1221
Trade Desk
TTD
$6.49B
| – | – |
-157,968
| Closed | -$6M |
|
1222
Tyler Technologies
TYL
$12.8B
| – | – |
-3,272
| Closed | -$1.49M |
|
1223
Under Armour
UAA
$2.6B
| – | – |
-228,353
| Closed | -$1.13M |
|
|
UCTT
1224
Ultra Clean Holdings
UCTT
$3.95B
| – | – |
-9,137
| Closed | -$231K |
|
|
UDMY
1225
DELISTED
Udemy
UDMY
| – | – |
-10,313
| Closed | -$60.3K |
|
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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.