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 | |
|---|---|---|---|---|---|---|
1226
Uranium Energy
UEC
$5.57B
| – | – |
-585,538
| Closed | -$6.84M |
|
1227
UnitedHealth
UNH
$370B
| – | – |
-6,170
| Closed | -$2.04M |
|
1228
Upwork
UPWK
$1.19B
| – | – |
-541,073
| Closed | -$10.7M |
|
1229
Energy Fuels
UUUU
$3.53B
| – | – |
-341,533
| Closed | -$4.97M |
|
1230
Marriott Vacations Worldwide
VAC
$4.24B
| – | – |
-37,118
| Closed | -$2.14M |
|
1231
Visteon
VC
$2.78B
| – | – |
-34,305
| Closed | -$3.26M |
|
1232
Vericel Corp
VCEL
$2.31B
| – | – |
-8,543
| Closed | -$308K |
|
1233
Veeva Systems
VEEV
$37.4B
| – | – |
-91,766
| Closed | -$20.5M |
|
1234
Vulcan Materials
VMC
$36.9B
| – | – |
-27,259
| Closed | -$7.77M |
|
1235
Verisk Analytics
VRSK
$25B
| – | – |
-24,697
| Closed | -$5.52M |
|
1236
Wabtec
WAB
$49.3B
| – | – |
-26,173
| Closed | -$5.59M |
|
1237
Webster Financial
WBS
$12.8B
| – | – |
-754,071
| Closed | -$47.5M |
|
1238
Workday
WDAY
$44.4B
| – | – |
-965,117
| Closed | -$207M |
|
1239
WEX
WEX
$6.31B
| – | – |
-57,869
| Closed | -$8.62M |
|
1240
Whirlpool
WHR
$2.82B
| – | – |
-72,503
| Closed | -$5.23M |
|
1241
Workiva
WK
$3.54B
| – | – |
-50,254
| Closed | -$4.33M |
|
1242
Worthington Enterprises
WOR
$2.86B
| – | – |
-17,364
| Closed | -$895K |
|
1243
Williams-Sonoma
WSM
$29.6B
| – | – |
-2,663
| Closed | -$476K |
|
1244
Xcel Energy
XEL
$48.8B
| – | – |
-18,031
| Closed | -$1.33M |
|
1245
Dentsply Sirona
XRAY
$2.43B
| – | – |
-476,608
| Closed | -$5.45M |
|
1246
Yeti Holdings
YETI
$3.95B
| – | – |
-69,305
| Closed | -$3.06M |
|
1247
Zillow
Z
$7.56B
| – | – |
-222,819
| Closed | -$15.2M |
|
1248
Ziff Davis
ZD
$1.98B
| – | – |
-249,506
| Closed | -$8.77M |
|
1249
Zeta Global
ZETA
$6.69B
| – | – |
-20,614
| Closed | -$419K |
|
1250
Zoom
ZM
$30.6B
| – | – |
-116,808
| Closed | -$10.1M |
|
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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.