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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$4.16B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$3.37B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$43.3M |
| 5 |
Oracle
ORCL
|
+$32.3M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.48% |
| 2 | Energy | 2.06% |
| 3 | Financials | 1.14% |
| 4 | Materials | 0.95% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Telus
TU
$15.3B
| $2.96M | 0.03% |
+203,400
| New | +$3.52M |
|
127
Elevance Health
ELV
$85.5B
| $2.96M | 0.03% |
+36,126
| New | +$2.7M |
|
|
ALTR
128
DELISTED
Altera Corp
ALTR
| $2.94M | 0.03% |
+88,981
| New | +$2.92M |
|
129
Weyerhaeuser
WY
$18.4B
| $2.92M | 0.03% |
+102,366
| New | +$3.1M |
|
130
Microsoft
MSFT
$3.71T
| $2.91M | 0.03% |
+84,204
| New | +$2.76M |
|
|
LLTC
131
DELISTED
Linear Technology Corp
LLTC
| $2.9M | 0.03% |
+78,598
| New | +$2.89M |
|
132
Agnico Eagle Mines
AEM
$90.5B
| $2.87M | 0.03% |
+104,158
| New | +$3.29M |
|
133
Labcorp
LH
$25.9B
| $2.79M | 0.02% |
+32,476
| New | +$2.7M |
|
|
NBL
134
DELISTED
Noble Energy, Inc.
NBL
| $2.78M | 0.02% |
+46,252
| New | +$2.68M |
|
135
Devon Energy
DVN
$47.3B
| $2.76M | 0.02% |
+53,200
| New | +$2.96M |
|
136
Expeditors International
EXPD
$23.2B
| $2.76M | 0.02% |
+72,490
| New | +$2.71M |
|
137
Franco-Nevada
FNV
$46B
| $2.72M | 0.02% |
+76,100
| New | +$3.06M |
|
138
Fossil Group
FOSL
$318M
| $2.7M | 0.02% |
+26,114
| New | +$2.64M |
|
139
Bank of America
BAC
$442B
| $2.69M | 0.02% |
+209,091
| New | +$2.67M |
|
140
Eldorado Gold
EGO
$9.89B
| $2.64M | 0.02% |
+85,660
| New | +$3.16M |
|
|
PXD
141
DELISTED
Pioneer Natural Resource Co.
PXD
| $2.56M | 0.02% |
+17,700
| New | +$2.36M |
|
142
Patterson-UTI
PTEN
$3.76B
| $2.53M | 0.02% |
+130,514
| New | +$2.85M |
|
|
BCR
143
DELISTED
CR Bard Inc.
BCR
| $2.49M | 0.02% |
+22,886
| New | +$2.38M |
|
144
Moody's
MCO
$82.7B
| $2.42M | 0.02% |
+39,700
| New | +$2.41M |
|
145
Morgan Stanley
MS
$340B
| $2.34M | 0.02% |
+95,855
| New | +$2.27M |
|
146
Corning
GLW
$143B
| $2.31M | 0.02% |
+162,600
| New | +$2.36M |
|
147
Biogen
BIIB
$30.7B
| $2.26M | 0.02% |
+10,512
| New | +$2.25M |
|
148
Cigna
CI
$74.6B
| $2.25M | 0.02% |
+31,081
| New | +$2.09M |
|
149
CME Group
CME
$94.8B
| $2.25M | 0.02% |
+29,611
| New | +$1.94M |
|
150
Gold Fields
GFI
$36.5B
| $2.23M | 0.02% |
+425,600
| New | +$2.72M |
|
Similar funds
Ray Dalio's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Ray Dalio, which disclosed 323 positions worth $11.4B. Its ten largest holdings account for 90% of the portfolio.
Its largest position is Vanguard FTSE Emerging Markets ETF: 99,189,020 shares worth $3.85B.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, followed by Energy and Financials.
- Ray Dalio's largest Q2 2013 buy was Vanguard FTSE Emerging Markets ETF: 99,189,020 shares worth $3.85B.
- Ray Dalio's ten largest holdings make up 90% of its $11.4B portfolio in Q2 2013.
- Ray Dalio disclosed 323 positions in Q2 2013, its first 13F filing on record.
Based on Bridgewater Associates's 13F filing for Q2 2013, filed 13 Aug 2013.