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 |
iShares MSCI Brazil ETF
EWZ
|
+$86.6M |
| 2 |
LyondellBasell Industries
LYB
|
+$20.9M |
| 3 |
SPLS
Staples Inc
SPLS
|
+$20.2M |
| 4 |
B
Barrick Mining
B
|
+$16.1M |
| 5 |
Parker-Hannifin
PH
|
+$15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$165M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$157M |
| 3 |
Micron Technology
MU
|
+$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
+$23.5M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$21M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Urban Outfitters
URBN
$6.59B
| $5.4M | 0.07% |
196,329
+76,216
| +63% | +$2.19M |
|
|
EA
127
DELISTED
Electronic Arts
EA
| $5.29M | 0.07% |
69,800
-626
| -0.9% | -$44.1K |
|
128
VeriSign
VRSN
$26.6B
| $5.24M | 0.07% |
60,601
+57,301
| +1,736% | +$4.94M |
|
129
AngloGold Ashanti
AU
$48.7B
| $5.14M | 0.06% |
284,378
-54,200
| -16% | -$825K |
|
130
Microchip Technology
MCHP
$46B
| $5.04M | 0.06% |
198,548
-155,742
| -44% | -$3.88M |
|
131
Home Depot
HD
$355B
| $4.98M | 0.06% |
39,000
-13,080
| -25% | -$1.73M |
|
132
American Express
AXP
$230B
| $4.93M | 0.06% |
81,100
-30,808
| -28% | -$1.95M |
|
|
BCR
133
DELISTED
CR Bard Inc.
BCR
| $4.89M | 0.06% |
20,815
-2,500
| -11% | -$543K |
|
|
CLR
134
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $4.77M | 0.06% |
105,460
-12,200
| -10% | -$479K |
|
|
CXO
135
DELISTED
CONCHO RESOURCES INC.
CXO
| $4.73M | 0.06% |
39,653
-1,200
| -3% | -$139K |
|
136
Capital One
COF
$134B
| $4.67M | 0.06% |
+73,500
| New | +$5.12M |
|
|
NBL
137
DELISTED
Noble Energy, Inc.
NBL
| $4.53M | 0.06% |
126,362
-11,200
| -8% | -$394K |
|
138
Kinross Gold
KGC
$32.8B
| $4.42M | 0.06% |
906,500
-65,400
| -7% | -$312K |
|
139
Booking.com
BKNG
$161B
| $4.37M | 0.05% |
87,500
-76,275
| -47% | -$3.96M |
|
140
Alphabet (Google) Class A
GOOGL
$4.33T
| $4.29M | 0.05% |
122,000
-96,520
| -44% | -$3.54M |
|
141
Lowe's Companies
LOW
$125B
| $4.26M | 0.05% |
53,800
+10,808
| +25% | +$836K |
|
142
PACCAR
PCAR
$70.1B
| $4.24M | 0.05% |
122,639
+44,555
| +57% | +$1.64M |
|
143
EQT Corp
EQT
$32.3B
| $4.16M | 0.05% |
98,621
+5,695
| +6% | +$222K |
|
144
Freeport-McMoran
FCX
$97.5B
| $4.12M | 0.05% |
369,991
-31,700
| -8% | -$351K |
|
145
Abbott
ABT
$187B
| $4.09M | 0.05% |
104,100
+92,700
| +813% | +$3.69M |
|
146
NVIDIA
NVDA
$5.42T
| $3.86M | 0.05% |
3,284,840
-324,000
| -9% | -$334K |
|
147
Analog Devices
ADI
$190B
| $3.81M | 0.05% |
67,281
+13,700
| +26% | +$785K |
|
148
FirstEnergy
FE
$27.5B
| $3.75M | 0.05% |
107,345
-2,200
| -2% | -$74.5K |
|
|
ATVI
149
DELISTED
Activision Blizzard
ATVI
| $3.71M | 0.05% |
93,510
-23,403
| -20% | -$860K |
|
|
LLTC
150
DELISTED
Linear Technology Corp
LLTC
| $3.7M | 0.05% |
79,439
-65,078
| -45% | -$2.97M |
|
Similar funds
Ray Dalio's Q2 2016 Portfolio in Review
As of Q2 2016, Ray Dalio held 392 positions worth $7.98B, up 0.98% from $7.9B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Ray Dalio's Q2 2016 filing shows 139 new, 92 increased, 106 reduced and 52 closed positions. Its largest new stake was Parker-Hannifin: 133,700 shares worth $14.4M. The largest sale was Vanguard FTSE Emerging Markets ETF, an estimated $165M.
By sector, the portfolio is most concentrated in Materials at 3.6% of assets, up from 2.3% a quarter earlier, followed by Energy and Technology.
- Ray Dalio's largest Q2 2016 buy was Parker-Hannifin: 133,700 shares worth $14.4M.
- Ray Dalio added most to iShares MSCI Brazil ETF in Q2 2016, an estimated $86.6M increase.
- Ray Dalio's biggest Q2 2016 reduction was Vanguard FTSE Emerging Markets ETF, cutting an estimated $165M.
- Ray Dalio fully exited Micron Technology in Q2 2016, selling an estimated $23.6M.
- Ray Dalio's ten largest holdings make up 79% of its $7.98B portfolio in Q2 2016.
- Ray Dalio opened 139 new positions and closed 52 in Q2 2016.
- Ray Dalio's portfolio value rose 0.98% quarter-over-quarter to $7.98B.
Based on Bridgewater Associates's 13F filing for Q2 2016, filed 10 Aug 2016.