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 | |
|---|---|---|---|---|---|---|
176
Labcorp
LH
$25.9B
| $2.54M | 0.03% |
22,713
-10,112
| -31% | -$1.09M |
|
177
Accenture
ACN
$108B
| $2.53M | 0.03% |
+22,300
| New | +$2.59M |
|
178
Honeywell
HON
$78B
| $2.47M | 0.03% |
23,590
+14,913
| +172% | +$1.53M |
|
|
VRN
179
DELISTED
Veren
VRN
| $2.41M | 0.03% |
153,100
-5,300
| -3% | -$84.9K |
|
180
Ameriprise Financial
AMP
$48.8B
| $2.35M | 0.03% |
+26,200
| New | +$2.53M |
|
181
Air Products & Chemicals
APD
$67.6B
| $2.34M | 0.03% |
+17,837
| New | +$2.38M |
|
182
Eldorado Gold
EGO
$9.89B
| $2.34M | 0.03% |
104,700
-16,220
| -13% | -$336K |
|
183
Illinois Tool Works
ITW
$84.5B
| $2.32M | 0.03% |
22,279
-13,500
| -38% | -$1.41M |
|
184
Akamai
AKAM
$15.9B
| $2.3M | 0.03% |
41,200
-105,036
| -72% | -$5.53M |
|
185
Teck Resources
TECK
$32.6B
| $2.3M | 0.03% |
175,500
-9,200
| -5% | -$95K |
|
186
Tyson Foods
TSN
$20.4B
| $2.25M | 0.03% |
+33,648
| New | +$2.18M |
|
187
Range Resources
RRC
$8.95B
| $2.23M | 0.03% |
51,604
-700
| -1% | -$28.7K |
|
188
O'Reilly Automotive
ORLY
$76.3B
| $2.21M | 0.03% |
122,535
-229,500
| -65% | -$4.06M |
|
189
Danaher
DHR
$144B
| $2.21M | 0.03% |
32,561
-84,658
| -72% | -$5.54M |
|
190
Sibanye-Stillwater
SBSW
$7.53B
| $2.21M | 0.03% |
+171,983
| New | +$2.19M |
|
191
HF Sinclair
DINO
$14.5B
| $2.19M | 0.03% |
92,036
-20,190
| -18% | -$601K |
|
192
Affiliated Managers Group
AMG
$9.76B
| $2.08M | 0.03% |
+14,800
| New | +$2.42M |
|
|
TRQ
193
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $2.08M | 0.03% |
61,710
+1,210
| +2% | +$35.1K |
|
|
XLNX
194
DELISTED
Xilinx Inc
XLNX
| $2.04M | 0.03% |
44,315
-42,185
| -49% | -$1.93M |
|
195
Huntington Bancshares
HBAN
$35.5B
| $1.98M | 0.02% |
+221,600
| New | +$2.18M |
|
196
Alaska Air
ALK
$5.58B
| $1.98M | 0.02% |
+33,900
| New | +$2.34M |
|
|
KSU
197
DELISTED
Kansas City Southern
KSU
| $1.97M | 0.02% |
21,848
-5,900
| -21% | -$537K |
|
198
Corning
GLW
$143B
| $1.96M | 0.02% |
95,500
-76,517
| -44% | -$1.53M |
|
|
LVLT
199
DELISTED
Level 3 Communications Inc
LVLT
| $1.87M | 0.02% |
36,400
-16,060
| -31% | -$840K |
|
200
Thermo Fisher Scientific
TMO
$220B
| $1.84M | 0.02% |
+12,466
| New | +$1.84M |
|
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.