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 | |
|---|---|---|---|---|---|---|
201
Host Hotels & Resorts
HST
$16B
| $881K | 0.01% |
+52,218
| New | +$922K |
|
202
IAMGOLD
IAG
$10.6B
| $881K | 0.01% |
+210,200
| New | +$1.12M |
|
203
Boston Properties
BXP
$11.1B
| $866K | 0.01% |
+8,215
| New | +$892K |
|
|
DNR
204
DELISTED
Denbury Resources, Inc.
DNR
| $859K | 0.01% |
+49,594
| New | +$891K |
|
|
HOLX
205
DELISTED
Hologic
HOLX
| $845K | 0.01% |
+43,800
| New | +$915K |
|
|
TUP
206
DELISTED
Tupperware Brands Corporation
TUP
| $839K | 0.01% |
+10,800
| New | +$873K |
|
|
XEC
207
DELISTED
CIMAREX ENERGY CO
XEC
| $833K | 0.01% |
+12,820
| New | +$911K |
|
208
AGNC Investment
AGNC
$12.9B
| $830K | 0.01% |
+36,090
| New | +$1.04M |
|
209
Federal Realty Investment Trust
FRT
$10.3B
| $819K | 0.01% |
+7,900
| New | +$873K |
|
210
The Mosaic Company
MOS
$7.33B
| $818K | 0.01% |
+15,200
| New | +$904K |
|
211
CNX Resources
CNX
$5.2B
| $814K | 0.01% |
+36,024
| New | +$992K |
|
212
Mettler-Toledo International
MTD
$28.6B
| $805K | 0.01% |
+4,000
| New | +$852K |
|
|
WDR
213
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $792K | 0.01% |
+18,213
| New | +$803K |
|
214
CF Industries
CF
$17.3B
| $789K | 0.01% |
+23,000
| New | +$859K |
|
215
Starwood Property Trust
STWD
$6.09B
| $785K | 0.01% |
+39,314
| New | +$839K |
|
|
TRQ
216
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $767K | 0.01% |
+16,848
| New | +$842K |
|
|
IHS
217
DELISTED
IHS INC CL-A COM STK
IHS
| $762K | 0.01% |
+7,300
| New | +$748K |
|
218
Alaska Air
ALK
$5.58B
| $754K | 0.01% |
+29,000
| New | +$855K |
|
|
AVP
219
DELISTED
Avon Products, Inc.
AVP
| $753K | 0.01% |
+35,800
| New | +$804K |
|
220
Martin Marietta Materials
MLM
$33B
| $738K | 0.01% |
+7,500
| New | +$779K |
|
221
Realty Income
O
$59.1B
| $729K | 0.01% |
+17,957
| New | +$830K |
|
222
Invesco
IVZ
$13.9B
| $693K | 0.01% |
+21,800
| New | +$697K |
|
|
DRE
223
DELISTED
Duke Realty Corp.
DRE
| $677K | 0.01% |
+43,409
| New | +$739K |
|
224
TJX Companies
TJX
$178B
| $661K | 0.01% |
+26,398
| New | +$651K |
|
225
Chubb
CB
$135B
| $652K | 0.01% |
+7,285
| New | +$653K |
|
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.