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 | |
|---|---|---|---|---|---|---|
201
NRG Energy
NRG
$24.8B
| $1.8M | 0.02% |
120,149
-398,901
| -77% | -$5.91M |
|
202
Jones Lang LaSalle
JLL
$16.7B
| $1.72M | 0.02% |
+17,600
| New | +$2.02M |
|
203
B2Gold
BTG
$6.64B
| $1.68M | 0.02% |
+673,200
| New | +$1.36M |
|
204
Unum
UNM
$14.3B
| $1.66M | 0.02% |
+52,300
| New | +$1.77M |
|
|
N
205
DELISTED
Netsuite Inc
N
| $1.65M | 0.02% |
+22,600
| New | +$1.73M |
|
|
NGD
206
DELISTED
New Gold Inc
NGD
| $1.56M | 0.02% |
358,700
-51,700
| -13% | -$218K |
|
207
East-West Bancorp
EWBC
$18B
| $1.55M | 0.02% |
+45,300
| New | +$1.63M |
|
208
ManpowerGroup
MAN
$2.63B
| $1.54M | 0.02% |
+23,900
| New | +$1.85M |
|
209
Lear
LEA
$8.18B
| $1.54M | 0.02% |
+15,100
| New | +$1.7M |
|
210
CSX Corp
CSX
$93.1B
| $1.5M | 0.02% |
172,800
-129,000
| -43% | -$1.12M |
|
211
Zions Bancorporation
ZION
$10.3B
| $1.49M | 0.02% |
+59,112
| New | +$1.57M |
|
212
Robert Half
RHI
$4.37B
| $1.48M | 0.02% |
+38,800
| New | +$1.59M |
|
213
Raymond James Financial
RJF
$34B
| $1.48M | 0.02% |
+45,000
| New | +$1.54M |
|
214
Flowserve
FLS
$10.2B
| $1.46M | 0.02% |
+32,400
| New | +$1.52M |
|
|
TFCFA
215
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.44M | 0.02% |
53,200
-151,100
| -74% | -$4.4M |
|
|
PTR
216
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $1.41M | 0.02% |
20,809
| – | – |
|
217
Celanese
CE
$4.82B
| $1.41M | 0.02% |
+21,500
| New | +$1.49M |
|
|
TIF
218
DELISTED
Tiffany & Co.
TIF
| $1.39M | 0.02% |
+22,900
| New | +$1.52M |
|
219
Cameco
CCJ
$42.4B
| $1.39M | 0.02% |
126,900
+1,300
| +1% | +$15.4K |
|
|
CIT
220
DELISTED
CIT Group Inc.
CIT
| $1.35M | 0.02% |
42,400
-5,600
| -12% | -$182K |
|
221
KeyCorp
KEY
$24.4B
| $1.33M | 0.02% |
+120,100
| New | +$1.43M |
|
222
AMC Global Media
AMCX
$489M
| $1.31M | 0.02% |
21,728
+15,395
| +243% | +$979K |
|
|
MRSH
223
Marsh
MRSH
$91.5B
| $1.29M | 0.02% |
18,890
-20,800
| -52% | -$1.34M |
|
224
Dover
DOV
$28.4B
| $1.28M | 0.02% |
+22,903
| New | +$1.23M |
|
225
Wabtec
WAB
$49.3B
| $1.24M | 0.02% |
+17,699
| New | +$1.38M |
|
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.