Ray Dalio
Bridgewater Associates
Founded Bridgewater, the world's largest hedge fund, and has since stepped back from it. Its 13F is broad, with close to a thousand positions.
13F portfolio value
Q2 2026
$24.38B
1-year growth
-1.7%
2-year growth
+27.3%
Positions
997
Top 10 share
40.0%
Quarterly turnover
24.5%
Last filed
Aug 14, 2026
Q2 2026: summary
MakklerAI- SPY rose 21.9% in shares to a 16.3% portfolio weight; IVV increased 12.1% to 9.2%.
- SPY and IVV weights climbed from 12.7% and 7.8% last quarter; the portfolio totaled $24.4B across 997 positions.
- Bridgewater cut MU by 92.1%, AMZN by 53.8% and AMD by 58.3% in shares; NVDA was reduced 17.6%.
- ETFs represented 30.6% of the portfolio and the top ten holdings 40.0%; the quarter saw 214 new positions, 210 exits and 24.5% turnover.
PROEstimated trade prices are PRO
See the average price in the quarter of each buy and sale and the move since. The first row of each group is open as a preview.
New positions 214
Est. buy price PRO
ESNewEversource Energy0.4%
0.35 pt impact
$69.25
-5.1% since
APPNewAppLovin Corp. Class A0.3%
0.31 pt impact
EDNewConsolidated Edison, Inc.0.3%
0.28 pt impact
NINewNiSource Inc0.3%
0.28 pt impact
NOWNewServiceNow, Inc.0.3%
0.26 pt impact
DUKNewDuke Energy Corporation0.2%
0.23 pt impact
NTNXNewNutanix, Inc. Class A0.2%
0.21 pt impact
APANewAPA Corporation0.2%
0.19 pt impact
EXENewExpand Energy Corporation0.2%
0.17 pt impact
VMCNewVulcan Materials Company0.1%
0.13 pt impact
DVNNewDevon Energy Corporation0.1%
0.12 pt impact
- EXExxon Mobil CorpNewExxon Mobil Corp
0.1%
0.12 pt impact
+202 more positions
Added to 394
Est. buy price PRO
SPY+21.9%SPDR S&P 500 ETF Trust16.3%
2.93 pt impact
$725.01
+7.3% since
IVV+12.1%iShares Core S&P 500 ETF9.2%
0.99 pt impact
VOO+189%Vanguard S&P 500 ETF1.3%
0.84 pt impact
PCG+24,079%PG&E Corporation0.4%
0.41 pt impact
SHEL+389%Shell Plc-Adr0.5%
0.39 pt impact
PBR+467%Petroleo Brasileiro-Spon Adr0.4%
0.36 pt impact
EIX+777%Edison International0.4%
0.33 pt impact
MPC+352%Marathon Petroleum Corporation0.4%
0.29 pt impact
EOG+4,191%EOG Resources, Inc.0.3%
0.28 pt impact
KLAC+202%KLA Corporation0.4%
0.27 pt impact
VST+116%Vistra Corp.0.5%
0.26 pt impact
ADI+269%Analog Devices, Inc.0.3%
0.24 pt impact
+382 more positions
Trimmed 376
Est. sell price PRO
MU-92.1%Micron Technology, Inc.0.6%
-6.44 pt impact
$749.89
+27.1% since
AMZN-53.8%Amazon.com, Inc.2.0%
-2.31 pt impact
MRVL-90.7%Marvell Technology, Inc.0.2%
-2.16 pt impact
TSM-96.8%Taiwan Semiconductor-Sp Adr<0.1%
-2.04 pt impact
AMD-58.3%Advanced Micro Devices, Inc.1.3%
-1.80 pt impact
GEV-71.8%GE Vernova Inc.0.6%
-1.50 pt impact
ALAB-99.9%Astera Labs, Inc.<0.1%
-1.49 pt impact
LRCX-40.3%Lam Research Corporation1.7%
-1.13 pt impact
GOOGL-33.8%Alphabet Inc. Class A1.9%
-0.99 pt impact
- CRCredo Technology Group Holdi-82.6%Credo Technology Group Holdi
0.2%
-0.95 pt impact
ARM-99.2%Arm Holdings Plc-Adr<0.1%
-0.86 pt impact
AVGO-28.2%Broadcom Inc.2.0%
-0.80 pt impact
+364 more positions
Sold out 210
Est. sell price PRO
CSCOSoldCisco Systems, Inc.0.3%
-0.28 pt impact
$104.58
+10.0% since
ASXSoldAse Technology Holding -Adr0.1%
-0.15 pt impact
CRWVSoldCoreWeave, Inc. Class A0.1%
-0.13 pt impact
PRIMSoldPrimoris Services Corporation<0.1%
-0.09 pt impact
BNSoldBrookfield Corporation<0.1%
-0.09 pt impact
AAOISoldApplied Optoelectronics, Inc.<0.1%
-0.08 pt impact
PLTRSoldPalantir Technologies Inc. Class A<0.1%
-0.08 pt impact
NBISSoldNebius Group N.V. Class A<0.1%
-0.07 pt impact
SLFSoldSun Life Financial Inc<0.1%
-0.07 pt impact
BMYSoldBristol-Myers Squibb Company<0.1%
-0.07 pt impact
- THThomson Reuters Corp.SoldThomson Reuters Corp.
<0.1%
-0.06 pt impact
CFRSoldCullen/Frost Bankers, Inc.<0.1%
-0.06 pt impact
+198 more positions
MakklerAI
Ask MakklerAI about Ray Dalio's portfolio
Explore this quarter's moves and where each position stands against its estimated buy price and Makkler Fair Value. Answers are based on the 13F and today's prices.