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.
PROStill at the same price?
A 13F arrives 45 days late. See the estimated buy price of the other 995 positions, the move since, and where each stands against Makkler Fair Value with MakklerPRO.
SPYSPDR S&P 500 ETF Trust16.3%+21.9%- Price
- $778.01
- Since est. buy
- +7.3%
- Fair Value gap
- —
IVViShares Core S&P 500 ETF9.2%+12.1%- Price
- $781.54
- Since est. buy
- +7.3%
- Fair Value gap
- —
NVDANVIDIA Corporation3.2%-17.6%- Price
- $228.52
- Since est. buy
- Fair Value gap
AVGOBroadcom Inc.2.0%-28.2%- Price
- $357.31
- Since est. buy
- Fair Value gap
AMZNAmazon.com, Inc.2.0%-53.8%- Price
- $258.58
- Since est. buy
- Fair Value gap
GOOGLAlphabet Inc. Class A1.9%-33.8%- Price
- $353.78
- Since est. buy
- Fair Value gap
LRCXLam Research Corporation1.7%-40.3%- Price
- $301.11
- Since est. buy
- Fair Value gap
VOOVanguard S&P 500 ETF1.3%+189%- Price
- $715.20
- Since est. buy
- Fair Value gap
AMDAdvanced Micro Devices, Inc.1.3%-58.3%- Price
- $605.53
- Since est. buy
- Fair Value gap
EWYIshares Msci South Korea Etf1.1%-21.6%- Price
- $166.56
- Since est. buy
- Fair Value gap
MSFTMicrosoft Corporation1.1%-34.4%- Price
- $543.45
- Since est. buy
- Fair Value gap
NEMNewmont Corporation1.0%+16.3%- Price
- $115.59
- Since est. buy
- Fair Value gap
AMATApplied Materials, Inc.0.9%-48.0%- Price
- $464.24
- Since est. buy
- Fair Value gap
ORCLOracle Corporation0.9%-10.0%- Price
- $143.20
- Since est. buy
- Fair Value gap
- SESeagate Technology Hldngs PlSeagate Technology Hldngs Pl0.8%-39.3%
- Price
- —
- Since est. buy
- Fair Value gap
JNJJohnson & Johnson0.7%-4.0%- Price
- $248.61
- Since est. buy
- Fair Value gap
VWOVanguard FTSE Emerging Markets ETF0.7%+0.9%- Price
- $59.68
- Since est. buy
- Fair Value gap
GEVGE Vernova Inc.0.6%-71.8%- Price
- $1,004.04
- Since est. buy
- Fair Value gap
UNPUnion Pacific Corporation0.6%-3.5%- Price
- $282.36
- Since est. buy
- Fair Value gap
MUMicron Technology, Inc.0.6%-92.1%- Price
- $953.19
- Since est. buy
- Fair Value gap
MBBIshares Mbs Etf0.5%+2.0%- Price
- $89.97
- Since est. buy
- Fair Value gap
MOAltria Group, Inc.0.5%+1.3%- Price
- $71.56
- Since est. buy
- Fair Value gap
APHAmphenol Corporation Class A0.5%-19.2%- Price
- $85.89
- Since est. buy
- Fair Value gap
- ASAsml Holding N VAsml Holding N V0.5%-33.1%
- Price
- —
- Since est. buy
- Fair Value gap
BBarrick Mining Corp0.5%+7.3%- Price
- $40.52
- Since est. buy
- Fair Value gap
CLSCelestica Inc0.5%-37.1%- Price
- $357.44
- Since est. buy
- Fair Value gap
VSTVistra Corp.0.5%+116%- Price
- $162.36
- Since est. buy
- Fair Value gap
SHELShell Plc-Adr0.5%+389%- Price
- $102.99
- Since est. buy
- Fair Value gap
SESea Ltd-Adr0.5%-10.0%- Price
- $95.93
- Since est. buy
- Fair Value gap
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF0.5%+2.8%- Price
- $102.55
- Since est. buy
- Fair Value gap
NUENucor Corporation0.5%-17.0%- Price
- $253.80
- Since est. buy
- Fair Value gap
PCARPACCAR Inc0.5%+21.8%- Price
- $107.98
- Since est. buy
- Fair Value gap
WDCWestern Digital Corporation0.5%-30.8%- Price
- $380.71
- Since est. buy
- Fair Value gap
IEMGIshares Core Msci Emerging0.5%-1.1%- Price
- $80.22
- Since est. buy
- Fair Value gap
CSXCSX Corporation0.4%-6.1%- Price
- $47.76
- Since est. buy
- Fair Value gap
PBRPetroleo Brasileiro-Spon Adr0.4%+467%- Price
- $25.50
- Since est. buy
- Fair Value gap
AAPLApple Inc.0.4%-35.3%- Price
- $341.27
- Since est. buy
- Fair Value gap
LLYEli Lilly and Company0.4%+22.9%- Price
- $1,166.51
- Since est. buy
- Fair Value gap
PCGPG&E Corporation0.4%+24,079%- Price
- $13.33
- Since est. buy
- Fair Value gap
KLACKLA Corporation0.4%+202%- Price
- $184.00
- Since est. buy
- Fair Value gap
Values are US dollar amounts as of the filing. The estimated buy price is the quarter's average close; Fair Value is the same model as on Makkler's stock pages.
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.