Investor portfolio · SEC Form 13F · Q2 2026
Ray Dalio's portfolio (Bridgewater Associates)
Bridgewater Associates, founded by Ray Dalio in 1975, is one of the largest hedge fund firms in the world. Dalio has since handed control to a new generation of leaders, so the 13F reflects the firm's current managers rather than Dalio personally.
Holdings as of June 30, 2026
Filed with the SEC Aug 14, 2026
Compared with Q1 2026 (Mar 31, 2026)
13F filer: Bridgewater Associates, LP
Reported value$24.38Bas of Jun 30, 2026
Positions997long positions
Top 10 holdings40.0%of reported value
New positions214opened in Q2 2026
Added to399more shares
Reduced378fewer shares
Sold out210fully exited
Ray Dalio's holdings — Q2 2026
sorted by share of reported value · click a column to sort| Stock | % of portfolio | Value | Shares | Change in shares | Q2 2026 |
|---|---|---|---|---|---|
| 16.30% | $3.97B | 5.32M | +955.45K (+21.9%) | Added | |
ISHARES TRCORE S&P500 ETF
|
9.22% | $2.25B | 3.00M | +323.20K (+12.1%) | Added |
| 3.17% | $773.59M | 3.87M | -826.81K (-17.6%) | Reduced | |
| 2.04% | $497.85M | 1.32M | -517.46K (-28.2%) | Reduced | |
| 1.98% | $482.75M | 2.03M | -2.36M (-53.9%) | Reduced | |
| 1.94% | $472.51M | 1.32M | -675.50K (-33.8%) | Reduced | |
| 1.67% | $406.56M | 938.22K | -633.00K (-40.3%) | Reduced | |
VANGUARD INDEX FDSS&P 500 ETF SHS
|
1.29% | $314.82M | 458.38K | +299.75K (+189.0%) | Added |
| 1.28% | $312.90M | 538.63K | -754.13K (-58.3%) | Reduced | |
ISHARES INCMSCI STH KOR ETF
|
1.15% | $279.59M | 1.38M | -381.49K (-21.6%) | Reduced |
| 1.09% | $265.55M | 711.90K | -373.08K (-34.4%) | Reduced | |
| 1.03% | $251.73M | 2.70M | +378.53K (+16.3%) | Added | |
| 0.86% | $210.70M | 291.43K | -268.49K (-48.0%) | Reduced | |
| 0.86% | $210.00M | 1.43M | -159.10K (-10.0%) | Reduced | |
| 0.79% | $192.83M | 199.82K | -129.29K (-39.3%) | Reduced | |
| 0.70% | $169.94M | 669.13K | -27.75K (-4.0%) | Reduced | |
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF
|
0.67% | $163.96M | 2.75M | +25.08K (+0.9%) | Added |
| 0.59% | $144.24M | 122.77K | -312.13K (-71.8%) | Reduced | |
| 0.57% | $139.88M | 514.27K | -18.58K (-3.5%) | Reduced | |
| 0.55% | $134.67M | 116.67K | -1.36M (-92.1%) | Reduced | |
ISHARES TRMBS ETF
|
0.54% | $131.08M | 1.39M | +26.80K (+2.0%) | Added |
| 0.51% | $124.27M | 1.73M | +21.70K (+1.3%) | Added | |
| 0.50% | $123.00M | 697.61K | -165.44K (-19.2%) | Reduced | |
| 0.50% | $122.70M | 61.67K | -30.52K (-33.1%) | Reduced | |
BBARRICK MINING CORP
|
0.50% | $121.39M | 3.30M | +225.59K (+7.3%) | Added |
CLSCELESTICA INC
|
0.49% | $120.64M | 330.69K | -194.93K (-37.1%) | Reduced |
| 0.49% | $119.24M | 751.70K | +403.18K (+115.7%) | Added | |
SHELShell plc
|
0.49% | $118.34M | 1.53M | +1.21M (+388.9%) | Added |
SESea Ltd
|
0.47% | $115.43M | 1.20M | -133.56K (-10.0%) | Reduced |
ISHARES TRIBOXX INV CP ETF
|
0.47% | $114.58M | 1.05M | +28.80K (+2.8%) | Added |
| 0.47% | $114.36M | 513.42K | -105.11K (-17.0%) | Reduced | |
| 0.47% | $113.65M | 946.11K | +169.03K (+21.8%) | Added | |
| 0.45% | $110.12M | 172.41K | -76.62K (-30.8%) | Reduced | |
ISHARES INCCORE MSCI EMKT
|
0.45% | $110.03M | 1.33M | -14.67K (-1.1%) | Reduced |
| 0.43% | $105.99M | 2.23M | -145.26K (-6.1%) | Reduced | |
PETROLEO BRASILEIRO S ASPONSORED ADR
|
0.43% | $105.44M | 6.52M | +5.37M (+466.9%) | Added |
| 0.43% | $105.44M | 364.38K | -199.12K (-35.3%) | Reduced | |
| 0.43% | $104.38M | 87.02K | +16.21K (+22.9%) | Added | |
| 0.41% | $99.76M | 5.93M | +5.91M (+24078.8%) | Added | |
| 0.41% | $98.98M | 328.07K | -758.67K (-69.8%) adj. for 10-for-1 split |
Reduced | |
| 0.39% | $96.14M | 48.51K | -37.96K (-43.9%) | Reduced | |
| 0.39% | $94.82M | 337.40K | +74.62K (+28.4%) | Added | |
| 0.39% | $94.69M | 1.15M | +203.27K (+21.6%) | Added | |
| 0.38% | $91.92M | 1.23M | +1.09M (+777.1%) | Added | |
ISHARES INCMSCI EMRG CHN
|
0.37% | $90.08M | 880.52K | -191.76K (-17.9%) | Reduced |
| 0.37% | $89.29M | 349.22K | +271.94K (+351.9%) | Added | |
| 0.36% | $86.85M | 378.49K | -59.59K (-13.6%) | Reduced | |
| 0.35% | $86.37M | 1.20M | +1.20M | New | |
| 0.35% | $86.03M | 426.72K | +90.54K (+26.9%) | Added | |
| 0.33% | $80.71M | 203.21K | +148.13K (+269.0%) | Added | |
| 0.33% | $79.23M | 203.20K | +29.40K (+16.9%) | Added | |
| 0.32% | $78.96M | 539.44K | +219.10K (+68.4%) | Added | |
| 0.31% | $75.53M | 146.60K | +146.60K | New | |
| 0.30% | $74.23M | 285.00K | +151.00K (+112.7%) | Added | |
| 0.30% | $73.15M | 522.67K | -270.75K (-34.1%) | Reduced | |
| 0.29% | $69.98M | 539.43K | +526.86K (+4190.7%) | Added | |
| 0.28% | $68.99M | 623.64K | +623.64K | New | |
| 0.28% | $67.74M | 1.22M | -161.16K (-11.7%) | Reduced | |
| 0.28% | $67.05M | 1.41M | +1.41M | New | |
| 0.27% | $65.63M | 989.84K | +739.05K (+294.7%) | Added | |
| 0.26% | $63.08M | 635.38K | +635.38K | New | |
| 0.26% | $62.24M | 1.34M | +594.09K (+79.8%) | Added | |
| 0.25% | $62.01M | 110.08K | -181.58K (-62.3%) | Reduced | |
| 0.25% | $60.32M | 111.33K | +157 (+0.1%) | Added | |
| 0.24% | $59.41M | 847.86K | +134.22K (+18.8%) | Added | |
| 0.24% | $58.19M | 605.39K | -165.38K (-21.5%) | Reduced | |
| 0.24% | $58.16M | 1.02M | -22.22K (-2.1%) | Reduced | |
| 0.23% | $55.96M | 442.10K | +442.10K | New | |
| 0.22% | $54.83M | 1.04M | +671.35K (+181.5%) | Added | |
| 0.22% | $53.99M | 1.59M | +1.56M (+5441.4%) | Added | |
| 0.22% | $53.97M | 181.18K | -1.77M (-90.7%) | Reduced | |
AUAngloGold Ashanti PLC
|
0.22% | $53.84M | 665.56K | +68.25K (+11.4%) | Added |
| 0.22% | $53.74M | 1.08M | +347.07K (+47.4%) | Added | |
| 0.22% | $53.39M | 1.47M | +1.04M (+245.1%) | Added | |
| 0.22% | $53.16M | 70.36K | +2.98K (+4.4%) | Added | |
| 0.22% | $52.98M | 1.51M | +1.34M (+793.4%) | Added | |
| 0.22% | $52.60M | 1.02M | +322.58K (+46.1%) | Added | |
| 0.22% | $52.59M | 621.52K | -5.01K (-0.8%) | Reduced | |
| 0.21% | $50.90M | 998.76K | +998.76K | New | |
| 0.20% | $49.57M | 101.04K | -42.81K (-29.8%) | Reduced | |
CRDOCredo Technology Group Holding Ltd
|
0.20% | $48.68M | 179.00K | -849.21K (-82.6%) | Reduced |
INSMINSMED Inc
|
0.20% | $48.55M | 455.39K | +159.81K (+54.1%) | Added |
SBSWSibanye Stillwater Ltd
|
0.20% | $48.32M | 5.69M | +1.27M (+28.6%) | Added |
| 0.20% | $47.72M | 98.63K | -240.32K (-70.9%) | Reduced | |
| 0.19% | $47.04M | 1.44M | +1.44M | New | |
| 0.19% | $46.69M | 121.51K | -144.59K (-54.3%) | Reduced | |
BPOPPOPULAR, INC.
|
0.19% | $45.68M | 278.21K | -39.01K (-12.3%) | Reduced |
| 0.19% | $45.62M | 440.97K | -177.46K (-28.7%) | Reduced | |
TEVATEVA PHARMACEUTICAL INDUSTRIES LTD
|
0.18% | $44.95M | 1.33M | +198.27K (+17.6%) | Added |
| 0.18% | $44.68M | 257.43K | +188.62K (+274.1%) | Added | |
| 0.18% | $43.99M | 302.72K | +110.78K (+57.7%) | Added | |
| 0.18% | $43.20M | 254.28K | -1.08M (-80.9%) | Reduced | |
| 0.17% | $41.88M | 1.63M | +1.83K (+0.1%) | Added | |
| 0.17% | $41.51M | 980.46K | +545.63K (+125.5%) | Added | |
| 0.17% | $41.40M | 623.46K | -26.31K (-4.0%) | Reduced | |
| 0.17% | $41.21M | 242.97K | -18.22K (-7.0%) | Reduced | |
| 0.17% | $40.92M | 591.36K | -133.47K (-18.4%) | Reduced | |
| 0.17% | $40.84M | 447.89K | +447.89K | New | |
| 0.17% | $40.60M | 277.94K | -310.57K (-52.8%) | Reduced | |
| 0.16% | $39.84M | 151.33K | +136.88K (+947.8%) | Added |
Showing the 100 largest of 997 positions, 72.0% of the reported value. The remaining 897 positions are each smaller than 0.16% of the portfolio.
What Ray Dalio bought and sold in Q2 2026
by number of shares, vs. the 13F for Q1 2026New positions (214)
| Stock | Shares | Value | % of portfolio |
|---|---|---|---|
| 1.20M | $86.37M | 0.35% | |
| 146.60K | $75.53M | 0.31% | |
| 623.64K | $68.99M | 0.28% | |
| 1.41M | $67.05M | 0.28% | |
| 635.38K | $63.08M | 0.26% | |
| 442.10K | $55.96M | 0.23% | |
| 998.76K | $50.90M | 0.21% | |
| 1.44M | $47.04M | 0.19% | |
| 447.89K | $40.84M | 0.17% | |
| 108.69K | $32.06M | 0.13% | |
| 735.17K | $30.38M | 0.12% | |
| 216.22K | $29.56M | 0.12% | |
| 145.54K | $29.20M | 0.12% | |
| 1.52M | $27.93M | 0.11% | |
| 471.95K | $21.83M | 0.09% | |
| 251.79K | $20.80M | 0.09% | |
| 243.05K | $20.58M | 0.08% | |
XPXP Inc.
| 1.26M | $20.42M | 0.08% |
| 47.90K | $19.96M | 0.08% | |
| 381.11K | $18.12M | 0.07% | |
| 328.45K | $17.46M | 0.07% | |
RKTRocket Companies, Inc.
| 1.02M | $16.13M | 0.07% |
YPFYPF SOCIEDAD ANONIMA
| 331.41K | $15.07M | 0.06% |
| 83.03K | $14.91M | 0.06% | |
| 90.12K | $14.62M | 0.06% |
Plus 189 smaller new positions in the full holdings table.
Sold out (210)
| Stock | Shares sold | Value in Q1 2026 | Was % of portfolio |
|---|---|---|---|
| −822.89K | $63.85M | 0.28% | |
ASXASE Technology Holding Co., Ltd.
| −1.55M | $33.56M | 0.15% |
| −364.02K | $28.20M | 0.13% | |
| −136.17K | $19.48M | 0.09% | |
BNBROOKFIELD Corp
| −477.45K | $19.29M | 0.09% |
AAOIAPPLIED OPTOELECTRONICS, INC.
| −223.94K | $18.94M | 0.08% |
| −128.19K | $18.75M | 0.08% | |
| −157.06K | $16.30M | 0.07% | |
SLFSUN LIFE FINANCIAL INC
| −250.63K | $15.65M | 0.07% |
| −241.69K | $14.66M | 0.07% | |
| −159.91K | $14.39M | 0.06% | |
| −92.89K | $12.73M | 0.06% | |
| −97.55K | $12.27M | 0.05% | |
| −660.54K | $12.11M | 0.05% | |
HUTHut 8 Corp.
| −245.66K | $11.52M | 0.05% |
| −48.85K | $9.69M | 0.04% | |
| −173.53K | $8.95M | 0.04% | |
| −77.61K | $7.46M | 0.03% | |
| −19.54K | $6.99M | 0.03% | |
| −35.96K | $6.85M | 0.03% | |
CNACNA FINANCIAL CORP
| −145.74K | $6.69M | 0.03% |
| −11.92K | $6.54M | 0.03% | |
SUN CTRY AIRLS HLDGS INCCOM
| −384.33K | $6.35M | 0.03% |
| −132.78K | $6.30M | 0.03% | |
BRBRBELLRING BRANDS, INC.
| −391.09K | $6.29M | 0.03% |
Plus 185 smaller positions sold out.
Added to (399)
| Stock | Shares added | Change | % of portfolio |
|---|---|---|---|
| +955.45K | +21.9% | 16.30% | |
ISHARES TRCORE S&P500 ETF
| +323.20K | +12.1% | 9.22% |
VANGUARD INDEX FDSS&P 500 ETF SHS
| +299.75K | +189.0% | 1.29% |
| +5.91M | +24078.8% | 0.41% | |
SHELShell plc
| +1.21M | +388.9% | 0.49% |
PETROLEO BRASILEIRO S ASPONSORED ADR
| +5.37M | +466.9% | 0.43% |
| +1.09M | +777.1% | 0.38% | |
| +271.94K | +351.9% | 0.37% | |
| +526.86K | +4190.7% | 0.29% | |
| +403.18K | +115.7% | 0.49% | |
| +148.13K | +269.0% | 0.33% | |
| +1.56M | +5441.4% | 0.22% | |
| +739.05K | +294.7% | 0.27% | |
| +1.34M | +793.4% | 0.22% | |
| +151.00K | +112.7% | 0.30% | |
| +1.04M | +245.1% | 0.22% | |
RIGTransocean Ltd.
| +7.54M | +1803.0% | 0.16% |
| +136.88K | +947.8% | 0.16% | |
| +378.53K | +16.3% | 1.03% | |
| +671.35K | +181.5% | 0.22% | |
| +292.02K | +1225.1% | 0.16% | |
| +58.25K | +1169.7% | 0.15% | |
| +51.38K | +807.7% | 0.15% | |
| +188.62K | +274.1% | 0.18% | |
| +1.76M | +964.3% | 0.15% |
Plus 374 smaller additions.
Reduced (378)
| Stock | Shares sold | Change | % of portfolio |
|---|---|---|---|
| -1.36M | -92.1% | 0.55% | |
| -2.36M | -53.9% | 1.98% | |
| -1.77M | -90.7% | 0.22% | |
TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
| -1.04M | -96.8% | 0.07% |
| -754.13K | -58.3% | 1.28% | |
| -312.13K | -71.8% | 0.59% | |
| -749.95K | -99.9% | <0.01% | |
| -633.00K | -40.3% | 1.67% | |
| -675.50K | -33.8% | 1.94% | |
CRDOCredo Technology Group Holding Ltd
| -849.21K | -82.6% | 0.20% |
| -758.67K | -69.8% adj. for 10-for-1 split | 0.41% | |
| -588.44K | -99.2% | <0.01% | |
| -517.46K | -28.2% | 2.04% | |
| -268.49K | -48.0% | 0.86% | |
| -1.08M | -80.9% | 0.18% | |
| -826.81K | -17.6% | 3.17% | |
| -373.08K | -34.4% | 1.09% | |
| -1.57M | -99.5% | <0.01% | |
| -129.29K | -39.3% | 0.79% | |
| -358.69K | -83.5% | 0.10% | |
TSEMTOWER SEMICONDUCTOR LTD
| -454.79K | -98.3% | <0.01% |
| -240.32K | -70.9% | 0.20% | |
| -312.80K | -80.8% | 0.11% | |
| -181.58K | -62.3% | 0.25% | |
| -249.38K | -71.6% | 0.15% |
Plus 353 smaller reductions.
Changes compare share counts in the two filings, so they show net buying or selling over the quarter, not individual trades or prices paid.
How to read a 13F. Investment managers file Form 13F within 45 days after each quarter ends, so these holdings show Bridgewater Associates' positions on June 30, 2026; it may have bought or sold since. The report covers only long positions in US-listed stocks, ETFs, certain convertible bonds and listed options. Short sales, cash, most bonds, private companies and shares traded only outside the US are left out, so a 13F is a partial and delayed view. Percentages are each position's share of the total value reported in the filing, not of the firm's total assets.
Filings behind this page
EDGAR ↗- 13F-HR Q2 2026 · filed Aug 14, 2026 by Bridgewater Associates, LP0001350694-26-000003 ↗
- 13F-HR Q1 2026 · filed May 15, 2026 by Bridgewater Associates, LP0001350694-26-000002 ↗
Frequently asked questions
What is Ray Dalio's largest holding?
As of June 30, 2026, the largest position in Bridgewater Associates' 13F is SPDR S&P 500 ETF TRUST (SPY), at 16.3% of the reported portfolio and worth $3.97B. The top 10 positions add up to 40.0% of the $24.38B reported.
What did Ray Dalio buy and sell in Q2 2026?
Compared with Q1 2026, the Q2 2026 13F shows 214 new positions (largest: Eversource Energy, AppLovin, Consolidated Edison), 399 positions increased, 378 reduced and 210 sold out (largest: Cisco, ASE Technology Holding Co., Ltd., CoreWeave). Changes are measured in shares between the two quarter-end reports.
How current is this portfolio?
Bridgewater Associates' latest 13F was filed on August 14, 2026 and shows holdings as of June 30, 2026. Managers have 45 days after each quarter ends to file, and the next report is due about 45 days after the following quarter end, so positions can be several months old by the time you read them.
Does the 13F show everything Ray Dalio owns?
No. Form 13F covers long positions in US-listed stocks, ETFs and listed options. Short positions, cash, bonds, private investments and most shares listed only outside the US are not reported, so the 13F is a partial view of the portfolio.
Source: SEC Form 13F filings (Bridgewater Associates, LP, CIK 1350694), as reported by the manager; tickers matched to issuer names by Flash Finance US. Not investment advice.