Great investors · Ray Dalio
Ray Dalio portfolio · Q2 2026
Ray Dalio, founder of Bridgewater Associates. This is the stock portfolio Bridgewater Associates reported to the SEC (Form 13F) as of Jun 30, 2026, filed on Aug 14, 2026.
The 13F is filed by the firm, not the person: when this page says what Ray Dalio “owns” or “bought”, it means the positions of Bridgewater Associates as a whole. With 997 positions, it is the sum of many teams and strategies (and, where options are reported, of hedges and market-making): it is not a portfolio picked by one person.
Next 13F: Q3 2026 usually filed ~Nov 13, 2026; deadline Nov 16, 2026. See the quarter page →
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%; more than 20% is ETFs. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
What stocks does Ray Dalio own?
The largest positions of Bridgewater Associates in Q2 2026 are SPY, IVV, NVDA, AVGO, AMZN.
- 1State Str Spdr S&P 500 ETF TSPYIncreased16.3%
- 2iShares Core S&P 500 ETFIVVIncreased9.2%
- 3NVIDIANVDAReduced3.2%
- 4BroadcomAVGOReduced2.0%
- 5Amazon.comAMZNReduced2.0%
- 6AlphabetGOOGLReduced1.9%
- 7Lam ResearchLRCXReduced1.7%
- 8Vanguard S&P 500 ETFVOOIncreased1.3%
- 9Advanced Micro DevicesAMDReduced1.3%
- 10IsharesEWYReduced1.1%
Where there are two tickers (e.g. GOOGL · GOOG) they are two share classes of the same company and the weight is the sum: that is why there are 996 rows here and the 13F has 997 positions.
What did Ray Dalio buy in Q2 2026?
- IncreasedState Str Spdr S&P 500 ETF TSPY+22% shares · 16.3% of portfolio
- IncreasediShares Core S&P 500 ETFIVV+12% shares · 9.2% of portfolio
- IncreasedVanguard S&P 500 ETFVOO+189% shares · 1.3% of portfolio
- IncreasedPg&ePCG+24,079% shares · 0.4% of portfolio
- IncreasedShellSHEL+389% shares · 0.5% of portfolio
- IncreasedPetrobras - Petroleo BrasileiroPBR+467% shares · 0.4% of portfolio
- NewEversource EnergyES0.4% of portfolio
- IncreasedEdison InternationalEIX+777% shares · 0.4% of portfolio
What did Ray Dalio sell in Q2 2026?
- ReducedAmazon.comAMZN−54% shares · 2.0% of portfolio
- ReducedMicron TechnologyMU−92% shares · 0.6% of portfolio
- ReducedGE VernovaGEV−72% shares · 0.6% of portfolio
- ReducedTaiwan Semiconductor ManufacturingTSM−97% shares · 0.1% of portfolio
- ReducedLam ResearchLRCX−40% shares · 1.7% of portfolio
- ReducedAdvanced Micro DevicesAMD−58% shares · 1.3% of portfolio
- ReducedAlphabetGOOGL−34% shares · 1.9% of portfolio
- ReducedBroadcomAVGO−28% shares · 2.0% of portfolio
51 positions opened or added to and 248 trimmed or closed, against the previous quarter's 13F. Each is measured the same way across the page: how much the share count changed and its weight in the portfolio today (share classes of the same company added together). The 13F has 1178 positions with a change, 18 of them material (0.5 points of the portfolio or more). The largest full exits are listed (200 of 202), even those that moved less than 0.5 points of the portfolio.
Source: SEC 13F filings show the portfolio at quarter end and are filed up to 45 days later: positions may have changed. They only cover U.S.-listed stocks and some others; no short positions or cash. Not investment advice.