Ray Dalio's portfolio
Ray Dalio's Bridgewater Associates portfolio: $24.4B across 997 stocks as of Q2 2026. Top holdings SPY, IVV, NVDA, GOOGL, AVGO. Latest buys and sells from the 13F filed Aug 14, 2026.
Top holdings
| Stock | % of portfolio | Value | Shares | Change |
|---|---|---|---|---|
| SPY STATE STR SPDR S&P 500 ETF T | 16.3% | $4.0B | 5.3M | Added |
| IVV ISHARES TR | 9.2% | $2.2B | 3.0M | Added |
| NVDA NVIDIA CORPORATION | 3.2% | $773.6M | 3.9M | Trimmed |
| GOOGL ALPHABET INC | 2.0% | $498.7M | 1.4M | Trimmed |
| AVGO BROADCOM INC | 2.0% | $497.8M | 1.3M | Trimmed |
| AMZN AMAZON COM INC | 2.0% | $482.8M | 2.0M | Trimmed |
| LRCX LAM RESEARCH CORP | 1.7% | $406.6M | 938,224 | Trimmed |
| VOO VANGUARD INDEX FDS | 1.3% | $314.8M | 458,381 | Added |
| AMD ADVANCED MICRO DEVICES INC | 1.3% | $312.9M | 538,632 | Trimmed |
| EWY ISHARES INC | 1.1% | $279.6M | 1.4M | Trimmed |
| MSFT MICROSOFT CORP | 1.1% | $265.6M | 711,896 | Trimmed |
| NEM NEWMONT CORP | 1.0% | $251.7M | 2.7M | Added |
| AMAT APPLIED MATLS INC | 0.9% | $210.7M | 291,426 | Trimmed |
| ORCL ORACLE CORP | 0.9% | $210.0M | 1.4M | Trimmed |
| SEAGATE TECHNOLOGY HLDNGS PL | 0.8% | $192.8M | 199,822 | Trimmed |
| JNJ JOHNSON & JOHNSON | 0.7% | $169.9M | 669,135 | Trimmed |
| VWO VANGUARD INTL EQUITY INDEX F | 0.7% | $164.0M | 2.7M | Added |
| GEV GE VERNOVA INC | 0.6% | $144.2M | 122,768 | Trimmed |
| UNP UNION PAC CORP | 0.6% | $139.9M | 514,266 | Trimmed |
| MU MICRON TECHNOLOGY INC | 0.6% | $134.7M | 116,666 | Trimmed |
| MBB ISHARES TR | 0.5% | $131.1M | 1.4M | Added |
| MO ALTRIA GROUP INC | 0.5% | $124.3M | 1.7M | Added |
| APH AMPHENOL CORP | 0.5% | $123.0M | 697,612 | Trimmed |
| ASML HLDG NV | 0.5% | $122.7M | 61,675 | Trimmed |
| B BARRICK MNG CORP | 0.5% | $121.4M | 3.3M | Added |
| CLS CELESTICA INC | 0.5% | $120.6M | 330,689 | Trimmed |
| VST VISTRA CORP | 0.5% | $119.2M | 751,695 | Added |
| SHEL SHELL PLC | 0.5% | $118.3M | 1.5M | Added |
| SE SEA LTD | 0.5% | $115.4M | 1.2M | Trimmed |
| LQD ISHARES TR | 0.5% | $114.6M | 1.1M | Added |
| NUE NUCOR CORP | 0.5% | $114.4M | 513,423 | Trimmed |
| PCAR PACCAR INC | 0.5% | $113.6M | 946,107 | Added |
| WDC WESTERN DIGITAL CORP | 0.5% | $110.1M | 172,415 | Trimmed |
| IEMG ISHARES INC | 0.5% | $110.0M | 1.3M | Trimmed |
| CSX CSX CORP | 0.4% | $106.0M | 2.2M | Trimmed |
| PBR PETROLEO BRASILEIRO S A | 0.4% | $105.4M | 6.5M | Added |
| AAPL APPLE INC | 0.4% | $105.4M | 364,377 | Trimmed |
| LLY ELI LILLY & CO | 0.4% | $104.4M | 87,023 | Added |
| PCG PG&E CORP | 0.4% | $99.8M | 5.9M | Added |
| KLAC KLA CORP | 0.4% | $99.0M | 328,070 | Added |
Biggest buys (Q2 2026)
| Stock | Action | Trade value | Shares now | Weight |
|---|---|---|---|---|
| SPY STATE STR SPDR S&P 500 ETF T | Added | $713.5M | 5.3M | 16.3% |
| IVV ISHARES TR | Added | $242.0M | 3.0M | 9.2% |
| VOO VANGUARD INDEX FDS | Added | $205.9M | 458,381 | 1.3% |
| PCG PG&E CORP | Added | $99.4M | 5.9M | 0.4% |
| SHEL SHELL PLC | Added | $94.1M | 1.5M | 0.5% |
| PBR PETROLEO BRASILEIRO S A | Added | $86.8M | 6.5M | 0.4% |
| ES EVERSOURCE ENERGY | New | $86.4M | 1.2M | 0.4% |
| EIX EDISON INTL | Added | $81.4M | 1.2M | 0.4% |
| APP APPLOVIN CORP | New | $75.5M | 146,602 | 0.3% |
| MPC MARATHON PETE CORP | Added | $69.5M | 349,224 | 0.4% |
| ED CONSOLIDATED EDISON INC | New | $69.0M | 623,641 | 0.3% |
| EOG EOG RES INC | Added | $68.3M | 539,429 | 0.3% |
| NI NISOURCE INC | New | $67.0M | 1.4M | 0.3% |
| KLAC KLA CORP | Added | $66.2M | 328,070 | 0.4% |
| VST VISTRA CORP | Added | $64.0M | 751,695 | 0.5% |
| NOW SERVICENOW INC | New | $63.1M | 635,381 | 0.3% |
| ADI ANALOG DEVICES INC | Added | $58.8M | 203,208 | 0.3% |
| DUK DUKE ENERGY CORP NEW | New | $56.0M | 442,098 | 0.2% |
| HAL HALLIBURTON CO | Added | $53.0M | 1.6M | 0.2% |
| NTNX NUTANIX INC | New | $50.9M | 998,761 | 0.2% |
| TECHNIPFMC PLC | Added | $49.0M | 989,841 | 0.3% |
| AR ANTERO RESOURCES CORP | Added | $47.0M | 1.5M | 0.2% |
| APA APA CORPORATION | New | $47.0M | 1.4M | 0.2% |
| EXE EXPAND ENERGY CORPORATION | New | $40.8M | 447,886 | 0.2% |
| VLO VALERO ENERGY CORP | Added | $39.3M | 285,001 | 0.3% |
| PPL PPL CORP | Added | $37.9M | 1.5M | 0.2% |
| TRANSOCEAN LTD | Added | $36.9M | 8.0M | 0.2% |
| ZBRA ZEBRA TECHNOLOGIES CORPORATI | Added | $36.0M | 151,328 | 0.2% |
| NEM NEWMONT CORP | Added | $35.4M | 2.7M | 1.0% |
| OVV OVINTIV INC | Added | $35.3M | 1.0M | 0.2% |
| DLTR DOLLAR TREE INC | Added | $35.3M | 315,855 | 0.2% |
| LII LENNOX INTL INC | Added | $33.4M | 63,229 | 0.1% |
| RBC RBC BEARINGS INC | Added | $33.1M | 57,741 | 0.2% |
| RDDT REDDIT INC | Added | $32.7M | 257,428 | 0.2% |
| NOV NOV INC | Added | $32.7M | 1.9M | 0.1% |
| TPR TAPESTRY INC | Added | $32.1M | 539,444 | 0.3% |
| VMC VULCAN MATLS CO | New | $32.1M | 108,687 | 0.1% |
| DVN DEVON ENERGY CORP NEW | New | $30.4M | 735,174 | 0.1% |
| NXP SEMICONDUCTORS N V | Added | $21.0M | 337,405 | 0.4% |
| PCAR PACCAR INC | Added | $20.3M | 946,107 | 0.5% |
Biggest sells (Q2 2026)
| Stock | Action | Trade value | Shares now | Weight |
|---|---|---|---|---|
| MU MICRON TECHNOLOGY INC | Trimmed | $1.6B | 116,666 | 0.6% |
| AMZN AMAZON COM INC | Trimmed | $563.3M | 2.0M | 2.0% |
| MRVL MARVELL TECHNOLOGY INC | Trimmed | $526.6M | 181,176 | 0.2% |
| TSM TAIWAN SEMICONDUCTOR MANUFAC | Trimmed | $497.9M | 34,525 | 0.1% |
| AMD ADVANCED MICRO DEVICES INC | Trimmed | $438.1M | 538,632 | 1.3% |
| GEV GE VERNOVA INC | Trimmed | $366.7M | 122,768 | 0.6% |
| ALAB ASTERA LABS INC | Trimmed | $362.2M | 992 | 0.0% |
| GOOGL ALPHABET INC | Trimmed | $351.9M | 1.4M | 2.0% |
| LRCX LAM RESEARCH CORP | Trimmed | $274.3M | 938,224 | 1.7% |
| CREDO TECHNOLOGY GROUP HOLDI | Trimmed | $230.9M | 178,996 | 0.2% |
| ARM ARM HOLDINGS PLC | Trimmed | $208.6M | 4,924 | 0.0% |
| AVGO BROADCOM INC | Trimmed | $195.5M | 1.3M | 2.0% |
| AMAT APPLIED MATLS INC | Trimmed | $194.1M | 291,426 | 0.9% |
| ANET ARISTA NETWORKS INC | Trimmed | $182.8M | 254,275 | 0.2% |
| NVDA NVIDIA CORPORATION | Trimmed | $165.4M | 3.9M | 3.2% |
| MSFT MICROSOFT CORP | Trimmed | $139.2M | 711,896 | 1.1% |
| AMKR AMKOR TECHNOLOGY INC | Trimmed | $135.7M | 7,145 | 0.0% |
| SEAGATE TECHNOLOGY HLDNGS PL | Trimmed | $124.8M | 199,822 | 0.8% |
| VRT VERTIV HOLDINGS CO | Trimmed | $120.1M | 71,078 | 0.1% |
| TOWER SEMICONDUCTOR LTD | Trimmed | $118.5M | 7,933 | 0.0% |
| TER TERADYNE INC | Trimmed | $116.3M | 98,627 | 0.2% |
| META META PLATFORMS INC | Trimmed | $102.3M | 110,083 | 0.3% |
| ONTO ONTO INNOVATION INC | Trimmed | $94.4M | 99,020 | 0.2% |
| DELL DELL TECHNOLOGIES INC | Trimmed | $91.1M | 12,230 | 0.0% |
| CAT CATERPILLAR INC | Trimmed | $80.1M | 7,329 | 0.0% |
| EWY ISHARES INC | Trimmed | $77.0M | 1.4M | 1.1% |
| FIX COMFORT SYS USA INC | Trimmed | $75.2M | 48,506 | 0.4% |
| SNPS SYNOPSYS INC | Trimmed | $75.0M | 40,180 | 0.1% |
| CLS CELESTICA INC | Trimmed | $71.1M | 330,689 | 0.5% |
| HPE HEWLETT PACKARD ENTERPRISE C | Trimmed | $63.1M | 78,658 | 0.0% |
| ASML HLDG NV | Trimmed | $60.7M | 61,675 | 0.5% |
| COHR COHERENT CORP | Trimmed | $58.4M | 15,206 | 0.0% |
| MFC MANULIFE FINL CORP | Trimmed | $57.9M | 684,949 | 0.1% |
| AAPL APPLE INC | Trimmed | $57.6M | 364,377 | 0.4% |
| TLN TALEN ENERGY CORP | Trimmed | $55.6M | 121,506 | 0.2% |
| WDC WESTERN DIGITAL CORP | Trimmed | $48.9M | 172,415 | 0.5% |
| CEG CONSTELLATION ENERGY CORP | Trimmed | $45.5M | 23,123 | 0.0% |
| NRG NRG ENERGY INC | Trimmed | $45.4M | 277,935 | 0.2% |
| CI THE CIGNA GROUP | Trimmed | $38.8M | 87,905 | 0.1% |
| C CITIGROUP INC | Trimmed | $37.9M | 522,666 | 0.3% |
Source: SEC Form 13F-HR for the quarter ending June 30, 2026, filed August 14, 2026; compared with Q1 2026. Long US equity positions only.
Frequently asked questions
What does Ray Dalio own?
As of Q2 2026, Bridgewater Associates's largest holdings are SPY (16.3%), IVV (9.2%), NVDA (3.2%), GOOGL (2.0%), AVGO (2.0%). The top 10 positions make up 40% of the $24.4B portfolio.
What did Ray Dalio buy last quarter?
In Q2 2026, Bridgewater Associates's largest purchases were SPY (added, $713.5M), IVV (added, $242.0M), VOO (added, $205.9M), PCG (added, $99.4M).
What did Ray Dalio sell last quarter?
Bridgewater Associates's largest sales in Q2 2026 were MU (trimmed, $1.6B), AMZN (trimmed, $563.3M), MRVL (trimmed, $526.6M), TSM (trimmed, $497.9M).
When is Ray Dalio's next 13F filing?
13F reports are due 45 days after each quarter ends. The latest filing, for Q2 2026, was filed on August 14, 2026.