R

Ray Dalio

Hedge fund

Founder of Bridgewater Associates, the world's largest hedge fund.

Ray Dalio runs Bridgewater Associates, LP, a focused book of 993 stocks worth $22.4B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Taiwan Semiconductor-SP ADR and trimmed SS SPDR S&P 500 ETF Trust-US. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 13% of the equity book. Cloning the disclosed picks since 2016 would be +212% (+11.6%/yr). That is a simulation of the disclosed long book, not audited returns.

Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Build

Build on this investor portfolio

The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.

Opened
215
new positions
Added to
291
existing
Trimmed
487
reduced
Sold out
261
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+212.1%
+11.6%/yr · since Feb '16
Their reported book
+204.2%
held from quarter-end
S&P 500
+377.2%
same window
$10K$20K$29K$39K$48KFeb '16Mar '18Apr '20May '22Jun '24Jun '26
Ray Dalio, Bridgewater Associates, LP (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 7.9 points over this window.

Growth of $10,000 cloning Ray Dalio, Bridgewater Associates, LP's disclosed long 13F book, rebalanced on each filing date (so it reflects the ~45-day reporting lag, no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: focused book

Top 5 holdings
31%
Top 10 holdings
41%
Top 20 holdings
50%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

75% mapped to company sectors

Information Technology
34%
ETF / fund or unclassified
25%
Industrials
9%
Consumer Discretionary
7%
Financials
7%
Materials
6%
Health Care
5%
Utilities
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Top holdings

993 companies · Q1 2026

Top 25
#Stock% of bookValueSharesLast move
1SS SPDR S&P 500 ETF Trust-USSPY
12.7%
$2.8B4.4M
−2.0%
Reduced · −91K sh
2Ishares Core S&P 500 ETFIVV
7.8%
$1.8B2.7M
−36%
Reduced · −1.5M sh
3Amazon.com IncAMZN
4.1%
$914.0M4.4M
+125%
Added · +2.4M sh
4Nvidia CorpNVDA
3.7%
$818.5M4.7M
+21%
Added · +828K sh
5Alphabet Inc-CL AGOOGL
2.6%
$574.5M2.0M
+26%
Added · +407K sh
6Broadcom IncAVGO
2.5%
$568.1M1.8M
+57%
Added · +670K sh
7Micron Technology IncMU
2.2%
$498.6M1.5M
+66%
Added · +586K sh
8Microsoft CorpMSFT
1.8%
$401.6M1.1M
+10%
Added · +101K sh
9Ge Vernova IncGEV
1.7%
$379.6M435K
−35%
Reduced · −231K sh
10Taiwan Semiconductor-SP ADRTSM
1.6%
$364.0M1.1M
New
+1.1M sh
11Lam Research CorpLRCX
1.5%
$335.7M1.6M
−48%
Reduced · −1.5M sh
12Advanced Micro DevicesAMD
1.2%
$263.0M1.3M
−22%
Reduced · −364K sh
13Newmont CorpNEM
1.1%
$250.8M2.3M
+0.3%
Added · +8K sh
14Oracle CorpORCL
1.0%
$234.2M1.6M
−15%
Reduced · −281K sh
15Ishares Msci South Korea ETFEWY
1.0%
$217.3M1.8M
−15%
Reduced · −306K sh
16Marvell Technology IncMRVL
0.9%
$193.0M1.9M
+97%
Added · +962K sh
17Applied Materials IncAMAT
0.9%
$191.4M560K
+17%
Added · +82K sh
18Johnson & JohnsonJNJ
0.8%
$170.3M697K
−47%
Reduced · −617K sh
19Meta Platforms Inc-Class AMETA
0.7%
$166.9M292K
+30%
Added · +68K sh
20Arista Networks IncANET
0.7%
$163.3M1.3M
~0%
Added · +649 sh
21Kla CorpKLAC
0.7%
$160.0M109K
+39%
Added · +30K sh
22Celestica IncCLS
0.7%
$148.1M526K
+54%
Added · +184K sh
23Vanguard Ftse Emerging MarkeVWO
0.7%
$147.1M2.7M
+4.5%
Added · +117K sh
24Apple IncAAPL
0.6%
$143.0M563K
+95%
Added · +274K sh
25Union Pacific CorpUNP
0.6%
$129.3M533K
+878%
Added · +478K sh

Funds

1 vehicle

Fund
Long book

Aggregated from SEC Form 13F filings (institutional long equity positions, reported quarterly ~45 days after quarter-end). Holdings are public domain, sourced to SEC EDGAR. The book totals, weighting, concentration and sectors are long equity only; disclosed put/call options are listed separately and excluded from those figures. The performance line is a simulation of the disclosed long book, not an audited fund return. Every panel is one call to the Arkolith API & MCP server.