Ray Dalio
Bridgewater Associates, LP · Investor
1Y performance ⓘ
+20%
AUM (13F)
$22.4B
# of Holdings
991
3Y performance ⓘ
+63%
vs S&P 500 ⓘ
−16%
Updated
Mar 31
Ray Dalio's Bridgewater Associates, LP holds 991 U.S.-equity positions worth $22.4B (SEC 13F, Q1 2026). Top positions: State Str Spdr S&p 500 Etf T 12.7%, Ishares Tr 7.8%, Amazon.Com Inc 4.1%. 13F-replication return is +63% over 3 years (-16 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| SPY State Str Spdr S&p 500 Etf T | 12.7% | 4.4M | $2.8B | ▼ 2.0% (−91K) | $617.83 | $764.26 (+24%) | 2026-03-31 |
| IVV Ishares Tr | 7.8% | 2.7M | $1.8B | ▼ 36% (−1.5M) | $546.13 | $767.54 (+41%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 4.1% | 4.4M | $914M | ▲ 125% (+2.4M) | $207.51 | $249.66 (+20%) | 2026-03-31 |
| NVDA NVIDIA CORP | 3.6% | 4.7M | $818M | ▲ 21% (+828K) | $151.54 | $230.82 (+52%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 2.6% | 2.0M | $574M | ▲ 26% (+407K) | $181.53 | $344.90 (+90%) | 2026-03-31 |
| AVGO Broadcom Inc. Common Stock | 2.5% | 1.8M | $568M | ▲ 57% (+670K) | $259.11 | $352.10 (+36%) | 2026-03-31 |
| MU Micron Technology, Inc. | 2.2% | 1.5M | $499M | ▲ 66% (+586K) | $306.02 | $1,062.39 (+247%) | 2026-03-31 |
| MSFT MICROSOFT CORP | 1.8% | 1.1M | $402M | ▲ 10% (+101K) | $445.20 | $519.35 (+17%) | 2026-03-31 |
| GEV GE Vernova Inc. | 1.7% | 435K | $380M | ▼ 35% (−231K) | $357.60 | $953.30 (+167%) | 2026-03-31 |
| TSM Taiwan Semiconductor Manufac | 1.6% | 1.1M | $364M | NEW (+1.1M) | $324.61 | $456.19 (+41%) | 2026-03-31 |
| LRCX Lam Research Corp | 1.5% | 1.6M | $336M | ▼ 48% (−1.5M) | $104.72 | $339.09 (+224%) | 2026-03-31 |
| AMD Advanced Micro Devices | 1.2% | 1.3M | $263M | ▼ 22% (−364K) | $152.03 | $616.58 (+306%) | 2026-03-31 |
| NEM Newmont Corporation | 1.1% | 2.3M | $251M | — | $90.75 | $114.41 (+26%) | 2026-03-31 |
| ORCL Oracle Corp | 1.1% | 1.6M | $234M | ▼ 15% (−281K) | $189.09 | $138.05 (−27%) | 2026-03-31 |
| EWY Ishares Inc | 1.0% | 1.8M | $217M | ▼ 15% (−306K) | $65.55 | $184.39 (+181%) | 2026-03-31 |
| MRVL Marvell Technology, Inc. Common Stock | 0.9% | 1.9M | $193M | ▲ 97% (+962K) | $90.06 | $262.81 (+192%) | 2026-03-31 |
| AMAT Applied Materials Inc | 0.8% | 560K | $191M | ▲ 17% (+82K) | $226.18 | $528.75 (+134%) | 2026-03-31 |
| JNJ Johnson & Johnson | 0.8% | 697K | $170M | ▼ 47% (−617K) | $152.93 | $263.33 (+72%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 0.7% | 292K | $167M | ▲ 30% (+68K) | $528.70 | $732.25 (+39%) | 2026-03-31 |
| ANET Arista Networks | 0.7% | 1.3M | $163M | — | $117.07 | $201.89 (+72%) | 2026-03-31 |
| KLAC KLA Corporation Common Stock | 0.7% | 109K | $160M | ▲ 39% (+30K) | $113.05 | $198.82 (+76%) | 2026-03-31 |
| CLS Celestica, Inc. | 0.7% | 526K | $148M | ▲ 54% (+184K) | $224.59 | $357.13 (+59%) | 2026-03-31 |
| VWO Vanguard Intl Equity Index F | 0.7% | 2.7M | $147M | ▲ 4.5% (+117K) | $44.86 | $59.14 (+32%) | 2026-03-31 |
| AAPL Apple Inc. | 0.6% | 563K | $143M | ▲ 95% (+274K) | $231.76 | $332.30 (+43%) | 2026-03-31 |
| UNP Union Pacific Corp. | 0.6% | 533K | $129M | ▲ 878% (+478K) | $241.96 | $270.33 (+12%) | 2026-03-31 |
| MBB Ishares Tr | 0.6% | 1.4M | $129M | ▼ 1.1% (−15K) | $94.54 | $88.98 (−6%) | 2026-03-31 |
| STX Seagate Technology Holdings PLC Ordinary Shares (Ireland) | 0.6% | 329K | $129M | ▲ 18% (+49K) | $261.62 | $919.79 (+252%) | 2026-03-31 |
| B Barrick Mining Corporation | 0.6% | 3.1M | $126M | ▲ 24% (+593K) | $38.50 | $40.30 (+5%) | 2026-03-31 |
| ASML Asml Hldg Nv | 0.5% | 92K | $122M | ▲ 7.1% (+6K) | $963.05 | $1,817.25 (+89%) | 2026-03-31 |
| FIX Comfort Systems USA, Inc. | 0.5% | 86K | $119M | ▲ 27% (+18K) | $899.78 | $1,645.31 (+83%) | 2026-03-31 |
| MO Altria Group, Inc. | 0.5% | 1.7M | $113M | ▼ 48% (−1.6M) | $51.65 | $67.16 (+30%) | 2026-03-31 |
| LQD Ishares Tr | 0.5% | 1.0M | $111M | ▲ 2.2% (+22K) | $109.41 | $101.36 (−7%) | 2026-03-31 |
| GOOG Alphabet Inc. Class C Capital Stock | 0.5% | 387K | $111M | NEW (+387K) | $286.86 | $341.94 (+19%) | 2026-03-31 |
| SE Sea Ltd | 0.5% | 1.3M | $111M | ▼ 13% (−195K) | $149.19 | $95.56 (−36%) | 2026-03-31 |
| APH Amphenol Corporation | 0.5% | 863K | $109M | ▲ 8.1% (+65K) | $61.44 | $84.32 (+37%) | 2026-03-31 |
| VRT Vertiv Holdings Co Class A Common Stock | 0.5% | 430K | $108M | — | $140.89 | $241.53 (+71%) | 2026-03-31 |
| NUE Nucor Corporation | 0.5% | 619K | $105M | NEW (+619K) | $166.09 | $231.82 (+40%) | 2026-03-31 |
| TER Teradyne, Inc. Common Stock | 0.5% | 339K | $100M | ▲ 70% (+139K) | $202.86 | $407.18 (+101%) | 2026-03-31 |
| CSX CSX Corporation | 0.4% | 2.4M | $98M | ▲ 244% (+1.7M) | $39.35 | $46.22 (+17%) | 2026-03-31 |
| CRDO Credo Technology Group Holding Ltd Ordinary Shares | 0.4% | 1.0M | $97M | ▲ 220% (+707K) | $110.03 | $199.70 (+81%) | 2026-03-31 |
| VOO Vanguard Index Fds | 0.4% | 159K | $95M | ▲ 334% (+122K) | $602.96 | $702.49 (+17%) | 2026-03-31 |
| IEMG Ishares Inc | 0.4% | 1.3M | $94M | ▲ 5.6% (+71K) | $51.67 | $81.19 (+57%) | 2026-03-31 |
| C Citigroup Inc. | 0.4% | 793K | $90M | ▲ 11% (+77K) | $67.38 | $127.33 (+89%) | 2026-03-31 |
| ARM Arm Holdings Plc | 0.4% | 593K | $90M | ▲ 82% (+267K) | $157.03 | $291.95 (+86%) | 2026-03-31 |
| PCAR Paccar Inc | 0.4% | 777K | $90M | NEW (+777K) | $115.36 | $110.29 (−4%) | 2026-03-31 |
| NRG NRG Energy, Inc. | 0.4% | 589K | $86M | ▲ 55% (+208K) | $121.07 | $96.86 (−20%) | 2026-03-31 |
| TLN Talen Energy Corporation Common Stock | 0.4% | 266K | $85M | — | $308.70 | $327.66 (+6%) | 2026-03-31 |
| BKR Baker Hughes Company | 0.4% | 1.4M | $84M | ▲ 284% (+1.0M) | $56.43 | $55.03 (−2%) | 2026-03-31 |
| EMXC Ishares Inc | 0.4% | 1.1M | $84M | NEW (+1.1M) | $78.66 | $99.12 (+26%) | 2026-03-31 |
| SNPS Synopsys Inc | 0.4% | 208K | $83M | NEW (+208K) | $404.84 | $474.75 (+17%) | 2026-03-31 |
Showing top 50 of 991 holdings by value.
FAQ ▾
What are Ray Dalio's largest holdings?
As of the latest 13F: State Str Spdr S&p 500 Etf T 12.7%, Ishares Tr 7.8%, Amazon.Com Inc 4.1%, NVIDIA CORP 3.6%, Alphabet Inc. Class A Common Stock 2.6%.
How big is Bridgewater Associates, LP's 13F portfolio?
$22.4B across 991 disclosed U.S.-equity positions.
What is Ray Dalio's 3-year performance?
+63% (13F-replication, price return), -16 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Data as of 2026-03-31 · Methodology
13F-replication (price return, filing-date based) — not an audited fund return.
Published by WealthFile · Not investment advice.
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.