Ray Dalio
Bridgewater Associates, LP · Investor
1Y performance ⓘ
+26%
AUM (13F)
$22.4B
# of Holdings
991
3Y performance ⓘ
+61%
vs S&P 500 ⓘ
−11%
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 +61% over 3 years (-11 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) | $409.39 | $744.39 (+82%) | 2026-03-31 |
| IVV Ishares Tr | 7.8% | 2.7M | $1.8B | ▼ 36% (−1.5M) | $411.08 | $747.78 (+82%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 4.1% | 4.4M | $914M | ▲ 125% (+2.4M) | $180.38 | $232.79 (+29%) | 2026-03-31 |
| NVDA NVIDIA CORP | 3.6% | 4.7M | $818M | ▲ 21% (+828K) | $434.99 | $208.65 (−52%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 2.6% | 2.0M | $574M | ▲ 26% (+407K) | $103.73 | $349.68 (+237%) | 2026-03-31 |
| AVGO Broadcom Inc. Common Stock | 2.5% | 1.8M | $568M | ▲ 57% (+670K) | $641.54 | $392.13 (−39%) | 2026-03-31 |
| MU Micron Technology, Inc. | 2.2% | 1.5M | $499M | ▲ 66% (+586K) | $63.11 | $1,211.38 (+1819%) | 2026-03-31 |
| MSFT MICROSOFT CORP | 1.8% | 1.1M | $402M | ▲ 10% (+101K) | $288.30 | $367.34 (+27%) | 2026-03-31 |
| GEV GE Vernova Inc. | 1.7% | 435K | $380M | ▼ 35% (−231K) | $171.51 | $1,127.59 (+557%) | 2026-03-31 |
| TSM Taiwan Semiconductor Manufac | 1.6% | 1.1M | $364M | NEW (+1.1M) | $93.02 | $467.67 (+403%) | 2026-03-31 |
| LRCX Lam Research Corp | 1.5% | 1.6M | $336M | ▼ 48% (−1.5M) | $72.23 | $409.54 (+467%) | 2026-03-31 |
| AMD Advanced Micro Devices | 1.2% | 1.3M | $263M | ▼ 22% (−364K) | $180.49 | $551.63 (+206%) | 2026-03-31 |
| NEM Newmont Corporation | 1.1% | 2.3M | $251M | — | $49.02 | $101.80 (+108%) | 2026-03-31 |
| ORCL Oracle Corp | 1.1% | 1.6M | $234M | ▼ 15% (−281K) | $92.92 | $175.07 (+88%) | 2026-03-31 |
| EWY Ishares Inc | 1.0% | 1.8M | $217M | ▼ 15% (−306K) | $67.11 | $219.02 (+226%) | 2026-03-31 |
| MRVL Marvell Technology, Inc. Common Stock | 0.9% | 1.9M | $193M | ▲ 97% (+962K) | $43.30 | $307.86 (+611%) | 2026-03-31 |
| AMAT Applied Materials Inc | 0.8% | 560K | $191M | ▲ 17% (+82K) | $122.83 | $640.18 (+421%) | 2026-03-31 |
| JNJ Johnson & Johnson | 0.8% | 697K | $170M | ▼ 47% (−617K) | $155.00 | $231.29 (+49%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 0.7% | 292K | $167M | ▲ 30% (+68K) | $211.94 | $563.85 (+166%) | 2026-03-31 |
| ANET Arista Networks | 0.7% | 1.3M | $163M | — | $110.53 | $174.56 (+58%) | 2026-03-31 |
| KLAC KLA Corporation Common Stock | 0.7% | 109K | $160M | ▲ 39% (+30K) | $485.02 | $269.16 (−45%) | 2026-03-31 |
| CLS Celestica, Inc. | 0.7% | 526K | $148M | ▲ 54% (+184K) | $57.33 | $376.84 (+557%) | 2026-03-31 |
| VWO Vanguard Intl Equity Index F | 0.7% | 2.7M | $147M | ▲ 4.5% (+117K) | $40.40 | $61.24 (+52%) | 2026-03-31 |
| AAPL Apple Inc. | 0.6% | 563K | $143M | ▲ 95% (+274K) | $164.90 | $297.01 (+80%) | 2026-03-31 |
| UNP Union Pacific Corp. | 0.6% | 533K | $129M | ▲ 878% (+478K) | $201.26 | $259.91 (+29%) | 2026-03-31 |
| MBB Ishares Tr | 0.6% | 1.4M | $129M | ▼ 1.1% (−15K) | $94.73 | $94.25 (−1%) | 2026-03-31 |
| STX Seagate Technology Holdings PLC Ordinary Shares (Ireland) | 0.6% | 329K | $129M | ▲ 18% (+49K) | $86.31 | $1,094.04 (+1168%) | 2026-03-31 |
| B Barrick Mining Corporation | 0.6% | 3.1M | $126M | ▲ 24% (+593K) | $20.82 | $40.14 (+93%) | 2026-03-31 |
| ASML Asml Hldg Nv | 0.5% | 92K | $122M | ▲ 7.1% (+6K) | $833.25 | $1,929.25 (+132%) | 2026-03-31 |
| FIX Comfort Systems USA, Inc. | 0.5% | 86K | $119M | ▲ 27% (+18K) | $170.41 | $2,066.51 (+1113%) | 2026-03-31 |
| MO Altria Group, Inc. | 0.5% | 1.7M | $113M | ▼ 48% (−1.6M) | $44.62 | $69.51 (+56%) | 2026-03-31 |
| LQD Ishares Tr | 0.5% | 1.0M | $111M | ▲ 2.2% (+22K) | $109.61 | $108.78 (−1%) | 2026-03-31 |
| GOOG Alphabet Inc. Class C Capital Stock | 0.5% | 387K | $111M | NEW (+387K) | $286.86 | $348.78 (+22%) | 2026-03-31 |
| SE Sea Ltd | 0.5% | 1.3M | $111M | ▼ 13% (−195K) | $86.55 | $89.04 (+3%) | 2026-03-31 |
| APH Amphenol Corporation | 0.5% | 863K | $109M | ▲ 8.1% (+65K) | $67.37 | $165.96 (+146%) | 2026-03-31 |
| VRT Vertiv Holdings Co Class A Common Stock | 0.5% | 430K | $108M | — | $37.20 | $357.96 (+862%) | 2026-03-31 |
| NUE Nucor Corporation | 0.5% | 619K | $105M | NEW (+619K) | $154.47 | $244.93 (+59%) | 2026-03-31 |
| TER Teradyne, Inc. Common Stock | 0.5% | 339K | $100M | ▲ 70% (+139K) | $137.64 | $457.00 (+232%) | 2026-03-31 |
| CSX CSX Corporation | 0.4% | 2.4M | $98M | ▲ 244% (+1.7M) | $29.94 | $46.20 (+54%) | 2026-03-31 |
| CRDO Credo Technology Group Holding Ltd Ordinary Shares | 0.4% | 1.0M | $97M | ▲ 220% (+707K) | $145.61 | $302.52 (+108%) | 2026-03-31 |
| VOO Vanguard Index Fds | 0.4% | 159K | $95M | ▲ 334% (+122K) | $500.13 | $686.10 (+37%) | 2026-03-31 |
| IEMG Ishares Inc | 0.4% | 1.3M | $94M | ▲ 5.6% (+71K) | $48.79 | $86.00 (+76%) | 2026-03-31 |
| C Citigroup Inc. | 0.4% | 793K | $90M | ▲ 11% (+77K) | $46.89 | $145.67 (+211%) | 2026-03-31 |
| ARM Arm Holdings Plc | 0.4% | 593K | $90M | ▲ 82% (+267K) | $161.74 | $407.72 (+152%) | 2026-03-31 |
| PCAR Paccar Inc | 0.4% | 777K | $90M | NEW (+777K) | $73.20 | $120.12 (+64%) | 2026-03-31 |
| NRG NRG Energy, Inc. | 0.4% | 589K | $86M | ▲ 55% (+208K) | $34.29 | $138.91 (+305%) | 2026-03-31 |
| TLN Talen Energy Corporation Common Stock | 0.4% | 266K | $85M | — | $178.24 | $438.12 (+146%) | 2026-03-31 |
| BKR Baker Hughes Company | 0.4% | 1.4M | $84M | ▲ 284% (+1.0M) | $35.32 | $59.15 (+67%) | 2026-03-31 |
| EMXC Ishares Inc | 0.4% | 1.1M | $84M | NEW (+1.1M) | $78.66 | $106.49 (+35%) | 2026-03-31 |
| SNPS Synopsys Inc | 0.4% | 208K | $83M | NEW (+208K) | $458.97 | $464.58 (+1%) | 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?
+61% (13F-replication, price return), -11 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.