Ray Dalio Stocks & Portfolio

Bridgewater AssociatesHoldings on 30 Jun 2026Filed 14 Aug 2026

Ray Dalio's Bridgewater Associates held 997 US stocks worth $24.4 billion on 30 June 2026, in its 13F filed with the SEC on 14 August 2026. Its largest holdings: State Street SPDR S&P 500 ETF Trust (16.3%), iShares Core S&P 500 ETF (9.2%), NVIDIA (3.2%).

Plus See what the famous funds bought and sold, and who earned the most

Portfolio value

$24.4B

Stocks held

997

Return last quarter

+30.2%

S&P 500 +14.9%

1 year

+38.7%

S&P 500 +20.9%

3 years

+80.7%

S&P 500 +68.5%

5 years

+69.7%

S&P 500 +74.5%

Largest holdings

Return vs. the S&P 500

This fundS&P 500

Each quarter's return on what the fund held at its start, compounded, beside the S&P 500's. Trades inside a quarter, cash and fees are not in a 13F.

Changes since Q1 2026

Bought this quarter (613)

Sold this quarter (588)

By sector

Other30.9%
Technology21.2%
Industrials7.8%
Financial Services6.7%
Healthcare6.6%
Energy6.4%
Consumer Cyclical5.6%
Basic Materials4.7%
Utilities3.9%
Communication Services3.6%
Consumer Defensive2.3%
Real Estate0.2%

Stocks in the portfolio (997)

Stock	Weight	Shares	Value	Change	Price at quarter end	Price now	Since
SPYState Street SPDR S&P 500 ETF Trust	16.30%	5,320,308	$4.0B	+21.9%Added	746.77	754.27	+1.0%
IVViShares Core S&P 500 ETF	9.22%	3,002,286	$2.2B	+12.1%Added	748.89	757.69	+1.2%
NVDANVIDIA	3.17%	3,866,195	$773.59M	-17.6%Reduced	200.09	162.83	-18.6%
AVGOBroadcom	2.04%	1,317,923	$497.85M	-28.2%Reduced	377.75	346.62	-8.2%
AMZNAmazon.com	1.98%	2,025,481	$482.75M	-53.8%Reduced	238.34	266.64	+11.9%
GOOGLAlphabet	1.94%	1,322,176	$472.51M	-33.8%Reduced	357.37	295.82	-17.2%
LRCXLam Research	1.67%	938,224	$406.56M	-40.3%Reduced	433.33	225.92	-47.9%
VOOVanguard S&P 500 ETF	1.29%	458,381	$314.82M	+189.0%Added	686.81	693.47	+1.0%
AMDAdvanced Micro Devices	1.28%	538,632	$312.90M	-58.3%Reduced	580.91	534.17	-8.0%
EWYiShares MSCI South Korea ETF	1.15%	1,384,772	$279.59M	-21.6%Reduced	201.90	142.78	-29.3%
MSFTMicrosoft	1.09%	711,896	$265.55M	-34.4%Reduced	373.02	524.32	+40.6%
NEMNewmont	1.03%	2,695,170	$251.73M	+16.3%Added	93.40	113.13	+21.1%
AMATApplied Materials	0.86%	291,426	$210.70M	-48.0%Reduced	723.00	370.28	-48.8%
ORCLOracle	0.86%	1,432,967	$210.00M	-10.0%Reduced	146.55	125.40	-14.4%
STXSeagate Technology Holdings	0.79%	199,822	$192.83M	-39.3%Reduced	965.00	528.38	-45.2%
JNJJohnson & Johnson	0.70%	669,135	$169.94M	-4.0%Reduced	253.97	286.01	+12.6%
VWOVanguard FTSE Emerging Markets ETF	0.67%	2,746,819	$163.96M	+0.9%Added	59.69	56.38	-5.5%
GEVGE Vernova	0.59%	122,768	$144.24M	-71.8%Reduced	1,174.86	802.62	-31.7%
UNPUnion Pacific	0.57%	514,266	$139.88M	-3.5%Reduced	272.00	302.45	+11.2%
MUMicron Technology	0.55%	116,666	$134.67M	-92.1%Reduced	1,154.29	778.06	-32.6%
MBBiShares MBS ETF	0.54%	1,386,800	$131.08M	+2.0%Added	94.52	90.36	-4.4%
MOAltria Group	0.51%	1,727,216	$124.27M	+1.3%Added	71.95	78.67	+9.3%
APHAmphenol	0.50%	697,612	$123.00M	-19.2%Reduced	176.32	78.22	-55.6%
ASMLASML Holding	0.50%	61,675	$122.70M	-33.1%Reduced	1,989.44	1,494.97	-24.9%
BBarrick Mining	0.50%	3,304,836	$121.39M	+7.3%Added	36.73	37.61	+2.4%
CLSCelestica	0.49%	330,689	$120.64M	-37.1%Reduced	364.80	240.36	-34.1%
VSTVistra	0.49%	751,695	$119.24M	+115.7%Added	158.63	132.98	-16.2%
SHELShell	0.49%	1,526,163	$118.34M	+388.9%Added	77.54	99.08	+27.8%
SESea	0.47%	1,204,563	$115.43M	-10.0%Reduced	95.83	75.40	-21.3%
LQDiShares iBoxx $ Investment Grade	0.47%	1,050,500	$114.58M	+2.8%Added	109.07	102.82	-5.7%
NUENucor	0.47%	513,423	$114.36M	-17.0%Reduced	222.75	251.69	+13.0%
PCARPACCAR	0.47%	946,107	$113.65M	+21.8%Added	120.12	106.67	-11.2%
WDCWestern Digital	0.45%	172,415	$110.12M	-30.8%Reduced	638.72	295.63	-53.7%
IEMGiShares Core MSCI Emerging Markets ETF	0.45%	1,328,276	$110.03M	-1.1%Reduced	82.84	74.16	-10.5%
CSXCSX	0.43%	2,229,965	$105.99M	-6.1%Reduced	47.53	52.06	+9.5%
PBRPetroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)	0.43%	6,524,553	$105.44M	+466.9%Added	16.16	18.35	+13.5%
AAPLApple	0.43%	364,377	$105.44M	-35.3%Reduced	289.36	356.41	+23.2%
LLYEli Lilly & Co	0.43%	87,023	$104.38M	+22.9%Added	1,199.43	1,444.80	+20.5%
PCGPG&E	0.41%	5,931,314	$99.76M	+24,078.9%Added	16.82	13.25	-21.2%
KLACKLA	0.41%	328,070	$98.98M	-69.8%Reduced	301.71	152.31	-49.5%
FIXComfort Systems USA	0.39%	48,506	$96.14M	-43.9%Reduced	1,981.95	1,111.40	-43.9%
NXPINXP Semiconductors	0.39%	337,405	$94.82M	+28.4%Added	281.03	265.03	-5.7%
WFCWells Fargo & Co	0.39%	1,145,854	$94.69M	+21.6%Added	82.64	86.04	+4.1%
EIXEdison International	0.38%	1,234,614	$91.92M	+777.1%Added	74.45	60.19	-19.2%
EMXCiShares MSCI Emerging Markets ex China ETF	0.37%	880,516	$90.08M	-17.9%Reduced	102.30	89.32	-12.7%
MPCMARATHON PETROLEUM	0.37%	349,224	$89.29M	+351.9%Added	255.67	414.71	+62.2%
STLDSteel Dynamics	0.36%	378,490	$86.85M	-13.6%Reduced	229.46	229.40	-0.0%
ESEversource Energy	0.35%	1,195,140	$86.37M	New	72.27	71.72	-0.8%
TELTE CONNECTIVITY	0.35%	426,718	$86.03M	+26.9%Added	201.61	216.29	+7.3%
ADIAnalog Devices	0.33%	203,208	$80.71M	+269.0%Added	397.17	397.93	+0.2%
HCAHCA Healthcare	0.33%	203,204	$79.23M	+16.9%Added	389.89	499.15	+28.0%
TPRTapestry	0.32%	539,444	$78.96M	+68.4%Added	146.38	132.41	-9.5%
APPApplovin	0.31%	146,602	$75.53M	New	515.23	409.03	-20.6%
VLOValero Energy	0.30%	285,001	$74.23M	+112.7%Added	260.44	379.82	+45.8%
CCitigroup	0.30%	522,666	$73.15M	-34.1%Reduced	139.96	123.98	-11.4%
EOGEOG Resources	0.29%	539,429	$69.98M	+4,190.7%Added	129.73	158.30	+22.0%
EDConsolidated Edison	0.28%	623,641	$68.99M	New	110.63	120.99	+9.4%
BKRBaker Hughes Company	0.28%	1,220,482	$67.74M	-11.7%Reduced	55.50	49.44	-10.9%
NINiSource	0.28%	1,410,001	$67.05M	New	47.55	46.06	-3.1%
FTITechnipFMC	0.27%	989,841	$65.63M	+294.7%Added	66.30	66.27	-0.0%
NOWSERVICENOW	0.26%	635,381	$63.08M	New	99.28	102.27	+3.0%
SLBSchlumberger	0.26%	1,338,849	$62.24M	+79.8%Added	46.49	51.66	+11.1%
METAMeta Platforms	0.25%	110,083	$62.01M	-62.3%Reduced	563.29	641.86	+13.9%
UTHRUnited Therapeutics	0.25%	111,326	$60.32M	+0.1%Added	541.83	591.11	+9.1%
CFGCitizens Financial Group	0.24%	847,858	$59.41M	+18.8%Added	70.07	65.26	-6.9%
MNSTMonster Beverage	0.24%	605,394	$58.19M	-21.5%Reduced	96.12	46.48	-51.6%
BACBank of America	0.24%	1,020,674	$58.16M	-2.1%Reduced	56.98	51.01	-10.5%
DUKDuke Energy	0.23%	442,098	$55.96M	New	126.58	129.12	+2.0%
OVVOvintiv	0.22%	1,041,316	$54.83M	+181.5%Added	52.65	65.38	+24.2%
HALHalliburton Company	0.22%	1,590,285	$53.99M	+5,441.4%Added	33.95	33.79	-0.5%
MRVLMarvell Technology	0.22%	181,176	$53.97M	-90.7%Reduced	297.89	156.80	-47.4%
AUAngloGold Ashanti	0.22%	665,558	$53.84M	+11.4%Added	80.89	86.23	+6.6%
TFCTruist Financial	0.22%	1,078,721	$53.74M	+47.4%Added	49.82	49.98	+0.3%
PPLPPL	0.22%	1,468,865	$53.39M	+245.1%Added	36.35	35.67	-1.9%
MCKMcKesson	0.22%	70,358	$53.16M	+4.4%Added	755.60	1,102.73	+45.9%
ARANTERO RESOURCES	0.22%	1,507,657	$52.98M	+793.4%Added	35.14	38.74	+10.2%
LUVSouthwest Airlines	0.22%	1,022,946	$52.60M	+46.1%Added	51.42	44.92	-12.6%
METMetLife	0.22%	621,519	$52.59M	-0.8%Reduced	84.61	102.64	+21.3%
NTNXNutanix	0.21%	998,761	$50.90M	New	50.96	60.38	+18.5%
CIENCiena	0.20%	101,038	$49.57M	-29.8%Reduced	490.56	280.53	-42.8%
CRDOCredo Technology Group Holding	0.20%	178,996	$48.68M	-82.6%Reduced	271.95	131.50	-51.6%
INSMInsmed	0.20%	455,392	$48.55M	+54.1%Added	106.62	121.15	+13.6%
SBSWSibanye-Stillwater	0.20%	5,691,634	$48.32M	+28.6%Added	8.49	8.77	+3.2%
TERTeradyne	0.20%	98,627	$47.72M	-70.9%Reduced	483.84	249.41	-48.5%
APAAPA	0.19%	1,444,176	$47.04M	New	32.57	48.45	+48.8%
TLNTalen Energy	0.19%	121,506	$46.69M	-54.3%Reduced	384.26	375.99	-2.2%
BPOPPopular	0.19%	278,207	$45.68M	-12.3%Reduced	164.18	157.83	-3.9%
CVSCVS HEALTH	0.19%	440,972	$45.62M	-28.7%Reduced	103.45	89.33	-13.6%
TEVATeva Pharmaceutical Industries	0.18%	1,326,678	$44.95M	+17.6%Added	33.88	44.55	+31.5%
RDDTReddit	0.18%	257,428	$44.68M	+274.1%Added	173.58	98.43	-43.3%
TKRTimken Company (The)	0.18%	302,724	$43.99M	+57.7%Added	145.32	108.89	-25.1%
ANETArista Networks	0.18%	254,275	$43.20M	-80.9%Reduced	169.88	197.31	+16.1%
FHNFirst Horizon	0.17%	1,633,439	$41.88M	+0.1%Added	25.64	23.52	-8.3%
VZVerizon Communications	0.17%	980,458	$41.51M	+125.5%Added	42.34	46.37	+9.5%
BWABorgWarner	0.17%	623,455	$41.40M	-4.0%Reduced	66.40	50.88	-23.4%
NVTnVent Electric	0.17%	242,970	$41.21M	-7.0%Reduced	169.61	114.67	-32.4%
ZIONZions Bancorporation NA	0.17%	591,357	$40.92M	-18.4%Reduced	69.19	66.33	-4.1%
EXEExpand Energy	0.17%	447,886	$40.84M	New	91.19	88.51	-2.9%
NRGNRG Energy	0.17%	277,935	$40.60M	-52.8%Reduced	146.06	97.10	-33.5%
ZBRAZebra Technologies	0.16%	151,328	$39.84M	+947.8%Added	263.26	323.84	+23.0%

The famous funds: most bought, most sold and best returns

Most bought by the famous funds last quarter

1SPCXSpace Exploration Technologies10 funds

Most sold by the famous funds last quarter

1
AVGOBroadcom11 funds

Quarter by quarter

Quarter	Value	Number of stocks	Fund return	S&P 500
Q2 2026	$24.4B	997	+30.2%	+14.9%
Q1 2026	$22.4B	993	-2.2%	-4.6%
Q4 2025	$27.4B	1,040	+2.1%	+2.3%
Q3 2025	$25.5B	1,014	+6.6%	+7.8%
Q2 2025	$24.8B	585	+11.7%	+10.6%
Q1 2025	$21.6B	664	-2.7%	-4.6%
Q4 2024	$21.8B	691	-0.3%	+2.1%
Q3 2024	$17.7B	773	+5.9%	+5.2%
Q2 2024	$19.2B	877	+1.2%	+4.4%
Q1 2024	$19.8B	677	+7.8%	+9.9%
Q4 2023	$17.9B	742	+8.6%	+11.2%
Q3 2023	$16.5B	740	-4.1%	-3.6%
Q2 2023	$16.2B	696	+3.3%	+8.3%
Q1 2023	$16.4B	710	+2.6%	+7.0%
Q4 2022	$18.3B	820	+9.8%	+7.1%
Q3 2022	$19.8B	866	-5.9%	-5.3%
Q2 2022	$23.6B	985	-8.6%	-16.4%
Q1 2022	$24.8B	968	-7.4%	-4.9%
Q4 2021	$17.2B	731	+4.7%	+10.6%
Q3 2021	$18.3B	683	-3.3%	+0.2%
Q2 2021	$15.6B	704	+4.0%	+8.2%
Q1 2021	$11.3B	455	+0.9%	+5.8%
Q4 2020	$11.6B	525	+10.4%	+11.7%
Q3 2020	$8.3B	430	+8.9%	+8.5%
Q2 2020	$6.0B	383	+14.9%	+20.0%
Q1 2020	$5.0B	399	-18.1%	-20.0%
Q4 2019	$9.8B	471	+7.0%	+8.5%
Q3 2019	$11.4B	333	-2.4%	+0.4%
Q2 2019	$12.8B	305	+0.7%	+3.4%
Q1 2019	$16.3B	303	+10.7%	+14.4%
Q4 2018	$10.9B	472	-9.4%	-14.3%
Q3 2018	$9.7B	354	+1.8%	+7.6%
Q2 2018	$10.0B	460	-3.9%	+2.9%
Q1 2018	$10.5B	460	+0.1%	-1.2%
Q4 2017	$12.2B	246	+4.9%	+6.1%
Q3 2017	$14.9B	286	+6.0%	+4.0%
Q2 2017	$10.9B	343	+1.9%	+2.6%
Q1 2017	$8.8B	236	+8.3%	+5.5%
Q4 2016	$10.5B	267	-2.3%	+3.3%
Q3 2016	$10.2B	299	+5.4%	+3.3%
Q2 2016	$8.0B	340	+1.8%	+1.9%
Q1 2016	$7.9B	253	+4.4%	+0.8%
Q4 2015	$7.7B	263	+1.5%	+6.5%
Q3 2015	$7.5B	430	-15.0%	-6.9%
Q2 2015	$10.8B	306	-0.6%	-0.2%
Q1 2015	$12.8B	328	+1.3%	+0.4%
Q4 2014	$12.5B	335	-1.8%	+4.4%
Q3 2014	$12.8B	363	-2.2%	+0.6%
Q2 2014	$13.3B	303	+5.4%	+4.7%
Q1 2014	$12.2B	339	-0.3%	+1.3%
Q4 2013	$12.5B	293	+5.0%	+9.9%
Q3 2013	$11.9B	311	+4.3%	+4.1%
Q2 2013	$11.4B	323	-4.9%	+3.4%
Q1 2013	$11.0B	235	-0.4%	+9.5%
Q4 2012	$9.8B	206	+1.5%	-1.3%
Q3 2012	$7.4B	204	+1.9%	+6.0%
Q2 2012	$6.7B	185	-0.6%	-3.3%
Q1 2012	$6.4B	246	+3.1%	+12.0%
Q4 2011	$6.0B	260	+3.6%	+11.2%
Q3 2011	$6.7B	384	-13.0%	-14.3%
Q2 2011	$7.1B	333	+0.2%	-0.4%
Q1 2011	$5.9B	309	+4.4%	+5.4%
Q4 2010	$6.0B	312	+5.7%	+10.2%
Q3 2010	$6.8B	433	+12.0%	+10.7%
Q2 2010	$5.7B	422	-11.1%	-11.9%
Q1 2010	$4.5B	421	+7.8%	+4.9%
Q4 2009	$2.7B	416	+5.7%	+5.5%
Q3 2009	$3.7B	414	+14.3%	+15.0%
Q2 2009	$2.7B	351	+92.0%	+15.2%
Q1 2009	$1.2B	357	-13.7%	-11.7%
Q4 2008	$1.3B	383	-22.7%	-22.6%
Q3 2008	$2.2B	419	—	—
Q2 2008	$3.7B	452	-5.8%	-3.2%
Q1 2008	$4.8B	510	+54.3%	-9.9%
Q4 2007	$2.8B	458	-5.1%	0.0%
Q3 2007	$2.6B	471	-0.1%	+2.9%
Q2 2007	$1.7B	479	+7.2%	+5.8%
Q1 2007	$681.82M	452	+0.0%	+0.2%
Q4 2006	$472.44M	187	+16.6%	+6.2%
Q3 2006	$467.75M	263	+3.4%	+5.2%
Q2 2006	$410.17M	315	-0.7%	-1.9%
Q1 2006	$293.80M	227	+1.5%	+3.7%
Q4 2005	$193.28M	178	—	—

A 13F lists the US stocks, ETFs and options a fund manages over $100 million holds at the end of a quarter, filed within 45 days. It leaves out short sales, cash, bonds and holdings outside the US.

Source: 13F filings with the SEC, via Financial Modeling Prep

Filings on sec.gov