Bridgewater Associates
Ray Dalio
Period
Q1 2026
Portfolio Date
Mar 31, 2026
Stocks Held
992
Market Value
$22.4B
Portfolio Analysis
AIPreviewI. Institutional Overview
As of the first quarter of 2026, the portfolio managed by Ray Dalio - Bridgewater Associates presents a sophisticated portrait of a systematic macro-investment powerhouse navigating a complex global market. With a total reported portfolio market value of approximately $22.40 Billion, the institution maintains its status as a titan of the hedge fund...
The current scale of $22.40 Billion reflects a robust capital base, though the internal composition of this capital has undergone a significant transformation this quarter. When an institution holds nearly a thousand different securities, it signals a move away from idiosyncratic "stock-picking" in the traditional sense and toward a systematic,...
A deeper look at the institutional portrait reveals a "psychological state" of calculated aggression within a framework of extreme caution. While the number of holdings remains high—providing a safety net against the failure of any single company—the concentration within specific sectors, particularly Technology, indicates a high-conviction belief in a...
Based on the latest available 13F filing.
Open full report in appHoldings Value Trend
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Top 5 Holdings
$ETF-SPY
SPDR S&P 500 ETF Trust
12.7%
% of Portfolio
$ETF-IVV
iShares Core S&P 500 ETF
7.8%
% of Portfolio
$AMZN
Amazon.com, Inc.
4.1%
% of Portfolio
$NVDA
NVIDIA Corporation
3.6%
% of Portfolio
$GOOGL
Alphabet Inc.
2.6%
% of Portfolio
Historical Positions
| Symbol | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| ETF-SPY | 12.7% | 11.1% | 6.7% | 6.5% |
| ETF-IVV | 7.8% | 10.4% | 10.6% | 5.8% |
| AMZN | 4.1% | 1.6% | - | - |
| NVDA | 3.6% | 2.6% | 1.8% | 4.6% |
| GOOGL | 2.6% | 1.8% | 2.5% | 4.0% |
| AVGO | 2.5% | - | - | - |
| MU | 2.2% | - | - | - |
| MSFT | 1.8% | 1.7% | 2.2% | 3.4% |
| GEV | 1.7% | 1.6% | 1.6% | 1.7% |
| TSM | 1.6% | - | - | - |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
Sector Analysis
All Holdings
$ETF-SPY
12.7%
$ETF-IVV
7.8%
$AMZN
4.1%
$NVDA
3.6%
$GOOGL
2.6%
$AVGO
2.5%
$MU
2.2%
$MSFT
1.8%
$GEV
1.7%
$TSM
1.6%
$LRCX
1.5%
$AMD
1.2%
$NEM
1.1%
$ORCL
1.1%
$ETF-EWY
1.0%
$MRVL
0.9%
$AMAT
0.8%
$JNJ
0.8%
$META
0.7%
$ANET
0.7%
$KLAC
0.7%
$CLS
0.7%
$ETF-VWO
0.7%
$AAPL
0.6%
$UNP
0.6%
$ETF-MBB
0.6%
$STX
0.6%
$B
0.6%
$ASML
0.5%
$FIX
0.5%
$MO
0.5%
$ETF-LQD
0.5%
$GOOG
0.5%
$SE
0.5%
$APH
0.5%
$VRT
0.5%
$NUE
0.5%
$TER
0.5%
$CSX
0.4%
$CRDO
0.4%
$ETF-VOO
0.4%
$ETF-IEMG
0.4%
$C
0.4%
$ARM
0.4%
$PCAR
0.4%
$NRG
0.4%
$TLN
0.4%
$BKR
0.4%
$ETF-EMXC
0.4%
$SNPS
0.4%