Ray Dalio Portfolio

As of the Q3 2025 filing, Ray Dalio's largest disclosed holdings are iShares Tr, Spdr S&p 500 ETF Tr, Alphabet Inc. (GOOGL). The table shows 15 of 1,014 positions by default, with an exact-count control for the remaining rows. Disclosed shares and values remain visible even when a separate market-price estimate is unavailable.

The biggest disclosed buys in Q3 2025 were Lam Research Corporation (LRCX), Adobe Inc. (ADBE), Mastercard Incorporated (MA), based on the Bridgewater Associates, LP 13F filing. New positions are marked "new" in the table above.

The biggest reductions in Q3 2025 were NVIDIA Corporation (NVDA), Alphabet Inc. (GOOGL), Microsoft Corporation (MSFT). The filing comparison contains 59 full exits, summarized in the activity view above.

The latest 13F discloses $25.5B across 1,014 positions in Q3 2025. 13F filings cover US-listed long positions only; cash and short positions are not disclosed.

Funds file 13Fs up to 45 days after each quarter ends, so this portfolio reflects Q3 2025, the latest disclosed quarter. The filing date is shown with every table.

Non-rejected, non-superseded SEC Form 13F filings for Bridgewater Associates, LP provide the Q3 2025 holdings, disclosed values, and filing date shown here. WhoBought prefers filings whose value units validate and labels a sparse filing when validation is unavailable. Industry labels come from the local company classification record.

Performance uses daily closing prices for holdings with available market-price history. It covers the priced share of disclosed value (64%); holdings without sufficient price history are excluded from the calculation.

Ray Dalio is an American investor, author, and founder of Bridgewater Associates.

No. He handed his voting rights to Bridgewater's board and stepped down as co-chief investment officer in 2022. He sold his remaining shares and left the board in 2025.

He earned a finance degree from Long Island University and an MBA from Harvard Business School, then worked around commodities and futures before founding his firm.

Dalio founded it in 1975 as a wealth-advisory business for corporate clients. The firm also published research on global market trends through Daily Observations.

His work is associated with global macro investing: studying economic forces such as inflation, growth, interest rates, and exchange rates, then expressing those views across markets.

Pure Alpha is the Bridgewater strategy launched in 1991 to pursue returns beyond broad market exposure. All Weather followed in 1996 and became closely associated with risk parity and diversified risk.

His books include Principles: Life & Work, Principles for Navigating Big Debt Crises, The Changing World Order, and How Countries Go Broke.

Bridgewater's approach has historically used currencies, fixed income, and other macro exposures that a 13F does not capture. The page's current holdings and quarterly changes cover only reported US-listed long positions.

No. It follows Bridgewater's disclosed filing portfolio, and Dalio has fully separated from the firm. Any performance shown here is filing-based portfolio performance, not Dalio's personal return.

No. A 13F reports covered securities held by the filing manager. It is not a balance sheet for Dalio, Bridgewater, or Dalio's family office.