Bridgewater Associates
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Ray Dalio's Bridgewater Associates reported 677 stock positions worth $19.8 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 5.6% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 4.9%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q4 2023, it opened 72 new positions, sold out of 137, added to 204 and reduced 393. The biggest buy was Alphabet Class A (GOOGL, shares +163%) and the biggest sale PDD (PDD, shares −37%).
- Most Recent 13F
- Q2 2026
- Notable People
- Ray Dalio
- Location
- Westport, CT
- CIK
- 0001350694
- Portfolio Value
- $19.8B (Q1 2024)
- SEC Filing
- 0001172661-24-002257 ↗ filed May 14, 2024
Holdings Value
Holdings 677 stocks · $19.8B
| IVV iShares Core S&P 500 ETF | 5.57% | 2,096,972 | $1.1B | Reduce -1.2% |
| IEMG iShares Core MSCI Emerging | 4.87% | 18,663,470 | $963.0M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 4.10% | 5,368,853 | $810.3M | Add +162.6% |
| PG The Procter & Gamble Co. | 3.37% | 4,106,729 | $666.3M | Reduce -11.6% |
| NVDA Nvidia Corp. | 3.22% | 704,599 | $636.6M | Add +162.4% |
| META Meta Platforms Inc. Class A | 2.44% | 994,051 | $482.7M | Add +49.2% |
| JNJ Johnson & Johnson | 2.27% | 2,843,233 | $449.8M | Add +2.5% |
| WMT Walmart Inc. | 2.10% | 6,886,092 | $414.3M | Reduce -9.8% |
| COST Costco Wholesale Corp. | 1.98% | 534,828 | $391.8M | Reduce -22.2% |
| KO The Coca-Cola Co. | 1.95% | 6,288,687 | $384.7M | Reduce -21.4% |
| PEP Pepsico Inc. | 1.89% | 2,141,024 | $374.7M | Reduce -12.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.89% | 714,394 | $373.7M | Reduce -13.2% |
| MCD McDonald's Corp. | 1.74% | 1,218,039 | $343.4M | Reduce -10.2% |
| AAPL Apple Inc. | 1.60% | 1,842,154 | $315.9M | Add +166009.5% |
| MRK Merck & Co. Inc. | 1.39% | 2,090,256 | $275.8M | Add +6.8% |
| V Visa Inc. Class A | 1.33% | 945,064 | $263.7M | Reduce -13.0% |
| MSFT Microsoft Corp. | 1.23% | 579,525 | $243.8M | Add +193.1% |
| LLY Eli Lilly & Co. | 1.10% | 280,386 | $218.1M | Reduce -11.7% |
| VWO Vanguard Ftse Emerging Marke | 1.02% | 4,826,743 | $201.6M | Reduce -10.2% |
| ABT Abbott Laboratories | 1.00% | 1,736,157 | $197.3M | Reduce -8.5% |
| CVS CVS Health Corp. | 0.99% | 2,454,617 | $195.8M | Reduce -19.6% |
| AMZN Amazon.com Inc. | 0.96% | 1,047,891 | $189.0M | New |
| PDD PDD Holdings Inc. | 0.91% | 1,544,497 | $179.5M | Reduce -36.6% |
| SBUX Starbucks Corp. | 0.90% | 1,948,837 | $178.1M | Reduce -19.4% |
| CMCSA Comcast Corp. Class A | 0.88% | 4,012,375 | $173.9M | Add +1.8% |
| MA Mastercard Inc. Class A | 0.85% | 348,708 | $167.9M | Add +26.3% |
| MCK McKesson Corp. | 0.85% | 311,454 | $167.2M | Reduce -7.1% |
| CMG Chipotle Mexican Grill Inc. | 0.80% | 54,093 | $157.2M | Reduce -0.2% |
| EWZ iShares MSCI Brazil ETF | 0.76% | 4,657,860 | $151.0M | Add +69.3% |
| MDLZ Mondelez International Inc. Class A | 0.76% | 2,134,695 | $149.4M | Reduce -12.0% |
| TGT Target Corp. | 0.70% | 781,310 | $138.5M | Add +0.7% |
| MBB iShares MBS ETF | 0.69% | 1,478,500 | $136.6M | Add +1.8% |
| CI The Cigna Group | 0.64% | 349,645 | $127.0M | Reduce -6.4% |
| PYPL PayPal Holdings Inc. | 0.62% | 1,831,735 | $122.7M | Add +26.9% |
| AMD Advanced Micro Devices | 0.62% | 679,454 | $122.6M | New |
| FISV Fiserv Inc. | 0.60% | 741,969 | $118.6M | Add +15.2% |
| SYK Stryker Corp. | 0.60% | 329,888 | $118.1M | Reduce -18.6% |
| UBER Uber Technologies Inc. | 0.59% | 1,516,031 | $116.7M | Add +116.9% |
| CL Colgate-Palmolive Co. | 0.59% | 1,292,799 | $116.4M | Reduce -16.4% |
| HCA HCA Healthcare Inc. | 0.58% | 346,313 | $115.5M | Reduce -18.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.56% | 1,013,200 | $110.4M | Add +5.5% |
| BKNG Booking Holdings Inc. | 0.49% | 26,918 | $97.7M | Reduce -26.6% |
| BSX Boston Scientific Corp. | 0.47% | 1,344,499 | $92.1M | Reduce -23.5% |
| VEEV Veeva Systems Inc. Class A | 0.46% | 395,296 | $91.6M | Reduce -12.3% |
| ISRG Intuitive Surgical Inc. | 0.44% | 218,536 | $87.2M | Reduce -47.9% |
| AMAT Applied Materials Inc. | 0.44% | 417,897 | $86.2M | Add +2416.7% |
| ABBV Abbvie Inc. | 0.41% | 449,779 | $81.9M | Reduce -25.9% |
| DASH DoorDash Inc. Class A | 0.41% | 594,666 | $81.9M | Add +4.7% |
| KLAC KLA Corp. | 0.41% | 117,012 | $81.7M | Add +466.4% |
| KR Kroger Co. | 0.41% | 1,402,374 | $80.1M | Reduce -27.4% |
| ADBE Adobe Inc. | 0.38% | 148,941 | $75.2M | Add +2299.9% |
| GILD Gilead Sciences Inc. | 0.37% | 1,011,768 | $74.1M | Add +25.2% |
| STZ Constellation Brands Inc. Class A | 0.36% | 261,799 | $71.1M | Reduce -9.4% |
| LEN Lennar Corp. Class A | 0.35% | 407,102 | $70.0M | Add +13.6% |
| KMB Kimberly-Clark Corp. | 0.35% | 533,123 | $69.0M | Reduce -18.3% |
| LRCX Lam Research Corp. | 0.35% | 70,393 | $68.4M | Add +831.4% |
| GE General Electric | 0.34% | 388,329 | $68.2M | Add +1.1% |
| VST Vistra Corp. | 0.33% | 945,442 | $65.9M | Reduce -6.3% |
| COR Cencora Inc. | 0.33% | 269,224 | $65.4M | Add +27.9% |
| GPN Global Payments Inc. | 0.32% | 472,429 | $63.1M | Add +65.8% |
| DHI D.R. Horton Inc. | 0.32% | 379,600 | $62.5M | Reduce -19.6% |
| DLTR Dollar Tree Inc. | 0.31% | 467,302 | $62.2M | Reduce -19.9% |
| BDX Becton Dickinson and Co. | 0.31% | 249,934 | $61.8M | Reduce -15.8% |
| CAH Cardinal Health Inc. | 0.31% | 551,428 | $61.7M | Add +31.8% |
| MNST Monster Beverage Corp. | 0.31% | 1,022,716 | $60.6M | Reduce -35.1% |
| MDT Medtronic PLC | 0.30% | 680,227 | $59.3M | New |
| REGN Regeneron Pharmaceuticals | 0.30% | 61,146 | $58.9M | Reduce -44.5% |
| EWY iShares MSCI South Korea ETF | 0.30% | 874,991 | $58.7M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.28% | 134,695 | $56.3M | Add +1.8% |
| SYY Sysco Corp. | 0.27% | 656,837 | $53.3M | Reduce -12.1% |
| WFC Wells Fargo & Co. | 0.26% | 889,047 | $51.5M | Add +67.2% |
| DXCM Dexcom Inc. | 0.26% | 370,864 | $51.4M | Reduce -14.4% |
| AZO AutoZone Inc. | 0.26% | 16,317 | $51.4M | Add +27.8% |
| CRM Salesforce Inc. | 0.26% | 170,425 | $51.3M | Add +1689.6% |
| MO Altria Group Inc. | 0.26% | 1,157,891 | $50.5M | Reduce -38.6% |
| MPC Marathon Petroleum Corp. | 0.25% | 241,633 | $48.7M | Add +7.5% |
| SPOT Spotify Technology SA | 0.24% | 177,817 | $46.9M | Add +4.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.24% | 354,903 | $46.8M | Add +11.2% |
| EW Edwards Lifesciences Corp. | 0.23% | 485,667 | $46.4M | Reduce -46.2% |
| CPAY Corpay Inc. | 0.23% | 148,628 | $45.9M | Add +15.6% |
| QSR Restaurant Brands Intern | 0.22% | 554,184 | $44.1M | Reduce -9.8% |
| PGR Progressive Corp. | 0.22% | 209,762 | $43.4M | Reduce -56.7% |
| C Citigroup Inc. | 0.21% | 664,458 | $42.0M | Add +23.0% |
| DG Dollar General Corp. | 0.21% | 267,055 | $41.7M | Reduce -5.1% |
| TRV The Travelers Cos Inc. | 0.21% | 180,042 | $41.4M | Add +244.6% |
| PRU Prudential Financial Inc. | 0.21% | 349,874 | $41.1M | Add +80.3% |
| MET Metlife Inc. | 0.21% | 547,562 | $40.6M | Reduce -5.7% |
| K Kellanova | 0.20% | 699,828 | $40.1M | Add +9.7% |
| GIS General Mills Inc. | 0.20% | 565,377 | $39.6M | Reduce -41.3% |
| EXPE Expedia Group Inc. | 0.20% | 286,475 | $39.5M | Add +92.1% |
| TMUS T-Mobile US Inc. | 0.20% | 240,362 | $39.2M | Reduce -12.7% |
| EA Electronic Arts Inc. | 0.19% | 288,465 | $38.3M | Add +289.1% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 703,226 | $38.1M | Reduce -0.3% |
| CHD Church & Dwight Co. Inc. | 0.19% | 359,022 | $37.4M | Reduce -14.6% |
| LW Lamb Weston Holdings Inc. | 0.19% | 347,041 | $37.0M | Reduce -13.2% |
| BECN Beacon Roofing Supply Inc. | 0.19% | 374,346 | $36.7M | Add +301.3% |
| PM Philip Morris International | 0.18% | 399,410 | $36.6M | Reduce -59.4% |
| LH Laboratory CRP of Amer Hldgs | 0.18% | 165,350 | $36.1M | Add +113.0% |
| SPGI S&P Global Inc. | 0.18% | 82,637 | $35.2M | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.18% | 604,233 | $34.8M | Add +76.7% |
Portfolio Sells Q4 2023 → Q1 2024
| PDD PDD Holdings Inc. | Reduce -36.6% | 0.91% | −1.09 |
| KO The Coca-Cola Co. | Reduce -21.4% | 1.95% | −0.69 |
| COST Costco Wholesale Corp. | Reduce -22.2% | 1.98% | −0.56 |
| CSCO Cisco Systems Inc. | Reduce -93.8% | 0.03% | −0.51 |
| MCD McDonald's Corp. | Reduce -10.2% | 1.74% | −0.51 |
| PG The Procter & Gamble Co. | Reduce -11.6% | 3.37% | −0.44 |
| PEP Pepsico Inc. | Reduce -12.3% | 1.89% | −0.43 |
| IEMG iShares Core MSCI Emerging | Reduce -0.2% | 4.87% | −0.42 |
| FXI iShares China Large-Cap ETF | Reduce -69.4% | 0.15% | −0.40 |
| SBUX Starbucks Corp. | Reduce -19.4% | 0.90% | −0.40 |
| CVS CVS Health Corp. | Reduce -19.6% | 0.99% | −0.36 |
| ISRG Intuitive Surgical Inc. | Reduce -47.9% | 0.44% | −0.35 |
| PM Philip Morris International | Reduce -59.4% | 0.18% | −0.33 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.2% | 1.89% | −0.30 |
| MCHI iShares MSCI China ETF | Reduce -57.7% | 0.17% | −0.28 |
| HUM Humana Inc. | Reduce -72.9% | 0.06% | −0.26 |
| V Visa Inc. Class A | Reduce -13.0% | 1.33% | −0.25 |
| REGN Regeneron Pharmaceuticals | Reduce -44.5% | 0.30% | −0.24 |
| BKNG Booking Holdings Inc. | Reduce -26.6% | 0.49% | −0.23 |
| MDLZ Mondelez International Inc. Class A | Reduce -12.0% | 0.76% | −0.23 |
| VWO Vanguard Ftse Emerging Marke | Reduce -10.2% | 1.02% | −0.22 |
| PGR Progressive Corp. | Reduce -56.7% | 0.22% | −0.21 |
| AMGN Amgen Inc. | Reduce -88.6% | 0.02% | −0.21 |
| T AT&T Inc. | Reduce -77.3% | 0.06% | −0.20 |
| MNST Monster Beverage Corp. | Reduce -35.1% | 0.31% | −0.20 |
| ON On Semiconductor | Reduce -97.6% | 0.00% | −0.20 |
| PFE Pfizer Inc. | Reduce -94.1% | 0.01% | −0.20 |
| KHC The Kraft Heinz Co. | Reduce -46.1% | 0.17% | −0.18 |
| ELV Elevance Health Inc. | Reduce -50.6% | 0.17% | −0.17 |
| ABT Abbott Laboratories | Reduce -8.5% | 1.00% | −0.17 |
| MO Altria Group Inc. | Reduce -38.6% | 0.26% | −0.17 |
| BIIB Biogen Inc. | Reduce -68.6% | 0.05% | −0.16 |
| GIS General Mills Inc. | Reduce -41.3% | 0.20% | −0.15 |
| EW Edwards Lifesciences Corp. | Reduce -46.2% | 0.23% | −0.15 |
| DLTR Dollar Tree Inc. | Reduce -19.9% | 0.31% | −0.15 |
| WMT Walmart Inc. | Reduce -9.8% | 2.10% | −0.15 |
| HSY The Hershey Co. | Reduce -61.3% | 0.09% | −0.15 |
| SLB SLB Ltd. | Reduce -46.9% | 0.15% | −0.14 |
| EL Estee Lauder Companies Class A | Reduce -43.2% | 0.14% | −0.12 |
| AMH American Homes 4 Rent- A | Sold out | 0.00% | −0.12 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.12 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -96.0% | 0.00% | −0.11 |
| APA Apa Corp. | Reduce -94.0% | 0.01% | −0.11 |
| ABBV Abbvie Inc. | Reduce -25.9% | 0.41% | −0.11 |
| BSX Boston Scientific Corp. | Reduce -23.5% | 0.47% | −0.10 |
| NIO Nio Inc. - ADR | Reduce -48.0% | 0.03% | −0.10 |
| CSGP Costar Group Inc. | Reduce -50.3% | 0.10% | −0.10 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -98.2% | 0.00% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -16.4% | 0.59% | −0.10 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.10 |
Portfolio Buys Q4 2023 → Q1 2024
| GOOGL Alphabet Inc. Class A | Add +162.6% | 4.10% | +2.50 |
| NVDA Nvidia Corp. | Add +162.4% | 3.22% | +2.48 |
| AAPL Apple Inc. | Add +166009.5% | 1.60% | +1.60 |
| META Meta Platforms Inc. Class A | Add +49.2% | 2.44% | +1.12 |
| AMZN Amazon.com Inc. | New | 0.96% | +0.96 |
| MSFT Microsoft Corp. | Add +193.1% | 1.23% | +0.82 |
| AMD Advanced Micro Devices | New | 0.62% | +0.62 |
| AMAT Applied Materials Inc. | Add +2416.7% | 0.44% | +0.42 |
| ADBE Adobe Inc. | Add +2299.9% | 0.38% | +0.36 |
| UBER Uber Technologies Inc. | Add +116.9% | 0.59% | +0.35 |
| KLAC KLA Corp. | Add +466.4% | 0.41% | +0.35 |
| LRCX Lam Research Corp. | Add +831.4% | 0.35% | +0.31 |
| MDT Medtronic PLC | New | 0.30% | +0.30 |
| EWY iShares MSCI South Korea ETF | New | 0.30% | +0.30 |
| CRM Salesforce Inc. | Add +1689.6% | 0.26% | +0.25 |
| EWZ iShares MSCI Brazil ETF | Add +69.3% | 0.76% | +0.23 |
| MRK Merck & Co. Inc. | Add +6.8% | 1.39% | +0.20 |
| MA Mastercard Inc. Class A | Add +26.3% | 0.85% | +0.19 |
| SPGI S&P Global Inc. | New | 0.18% | +0.18 |
| TRV The Travelers Cos Inc. | Add +244.6% | 0.21% | +0.15 |
| BECN Beacon Roofing Supply Inc. | Add +301.3% | 0.19% | +0.14 |
| EA Electronic Arts Inc. | Add +289.1% | 0.19% | +0.14 |
| PYPL PayPal Holdings Inc. | Add +26.9% | 0.62% | +0.12 |
| FISV Fiserv Inc. | Add +15.2% | 0.60% | +0.12 |
| NXPI NXP Semiconductors NV | Add +579.5% | 0.14% | +0.12 |
| LOW Lowe's Cos Inc. | Add +1717.8% | 0.13% | +0.12 |
| GDDY GoDaddy Inc. Class A | Add +543.8% | 0.14% | +0.12 |
| GPN Global Payments Inc. | Add +65.8% | 0.32% | +0.12 |
| NFLX Netflix Inc. | New | 0.11% | +0.11 |
| WFC Wells Fargo & Co. | Add +67.2% | 0.26% | +0.11 |
| DASH DoorDash Inc. Class A | Add +4.7% | 0.41% | +0.10 |
| LVS Las Vegas Sands Corp. | New | 0.10% | +0.10 |
| PRU Prudential Financial Inc. | Add +80.3% | 0.21% | +0.10 |
| BKR Baker Hughes Co. | Add +153.2% | 0.17% | +0.09 |
| INTC Intel Corp. | New | 0.09% | +0.09 |
| COR Cencora Inc. | Add +27.9% | 0.33% | +0.09 |
| LULU Lululemon Athletica Inc. | Add +1130.4% | 0.10% | +0.09 |
| LH Laboratory CRP of Amer Hldgs | Add +113.0% | 0.18% | +0.08 |
| QLYS Qualys Inc. | Add +658.5% | 0.10% | +0.08 |
| TGT Target Corp. | Add +0.7% | 0.70% | +0.08 |
| SNOW Snowflake Inc. | Add +1103.5% | 0.09% | +0.08 |
| HES Hess Corp. | Add +305.3% | 0.10% | +0.08 |
| DVN Devon Energy Corp. | New | 0.08% | +0.08 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.08% | +0.08 |
| BNY Bank of New York Mellon Corp. | Add +76.7% | 0.18% | +0.08 |
| DOCU Docusign Inc. | Add +204.3% | 0.12% | +0.08 |
| CAH Cardinal Health Inc. | Add +31.8% | 0.31% | +0.08 |
| AZO AutoZone Inc. | Add +27.8% | 0.26% | +0.08 |
| NTAP Netapp Inc. | Add +71.3% | 0.16% | +0.07 |
| APPF Appfolio Inc. Class A | Add +346.0% | 0.09% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 997 | $24.4B | SPY, IVV, NVDA, AVGO, AMZN |
| Q1 2026 | 993 | $22.4B | SPY, IVV, AMZN, NVDA, GOOGL |
| Q4 2025 | 1,040 | $27.4B | SPY, IVV, NVDA, LRCX, CRM |
| Q3 2025 | 1,014 | $25.5B | IVV, SPY, GOOGL, MSFT, CRM |
| Q2 2025 | 585 | $24.8B | SPY, IVV, NVDA, IEMG, GOOGL |
| Q1 2025 | 664 | $21.6B | SPY, IVV, IEMG, BABA, GOOGL |
| Q4 2024 | 691 | $21.8B | SPY, IVV, IEMG, GOOGL, NVDA |
| Q3 2024 | 773 | $17.7B | IVV, IEMG, GOOGL, NVDA, SPY |
| Q2 2024 | 877 | $19.2B | IVV, IEMG, GOOGL, NVDA, PG |
| Q1 2024 | 677 | $19.8B | IVV, IEMG, GOOGL, PG, NVDA |