Bridgewater Associates
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ray Dalio's Bridgewater Associates reported 993 stock positions worth $22.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.8%) and Amazon.com (AMZN, 4.1%). Compared with Q4 2025, it opened 214 new positions, sold out of 261, added to 292 and reduced 487. The biggest buy was Amazon.com (AMZN, shares +125%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −36%).
- Most Recent 13F
- Q2 2026
- Notable People
- Ray Dalio
- Location
- Westport, CT
- CIK
- 0001350694
- Portfolio Value
- $22.4B (Q1 2026)
- SEC Filing
- 0001350694-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 993 stocks · $22.4B
| SPY SS SPDR S&P 500 ETF Trust-US | 12.67% | 4,364,862 | $2.8B | Reduce -2.0% |
| IVV iShares Core S&P 500 ETF | 7.81% | 2,679,084 | $1.8B | Reduce -36.0% |
| AMZN Amazon.com Inc. | 4.08% | 4,388,711 | $914.0M | Add +125.3% |
| NVDA Nvidia Corp. | 3.65% | 4,693,003 | $818.5M | Add +21.4% |
| GOOGL Alphabet Inc. Class A | 2.56% | 1,997,674 | $574.5M | Add +25.6% |
| AVGO Broadcom Inc. | 2.54% | 1,835,380 | $568.1M | Add +57.4% |
| MU Micron Technology Inc. | 2.23% | 1,475,704 | $498.6M | Add +65.9% |
| MSFT Microsoft Corp. | 1.79% | 1,084,979 | $401.6M | Add +10.3% |
| GEV GE Vernova Inc. | 1.69% | 434,897 | $379.6M | Reduce -34.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.62% | 1,077,079 | $364.0M | New |
| LRCX Lam Research Corp. | 1.50% | 1,571,229 | $335.7M | Reduce -48.3% |
| AMD Advanced Micro Devices | 1.17% | 1,292,767 | $263.0M | Reduce -22.0% |
| NEM Newmont Corp. | 1.12% | 2,316,641 | $250.8M | Add +0.3% |
| ORCL Oracle Corp. | 1.05% | 1,592,069 | $234.2M | Reduce -15.0% |
| EWY iShares MSCI South Korea ETF | 0.97% | 1,766,264 | $217.3M | Reduce -14.8% |
| MRVL Marvell Technology Inc. | 0.86% | 1,948,947 | $193.0M | Add +97.4% |
| AMAT Applied Materials Inc. | 0.85% | 559,918 | $191.4M | Add +17.2% |
| JNJ Johnson & Johnson | 0.76% | 696,884 | $170.3M | Reduce -47.0% |
| META Meta Platforms Inc. Class A | 0.74% | 291,665 | $166.9M | Add +30.4% |
| ANET Arista Networks Inc. | 0.73% | 1,330,091 | $163.3M | Add +0.1% |
| KLAC KLA Corp. | 0.71% | 108,674 | $160.0M | Add +38.7% |
| CLS Celestica Inc. | 0.66% | 525,621 | $148.1M | Add +53.8% |
| VWO Vanguard Ftse Emerging Marke | 0.66% | 2,721,740 | $147.1M | Add +4.5% |
| AAPL Apple Inc. | 0.64% | 563,492 | $143.0M | Add +94.7% |
| UNP Union Pacific Corp. | 0.58% | 532,850 | $129.3M | Add +877.5% |
| MBB iShares MBS ETF | 0.58% | 1,360,000 | $129.1M | Reduce -1.1% |
| STX Seagate Technology Holdings | 0.58% | 329,117 | $128.9M | Add +17.6% |
| B Barrick Mining Corp. | 0.56% | 3,079,243 | $125.6M | Add +23.8% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.54% | 92,196 | $121.8M | Add +7.1% |
| FIX Comfort Systems USA Inc. | 0.53% | 86,462 | $119.2M | Add +26.8% |
| MO Altria Group Inc. | 0.50% | 1,705,511 | $112.5M | Reduce -48.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.50% | 1,021,700 | $111.4M | Add +2.2% |
| GOOG Alphabet Inc. Class C | 0.50% | 387,002 | $111.0M | New |
| SE Sea Ltd.-ADR | 0.49% | 1,338,128 | $110.8M | Reduce -12.7% |
| APH Amphenol Corp. Class A | 0.49% | 863,048 | $109.0M | Add +8.1% |
| VRT Vertiv Holdings Co. Class A | 0.48% | 429,766 | $107.7M | Reduce -0.2% |
| NUE Nucor Corp. | 0.47% | 618,528 | $104.6M | New |
| TER Teradyne Inc. | 0.45% | 338,946 | $100.5M | Add +69.7% |
| CSX CSX Corp. | 0.44% | 2,375,228 | $97.5M | Add +243.8% |
| CRDO Credo Technology Group Holdi | 0.43% | 1,028,202 | $96.5M | Add +220.2% |
| VOO Vanguard S&P 500 ETF | 0.42% | 158,628 | $94.8M | Add +334.5% |
| IEMG iShares Core MSCI Emerging | 0.42% | 1,342,944 | $93.7M | Add +5.6% |
| C Citigroup Inc. | 0.40% | 793,414 | $90.0M | Add +10.8% |
| ARM Arm Holdings PLC-ADR | 0.40% | 593,361 | $89.8M | Add +81.8% |
| PCAR Paccar Inc. | 0.40% | 777,072 | $89.8M | New |
| NRG NRG Energy Inc. | 0.38% | 588,502 | $86.0M | Add +54.5% |
| TLN Talen Energy Corp. | 0.38% | 266,099 | $84.9M | Add +0.3% |
| BKR Baker Hughes Co. | 0.38% | 1,381,645 | $84.3M | Add +284.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.38% | 1,072,280 | $84.3M | New |
| SNPS Synopsys Inc. | 0.37% | 208,353 | $82.6M | New |
| ALAB Astera Labs Inc. | 0.37% | 750,940 | $82.3M | Add +212.2% |
| HCA HCA Healthcare Inc. | 0.37% | 173,801 | $82.2M | Reduce -47.2% |
| TSEM Tower Semiconductor Ltd. | 0.36% | 462,725 | $81.2M | New |
| STLD Steel Dynamics Inc. | 0.35% | 438,079 | $78.9M | New |
| WFC Wells Fargo & Co. | 0.33% | 942,580 | $75.0M | Reduce -17.4% |
| MFC Manulife Financial Corp. | 0.32% | 2,113,648 | $72.6M | Reduce -17.4% |
| ONTO Onto Innovation Inc. | 0.32% | 348,405 | $71.4M | Add +274.1% |
| AMKR Amkor Technology Inc. | 0.32% | 1,580,929 | $71.2M | Add +1976.4% |
| TEL Te Connectivity PLC | 0.31% | 336,174 | $70.3M | Reduce -23.7% |
| WDC Western Digital Corp. | 0.30% | 249,039 | $67.4M | Add +244.3% |
| UTHR United Therapeutics Corp. | 0.29% | 111,169 | $65.9M | Add +72.1% |
| LLY Eli Lilly & Co. | 0.29% | 70,812 | $65.1M | Reduce -3.4% |
| CSCO Cisco Systems Inc. | 0.28% | 822,892 | $63.8M | Add +78.0% |
| VALE Vale SA-SP ADR | 0.28% | 3,986,229 | $63.4M | Reduce -33.8% |
| CI The Cigna Group | 0.27% | 228,493 | $61.0M | Reduce -33.7% |
| CAT Caterpillar Inc. | 0.26% | 82,502 | $58.4M | Add +32.7% |
| MCK McKesson Corp. | 0.26% | 67,381 | $58.3M | Reduce -0.1% |
| AU Anglogold Ashanti PLC | 0.26% | 597,304 | $58.2M | Reduce -27.4% |
| CEG Constellation Energy | 0.26% | 206,339 | $57.6M | Add +380.6% |
| MNST Monster Beverage Corp. | 0.25% | 770,774 | $55.9M | Reduce -6.4% |
| CIEN Ciena Corp. | 0.25% | 143,846 | $55.8M | Reduce -32.4% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.24% | 4,426,451 | $54.5M | Add +1566.1% |
| EME Emcor Group Inc. | 0.24% | 72,808 | $53.8M | Reduce -10.6% |
| LNG Cheniere Energy Inc. | 0.24% | 186,373 | $52.9M | Add +159.6% |
| VST Vistra Corp. | 0.23% | 348,514 | $52.4M | Add +12.5% |
| NXPI NXP Semiconductors NV | 0.23% | 262,782 | $51.7M | Reduce -27.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 1,042,897 | $50.8M | Add +3.2% |
| INSM Insmed Inc. | 0.22% | 295,579 | $48.3M | New |
| TPR Tapestry Inc. | 0.20% | 320,345 | $45.2M | Reduce -0.7% |
| BTI British American Tob-SP ADR | 0.20% | 765,848 | $44.8M | Reduce -74.1% |
| CVS CVS Health Corp. | 0.20% | 618,428 | $44.4M | Reduce -40.4% |
| MET Metlife Inc. | 0.20% | 626,530 | $44.3M | Reduce -38.4% |
| CENX Century Aluminum Company | 0.19% | 732,517 | $43.0M | Add +169.5% |
| ALL Allstate Corp. | 0.19% | 206,980 | $42.9M | Reduce -25.8% |
| CFG Citizens Financial Group | 0.19% | 713,638 | $42.8M | Reduce -16.4% |
| BPOP Popular Inc. | 0.19% | 317,216 | $42.6M | Add +1.3% |
| ZION Zions Bancorp NA | 0.19% | 724,830 | $41.8M | Reduce -13.4% |
| COHR Coherent Corp. | 0.17% | 163,368 | $38.9M | Add +233.6% |
| GSK GSK PLC-Spon ADR | 0.17% | 698,666 | $38.6M | Reduce -50.7% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.17% | 744,764 | $38.3M | Add +11.6% |
| FHN First Horizon Corp. | 0.17% | 1,631,610 | $37.1M | Add +75.7% |
| DECK Deckers Outdoor Corp. | 0.16% | 367,840 | $36.8M | Reduce -36.6% |
| DELL Dell Technologies -C | 0.16% | 223,392 | $36.7M | Add +42.9% |
| KGC Kinross Gold Corp. | 0.16% | 1,159,586 | $35.4M | Add +124.0% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.16% | 106,592 | $35.3M | Add +24.5% |
| BWA Borgwarner Inc. | 0.16% | 649,769 | $35.3M | Reduce -27.9% |
| HPE Hewlett Packard Enterprise | 0.16% | 1,476,822 | $35.2M | Reduce -53.5% |
| CMCSA Comcast Corp. Class A | 0.15% | 1,192,620 | $34.2M | Reduce -66.0% |
| GE General Electric filed as GE AEROSPACE | 0.15% | 120,607 | $34.2M | Reduce -29.3% |
| TEVA Teva Pharmaceutical-SP ADR | 0.15% | 1,128,406 | $34.0M | Add +49.6% |
Portfolio Sells Q4 2025 → Q1 2026
| IVV iShares Core S&P 500 ETF | Reduce -36.0% | 7.81% | −2.64 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.87 |
| ADBE Adobe Inc. | Reduce -99.9% | 0.00% | −1.63 |
| BKNG Booking Holdings Inc. | Reduce -99.9% | 0.00% | −1.57 |
| MA Mastercard Inc. Class A | Reduce -99.0% | 0.01% | −0.84 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.76 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.75 |
| PYPL PayPal Holdings Inc. | Reduce -99.7% | 0.00% | −0.71 |
| V Visa Inc. Class A | Reduce -95.3% | 0.03% | −0.65 |
| EXPE Expedia Group Inc. | Reduce -99.8% | 0.00% | −0.64 |
| RDDT Reddit Inc. Class A | Reduce -91.0% | 0.04% | −0.60 |
| BTI British American Tob-SP ADR | Reduce -74.1% | 0.20% | −0.41 |
| LRCX Lam Research Corp. | Reduce -48.3% | 1.50% | −0.40 |
| UBER Uber Technologies Inc. | Reduce -97.3% | 0.01% | −0.37 |
| PINS Pinterest Inc. Class A | Reduce -84.7% | 0.05% | −0.35 |
| ORCL Oracle Corp. | Reduce -15.0% | 1.05% | −0.29 |
| XYZ Block Inc. | Reduce -89.4% | 0.04% | −0.28 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.27 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.26 |
| MTCH Match Group Inc. | Sold out | 0.00% | −0.25 |
| OMC Omnicom Group | Reduce -99.3% | 0.00% | −0.24 |
| JNJ Johnson & Johnson | Reduce -47.0% | 0.76% | −0.23 |
| CMCSA Comcast Corp. Class A | Reduce -66.0% | 0.15% | −0.23 |
| TEAM Atlassian Corp. Class A | Reduce -95.9% | 0.00% | −0.22 |
| SE Sea Ltd.-ADR | Reduce -12.7% | 0.49% | −0.22 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.20 |
| HCA HCA Healthcare Inc. | Reduce -47.2% | 0.37% | −0.19 |
| MO Altria Group Inc. | Reduce -48.0% | 0.50% | −0.19 |
| DT Dynatrace Inc. | Reduce -87.2% | 0.03% | −0.17 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.17 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.16 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.15 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.15 |
| ABNB Airbnb Inc. Class A | Reduce -91.8% | 0.02% | −0.15 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.14 |
| SHEL Shell PLC-ADR | Reduce -68.9% | 0.13% | −0.14 |
| DOCU Docusign Inc. | Reduce -79.8% | 0.03% | −0.14 |
| PATH Uipath Inc. Class A | Reduce -98.3% | 0.00% | −0.13 |
| VRSN Verisign Inc. | Reduce -97.1% | 0.00% | −0.13 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.13 |
| REGN Regeneron Pharmaceuticals | Reduce -68.8% | 0.08% | −0.13 |
| HPE Hewlett Packard Enterprise | Reduce -53.5% | 0.16% | −0.12 |
| AMD Advanced Micro Devices | Reduce -22.0% | 1.17% | −0.12 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.12 |
| AMP Ameriprise Financial Inc. | Reduce -89.1% | 0.02% | −0.12 |
| HIG Hartford Insurance Group Inc. | Reduce -54.7% | 0.14% | −0.12 |
| SCHW Schwab (charles) Corp. | Reduce -93.2% | 0.01% | −0.11 |
| CPAY Corpay Inc. | Sold out | 0.00% | −0.11 |
| GNTX Gentex Corp. | Reduce -99.1% | 0.00% | −0.11 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.11 |
Portfolio Buys Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Add +125.3% | 4.08% | +2.44 |
| TSM Taiwan Semiconductor-SP ADR | New | 1.62% | +1.62 |
| MU Micron Technology Inc. | Add +65.9% | 2.23% | +1.30 |
| AVGO Broadcom Inc. | Add +57.4% | 2.54% | +1.06 |
| NVDA Nvidia Corp. | Add +21.4% | 3.65% | +1.02 |
| GOOGL Alphabet Inc. Class A | Add +25.6% | 2.56% | +0.75 |
| MRVL Marvell Technology Inc. | Add +97.4% | 0.86% | +0.56 |
| UNP Union Pacific Corp. | Add +877.5% | 0.58% | +0.53 |
| GOOG Alphabet Inc. Class C | New | 0.50% | +0.50 |
| NUE Nucor Corp. | New | 0.47% | +0.47 |
| AMAT Applied Materials Inc. | Add +17.2% | 0.85% | +0.41 |
| PCAR Paccar Inc. | New | 0.40% | +0.40 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.38% | +0.38 |
| SNPS Synopsys Inc. | New | 0.37% | +0.37 |
| KLAC KLA Corp. | Add +38.7% | 0.71% | +0.37 |
| TSEM Tower Semiconductor Ltd. | New | 0.36% | +0.36 |
| STLD Steel Dynamics Inc. | New | 0.35% | +0.35 |
| AAPL Apple Inc. | Add +94.7% | 0.64% | +0.35 |
| CSX CSX Corp. | Add +243.8% | 0.44% | +0.34 |
| VOO Vanguard S&P 500 ETF | Add +334.5% | 0.42% | +0.34 |
| BKR Baker Hughes Co. | Add +284.0% | 0.38% | +0.32 |
| TER Teradyne Inc. | Add +69.7% | 0.45% | +0.31 |
| AMKR Amkor Technology Inc. | Add +1976.4% | 0.32% | +0.31 |
| FIX Comfort Systems USA Inc. | Add +26.8% | 0.53% | +0.30 |
| STX Seagate Technology Holdings | Add +17.6% | 0.58% | +0.29 |
| CLS Celestica Inc. | Add +53.8% | 0.66% | +0.29 |
| NEM Newmont Corp. | Add +0.3% | 1.12% | +0.28 |
| ARM Arm Holdings PLC-ADR | Add +81.8% | 0.40% | +0.27 |
| ONTO Onto Innovation Inc. | Add +274.1% | 0.32% | +0.27 |
| CRDO Credo Technology Group Holdi | Add +220.2% | 0.43% | +0.26 |
| WDC Western Digital Corp. | Add +244.3% | 0.30% | +0.26 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +1566.1% | 0.24% | +0.23 |
| ALAB Astera Labs Inc. | Add +212.2% | 0.37% | +0.22 |
| INSM Insmed Inc. | New | 0.22% | +0.22 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.1% | 0.54% | +0.21 |
| META Meta Platforms Inc. Class A | Add +30.4% | 0.74% | +0.21 |
| CEG Constellation Energy | Add +380.6% | 0.26% | +0.20 |
| LNG Cheniere Energy Inc. | Add +159.6% | 0.24% | +0.19 |
| UTHR United Therapeutics Corp. | Add +72.1% | 0.29% | +0.18 |
| B Barrick Mining Corp. | Add +23.8% | 0.56% | +0.17 |
| NRG NRG Energy Inc. | Add +54.5% | 0.38% | +0.16 |
| CSCO Cisco Systems Inc. | Add +78.0% | 0.28% | +0.16 |
| CENX Century Aluminum Company | Add +169.5% | 0.19% | +0.15 |
| ASX Ase Technology Holding -ADR | New | 0.15% | +0.15 |
| VWO Vanguard Ftse Emerging Marke | Add +4.5% | 0.66% | +0.15 |
| COHR Coherent Corp. | Add +233.6% | 0.17% | +0.14 |
| CAT Caterpillar Inc. | Add +32.7% | 0.26% | +0.13 |
| CRWV Coreweave Inc. Class A | New | 0.13% | +0.13 |
| AME Ametek Inc. | Add +2428.3% | 0.11% | +0.11 |
| LUV Southwest Airlines Co. | Add +892.7% | 0.12% | +0.11 |
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 |