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Built from publicly disclosed institutional and insider activity. Informational purposes only - not investment advice.OpenStocks · v0.1
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  3. Ray Dalio (Bridgewater Associates)
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  • Portfolio1.0k
  • Performance40Q
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Ray Dalio

Bridgewater Associates
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  • Hedge Fund · CIK 0001350694
  • Tech-Heavy
  • Large Fund

Ray Dalio runs Bridgewater Associates, a hedge fund overseeing $27.42B in disclosed equity holdings (SEC CIK 0001350694). The latest portfolio (2025Q4) discloses 1040 positions across 11 sectors, with the largest positions in SPY, IVV and NVDA. On a mark-to-market basis the tracked portfolio has returned 137.0% since 2016Q1. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Ray's filingsView holdings↓
Portfolio
$27.42B
Positions
1040
Quarter
2025Q4
Filings tracked
40
Since filing+137.0%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1

Not enough filing history to compute mark-to-market returns for Ray Dalio.

We need at least one year of portfolio coverage with priceable positions.

Performance overview

We mark Ray Dalio (Bridgewater Associates)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Ray’s portfolio is 137.0% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Ray Dalio
+58.0%
SPY
+69.5%
Alpha
-11.6pp
761011271521772021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$9.49B+$4.75B$0-$4.75B-$9.49B'19Q3'19Q4'20Q1'20Q2'20Q3'20Q4'21Q1'21Q2'21Q3'21Q4'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2
Latest · 2023Q2
-$731M
Lifetime buys
$45.95B
Lifetime sells
$42.02B
Portfolio over time
AUMPositions
$0$8.19B$16.37B$24.81B985333'19Q3'21Q2'23Q2
QoQ AUM
-1.2%
16Q lifetime AUM
+42.3%
QoQ positions
-14
16Q lifetime positions
+363
Position concentration
696 positions
Top 1
6%
of book
  • Top 16%$897.4MIVV
  • Top 2-516%$2.61BIEMG, PG, JNJ
  • Top 6-1014%$2.20BPEP, SPY, COST
  • Top 11-2013%$2.12BVWO, SBUX, V
  • Rest52%$8.37BRest of port