Latest Bridgewater Associates, LP Stock Portfolio

Ray Dalio Performance:

2025 Q4: 1.8%YTD: 15.19%2024: 33.2%

Performance for 2025 Q4 is 1.8%, and YTD is 15.19%, and 2024 is 33.2%.

About Ray Dalio and 13F Hedge Fund Stock Holdings

Ray Dalio is a hedge fund based in Westport, CT. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Bridgewater Associates, LP reported an equity portfolio of $27.4 Billions as of 31 Dec, 2025.

The top stock holdings of Bridgewater Associates, LP are SPY, IJR, NVDA. The fund has invested 11.1% of it's portfolio in SPDR S&P 500 ETF TR and 10.5% of portfolio in ISHARES TR.

The fund managers got completely rid off FISERV INC, ASTRAZENECA PLC (AZN) and DRAFTKINGS INC NEW (DKNG) stocks. They significantly reduced their stock positions in SHIFT4 PMTS INC (FOUR), F5 INC (FFIV) and EQT CORP (EQT). Bridgewater Associates, LP opened new stock positions in ARM HOLDINGS PLC, CATERPILLAR INC (CAT) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to MICRON TECHNOLOGY INC (MU), SMUCKER J M CO (SJM) and RIOT PLATFORMS INC (RIOT).

Ray Dalio Annual Return Estimates Vs S&P 500

Our best estimate is that Bridgewater Associates, LP made a return of 1.8% in the last quarter. In trailing 12 months, it's portfolio return was 15.19%.

Performance
S&P 500

New Buys

Ticker	$ Bought
arm holdings plc	35,670,000
caterpillar inc	35,607,900
ishares tr	29,798,000
ford mtr co	22,610,600
first horizon corporation	22,192,900
dell technologies inc	19,679,100
constellation energy corp	15,168,400
spotify technology s a	13,669,900

New stocks bought by Bridgewater Associates, LP

Additions

Ticker	% Inc.
micron technology inc	52,355
smucker j m co	3,350
sharkninja inc	2,925
harmony gold mining co ltd	1,973
macys inc	1,742
enersys	1,738
bellring brands inc	1,653
vanguard index fds	1,621

Additions to existing portfolio by Bridgewater Associates, LP

Reductions

Ticker	% Reduced
ebay inc.	-89.42
robinhood mkts inc	-82.85
doordash inc	-76.03
cisco sys inc	-74.12
fortinet inc	-72.73
travelers companies inc	-72.72
union pac corp	-71.99
globe life inc	-70.56

Bridgewater Associates, LP reduced stake in above stock

Sold off

None of the stocks were completely sold off by Bridgewater Associates, LP

Sector Distribution

Bridgewater Associates, LP has about 35.5% of it's holdings in Others sector.

Sector	%
Others	35.5
Technology	26.2
Financial Services	9.9
Consumer Cyclical	7.2
Healthcare	6.2
Industrials	4.3
Communication Services	4
Consumer Defensive	2.2
Energy	1.8
Basic Materials	1.4

Market Cap. Distribution

Bridgewater Associates, LP has about 55.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	35.5
LARGE-CAP	34.5
MEGA-CAP	21.1
MID-CAP	8.2

Stocks belong to which Index?

About 51% of the stocks held by Bridgewater Associates, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	49.1
S&P 500	46.3
RUSSELL 2000	4.7

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	65.1 %
VICR	vicor corp	56.9 %
AEO	american eagle outfitters in	54.0 %
TEVA	teva pharmaceutical inds ltd	51.0 %
CIEN	ciena corp	49.7 %

Top 5 Winners ($)		$
GOOG	alphabet inc	148.4 M
LRCX	lam research corp	121.3 M
AMD	advanced micro devices inc	90.4 M
IJR	ishares tr	64.4 M
SPY	spdr s&p 500 etf tr	55.3 M

Top 5 Losers (%)		%
CORT	corcept therapeutics inc	-55.6 %
MSTR	strategy inc	-52.8 %
LRN	stride inc	-45.8 %
WIX	wix com ltd	-38.3 %
ACHC	acadia healthcare company in	-36.3 %

Top 5 Losers ($)		$
ORCL	oracle corp	-98.4 M
SE	sea ltd	-80.3 M
NOW	servicenow inc	-44.0 M
UBER	uber technologies inc	-39.8 M
MSFT	microsoft corp	-35.7 M

Ray Dalio Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ray Dalio

Bridgewater Associates, LP has 1040 stocks in it's portfolio. About 36.3% of the portfolio is in top 10 stocks. ORCL proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Bridgewater Associates, LP last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.29	289,471	78,695,600	reduced	-16.04

AAXJ	ishares tr	0.48	1,375,400	130,966,000	added	1.5

ABC	cencora inc	0.03	25,186	8,506,570	reduced	-49.95

ABNB	airbnb inc	0.16	328,756	44,618,800	added	78.88

ABT	abbott labs	0.06	122,694	15,372,300	added	2.9

ACGL	arch cap group ltd	0.13	383,022	36,739,500	added	20.56

ACI	albertsons cos inc	0.03	404,582	6,946,670	added	63.96

ACWV	ishares inc	0.74	2,072,360	201,475,000	added	1.83

ACWV	ishares inc	0.06	218,385	15,140,600	added	10.53

ADBE	adobe inc	1.63	1,275,060	446,257,000	added	0.98

ADNT	adient plc	0.03	429,280	8,229,300	reduced	-0.73

ADP	automatic data processing in	0.05	52,121	13,407,100	added	26.18

ADSK	autodesk inc	0.20	184,199	54,524,700	added	20.75

ADT	adt inc del	0.05	1,803,830	14,556,900	added	30.65

AEE	ameren corp	0.04	123,691	12,351,800	added	228

AEM	agnico eagle mines ltd	0.08	134,285	22,765,300	added	40.88

AEO	american eagle outfitters in	0.03	327,394	8,633,380	reduced	-0.39

AFG	american finl group inc ohio	0.03	63,073	8,620,820	reduced	-13.37

AGI	alamos gold inc new	0.04	281,285	10,852,000	added	555

AGNG	global x fds	0.06	414,846	17,726,400	reduced	-9.54