Ray Dalio's Bridgewater Associates Reports $24.4 Billion Portfolio as of Q3 2026
Ray Dalio's Bridgewater Associates reported a $24.4 billion portfolio as of the end of Q3 2026, comprising 990 positions, with the top ten holdings accounting for nearly 40% of the total.
Bridgewater Associates, managed by Ray Dalio, reported a total portfolio value of $24.4 billion as of the close of Q3 2026. The 13F filing, filed on August 14, 2026, lists 990 positions, with the ten largest holdings representing 39.5% of the reported value.
Bridgewater Associates: Ray Dalio's Investment Philosophy
Bridgewater Associates, led by Ray Dalio, employs a macroeconomic approach that seeks to spread capital across numerous assets in order to reduce overall volatility. The fund favors liquid, US-listed equities, which translates into significant exposure to index funds and technology stocks, as evidenced by the composition of the filing. This massive diversification strategy is based on the idea that different asset classes react differently to economic cycles, thereby smoothing returns over the long term.
Key New Positions and Strengths
The filing indicates that the largest positions include: the SPDR S&P 500 ETF (STATE STR SPDR S&P 500 ETF T) totaling $3.97 billion, or 16.3% of the portfolio with 5,320,308 shares; iShares totaling $2.49 billion (10.2% of the portfolio) with 5,446,707 shares; NVIDIA at $770 million (3.2%) across 3,866,195 shares. Alphabet, Broadcom, iShares Inc., Amazon, Lam Research, Vanguard Index Funds, and Advanced Micro Devices round out the top ten, each ranging from $310 million to $500 million, or 1.3% to 2.0% of the total. These securities are all US-listed and belong to the technology, communication, and financial sectors, reflecting the fund's appetite for high-cap, liquid enterprises.
Cuts and Exits - What the Manager is Leaving Behind
According to available information, the 13F form does not detail any reductions or exits that occurred during the quarter. The document mentions no full exits from a security or significant reductions in position size. Without precise data, it's impossible to quantify disinvestment moves for this quarter.
Limitations of the 13F: What This Filing Does NOT Say
The 13F form must be filed within 45 days of the end of the quarter and only lists long positions in US-listed equities. Short positions, options, futures contracts, and non-US listed securities are not included. Additionally, the filing reflects the status on the last day of the quarter, meaning any purchases or sales after that date do not appear in the report. Finally, the reported value corresponds to the market value of the securities at the time of reporting, without considering transaction costs or potential currency effects for foreign investors.
