Bridgewater Associates Portfolio
Bridgewater Associates is managed by Ray Dalio; 13F filer (CIK 0001350694).
Q2 2026 · 996 positions · Total reported value $24.37B · Top-10 concentration 40.1%
Turnover: 66.2% · 212 new · 377 cut · 209 exited
Active Share (vs S&P 500): 68.3% · vs QQQ: 77.6% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Bridgewater Associates disclosed 996 equity positions with a combined reported value of $24.37B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 40.1% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q2 2026 were SPY ($3.97B), IVV ($2.25B), NVDA ($773.59M). By sector, the heaviest allocations are Technology 23.4%, Consumer Discretionary 9.5%. Versus the prior quarter, allocation shifted toward Other (+6.4pp), Energy (+5.4pp) and away from Consumer Discretionary (-0.9pp), Materials (-3.5pp).
Versus the prior quarter, Bridgewater Associates opened 212 new positions, trimmed 377 and fully exited 209, a turnover rate of 66.2% of positions. The portfolio's overlap with the prior quarter was 65% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | 5.32M | $3.97B | 16.30% | Add |
| 2 | IVV | ISHARES TR | 3.00M | $2.25B | 9.22% | Add |
| 3 | NVDA | NVIDIA CORPORATION | 3.87M | $773.59M | 3.17% | Reduce |
| 4 | AVGO | BROADCOM INC | 1.32M | $497.85M | 2.04% | Reduce |
| 5 | AMZN | AMAZON COM INC | 2.03M | $482.75M | 1.98% | Reduce |
| 6 | GOOGL | ALPHABET INC | 1.32M | $472.51M | 1.94% | Reduce |
| 7 | LRCX | LAM RESEARCH CORP | 938.22K | $406.56M | 1.67% | Reduce |
| 8 | VOO | VANGUARD INDEX FDS | 458.38K | $314.82M | 1.29% | Add |
| 9 | AMD | ADVANCED MICRO DEVICES INC | 538.63K | $312.90M | 1.28% | Reduce |
| 10 | EWY | ISHARES INC | 1.38M | $279.59M | 1.15% | Reduce |
| 11 | MSFT | MICROSOFT CORP | 711.90K | $265.55M | 1.09% | Reduce |
| 12 | NEM | NEWMONT CORP | 2.70M | $251.73M | 1.03% | Add |
| 13 | AMAT | APPLIED MATLS INC | 291.43K | $210.70M | 0.86% | Reduce |
| 14 | ORCL | ORACLE CORP | 1.43M | $210.00M | 0.86% | Reduce |
| 15 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 199.82K | $192.83M | 0.79% | Reduce |
| 16 | JNJ | JOHNSON & JOHNSON | 669.13K | $169.94M | 0.70% | Reduce |
| 17 | VWO | VANGUARD INTL EQUITY INDEX F | 2.75M | $163.96M | 0.67% | Add |
| 18 | GEV | GE VERNOVA INC | 122.77K | $144.24M | 0.59% | Reduce |
| 19 | UNP | UNION PAC CORP | 514.27K | $139.88M | 0.57% | Reduce |
| 20 | MU | MICRON TECHNOLOGY INC | 116.67K | $134.67M | 0.55% | Reduce |
| 21 | MBB | ISHARES TR | 1.39M | $131.08M | 0.54% | Add |
| 22 | MO | ALTRIA GROUP INC | 1.73M | $124.27M | 0.51% | Add |
| 23 | APH | AMPHENOL CORP | 697.61K | $123.00M | 0.51% | Reduce |
| 24 | ASML | ASML HLDG NV | 61.67K | $122.70M | 0.50% | Reduce |
| 25 | B | BARRICK MNG CORP | 3.30M | $121.39M | 0.50% | Add |
| 26 | CLS | CELESTICA INC | 330.69K | $120.64M | 0.49% | Reduce |
| 27 | VST | VISTRA CORP | 751.70K | $119.24M | 0.49% | Add |
| 28 | SHEL | SHELL PLC | 1.53M | $118.34M | 0.49% | Add |
| 29 | SE | SEA LTD | 1.20M | $115.43M | 0.47% | Reduce |
| 30 | LQD | ISHARES TR | 1.05M | $114.58M | 0.47% | Add |
| 31 | NUE | NUCOR CORP | 513.42K | $114.36M | 0.47% | Reduce |
| 32 | PCAR | PACCAR INC | 946.11K | $113.65M | 0.47% | Add |
| 33 | WDC | WESTERN DIGITAL CORP | 172.41K | $110.12M | 0.45% | Reduce |
| 34 | IEMG | ISHARES INC | 1.33M | $110.03M | 0.45% | Reduce |
| 35 | CSX | CSX CORP | 2.23M | $105.99M | 0.43% | Reduce |
| 36 | PBR | PETROLEO BRASILEIRO S A | 6.52M | $105.44M | 0.43% | Add |
| 37 | AAPL | APPLE INC | 364.38K | $105.44M | 0.43% | Reduce |
| 38 | LLY | ELI LILLY & CO | 87.02K | $104.38M | 0.43% | Add |
| 39 | PCG | PG&E CORP | 5.93M | $99.76M | 0.41% | Add |
| 40 | KLAC | KLA CORP | 328.07K | $98.98M | 0.41% | Add |
| 41 | FIX | COMFORT SYS USA INC | 48.51K | $96.14M | 0.39% | Reduce |
| 42 | NXPI | NXP SEMICONDUCTORS N V | 337.40K | $94.82M | 0.39% | Add |
| 43 | WFC | WELLS FARGO & CO | 1.15M | $94.69M | 0.39% | Add |
| 44 | EIX | EDISON INTL | 1.23M | $91.92M | 0.38% | Add |
| 45 | EMXC | ISHARES INC | 880.52K | $90.08M | 0.37% | Reduce |
| 46 | MPC | MARATHON PETE CORP | 349.22K | $89.29M | 0.37% | Add |
| 47 | STLD | STEEL DYNAMICS INC | 378.49K | $86.85M | 0.36% | Reduce |
| 48 | ES | EVERSOURCE ENERGY | 1.20M | $86.37M | 0.35% | New |
| 49 | TEL | TE CONNECTIVITY PLC | 426.72K | $86.03M | 0.35% | Add |
| 50 | ADI | ANALOG DEVICES INC | 203.21K | $80.71M | 0.33% | Add |