Ray Dalio

Founder, Bridgewater Associates

MacroAUM $22.40BPositions 993Q1 2026

🏆 Clone Portfolio Track Record

Rank #37 of 69 by 3-year alpha vs SPY · mechanically replicating this book, rebalanced at filing dates

A strong clone record is a track record, not a forecast — tested across a decade it doesn't reliably repeat. See what actually holds up →

Analyst Take · Q1 2026

AI

Bridgewater's $22.4B 13F shifted from index wrappers to single mega-caps: IVV cut 36% while AMZN more than doubled (+125%), NVDA +21%, GOOGL +26%, plus a new $360M TSM stake. Near-total exits from BKNG, ADBE and MA. The clone has tracked SPY almost exactly (rank #30, −0.1pt) — fitting for a beta-heavy macro book.

Generated quarterly from the filing data itself — holdings, changes, sector mix and clone-performance rank. Not investment advice.

Ray Dalio founded Bridgewater Associates, the world's largest hedge fund. Known for his 'All Weather' portfolio strategy and principles-based approach to management, Dalio pioneered risk parity investing and has been one of the most influential figures in institutional investing.