Breaking: Bridgewater Associates by Ray Dalio just filed its Q2 2026 13F

Here's everything you need to know about the recent 13F

Top 10 positions:

• SPDR S&P 500 ETF $SPY (16.3%)

• iShares Core S&P 500 ETF $IVV (9.2%)

• Nvidia $NVIDIA(NVDA.US) (3.2%)

• Broadcom $Broadcom(AVGO.US) (2.0%)

• Amazon $Amazon(AMZN.US) (2.0%)

• Alphabet Class A $Alphabet(GOOGL.US) (1.9%)

• Lam Research $Lam Research(LRCX.US) (1.7%)

• Vanguard S&P 500 ETF $VOO (1.3%)

• AMD $AMD(AMD.US) (1.3%)

• iShares MSCI South Korea ETF $EWY (1.1%)

Top 10 new positions (by $ size):

• $Eversource Energy(ES.US) (Eversource Energy)

• $AppLovin(APP.US) (AppLovin)

• $Consolidated Edison(ED.US) (Con Edison)

• $Nisource(NI.US) (NiSource)

• $ServiceNow(NOW.US) (ServiceNow)

• $Duke Energy(DUK.US) (Duke Energy)

• $Nutanix(NTNX.US) (Nutanix)

• $APA(APA.US) (APA Corp)

• $Expand Energy(EXE.US) (Expand Energy)

• $Vulcan Materials(VMC.US) (Vulcan Materials)

Top 10 full exits (by prior $ size):

• $Cisco(CSCO.US) (Cisco)

• $Advanced Semiconductor Engineering(ASX.US) (ASE Technology)

• $Coreweave(CRWV.US) (CoreWeave)

• $Primoris(PRIM.US) (Primoris Services)

• $Brookfield(BN.US) (Brookfield)

• $Applied Optoelectronics(AAOI.US) (Applied Optoelectronics)

• $Palantir Tech(PLTR.US) (Palantir)

• $Nebius(NBIS.US) (Nebius Group)

• $Sun Life Financial(SLF.US) (Sun Life Financial)

• $Bristol Myers Squibb(BMY.US) (Bristol-Myers Squibb)

Summary: Bridgewater's book grew 8.8% to $24.38B this quarter, still anchored by index ETFs (SPY + IVV = 25.5% of the fund) with AI/semis (NVDA, AVGO, LRCX, AMD) making up the next tier. New money leaned into utilities and energy (ES, ED, NI, DUK, APA), while exits skewed tech/growth (CSCO, CRWV, PLTR, NBIS, BMY). With 214 adds and 210 exits out of roughly 1,000 total names, this is systematic macro rebalancing, not conviction stock-picking