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Ray Dalio’s Latest 13F Portfolio: Top 15 Stocks

In this piece, we will take a look at Ray Dalio’s latest 13F portfolio: top 15 stocks. If you want to skip our introduction to the well-known investor and want to jump ahead to the top stocks in this list, then head on over to Ray Dalio’s Latest 13F Portfolio: Top 5 Stocks.

Ray Dalio is one of the most respected names on Wall Street. He has been successful in the investment world since he was 12. His business acumen, supplemented by a Harvard education, propelled Bridgewater Associates, a hedge fund he founded, into becoming the largest and one of the most successful hedge funds. The hedge fund’s flagship fund, Pure Alpha 11, delivered an average annual return of 11.4% between 1991 and 2022, outperforming the overall market.

Founded in 1975, Bridgewater Associates deploys a distinctive investing strategy focusing on radical transparency, meritocracy and risk management. With Dalio as the co-chief investment officer, the hedge fund rose to become one of the most successful hedge funds by combining macroeconomic analysis and fundamental analysis to identify high-risk reward opportunities.

The $16.5 billion hedge fund currently manages assets from a wide range of clients, including institutional investors, pension funds and sovereign wealth funds. It boasts of a diversified portfolio with investments in services and consumer goods accounting for a big share in the equity markets holdings. The hedge fund is also heavily invested in the healthcare sector, with technology and financial sectors following suit.

Dalio’s investment prowess became evident at the height of the financial crisis in 2008 as Bridgewater Associates delivered gains of 8.7%. In contrast, the S&P 500 tanked 38.5%, hurt by the bubble in the real estate sector that had a ripple effect on the financial sector. In 2018, Bridgewater Associates would yet again be in the spotlight as it posted returns of 14.6%, even as other hedge funds lost 6.7% on average.

As the bearish run started sending shockwaves in early 2022, Bridgewater added $10 billion worth of short positions, trades that ended up generating significant returns as European equities tumbled. The hedge fund’s flagship fund returned 32% to investors in the first half. While it did incur significant losses in the second half, the gains in the first half were sufficient to ensure the hedge fund performed much better than the overall market as the S&P 500 fell 19%.

While Dalio gave up control of Bridgewater Associates in 2022, he still plays an active role in mentoring the current CEO, Nir Bar Dea, and other investment officers. He also sits on the board and remains an influential investor and market commentator.

His perspectives and Bridgewater’s plays in the markets provide valuable insights into ideal investment opportunities. The hedge fund exiting its position in Chinese stocks in the third quarter is already sending shockwaves as the second largest economy is showing signs of weakness after a botched bounce back from the COVID-19-triggered slowdown. Bridgewater Associates exited its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and electric vehicle makers XPeng Inc. (NYSE:XPEV) and Li Auto Inc. (NASDAQ:LI) as China’s economic recovery falters. While Dalio has always been a China bull, his hedge fund also reduced its exposure to EV maker NIO Inc. (NYSE:NIO), Pinduoduo e-commerce platform owner PDD Holdings, and online lender Lufax Holdings.

“China is in the midst of a secular deleveraging that is likely to take many years to work through,” the hedge fund said in a September 30 report. 

While the financial community closely watches Dalio’s investment strategies, Bridgewater Associates’ expansion of its portfolio with 130 new stocks in Q3 2023 is already eliciting strong talk on Wall Street. The hedge fund took new positions in Broadcom and Netflix, among many other stocks, signaling it remains confident about US consumer spending power heading into the New Year.

Ray Dalio of Bridgewater Associates

Our Methodology

After analyzing Bridgewater Associates’ Q3 2023 13F holdings, we have compiled a list of Ray Dalio’s top stock holdings based on their performance and returns over the years. The stocks are ranked based on the hedge fund’s stakes in them.

Ray Dalio’s Latest 13F Portfolio: Top Stocks

15. Mondelez International, Inc. (NASDAQ:MDLZ)

Bridgewater Associates Equity Stake: $170.6 Million

Mondelez International, Inc. (NASDAQ:MDLZ) is a multinational food company that offers snacks and beverages. The consumer defensive play in Bridgewater Associates portfolio provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, cakes and pastries, chocolates, gums and candies, and various cheese and groceries.

While Mondelez International, Inc. (NASDAQ:MDLZ) is up by about 4.5% for the year, it boasts a 2.43% dividend yield and is one of the top dividend stock picks for Ray Dalio. Bridgewater Associates held stakes worth $170.56 million as of Q3 2023, accounting for 1.03% of the portfolio.

14. Meta Platforms, Inc. (NASDAQ:META)

Bridgewater Associates Equity Stake: $186.8 Million

Meta Platforms, Inc. (NASDAQ:META) is one of the best-performing stocks in Bridgewater Associates portfolio, going by the 165% year-to-date gain.

13. Visa Inc. (NYSE:V)

Bridgewater Associates Equity Stake: $195.1 Million

As of Q3 2023, Bridgewater Associates held stakes in Visa worth $195.147 million, accounting for 1.17% of the portfolio.

12. Abbott Laboratories (NYSE:ABT)

Bridgewater Associates Equity Stake: $200.9 Million

Abbott Laboratories (NYSE:ABT) is one of Bridgewater Associates’ top stock holdings in the healthcare sector, offering exposure to the discovery, development, manufacture, and sale of healthcare products. The company deals in diagnostic products, nutritional products, and medical devices. It makes generic drugs for digestive problems.

11. CVS Health Corporation (NYSE:CVS)

Bridgewater Associates Equity Stake: $201.7 Million

Rhode Island-based CVS Health Corporation (NYSE:CVS) is one of Ray Dalio’s top stock holdings in the healthcare sector. Its pharmacy service segment provides pharmacy benefits management solutions, including plan design and administration.

10. Alphabet Inc. (NASDAQ:GOOG)

Bridgewater Associates Equity Stake: $206.6 Million

Alphabet Inc. (NASDAQ:GOOG) remains one of Ray Dalio’s top stock holdings, given its 42% year-to-date gain and solid track record of earnings growth. As of Q3 2023, Bridgewater Associates held stakes worth $206.61 million, accounting for 1.24% of the portfolio

9. Starbucks Corporation (NASDAQ:SBUX)

Bridgewater Associates Equity Stake: $230.9 Million

Starbucks Corporation (NASDAQ:SBUX) is a global coffee company and retailer with over 32,000 stores in over 80 countries. It is known for its high-quality coffee, tea, and other beverages, as well as its food, merchandise, and loyalty program. Based in Seattle, Washington, the company also offers a variety of digital services, such as mobile

8. PDD Holdings Inc. (NASDAQ:PDD)

Bridgewater Associates Equity Stake: $265.7 Million

PDD Holdings Inc. (NASDAQ:PDD)’s been one of Ray Dalio’s top stock holdings in 2023, going by the 40% gain year to date. The hedge fund held 2.7 million shares in the company, valued at $265.66 million, accounting for 1.6% of the portfolio.

7. McDonald’s Corporation (NYSE:MCD)

Bridgewater Associates Equity Stake: $390.4 Million

McDonald’s Corporation (NYSE:MCD) is a multinational fast food chain and one of Ray Dalio’s top stock holdings owing to its impressive track record in dividend payments. The consumer cyclical play has paid dividends for over 46 years while operating and franchising McDonald’s Corporation (NYSE:MCD)’s restaurants internationally. Its offerings include hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, and sundaes.

Up by about 2.6% for the year, McDonald’s Corporation (NYSE:MCD) boasts of a 2.46% dividend yield accounting for 2.35% of Bridgewater Associates portfolio. 

6. Johnson & Johnson (NYSE:JNJ)

Bridgewater Associates Equity Stake: $424.3 Million

Johnson & Johnson (NYSE:JNJ) remains Bridgewater Associates’ top holdings in the healthcare sector, specializing in research development, manufacturing and selling of healthcare products. Johnson & Johnson (NYSE:JNJ) offers skin health/beauty products, baby care products as well as oral care products

Click to continue reading and see Ray Dalio’s Latest 13F Portfolio: Top 5 Stocks.

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Disclosure: None. Ray Dalio’s Latest 13F Portfolio: Top 15 Stocks is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!