Bridgewater Associates' $24.28 Billion Portfolio Shifts Focus Beyond Tech

Bridgewater Associates' Q2 2026 13F portfolio has reached approximately $24.28 billion, marking a significant increase in the firm's investment holdings. The top five holdings include NVDA, GOOGL, AVGO, AMZN, and LRCX, with notable reductions in these major tech positions.

The reductions in NVDA, GOOGL, AVGO, AMZN, and LRCX are attributed to Bridgewater harvesting gains and managing exposure. This strategic move demonstrates the firm's commitment to dynamic rebalancing, a key aspect of Ray Dalio's new portfolio strategy introduced following his official exit in August 2025.

Newmont Corp (NEM) is an exception, with its large stake increasing by 16% this quarter, indicating Bridgewater's focus on diversification beyond the tech sector. This development underscores the firm's effort to adapt and evolve in response to changing market conditions.