Bridgewater
Portfolio value$24.4B
Positions997
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Q2 2026 versus Q1 2026: 214 bought, 399 added to, 378 reduced, 210 sold. By dollars, the largest buy was State Str Spdr S&P 500 Etf T, $713.5M more at the quarter-end price; the largest sale Micron Technology, $1.6B less. Net, $4.8B more sold than bought. What every tracked investor did in Q2 2026.
Every move, largest first
| Ticker | Issuer | Move | Shares Q1 2026 → Q2 2026 | Bought / sold | Of the portfolio | Weight now | Price vs model |
|---|---|---|---|---|---|---|---|
| MU | Micron Technology INC | reduced −92% | 1.5M → 116,666 | −$1.6B | −6.44% | 0.6% | 195% overvalued |
| SPY | State Str Spdr S&p 500 ETF T | added +22% | 4.4M → 5.3M | +$713.5M | +2.93% | 16.3% | — |
| AMZN | Amazon Com INC | reduced −54% | 4.4M → 2.0M | −$563.3M | −2.31% | 2.0% | 182% overvalued |
| MRVL | Marvell Technology INC | reduced −91% | 1.9M → 181,176 | −$526.6M | −2.16% | 0.2% | 296% overvalued |
| TSM | Taiwan Semiconductor Manufac | reduced −97% | 1.1M → 34,525 | −$497.9M | −2.04% | 0.1% | — |
| AMD | Advanced Micro Devices INC | reduced −58% | 1.3M → 538,632 | −$438.1M | −1.80% | 1.3% | 260% overvalued |
| GEV | Ge Vernova INC | reduced −72% | 434,897 → 122,768 | −$366.7M | −1.50% | 0.6% | 77% overvalued |
| ALAB | Astera Labs INC | reduced −100% | 750,940 → 992 | −$362.2M | −1.49% | 0.0% | 585% overvalued |
| LRCX | Lam Research Corp | reduced −40% | 1.6M → 938,224 | −$274.3M | −1.13% | 1.7% | 147% overvalued |
| IVV | Ishares Tr | added +12% | 2.7M → 3.0M | +$242.0M | +0.99% | 9.2% | — |
| GOOGL | Alphabet INC | reduced −34% | 2.0M → 1.3M | −$241.4M | −0.99% | 1.9% | 51% overvalued |
| CRDO | Credo Technology Group Holdi | reduced −83% | 1.0M → 178,996 | −$230.9M | −0.95% | 0.2% | — |
| KLAC | Kla Corp | reduced −70% | 1.1M → 328,070 | −$228.9M | −0.94% | 0.4% | 103% overvalued |
| ARM | Arm Holdings PLC | reduced −99% | 593,361 → 4,924 | −$208.6M | −0.86% | 0.0% | 1197% overvalued |
| VOO | Vanguard Index Fds | added +189% | 158,628 → 458,381 | +$205.9M | +0.84% | 1.3% | — |
| AVGO | Broadcom INC | reduced −28% | 1.8M → 1.3M | −$195.5M | −0.80% | 2.0% | 49% undervalued |
| AMAT | Applied Matls INC | reduced −48% | 559,918 → 291,426 | −$194.1M | −0.80% | 0.9% | 89% overvalued |
| ANET | Arista Networks INC | reduced −81% | 1.3M → 254,275 | −$182.8M | −0.75% | 0.2% | 73% overvalued |
| NVDA | Nvidia Corporation | reduced −18% | 4.7M → 3.9M | −$165.4M | −0.68% | 3.2% | 3% undervalued |
| MSFT | Microsoft Corp | reduced −34% | 1.1M → 711,896 | −$139.2M | −0.57% | 1.1% | 10% overvalued |
| AMKR | Amkor Technology INC | reduced −100% | 1.6M → 7,145 | −$135.7M | −0.56% | 0.0% | — |
| STX | Seagate Technology Hldngs Pl | reduced −39% | 329,117 → 199,822 | −$124.8M | −0.51% | 0.8% | 207% overvalued |
| VRT | Vertiv Holdings CO | reduced −83% | 429,766 → 71,078 | −$120.1M | −0.49% | 0.1% | 179% overvalued |
| TSEM | Tower Semiconductor LTD | reduced −98% | 462,725 → 7,933 | −$118.5M | −0.49% | 0.0% | — |
| TER | Teradyne INC | reduced −71% | 338,946 → 98,627 | −$116.3M | −0.48% | 0.2% | 254% overvalued |
| GOOG | Alphabet INC | reduced −81% | 387,002 → 74,207 | −$110.5M | −0.45% | 0.1% | 49% overvalued |
| META | Meta Platforms INC | reduced −62% | 291,665 → 110,083 | −$102.3M | −0.42% | 0.3% | 10% overvalued |
| PCG | Pg&e Corp | added +24079% | 24,531 → 5.9M | +$99.4M | +0.41% | 0.4% | 42% undervalued |
| ONTO | Onto Innovation INC | reduced −72% | 348,405 → 99,020 | −$94.4M | −0.39% | 0.2% | — |
| SHEL | Shell PLC | added +389% | 312,157 → 1.5M | +$94.1M | +0.39% | 0.5% | — |
| DELL | Dell Technologies INC | reduced −95% | 223,392 → 12,230 | −$91.1M | −0.37% | 0.0% | 42% overvalued |
| PBR | Petroleo Brasileiro S A | added +467% | 1.2M → 6.5M | +$86.8M | +0.36% | 0.4% | — |
| ES | Eversource Energy | bought | — → 1.2M | +$86.4M | +0.35% | 0.4% | 37% undervalued |
| EIX | Edison Intl | added +777% | 140,761 → 1.2M | +$81.4M | +0.33% | 0.4% | 76% undervalued |
| CAT | Caterpillar INC | reduced −91% | 82,502 → 7,329 | −$80.1M | −0.33% | 0.0% | 180% overvalued |
| EWY | Ishares INC | reduced −22% | 1.8M → 1.4M | −$77.0M | −0.32% | 1.1% | — |
| APP | Applovin Corp | bought | — → 146,602 | +$75.5M | +0.31% | 0.3% | 1% overvalued |
| FIX | Comfort Sys Usa INC | reduced −44% | 86,462 → 48,506 | −$75.2M | −0.31% | 0.4% | 66% overvalued |
| SNPS | Synopsys INC | reduced −81% | 208,353 → 40,180 | −$75.0M | −0.31% | 0.1% | 306% overvalued |
| CLS | Celestica INC | reduced −37% | 525,621 → 330,689 | −$71.1M | −0.29% | 0.5% | — |
| MPC | Marathon Pete Corp | added +352% | 77,283 → 349,224 | +$69.5M | +0.29% | 0.4% | 8% overvalued |
| ED | Consolidated Edison INC | bought | — → 623,641 | +$69.0M | +0.28% | 0.3% | 2% undervalued |
| EOG | Eog Res INC | added +4191% | 12,572 → 539,429 | +$68.3M | +0.28% | 0.3% | 39% undervalued |
| NI | Nisource INC | bought | — → 1.4M | +$67.0M | +0.28% | 0.3% | 5% undervalued |
| VST | Vistra Corp | added +116% | 348,514 → 751,695 | +$64.0M | +0.26% | 0.5% | 459% overvalued |
| CSCO | Cisco Sys INC | sold | 822,892 → 0 | −$63.8M | −0.26% | — | — |
| NOW | Servicenow INC | bought | — → 635,381 | +$63.1M | +0.26% | 0.3% | 264% overvalued |
| HPE | Hewlett Packard Enterprise C | reduced −95% | 1.5M → 78,658 | −$63.1M | −0.26% | 0.0% | 4% undervalued |
| ASML | Asml Hldg NV | reduced −33% | 92,196 → 61,675 | −$60.7M | −0.25% | 0.5% | no usable model value |
| ADI | Analog Devices INC | added +269% | 55,073 → 203,208 | +$58.8M | +0.24% | 0.3% | 99% overvalued |
| COHR | Coherent Corp | reduced −91% | 163,368 → 15,206 | −$58.4M | −0.24% | 0.0% | 42% undervalued |
| MFC | Manulife Finl Corp | reduced −68% | 2.1M → 684,949 | −$57.9M | −0.24% | 0.1% | — |
| AAPL | Apple INC | reduced −35% | 563,492 → 364,377 | −$57.6M | −0.24% | 0.4% | 114% overvalued |
| DUK | Duke Energy Corp New | bought | — → 442,098 | +$56.0M | +0.23% | 0.2% | 16% undervalued |
| TLN | Talen Energy Corp | reduced −54% | 266,099 → 121,506 | −$55.6M | −0.23% | 0.2% | — |
| HAL | Halliburton CO | added +5441% | 28,698 → 1.6M | +$53.0M | +0.22% | 0.2% | 22% undervalued |
| NTNX | Nutanix INC | bought | — → 998,761 | +$50.9M | +0.21% | 0.2% | — |
| FTI | Technipfmc PLC | added +295% | 250,795 → 989,841 | +$49.0M | +0.20% | 0.3% | — |
| WDC | Western Digital Corp | reduced −31% | 249,039 → 172,415 | −$48.9M | −0.20% | 0.5% | 322% overvalued |
| AR | Antero Resources Corp | added +793% | 168,754 → 1.5M | +$47.0M | +0.19% | 0.2% | — |
| APA | Apa Corporation | bought | — → 1.4M | +$47.0M | +0.19% | 0.2% | 8% undervalued |
| CEG | Constellation Energy Corp | reduced −89% | 206,339 → 23,123 | −$45.5M | −0.19% | 0.0% | 53% overvalued |
| NRG | Nrg Energy INC | reduced −53% | 588,502 → 277,935 | −$45.4M | −0.19% | 0.2% | 45% undervalued |
| EXE | Expand Energy Corporation | bought | — → 447,886 | +$40.8M | +0.17% | 0.2% | 40% undervalued |
| VLO | Valero Energy Corp | added +113% | 133,998 → 285,001 | +$39.3M | +0.16% | 0.3% | 273% overvalued |
| CI | The Cigna Group | reduced −62% | 228,493 → 87,905 | −$38.8M | −0.16% | 0.1% | 3% overvalued |
| PPL | Ppl Corp | added +245% | 425,621 → 1.5M | +$37.9M | +0.16% | 0.2% | 27% undervalued |
| C | Citigroup INC | reduced −34% | 793,414 → 522,666 | −$37.9M | −0.16% | 0.3% | 8% overvalued |
| RIG | Transocean LTD | added +1803% | 418,431 → 8.0M | +$36.9M | +0.15% | 0.2% | — |
| ZBRA | Zebra Technologies Corporati | added +948% | 14,443 → 151,328 | +$36.0M | +0.15% | 0.2% | 115% overvalued |
| ALL | Allstate Corp | reduced −73% | 206,980 → 56,149 | −$35.9M | −0.15% | 0.1% | 8% undervalued |
| NEM | Newmont Corp | added +16% | 2.3M → 2.7M | +$35.4M | +0.15% | 1.0% | 474% overvalued |
| OVV | Ovintiv INC | added +181% | 369,965 → 1.0M | +$35.3M | +0.15% | 0.2% | — |
| DLTR | Dollar Tree INC | added +1225% | 23,837 → 315,855 | +$35.3M | +0.14% | 0.2% | 3% overvalued |
| EME | Emcor Group INC | reduced −56% | 72,808 → 32,248 | −$33.7M | −0.14% | 0.1% | 25% overvalued |
| ASX | Ase Technology Hldg CO LTD | sold | 1.5M → 0 | −$33.6M | −0.14% | — | — |
| LII | Lennox Intl INC | added +1170% | 4,980 → 63,229 | +$33.4M | +0.14% | 0.1% | 10% overvalued |
| RBC | Rbc Bearings INC | added +808% | 6,361 → 57,741 | +$33.1M | +0.14% | 0.2% | — |
| RDDT | Reddit INC | added +274% | 68,807 → 257,428 | +$32.7M | +0.13% | 0.2% | 129% overvalued |
| NOV | Nov INC | added +964% | 182,624 → 1.9M | +$32.7M | +0.13% | 0.1% | — |
| TPR | Tapestry INC | added +68% | 320,345 → 539,444 | +$32.1M | +0.13% | 0.3% | 2% overvalued |
| VMC | Vulcan Matls CO | bought | — → 108,687 | +$32.1M | +0.13% | 0.1% | 129% overvalued |
| TOL | Toll Brothers INC | reduced −89% | 217,446 → 24,255 | −$31.8M | −0.13% | 0.0% | — |
| IREN | Iren Limited | reduced −96% | 720,925 → 26,595 | −$31.8M | −0.13% | 0.0% | — |
| SN | Sharkninja INC | reduced −98% | 210,232 → 4,793 | −$31.3M | −0.13% | 0.0% | — |
| DVN | Devon Energy Corp New | bought | — → 735,174 | +$30.4M | +0.12% | 0.1% | 32% undervalued |
| TOST | Toast INC | added +324% | 337,235 → 1.4M | +$30.4M | +0.12% | 0.2% | — |
| ABNB | Airbnb INC | added +777% | 27,031 → 236,935 | +$30.0M | +0.12% | 0.1% | 93% overvalued |
| TS | Tenaris S A | added +1885% | 28,630 → 568,223 | +$29.9M | +0.12% | 0.1% | — |
| XOM | Exxon Mobil Corp | bought | — → 216,225 | +$29.6M | +0.12% | 0.1% | 13% overvalued |
| COF | Capital One Finl Corp | bought | — → 145,544 | +$29.2M | +0.12% | 0.1% | 10% overvalued |
| APH | Amphenol Corp | reduced −19% | 863,048 → 697,612 | −$29.2M | −0.12% | 0.5% | 66% overvalued |
| CRWV | Coreweave INC | sold | 364,025 → 0 | −$28.2M | −0.12% | — | — |
| PR | Permian Resources Corp | bought | — → 1.5M | +$27.9M | +0.11% | 0.1% | — |
| SLB | Slb Limited | added +80% | 744,764 → 1.3M | +$27.6M | +0.11% | 0.3% | 22% undervalued |
| LNG | Cheniere Energy INC | reduced −61% | 186,373 → 71,854 | −$27.4M | −0.11% | 0.1% | — |
| RRX | Regal Rexnord Corporation | added +3101% | 3,649 → 116,787 | +$26.9M | +0.11% | 0.1% | — |
| SPGI | S&p Global INC | added +191% | 32,699 → 95,012 | +$25.4M | +0.10% | 0.2% | 39% overvalued |
| CVX | Chevron Corporation | added +5374% | 2,827 → 154,753 | +$25.2M | +0.10% | 0.1% | 9% overvalued |
| CF | Cf Industries Hold | added +1221% | 18,904 → 249,708 | +$25.0M | +0.10% | 0.1% | 47% undervalued |
Bought / sold is the change in shares × the quarter's reported price (value ÷ shares in the filing); a position sold out is priced at the quarter before, since it has no price in this one. “Of the portfolio” is that amount against this quarter's reported book.
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.