Ray Dalio is regarded as one of the most successful hedge fund managers of all time. Bridgewater Associates was founded in 1973 and now manages over $15 billion in assets. According to 13F reports, the portfolio’s value increased by more than $4 billion between March and June this year. Ray Dalio, a billionaire, founded his hedge fund in his two-bedroom apartment in New York City. He has given more than $800 million to initiatives such as microfinance and inner-city education. Walmart and Proctor & Gamble were among the top equities in their investment portfolio after the second quarter of 2021. He believes that if the popular digital currency became mainstream, the regulation would put it out of business. According to Forbes, the 68-year-old has a net worth of about $20 billion.
Here is Insider Monkey’s list of the 10 new stocks in the portfolio of billionaire Ray Dalio. Atrion Corporation is ranked tenth. Bridgewater Associates owned 1,901 shares in the company worth $1.1 million at the end of the second quarter of 2021. Smith & Nephew Plc is rated ninth. Bridgewater Associates owned 48,087 shares in the company valued at $2 million at the end of June 2021. Atmos Energy Corporation is ranked eighth. After the second quarter of 2021, Bridgewater Associates held 10,317 shares in the firm, valued at $992,000. AtriCure, Inc. is rated seventh. At the end of June 2021, Bridgewater Associates owned 43,424 shares in the company, valued at $3.4 million. Southern Copper Corporation is ranked sixth among the ten new stocks in billionaire Ray Dalio’s portfolio. According to the most recent disclosures, Bridgewater Associates owned 233,702 shares in the company worth $15 million at the end of June 2021. For more details, click 10 New Stocks In The Portfolio Of Billionaire Ray Dalio.