Seeking Alpha
Newsletter provider, fund holdings, insider ownership
Profile| Send Message|
( followers)  

Ray Dalio manages World’s largest hedge fund. Bridgewater Associates has $86 Billion under management. Ray Dalio returned 38% last year and 18% annually over the past 10 years. These impressive returns speak for themselves. Insider Monkey, a source for insider trading data, likes Ray Dalio and believes that investors can beat the market by imitating Dalio’s largest stock picks.

Ray Dalio’s top 50 common stock holdings returned 6.8% so far in 2011, vs. SPY’s 6.0% return. Here is how each of Dalio’s common stock picks performed since the end of 2010:

Company

Ticker

Return

Value (x1000)

MICROSOFT CORP

MSFT

-7.7%

53970

GENERAL ELECTRIC CO

GE

10.7%

30521

ORACLE CORP

ORCL

5.8%

28001

AMERICAN EXPRESS CO

AXP

7.4%

25298

NOVELLUS SYSTEMS INC

NVLS

14.5%

24697

APPLIED MATERIALS INC

AMAT

12.4%

23614

NEWMONT MINING CORP

NEM

-11.6%

22976

I T T EDUCATIONAL SERVICES INC

ESI

12.1%

21390

CEPHALON INC

CEPH

22.2%

19686

PULTE GROUP INC

PHM

-1.1%

18454

T R W AUTOMOTIVE HOLDINGS

TRW

2.9%

18255

CAPITAL ONE FINANCIAL CORP

COF

22.6%

17669

HEALTH MANAGEMENT ASSOCIA

HMA

14.7%

16859

MACYS INC

M

-4.0%

16835

LEXMARK INTERNATIONAL INC

LXK

6.8%

16726

TYSON FOODS INC

TSN

14.7%

16693

VISHAY INTERTECHNOLOGY INC

VSH

22.1%

16643

BLOCK H & R INC

HRB

42.2%

16504

PEPSICO INC

PEP

0.3%

16450

ABERCROMBIE & FITCH CO

ANF

1.1%

15972

L 3 COMMUNICATIONS HLDGS INC

LLL

12.3%

15649

TEMPLE INLAND INC

TIN

9.8%

15429

CAPITALSOURCE INC

CSE

-0.7%

15327

PARKER HANNIFIN CORP

PH

10.1%

15240

DELL INC

DELL

8.0%

15108

ILLINOIS TOOL WORKS INC

ITW

0.9%

15104

GUESS INC

GES

-16.8%

15023

KOHLS CORP

KSS

-1.8%

14910

COMPUTER SCIENCES CORP

CSC

-0.8%

14875

ADOBE SYSTEMS INC

ADBE

7.1%

14686

QLOGIC CORP

QLGC

8.3%

14476

CAREER EDUCATION CORP

CECO

9.8%

14385

GILEAD SCIENCES INC

GILD

17.3%

14116

MICROCHIP TECHNOLOGY INC

MCHP

11.7%

13933

K L A TENCOR CORP

KLAC

23.9%

13768

MEDNAX INC

MD

-2.6%

13354

MEDICIS PHARMACEUTICAL CORP

MRX

21.1%

12935

U R S CORP NEW

URS

9.3%

12881

ANALOG DEVICES INC

ADI

5.4%

12756

SUNTRUST BANKS INC

STI

-1.0%

12719

HEWLETT PACKARD CO

HPQ

-1.7%

12689

RADIOSHACK CORP

RSH

-16.8%

12538

DEVRY INC DEL

DV

14.2%

12459

ALCOA INC

AA

14.8%

12398

B M C SOFTWARE INC

BMC

5.5%

12290

NORFOLK SOUTHERN CORP

NSC

10.5%

12163

ENERGIZER HOLDINGS INC

ENR

-3.2%

12142

RYDER SYSTEMS INC

R

-4.1%

12096

TECH DATA CORP

TECD

15.4%

11732

BARD C R INC

BCR

7.6%

11645

Two thirds of Ray Dalio’s top 18 stock picks outperformed the market. An equally weighted portfolio of his top 18 stocks would have returned more than 10% since the beginning of this year. His top 50 stock portfolio provides investors with adequate diversification and still manages to beat the market. His top pick, Microsoft, didn’t perform as expected by several prominent hedge fund managers. Microsoft was owned by 161 hedge funds at the end of last year. John Griffin’s Blue Ridge, Bill Miller, Barry Rosenstein’s Jana Partners, David Einhorn’s Greenlight Capital, Craig Effron’s Scoggin Capital, and Brevan Howard are some of other hedge funds bullish about Microsoft. Whitney Tilson was extremely bullish about Microsoft too. He predicted Microsoft will reach $35 by the end of 2011.

Ray Dalio’s best performing stock pick was H&R Block (NYSE:HRB). Andreas Halvorsen’s Viking Global, Jim Simons and Joel Greenblatt were also bullish about HRB. The stock returned more than 42% since the end of 2010. Ray Dalio recently stated strong optimism about US equities, gold, and emerging markets (You can see the details here).

Source: Ray Dalio's Favorite Stock Picks