Here are the stocks in Ray Dalio’s portfolio that are significantly growing their revenues. Investors may want to take a closer look at the names below.
Bridgewater’s Fastest Growing Stocks
Analysts often look at companies as either thriving, surviving or dying. Analyzing a company’s revenue growth can help distinguish between these stages. Growth of over 10% typically signifies the core business is doing very well and the company’s products and services are in demand.
The table below lists 7 stocks in Bridgewater’s portfolio that have strong top-line growth.
|Ticker||Name||Revenue Growth||% Of Portfolio|
|BAM||BROOKFIELD ASSET MGMT INC||88.2%||0.0%|
|MU||MICRON TECHNOLOGY INC||75.5%||0.1%|
|CNQ||CANADIAN NAT RES LTD||58.3%||0.1%|
|XEC||CIMAREX ENERGY CO||39.2%||0.3%|
Brookfield Asset Management Inc (NYSE: BAM) is the fastest growing company in Bridgewater’s portfolio. The company’s LTM total revenue of $47,416 million is up 88.2% year-over-year. Very impressive. Note that the stock price is up 8.4% over the last twelve months.
Micron Technology, Inc. (NASDAQ: MU) appears to be the second highest growth stock in the portfolio. The company’s latest top-line improvement of 75.5% is very intriguing. With 58.3% LTM sales growth, Canadian Natural Resources Limited (NYSE: CNQ) is the third fastest growing company in Ray Dalio’s portfolio.
Why It’s Worth Monitoring Bridgewater Holdings
If you’re reading this post, you’re probably well aware of the investing prowess of Raymond Dalio. The billionaire investor, hedge fund manager, and philanthropist founded one of the largest hedge funds on Wall Street. You may have also heard of Dalio’s Principles which is a 123-page manifesto giving readers a glimpse into the billionaire’s philosophies about living life and managing people and organizations.
Principles is a required read for all Bridgewater employees which hints at how core he believes these guidelines are to their investment strategy and resulting performance. Dalio clearly has what it takes to succeed and currently manages more than $10 billion in assets.
Managers with more than $100 million in qualifying assets under management are required to disclose their holdings to the SEC each quarter via 13F filings. Qualifying assets include long positions in U.S. equities and ADRs, call/put options, and convertible debt securities. Shorts, cash positions, foreign investments and other assets are not included. It is important to note that these filings are due 45 days after the quarter end date. Therefore, Bridgewater’s holdings above represent positions held as of March 31st and not necessarily reflective of the fund’s current stock holdings.
However, most can agree that with thousands of stocks traded on U.S. exchanges, doing thorough research on each one is nearly impossible for smaller investors. Leveraging the resources of the largest hedge funds on Wall Street can be a powerful way to narrow down the list.
The ideas section of finbox.io tracks top investors and trending investment themes. You can get the latest data on the holdings discussed above at the Bridgewater page.
As of this writing, I did not hold a position in any of the aforementioned securities and this is not a buy or sell recommendation on any security mentioned.