Bridgewater Associates, founded by Ray Dalio, announced major portfolio shifts on August 18, 2026, reducing its stake in Nvidia while significantly increasing its holdings in Shell.

The entities involved

• Bridgewater Associates →

  asset manager

  • Goldman Sachs monitors the performance of various hedge funds, including those managed by Bridgewater Associates.Mon 21:36
• Nvidia →

  American multinational technology company

  • Market reacts to geopolitical uncertainty from the Iran war, while Congress shake-ups and financial research track post-midterm gains.04:55
  • Government actions include greenlighting chip exports to China, acquiring stakes in private companies, and taking a stake in a Nevada lithium mining project.04:54
• Shell →

  British multinational oil and gas company

  • Shell and British American Tobacco are both facing market scrutiny.00:06
  • Arbitration tribunal registered at the PCA regarding alleged corrupt contracts involving Shell and ExxonMobil concerning the Kashagan reserve in the Caspian Sea.Sat 23:21

Related events

• Ray Dalio, founder of Bridgewater Associates, discussed current market conditions in an interview with CNBC.Oct 9
• Ray Dalio, founder of Bridgewater Associates, spoke at a conference in Singapore on October 7, 2026.Oct 7