Ray Dalio's ECL Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 46,744 shares of Ecolab Inc. (ECL) worth $12.8 M, representing 0.05% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Ray Dalio has maintained a long-term strategic position in ECL, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2021, adding 90,102 shares. Largest reduction occurred in Q1 2022, reducing 66,278 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Ecolab (ECL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ecolab (ECL) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +10,510 | New Buy | 10,510 | $104.57 |
| Q1 2015 | -10,510 | Sold Out | 10,510 | $0.00 |
| Q3 2017 | +61,148 | New Buy | 61,148 | $128.61 |
| Q4 2017 | +13,406 | Add 21.92% | 74,554 | $134.18 |
| Q1 2018 | -62,451 | Reduce 83.77% | 12,103 | $137.07 |
| Q2 2018 | +10,034 | Add 82.91% | 22,137 | $140.31 |
| Q3 2018 | -22,137 | Sold Out | 22,137 | $0.00 |
| Q2 2020 | +25,114 | New Buy | 25,114 | $198.93 |
| Q3 2020 | +3,733 | Add 14.86% | 28,847 | $199.85 |
| Q4 2020 | -28,847 | Sold Out | 28,847 | $0.00 |
| Q1 2021 | +118,949 | New Buy | 118,949 | $214.07 |
| Q2 2021 | +8,669 | Add 7.29% | 127,618 | $205.97 |
| Q3 2021 | -59,642 | Reduce 46.73% | 67,976 | $208.62 |
| Q4 2021 | -67,976 | Sold Out | 67,976 | $0.00 |
| Q1 2022 | +1,698 | New Buy | 1,698 | $176.68 |
| Q2 2022 | -1,698 | Sold Out | 1,698 | $0.00 |
| Q2 2023 | +5,040 | New Buy | 5,040 | $186.69 |
| Q3 2023 | +789 | Add 15.65% | 5,829 | $169.40 |
| Q4 2023 | -5 | Reduce 0.09% | 5,824 | $198.35 |
| Q1 2024 | +36,559 | Add 627.73% | 42,383 | $230.90 |
| Q2 2024 | -40,710 | Reduce 96.05% | 1,673 | $238.00 |
| Q3 2024 | -570 | Reduce 34.07% | 1,103 | $255.33 |
| Q4 2024 | -1,103 | Sold Out | 1,103 | $0.00 |
| Q3 2025 | +46,744 | New Buy | 46,744 | $273.86 |
Ray Dalio's Ecolab Investment FAQs
Ray Dalio first purchased Ecolab Inc. (ECL) in Q4 2014, acquiring 10,510 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Ecolab Inc. (ECL) for 44 quarters since Q4 2014.
Ray Dalio's largest addition to Ecolab Inc. (ECL) was in Q1 2021, adding 118,949 shares worth $25.46 M.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 46,744 shares of Ecolab Inc. (ECL), valued at approximately $12.8 M.
As of the Q3 2025 filing, Ecolab Inc. (ECL) represents approximately 0.05% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Ecolab Inc. (ECL) was 127,618 shares, as reported at the end of Q2 2021.