Ray Dalio's EWY Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 2.07 M shares of iShares MSCI South Korea ETF (EWY) worth $201.47 M, representing 0.73% of the portfolio. First purchased in 2016-Q3, this long-term strategic position has been held for 34 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in EWY, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2018, adding 2.83 M shares. Largest reduction occurred in Q2 2020, reducing 1.81 M shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's iShares MSCI South Korea ETF (EWY) Holding Value Over Time
Track share changes against reported price movement
Quarterly iShares MSCI South Korea ETF (EWY) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +37,242 | Add 1.83% | 2.07 M | $97.22 |
| Q3 2025 | +407,492 | Add 25.04% | 2.04 M | $80.10 |
| Q2 2025 | +123,392 | Add 8.20% | 1.63 M | $71.78 |
| Q1 2025 | -1.65 M | Reduce 52.32% | 1.5 M | $54.04 |
| Q4 2024 | +1.23 M | Add 63.66% | 3.15 M | $50.89 |
| Q3 2024 | +220,129 | Add 12.89% | 1.93 M | $63.96 |
| Q2 2024 | +832,440 | Add 95.14% | 1.71 M | $66.09 |
| Q1 2024 | +874,991 | New Buy | 874,991 | $67.11 |
| Q4 2022 | -13,042 | Sold Out | 0 | $0.00 |
| Q3 2022 | -241,534 | Reduce 94.88% | 13,042 | $47.39 |
| Q2 2022 | +214,460 | Add 534.60% | 254,576 | $58.19 |
| Q1 2022 | +24,718 | Add 160.53% | 40,116 | $71.22 |
| Q4 2021 | +4,419 | Add 40.25% | 15,398 | $77.87 |
| Q3 2021 | +10,979 | New Buy | 10,979 | $80.70 |
| Q2 2021 | -57,400 | Sold Out | 0 | $0.00 |
| Q1 2021 | -8,295 | Reduce 12.63% | 57,400 | $89.70 |
| Q4 2020 | -3,476 | Reduce 5.03% | 65,695 | $86.05 |
| Q3 2020 | -223,121 | Reduce 76.33% | 69,171 | $65.35 |
| Q2 2020 | -1.81 M | Reduce 86.09% | 292,292 | $57.13 |
| Q1 2020 | -767,433 | Reduce 26.75% | 2.1 M | $46.92 |
| Q4 2019 | -676,268 | Reduce 19.07% | 2.87 M | $62.19 |
| Q3 2019 | -24,240 | Reduce 0.68% | 3.55 M | $56.34 |
| Q2 2019 | -198,249 | Reduce 5.26% | 3.57 M | $59.87 |
| Q1 2019 | +455,716 | Add 13.76% | 3.77 M | $60.95 |
| Q4 2018 | +2.83 M | Add 581.44% | 3.31 M | $58.86 |
| Q3 2018 | +376,602 | Add 344.05% | 486,063 | $68.27 |
| Q2 2018 | -94,950 | Reduce 46.45% | 109,461 | $67.71 |
| Q1 2018 | -242,258 | Reduce 54.24% | 204,411 | $75.45 |
| Q4 2017 | -455,220 | Reduce 50.47% | 446,669 | $74.93 |
| Q3 2017 | -1.34 M | Reduce 59.78% | 901,889 | $69.06 |
| Q2 2017 | +347,402 | Add 18.33% | 2.24 M | $67.81 |
| Q1 2017 | +31,800 | Add 1.71% | 1.9 M | $61.87 |
| Q4 2016 | +1.75 M | Add 1612.38% | 1.86 M | $53.22 |
| Q3 2016 | +108,820 | New Buy | 108,820 | $58.13 |
Ray Dalio's iShares MSCI South Korea ETF Investment FAQs
Ray Dalio first purchased iShares MSCI South Korea ETF (EWY) in Q3 2016, acquiring 108,820 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 iShares MSCI South Korea ETF (EWY) for 34 quarters since Q3 2016.
Ray Dalio's largest addition to iShares MSCI South Korea ETF (EWY) was in Q4 2018, adding 3,312,243 shares worth $194.96 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 2,072,358 shares of iShares MSCI South Korea ETF (EWY), valued at approximately $201.47 M.
As of the Q4 2025 filing, iShares MSCI South Korea ETF (EWY) represents approximately 0.73% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in iShares MSCI South Korea ETF (EWY) was 3,767,959 shares, as reported at the end of Q1 2019.