Ray Dalio's MO Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 3.7M shares of Altria Group, Inc. (MO) worth $244.13 M, representing 0.96% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 49 quarters.
Based on 13F filings since 2013, Ray Dalio has maintained a long-term strategic position in MO, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2024, adding 1.2M shares. Largest reduction occurred in Q1 2024, reducing 728.1K shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Altria Group (MO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Altria Group (MO) Trades by Ray Dalio
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2013 | +54,600 | New Buy | 54,600 | $34.36 |
| Q4 2013 | +11,500 | Add 21.06% | 66,100 | $38.40 |
| Q1 2014 | +159,300 | Add 241.00% | 225,400 | $37.43 |
| Q2 2014 | -179,400 | Reduce 79.59% | 46,000 | $41.93 |
| Q3 2014 | -41,500 | Reduce 90.22% | 4,500 | $46.00 |
| Q4 2014 | -4,500 | Sold Out | 4,500 | $0.00 |
| Q1 2015 | +52,100 | New Buy | 52,100 | $50.02 |
| Q2 2015 | +4,500 | Add 8.64% | 56,600 | $48.90 |
| Q3 2015 | -48,600 | Reduce 85.87% | 8,000 | $54.38 |
| Q4 2015 | +11,500 | Add 143.75% | 19,500 | $58.21 |
| Q1 2016 | -3,200 | Reduce 16.41% | 16,300 | $62.64 |
| Q2 2016 | -16,300 | Sold Out | 16,300 | $0.00 |
| Q3 2016 | +18,000 | New Buy | 18,000 | $63.22 |
| Q4 2016 | -18,000 | Sold Out | 18,000 | $0.00 |
| Q2 2018 | +29,484 | New Buy | 29,484 | $56.78 |
| Q3 2018 | +43,453 | Add 147.38% | 72,937 | $60.31 |
| Q4 2018 | +86,117 | Add 118.07% | 159,054 | $49.39 |
| Q1 2019 | -50,539 | Reduce 31.77% | 108,515 | $57.43 |
| Q2 2019 | +45,960 | Add 42.35% | 154,475 | $47.35 |
| Q3 2019 | +189,826 | Add 122.88% | 344,301 | $40.90 |
| Q4 2019 | -344,301 | Sold Out | 344,301 | $0.00 |
| Q1 2020 | +101,832 | New Buy | 101,832 | $38.67 |
| Q2 2020 | -34,183 | Reduce 33.57% | 67,649 | $39.25 |
| Q3 2020 | -67,649 | Sold Out | 67,649 | $0.00 |
| Q3 2021 | +66,271 | New Buy | 66,271 | $45.53 |
| Q4 2021 | +174,533 | Add 263.36% | 240,804 | $47.39 |
| Q1 2022 | +141,271 | Add 58.67% | 382,075 | $52.25 |
| Q2 2022 | +949,542 | Add 248.52% | 1.33 M | $41.77 |
| Q3 2022 | -195,017 | Reduce 14.65% | 1.14 M | $40.38 |
| Q4 2022 | -67,169 | Reduce 5.91% | 1.07 M | $45.71 |
| Q1 2023 | +5,846 | Add 0.55% | 1.08 M | $44.62 |
| Q2 2023 | +200,981 | Add 18.69% | 1.28 M | $45.30 |
| Q3 2023 | +129,160 | Add 10.12% | 1.41 M | $42.05 |
| Q4 2023 | +480,546 | Add 34.19% | 1.89 M | $40.34 |
| Q1 2024 | -728,073 | Reduce 38.60% | 1.16 M | $43.62 |
| Q2 2024 | -49,431 | Reduce 4.27% | 1.11 M | $45.55 |
| Q3 2024 | +330,105 | Add 29.78% | 1.44 M | $51.04 |
| Q4 2024 | +1.24 M | Add 85.97% | 2.68 M | $52.29 |
| Q1 2025 | +638,614 | Add 23.87% | 3.31 M | $60.02 |
| Q2 2025 | +456,905 | Add 13.79% | 3.77 M | $58.63 |
| Q3 2025 | -75,260 | Reduce 2.00% | 3.7 M | $66.06 |
Ray Dalio's Altria Group Investment FAQs
Ray Dalio first purchased Altria Group, Inc. (MO) in Q3 2013, acquiring 54,600 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 Altria Group, Inc. (MO) for 49 quarters since Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio's largest addition to Altria Group, Inc. (MO) was in Q4 2024, adding 2,675,347 shares worth $139.89 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 3,695,606 shares of Altria Group, Inc. (MO), valued at approximately $244.13 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Altria Group, Inc. (MO) represents approximately 0.96% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio's peak holding in Altria Group, Inc. (MO) was 3,770,866 shares, as reported at the end of Q2 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.