Ray Dalio's NFG Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 80,506 shares of National Fuel Gas Company (NFG) worth $7.44 M, representing 0.03% of the portfolio. First purchased in 2014-Q1, this long-term strategic position has been held for 47 quarters.
Based on 13F filings since 2013, Ray Dalio has maintained a long-term strategic position in NFG, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 205,634 shares. Largest reduction occurred in Q3 2025, reducing 140,269 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's National Fuel Gas Company (NFG) Holding Value Over Time
Track share changes against reported price movement
Quarterly National Fuel Gas Company (NFG) Trades by Ray Dalio
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2014 | +22,700 | New Buy | 22,700 | $70.04 |
| Q2 2014 | -22,700 | Sold Out | 22,700 | $0.00 |
| Q2 2017 | +4,352 | New Buy | 4,352 | $55.84 |
| Q3 2017 | -4,352 | Sold Out | 4,352 | $0.00 |
| Q1 2018 | +11,025 | New Buy | 11,025 | $51.43 |
| Q2 2018 | -4,255 | Reduce 38.59% | 6,770 | $53.03 |
| Q3 2018 | -6,770 | Sold Out | 6,770 | $0.00 |
| Q4 2018 | +29,103 | New Buy | 29,103 | $51.16 |
| Q1 2019 | -29,103 | Sold Out | 29,103 | $0.00 |
| Q4 2021 | +4,974 | New Buy | 4,974 | $63.93 |
| Q1 2022 | +5,785 | Add 116.30% | 10,759 | $68.69 |
| Q2 2022 | +525 | Add 4.88% | 11,284 | $66.02 |
| Q3 2022 | +70,078 | Add 621.04% | 81,362 | $61.55 |
| Q4 2022 | -44,713 | Reduce 54.96% | 36,649 | $63.30 |
| Q1 2023 | -5,564 | Reduce 15.18% | 31,085 | $57.74 |
| Q2 2023 | +8,043 | Add 25.87% | 39,128 | $51.36 |
| Q3 2023 | -39,128 | Sold Out | 39,128 | $0.00 |
| Q4 2024 | +5,337 | New Buy | 5,337 | $60.68 |
| Q1 2025 | +9,804 | Add 183.70% | 15,141 | $79.19 |
| Q2 2025 | +205,634 | Add 1358.13% | 220,775 | $84.71 |
| Q3 2025 | -140,269 | Reduce 63.53% | 80,506 | $92.37 |
Ray Dalio's National Fuel Gas Company Investment FAQs
Ray Dalio first purchased National Fuel Gas Company (NFG) in Q1 2014, acquiring 22,700 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 National Fuel Gas Company (NFG) for 47 quarters since Q1 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio's largest addition to National Fuel Gas Company (NFG) was in Q2 2025, adding 220,775 shares worth $18.7 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 80,506 shares of National Fuel Gas Company (NFG), valued at approximately $7.44 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, National Fuel Gas Company (NFG) represents approximately 0.03% 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 National Fuel Gas Company (NFG) was 220,775 shares, as reported at the end of Q2 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.