Ray Dalio's PBR Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 1.15 M shares of Petróleo Brasileiro S.A. - Petrobras (PBR) worth $23.88 M, representing 0.11% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 30 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in PBR, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2026, adding 1.15 M shares. Largest reduction occurred in Q2 2017, reducing 1.17 M shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Petróleo Brasileiro SA - Petrobras (PBR) Holding Value Over Time
Track share changes against reported price movement
Quarterly Petróleo Brasileiro SA - Petrobras (PBR) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +1.15 M | New Buy | 1.15 M | $20.75 |
| Q2 2020 | -196,014 | Sold Out | 0 | $0.00 |
| Q1 2020 | +34,981 | Add 21.72% | 196,014 | $5.50 |
| Q4 2019 | +165 | Add 0.10% | 161,033 | $15.94 |
| Q3 2019 | -5,336 | Reduce 3.21% | 160,868 | $14.47 |
| Q2 2019 | -3,322 | Reduce 1.96% | 166,204 | $15.57 |
| Q1 2019 | -16,559 | Reduce 8.90% | 169,526 | $15.92 |
| Q4 2018 | -35,693 | Reduce 16.09% | 186,085 | $13.01 |
| Q3 2018 | -20,740 | Reduce 8.55% | 221,778 | $12.07 |
| Q2 2018 | +26,459 | Add 12.25% | 242,518 | $10.03 |
| Q1 2018 | -69,116 | Reduce 24.24% | 216,059 | $14.14 |
| Q4 2017 | -61,419 | Reduce 17.72% | 285,175 | $10.29 |
| Q3 2017 | -44,480 | Reduce 11.37% | 346,594 | $10.04 |
| Q2 2017 | -1.17 M | Reduce 74.95% | 391,074 | $7.99 |
| Q1 2017 | +56,591 | Add 3.76% | 1.56 M | $9.69 |
| Q4 2016 | -205,800 | Reduce 12.03% | 1.5 M | $10.11 |
| Q3 2016 | -87,700 | Reduce 4.88% | 1.71 M | $9.33 |
| Q2 2016 | -97,400 | Reduce 5.14% | 1.8 M | $7.16 |
| Q1 2016 | +40,100 | Add 2.16% | 1.9 M | $5.84 |
| Q4 2015 | +108,500 | Add 6.21% | 1.86 M | $4.30 |
| Q3 2015 | +185,300 | Add 11.87% | 1.75 M | $4.35 |
| Q2 2015 | -285,100 | Reduce 15.44% | 1.56 M | $9.05 |
| Q1 2015 | +62,000 | Add 3.47% | 1.85 M | $6.01 |
| Q4 2014 | +1 M | Add 127.73% | 1.78 M | $7.30 |
| Q3 2014 | -72,000 | Reduce 8.42% | 783,600 | $14.19 |
| Q2 2014 | -151,700 | Reduce 15.06% | 855,600 | $14.63 |
| Q1 2014 | +245,500 | Add 32.23% | 1.01 M | $13.15 |
| Q4 2013 | +252,400 | Add 49.55% | 761,800 | $13.78 |
| Q3 2013 | +16,400 | Add 3.33% | 509,400 | $15.49 |
| Q2 2013 | +493,000 | Add 0.00% | 493,000 | $13.41 |
Ray Dalio's Petróleo Brasileiro SA - Petrobras Investment FAQs
Ray Dalio first purchased Petróleo Brasileiro S.A. - Petrobras (PBR) in Q2 2013, acquiring 493,000 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 Petróleo Brasileiro S.A. - Petrobras (PBR) for 30 quarters since Q2 2013.
Ray Dalio's largest addition to Petróleo Brasileiro S.A. - Petrobras (PBR) was in Q1 2026, adding 1,150,984 shares worth $23.88 M.
According to the latest 13F filing for Q1 2026, Ray Dalio's firm, Bridgewater Associates, Lp, owns 1,150,984 shares of Petróleo Brasileiro S.A. - Petrobras (PBR), valued at approximately $23.88 M.
As of the Q1 2026 filing, Petróleo Brasileiro S.A. - Petrobras (PBR) represents approximately 0.11% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Petróleo Brasileiro S.A. - Petrobras (PBR) was 1,895,300 shares, as reported at the end of Q1 2016.