Ray Dalio's PNW Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 174,043 shares of Pinnacle West Capital Corporation (PNW) worth $15.44 M, representing 0.06% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 29 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in PNW, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2025, adding 72,588 shares. Largest reduction occurred in Q1 2025, reducing 109,590 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Pinnacle West Capital Corporation (PNW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Pinnacle West Capital Corporation (PNW) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +67,752 | Add 63.74% | 174,043 | $88.70 |
| Q3 2025 | +72,588 | Add 215.38% | 106,291 | $89.66 |
| Q2 2025 | -16,511 | Reduce 32.88% | 33,703 | $89.47 |
| Q1 2025 | -109,590 | Reduce 68.58% | 50,214 | $95.25 |
| Q4 2024 | +57,834 | Add 56.72% | 159,804 | $84.77 |
| Q3 2024 | +52,095 | Add 104.45% | 101,970 | $88.59 |
| Q2 2024 | +9,836 | Add 24.57% | 49,875 | $76.38 |
| Q1 2024 | -248 | Reduce 0.62% | 40,039 | $74.73 |
| Q4 2023 | +40,287 | New Buy | 40,287 | $71.84 |
| Q1 2023 | -26,988 | Sold Out | 0 | $0.00 |
| Q4 2022 | +9,043 | Add 50.39% | 26,988 | $76.04 |
| Q3 2022 | -2,061 | Reduce 10.30% | 17,945 | $64.53 |
| Q2 2022 | +5,848 | Add 41.31% | 20,006 | $73.13 |
| Q1 2022 | +7,533 | Add 113.71% | 14,158 | $78.12 |
| Q4 2021 | +6,625 | New Buy | 6,625 | $70.64 |
| Q2 2020 | -3,395 | Sold Out | 0 | $0.00 |
| Q1 2020 | +3,395 | New Buy | 3,395 | $75.70 |
| Q3 2019 | -6,090 | Sold Out | 0 | $0.00 |
| Q2 2019 | +6,090 | New Buy | 6,090 | $94.09 |
| Q1 2019 | -16,781 | Sold Out | 0 | $0.00 |
| Q4 2018 | +16,781 | New Buy | 16,781 | $85.22 |
| Q3 2018 | -4,470 | Sold Out | 0 | $0.00 |
| Q2 2018 | -2,673 | Reduce 37.42% | 4,470 | $80.54 |
| Q1 2018 | +7,143 | New Buy | 7,143 | $79.80 |
| Q4 2017 | -18,171 | Sold Out | 0 | $0.00 |
| Q3 2017 | +11,601 | Add 176.58% | 18,171 | $84.59 |
| Q2 2017 | +6,570 | New Buy | 6,570 | $85.24 |
| Q3 2013 | -10,400 | Sold Out | 0 | $0.00 |
| Q2 2013 | +10,400 | Add 0.00% | 10,400 | $55.48 |
Ray Dalio's Pinnacle West Capital Corporation Investment FAQs
Ray Dalio first purchased Pinnacle West Capital Corporation (PNW) in Q2 2013, acquiring 10,400 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 Pinnacle West Capital Corporation (PNW) for 29 quarters since Q2 2013.
Ray Dalio's largest addition to Pinnacle West Capital Corporation (PNW) was in Q3 2025, adding 106,291 shares worth $9.53 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 174,043 shares of Pinnacle West Capital Corporation (PNW), valued at approximately $15.44 M.
As of the Q4 2025 filing, Pinnacle West Capital Corporation (PNW) represents approximately 0.06% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Pinnacle West Capital Corporation (PNW) was 174,043 shares, as reported at the end of Q4 2025.