Ray Dalio's UNP Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 194,619 shares of Union Pacific Corporation (UNP) worth $46 M, representing 0.18% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Ray Dalio has maintained a long-term strategic position in UNP, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 175,943 shares. Largest reduction occurred in Q1 2021, reducing 70,028 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Union Pacific Corporation (UNP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Union Pacific Corporation (UNP) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +20,746 | New Buy | 20,746 | $84.02 |
| Q1 2014 | -20,746 | Sold Out | 20,746 | $0.00 |
| Q1 2015 | +59,146 | New Buy | 59,146 | $108.31 |
| Q2 2015 | -59,146 | Sold Out | 59,146 | $0.00 |
| Q4 2015 | +21,147 | New Buy | 21,147 | $78.21 |
| Q1 2016 | +9,053 | Add 42.81% | 30,200 | $79.54 |
| Q2 2016 | -30,200 | Sold Out | 30,200 | $0.00 |
| Q2 2017 | +15,025 | New Buy | 15,025 | $108.89 |
| Q3 2017 | +5,296 | Add 35.25% | 20,321 | $115.99 |
| Q4 2017 | -20,321 | Sold Out | 20,321 | $0.00 |
| Q3 2019 | +59,528 | New Buy | 59,528 | $161.97 |
| Q4 2019 | -34,890 | Reduce 58.61% | 24,638 | $180.78 |
| Q1 2020 | -24,638 | Sold Out | 24,638 | $0.00 |
| Q2 2020 | +10,447 | New Buy | 10,447 | $169.04 |
| Q3 2020 | +29,314 | Add 280.60% | 39,761 | $196.88 |
| Q4 2020 | +31,812 | Add 80.01% | 71,573 | $208.22 |
| Q1 2021 | -70,028 | Reduce 97.84% | 1,545 | $220.71 |
| Q2 2021 | +37,126 | Add 2402.98% | 38,671 | $219.93 |
| Q3 2021 | +856 | Add 2.21% | 39,527 | $196.02 |
| Q4 2021 | -995 | Reduce 2.52% | 38,532 | $251.92 |
| Q1 2022 | +4,575 | Add 11.87% | 43,107 | $273.20 |
| Q2 2022 | +4,315 | Add 10.01% | 47,422 | $213.28 |
| Q3 2022 | -11,786 | Reduce 24.85% | 35,636 | $194.83 |
| Q4 2022 | -1,580 | Reduce 4.43% | 34,056 | $207.07 |
| Q1 2023 | -1,195 | Reduce 3.51% | 32,861 | $201.26 |
| Q2 2023 | -9,889 | Reduce 30.09% | 22,972 | $204.62 |
| Q3 2023 | +2,379 | Add 10.36% | 25,351 | $203.63 |
| Q4 2023 | -3,418 | Reduce 13.48% | 21,933 | $245.62 |
| Q1 2024 | -10,775 | Reduce 49.13% | 11,158 | $245.93 |
| Q2 2024 | +60,042 | Add 538.11% | 71,200 | $226.26 |
| Q3 2024 | -68,136 | Reduce 95.70% | 3,064 | $246.48 |
| Q4 2024 | -901 | Reduce 29.41% | 2,163 | $228.04 |
| Q1 2025 | +16,513 | Add 763.43% | 18,676 | $236.24 |
| Q2 2025 | -18,676 | Sold Out | 18,676 | $0.00 |
| Q3 2025 | +194,619 | New Buy | 194,619 | $236.37 |
Ray Dalio's Union Pacific Corporation Investment FAQs
Ray Dalio first purchased Union Pacific Corporation (UNP) in Q4 2013, acquiring 20,746 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 Union Pacific Corporation (UNP) for 48 quarters since Q4 2013.
Ray Dalio's largest addition to Union Pacific Corporation (UNP) was in Q3 2025, adding 194,619 shares worth $46 M.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 194,619 shares of Union Pacific Corporation (UNP), valued at approximately $46 M.
As of the Q3 2025 filing, Union Pacific Corporation (UNP) represents approximately 0.18% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Union Pacific Corporation (UNP) was 194,619 shares, as reported at the end of Q3 2025.