Exited position

Ray Dalio’s Gds Hldgs Ltd (GDS) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Bridgewater Associates, LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ1 2019Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares765.18KHighest verified quarter-end share count
Quarters reported18Verified quarters with shares above zero
What happened?

Bridgewater Associates, LP first reported Gds Hldgs Ltd in Q1 2019. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Bridgewater Associates, LP sold the entire position in Q3 2023, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2023
Sold the entire position−21.32K shares · No shares reported at quarter-end
Q2 2023
Sold 93.4% of the position−303.66K shares · 21.32K shares remained
Filing context

Quarter-end price $10.99 · Estimated holding basis $53.71

Q1 2023
Sold 36.9% of the position−189.83K shares · 324.98K shares remained
Filing context

Quarter-end price $18.66 · Estimated holding basis $53.71

Q4 2022
Sold 32.7% of the position−250.37K shares · 514.81K shares remained
Filing context

Quarter-end price $20.62 · Estimated holding basis $53.71

Q3 2022
Bought 7.9% more+56.10K shares · 765.18K shares reported after the change
Filing context

Quarter-end price $17.66 · Estimated holding basis $53.71

Q2 2022
Bought 0.09% more+623 shares · 709.08K shares reported after the change
Filing context

Quarter-end price $33.39 · Estimated holding basis $56.56

Portfolio importance

How important was Gds Hldgs Ltd in Bridgewater Associates, LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight0.0%Q2 2023
Last reported rank#684of 696 reported positions
Peak portfolio weight0.3%Q4 2020
Best historical rank#29Q2 2020
At peak importanceQ4 2020
GDS
0.3%
Largest holding
11.9%
Cross-investor discovery

Who else owns Gds Hldgs Ltd?

Also reported by 1 other tracked investor in their latest verified filings.

Seth KlarmanBaupost Group
GDS2.1% of reported portfolio
Explore Gds Hldgs Ltd across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$32.792026-09-18

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Bridgewater Associates, LP’s Form 13F disclosures, not Ray Dalio’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.