Ray Dalio's family office, Marino Management, holds 87% of its disclosed US portfolio in gold. Its 13F for the quarter ended June 30, 2026 (filed July 28) lists $418.9M in two gold ETFs, $GLD ($407.6M) and $IAU ($11.3M), out of $479.9M in total. TIPS ($13.9M) and $TLT ($13.5M) add about $27M, or 6%. A 13F only covers US-listed positions as of quarter-end.

@55 Markets·4h ago·Source: SEC 13F, Q2 2026

Written and verified by @55 Markets from the linked source. Not investment advice.

Ray Dalio's family office, Marino Management, holds 87% of its disclosed US portfolio in gold. Its 13F for the quarter ended June 30, 2026 (filed July 28) lists $418.9M in two gold ETFs, $GLD ($407.6M) and $IAU ($11.3M), out of $479.9M in total. TIPS ($13.9M) and $TLT ($13.5M) add about $27M, or 6%. A 13F only covers US-listed positions as of quarter-end. | @55 Markets