Top 5 Stock Picks of Ray Dalio

2. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 69  

The Procter & Gamble Company (NYSE:PG) makes and sells consumer packaged goods. Latest filings show that Bridgewater Associates is long on more than 4.6 million shares in the firm worth $655 million, representing 3.58% of the portfolio.  

The Procter & Gamble Company (NYSE:PG) has been paying a regular and healthy dividend for more than three decades. In late October, it declared a quarterly dividend of $0.8698 per share, in line with previous. 

Among the hedge funds being tracked by Insider Monkey, London-based investment firm Cedar Rock Capital is a leading shareholder in The Procter & Gamble Company (NYSE:PG)  with 7.4 million shares worth more than $1 billion.