Ray Dalio's Bridgewater Associates fully divested from Cisco Systems during the second quarter of 2026, liquidating its entire holding of 822,890 shares. At the end of the prior quarter, this position was valued at approximately $63.85 million.

The trade was disclosed in a mid-August 13F filing, which reflects the firm's portfolio as of June 30, 2026, meaning the transactions occurred between April and June. This exit is a notable reversal for the influential macro fund, which had significantly increased its holdings in the networking giant during the first quarter of the year.