Ray Dalio acquired 2.75 Million BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF shares worth $84.8 Million. That's 0.46% of their equity portfolio (47th largest holding). The investor owns 3258.81% of the outstanding BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF stock. The first BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF trade was made in Q2 2012. Since then Ray Dalio bought shares eighteen more times and sold shares on fourteen occasions. The investor's estimated purchase price is $89.1 Million, resulting in a loss of 4.9%.