Ray Dalio's position in BlackRock Institutional Trust Company N.A. - BTC iShares Gold Trust is currently worth $116 Million. That's 0.51% of their equity portfolio (31st largest holding). The investor owns 111.49% of the outstanding BlackRock Institutional Trust Company N.A. - BTC iShares Gold Trust stock. Ray Dalio started to build up the position in BlackRock Institutional Trust Company N.A. - BTC iShares Gold Trust in Q2 2017 and continued to invest until Q2 2020. Since then they sold 4.55 Million shares. The stake costed the investor $89.4 Million, netting the investor a gain of 30% so far.