Ray Dalio acquired 2.75 Million BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF shares worth $89.4 Million. That's 0.47% of their equity portfolio (47th largest holding). The investor owns 3410.62% 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 stake costed the investor $89.1 Million, netting the investor a gain of 0.4% so far.